# EDGAR Filing Document

**Accession Number:** 0000790525
**File Stem:** 0001193125-26-134811
**Filing Date:** 2026-3
**Character Count:** 6234
**Document Hash:** d5f24c371d4b22289371bef9b746a599
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-26-134811.hdr.sgml**: 20260331

**ACCESSION NUMBER**: 0001193125-26-134811

**CONFORMED SUBMISSION TYPE**: 497

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20260331

**DATE AS OF CHANGE**: 20260331

**EFFECTIVENESS DATE**: 20260331

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BLACKROCK INTERNATIONAL SELECT EQUITY FUND
- **CENTRAL INDEX KEY:** 0000790525

**ORGANIZATION NAME:**
- **EIN:** 226410940
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** 497
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 033-04026
- **FILM NUMBER:** 26822933

**BUSINESS ADDRESS:**
- **STREET 1:** 100 BELLEVUE PARKWAY
- **CITY:** WILMINGTON
- **STATE:** DE
- **ZIP:** 19809
- **BUSINESS PHONE:** 800-441-7762

**MAIL ADDRESS:**
- **STREET 1:** 100 BELLEVUE PARKWAY
- **CITY:** WILMINGTON
- **STATE:** DE
- **ZIP:** 19809

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** BLACKROCK EUROFUND
- **DATE OF NAME CHANGE:** 20061002

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MERRILL LYNCH EUROFUND
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MERRILL LYNCH EUROPE TRUST
- **DATE OF NAME CHANGE:** 19861203

## Series and Classes Contracts Data

### BlackRock International Select Equity Fund (Series ID: S000002177)

---

|  |  |
|:---|:---|
| Class Name    | Class ID   |
| Investor A    | C000005587 |
| Investor C    | C000005589 |
| Institutional | C000005590 |
| Class R       | C000005591 |
| Class K       | C000199787 |

---

## Series and Classes Contracts Data

### BlackRock International Select Equity Fund (Series ID: S000002177)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000005587 | Investor A    |  |
| C000005589 | Investor C    |  |
| C000005590 | Institutional |  |
| C000005591 | Class R       |  |
| C000199787 | Class K       |  |

**BLACKROCK INTERNATIONAL SELECT EQUITY FUND** 

(the "Fund")

**Supplement dated March 31, 2026 (the "Supplement") to the Fund's** 

**Statement of Additional Information ("SAI"), dated October 28, 2025, as supplemented or amended to date** 

**Effective immediately, the following changes are made to the Fund's SAI:** 

**The section entitled "Management, Advisory and Other Service Arrangements — Information Regarding the Portfolio Managers" is revised as follows:** 

**The first paragraph is deleted in its entirety and replaced with the following:** 

**Information Regarding the Portfolio Manager** 

Giles Rothbarth, CFA is the portfolio manager primarily responsible for the day-to-day management of the Fund's portfolio.

**The sub-section entitled "Other Funds and Accounts Managed" is deleted in its entirety and replaced with the following:** 

The following table sets forth information about funds and accounts other than the Fund for which the portfolio manager is primarily responsible for the day-to-day portfolio management as of June 30, 2025.

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| | **Number of Other Accounts Managed<br>and Assets by Account Type** | **Number of Other Accounts Managed<br>and Assets by Account Type** | **Number of Other Accounts Managed<br>and Assets by Account Type** | **Number of Other Accounts and Assets<br>for Which Advisory Fee is<br>Performance-Based** | **Number of Other Accounts and Assets<br>for Which Advisory Fee is<br>Performance-Based** | **Number of Other Accounts and Assets<br>for Which Advisory Fee is<br>Performance-Based** |
| <br>**Name of Portfolio <br>Manager** | **Other<br>Registered<br>Investment<br>Companies** | **Other<br>Pooled<br>Investment<br>Vehicles** | **Other<br>Accounts** | **Other**<br> **Registered**<br> **Investment**<br> **Companies** | **Other<br>Pooled**<br> **Investment**<br> **Vehicles** | **Other**<br> **Accounts** |
| Giles Rothbarth, CFA | 0<br> $0 | 4<br> $15.09 Billion | 6<br> $819.75 Million | 0<br> $0 | 0<br> $0 | 0<br> $0 |

---

**The first paragraph of the sub-section entitled "Portfolio Manager Compensation Overview" is deleted in its entirety and replaced with the following:** 

The discussion below describes the portfolio manager's compensation as of June 30, 2025.

**The last sentence of the first paragraph of the sub-section entitled "Portfolio Manager Compensation Overview — Discretionary Incentive Compensation" is deleted in its entirety and replaced with the following:** 

With respect Mr. Rothbarth, such benchmarks for the Fund and other accounts are: MSCI Europe Net TR in EUR; FTSE World Europe ex UK Net TR Index - EUR; FTSE World Europe ex UK Net TR Index – in GBP; MSCI Europe Ex UK ESG Select Business Involvement Screens Net Index; FTSE World Europe ex UK – GBP; MSCI Europe ex UK Net TR Index - in EUR; MSCI Europe Index (Net Total Return USD); MSCI EAFE Index (Net Total Return).

**The last sentence of the second paragraph of the sub-section entitled "Portfolio Manager Compensation Overview — Distribution of Discretionary Incentive Compensation" is deleted in its entirety and replaced with the following:** 

The portfolio manager of this Fund has deferred BlackRock, Inc. stock awards.

------

**The sub-section entitled "Portfolio Manager Beneficial Holdings" is deleted in its entirety and replaced with the following:** 

As of June 30, 2025, the Fund's most recently completed fiscal year end, the dollar range of securities beneficially owned by the portfolio manager in the Fund is shown below:

---

| | |
|:---|:---|
| **Portfolio Manager** | **Dollar Range of Equity Securities<br>Beneficially Owned** |
| Giles Rothbarth, CFA | None |

---

**The last two sentences of the first paragraph of the sub-section entitled "Portfolio Manager Potential Material Conflicts of Interest" are deleted in their entirety and replaced with the following:** 

It should also be noted that Mr. Rothbarth may be managing hedge fund and/or long only accounts, or may be part of a team managing hedge fund and/or long only accounts, subject to incentive fees. Mr. Rothbarth may therefore be entitled to receive a portion of any incentive fees earned on such accounts.

**Shareholders should retain this Supplement for future reference.** 

SAI-ISEF-0326SUPP