{"annotation_id":"adc3261a-f9c5-4b9a-951b-2461fbc22d2f","file_hash":"0e39ecaa437ca10fe9bb8ee1a0ab955651ac26253b792ed2c4ec00f89a4568b5","schema_id":"open/document-extraction","schema_version":"0.5.0","record":{"extraction_type":"boxes","producer":"pdf-extractor-v0.5.0","blocks":[{"id":"13b976dc-a583-4406-97bb-af6e3cbb04ce","block_type":"box","text":"SEPTEMBER 28, 2026","page_number":1,"box":{"x":754,"y":47,"width":184,"height":11}},{"id":"051d0c0b-6d73-4bed-a175-27ef7ca0db02","block_type":"box","text":"Summary Prospectus","page_number":1,"box":{"x":103,"y":175,"width":502,"height":33}},{"id":"d6526e69-85d3-4df1-9df9-a658bb47e422","block_type":"box","text":"BlackRock Funds","page_number":1,"box":{"x":63,"y":297,"width":140,"height":9}},{"id":"15a9324d-393e-4919-8834-a75c1422c93a","block_type":"box","text":"SM","page_number":1,"box":{"x":204,"y":297,"width":13,"height":5}},{"id":"d191efc3-73cb-40e6-af2a-a3589681be23","block_type":"box","text":"|","page_number":1,"box":{"x":227,"y":296,"width":3,"height":11}},{"id":"c9b2f787-cad8-4c12-9869-2a87d9499d43","block_type":"box","text":"Class K Shares","page_number":1,"box":{"x":240,"y":297,"width":119,"height":9}},{"id":"1ae6b0c3-0f3d-4934-9572-1101f0a1cd4e","block_type":"box","text":"•","page_number":1,"box":{"x":63,"y":325,"width":6,"height":4}},{"id":"7c4bba32-d043-4485-aeb8-659d6bcd5171","block_type":"box","text":"BlackRock Health Sciences Opportunities Portfolio","page_number":1,"box":{"x":84,"y":321,"width":417,"height":12}},{"id":"0824f85f-6350-47a8-9259-7da46fc402fe","block_type":"box","text":"Class K: SHSKX","page_number":1,"box":{"x":83,"y":339,"width":96,"height":7}},{"id":"e91b62bf-6ca9-4665-9e49-24ffdc1d93c0","block_type":"box","text":"Before you invest, you may want to review the Fund’s prospectus, which contains more information about the Fund","page_number":1,"box":{"x":64,"y":379,"width":808,"height":11}},{"id":"d2c29646-b76f-4537-91eb-a3cc4c7eb66b","block_type":"box","text":"and its risks. You can find the Fund’s prospectus (including amendments and supplements), reports to shareholders","page_number":1,"box":{"x":63,"y":394,"width":821,"height":11}},{"id":"0f032550-cee7-41d3-b766-5064a2f4fcd4","block_type":"box","text":"and other information about the Fund, including the Fund’s statement of additional information, online at","page_number":1,"box":{"x":63,"y":410,"width":748,"height":11}},{"id":"05d2e4bb-5f8a-456a-8be2-777cf8762e32","block_type":"box","text":"https://www.blackrock.com/prospectus. You can also get this information at no cost by calling (800) 537-4942 or by","page_number":1,"box":{"x":63,"y":425,"width":825,"height":11}},{"id":"b8adb4f6-d2d4-410a-8c61-7e31cf75638e","block_type":"box","text":"sending an e-mail request to","page_number":1,"box":{"x":63,"y":441,"width":203,"height":11}},{"id":"db0de192-7f63-41e1-8daa-c770b598b4f0","block_type":"box","text":"prospectus.request@blackrock.com","page_number":1,"box":{"x":271,"y":441,"width":261,"height":10}},{"id":"599e5cd7-d8e8-4b3f-8753-f49578861d1e","block_type":"box","text":", or from your financial professional. The Fund’s","page_number":1,"box":{"x":534,"y":441,"width":335,"height":11}},{"id":"73413f5b-6a8e-40f3-840f-2ed766ce9fc9","block_type":"box","text":"prospectus and statement of additional information, both dated September 28, 2026, as amended and supplemented","page_number":1,"box":{"x":63,"y":456,"width":831,"height":11}},{"id":"938560e0-0878-4e00-bb7c-3f6d130f6f3f","block_type":"box","text":"from time to time, are incorporated by reference into (legally made a part of) this Summary Prospectus.","page_number":1,"box":{"x":62,"y":472,"width":729,"height":11}},{"id":"3af37ecf-0ade-459b-b0d3-17a3199c9036","block_type":"box","text":"This Summary Prospectus contains information you should know before investing, including information about","page_number":1,"box":{"x":63,"y":819,"width":774,"height":10}},{"id":"3b99d180-fbec-4f23-b53e-b3ea1da623eb","block_type":"box","text":"risks. Please read it before you invest and keep it for future reference.","page_number":1,"box":{"x":63,"y":834,"width":477,"height":11}},{"id":"4953fcb6-2956-4af6-b8e7-ac1f7a960ad4","block_type":"box","text":"The Securities and Exchange Commission has not approved or disapproved these securities or passed upon","page_number":1,"box":{"x":63,"y":855,"width":749,"height":11}},{"id":"634f3d9b-7416-4d10-9083-3f308ed866b4","block_type":"box","text":"the adequacy of this Summary Prospectus. Any representation to the contrary is a criminal offense.","page_number":1,"box":{"x":63,"y":870,"width":687,"height":11}},{"id":"8e1dae79-9748-43d8-8ac0-974750bc9656","block_type":"box","text":"Not FDIC Insured","page_number":1,"box":{"x":101,"y":916,"width":112,"height":8}},{"id":"f99e515b-24a9-4341-9c1a-7ccc48ba8f01","block_type":"box","text":"•","page_number":1,"box":{"x":218,"y":919,"width":5,"height":3}},{"id":"042ff798-eff6-4bc1-8e46-a4504e7515ee","block_type":"box","text":"May Lose Value","page_number":1,"box":{"x":228,"y":916,"width":101,"height":10}},{"id":"54161a91-e5ea-495a-862b-2f704b92c5c8","block_type":"box","text":"•","page_number":1,"box":{"x":334,"y":919,"width":4,"height":3}},{"id":"aa6e58ea-ae42-484d-a504-69f7cb7c925d","block_type":"box","text":"No Bank Guarantee","page_number":1,"box":{"x":344,"y":916,"width":127,"height":8}},{"id":"a5628358-1b2c-489b-855c-de29c684ea92","block_type":"box","text":"NM1026U-5978657-1/8","page_number":1,"box":{"x":757,"y":969,"width":131,"height":7}},{"id":"36e2548c-9295-40cc-b6db-709b2d5e9d9c","block_type":"box","text":"Summary Prospectus","page_number":2,"box":{"x":62,"y":47,"width":468,"height":34}},{"id":"8db7724a-d82c-45d5-a999-c7d9c329fd10","block_type":"box","text":"Key Facts About BlackRock Health Sciences Opportunities Portfolio","page_number":2,"box":{"x":62,"y":121,"width":616,"height":14}},{"id":"173a8ef5-3784-4740-a36c-346864622c14","block_type":"box","text":"Investment Objective","page_number":2,"box":{"x":62,"y":152,"width":191,"height":14}},{"id":"6f7a0dbe-3d93-4d9b-99cc-36e70d44d6e1","block_type":"box","text":"The investment objective of BlackRock Health Sciences Oppor tunities Por tfolio (the “Fund”), a series of BlackRock","page_number":2,"box":{"x":60,"y":178,"width":843,"height":12}},{"id":"ac0ab672-4549-473f-a031-b0fc4b455440","block_type":"box","text":"Funds","page_number":2,"box":{"x":62,"y":194,"width":41,"height":8}},{"id":"ea3ecb54-8057-4a1e-abfb-ef9f69f77e6a","block_type":"box","text":"SM","page_number":2,"box":{"x":105,"y":194,"width":11,"height":4}},{"id":"6a35a1a3-d931-4a69-b351-612a93ab0991","block_type":"box","text":"(the “Trust”), is to provide long-term growth of capital.","page_number":2,"box":{"x":122,"y":193,"width":395,"height":12}},{"id":"0d19b37a-19f4-461d-8bc6-287c5e9e5795","block_type":"box","text":"Fees and Expenses of the Fund","page_number":2,"box":{"x":61,"y":232,"width":283,"height":14}},{"id":"f9608914-c7ff-40df-bdeb-c6d3f60036ac","block_type":"box","text":"This table describes the fees and expenses that you may pay if you buy, hold and sell Class K Shares of the Fund.","page_number":2,"box":{"x":60,"y":258,"width":839,"height":12}},{"id":"36e3dee4-1ecc-4853-a110-5db5424e9cb2","block_type":"box","text":"Amounts in the table are rounded to the nearest basis point, which in some cases may be “0.00.”","page_number":2,"box":{"x":60,"y":273,"width":724,"height":12}},{"id":"722fff8c-138f-4370-8c8d-02ee7e51320a","block_type":"box","text":"You may pay other","page_number":2,"box":{"x":790,"y":273,"width":138,"height":12}},{"id":"4324a9b9-87d3-4b25-9bea-2457d8126afc","block_type":"box","text":"fees, such as brokerage commissions and other fees to your financial professional or selected securities dealer,","page_number":2,"box":{"x":60,"y":288,"width":841,"height":11}},{"id":"9d399a67-fdbb-476e-942e-7cf66cee4a92","block_type":"box","text":"broker, investment adviser, service provider or industry professional (including BlackRock Advisors, LLC","page_number":2,"box":{"x":61,"y":303,"width":780,"height":11}},{"id":"88b2c0bb-7f97-4bf9-8a8a-ad68592ccd58","block_type":"box","text":"(“BlackRock”) and its affiliates) (each, a “Financial Intermediary”), which are not reflected in the table and","page_number":2,"box":{"x":61,"y":318,"width":813,"height":11}},{"id":"75bd5a05-e41d-4331-96a1-2cc892ada4c7","block_type":"box","text":"example below.","page_number":2,"box":{"x":61,"y":333,"width":114,"height":11}},{"id":"9c644546-bcc9-42a6-9162-e78b8bb233a1","block_type":"box","text":"Annual