Common use of Principal Risks of Investing Clause in Contracts

Principal Risks of Investing. The Fund is subject to the market and selection risks of equity investment and to the risk of investment in foreign securities. In addition, the Fund is subject to risks associated with debt securities, emerging markets, derivatives, geographic concentration, mid-cap securities, and small and emerging growth securities. BlackRock Advantage International Fund

Principal Risks of Investing. The Fund is subject to the market and selection risks of equity investment investments, as well as the special risks of value investments and to the risk of investment in foreign securities. In additionBlackRock Capital Appreciation Fund, the Fund is subject to risks associated with debt securities, emerging markets, derivatives, geographic concentration, mid-cap securities, and small and emerging growth securities. BlackRock Advantage International FundInc.

Principal Risks of Investing. The Fund is subject to the market and selection risks of equity investment and to investments, as well as the risk special risks of investment in foreign convertible securities. In addition, the Fund is subject to risks associated with debt securities, emerging markets, derivatives, geographic concentration, mid-cap securities, and small and emerging growth securitiesinvestment style. BlackRock Advantage International Equity Dividend Fund

Principal Risks of Investing. The Fund is subject to the market and selection risks risk of equity investment and to investments, convertible securities risk, preferred securities risk, the risk of investment in foreign securities. In addition, the Fund is subject to risks associated with debt securities, emerging markets, derivatives, geographic concentration, mid-cap securities, securities and small and emerging growth securitiesincome producing stock availability risk. BlackRock Advantage International Large Cap Growth Fund

Principal Risks of Investing. The Fund is subject to the market and selection risks of equity investment and to investments as well as the risk of investment in foreign special risks ofconvertible securities. In addition, the Fund is subject to risks associated with debt securities, emerging markets, derivatives, geographic concentration“new issue” securities, mid-preferred securities, small cap securities, liquidity, the use of leverage, high portfolio turnover risk, and small and emerging growth securitiesinvestment style risk. BlackRock Advantage International Small Cap Growth Fund

Principal Risks of Investing. The Fund is subject to the market and selection risks of equity investment and to investments, as well as the risk special risks of investment in foreign convertible securities. In addition, the Fund is subject to risks associated with debt securities, emerging markets, derivatives, geographic concentration, mid-cap securities, and small and emerging growth securitiesinvestment style. Additional principal risks are identified in the Fund’s prospectus. BlackRock Advantage International Equity Dividend Fund

Principal Risks of Investing. The Fund is subject to the market and selection risks of equity investment investments, as well as focus risk and to the risk special risks of investment in value investments and foreign securities. In addition, Additional principal risks are identified in the Fund is subject to risks associated with debt securities, emerging markets, derivatives, geographic concentration, mid-cap securities, and small and emerging growth securitiesFund’s prospectus. BlackRock Advantage International Capital Appreciation Fund, Inc.

Principal Risks of Investing. The Fund is subject to the market and selection risks of equity investment investments as well as the risks and to the risk of investment in foreign securities. In addition, the Fund is subject to risks special considerations associated with debt securities, emerging markets, derivatives, geographic concentration, mid-cap securities, and small and emerging growth securitiesinvesting in an index fund. Additional principal risks are identified in the Fund’s prospectus. BlackRock Advantage International Small Cap Core Fund

Principal Risks of Investing. The Fund is subject to the market and selection risks risk of equity investment and to investments, convertible securities risk, preferred securities risk, the risk of investment in foreign securitiessecurities and income producing stock availability risk. In addition, Additional principal risks are identified in the Fund is subject to risks associated with debt securities, emerging markets, derivatives, geographic concentration, mid-cap securities, and small and emerging growth securitiesFund’s prospectus. BlackRock Advantage International Large Cap Growth Fund

Principal Risks of Investing. The Fund is subject to the market and selection risks of equity investment investments as well as the special risks of investing in smaller and to the risk of investment in foreign securities. In additionemerging growth companies, the Fund is subject to risks associated with debt convertible securities, emerging markets“new issues” or initial public offerings, warrants, derivatives, geographic concentration, mid-cap securitiesleverage, and small investment style risk. High portfolio turnover resulting from active and emerging growth securitiesfrequent trading results in higher markups and other transaction costs and can result in a greater amount of dividends from ordinary income rather than capital gains. BlackRock Advantage International FundFund‌‌

Principal Risks of Investing. The Fund is subject to the market and selection risks of equity investment and to investments as well as the risk special risks of investment in foreign securities. In additionreal estate investments, the Fund is subject to risks associated with debt concentration, convertible securities, emerging marketspreferred securities, derivatives, geographic concentration, mid-cap securitiesREIT investments, and small and emerging growth mid cap securities. Additional principal risks are identified in the Fund’s prospectus. BlackRock Advantage International FundCore Bond Portfolio‌‌

Principal Risks of Investing. The Fund is subject to the market and selection risks of equity investment and to the risk of investment fixed-income investments, investments in foreign securities. In addition, the Fund is subject to risks associated with debt and mortgage- and asset-backed securities, emerging markets, derivatives, geographic concentration, mid-cap securities, and small and emerging growth securitiesU.S. Government issuer risk. Additional principal risks are identified in the Fund’s prospectus. BlackRock Advantage International Total Return Fund