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BLACKROCK COMMON CONTRACTUAL FUNDS PROSPECTUS 4 March 2021

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BLACKROCK COMMON CONTRACTUAL FUNDS PROSPECTUS 4 March 2021 BLACKROCK COMMON CONTRACTUAL FUNDS PROSPECTUS 4 March 2021 • CCF Developed World (ESG Screened) Index Fund • CCF North America (ESG Screened) Index Fund • CCF Europe (ESG Screened) Index Fund • CCF Pacific (ESG Screened) Index Fund PART I IMPORTANT INFORMATION This Prospectus comprises information relating to BlackRock Common Contractual Funds (the "Fund"). The Fund is structured as a common contractual fund and is authorised in Ireland by the Central Bank of Ireland or any successor thereof (the "Central Bank") as a UCITS for the purposes of the UCITS Regulations. The Fund is structured as an open-ended umbrella fund with segregated liability between Sub-Funds in that it may be divided into different Classes of Units with one or more Classes representing a separate Sub-Fund of the Fund. The creation of any Sub- Fund will require the prior approval of the Central Bank. Units are currently available in the following Sub-Funds (each a "Sub-Fund", together the “Sub-Funds”): • CCF Developed World (ESG Screened) Index Fund • CCF North America (ESG Screened) Index Fund • CCF Europe (ESG Screened) Index Fund • CCF Pacific (ESG Screened) Index Fund Applications for Units will only be considered on the basis of this Prospectus (and any relevant Supplement) and the latest published audited annual report and accounts and, if published after such report, a copy of the latest unaudited semi-annual report. These reports will form part of this Prospectus and the relevant Supplements. The Fund is both authorised and supervised by the Central Bank. The authorisation of the Fund is not an endorsement or guarantee of the Fund by the Central Bank and the Central Bank is not responsible for the contents of this Prospectus. The authorisation of the Fund by the Central Bank does not constitute a warranty by the Central Bank as to the performance of the Fund and the Central Bank shall not be liable for the performance or default of the Fund. If you are in any doubt about the contents of this Prospectus, you should consult your stockbroker, financial adviser or other professional advisers. The Directors of the Manager of the Fund, whose names appear under the heading “Management and Administration”, accept responsibility for the information contained in this document. To the best of the knowledge and belief of the Directors (who have taken all reasonable care to ensure that such is the case) the information contained in this document is in accordance with the facts and does not omit anything likely to affect the import of such information. The value of Units may fall as well as rise and investors may not recoup the original amount invested in a Sub-Fund. The difference at any one time between subscription and redemption prices for Units means that any investment should be viewed as medium to long term. Units in a Sub-Fund are not freely transferable as this may result in a Sub-Fund incurring a tax liability or suffering pecuniary disadvantage. Unitholders have the right to require the Manager to redeem their Units in a Sub-Fund on any Dealing Day (save during any period when the calculation of the Net Asset Value is suspended in the circumstances set out under the heading "Temporary Suspensions") on furnishing to the Manager a redemption request. This Prospectus contains particulars of the offering of Units in each of the Sub-Funds. The offer proceeds will be invested by the Fund in accordance with the investment objectives for those Sub- Funds set out in this Prospectus, as amended from time to time. A separate Supplement relating to Units comprising any new Sub-Fund of the Fund may be issued by the Manager at the time of the establishment of a Sub-Fund in accordance with the requirements of the Central Bank. Such Supplements shall form part of, and should be read in conjunction with, this Prospectus. 51897987.8 2 It is intended that application may be made in other jurisdictions to enable the Units of the Fund to be marketed freely in these jurisdictions. Statements made in this Prospectus are, except where otherwise stated, based on the law and practice currently in force in Ireland, which may be subject to change. No person has been authorised to give any information or to make any representation in connection with the offering or placing of Units other than those contained in this Prospectus and the reports referred to above and, if given or made, such information or representation must not be relied upon as having been authorised by the Fund. The delivery of this Prospectus (whether or not accompanied by the reports) or any issue of Units shall not, under any circumstances, create any implication that the affairs of the Fund have not changed