BLACKROCK LIFEPATH SMART BETA 2060 FUND — new fund registration

BlackRock Funds II registered 1 new fund series on Form 485APOS, filed 2017-03-17. Featured series: BLACKROCK LIFEPATH SMART BETA 2060 FUND.

Registration

Registrant / trust: BlackRock Funds II
CIK: 0001398078
Form: 485APOS
Filed: 2017-03-17
State of incorporation: MA
Accession: 0001193125-17-087444
Reported net assets: $2.0M

Series & classes (4)

Series	Class	Ticker	New
BLACKROCK LIFEPATH SMART BETA 2060 FUND	INVESTOR A SHARES	—	Yes
BLACKROCK LIFEPATH SMART BETA 2060 FUND	R SHARES	—	Yes
BLACKROCK LIFEPATH SMART BETA 2060 FUND	INSTITUTIONAL SHARES	—	Yes
BLACKROCK LIFEPATH SMART BETA 2060 FUND	K SHARES	—	Yes

Fees (from the effective prospectus)

12b-1 fee: 0.25%
Gross expense ratio: 14.11%
Management fee: 0.00%
Net expense ratio: 0.59%
Other expenses: 13.62%

Investment objective

The investment objective of BlackRock LifePath ® Smart Beta 2060 Fund (the “LifePath Smart Beta 2060 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)