Fund Operating Expenses","page_number":2,"box":{"x":69,"y":369,"width":222,"height":10}},{"id":"4cf66b88-5220-4323-8943-21a2ea4b1542","block_type":"box","text":"(expenses that you pay each year as a","page_number":2,"box":{"x":69,"y":381,"width":261,"height":10}},{"id":"9d380d72-fa74-497f-9b54-73ea8c5233eb","block_type":"box","text":"percentage of the value of your investment)","page_number":2,"box":{"x":70,"y":392,"width":294,"height":10}},{"id":"40ad13ec-9785-4c49-a031-a6756923d4c0","block_type":"box","text":"Class K","page_number":2,"box":{"x":873,"y":381,"width":51,"height":8}},{"id":"8d6dbfc2-bc22-4464-94e8-805f556c1d76","block_type":"box","text":"Shares","page_number":2,"box":{"x":875,"y":392,"width":46,"height":8}},{"id":"59f7f391-9639-4cd9-b738-89bf17bb917c","block_type":"box","text":"Management Fee","page_number":2,"box":{"x":70,"y":410,"width":112,"height":11}},{"id":"68a3ca9c-f29a-41a4-916f-0a8ea0a0fc16","block_type":"box","text":"1","page_number":2,"box":{"x":183,"y":410,"width":4,"height":4}},{"id":"a1352eff-cb4a-4170-a8cd-7f98246d8298","block_type":"box","text":"0.68%","page_number":2,"box":{"x":884,"y":410,"width":41,"height":8}},{"id":"3eb72298-87ef-40de-a722-c4cff86254f7","block_type":"box","text":"Distribution and/or Service (12b-1) Fees","page_number":2,"box":{"x":70,"y":428,"width":266,"height":10}},{"id":"f9e06e82-fb42-4ab8-a394-8ed799691c86","block_type":"box","text":"None","page_number":2,"box":{"x":882,"y":428,"width":33,"height":8}},{"id":"ebe40306-1eaa-40da-ac91-dabf96f5d17e","block_type":"box","text":"Other Expenses","page_number":2,"box":{"x":69,"y":446,"width":103,"height":10}},{"id":"59635646-efc2-4f80-9d8d-231656321d47","block_type":"box","text":"2","page_number":2,"box":{"x":173,"y":446,"width":4,"height":4}},{"id":"ab5c34b2-1892-49f8-b521-a7440fc7e962","block_type":"box","text":"0.08%","page_number":2,"box":{"x":884,"y":446,"width":41,"height":8}},{"id":"390ddcf3-aad7-4a1f-bde5-733ac7e49e34","block_type":"box","text":"Total Annual Fund Operating Expenses","page_number":2,"box":{"x":69,"y":464,"width":252,"height":11}},{"id":"d6dbf4ac-b8a9-40bf-a796-8859e6e84823","block_type":"box","text":"2","page_number":2,"box":{"x":322,"y":464,"width":4,"height":4}},{"id":"ec03723a-9412-46c7-8d7a-547838564e7d","block_type":"box","text":"0.76%","page_number":2,"box":{"x":884,"y":464,"width":41,"height":9}},{"id":"db23da05-c292-4e5f-8431-800d19c0e2ef","block_type":"box","text":"Fee Waivers and/or Expense Reimbursements","page_number":2,"box":{"x":70,"y":483,"width":304,"height":9}},{"id":"7afddb09-4fad-41ff-aacb-7ced51040e6d","block_type":"box","text":"1","page_number":2,"box":{"x":375,"y":482,"width":4,"height":4}},{"id":"abc7dec8-9652-4a79-a02f-33f04b17f546","block_type":"box","text":"0.00%","page_number":2,"box":{"x":884,"y":482,"width":41,"height":9}},{"id":"0d796716-9ffb-4695-ae52-6171a17fdbe5","block_type":"box","text":"Total Annual Fund Operating Expenses After Fee Waivers and/or Expense Reimbursements","page_number":2,"box":{"x":69,"y":500,"width":598,"height":11}},{"id":"3cb9955e-2fd6-49df-b903-e8dadb4a3ed8","block_type":"box","text":"1","page_number":2,"box":{"x":668,"y":500,"width":4,"height":4}},{"id":"5c2d32b7-15bc-417d-81dd-3fa347ea46d5","block_type":"box","text":"0.76%","page_number":2,"box":{"x":884,"y":500,"width":41,"height":9}},{"id":"26f59b5e-7156-441e-9814-083da5eca633","block_type":"box","text":"1","page_number":2,"box":{"x":61,"y":520,"width":3,"height":4}},{"id":"b0e53e68-e403-4542-a404-5bcb62a974e7","block_type":"box","text":"As described in the “Management of the Fund” section of the Fund’s prospectus beginning on page 28, BlackRock has contractually agreed to","page_number":2,"box":{"x":81,"y":520,"width":837,"height":9}},{"id":"1af13f64-693d-4dd9-a321-c51482f082d1","block_type":"box","text":"waive the management fee with respect to any por tion of the Fund’s assets estimated to be attributable to investments in other equity and fixed","page_number":2,"box":{"x":80,"y":530,"width":854,"height":9}},{"id":"cd4b9e4d-b1a8-4084-b8f7-58c25add03c8","block_type":"box","text":"income mutual funds and exchange-traded funds managed by BlackRock or its affiliates that have a contractual management fee, through","page_number":2,"box":{"x":81,"y":541,"width":810,"height":9}},{"id":"02520306-595a-4fcd-ad92-2378260a3f76","block_type":"box","text":"June 30, 2028. In addition, BlackRock has contractually agreed to waive its management fees by the amount of investment advisory fees the","page_number":2,"box":{"x":81,"y":551,"width":832,"height":9}},{"id":"64066dfe-715a-4818-b200-2d35736a96bd","block_type":"box","text":"Fund pays to BlackRock indirectly through its investment in money market funds managed by BlackRock or its affiliates, through June 30, 2028.","page_number":2,"box":{"x":81,"y":561,"width":847,"height":9}},{"id":"d1b819ee-5c0a-45d9-a0c5-37c8fe9eb620","block_type":"box","text":"The contractual agreements may be terminated upon 90 days’ notice by a majority of the non-interested trustees of the Trust or by a vote of a","page_number":2,"box":{"x":81,"y":571,"width":834,"height":10}},{"id":"9b6760ab-5700-48d7-830f-fb93227b6787","block_type":"box","text":"majority of the outstanding voting securities of the Fund.","page_number":2,"box":{"x":81,"y":582,"width":330,"height":9}},{"id":"725a6995-b01c-42b6-acad-5bd1f7f434e6","block_type":"box","text":"2","page_number":2,"box":{"x":61,"y":595,"width":3,"height":3}},{"id":"e9eb9ee2-7527-4dc8-b0e1-63f7fad55ca1","block_type":"box","text":"The Total Annual Fund Operating Expenses and Other Expenses do not correlate to the ratios of expenses to average net assets given in the","page_number":2,"box":{"x":81,"y":595,"width":824,"height":9}},{"id":"af3000e1-be62-47c1-b933-f926195f9cd5","block_type":"box","text":"Fund’s most recent Annual Financial Statements and Additional Information, which do not include Acquired Fund Fees and Expenses.","page_number":2,"box":{"x":81,"y":605,"width":780,"height":9}},{"id":"0a6b7f14-3b51-41e6-adf2-9c1295ac770c","block_type":"box","text":"Example:","page_number":2,"box":{"x":61,"y":623,"width":74,"height":12}},{"id":"a35fbad0-e16a-4416-8aac-dd207bfaab3c","block_type":"box","text":"This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other","page_number":2,"box":{"x":60,"y":639,"width":830,"height":12}},{"id":"d9a2a6e7-24f9-4e19-ac70-5ee9759add63","block_type":"box","text":"mutual funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then","page_number":2,"box":{"x":61,"y":653,"width":832,"height":13}},{"id":"f3d05cfb-9d3b-4a6e-bf1a-bb2f79702bb4","block_type":"box","text":"redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5%","page_number":2,"box":{"x":61,"y":669,"width":832,"height":11}},{"id":"4755db75-0ca8-48ea-a3a3-a818d2d805aa","block_type":"box","text":"return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher","page_number":2,"box":{"x":61,"y":684,"width":859,"height":11}},{"id":"4bf69979-b489-4e69-b0e3-b5edcacc986d","block_type":"box","text":"or lower, based on these assumptions your costs would be:","page_number":2,"box":{"x":61,"y":699,"width":436,"height":11}},{"id":"0c7fbf4d-26ec-4a1f-b18a-5109b9253a4a","block_type":"box","text":"1 Year 3 Years 5 Years 10 Years","page_number":2,"box":{"x":631,"y":727,"width":292,"height":9}},{"id":"95fad486-a0aa-4ed8-879e-931c469ead55","block_type":"box","text":"Class K Shares $78 $243 $422 $942","page_number":2,"box":{"x":69,"y":745,"width":842,"height":9}},{"id":"b618a9e2-ed14-4cb4-a988-1a01d33306d8","block_type":"box","text":"Portfolio Turnover:","page_number":2,"box":{"x":61,"y":770,"width":151,"height":10}},{"id":"3c502201-eac6-4c09-a67e-8c193077bf8d","block_type":"box","text":"The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its","page_number":2,"box":{"x":60,"y":787,"width":800,"height":11}},{"id":"34697750-facc-4b59-82ae-5351b6599874","block_type":"box","text":"por tfolio). A higher por tfolio turnover rate may indicate higher transaction costs and may result in higher taxes when","page_number":2,"box":{"x":62,"y":801,"width":850,"height":12}},{"id":"b386934a-e700-4853-8705-6dbd531f9344","block_type":"box","text":"shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the","page_number":2,"box":{"x":61,"y":816,"width":870,"height":11}},{"id":"e844afac-e9bf-47ac-acce-d5c428222452","block_type":"box","text":"Example, affect the Fund’s per formance. During the most recent fiscal year, the Fund’s por tfolio turnover rate was","page_number":2,"box":{"x":62,"y":831,"width":839,"height":11}},{"id":"f3f8d9fb-d38b-405d-ac3c-f147e291fd41","block_type":"box","text":"49% of the average value of its por tfolio.","page_number":2,"box":{"x":61,"y":846,"width":298,"height":11}},{"id":"9e967019-fe50-4d13-95f5-62fc2df86a89","block_type":"box","text":"2","page_number":2,"box":{"x":61,"y":947,"width":9,"height":9}},{"id":"4c2ea39d-eeef-42d2-8507-49fb855366b9","block_type":"box","text":"NM1026U-5978657-2/8","page_number":2,"box":{"x":757,"y":969,"width":131,"height":7}},{"id":"57cf602f-54c5-45da-8dd0-a690aea60db8","block_type":"box","text":"Principal Investment Strategies of the Fund","page_number":3,"box":{"x":61,"y":43,"width":394,"height":13}},{"id":"cca44633-c5eb-4bb5-b22d-ca77b8a52a0e","block_type":"box","text":"Under normal market conditions, the Fund invests at least 80% of its total assets in equity securities, primarily","page_number":3,"box":{"x":62,"y":69,"width":814,"height":11}},{"id":"e751975d-59ed-4655-9239-48cef62d704d","block_type":"box","text":"common stock, of companies in health sciences and related industries. Investments in derivatives are counted toward","page_number":3,"box":{"x":61,"y":84,"width":869,"height":11}},{"id":"b2b250b8-8642-4cec-b227-57173ad02cf5","block_type":"box","text":"the Fund’s 80% policy to the extent that they provide investment exposure to the securities included within that policy","page_number":3,"box":{"x":60,"y":99,"width":865,"height":11}},{"id":"2b7fdd6f-a35e-415d-9351-5b6d46387877","block_type":"box","text":"or to one or more market risk factors associated with such securities. The health sciences sector can include","page_number":3,"box":{"x":61,"y":113,"width":803,"height":10}},{"id":"f144383c-448c-4509-902b-140e22185e6c","block_type":"box","text":"companies in health care equipment and supplies, health care providers and services, biotechnology, and","page_number":3,"box":{"x":61,"y":128,"width":777,"height":12}},{"id":"4c03d8b8-41e1-495a-9c6a-9899dbfe4e1e","block_type":"box","text":"pharmaceuticals. Health sciences and related industries can include, but are not limited to, businesses involved in the","page_number":3,"box":{"x":62,"y":143,"width":872,"height":11}},{"id":"0427145f-3fcf-432e-acf6-145257cafc76","block_type":"box","text":"development, production, and distribution or delivery of medical and pharmaceutical products and services,","page_number":3,"box":{"x":61,"y":158,"width":790,"height":11}},{"id":"77e9431f-5bbd-41e4-a359-1640302dec4b","block_type":"box","text":"companies engaged in biotechnology and medical research and development, companies that may design,","page_number":3,"box":{"x":61,"y":173,"width":781,"height":11}},{"id":"7f64d5c3-2111-447d-ac6d-79a7e4fcf68e","block_type":"box","text":"manufacture or distribute medical, dental and optical equipment and supplies, including diagnostic equipment, and","page_number":3,"box":{"x":61,"y":187,"width":845,"height":12}},{"id":"a7cf1671-a7b2-4810-9922-e8541d765b39","block_type":"box","text":"companies that may also provide diagnostic services or operate health facilities and hospitals, or provide related","page_number":3,"box":{"x":61,"y":202,"width":830,"height":12}},{"id":"49541d13-a968-447b-893d-8001ce637a87","block_type":"box","text":"administrative, management and financial suppor t. The Fund will concentrate its investments (","page_number":3,"box":{"x":61,"y":217,"width":694,"height":12}},{"id":"f328dd91-04ad-410c-b236-36f81ce63221","block_type":"box","text":"i.e.,","page_number":3,"box":{"x":757,"y":217,"width":26,"height":11}},{"id":"9f8de549-6695-496d-8c00-9934c182a647","block_type":"box","text":"invest more than","page_number":3,"box":{"x":790,"y":217,"width":121,"height":9}},{"id":"e66fba7b-5cda-4927-b6e3-53922d15b32e","block_type":"box","text":"25% of its assets) in health sciences or related industries, and may invest in companies located in non-U.S. countries.","page_number":3,"box":{"x":61,"y":232,"width":870,"height":11}},{"id":"814796c9-cd76-43fc-bb8c-3ca56e478a09","block_type":"box","text":"The Fund reserves the right to invest up to 20% of its total assets in other types of securities. These may include","page_number":3,"box":{"x":60,"y":254,"width":833,"height":12}},{"id":"17d07156-8bcf-4ced-ae53-20a2ee3134c2","block_type":"box","text":"stocks of companies not associated with health sciences.","page_number":3,"box":{"x":61,"y":269,"width":424,"height":12}},{"id":"d845996f-5bab-4425-a186-f6de8e7bfe61","block_type":"box","text":"Principal Risks of Investing in the Fund","page_number":3,"box":{"x":61,"y":308,"width":354,"height":14}},{"id":"3c9b80cd-35bb-4b23-91b2-aeb88065d51f","block_type":"box","text":"Risk is inherent in all investing. The value of your investment in the Fund, as well as the amount of return you receive","page_number":3,"box":{"x":62,"y":334,"width":860,"height":12}},{"id":"1745f9b1-9d56-4b53-9e73-1d6d1783bd92","block_type":"box","text":"on your investment, may fluctuate significantly from day to day and over time. You may lose par t or all of your","page_number":3,"box":{"x":61,"y":349,"width":802,"height":12}},{"id":"68b66117-4ff7-4203-a43e-596aa0acb27c","block_type":"box","text":"investment in the Fund or your investment may not per form as well as other similar investments. An investment in the","page_number":3,"box":{"x":62,"y":364,"width":866,"height":11}},{"id":"0556140e-9865-4955-abb1-d2101e054fc5","block_type":"box","text":"Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other","page_number":3,"box":{"x":62,"y":379,"width":869,"height":11}},{"id":"1fcf1746-4710-4979-870d-d9ef1602e957","block_type":"box","text":"government agency. The following is a summary description of principal risks of investing in the Fund. The relative","page_number":3,"box":{"x":60,"y":394,"width":835,"height":11}},{"id":"0634e7b5-c149-4e9e-9b18-f8e4c8e24283","block_type":"box","text":"significance of each risk factor below may change over time and you should review each risk factor carefully.","page_number":3,"box":{"x":61,"y":409,"width":793,"height":11}},{"id":"5dc88824-36e3-4460-a204-831b8c2a3a42","block_type":"box","text":"Equity Securities Risk","page_number":3,"box":{"x":81,"y":429,"width":166,"height":11}},{"id":"dbe3072c-e506-493a-a5ef-75b1b179a6fc","block_type":"box","text":"— Stock markets are volatile. The price of equity securities fluctuates based on changes in a","page_number":3,"box":{"x":251,"y":428,"width":685,"height":12}},{"id":"f250164a-dee2-404a-b371-41d3c8a23ee1","block_type":"box","text":"company’s financial condition and overall market and economic conditions.","page_number":3,"box":{"x":81,"y":443,"width":550,"height":12}},{"id":"003a483a-9120-4189-96f1-3de7e552828c","block_type":"box","text":"Healthcare-Related Securities Risk","page_number":3,"box":{"x":81,"y":463,"width":264,"height":10}},{"id":"e3f08bc2-e84e-4055-96a0-486b68a21ceb","block_type":"box","text":"—","page_number":3,"box":{"x":350,"y":469,"width":17,"height":1}},{"id":"667c9c31-0d46-42fd-9716-162304a00d3c","block_type":"box","text":"Healthcare companies are strongly affected by worldwide scientific or","page_number":3,"box":{"x":372,"y":463,"width":509,"height":12}},{"id":"71e71a1c-99b7-408c-af34-e147c90a9b23","block_type":"box","text":"technological developments. Their products may rapidly become obsolete. Many healthcare companies are also","page_number":3,"box":{"x":80,"y":478,"width":820,"height":12}},{"id":"95390259-0c4f-4e6b-a626-b5287bc0dce9","block_type":"box","text":"subject to significant government regulation and may be affected by changes in governmental policies.","page_number":3,"box":{"x":81,"y":493,"width":752,"height":12}},{"id":"3c42a745-847e-4366-938d-490936d1835e","block_type":"box","text":"Concentration Risk","page_number":3,"box":{"x":81,"y":513,"width":145,"height":9}},{"id":"edca3494-ce3b-4ad6-9e37-8303cf188d7d","block_type":"box","text":"—","page_number":3,"box":{"x":231,"y":518,"width":17,"height":1}},{"id":"51af635b-41fe-420c-af42-288def7499c2","block_type":"box","text":"The Fund’s strategy of concentrating in health sciences and related companies means that","page_number":3,"box":{"x":252,"y":513,"width":668,"height":12}},{"id":"e46d35ab-3fb6-4a97-8ea9-f7fe85359518","block_type":"box","text":"its per formance will be closely tied to the per formance of a par ticular