new liquidity, credit quality and maturity requirements on all money market
funds. Fund performance shown prior to May 28, 2010 is based on Investment Company Act rules then in effect and is not an indication of future returns. Updated information on the Fund’s results can be obtained by visiting
www.blackrock.com/moneymarketreports or can be obtained by phone at (800) 626-1960.
Class I Shares
ANNUAL TOTAL RETURNS
Retirement Reserves Money Fund
As of 12/31
During the period shown in
the bar chart, the highest return for a quarter was 1.26% (quarter ended September 30, 2007) and the lowest return for a quarter was 0.00% (quarter ended December 31, 2012). The year-to-date return as of June 30, 2013 was 0.00%.
As
of 12/31/12
Average Annual Total Returns
|
1
Year
|
5
Years
|
10
Years
|
Retirement
Reserves Money Fund — Class I
|
0.00%
|
0.62%
|
1.69%
|
Retirement
Reserves Money Fund — Class II
|
0.00%
|
0.60%
|
1.64%
|
To obtain the Fund’s current 7-day yield, call (800)
626-1960.
Investment Manager
The Fund’s investment manager is BlackRock Advisors,
LLC.
Purchase and Sale of Fund Shares
Fund shares are offered only to (i) participants in a
traditional Individual Retirement Account (“IRA”), Individual Retirement Rollover Account (“IRRA”), Roth IRA, Coverdell education savings account, or Simplified Employee Pension (“SEP”) and Simplified Retirement
Account (“SRA”) plans, for which Merrill Lynch, Pierce, Fenner & Smith Incorporated (“Merrill Lynch”) acts as an approved non-bank custodian (“Custodial Plans”), (ii) participants in Merrill Lynch Basic plans
and Retirement Selector Accounts, (iii) participants in certain retirement plans for which Merrill Lynch acts as custodian whose accounts are enrolled in certain advisory services, (iv) participants in certain other pension, profit-sharing, annuity
and other qualified plans and (v) participants in “qualified tuition programs” as defined under Section 529 of the Internal Revenue Code of 1986, as amended (collectively, the “Plans” and individually, a
“Plan”).
The Fund offers two share classes
(Class I and Class II). Class I is now closed to new investors, but Class I Shares may be available for investment by (1) any Custodial Plan with an active custodial retirement account as of September 30, 1998 or (2) any pension, profit sharing,
annuity or qualified plan other than a Custodial Plan. Class II Shares are available for new and existing investors of any Plan that did not have an active custodial retirement account as of September 30, 1998 and do not otherwise qualify to
purchase Class I Shares as described above. There is no minimum initial investment or minimum additional investment for Fund shares. To purchase or sell shares you should contact your financial intermediary or financial professional.