LifePath Active 2055 Portfolio — new fund registration

BlackRock Funds II registered 1 new fund series on Form 485APOS, filed 2012-12-14. Featured series: LifePath Active 2055 Portfolio.

Registration

Registrant / trust: BlackRock Funds II
CIK: 0001398078
Form: 485APOS
Filed: 2012-12-14
State of incorporation: MA
Accession: 0001193125-12-503336
Reported net assets: $8.2M

Series & classes (4)

Series	Class	Ticker	New
LifePath Active 2055 Portfolio	Investor A Shares	—	Yes
LifePath Active 2055 Portfolio	Institutional Shares	—	Yes
LifePath Active 2055 Portfolio	Class R Shares	—	Yes
LifePath Active 2055 Portfolio	Class K Shares	—	Yes

Fees (from the effective prospectus)

12b-1 fee: 0.25%
Gross expense ratio: 3.08%
Management fee: 0.00%
Net expense ratio: 0.58%
Other expenses: 2.60%

Investment objective

The investment objective of BlackRock LifePath ® Smart Beta 2055 Fund (the “LifePath Smart Beta 2055 Fund” or the “Fund”), a series of BlackRock Funds II (the “Trust”), is to seek to provide for retirement outcomes based on quantitatively measured risk. In pursuit of this objective, the Fund will be broadly diversified across global asset classes, with asset allocations becoming more conservative over time.

Advisers

BlackRock Advisors, LLC (Advisor)