Professional Documents
Culture Documents
1 Discover LifePath
A portfolio that A professionally managed, well-diversified
evolves over time investment portfolio in a single fund. Brought
to you by BlackRock, the pioneer of target date
3
a range of asset classes
The investment mix is adjusted automatically
Simple to use to gradually become more conservative as you
near retirement
Inflation
protected
bonds Sample LifePath
portfolio
Bonds International
stocks
For illustrative purposes only. Allocations are subject to change. Real estate
allocation is invested in real estate investment trusts (REITs).
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LifePath by the numbers
LifePath is built to navigate uncertainty and seeks to deliver
a consistent standard of living.
20+
years of experience in
lifecycle investing
1 in 5
of Fortune 100 companies
use LifePath*
$ 179 billion
in LifePath assets
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1 A portfolio that
evolves over time
No matter when your retirement starts, you will want an
investment that seeks to provide a balance between growth,
safety and inflation. The investment professionals at BlackRock
manage this balance for LifePath, making adjustments as you
move closer to retirement.
99%
Increasing
Starts with a high Bond allocation
allocation to stocks
to help younger Becomes more
participants capture conservative as
maximum growth retirement nears,
Stock allocation (%)
40%
Maintains 40%
stock allocation
Decreasing in retirement for
potential growth
Stock allocation over time and stable spending
40 30 20 10 0 -10 -20
For illustrative purposes only. Stock allocation includes real estate investment trusts (REITs).
What is a glidepath?
A target date funds glidepath shows how the portfolios stock
holdings decrease over time. This professionally managed
process results in the portfolio seeking to become more
conservative as you approach retirement.
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2 Designed to keep
retirement savings on track
LifePath Index has navigated stock market declines and
recoveries since June 2011, seeking to help investors grow
and preserve retirement savings by carefully managing risk.
10%
-0.8%
BlackRock +0.6%
LifePath Index
Retirement +0.4%
Fund
Return (%)
+4.7%
0
Morningstar
Category Average
-8
Source: Morningstar Direct. BlackRock LifePath Index Retirement Fund returns represent Institutional
share performance since inception in June 2011. Morningstar Category Average returns represent
the Morningstar U.S. Open-End Target Date 2011-2015 mutual fund universe.
Performance data quoted represents past performance and is no guarantee
of future results. Investment returns and principal values may fluctuate so that
an investors shares, when redeemed, may be worth more or less than their
original cost. Current performance may be lower or higher than that shown.
Refer to www.blackrock.com for current month-end performance. Index and
benchmark performance returns do not reflect any management fees,
transaction costs or expenses. Indexes are unmanaged and one cannot
invest directly in an index.
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3
Simple to use
The LifePath choice is easy. Simply select a fund dated nearest
your target year the year when you plan to retire. Your LifePath
fund seeks to provide a diversified, age-appropriate investment to
help you achieve more financial security when you retire.
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LifePath Index Retirement Fund
% Average annual total
1 Year 3 Years 5 Years 10 Years Inception4
Returns (6/30/2017)
Institutional
6.85 3.81 5.71 5.34
Share Class
1 The Morningstar Analyst Rating is not a credit or risk rating. It is a subjective evaluation performed by the manager
research analysts of Morningstar. Morningstar evaluates funds based on five key pillars, which are process, performance,
people, parent, and price. Analysts use this five pillar evaluation to determine how they believe funds are likely to perform
over the long term on a risk-adjusted basis. They consider quantitative and qualitative factors in their research, and the
weighting of each pillar may vary. The Analyst Rating scale is Gold, Silver, Bronze, Neutral, Negative. A Morningstar
Analyst Rating of Gold, Silver, or Bronze reflect an Analysts conviction in a funds prospects for outperformance. Analyst
Ratings are continuously monitored and reevaluated at least every 14 months. For more detailed information about
Morningstars Analyst Rating, including its methodology, please go to http://corporate.morningstar.com/us/documents/
MethodologyDocuments/AnalystRatingforFundsMethodology.pdf. The Morningstar Analyst Rating should not be used
as the sole basis in evaluating a mutual fund. Morningstar Analyst Ratings involve unknown risks and uncertainties which
may cause Morningstars expectations not to occur or to differ significantly from what we expected. 2 Pensions &
Investments as of 6/30/16. 3 AUM as of 6/30/2017. 4 Fund inception 5/31/11.
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