market segment. The Fund’s concentration in","page_number":3,"box":{"x":82,"y":528,"width":848,"height":11}},{"id":"06fe861d-5230-4d46-ad36-11608fbb94d4","block_type":"box","text":"these companies may present more risks than if it were broadly diversified over numerous industries and sectors of","page_number":3,"box":{"x":80,"y":543,"width":853,"height":11}},{"id":"f0d61886-f756-4bb6-8250-7c9facbe1575","block_type":"box","text":"the economy. A downturn in these companies would have a larger impact on the Fund than on a mutual fund that","page_number":3,"box":{"x":80,"y":557,"width":831,"height":12}},{"id":"3ffcaafb-6eb5-4fa4-b6b3-c52e415374e2","block_type":"box","text":"does not concentrate in such companies. At times, the per formance of these companies will lag the per formance of","page_number":3,"box":{"x":81,"y":572,"width":855,"height":12}},{"id":"ff2d7865-366a-49dd-a520-2d3b9bfd8458","block_type":"box","text":"other industries or the broader market as a whole.","page_number":3,"box":{"x":81,"y":587,"width":368,"height":9}},{"id":"46cc5c8e-6e11-431d-88f0-0112a2c9c396","block_type":"box","text":"Foreign Securities Risk","page_number":3,"box":{"x":81,"y":607,"width":176,"height":11}},{"id":"e17752c4-77df-4210-b7c8-7c78b70c723a","block_type":"box","text":"— Foreign investments often involve special risks not present in U.S. investments that can","page_number":3,"box":{"x":260,"y":607,"width":668,"height":12}},{"id":"c92d50f6-ebba-4e1f-b228-badc6d85a825","block_type":"box","text":"increase the chances that the Fund will lose money. These risks include:","page_number":3,"box":{"x":82,"y":622,"width":531,"height":11}},{"id":"0754a973-dbcb-4168-a640-af627a58ef49","block_type":"box","text":"The Fund generally holds its foreign securities and cash in foreign banks and securities depositories, which may","page_number":3,"box":{"x":101,"y":642,"width":823,"height":11}},{"id":"844c0e48-b582-4538-bc70-7a40cf56e996","block_type":"box","text":"be recently organized or new to the foreign custody business and may be subject to only limited or no regulatory","page_number":3,"box":{"x":102,"y":657,"width":823,"height":11}},{"id":"fa53d9f6-9b86-4751-9f65-b12fffc3981e","block_type":"box","text":"oversight.","page_number":3,"box":{"x":101,"y":672,"width":70,"height":11}},{"id":"20839f94-2886-4b3c-84bf-1a2606206456","block_type":"box","text":"Changes in foreign currency exchange rates can affect the value of the Fund’s por tfolio.","page_number":3,"box":{"x":101,"y":691,"width":644,"height":12}},{"id":"f02d8a46-0b9c-4967-b192-fc27c86420ab","block_type":"box","text":"The economies of cer tain foreign markets may not compare favorably with the economy of the United States with","page_number":3,"box":{"x":101,"y":711,"width":830,"height":12}},{"id":"65dda5ea-48eb-492a-8b25-1b897c276b59","block_type":"box","text":"respect to such issues as growth of gross national product, reinvestment of capital, resources and balance of","page_number":3,"box":{"x":102,"y":726,"width":808,"height":12}},{"id":"1b576a3a-d9dd-4c17-a68b-e4aba5f050a3","block_type":"box","text":"payments position.","page_number":3,"box":{"x":102,"y":741,"width":137,"height":12}},{"id":"aff4ddd7-9fbd-4823-8e8d-9c6514b283b1","block_type":"box","text":"The governments of cer tain countries, or the U.S. Government with respect to cer tain countries, may prohibit or","page_number":3,"box":{"x":101,"y":761,"width":821,"height":12}},{"id":"a10b19a5-639b-4fe1-be41-41343c9480dc","block_type":"box","text":"impose substantial restrictions through capital controls and/or sanctions on foreign investments in the capital","page_number":3,"box":{"x":102,"y":776,"width":809,"height":12}},{"id":"5d1fa537-1b62-43a0-b342-ac50962c34e8","block_type":"box","text":"markets or cer tain industries in those countries, which may prohibit or restrict the ability to own or transfer","page_number":3,"box":{"x":102,"y":791,"width":784,"height":11}},{"id":"adba43ee-c1e3-40be-8973-456a5b74e119","block_type":"box","text":"currency, securities, derivatives or other assets.","page_number":3,"box":{"x":101,"y":806,"width":352,"height":11}},{"id":"30b96ebd-626e-47af-b37f-c46dbe0b287a","block_type":"box","text":"Many foreign governments do not supervise and regulate stock exchanges, brokers and the sale of securities to","page_number":3,"box":{"x":102,"y":826,"width":823,"height":11}},{"id":"ccb4716e-81aa-483b-8671-a941195d7701","block_type":"box","text":"the same extent as does the United States and may not have laws to protect investors that are comparable to","page_number":3,"box":{"x":101,"y":841,"width":811,"height":11}},{"id":"72b473a6-2efa-42ca-8196-db9cd31f6b2c","block_type":"box","text":"U.S. securities laws.","page_number":3,"box":{"x":102,"y":855,"width":148,"height":9}},{"id":"b8293f0c-467e-4e58-abb0-4abcef89c591","block_type":"box","text":"Settlement and clearance procedures in cer tain foreign markets may result in delays in payment for or delivery of","page_number":3,"box":{"x":101,"y":875,"width":834,"height":12}},{"id":"5d8c3b73-f8c1-437f-a9c1-413097711eac","block_type":"box","text":"securities not typically associated with settlement and clearance of U.S. investments.","page_number":3,"box":{"x":101,"y":890,"width":628,"height":11}},{"id":"41009dfe-5b88-4264-a08c-175c49fb0489","block_type":"box","text":"3","page_number":3,"box":{"x":927,"y":947,"width":9,"height":9}},{"id":"607624e2-3198-4ff7-a902-4760402b22a0","block_type":"box","text":"NM1026U-5978657-3/8","page_number":3,"box":{"x":757,"y":969,"width":131,"height":7}},{"id":"09f45106-92e0-4c13-9938-86acb9b9d93f","block_type":"box","text":"The Fund’s claims to recover foreign withholding taxes may not be successful, and if the likelihood of recovery of","page_number":4,"box":{"x":101,"y":42,"width":830,"height":11}},{"id":"b8d2e2ac-a286-4756-8122-fbc85034c47e","block_type":"box","text":"foreign withholding taxes materially decreases, due to, for example, a change in tax regulation or approach in the","page_number":4,"box":{"x":101,"y":57,"width":831,"height":11}},{"id":"19c2236b-ce43-45d4-88cf-ccf3aa237f9a","block_type":"box","text":"foreign country, accruals in the Fund’s net asset value for such refunds may be written down par tially or in full,","page_number":4,"box":{"x":101,"y":71,"width":813,"height":12}},{"id":"0bd05e23-0d32-4e87-aa2a-511128371cda","block_type":"box","text":"which will adversely affect the Fund’s net asset value.","page_number":4,"box":{"x":101,"y":86,"width":395,"height":12}},{"id":"a95361cd-71cb-4055-bbd0-a733f40ad0c5","block_type":"box","text":"Geographic Concentration Risk","page_number":4,"box":{"x":81,"y":106,"width":235,"height":12}},{"id":"748ddc28-41b1-4f04-bba4-c2a9c13165ed","block_type":"box","text":"— From time to time the Fund may invest a substantial amount of its assets in","page_number":4,"box":{"x":320,"y":106,"width":581,"height":12}},{"id":"e7d0b25a-fa64-4039-a1aa-4da24750db43","block_type":"box","text":"issuers located in a single country or a limited number of countries. If the Fund concentrates its investments in this","page_number":4,"box":{"x":82,"y":121,"width":848,"height":12}},{"id":"f83178eb-da05-4135-9488-1cef3fff3928","block_type":"box","text":"manner, it assumes the risk that economic, political and social conditions in those countries will have a significant","page_number":4,"box":{"x":82,"y":136,"width":841,"height":11}},{"id":"f4d1df2b-2cd2-44d4-a881-18d5515b732a","block_type":"box","text":"impact on its investment per formance. The Fund’s investment per formance may also be more volatile if it","page_number":4,"box":{"x":82,"y":151,"width":777,"height":11}},{"id":"704e4b5a-764e-4ea5-9d83-53d8c9013599","block_type":"box","text":"concentrates its investments in cer tain countries, especially emerging market countries.","page_number":4,"box":{"x":81,"y":166,"width":648,"height":11}},{"id":"80fbe188-5b84-4107-b3e3-4e02c6836118","block_type":"box","text":"Investment Style Risk","page_number":4,"box":{"x":81,"y":186,"width":166,"height":11}},{"id":"43df4ce3-31a0-49f9-849b-52543a8f0c51","block_type":"box","text":"—","page_number":4,"box":{"x":252,"y":191,"width":17,"height":1}},{"id":"1d17849e-550b-496a-ae59-24b7cfe078f0","block_type":"box","text":"Under cer tain market conditions, growth investments have per formed better during the","page_number":4,"box":{"x":274,"y":185,"width":637,"height":12}},{"id":"c80f06e7-b28d-496d-a4e8-68f4e73a6053","block_type":"box","text":"later