BlackRock Rolls Out Multi-Manager Alternative Strategies Fund

BlackRock launched the BlackRock Multi-Manager Alternative Strategies Fund (BMMAX), designed to offer individual investors the opportunity to access multiple alternative investment strategies in a single open-end mutual fund.

According to a release from the Company, the investment objective of the Fund is to seek total return. BMMAX extends BlackRock's alternative mutual fund platform to seven funds, further establishing the firm as one of the preeminent providers of alternative investment solutions globally, with more than $115 billion in assets under management.

The Fund leverages the industry knowledge and understanding of BlackRock Alternative Advisors (BAA), which is BlackRock's well- established, hedge fund solutions platform with more than 19 years of experience building and managing hedge fund portfolios.

"Following the market volatility of recent years, it is critical for investors to understand that exposure to a wider range of investments is necessary as part of a core investment strategy," said Ken Barbuscio, head of product and platform development for BlackRock's U.S. Wealth Advisory Division. "BMMAX provides individual investors with a way to diversify across alternative investment managers and strategies in a single portfolio solution."

BlackRock is responsible for identifying and retaining Sub- Advisers for the Fund's selected strategies and for monitoring the services provided by the Sub-Advisers. Mark Everitt, CFA, Albert Matriotti, David Matter, CFA and Edward Rzeszowski are jointly responsible for setting the overall investment strategy and overseeing the management of the Fund.

BlackRock is a company focusing on investment management, risk management and advisory services for institutional and retail clients worldwide.

More information and complete details:

www.blackrock.com

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