LifePath Index Portfolios
Built with highly efficient index exposures created by BlackRock, the world's leading index provider
- Combines BlackRock's legacy as the inventor of the target date fund, with its expertise as the world's leading index provider
- Pursues broad market opportunities in one single investment
With increased scrutiny on fees and expense ratios, more and more investors are recognizing the value of indexing: A transparent, low-fee approach to capturing the market as efficiently as possible.
LifePath Index combines BlackRock's pioneering legacy as the inventor of the target date fund, with its expertise as the world's leading index provider. It is designed to provide you with access to a time-tested glidepath through a pure, efficient, index mutual fund structure.
Focus on the broad market with more predictable outcomes
The indexing strategy allows LifePath to capture the broad market more accurately, placing greater emphasis on the strategic glidepath, which can lead to fewer surprises and more predictable retirement outcomes.
Each LifePath Portfolio mutual fund invests all of its assets in a separate mutual fund, called a LifePath Master portfolio, that has a substantially identical investment objective as the LifePath Portfolio. Each master portfolio, in turn, invests in a combination of equity funds, fixed income funds, and money market funds ("Underlying Funds") in proportions based on its own comprehensive investment strategy. BlackRock Fund Advisors is the investment adviser to the Master Portfolios and each of the Underlying Funds.
The LifePath Portfolio mutual funds are distributed by BlackRock Investments, LLC ("BRIL"), member FINRA. BlackRock Fund Advisors ("BFA") serves as the investment adviser to LifePath Portfolio mutual funds, and the Master Portfolios, in which each LifePath Portfolio invests all of its assets and to the Underlying Funds in which the Master Portfolios Portfolios invest.
Strategies may include bank collective investment funds maintained and managed by BlackRock Institutional Trust Company, N.A. ("BTC"), which are available only to certain qualified employee benefit plans and governmental plans and not offered or available to the general public. Accordingly, prospectuses are not required and prices are not available in local publications. To obtain pricing information, please contact your local service representative. Strategies maintained by BlackRock are not insured by the Federal Deposit Insurance Corporation and are not guaranteed by BlackRock or its affiliates. There are structural and regulatory differences between collective funds and mutual funds that may affect their respective fees and performance.
BRIL, BFA and BTC are subsidiaries of BlackRock, Inc.
Each LifePath Portfolio has a different level of risk.
An investment in the LifePath Portfolios is subject to stock market risk, which means the price of the stocks in which the Underlying Funds invest may fluctuate or fall in response to economic events or trends. The prices of bonds in which the Underlying Funds invest may fall because of a rise in interest rates. Investments in foreign securities by the Underlying Funds are subject to certain special risks and considerations, including potentially less liquidity and greater price volatility than securities traded in the U.S. markets.
The allocation of each LifePath Portfolio's assets is managed using a quantitative model that has been developed based on a number of factors. There is no assurance that the recommended asset allocation will either maximize returns or minimize risk or be the appropriate allocation in all circumstances for every investor with a particular time horizon.
The LifePath Portfolios must maintain cash balances to meet redemption requests, which may lower overall portfolio performance.
The LifePath products are covered by U.S. patents 5,812,987 and 6,336,102.
Target date funds can make retirement saving easier.