Portfolio management
Lawrence Kemp
Investment approach
The fund seeks its investment objective of long-term growth of capital by investing in a portfolio of equity securities that fund management believes has shown above average growth rates in earnings over the long term.
Important Risks: The fund is actively managed and its characteristics will vary. Holdings shown should not be deemed as a recommendation to buy or sell securities. Stock and bond values fluctuate in price so the value of your investment can go down depending on market conditions. International investing involves special risks including, but not limited to political risks, currency fluctuations, illiquidity and volatility. These risks may be heightened for investments in emerging markets. Derivatives entails risks relating to liquidity, leverage and credit that may reduce returns and increase volatility.
The opinions expressed are those of the fund’s portfolio management team as of September 30, 2024, and may change as subsequent conditions vary. Information and opinions 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.
BlackRock provides compensation in connection with obtaining or using third-party ratings and rankings.
1 All data refers to the underlying variable insurance product and not the retail mutual fund of the same name. All returns assume reinvestment of all dividends and capital gains distributions. Total investment returns exclude separate account fees, insurance-related fees and expenses. See the fund’s prospectus and the prospectus for the applicable variable insurance product for more information including fees and expenses. 2 Effective 12/12/08, the fund changed the benchmark against which it measures its performance from the S&P 500/Citigroup Growth Index to the Russell 1000 Growth Index. The Russell 1000 Growth Index comprises large- and mid-capitalization U.S. equities that exhibit growth characteristics.
You should consider the investment objectives, risks, charges and expenses of the fund carefully before investing. The prospectus and, if available, the summary prospectus contain this and other information about the fund and are available, along with information on other BlackRock funds, by calling 800-882-0052 or from your financial professional. The prospectus should be read carefully before investing.
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Prepared by BlackRock Investments, LLC, member FINRA.
Not FDIC Insured • May Lose Value • No Bank Guarantee
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