MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Tuesday, October 2, 2012 BlackRock Targets Alternatives with Its Target-Date Mutual Fund Series As of Nov. 27, the name BlackRock Prepared Portfolios will be no longer. Instead, the funds will reemerge as the LifePath Active Portfolios, with a stronger focus on alternatives investments, according to a recent SEC filing. In particular, the Active Portfolios have also upped its investments in real estate with several new underlying fund additions. Both iShares Cohen & Steers Realty Majors Index Fund and iShares FTSE EPRA/NAREIT Developed Real Estate ex-U.S. Index Fund invest in REITs and FTSE investing in real estate markets in developed countries. Meanwhile, BlackRock Commodity Strategies Fund was also designated an eligible underlying fund for the portfolios. In line with the increase in real estate investing, the target-date funds will measure its performance against several new indices, including MSCI ACWI ex US IMI Index and FTSE EPRA/NAREIT Developed Real Estate Index. The newly named portfolios will devote 38 percent to equity and 62 percent to fixed income by retirement date. All institutional shares have been redesignated Class K Shares. Read our sister publication 401kWire's coverage of this story here. Printed from: MFWire.com/story.asp?s=41479 Copyright 2012, InvestmentWires, Inc. All Rights Reserved |