since the date of this Prospectus. The Units of the Sub-Funds are not currently listed on any stock exchange. The distribution of this Prospectus and the offering and placing of Units in certain jurisdictions may be restricted and, accordingly, persons into whose possession this Prospectus comes are required by the Fund to make themselves aware of and to observe such restrictions. Authorised intermediaries which offer, recommend or arrange to sell Units in the Sub-Funds must comply with all laws, regulations and regulatory requirements as may be applicable to them. Also, such intermediaries should consider such information about the Sub-Funds as is made available by the Manager or Investment Manager for the purposes of the EU’s Product Governance regime under MiFID II including, without limitation, target market information. This Prospectus does not constitute an offer or solicitation to anyone in any jurisdiction in which such offer or solicitation is not authorised or to any person to whom it is unlawful to make such offer or solicitation. Potential investors should inform themselves as to: (i) the legal requirements within the countries of their nationality, residence, ordinary residence or domicile for the acquisition of Units; (ii) any foreign exchange restrictions or exchange control requirements which they might encounter on the acquisition or sale of Units; and (iii) the income tax and other taxation consequences which might be relevant to the acquisition, holding or disposal of Units. The Fund has been authorised by the Central Bank as a UCITS for the purposes of the UCITS Regulations. The proposal to market the Units in any Member State and accordingly the ability to do so is limited by the laws of the relevant Member States. Units in the Sub-Funds may not be offered or sold in the United Kingdom except as permitted by FSMA 2000, and this Prospectus may not be communicated to any person in the United Kingdom except in circumstances permitted by FSMA 2000 or those regulations or to a person to whom this Prospectus may otherwise lawfully be issued in the United Kingdom. The Manager is not authorised to carry on investment business in the United Kingdom and investors are advised that the protections afforded by the United Kingdom regulatory system may not apply to an investment in the Fund and compensation will not be available under the United Kingdom Financial Services Compensation Scheme. The Units have not been and will not be registered under the 1933 Act or the securities laws of any of the States of the United States. The Units are being offered and sold solely outside the United States to non-US Persons in reliance on Regulation S under the 1933 Act. The Fund has 51897987.8 3 not been and will not be registered under the 1940 Act but will be exempt from such registration pursuant to Section 3(c)(7) thereunder. Section 3(c)(7) exempts non-US issuers who are not making or proposing to make a public offering of their securities in the US. The outstanding securities of those issuers, to the extent that they are owned by US Persons (or transferees of US Persons), must be owned exclusively by persons who, at the time of acquisition of such securities, are "qualified purchasers" within the meaning of Section 2(a)(51) of the 1940 Act. Any US purchaser of the Fund's Units must therefore be both a "qualified institutional buyer" under Rule 144A under the 1933 Act and a "qualified purchaser" within Section 2(a)(51) of the 1940 Act. The Fund is not open for investment by any US Person unless otherwise authorised by the Manager. Applicants for Units will be required to certify that they are not US Persons. The Units have not been, nor will they be, qualified for distribution to the public in Canada as no prospectus for the Fund has been filed with any securities commission or regulatory authority in Canada or any province or territory thereof. This document is not, and under no circumstances is to be construed, as an advertisement or any other step in furtherance of a public offering of Units in Canada. No Canadian Resident may purchase or accept a transfer of Units unless he is eligible to do so under applicable Canadian or provincial laws. In order to ensure compliance with the restrictions referred to above, the Fund is, accordingly, not open for investment by any US Persons (including those deemed to be US Persons under the 1940 Act and/or the CEA and regulations thereunder), ERISA Plans and/or Canadian Residents except in exceptional circumstances and then only with the prior consent of the Manager. A prospective investor may be required at the time of acquiring Units to represent that such investor is an Eligible Investor and, in particular, is not a US Person or Canadian Resident or acquiring Units for or on behalf of a US Person or Canadian Resident or with the assets of an ERISA Plan.
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