BlackRock LifePath Index 2070 Fund K

BlackRock LifePath Index 2070 Fund K is a target date mutual fund designed primarily for investors planning to retire or begin withdrawing assets around the year 2070. The fund employs a passive investment strategy, allocating assets broadly across global equity and fixed income markets to maximize diversification and manage risk over time. Early in its lifecycle, the fund maintains a high equity exposure—approximately 99%—which gradually decreases as the target retirement year approaches, reaching about 40% in equity allocation at retirement. This approach allows the fund to pursue long-term growth in its early years and shift toward capital preservation closer to retirement. The portfolio is constructed from a mix of underlying BlackRock index funds and ETFs, with significant allocations to large-cap U.S. equities, international stocks, and smaller portions in real estate and credit markets. Notable holdings include the BlackRock Russell 1000 Index Fund, iShares MSCI Total International Stock ETF, and BlackRock Small Cap Index Fund. The fund is structured to provide broad market exposure, automatic risk adjustment, and cost efficiency, making it suitable for inclusion in employer-sponsored retirement plans and individual retirement portfolios.