BlackRock LifePath Index 2050 Fund (LIPIX)
BlackRock LifePath Index 2050 Fund operates in the Asset Management industry of the Financial Services sector, headquartered in San Francisco, CA, US. The stock last traded at $31.20, up 0.45% on the session, giving a market capitalisation of $12.83B. Its beta of 1.25 implies it has historically moved more than the broad market.
This fund strategically manages its portfolio by investing in a diverse mix of other investment vehicles, specifically equity index funds, fixed-income index funds, and money market funds. The proportions of these underlying holdings are periodically adjusted in line with the fund's distinct, overarching investment strategy. Typically, a significant portion—at least 80%—of its total assets will be channeled into securities or other financial instruments that either directly comprise or exhibit comparable economic attributes to those found within its bespoke benchmark, the LifePath Index 2050 Fund Custom Benchmark.
BlackRock LifePath Index 2050 Fund is most often compared with the following Financial Services names: