About LEHIX
The BlackRock LifePath ESG Index 2045 Fund is a target-date mutual fund designed to help investors save for retirement with a projected retirement year of 2045. Its primary function is to provide a diversified investment solution that automatically adjusts its asset allocation as the target date approaches, gradually shifting from higher-risk, growth-oriented assets to more conservative holdings. The fund distinguishes itself by integrating environmental, social, and governance (ESG) criteria into its investment process. It primarily invests in global index funds that aim to optimize exposure to companies with higher ESG ratings, while maintaining risk and return characteristics similar to conventional market indices.
Key features include broad diversification across equities and fixed income, with notable allocations to ESG-focused ETFs such as the iShares ESG Aware MSCI USA ETF, iShares ESG Aware MSCI EAFE ETF, and iShares ESG Aware US Aggregate Bond ETF. The fund’s glide path becomes increasingly conservative over time, reducing equity exposure as the 2045 target date approaches. This structure makes it suitable for participants in employer-sponsored retirement plans or individual investors seeking an ESG-conscious, low-maintenance investment solution for long-term retirement planning. The fund is managed by BlackRock’s experienced multi-asset team and follows a disciplined, index-based investment approach, leveraging BlackRock’s expertise in both target-date and ESG investing.
Fund Family BlackRock
Category Target-Date 2045
Performance Rating Above Average
Risk Rating Above Average
Stock Exchange Nasdaq
Ticker Symbol LEHIX
Index Index is not available on Lipper Database
LEHIX had a total return of 13.77% in the past year, including dividends. Since the fund's
inception, the average annual return has been 11.27%.
