0001193125-13-249986.txt : 20130606 0001193125-13-249986.hdr.sgml : 20130606 20130606160403 ACCESSION NUMBER: 0001193125-13-249986 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 8 FILED AS OF DATE: 20130606 DATE AS OF CHANGE: 20130606 EFFECTIVENESS DATE: 20130606 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BLACKROCK FUNDS CENTRAL INDEX KEY: 0000844779 IRS NUMBER: 510318674 STATE OF INCORPORATION: MA FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-26305 FILM NUMBER: 13897395 BUSINESS ADDRESS: STREET 1: 100 BELLEVUE PARKWAY CITY: WILMINGTON STATE: DE ZIP: 19809 BUSINESS PHONE: 800-441-7762 MAIL ADDRESS: STREET 1: 100 BELLEVUE PARKWAY CITY: WILMINGTON STATE: DE ZIP: 19809 FORMER COMPANY: FORMER CONFORMED NAME: COMPASS CAPITAL FUNDS\ DATE OF NAME CHANGE: 19961114 FORMER COMPANY: FORMER CONFORMED NAME: PNC FUND DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: NCP FUNDS DATE OF NAME CHANGE: 19890511 0000844779 S000001870 BLACKROCK MANAGED VOLATILITY PORTFOLIO C000004878 INSTITUTIONAL PBAIX C000004879 SERVICE PCBSX C000004880 INVESTOR A PCBAX C000004881 INVESTOR B CBIBX C000004882 INVESTOR C BRBCX C000037655 R Shares 497 1 d549410d497.htm BLACKROCK MANAGED VOLATILITY PORTFOLIO BlackRock Managed Volatility Portfolio
LOGO   

SIDLEY AUSTIN LLP

787 SEVENTH AVENUE        

New York, NY 10019

(212) 839 5300

(212) 839 5599 FAX

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GENEVA

 

 

FOUNDED 1866

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WASHINGTON, D.C.

June 6, 2013                    

VIA EDGAR

U.S. Securities and Exchange Commission

100 F Street, N.E.

Washington, D.C. 20549

 

  Re:

BlackRock Managed Volatility Portfolio of BlackRock FundsSM

Securities Act File No. 33-26305

Investment Company Act File No. 811-05742                                

Ladies and Gentlemen:

On behalf of BlackRock FundsSM and pursuant to Rule 497(e) under the Securities Act of 1933, as amended, attached for filing are exhibits containing interactive data format risk/return summary information that mirrors the risk/return summary information in a supplement, dated May 31, 2013, to the Prospectus, dated January 28, 2013, of BlackRock Managed Volatility Portfolio (the “Fund”). The purpose of this filing is to submit the 497(e) filing dated May 31, 2013 in XBRL for the Fund.

Any questions or comments on this filing should be directed to the undersigned at (212) 839-5583.

 

Very truly yours,

 

/s/ Ellen W. Harris

Ellen W. Harris

Enclosures

 

cc: Benjamin Archibald, Esq.

BlackRock Advisors, LLC

Sidley Austin (NY) LLP is a Delaware limited liability partnership doing business as Sidley Austin LLP and practicing in affiliation with other Sidley Austin partnerships.

