Multi Asset

LIKKX

LifePath Index 2040 Fund

Overview

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Performance

Performance

Growth of Hypothetical $10,000

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Distributions

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  1y 3y 5y 10y Incept.
8.73 7.19 9.73 - 7.83
Benchmark (%) 8.60 7.14 9.75 - 7.85
Morningstar Category Avg. (%) 4.78 5.37 7.54 8.10 -
Morningstar Ranking 117/214 41/188 44/145 - -
Morningstar Quartile 3 1 2 - -
Lipper Category Avg. (%) 8.51 6.42 8.96 8.43 -
Lipper Ranking 113/215 40/183 43/143 - -
Lipper Quartile 3 1 2 - -
  YTD 1m 3m 1y 3y 5y 10y Incept.
0.98 -2.52 7.07 8.73 23.16 59.08 - 102.10
Benchmark (%) 0.74 -2.68 7.04 8.60 22.98 59.21 - 102.49
Morningstar Category Avg. (%) -0.15 -1.61 0.34 4.78 17.00 43.81 117.81 -
Lipper Category Avg. (%) 1.39 -2.43 6.49 8.51 20.57 53.76 125.86 -
  2015 2016 2017 2018 2019
Total Return (%) -0.56 8.10 19.95 -7.08 25.01
Benchmark (%) -0.90 8.30 19.93 -7.17 25.05
Morningstar Category Avg. (%) -1.99 7.95 19.52 -7.74 23.19
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.

Key Facts

Key Facts

Size of Class (Millions) as of Nov 27, 2020 $5,087.7 M
Size of Fund (Millions) as of Nov 27, 2020 $7,470.3 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 066923731
Distribution Frequency Quarterly
Max Offer Price as of Nov 27, 2020 $17.23
Open to New Investors Yes
Turnover Percent in the Annual Report 14%

Portfolio Characteristics

Portfolio Characteristics

R-Squared as of Oct 31, 2020 0.01
Fund Sharpe Ratio (3y) as of Oct 31, 2020 0.35
Effective Duration as of Oct 30, 2020 0.92 yrs
Best 3-Month Return Over the Last 3 Years 3 months ending Jun 30, 2020 17.25%
Worst 3-Month Return Over the Last 3 Years 3 months ending Mar 31, 2020 -19.56%
This information must be preceded or accompanied by a current prospectus. For standardized performance, please see the Performance section above.

Fees

Fees

as of current prospectus
Gross Expense Ratio 0.16%
Net Expense Ratio 0.09%

Ratings

Ratings

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 Oct 31, 2020 out of 181, 4,467, 181, 122 and 181 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 21, 2020)

Holdings

Holdings

as of Oct 30, 2020
Name Weight (%)
BLACKROCK RUSSELL 1000 INDEX FUND 46.20
ISHARES MSCI TOTAL INTL STOCK ETF 33.54
BLACKROCK BOND INDEX FUND 10.96
Name Weight (%)
ISHARES DEVELOPD RL ESTAT CL K 4.07
ISHARES TIPS BOND ETF 3.29
BLACKROCK SMALL CAP INDEX FUND 1.81

Exposure Breakdowns

Exposure Breakdowns

as of Oct 30, 2020

% of Market Value

Type Fund
as of Oct 30, 2020

% 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

Matthew O’Hara
Co-Head of LifePath

   

Alan Mason
Head of Americas ETF and Index Investment

   

Lisa O'Connor
Global Head of Model Portfolio Solutions and the Deputy CIO for Solutions

  

Greg Savage
Head of Americas Index Asset Allocation

   

Amy Whitelaw
Head of Americas iShares Equity Portfolio Management

  

Christopher Chung
Head of Asset Allocation and Custom Strategies for LifePath

  

Portfolio Manager

Literature

Literature

 

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