About LIZAX
BlackRock LifePath Index 2060 Fund is a target-date mutual fund designed to provide a comprehensive retirement solution for individuals expecting to retire around the year 2060. Its primary function is to allocate investments across a broad range of global asset classes—including equities, bonds, real estate, and money market instruments—with allocations that automatically become more conservative as the target retirement year approaches. This shifting strategy, known as a "glide path," helps manage market, longevity, inflation, and behavioral risks over an investor’s lifecycle.
The fund stands out for its use of passively managed index funds, ensuring diversified exposure to domestic and international stocks and bonds, and even extends to sectors like real estate and commodities by tracking relevant indices. Managed by BlackRock’s asset allocation professionals, it is structured to help participants accumulate assets in their early years and preserve capital as retirement nears. With a strong presence in major equity sectors such as technology, financial services, consumer cyclical, and healthcare, the fund is significant for its scale and disciplined, quantitative approach to risk management.
Fund Family BlackRock
Category Target-Date 2060+
Performance Rating Above Average
Risk Rating High
Stock Exchange Nasdaq
Ticker Symbol LIZAX
Index Index is not available on Lipper Database
LIZAX had a total return of 16.06% in the past year, including dividends. Since the fund's
inception, the average annual return has been 11.58%.
