LERIX – BlackRock LifePath ESG Index Ret Instl Investment Strategy | Morningstar

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Strategy

The investment seeks to provide for retirement outcomes based on quantitatively measured risk. The fund allocates and reallocates its assets among a combination of equity and bond index funds, including those that seek to maximize exposure to companies with higher environmental, social and governance ("ESG") ratings as measured by MSCI, Inc., and money market funds (the "underlying funds") in proportions based on its own comprehensive investment strategy. Under normal circumstances, it invests primarily in affiliated open-end index funds and affiliated exchange-traded funds ("ETFs").

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
LERAX	BlackRock LifePath ESG Index Retirement Fund Investor A	No Load	Open			Aug 18, 2020	$502,267.00	0.500%	Average	$1,000	−$199,591.18
LERIX	BlackRock LifePath ESG Index Retirement Fund Institutional	Institutional	Open			Aug 18, 2020	$208,450.00	0.250%	Below Average	$2M	−$33,067.24
LERKX	BlackRock LifePath ESG Index Retirement Fund Class K	Retirement, Large	Open			Aug 18, 2020	$11.10M	0.200%	Low	$5M	−$3.88M

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