stages of economic expansion. Therefore, this investment style may over time go in and out of favor. At times","page_number":4,"box":{"x":82,"y":200,"width":842,"height":12}},{"id":"d6d1dad1-cbb1-48ca-97b9-f1ee46de746e","block_type":"box","text":"when the investment style used by the Fund is out of favor, the Fund may underper form other equity funds that use","page_number":4,"box":{"x":80,"y":215,"width":847,"height":12}},{"id":"3cbf6e6a-b1b6-4990-a170-156c6d5c33b3","block_type":"box","text":"different investment styles.","page_number":4,"box":{"x":81,"y":230,"width":200,"height":11}},{"id":"108fd663-6bc8-40d8-809d-2b314e2dc637","block_type":"box","text":"Market Risk and Selection Risk","page_number":4,"box":{"x":81,"y":250,"width":240,"height":9}},{"id":"a0d618eb-ecab-4fc7-942b-227e33121820","block_type":"box","text":"— Market risk is the risk that one or more markets in which the Fund invests will","page_number":4,"box":{"x":324,"y":250,"width":593,"height":9}},{"id":"6d38888d-c9e1-4ed8-b67f-c8fe37ce8900","block_type":"box","text":"go down in value, including the possibility that the markets will go down sharply and unpredictably. An investor could","page_number":4,"box":{"x":81,"y":265,"width":851,"height":11}},{"id":"c2cb90c8-9795-4357-ad5b-7a10fe47397c","block_type":"box","text":"lose money over shor t periods due to fluctuation in the Fund’s net asset value in response to shor t-term market","page_number":4,"box":{"x":82,"y":280,"width":824,"height":11}},{"id":"ea825635-9d8d-42b1-87ad-f04239c6ddc8","block_type":"box","text":"movements and over longer periods during market downturns. Securities or other investments held by the Fund may","page_number":4,"box":{"x":82,"y":295,"width":851,"height":11}},{"id":"1f09efd3-7816-49d6-9c29-68aea93cdcbc","block_type":"box","text":"underper form the markets, the relevant indices or benchmarks, or the securities selected by other funds with","page_number":4,"box":{"x":82,"y":309,"width":802,"height":12}},{"id":"451660b5-bba1-4348-b47b-71926094c94c","block_type":"box","text":"similar investment objectives and investment strategies, or may otherwise fail to per form as intended. The value of","page_number":4,"box":{"x":81,"y":324,"width":849,"height":12}},{"id":"34865777-7551-4847-94f1-a37e1db7ff34","block_type":"box","text":"a security or other asset may decline due to changes in general market conditions, economic trends or events that","page_number":4,"box":{"x":81,"y":339,"width":843,"height":11}},{"id":"5eb9e9df-845d-4314-8e9e-242fbb29d3f0","block_type":"box","text":"are not specifically related to the issuer of the security or other asset, or factors that affect a par ticular issuer or","page_number":4,"box":{"x":81,"y":354,"width":830,"height":11}},{"id":"691ea910-029f-4476-ba8c-0815f0263582","block_type":"box","text":"issuers, exchange, country, group of countries, region, market, industry, group of industries, sector or asset class.","page_number":4,"box":{"x":82,"y":369,"width":840,"height":11}},{"id":"02ae4516-329d-41a3-ae5d-f44d59e05ab9","block_type":"box","text":"The success of the Fund’s activities could be affected by interest rates, availability of credit, inflation rates,","page_number":4,"box":{"x":81,"y":383,"width":789,"height":12}},{"id":"090f32be-ac00-4b0d-9b4c-84b31af57658","block_type":"box","text":"economic uncer tainty, changes in laws, tariffs and trade barriers, supply chain disruptions, economic sanctions,","page_number":4,"box":{"x":81,"y":398,"width":823,"height":12}},{"id":"d7fbfcb1-f336-45e9-bd48-699c1da57a19","block_type":"box","text":"currency exchange controls, and local, regional or global events such as war, acts of terrorism, natural and","page_number":4,"box":{"x":81,"y":413,"width":784,"height":12}},{"id":"ac0f878e-db6d-4ffe-9369-699a3826f0cf","block_type":"box","text":"environmental disasters, the spread of infectious illness or other public health issues, recessions, or other events.","page_number":4,"box":{"x":81,"y":428,"width":844,"height":11}},{"id":"42994cfc-538f-4d99-b701-e227d3ce5675","block_type":"box","text":"Recent policy initiatives under taken by the U.S. government have the potential to impact international relations,","page_number":4,"box":{"x":82,"y":448,"width":818,"height":11}},{"id":"c3a672b8-2553-4c17-89e9-87deb395cbb3","block_type":"box","text":"trade agreements and the overall regulatory environment in ways that could create uncer tainty and instability in","page_number":4,"box":{"x":80,"y":463,"width":819,"height":11}},{"id":"6015820a-963e-41a5-8dcc-765fcd80cb26","block_type":"box","text":"domestic and global markets, and could adversely affect the investment per formance of the Fund. In par ticular,","page_number":4,"box":{"x":81,"y":477,"width":819,"height":12}},{"id":"ce5b38ef-c8d4-41ba-aae6-3dc5f24c75b2","block_type":"box","text":"actions taken by the U.S. government in respect of international trade relations could lead to trade wars, increased","page_number":4,"box":{"x":81,"y":492,"width":846,"height":12}},{"id":"740eb81f-b48a-4094-8ae7-e3d2dfe15461","block_type":"box","text":"costs for impor ted goods, disruptions in supply chains, reduced foreign investment, and instability in regions where","page_number":4,"box":{"x":81,"y":507,"width":848,"height":12}},{"id":"6e306ddc-c75f-4254-b1c2-47f12841f47e","block_type":"box","text":"the Fund invests.","page_number":4,"box":{"x":80,"y":522,"width":125,"height":9}},{"id":"52ddeeee-ed20-4858-9a9d-78b4ab75008e","block_type":"box","text":"Mid Cap Securities Risk","page_number":4,"box":{"x":81,"y":542,"width":182,"height":11}},{"id":"7ad7bc6d-45a2-44de-a48e-404e82856695","block_type":"box","text":"— The securities of mid cap companies generally trade in lower volumes and are generally","page_number":4,"box":{"x":267,"y":542,"width":665,"height":12}},{"id":"78a20e5a-69b9-4b60-ac6c-42da56a12bd3","block_type":"box","text":"subject to greater and less predictable price changes than the securities of larger capitalization companies.","page_number":4,"box":{"x":81,"y":557,"width":789,"height":11}},{"id":"95c70d7d-00e0-4714-8493-59db8eb28e80","block_type":"box","text":"Operational and Technology Risks","page_number":4,"box":{"x":82,"y":577,"width":254,"height":11}},{"id":"b7b208cf-65a8-4a8c-953d-2f297d4450eb","block_type":"box","text":"— The Fund is directly and indirectly susceptible to operational and technology","page_number":4,"box":{"x":340,"y":577,"width":578,"height":11}},{"id":"90ac6188-6ec0-4e64-9fff-0b88a837402f","block_type":"box","text":"risks, including those related to human errors, processing errors, communication errors, systems failures,","page_number":4,"box":{"x":82,"y":592,"width":779,"height":11}},{"id":"546a6c97-f2d6-451e-ab97-09a9fe1b0d07","block_type":"box","text":"cybersecurity incidents, and the use of ar tificial intelligence and machine learning (“AI”), which may result in losses","page_number":4,"box":{"x":81,"y":606,"width":848,"height":12}},{"id":"f8920551-561e-4157-86cb-b9c774146a30","block_type":"box","text":"for the Fund and its shareholders or may impair the Fund’s operations. While the Fund’s service providers are","page_number":4,"box":{"x":81,"y":621,"width":806,"height":12}},{"id":"9c16a2bf-5a86-4c46-8baa-3ad0b503ec36","block_type":"box","text":"required to have appropriate operational, information security and cybersecurity risk management policies and","page_number":4,"box":{"x":82,"y":636,"width":807,"height":12}},{"id":"922f864d-6590-4596-ac06-6d196e39c67b","block_type":"box","text":"procedures, their methods of risk management may differ from those of the Fund. Operational and technology risks","page_number":4,"box":{"x":82,"y":651,"width":846,"height":11}},{"id":"53083026-251f-41d6-ad38-8ef6ccd225b8","block_type":"box","text":"for the issuers in which the Fund invests could also result in material adverse consequences for such issuers and","page_number":4,"box":{"x":81,"y":666,"width":836,"height":11}},{"id":"c04b5156-f5a6-4750-9c7d-586e12f723f5","block_type":"box","text":"may cause the Fund’s investments in such issuers to lose value.","page_number":4,"box":{"x":82,"y":681,"width":474,"height":11}},{"id":"dec909b0-9478-4fb6-b58d-115268897f31","block_type":"box","text":"Risk of Investing in the United States","page_number":4,"box":{"x":81,"y":701,"width":283,"height":11}},{"id":"b4b79d9d-a3e0-45e7-9514-4df704ba621d","block_type":"box","text":"— Cer tain changes in