Skip to content

Multi Asset

BLHIX

LifePath Smart Beta 2040 Fund

Overview

Loading

Performance

Performance

  • Returns

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 between November 27, 2012 and November 17, 2016 are the returns of the Fund when it followed different investment strategies under the name “BlackRock LifePath® Active 2040 Fund.” The Fund’s returns prior to November 27, 2012 are the returns of the Fund when it followed a different glide path under the name “BlackRock Prepared Portfolio 2040.”

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.

Performance chart data not available for display.
View full chart

Distributions

Interactive chart displaying fund performance. Javascript is required.

View full chart

Key Facts

Key Facts

Size of Class (Millions) as of Feb 21, 2020 $0.3 M
Size of Fund (Millions) as of Feb 21, 2020 $16.5 M
Share Class launch date Nov 27, 2012
Asset Class MultiAsset
Morningstar Category Target-Date 2040
Lipper Classification Mixed-Asset Target 2040 Funds
Benchmark Index LifePath Smart Beta 2040 Custom Benchmark
CUSIP 09257E803
Max Offer Price as of Feb 21, 2020 $10.57
Open to New Investors Yes
Turnover Percent as of Jan 31, 2020 100%

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 Dec 31, 2019 out of 196, 4,665, 197, 123 and 197 Funds, respectively in Lipper's Mixed-Asset Target 2040 Funds classification.

Holdings

Holdings

as of Jan 31, 2020
Name Weight (%)
ISHS EDG MSCI USA QUL FCT ETF(USD) 16.29
ISHARES EDGE MSCI MIN VOL USA ETF 11.93
ISHS EDG MSCI USA VAL FCT ETF(USD) 10.44
ISHS EDGE MSCI INTL QUAL FACT ETF 8.84
ISHS EDG MSCI MINVOL EAFE ETF(USD) 6.91
Name Weight (%)
ISHARES CORE MSCI EMERGING MARKETS 6.58
ISHS EDGE MSCI INTL VALUE FCTR ETF 5.06
ISHARES GLOBAL REIT ETF 4.34
ISHS EDG MSCI USA SZ FCTR ETF(USD) 4.33
ISHS EDG MSCI USA MOM FCT ETF(USD) 3.81

Exposure Breakdowns

Exposure Breakdowns

as of Jan 31, 2020

% of Market Value

Type Fund
Allocation 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.

Portfolio Managers

Portfolio Managers

Matthew O’Hara
Co-Head of LifePath

   

Andrew Ang
Head of Factor Investing Strategies

   

Ked Hogan
Head of Investments for BlackRock’s Factor-Based Strategies Group

  

Portfolio Manager

Literature

Literature

 

There are many ways to access BlackRock Funds, learn how you can add them to your portfolio