About LERAX
The BlackRock LifePath ESG Index Retirement Fund Investor A is a target-date mutual fund designed to help investors plan for retirement while emphasizing responsible investing principles. Its primary function is to provide broad global diversification across asset classes, including equities, bonds, and real estate securities, with the asset allocation automatically shifting to become more conservative as investors near retirement. A defining feature of this fund is its focus on environmental, social, and governance (ESG) factors: the portfolio is constructed using index holdings that seek to optimize ESG ratings while maintaining risk and return characteristics similar to traditional benchmarks. The fund invests in a mix of ESG-aware index ETFs, including those covering U.S. and international equities, emerging markets, real assets, and fixed income securities. By following an ESG-driven strategy, the fund aims to align investments with sustainability goals, reflecting a growing demand among individuals and institutions for responsible capital allocation. It plays a significant role in the retirement solutions market by enabling investors to integrate ESG priorities into their long-term financial planning, all managed through an automated, lifecycle-based investment approach.
Fund Family BlackRock
Category Target-Date Retirement
Performance Rating Average
Risk Rating High
Stock Exchange NASDAQ
Ticker Symbol LERAX
Index Index is not available on Lipper Database
LERAX had a total return of 9.88% in the past year, including dividends. Since the fund's
inception, the average annual return has been 4.94%.
