BLACKROCK MODEL PORTFOLIOS

Hi, my name is Justin Christofel, and I co-head the Income team at BlackRock and am lead portfolio manager for the Multi-Asset Income models. Our team designed the Multi-Asset Income model portfolios to help meet one simple outcome – generate attractive income and growth while managing risk.

To do that, it really comes down to diversification and staying nimble. That’s particularly critical in market environments that can rapidly shift between ultra-low rates and more compelling yields. So striking that balance between generating high levels of income and risk management can be a challenge. For example, even core bonds, which investors often view as “safe haven” investments, may not always provide downside protection or yields that outpace inflation. In other words, fixed income alone may not get you where you need to be, especially over a long retirement. That’s why for many investors its paramount to take a risk-aware multi-asset approach that tactically allocates to both fixed income and equity markets.

To achieve our objectives, the Multi-Asset Income models take a dynamic rebalancing approach and have an unconstrained investment universe that allows us to uncover opportunities across the globe. The beauty of working at BlackRock is that we have a deep bench of asset class specialist teams that we partner with and leverage for market views.

Our team takes these insights from around the world and weaves them into our portfolio construction process. Ultimately, we utilize tax- and cost-efficient ETFs from iShares and other third-party providers as the basis for our portfolios while utilizing active mutual funds to gain access to asset classes that are difficult to replicate through an ETF – for instance, covered calls or floating rate bank loans.

Our team has a long track record of managing income-oriented portfolios. The Multi-Asset Income model portfolios come in a variety of risk profiles and flavors, including tax-aware and open architecture options. Think of these as your one-stop shop for risk-managed income generation and growth over time.

We’re committed to helping you meet your financial and life goals. I’m Justin Christofel and this is Multi-Asset Income.