iShares LifePath Retirement ETF (IRTR)
iShares LifePath Retirement ETF operates in the Asset Management industry of the Financial Services sector, headquartered in San Francisco, CA, US. The stock last traded at $31.45, down 0.02% on the session, giving a market capitalisation of $57.9M. Its beta of 0.46 implies it has historically moved less than the broad market.
IRTR is an actively managed fund-of-funds designed for investors expecting to retire or begin withdrawing assets in the near future. It seeks to provide retirement outcomes based on a quantitatively measured risk that investors are willing to accept, given a particular time horizon. The fund adviser employs a multi-dimensional approach that quantifies risk using proprietary measurement tools that analyze historical and forward-looking market data. Underlying funds are selected based on their classifications, historical risk and performance, and relationship to other underlying funds. The fund primarily invests in affiliated, index-tracking ETFs that hold diversified portfolios of stocks, bonds, and money market instruments. IRTR is in its most conservative phase. However, its allocation may change in order to maintain the funds risk profile. This is the fund serves as the most conservative asset allocation in the suite. As other funds reach their retirement date, the remaining assets are rolled into IRTR.
iShares LifePath Retirement ETF is most often compared with the following Financial Services names: