iShares LifePath Target Date 2040 ETF

iShares LifePath Target Date 2040 ETF is an actively managed target-date ETF designed for investors expecting to retire or begin withdrawing assets around 2040. The fund uses a fund-of-funds approach, building diversified exposure through underlying iShares ETFs across U.S. and international stocks, bonds, and money market instruments. Its portfolio is constructed to emphasize growth in earlier years and gradually shift toward capital preservation as the target date approaches. This glide path makes the fund a packaged retirement allocation solution rather than a single-asset holding. iShares LifePath Target Date 2040 ETF is used by investors seeking a broad, professionally managed portfolio that automatically adjusts over time to align with a long-term retirement horizon.