BlackRock LifePath Index 2070 Fund — new fund registration

BlackRock Funds III registered 1 new fund series on Form 485APOS, filed 2024-05-22. Featured series: BlackRock LifePath Index 2070 Fund.

Registration

Registrant / trust: BlackRock Funds III
CIK: 0000893818
Form: 485APOS
Filed: 2024-05-22
State of incorporation: DE
Accession: 0001193125-24-144836
Reported net assets: $85.9M

Series & classes (4)

Series	Class	Ticker	New
BlackRock LifePath Index 2070 Fund	Class K	—	Yes
BlackRock LifePath Index 2070 Fund	Investor A	—	Yes
BlackRock LifePath Index 2070 Fund	Institutional	—	Yes
BlackRock LifePath Index 2070 Fund	Class P	—	Yes

Fees (from the effective prospectus)

12b-1 fee: 0.00%
Gross expense ratio: 0.27%
Management fee: 0.05%
Net expense ratio: 0.09%
Other expenses: 0.18%

Investment objective

The investment objective of BlackRock LifePath Index 2070 Fund (LifePath Index 2070 Fund or the Fund), a series of BlackRock Funds III (the Trust), is to seek to provide for retirement outcomes based on quantitatively measured risk. In pursuit of this objective, LifePath Index 2070 Fund will be broadly diversified across global asset classes, with asset allocations becoming more conservative over time.

Advisers

BlackRock Fund Advisors (Advisor)