the U.S. economy, such as when the U.S. economy","page_number":4,"box":{"x":368,"y":701,"width":541,"height":11}},{"id":"6be1c373-b563-41f7-ae11-a922cd5c7637","block_type":"box","text":"weakens or when its financial markets decline, may have an adverse effect on the securities to which the Fund has","page_number":4,"box":{"x":80,"y":715,"width":847,"height":12}},{"id":"582f98cb-6d71-45c7-be37-a17e0354c86f","block_type":"box","text":"exposure.","page_number":4,"box":{"x":81,"y":733,"width":70,"height":8}},{"id":"5449d165-35a1-4292-8dde-b1c4f95e304e","block_type":"box","text":"Small Cap Securities Risk","page_number":4,"box":{"x":81,"y":750,"width":196,"height":11}},{"id":"b81abefa-53d1-481a-a1ba-7d6b3a0d6fa9","block_type":"box","text":"—","page_number":4,"box":{"x":281,"y":756,"width":17,"height":0}},{"id":"8c3629c7-3acc-4ea5-844e-57431d6702c7","block_type":"box","text":"Small cap companies may have limited product lines or markets. They may be less","page_number":4,"box":{"x":303,"y":750,"width":607,"height":12}},{"id":"627e0c0d-ae1f-4c2a-bfab-2f8e37dc4ac4","block_type":"box","text":"financially secure than larger, more established companies. They may depend on a more limited management group","page_number":4,"box":{"x":81,"y":765,"width":852,"height":12}},{"id":"9bc8971a-b86e-41a4-b8a9-b5e1a1cbef70","block_type":"box","text":"than larger capitalized companies.","page_number":4,"box":{"x":80,"y":780,"width":251,"height":11}},{"id":"b9c37b75-34b8-40b7-acd8-4f241b1aba7a","block_type":"box","text":"Performance Information","page_number":4,"box":{"x":61,"y":819,"width":224,"height":11}},{"id":"87762c66-a3eb-479f-a619-9c2c39d2a46d","block_type":"box","text":"The information shows you how the Fund’s per formance has varied year by year and provides some indication of the","page_number":4,"box":{"x":60,"y":845,"width":855,"height":11}},{"id":"5bb8ca9b-855d-4136-a938-1aaa98749dfd","block_type":"box","text":"risks of investing in the Fund. Class K Shares commenced operations on June 8, 2016. As a result, the returns in the","page_number":4,"box":{"x":61,"y":860,"width":866,"height":11}},{"id":"ea9dd010-86fb-47e2-91b2-4a7e5e10eaf8","block_type":"box","text":"char t and table shown below for Class K Shares prior to June 8, 2016 are those of the Fund’s Investor A Shares,","page_number":4,"box":{"x":61,"y":875,"width":831,"height":11}},{"id":"3c6a1d1f-b7bc-4789-8772-d15cb20c835a","block_type":"box","text":"which are not offered in this prospectus, excluding any Investor A Shares front-end sales charges, which are not","page_number":4,"box":{"x":60,"y":889,"width":825,"height":12}},{"id":"f2be2c86-397c-449e-98a8-12be06c6dd82","block_type":"box","text":"applicable to Class K Shares. The per formance of Class K Shares would be substantially similar to Investor A Shares","page_number":4,"box":{"x":61,"y":904,"width":861,"height":12}},{"id":"ae5cb5f6-250b-40ba-a623-d3ef9d9df866","block_type":"box","text":"4","page_number":4,"box":{"x":61,"y":947,"width":9,"height":9}},{"id":"34ba3ca3-43a9-42bd-b86c-6e9ef6713ea9","block_type":"box","text":"NM1026U-5978657-4/8","page_number":4,"box":{"x":757,"y":969,"width":131,"height":7}},{"id":"5f053a5d-3ba4-40f2-a3c0-260391b537f8","block_type":"box","text":"because Class K Shares and Investor A Shares are invested in the same por tfolio of securities and per formance","page_number":5,"box":{"x":61,"y":42,"width":828,"height":11}},{"id":"8d3e64a4-68e4-4eb3-be8a-35021299cea5","block_type":"box","text":"would differ only to the extent that Class K Shares and Investor A Shares have different expenses. The actual returns","page_number":5,"box":{"x":60,"y":57,"width":865,"height":11}},{"id":"89e2feb7-f009-4cdc-ba37-85dda3d9a6c4","block_type":"box","text":"of Class K Shares would have been higher than those of Investor A Shares because Class K Shares have lower","page_number":5,"box":{"x":61,"y":71,"width":817,"height":12}},{"id":"26144400-2d1c-433a-9005-ee1adba5c859","block_type":"box","text":"expenses than Investor A Shares. The table compares the Fund’s per formance to that of the Russell 3000 Index and","page_number":5,"box":{"x":61,"y":86,"width":860,"height":11}},{"id":"d06619c9-1432-4e33-ba6d-e8f661e4f74a","block_type":"box","text":"the Russell 3000 Health Care Index. The Russell 3000 Health Care Index is relevant to the Fund because it has","page_number":5,"box":{"x":60,"y":101,"width":824,"height":9}},{"id":"ac87bdb4-a090-4cce-97eb-1f858801d2af","block_type":"box","text":"characteristics similar to the Fund’s investment strategy. To the extent that dividends and distributions have been paid","page_number":5,"box":{"x":61,"y":116,"width":870,"height":11}},{"id":"1f74093e-f4c1-4683-9003-2018ee04afd9","block_type":"box","text":"by the Fund, the per formance information for the Fund in the char t and table assumes reinvestment of the dividends","page_number":5,"box":{"x":61,"y":131,"width":857,"height":11}},{"id":"ac85a096-9509-473b-95c4-b26e25ebcf26","block_type":"box","text":"and distributions. As with all such investments, past per formance (before and after taxes) is not an indication of future","page_number":5,"box":{"x":61,"y":146,"width":874,"height":11}},{"id":"9166b072-e6a9-4389-bfc1-3add50683ddc","block_type":"box","text":"results. The table includes all applicable fees. If the Fund’s investment manager and its affiliates had not waived or","page_number":5,"box":{"x":61,"y":160,"width":850,"height":12}},{"id":"feb8fbfe-9819-4a16-b2b5-bddb4eb642a5","block_type":"box","text":"reimbursed cer tain Fund expenses during these periods, the Fund’s returns would have been lower. Updated","page_number":5,"box":{"x":61,"y":175,"width":797,"height":12}},{"id":"eb64bae1-7832-4823-99d3-aaeb640a3a8b","block_type":"box","text":"information on the Fund’s per formance, including its current net asset value, can be obtained by visiting","page_number":5,"box":{"x":62,"y":190,"width":766,"height":12}},{"id":"a547f3de-96cb-457d-91f1-3de53f6b5693","block_type":"box","text":"www.blackrock.com or can be obtained by phone at (800) 882-0052.","page_number":5,"box":{"x":60,"y":205,"width":505,"height":11}},{"id":"24a25403-3f68-484d-8cfc-87e676588bd1","block_type":"box","text":"Class K Shares","page_number":5,"box":{"x":437,"y":228,"width":124,"height":10}},{"id":"b1c631a8-001f-455b-906a-70905d6cb671","block_type":"box","text":"ANNUAL TOTAL RETURNS","page_number":5,"box":{"x":392,"y":244,"width":212,"height":10}},{"id":"8c0461c0-e96f-4c10-b496-a0e85139997d","block_type":"box","text":"BlackRock Health Sciences Opportunities Portfolio","page_number":5,"box":{"x":288,"y":260,"width":422,"height":12}},{"id":"352ab979-5a6d-4397-b1a3-9113f8aabcbc","block_type":"box","text":"As of 12/31","page_number":5,"box":{"x":447,"y":276,"width":103,"height":13}},{"id":"da4c4cfc-3554-47f8-8dd3-983ce4b1fe23","block_type":"box","text":"-5.85%","page_number":5,"box":{"x":293,"y":446,"width":40,"height":8}},{"id":"43641cdd-a40c-47cf-b659-a52e9f6ce24a","block_type":"box","text":"25.30%","page_number":5,"box":{"x":339,"y":310,"width":45,"height":7}},{"id":"d057edd0-0841-41ac-8787-ab5180ea0c94","block_type":"box","text":"8.39%","page_number":5,"box":{"x":391,"y":376,"width":37,"height":7}},{"id":"b2051b27-d3a9-44aa-9f90-85300a13762c","block_type":"box","text":"25.73%","page_number":5,"box":{"x":436,"y":308,"width":45,"height":8}},{"id":"ca94b7fe-ffe3-4c70-8e1a-41615cb4df94","block_type":"box","text":"19.91%","page_number":5,"box":{"x":484,"y":331,"width":45,"height":7}},{"id":"c3b30a18-477d-453f-88a9-e1f184b6bd6c","block_type":"box","text":"12.20%","page_number":5,"box":{"x":532,"y":361,"width":45,"height":7}},{"id":"47ed93b9-5340-4222-8c7c-1f0d14c438b2","block_type":"box","text":"-5.60%","page_number":5,"box":{"x":582,"y":445,"width":40,"height":8}},{"id":"6ef161f5-dfd5-4898-bdd2-aa70a8ab5aad","block_type":"box","text":"3.93%","page_number":5,"box":{"x":632,"y":393,"width":37,"height":7}},{"id":"016d960f-7dc0-491e-b586-2257e7725333","block_type":"box","text":"4.22%","page_number":5,"box":{"x":680,"y":392,"width":37,"height":7}},{"id":"dcd11999-c9b7-446f-8075-e9ecef935e99","block_type":"box","text":"16.38%","page_number":5,"box":{"x":725,"y":345,"width":45,"height":7}},{"id":"42aa6830-19d1-4efa-80f9-e520974eb688","block_type":"box","text":"-10%","page_number":5,"box":{"x":237,"y":455,"width":28,"height":7}},{"id":"7493ffa4-965a-4430-aa9f-d6f4299e248f","block_type":"box","text":"0%","page_number":5,"box":{"x":248,"y":416,"width":17,"height":7}},{"id":"28ed6499-de80-4ed7-80ca-dd83d36b1628","block_type":"box","text":"10%","page_number":5,"box":{"x":241,"y":377,"width":24,"height":7}},{"id":"c583f30d-3d6b-49be-8fd8-45a4387968ac","block_type":"box","text":"20%","page_number":5,"box":{"x":240,"y":338,"width":25,"height":8}},{"id":"660aaa25-f3b9-43ce-9cc1-f0fcf385c0e1","block_type":"box","text":"30%","page_number":5,"box":{"x":240,"y":299,"width":25,"height":8}},{"id":"1160f959-96eb-4717-85a5-2dfd5829e385","block_type":"box","text":"2016 