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Multi Asset

LIKIX

LifePath Index 2040 Fund

Overview

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Performance

Performance

  • Returns

  1y 3y 5y 10y Incept. Performance data for certain classes of shares of certain funds are based on pre-class inception information dating back to an older class of fund shares. This information may be considered when assessing a fund's performance, but it does not represent actual performance of these classes of shares. The inception date noted under Key Fund Facts is the date the class of shares was incepted. See fund prospectus or fact sheet for details.
6.75 10.31 6.72 - 7.84
Benchmark (%) Index: BlackRock LifePath Index 2040 Custom Benchmark.<br /><br /> Index returns are for illustrative purposes only. Index performance returns do not reflect any management fees, transaction costs or expenses. Indexes are unmanaged and one cannot invest directly in an index. Past performance does not guarantee future results. 6.77 10.47 6.76 - 7.94
Morningstar Category Avg. (%) Target-Date 2040 5.48 10.04 6.01 10.21 -
Morningstar Ranking Rankings are based on total return excluding sales charges, independently calculated and not combined to create an overall ranking. 23/233 75/193 27/152 - -
Morningstar Quartile Rankings based on total return excluding sales charges, independently calculated and not combined to create an overall ranking. 1 2 1 - -
Lipper Category Avg. (%) Mixed-Asset Target 2040 Funds 5.30 9.86 5.88 10.19 -
Lipper Ranking Rankings are based on total return excluding sales charges. 22/226 74/182 27/142 - -
Lipper Quartile Rankings are based on total return excluding sales charges. 1 2 1 - -
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 Fund’s returns prior to November 28, 2014 are the returns of the Fund when it followed a different target asset allocation to target lower levels of equity exposure.

Growth of Hypothetical $10,000 The growth of hypothetical $10,000 chart reflects a hypothetical $10,000 investment and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees and other expenses were deducted.

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Distributions

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Key Facts

Key Facts

Size of Class (Millions) as of Jul 18, 2019 $514.3 M
Size of Fund (Millions) as of Jul 18, 2019 $5,438.1 M
Share Class launch date May 31, 2011
Asset Class MultiAsset
Morningstar Category Target-Date 2040
Lipper Classification Mixed-Asset Target 2040 Funds
Benchmark Index BlackRock LifePath Index 2040 Custom Benchmark
CUSIP 066923749
Max Offer Price as of Jul 18, 2019 $15.05
Open to New Investors Yes
Turnover Percent as of Jun 30, 2019 12%

Ratings

Ratings

Morningstar Rating

Overall Morningstar Rating for LifePath Index 2040 Fund, Class I, as of Jun 30, 2019 rated against 193 Target-Date 2040 Funds.

Lipper Leader

 
Overall Lipper Leaders ratings based on an equal-weighted average of percentile ranks for each measure over 3-, 5-, and 10-year periods (if applicable) and do not take into account the effects of sales charges for these categories (Consistent Return, Preservation, Total Return, Expense, and Tax Efficiency) as of Jun 30, 2019 out of 182, 4,624, 183, 127 and 183 Funds, respectively in Lipper's Mixed-Asset Target 2040 Funds classification.

Morningstar Analyst Rating

Morningstar Analyst Rating - Gold
Morningstar has awarded the Fund a Gold medal, its highest level of conviction. (Effective Jan 25, 2019) ‡

Holdings

Holdings

as of Jun 28, 2019
Name Weight (%)
BLACKROCK RUSSELL 1000 INDEX FUND 46.36
ISHARES MSCI TOTAL INTL STOCK ETF 33.29
BLACKROCK BOND INDEX FUND 8.83
Name Weight (%)
ISHARES DEVELOPD RL ESTAT CL K 6.66
ISHARES TIPS BOND ETF 2.37
BLACKROCK SMALL CAP INDEX FUND 2.35

Exposure Breakdowns

Exposure Breakdowns

as of Jun 28, 2019

% of Market Value

Type Fund
as of Jun 28, 2019

% of Market Value

Type Fund
Allocations subject to change.
Negative weightings may result from specific circumstances (including timing differences between trade and settle dates of securities purchased by the funds) and/or the use of certain financial instruments, including derivatives, which may be used to gain or reduce market exposure and/or risk management.

Allocations are subject to change.
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Portfolio Managers

Portfolio Managers

Amy Whitelaw
Head of Americas iShares Equity Portfolio Management

  

Alan Mason
Head of Americas ETF and Index Investment

   

Matthew O’Hara
Co-Head of LifePath

   

Greg Savage
Head of Americas Index Asset Allocation

   

Portfolio Manager

Literature

Literature

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