Contact us: For Qualified Investors domiciled in Switzerland Only BlackRock Institutional Funds Switzerland BIFS World ex Switzerland Equity Index Fund Fund objective The investment objective of the Fund is to provide Unitholders with a total return, taking into account both capital and income returns, which reflect the total return of the MSCI World ex Switzerland Index. Index description The return of this Fund is compared with the return of the MSCI World ex Switzerland Index with net dividends reinvested. The index is free float-adjusted market capitalization weighted index that is designed to capture the market performance of developed world ex Switzerland equities. Key benefits ►Reduced tracking error to benchmark index through rigorous risk control ►Diversified portfolio of securities tracking the sector exposure of the benchmark index ►Minimised transaction costs leveraging our trading expertise and experience Performance BIFS World ex Switzerland Equity Index Fund performance % returns CHF 2016 Fact Sheet Fund details Umbrella BlackRock Institutional Funds Switzerland (BIFS) DomicileSwitzerland Fund structure Open ended contractual fund Base currencyCHF Benchmark MSCI World ex Switzerland Index Inception date28 January 2015 Unit classesAccumulating Securities lendingLendable Fund sizeCHF m No. of holdings1,619 Tracking error tolerance 1 Up to 0.2% Fees – Flexible accumulating Class X Investment management fee available on request. 2 TER 3 – 3 bps Fees – Institutional accumulating Class I Investment management fee – 15bps TER – 18bps Custodian State Street Bank GmbH, Munich Zurich Branch Dealing frequencyDaily Dealing deadline 15:30 Swiss time on Dealing Day -1 SettlementDealing Day + 3 Index top 10 stocks % Apple 1.75 Microsoft 1.27 Exxon Mobil 1.17 Johnson & Johnson 0.99 Amazon Com 0.93 General Electric 0.90 Facebook Class A 0.86 AT&T 0.77 Wells Fargo 0.76 JPMorgan Chase & Co 0.76 Unless otherwise specified, all information contained in this document is sourced by BlackRock and is current as at 31 May Source: BlackRock See reverse for footnotes Source: BlackRock and MSCI. Performance shown gross of investment management fees. Past performance is not a reliable indicator of current or future results. *Annualized

Regulatory information For Qualified Investors in Switzerland The distribution of this fund in Switzerland will be exclusively made to qualified investors as defined in the Swiss Collective Investment Schemes Act of 23 June 2006, as amended and its implementing ordinance. The fund contract is available free of charge from the Management Company BlackRock Asset Management Schweiz AG, Bahnhofstrasse 39, CH-8001 Zurich. The opinions expressed are as of 31 March 2016 and may change as subsequent conditions vary. The information and opinions contained in this material are derived from proprietary and non-proprietary sources deemed by BlackRock to be reliable, are not necessarily all inclusive and are not guaranteed as to accuracy. There is no guarantee that any forecasts made will come to pass. Any investments named within this material may not necessarily be held in any accounts managed by BlackRock. Reliance upon information in this material is at the sole discretion of the reader. All financial investments involve an element of risk. Therefore, the value of your investment and the income from it will vary and your initial investment amount cannot be guaranteed. The Fund may be exposed to the following non-exhaustive list of risks, including financial derivative instrument risks, currency risk, taxation risk and counterparty defaults. The fund described herein is indexed to an MSCI ® index but is not sponsored, endorsed, or promoted by MSCI and MSCI bears no liability with respect to any such funds or any index on which such funds are based. The Prospectus contains a more detailed description of the limited relationship MSCI has with BlackRock and any related funds. © 2016 BlackRock, Inc. All Rights reserved. BLACKROCK, BLACKROCK SOLUTIONS, ALADDIN, iSHARES, LIFEPATH, SO WHAT DO I DO WITH MY MONEY, INVESTING FOR A NEW WORLD, and BUILT FOR THESE TIMES are registered and unregistered trademarks of BlackRock, Inc. or its subsidiaries in the United States and elsewhere. All other trademarks are those of their respective owners. BIFS World ex Switzerland Equity Index Fund MAY 2016 Available unit classes and identifiers ClassValorISIN Institutional accumulating I CHF CH I0 CHF 4) CH I15 CHF 5) CH Flexible accumulating 6) X CHF CH X0 CHF 4) CH X15 CHF 5) CH Under normal circumstances we expect to achieve tracking error relative to the benchmarks within the figures indicated. For this purpose tracking error is defined as the annualised standard deviation of monthly returns as against the benchmark, measured over three year periods. Please note that these are tolerances only and BlackRock does not provide a guarantee they will not be exceeded. 2 The investment management fee for the Flexible accumulating X Class is charged outside the Fund and is available on request. 3 The TER refers only to share class specific charges. 4) Full relief from US taxation on US dividends (W-8BEN required) 5) Partial relief from US taxation on US dividends (W-8BEN required) 6) Separate agreement with BlackRock required. Unless otherwise specified, all information contained in this document is sourced by BlackRock and is current as at 31 May IMPEG-0633 Sector breakdown (%)Country breakdown (%) In principle, all funds may participate in securities lending. BlackRock, acting as an agent, currently lends securities on behalf of funds with the objective of generating incremental returns for the funds while maintaining a low level of risk. Should a particular Fund undertake securities lending, it will receive 62.5% of the income generated by this activity and the remaining 37.5% will be received by BlackRock as the securities lending agent. The fact that BlackRock receives a portion of the fee generated from the overall securities lending income does not increase the costs of running the Fund. Securities lending involves risk such as that of counterparty default. As an additional safeguard in the event of a counterparty default, BlackRock, Inc. provides the Fund with an indemnity to cover losses associated with borrower default — in the event of a default, if a shortfall exists between the proceeds of the sale of the collateral and the cost to repurchase loaned securities, BlackRock reimburses the Fund in full under the terms of the indemnity.