About LIZIX
The BlackRock LifePath Index 2060 Fund Institutional Shares is a target-date mutual fund designed to support retirement planning for individuals targeting retirement around the year 2060. This fund operates as a globally diversified investment vehicle, allocating assets across a mix of broad-based equity and fixed income index funds to capture growth potential while managing risk. Over time, its asset allocation gradually shifts towards more conservative investments, reflecting the typical risk tolerance of an investor as they approach retirement. The fund seeks to provide retirement outcomes based on quantitatively measured risk, leveraging BlackRock’s expertise in index-based asset management. Notably, it invests in major global indexes representing large cap, small cap, and international equities, as well as domestic and global bonds, commodities, and real estate investment trusts. This approach ensures broad sector and geographic diversification. Institutional Shares serve large investors and retirement plans, offering competitive expense ratios and efficient portfolio management. The BlackRock LifePath Index 2060 Fund Institutional Shares are widely recognized for their robust structure, transparent glidepath strategy, and effectiveness as a core component in long-term retirement portfolios, reflecting their importance in the defined contribution and retirement investment landscape.
Fund Family BlackRock
Category Target-Date 2060+
Performance Rating Above Average
Risk Rating High
Stock Exchange NASDAQ
Ticker Symbol LIZIX
Index Index is not available on Lipper Database
LIZIX had a total return of 22.76% in the past year, including dividends. Since the fund's
inception, the average annual return has been 12.25%.
