The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance quoted.

The performance information for periods prior to January 25, 2018, the commencement of operations of the share class, shows the performance of the Fund’s Institutional Shares. The performance of this share class would be substantially similar to Institutional Shares because this share class and Institutional Shares invest in the same portfolio of securities and performance would only differ to the extent that this share class and Institutional Shares have different expenses. 

The Fund’s returns for the period from October 31, 2017 through November 1, 2021 are the returns of the Fund when it followed different investment strategies and investment process under the name “BlackRock Asian Dragon Fund.” The Fund’s returns prior to October 31, 2017 are the returns of the Fund when it followed a different investment objective and different investment strategies under the name “BlackRock Pacific Fund, Inc." Effective as of November 2, 2021, the Fund added the MSCI Emerging Markets Index and removed the MSCI AC Asia ex Japan Index as the performance benchmark against which the Fund measures its performance.

See the Fund’s prospectus for more details.