BlackRock Coutts Actively Managed Global Investment Grade Credit Fund

The Fund aims to achieve a return on your investment through a combination of capital growth and income on its assets. The Fund invests at least 80% of its assets in fixed income (FI) securities (such as bonds) issued by corporate or government-related issuers (including governments, foreign agencies, supranational bodies (e.g. the International Bank for Reconstruction and Development) and local authorities) which are investment grade (i.e. meet a specified level of credit worthiness) and instruments related thereto, including financial derivative instruments (FDI) (i.e. investments whose prices are based on one or more underlying assets). It may invest up to 25% of its assets in emerging markets and 10% in asset and mortgage backed securities (i.e. financial securities backed by cash flows from debt). It may invest in high yield FI securities (i.e. non-investment grade) and instruments related thereto, money market instruments (i.e. debt securities with short term maturities), deposits and cash. The Fund invests in accordance with its Exclusionary Policy as disclosed in the prospectus and at: https://www.blackrock.com/uk/individual/literature/prospectus/blackrock-solutions-funds-icav-esg-policy-emea-gb-en.pdf. The Fund is actively managed. The Investment Manager (IM) has discretion to select the Fund’s investments. In doing so, the IM refers tothe Bloomberg MSCI Global Aggregate Credit SRI Select Index (USD Hedged) (the Index) when constructing the Fund’s portfolio, and for performance comparison and risk management purposes. The Bloomberg Global Aggregate Credit Index (Parent Index) measures the performance of the global investment grade local currency corporate and government-related bond markets. The Index aims to reflect a sub-set of fixed income securities within the Parent Index which remain after the index provider has excluded securities using pre-defined ESG screens, as disclosed in the prospectus. The IM may use FDIs to help achieve the Fund’s investment objective and to reduce risk within the Fund’s portfolio, reduce investment costs and generate additional income. The Fund is expected, via FDIs, to generate varying amounts of market leverage (i.e. where the Fund gains market exposure in excess of the value of its assets). The price of fixed income securities may be affected by changing interest rates which in turn may affect the value of your investment. Fixed income securities prices move inversely to interest rates. Therefore, the market value of fixed income securities may decrease as interest rates increase. The credit rating of an issuing entity will generally affect the yield that can be earned on fixed income securities; the better the credit rating the smaller the yield. The price of an FDI changes on a daily basis depending on the value of the underlying asset(s). This may affect the value of your investment. A change in the value of underlying assets can have a greater impact on the value of FDIs than if the assets were held directly since FDIs can be more sensitive to such changes. The return on your investment in the Fund is directly related to the value of the underlying assets of the Fund, less costs (see “What are the costs?” below). The relationship between the return on your investment, how it is impacted and the period for which you hold your investment is considered below (see “How long should I hold it and can I take my money out early?”). The depositary of the Fund is The Bank of New York Mellon SA/NV, Dublin Branch. Further information about the Fund can be obtained from the latest annual report and half-yearly reports of the BlackRock Solutions Funds ICAV. These documents are available free of charge in English and certain other languages. These can be found, along with other (practical) information, including prices of units, on the BlackRock website at: www.blackrock.com or the iShares website at: www.ishares.com or by calling the International Investor Servicing team on +44 (0) 20 7743 3300. Your shares will be distributing shares (i.e. dividend income will be paid on the shares quarterly based on the income received on the Fund’s assets). The Fund’s base currency is US Dollar. Shares for this class are bought and sold in Euro. The performance of your shares may be affected by this currency difference. Your shares will be “hedged” with the aim of reducing the effect of exchange rate fluctuations between their denominated currency and the base currency of the Fund. FDIs, including FX forward contracts, will be used for currency hedging purposes. The hedging strategy may not completely eliminate currency risk and, therefore, may affect the performance of your shares. You can buy and sell your shares daily. The minimum initial investment for this share class is €200,000,000.