What is BlackRock LifePath Index 2050 Fund?

What is BlackRock LifePath Index 2050 Fund?

LifePath Index 2050 Fund seeks to provide for retirement outcomes by investing in broadly diversified global asset classes with asset allocations becoming more conservative over time. Performance is expected to track the performance of the Fund’s custom benchmark.

Are lifecycle funds a good investment?

A lifecycle fund is a good option for someone who is just starting out investing in their 401(k) because it provides a good amount of diversification through a single account holding.

What is LifePath IDX?

INVESTMENT STRATEGY. LifePath Index Retirement Fund seeks to provide for retirement outcomes by investing in broadly diversified global asset classes whose performance is expected to track the performance of the Fund’s custom benchmark.

What are the two types of life-cycle funds?

There are two basic types of life-cycle funds: Targeted-maturity funds. These target a retirement year and then change their asset allocations from aggressive to conservative as that date approaches. The final allocation is intended to see the investor through retirement. Static-allocation funds.

What is a lifecycle index fund?

The Lifecycle Index Funds invest in a selection of passively managed equity and fixed income funds providing diversified portfolios to suit the objectives of investors with different investment horizons.

Is Lifepath 2030 a good investment?

Performance. The fund has returned -7.28 percent over the past year, 7.45 percent over the past three years, 6.46 percent over the past five years, and 7.69 percent over the past decade.

Which L fund is the best?

So Which is The Best? If someone is looking for the L fund that has the potential to earn the most over time, it will always be the one with the furthest target date. Right now, that would be the L 2065 fund. But this will also be the L fund that has the most volatility.

How is the LifePath index 2050 fund rated by Morningstar?

Overall Morningstar Rating for LifePath Index 2050 Fund, Class I, as of Nov 30, 2021 rated against 202 Target-Date 2050 Funds based on risk adjusted total return.

Who is the head of asset allocation at Lifepath?

Our LifePath Index Funds evolve as you near retirement. Christopher Chung, CFA, Director, is the Head of Asset Allocation and Custom Strategies for LifePath. Mr. Chung’s service dates back to 2008, including his years with Barclays Global Investors (BGI), which merged with BlackRock in 2009.

Who is the head of portfolio engineering at Blackrock?

Mr. Savage earned a BS degree in Accounting from the University of Colorado at Boulder in 1994. Amy Whitelaw, Managing Director, is the Head of the U.S. & Canadian iShares Equity ETF Portfolio Engineering within BlackRock’s Index Equity team.