2017 2018 2019 2020 2021 2022 2023 2024 2025","page_number":5,"box":{"x":298,"y":465,"width":465,"height":7}},{"id":"37600896-e07f-4b9a-a029-8d3a6a0047c2","block_type":"box","text":"During the ten-year period shown in the bar char t, the highest return for a quar ter was 17.57% (quar ter ended","page_number":5,"box":{"x":62,"y":485,"width":806,"height":12}},{"id":"43416847-f251-41fd-b735-ae5f8586f206","block_type":"box","text":"June 30, 2020) and the lowest return for a quar ter was -11.45% (quar ter ended March 31, 2020). The year-to-date","page_number":5,"box":{"x":61,"y":500,"width":845,"height":11}},{"id":"516053c0-a2ed-4458-a63e-9180c8e38bf7","block_type":"box","text":"return as of June 30, 2026 was 4.60%.","page_number":5,"box":{"x":61,"y":515,"width":289,"height":11}},{"id":"5c7377bc-07d5-4ac0-bd20-f0c8973fd1d8","block_type":"box","text":"For the periods ended 12/31/25","page_number":5,"box":{"x":70,"y":544,"width":223,"height":10}},{"id":"1a828b5e-d6cc-485a-9c2b-e79b86667a13","block_type":"box","text":"Average Annual Total Returns 1 Year 5 Years 10 Years","page_number":5,"box":{"x":69,"y":555,"width":854,"height":10}},{"id":"0ee7b501-9924-4701-a09c-5c8ea4e4f3e2","block_type":"box","text":"BlackRock Health Sciences Oppor tunities Por tfolio — Class K Shares","page_number":5,"box":{"x":70,"y":573,"width":459,"height":10}},{"id":"dd3c444e-1965-4347-8df1-be2e39cdf5c9","block_type":"box","text":"Return Before Taxes 16.38% 5.95% 9.92%","page_number":5,"box":{"x":85,"y":586,"width":840,"height":8}},{"id":"233c52f9-d8ea-4f6e-9ce8-b283be2d3c9f","block_type":"box","text":"Return After Taxes on Distributions 13.55% 4.02% 8.34%","page_number":5,"box":{"x":85,"y":599,"width":840,"height":8}},{"id":"59dbdfef-40b0-46c8-a426-78a2492902bc","block_type":"box","text":"Return After Taxes on Distributions","page_number":5,"box":{"x":85,"y":612,"width":228,"height":8}},{"id":"69548c4b-368b-4f46-bf4d-22b440089b98","block_type":"box","text":"and Sale of Fund Shares 11.33% 4.40% 7.82%","page_number":5,"box":{"x":85,"y":623,"width":840,"height":9}},{"id":"06f449ef-28ef-4da7-bdde-a9d63ebe9c48","block_type":"box","text":"Russell 3000 Index","page_number":5,"box":{"x":70,"y":642,"width":128,"height":8}},{"id":"78585349-0086-4a0e-8706-23042bf777de","block_type":"box","text":"(Reflects no deduction for fees, expenses or taxes) 17.15% 13.15% 14.29%","page_number":5,"box":{"x":69,"y":655,"width":856,"height":10}},{"id":"53b36d92-7bf9-4e4b-bf01-2801a8294b7e","block_type":"box","text":"Russell 3000 Health Care Index","page_number":5,"box":{"x":70,"y":673,"width":210,"height":8}},{"id":"8bd7919a-6d23-45c9-902a-68853c1c1d1a","block_type":"box","text":"(Reflects no deduction for fees, expenses or taxes) 14.56% 6.31% 9.54%","page_number":5,"box":{"x":69,"y":687,"width":856,"height":10}},{"id":"605f799b-bbc9-4df3-a6fa-063699d8801b","block_type":"box","text":"After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not","page_number":5,"box":{"x":60,"y":719,"width":840,"height":11}},{"id":"ba102099-8e70-4f8e-b250-a2e7c633632f","block_type":"box","text":"reflect the impact of state and local taxes. Actual after-tax returns depend on the investor’s tax situation and may","page_number":5,"box":{"x":61,"y":733,"width":835,"height":12}},{"id":"29589c9f-080b-4f08-8e69-0bd816827fcc","block_type":"box","text":"differ from those shown, and the after-tax returns shown are not relevant to investors who hold their shares through","page_number":5,"box":{"x":61,"y":748,"width":851,"height":12}},{"id":"d2497130-9d22-4d9d-90d4-09e70b7f424c","block_type":"box","text":"tax-deferred arrangements, such as 401(k) plans or individual retirement accounts.","page_number":5,"box":{"x":60,"y":763,"width":611,"height":12}},{"id":"af819d6e-94a5-4401-b396-47187e3709ca","block_type":"box","text":"Investment Manager","page_number":5,"box":{"x":62,"y":802,"width":187,"height":14}},{"id":"25f3d064-612b-4fb2-a76e-acfe2e8a5295","block_type":"box","text":"The Fund’s investment manager is BlackRock Advisors, LLC (previously defined as “BlackRock”).","page_number":5,"box":{"x":60,"y":828,"width":709,"height":12}},{"id":"8f3ce699-b8ca-42de-ad18-3864bcc4fd46","block_type":"box","text":"5","page_number":5,"box":{"x":928,"y":947,"width":9,"height":9}},{"id":"892ed49a-7fee-47f0-8385-4287da94a38f","block_type":"box","text":"NM1026U-5978657-5/8","page_number":5,"box":{"x":757,"y":969,"width":131,"height":7}},{"id":"07e936b3-0a52-4cf5-b8bd-c72b296b96ae","block_type":"box","text":"Portfolio Managers","page_number":6,"box":{"x":61,"y":43,"width":173,"height":13}},{"id":"dfbb0023-7071-4382-b3b2-6a0787c2c377","block_type":"box","text":"Portfolio Manager","page_number":6,"box":{"x":70,"y":87,"width":121,"height":10}},{"id":"871f0616-fbe6-403e-8fc1-1288376af759","block_type":"box","text":"Portfolio Manager","page_number":6,"box":{"x":362,"y":75,"width":121,"height":10}},{"id":"f67126f2-8f2e-4b63-9b8b-67c42e342b2a","block_type":"box","text":"of the Fund Since Title","page_number":6,"box":{"x":363,"y":87,"width":427,"height":8}},{"id":"cab70e09-3861-491c-94fc-817be1768390","block_type":"box","text":"Erin Xie, PhD 2003 Managing Director of BlackRock, Inc.","page_number":6,"box":{"x":70,"y":105,"width":825,"height":10}},{"id":"24807d62-8a8f-4673-bc78-54cf867d53d9","block_type":"box","text":"Xiang Liu, PhD 2020 Managing Director of BlackRock, Inc.","page_number":6,"box":{"x":69,"y":123,"width":826,"height":10}},{"id":"a7bcb70e-aa08-4858-b80c-b758a70b6452","block_type":"box","text":"Purchase and Sale of Fund Shares","page_number":6,"box":{"x":61,"y":163,"width":309,"height":11}},{"id":"d30f2fa5-6944-4eea-ac5b-cef5d475303f","block_type":"box","text":"Class K Shares of the Fund are available only to (i) cer tain employee benefit plans, such as health savings accounts,","page_number":6,"box":{"x":61,"y":189,"width":859,"height":12}},{"id":"258aca15-48a2-413d-92e6-5e894503eaae","block_type":"box","text":"and cer tain employer-sponsored retirement plans (not including SEP IRAs, SIMPLE IRAs and SARSEPs) (collectively,","page_number":6,"box":{"x":61,"y":204,"width":844,"height":12}},{"id":"aaf7a009-2681-45dc-82d0-d80f2ea48c63","block_type":"box","text":"“Employer-Sponsored Retirement Plans”), (ii) collective trust funds, investment companies and other pooled","page_number":6,"box":{"x":62,"y":219,"width":791,"height":11}},{"id":"732147da-0702-4b58-a06d-d21e2ecbf7cf","block_type":"box","text":"investment vehicles, each of which may purchase shares of the Fund through a Financial Intermediary that has entered","page_number":6,"box":{"x":62,"y":234,"width":874,"height":11}},{"id":"86e4645b-80a2-4aaa-8f8b-05a9830d057e","block_type":"box","text":"into an agreement with the Fund’s distributor to purchase such shares, (iii) “Institutional Investors,” which include, but","page_number":6,"box":{"x":62,"y":249,"width":871,"height":11}},{"id":"f5c1184e-e0c2-4ab5-a361-68d37edba4cc","block_type":"box","text":"are not limited to, endowments, foundations, family offices, banks and bank trusts, local, city, and state governmental","page_number":6,"box":{"x":61,"y":263,"width":870,"height":12}},{"id":"a7239f33-b028-4168-9a48-c4cd1dc9806e","block_type":"box","text":"institutions, corporations and insurance company separate accounts, each of which may purchase shares of the Fund","page_number":6,"box":{"x":62,"y":278,"width":863,"height":12}},{"id":"6ec0b703-a36b-4b92-8fcf-a6f716dba47a","block_type":"box","text":"through a Financial Intermediary that has entered into an agreement with the Fund’s distributor to purchase such","page_number":6,"box":{"x":60,"y":293,"width":832,"height":12}},{"id":"daebec2e-e322-4886-8188-7f75d0298149","block_type":"box","text":"shares, (iv) clients of private banks that purchase shares of the Fund through a Financial Intermediary that has","page_number":6,"box":{"x":61,"y":308,"width":815,"height":12}},{"id":"ebc54215-3d23-478f-bd3a-d757bb1233eb","block_type":"box","text":"entered