BlackRock LifePath 2040 Portfolio Institutional Shares (STLEX)

19.01
Net Asset Value
-0.11%
1 Day
+3.48%
Year-to-Date
Overall Morningstar Rating
Target date 2036-2040
Style or Category
No Load
Sales Expenses
1.18%
Expense Ratio
Below Average
Morningstar Risk Rating™
Investment Objective The investment seeks to provide for retirement outcomes based on quantitatively measured risk. The fund invests all of its assets in the 2040 Master Portfolio which allocates and reallocates its assets among a combination of the equity, bond and money market funds. As of March 31, 2014, LifePath 2040 Portfolio held approximately 80% of its assets in underlying funds that invest primarily in equity securities, 20% of its assets in underlying funds that invest primarily in bonds and the remainder of its assets in underlying funds that invest primarily in money market instruments.

Performance

1 month+2.70% 3 years+10.22%
3 months+1.74% 5 years+10.37%
1 year+7.71% Since inception+7.46%
Data through --

Peer Comparisonvs. Target date 2036-2040

 STLEXCategory
Performance 5-yr return+10.37%+9.83%
Expense ratio1.18%1.03%
Risk 5 year sharpe ratio0.840.88
Net assets$709.3M$1.4B
Average market cap$27.1B$32.3B
Average P/E16.617.7
Portfolio turnover26%26%

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Fund Management and Purchase Info

Fund familyBlackRock
Fund manager & tenureAlan Mason / 5 Years
Minimal initial investment$2,000,000.00
Minimum IRA investment$2,000,000.00

Holdings

U.S. stock52.98%
International stock34.60%
Fixed income7.74%
Cash4.50%
Other0.17%
Top 5 Sectors
Portfolio weighting
Financial service 25.58%
Industrial materials 13.44%
Energy 10.06%
Healthcare 10.00%
Consumer goods 9.26%
Top 10 Holdings
Portfolio weighting
-- 28.84%
-- 18.02%
-- 17.85%
ICF iShares Cohen & Steers REIT ETF6.51%
BCRAX BlackRock CoreAlpha Bond Fund Investor A Shares6.16%
MADCX BlackRock Emerging Markets Fund Institutional Shares5.54%
IFGL iShares International Developed Real Estate ETF5.45%
-- 3.87%
SCZ iShares MSCI EAFE Small-Cap ETF2.65%
MDSKX BlackRock Small Cap Index Fund Investor A Shares2.38%

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