About LIKPX
BlackRock LifePath Index 2040 Fund Investor P is a target-date mutual fund designed for investors aiming to retire around the year 2040. Its primary function is to offer a diversified, professionally managed portfolio that adjusts its asset allocation over time following a predetermined glidepath. As the target retirement date approaches, the fund gradually shifts its focus from growth-oriented investments, such as global equities, toward more conservative assets like bonds and other fixed income securities, aiming to reduce portfolio risk while addressing the evolving needs of investors as they move closer to retirement.
The fund invests predominantly in underlying BlackRock index funds and exchange-traded funds, granting exposure to a wide range of sectors and regions, including U.S. large-cap stocks, international equities, real estate, and various fixed income instruments. This broad diversification helps manage risk and pursue capital appreciation in the early years, followed by capital preservation in later stages. The LifePath Index 2040 Fund is significant within the retirement planning landscape, serving both individual and institutional investors seeking a streamlined, all-in-one solution to accumulate and manage retirement assets over a long time horizon.
Fund Family BlackRock
Category Target-Date 2040
Performance Rating Average
Risk Rating Average
Stock Exchange Nasdaq
Ticker Symbol LIKPX
Index Index is not available on Lipper Database
LIKPX had a total return of 11.05% in the past year, including dividends. Since the fund's
inception, the average annual return has been 8.83%.
