WBRLMX

About WBRLMX

BlackRock LifePath Index 2045 Fund Fee Class 35 is a target-date collective investment trust designed for investors planning to retire around 2045. It pursues a diversified, index-based asset allocation that shifts along a predefined glidepath—maintaining a higher equity exposure in early years and gradually increasing fixed income and other defensive assets as the target date approaches—to balance long-horizon growth with declining risk over time. The portfolio is implemented through low-cost index building blocks spanning U.S. large-cap equities, international equities, real estate, investment-grade credit, and U.S. government and securitized bonds, with notable weights in broad U.S. equity and total international equity exposures. The strategy aims to track a custom benchmark that reflects its strategic mix and rebalancing framework, emphasizing transparent, rules-based implementation rather than active security selection. Within the target-date landscape, it serves as a core, age-based solution for defined contribution plans and individual retirement savers seeking systematic, lifecycle diversification managed by BlackRock’s multi-asset team.