Target Date Explorer Comparison Report

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Request for Target Date Explorer^TM Comparison Report

Thank you for your interest. Please provide the information below and your BlackRock relationship manager will contact you to gather additional information. A customized target date fund comparison report will be delivered to you to share with institutional clients.

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Target Date Fund Information (up to three funds):

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Investing involves risk, including possible loss of principal.

Target Date Explorer^TM is designed to assist institutional and financial professionals (each, a “user”) who advise plans in evaluating target date funds. The Target Date Explorer^TM is not intended for use by the general public or plan participants.

These investment comparisons are for illustrative purposes only and are not meant to be comprehensive and should not be relied upon as a primary basis for an investment decision. To better understand the similarities and differences between investments, including investment objectives, risks, fees and expenses, it is important to read each fund’s respective prospectus, organizational or disclosure documents. There are structural and regulatory differences between collective investment funds and mutual funds that may affect their respective fees and performance.

Information presented in Target Date Explorer^TM is based on data that has been obtained from sources deemed by BlackRock to be reliable, but BlackRock is not responsible for its accuracy. Target Date Explorer^TM may be used as part of a comprehensive due diligence process, and should not be relied upon exclusively when evaluating various investment options.

Target Date Explorer^TM and output is not intended to be a recommendation or advice by BlackRock. If the Target Date Explorer^TM and output were construed to be a recommendation by BlackRock, BlackRock would seek to rely on Department of Labor Regulation Section 2510.3-21(c)(1). As such, by providing the Target Date Explorer^TM and output to you, an advisor or plan fiduciary that is independent of BlackRock, BlackRock does not undertake to provide impartial investment advice or give advice in a fiduciary capacity. Further, BlackRock receives revenue in the form of advisory fees for our mutual funds and exchange traded funds and management fees for our collective investment funds.

Prepared by BlackRock Investments, LLC, member FINRA

FOR FINANCIAL PROFESSIONAL USE ONLY. Not to be shown or distributed to clients or the general public.

©2019 BlackRock, Inc. All rights reserved. BLACKROCK and Target Date Explorer are registered and unregistered trademarks of BlackRock, Inc., or its subsidiaries in the United States and elsewhere. All other marks are the property of their respective owners.