BlackRock Inc. (BLK - Free Report) is the world’s largest asset management corporation with over $238 billion worth of assets under management (excluding money market assets). It caters to institutional, intermediary and individual investors through a wide range of products and services. It offers an array of risk management, strategic advisor and enterprise investment system services.
BlackRock’s offerings range from individual and institutional separate accounts to mutual funds and other pooled investment options. In order to strike a balance between risk and opportunities, BlackRock aims to provide a wide range of investment solutions to its clients.
Below we share with you three top-rated BlackRock funds. Each has earned a Zacks Mutual Fund Rank #1 (Strong Buy) and is expected to outperform its peers in the future. Investors can click here to see the complete list of BlackRock funds, their Zacks Rank and past performance.
BlackRock Large Cap Growth Investor C (MCLHX - Free Report) invests the majority of its assets in domestic large capitalization companies through Master Growth Portfolio. MCLHX invests in those companies that are selected by BlackRock from the Russell 1000 Growth Index. BlackRock Large Cap Growth Investor C has a three-year annualized return of 11.3%.
Peter Stournaras is the portfolio manager of MCLHX since 2010.
BlackRock LifePath Index 2020 K (LIMKX - Free Report) seeks to provide retirement outcomes based on quantitatively measured risk. LIMKX invests its assets in a series of Master Investment Portfolio that allocates its assets in a combination of equity and bond index funds along with money market funds. BlackRock LifePath Index 2020 K has a three-year annualized return of 6.3%.
LIMKX has an expense ratio of 0.11% compared with the category average of 0.4%.
Managed Account Mid Cap Value Opportunities invests a major portion of its assets in equities of companies having a market capitalization within the universe of the S&P MidCap 400 Value Index. MMCVX may invest not more than 30% in non-U.S. firms. The fund may also consider non-dollar denominated securities for investment. Managed Account Mid Cap Value Opportunities has a three-year annualized return of 8.9%.
As of July 2016, MMCVX held 124 issues with 1.62% of its assets invested in LTC Properties Inc.
To view the Zacks Rank and past performance of all BlackRock funds, investors can click here to see the complete list of funds.
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