EX-101.INS 2 bf1-20130531.xml XBRL INSTANCE DOCUMENT 0000844779 2012-01-29 2013-01-28 0000844779 bf1:S000001870Member 2012-01-29 2013-01-28 BLACKROCK FUNDS 0000844779 2013-05-31 2013-05-31 false 2012-09-30 <p style="text-align: center; margin: 0px; "><b>BLACKROCK FUNDS<font style="FONT-SIZE: 8pt"><sup>SM </sup></font></b></p><p style="text-align: center; margin: 0px; "><b>BLACKROCK MANAGED VOLATILITY PORTFOLIO</b></p><p style="text-align: center; margin: 0px 0px 0.25in; ">(the "Fund")</p><p style="text-align: center; margin: 0px 0px 0.25in; "><b>Supplement dated May 31, 2013 <br/>to the Prospectus of the Fund, dated January 28, 2013</b></p><p style=" margin-left: 0px; margin-right: 0px;"><b>Effective immediately, the following changes are made to the Fund's Prospectus:</b></p><p style=" margin-left: 0px; margin-right: 0px;"><b>The section in the Prospectus of the Fund entitled "Fund Overview &#151; Performance Information" is supplemented as follows:</b></p><p style=" margin-bottom: 12pt; margin-left: 0px; margin-right: 0px;">Effective May 31, 2013, the Fund's customized performance benchmark against which the Fund measures its performance is changed from the MSCI All Country World Index (60%)/Citigroup World Government Bond Index (hedged into USD) (40%) to the MSCI All Country World Index (50%)/Citigroup World Government Bond Index (hedged into USD) (50%). Fund management believes that this change in the weightings of the customized performance benchmark more accurately reflects the investment strategy of the Fund.</p><p style="text-align: center; margin: 0px; "> </p><p style=" margin-bottom: 6pt; margin-left: 0px; margin-right: 0px;">For the one-, five- and ten-year periods ended December 31, 2012, the average annual total returns for the MSCI All Country World Index (50%)/Citigroup World Government Bond Index (hedged into USD) (50%) were 10.45%, 2.40% and 6.67%, respectively.</p> <p style="text-align: center; margin: 0px; "><b>BLACKROCK FUNDS<font style="FONT-SIZE: 8pt"><sup>SM </sup></font></b></p><p style="text-align: center; margin: 0px; "><b>BLACKROCK MANAGED VOLATILITY PORTFOLIO</b></p><p style="text-align: center; margin: 0px 0px 0.25in; ">(the "Fund")</p><p style="text-align: center; margin: 0px 0px 0.25in; "><b>Supplement dated May 31, 2013 <br/>to the Prospectus of the Fund, dated January 28, 2013</b></p><p style=" margin-left: 0px; margin-right: 0px;"><b>Effective immediately, the following changes are made to the Fund's Prospectus:</b></p><p style=" margin-left: 0px; margin-right: 0px;"><b>The section in the Prospectus of the Fund entitled "Fund Overview &#151; Performance Information" is supplemented as follows:</b></p><p style=" margin-bottom: 12pt; margin-left: 0px; margin-right: 0px;">Effective May 31, 2013, the Fund's customized performance benchmark against which the Fund measures its performance is changed from the MSCI All Country World Index (60%)/Citigroup World Government Bond Index (hedged into USD) (40%) to the MSCI All Country World Index (50%)/Citigroup World Government Bond Index (hedged into USD) (50%). Fund management believes that this change in the weightings of the customized performance benchmark more accurately reflects the investment strategy of the Fund.</p><p style="text-align: center; margin: 0px; "> </p><p style=" margin-bottom: 6pt; margin-left: 0px; margin-right: 0px;">For the one-, five- and ten-year periods ended December 31, 2012, the average annual total returns for the MSCI All Country World Index (50%)/Citigroup World Government Bond Index (hedged into USD) (50%) were 10.45%, 2.40% and 6.67%, respectively.</p> 2013-01-28 Other EX-101.SCH 3 bf1-20130531.xsd XBRL TAXONOMY EXTENSION SCHEMA 000000 - Document - Document and Entity Information link:presentationLink link:calculationLink link:definitionLink 000010 - Document - Risk/Return Supplement {Unlabeled} - BLACKROCK MANAGED VOLATILITY PORTFOLIO link:presentationLink link:calculationLink link:definitionLink 000011 - Document - Risk/Return Summary {Unlabeled} - BLACKROCK MANAGED VOLATILITY PORTFOLIO link:presentationLink link:calculationLink link:definitionLink 000012 - Schedule - Shareholder Fees {- BLACKROCK MANAGED VOLATILITY PORTFOLIO} link:presentationLink link:calculationLink link:definitionLink 000013 - Schedule - Annual Fund Operating Expenses {- BLACKROCK MANAGED VOLATILITY PORTFOLIO} link:calculationLink link:presentationLink link:definitionLink 000014 - Schedule - Expense Example {Transposed} {- BLACKROCK MANAGED VOLATILITY PORTFOLIO} link:presentationLink link:calculationLink link:definitionLink 000015 - Schedule - Expense Example, No Redemption {Transposed} {- BLACKROCK MANAGED VOLATILITY PORTFOLIO} link:presentationLink link:calculationLink link:definitionLink 000016 - Schedule - Annual Total Returns - BLACKROCK MANAGED VOLATILITY PORTFOLIO [BarChart] link:presentationLink link:calculationLink link:definitionLink 000017 - Schedule - Average Annual Total Returns {Transposed} {- BLACKROCK MANAGED VOLATILITY PORTFOLIO} link:presentationLink link:calculationLink link:definitionLink 000018 - Document - Risk/Return Detail {Unlabeled} - BLACKROCK MANAGED VOLATILITY PORTFOLIO link:presentationLink link:calculationLink link:definitionLink 000019 - Disclosure - Risk/Return Detail Data {Elements} - BLACKROCK MANAGED VOLATILITY PORTFOLIO link:presentationLink link:calculationLink link:definitionLink EX-101.CAL 4 bf1-20130531_cal.xml XBRL TAXONOMY EXTENSION CALCULATION LINKBASE EX-101.DEF 5 bf1-20130531_def.xml XBRL TAXONOMY EXTENSION DEFINITION LINKBASE EX-101.LAB 6 bf1-20130531_lab.xml XBRL TAXONOMY EXTENSION LABEL LINKBASE EX-101.PRE 7 bf1-20130531_pre.xml XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE GRAPHIC 8 g549410g28h17.jpg GRAPHIC begin 644 g549410g28h17.jpg M_]C_X``02D9)1@`!``$`>`!X``#__@`?3$5!1"!496-H;F]L;V=I97,@26YC M+B!6,2XP,0#_VP"$``("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@(" M`@("`@,#`@(#`@("`P0#`P,#!`0$`@,$!`0$!`,$!`,!`@("`@("`@("`@," M`@(#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,# M`P,#`P,#`__$`:(```$%`0$!`0$!```````````!`@,$!08'"`D*"P$``P$! 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Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName BLACKROCK FUNDS
Prospectus Date rr_ProspectusDate Jan. 28, 2013
Document Creation Date dei_DocumentCreationDate May 31, 2013
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Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName BLACKROCK FUNDS
Prospectus Date rr_ProspectusDate Jan. 28, 2013
Supplement Text Block bf1_SupplementTextBlock