into an agreement with the Fund’s distributor to sell such shares, (v) fee-based advisory platforms of a","page_number":6,"box":{"x":61,"y":323,"width":816,"height":11}},{"id":"041e72c4-c9a7-491f-b3f0-67e684c77fee","block_type":"box","text":"Financial Intermediary that (a) has specifically acknowledged in a written agreement with the Fund’s distributor and/or","page_number":6,"box":{"x":62,"y":338,"width":867,"height":11}},{"id":"d1bc9ebe-b275-4126-a08d-ed936f498e2b","block_type":"box","text":"its affiliate(s) that the Financial Intermediary shall offer such shares to fee-based advisory clients through an omnibus","page_number":6,"box":{"x":62,"y":352,"width":868,"height":12}},{"id":"fb159d48-24ac-40a5-8812-38177d5e42c7","block_type":"box","text":"account held at the Fund or (b) transacts in the Fund’s shares through another intermediary that has executed such an","page_number":6,"box":{"x":61,"y":368,"width":874,"height":11}},{"id":"8d81dbed-8e62-4ec7-bc0e-82fe12ba174e","block_type":"box","text":"agreement and (vi) any other investors who met the eligibility criteria for BlackRock Shares or Class K Shares prior to","page_number":6,"box":{"x":61,"y":382,"width":859,"height":12}},{"id":"52aa7b22-9b0d-43b6-8454-687a80c8ed89","block_type":"box","text":"August 15, 2016 and have continually held Class K Shares of the Fund in the same account since August 15, 2016.","page_number":6,"box":{"x":60,"y":397,"width":857,"height":12}},{"id":"7226bf27-48c3-414f-ab37-f7b5d5ce0240","block_type":"box","text":"You may purchase or redeem shares of the Fund each day the New York Stock Exchange is open. Purchase orders may","page_number":6,"box":{"x":60,"y":419,"width":874,"height":12}},{"id":"6d9d0e07-f23d-4b65-b30b-3373f13d4497","block_type":"box","text":"also be placed by calling (800) 537-4942, by mail (c/o BlackRock, P.O. Box 534429, Pittsburgh, Pennsylvania 15253-","page_number":6,"box":{"x":61,"y":434,"width":868,"height":12}},{"id":"9cd14fee-e8be-42b6-9ad4-776bf621edd0","block_type":"box","text":"4429), or online at www.blackrock.com. Institutional Investors are subject to a $5 million minimum initial investment","page_number":6,"box":{"x":61,"y":448,"width":857,"height":13}},{"id":"3f842fb6-bbff-4f3e-b1c7-7c5ef63efb2f","block_type":"box","text":"requirement. Other investors, including Employer-Sponsored Retirement Plans, have no minimum initial investment","page_number":6,"box":{"x":61,"y":464,"width":842,"height":12}},{"id":"01c4a428-b9fe-4431-90c1-a5a14cced05a","block_type":"box","text":"requirement. There is no minimum investment amount for additional purchases.","page_number":6,"box":{"x":61,"y":479,"width":586,"height":11}},{"id":"002f931e-bc6c-40a3-8c03-d3c92b5fa445","block_type":"box","text":"Tax Information","page_number":6,"box":{"x":63,"y":518,"width":138,"height":11}},{"id":"4fd5e45d-9f4f-4abe-998e-90088275964c","block_type":"box","text":"Different income tax rules apply depending on whether you are invested through a qualified tax-exempt plan described","page_number":6,"box":{"x":62,"y":544,"width":865,"height":11}},{"id":"c7dcb6fa-a753-4efa-956d-5a584ff91dd6","block_type":"box","text":"in section 401(a) of the Internal Revenue Code of 1986, as amended. If you are invested through such a plan (and","page_number":6,"box":{"x":62,"y":559,"width":842,"height":11}},{"id":"4aca9eeb-1a5f-4a9a-ba4b-6fc343268036","block_type":"box","text":"Fund shares are not “debt-financed proper ty” to the plan), then the dividends paid by the Fund and the gain realized","page_number":6,"box":{"x":62,"y":574,"width":850,"height":11}},{"id":"16f78d81-a665-424b-8289-3d97fe41d7bb","block_type":"box","text":"from a redemption or exchange of Fund shares will generally not be subject to U.S. federal income taxes until you","page_number":6,"box":{"x":60,"y":588,"width":833,"height":12}},{"id":"76fec27d-4e8d-4e21-9835-6ef278bcf8ff","block_type":"box","text":"withdraw or receive distributions from the plan. If you are not invested through such a plan, then the Fund’s dividends","page_number":6,"box":{"x":60,"y":603,"width":865,"height":12}},{"id":"59ac6b45-a749-46c4-8044-571e1b327ccb","block_type":"box","text":"and gain from a redemption or exchange may be subject to U.S. federal income taxes and may be taxed as ordinary","page_number":6,"box":{"x":61,"y":618,"width":851,"height":12}},{"id":"9d549859-13eb-4eb3-a155-e6ee13d25c39","block_type":"box","text":"income or capital gains, unless you are a tax-exempt investor.","page_number":6,"box":{"x":62,"y":633,"width":451,"height":11}},{"id":"b4e5e1a4-577e-402a-ace0-7d672e5a10f5","block_type":"box","text":"Payments to Broker/Dealers and Other Financial Intermediaries","page_number":6,"box":{"x":61,"y":672,"width":578,"height":13}},{"id":"bd15d084-d0d4-4626-ba08-19c5cdd0bd1a","block_type":"box","text":"If you purchase shares of the Fund through a Financial Intermediary, the Fund and BlackRock Investments, LLC, the","page_number":6,"box":{"x":62,"y":698,"width":848,"height":12}},{"id":"5d534231-a5b4-42f7-9d44-67651b985255","block_type":"box","text":"Fund’s distributor, or its affiliates may pay the Financial Intermediary for the sale of Fund shares and related services.","page_number":6,"box":{"x":62,"y":713,"width":868,"height":11}},{"id":"fc53d716-a80a-4a8b-98d8-301b7252fa04","block_type":"box","text":"These payments may create a conflict of interest by influencing the Financial Intermediary and your individual financial","page_number":6,"box":{"x":60,"y":728,"width":867,"height":11}},{"id":"10925b2c-3222-440c-b370-71855f5ac302","block_type":"box","text":"professional to recommend the Fund over another investment.","page_number":6,"box":{"x":62,"y":742,"width":455,"height":12}},{"id":"b4a25a00-bfbd-4596-8c55-064f0a7c6cf3","block_type":"box","text":"Class K Shares are only available through a Financial Intermediary if the Financial Intermediary will not receive from","page_number":6,"box":{"x":61,"y":765,"width":849,"height":12}},{"id":"78ac48f7-0bc9-4139-a086-09bb8c1d0cf1","block_type":"box","text":"Fund assets, or the Fund’s distributor’s or an affiliate’s resources, any commission payments, shareholder servicing","page_number":6,"box":{"x":62,"y":780,"width":857,"height":11}},{"id":"a07613ea-2e1f-41bc-98b5-8ea5f9c16913","block_type":"box","text":"fees (including sub-transfer agent and networking fees), or distribution fees (including Rule 12b-1 fees) with respect to","page_number":6,"box":{"x":60,"y":795,"width":869,"height":11}},{"id":"99a06ffe-65cb-4532-80b9-d486941bee75","block_type":"box","text":"assets invested in Class K Shares.","page_number":6,"box":{"x":61,"y":810,"width":256,"height":9}},{"id":"a3cccf00-8792-4fd9-81b9-d1e2fa4487d5","block_type":"box","text":"Ask your individual financial professional or visit your Financial Intermediary’s website for more information.","page_number":6,"box":{"x":60,"y":832,"width":790,"height":11}},{"id":"4ae28c8b-9f28-43ef-aae1-e0b28141ce12","block_type":"box","text":"6","page_number":6,"box":{"x":61,"y":947,"width":9,"height":9}},{"id":"63f0977c-8b52-4b66-b64f-18547b43b711","block_type":"box","text":"NM1026U-5978657-6/8","page_number":6,"box":{"x":757,"y":969,"width":131,"height":7}},{"id":"7901178b-5dbb-48f6-853f-9a19c9181e68","block_type":"box","text":"[This page intentionally left blank]","page_number":7,"box":{"x":376,"y":479,"width":246,"height":11}},{"id":"c0cef2ce-8dfe-4f4a-b75d-fd035d99f6e5","block_type":"box","text":"NM1026U-5978657-7/8","page_number":7,"box":{"x":757,"y":969,"width":131,"height":7}},{"id":"f42ac110-ac87-4f4d-9af3-22938ec9fae4","block_type":"box","text":"INVESTMENT COMPANY ACT FILE # 811-05742","page_number":8,"box":{"x":63,"y":844,"width":297,"height":8}},{"id":"49dad023-21d7-49a8-806e-828a3e093cd0","block_type":"box","text":"SPRO-HSO-K-0926","page_number":8,"box":{"x":63,"y":862,"width":118,"height":8}},{"id":"eb23c5f4-ce30-49de-bbb1-cb71fe532fcf","block_type":"box","text":"NM1026U-5978657-8/8","page_number":8,"box":{"x":757,"y":969,"width":131,"height":7}}],"unit":"per_mille","page_width":594,"page_height":774,"attributes":{"chunk_type":"page_range","start_page":1,"end_page":8}},"source":{"type":"Model","id":"github:dorsalhub/pdf-extractor","version":"0.5.0","execution_id":"bd82face-f0fb-4b14-9f0d-386aec320d66"},"user_id":1000002,"date_created":"2026-10-02T12:03:02.626000Z","date_modified":"2026-10-02T12:03:02.626000Z","private":false}