BlackRock (BLK) boasts one heck of a stable of mutual funds, and … well, even if you’re not necessarily a fan of BlackRock funds in particular, you have to recognize that they do offer some compelling products.
You see, as a self-directed investor and editor of The Relevant Investor newsletter, I follow and track funds and fund families that offer low-cost mutual funds and ETFs available to those that make their own decisions on asset allocations and specific investments.
But the fact of the matter is that not everyone sees the world as I do — and that means that many seek out financial advisers for all or part of their investing needs. In this world, BlackRock funds stand out as a clear success story.
BlackRock was founded in 1988 and has grown into a large, diverse global firm that can boast assets under management in excess of $4.3 trillion.The BlackRock funds family includes 200 open-ended mutual funds. Meanwhile, the firm employs more than 10,000 people and has achieved a huge following for its iShares ETF products.
All mutual funds are adviser-sold, but there are multiple share classes and the amount of commission charged will decline based on the size of the purchase. In this comparison, Class A shares have been analyzed — but consult your adviser and negotiate your best price on the funds that fit your individual financial circumstance.