BLACKROCK FUNDSSM

BLACKROCK MANAGED VOLATILITY PORTFOLIO

(the "Fund")

Supplement dated May 31, 2013
to the Prospectus of the Fund, dated January 28, 2013

Effective immediately, the following changes are made to the Fund's Prospectus:

The section in the Prospectus of the Fund entitled "Fund Overview — Performance Information" is supplemented as follows:

Effective May 31, 2013, the Fund's customized performance benchmark against which the Fund measures its performance is changed from the MSCI All Country World Index (60%)/Citigroup World Government Bond Index (hedged into USD) (40%) to the MSCI All Country World Index (50%)/Citigroup World Government Bond Index (hedged into USD) (50%). Fund management believes that this change in the weightings of the customized performance benchmark more accurately reflects the investment strategy of the Fund.

For the one-, five- and ten-year periods ended December 31, 2012, the average annual total returns for the MSCI All Country World Index (50%)/Citigroup World Government Bond Index (hedged into USD) (50%) were 10.45%, 2.40% and 6.67%, respectively.

BLACKROCK MANAGED VOLATILITY PORTFOLIO
 
Risk/Return: rr_RiskReturnAbstract  
Supplement Text Block bf1_SupplementTextBlock

BLACKROCK FUNDSSM

BLACKROCK MANAGED VOLATILITY PORTFOLIO

(the "Fund")

Supplement dated May 31, 2013
to the Prospectus of the Fund, dated January 28, 2013

Effective immediately, the following changes are made to the Fund's Prospectus:

The section in the Prospectus of the Fund entitled "Fund Overview — Performance Information" is supplemented as follows:

Effective May 31, 2013, the Fund's customized performance benchmark against which the Fund measures its performance is changed from the MSCI All Country World Index (60%)/Citigroup World Government Bond Index (hedged into USD) (40%) to the MSCI All Country World Index (50%)/Citigroup World Government Bond Index (hedged into USD) (50%). Fund management believes that this change in the weightings of the customized performance benchmark more accurately reflects the investment strategy of the Fund.

For the one-, five- and ten-year periods ended December 31, 2012, the average annual total returns for the MSCI All Country World Index (50%)/Citigroup World Government Bond Index (hedged into USD) (50%) were 10.45%, 2.40% and 6.67%, respectively.

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BLACKROCK FUNDSSM

BLACKROCK MANAGED VOLATILITY PORTFOLIO

(the "Fund")

Supplement dated May 31, 2013
to the Prospectus of the Fund, dated January 28, 2013

Effective immediately, the following changes are made to the Fund's Prospectus:

The section in the Prospectus of the Fund entitled "Fund Overview — Performance Information" is supplemented as follows:

Effective May 31, 2013, the Fund's customized performance benchmark against which the Fund measures its performance is changed from the MSCI All Country World Index (60%)/Citigroup World Government Bond Index (hedged into USD) (40%) to the MSCI All Country World Index (50%)/Citigroup World Government Bond Index (hedged into USD) (50%). Fund management believes that this change in the weightings of the customized performance benchmark more accurately reflects the investment strategy of the Fund.

For the one-, five- and ten-year periods ended December 31, 2012, the average annual total returns for the MSCI All Country World Index (50%)/Citigroup World Government Bond Index (hedged into USD) (50%) were 10.45%, 2.40% and 6.67%, respectively.

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Document and Entity Information
12 Months Ended
Jan. 28, 2013
Risk/Return:  
Document Type Other
Document Period End Date Sep. 30, 2012
Registrant Name BLACKROCK FUNDS
Central Index Key 0000844779
Amendment Flag false
Document Creation Date May 31, 2013
Document Effective Date May 31, 2013
Prospectus Date Jan. 28, 2013