BlackRock LifePath Index 2035 Fund

The fund dynamically manages its portfolio by allocating and reallocating capital across a mix of underlying investment vehicles. These include index funds focused on equities and fixed income, as well as money market funds, with the distribution guided by the fund's comprehensive investment approach. Typically, at least 80% of its holdings will be invested in securities or other financial instruments that either directly constitute or possess economic attributes comparable to those found in its specific benchmark, known as the LifePath Index 2035 Fund Custom Benchmark.