manager in the world helping millions of people and the world s biggest institutions and governments reach their investing goals . source blackrock . based on 4.89 trillion in aum as of 6 30 16 blackrock blackrock mutual funds mutual funds ishares etfs ishares etfs closed end funds closed end funds insights insights advisor center advisor center retirement retirement investing blog investing blog ishares ishares find an etf find an etf about etfs about etfs why etfs why etfs our firm our firm about us about us newsroom newsroom investor relations investor relations public policy public policy responsibility responsibility careers careers contact us contact us institutions institutions investment ideas investment ideas insights insights our clients our clients blackrock solutions blackrock solutions aladdin aladdin financial markets advisory financial markets advisory engineering blog engineering blog follow us our company and sites united states select country united states australia belgi brasil canada chile china colombia danmark deutschland dubai ifc espa a france hong kong india sland israel italia japan korea latin america & iberia magyarorsz g m xico middle east nederland norge sterreich polska portugal singapore south africa suomi sverige schweiz taiwan united kingdom united states location not listed sign in financial professionals blackrock site advisor central at bny mellon individual investors marketing subscriptions mutual fund & 529 accounts institutional investors institutional client login sites see more accounts products insights retirement resources financial professionals by type mutual fundsishares etfsclosed end funds more products & resources target date fundscori funds529 college saving plansclosed end funds resourcesvariable insurance fundsmanaged accountsalternative investmentscash and liquidity productsresearch models featured product multi asset income fund by type featured insightseconomic outlookfixed incomeequitiesmulti asset investment ideas bondsincomegrowthfactor investing featured insights blackrock investment institute planning retirement fundamentals research & insights blackrock retirement institute featured resource reframe the retirement problem financial advisors only account access & forms account accessforms and applications more resources literatureshare classes and loadstax informationeducationtools and calculators featured tool morningstar hypothetical tool portfolio comparison for advisors professionals advisor centerregistered investment advisorsprivate banksdefined contributioninstitutions exclusive resources iretire by blackrockblackrock portfolio solutions navigating the dol fiduciary rule resources for building better portfolios after the rule sign in select country select country preparing for the election investing amid election uncertainty explore blackrock s latest perspectives and analysisread more explore blackrock the building blocks of your financial future.i want to build a core investment portfolio build a core investment portfolio build a minimum volatility portfolio build a retirement portfolio build a college savings plan explore find a fund select product type mutual funds closed end funds etfs alternative investments global weekly commentary what firmer oil prices mean for markets oct 10 richard turnill read our weekly commentary to find out the market impact of higher oil prices . read more low cost fixed income blackrock quality at an even lower cost blackrock get the blackrock fixed income quality you expect now at an even lower cost.read more social video will the 2016 election impact your investments rob kapito discusses investorpulse findings cbsthismorning blackrock featured chart earning an attractive yield takes more than double the risk blackrock income investors are being pushed to extremes . they are hoarding cash and at the same time reaching for yield . learn more tools & calculators access tools for portfolio construction retirement planning and more portfolio constructions & analysis retirement and planning tools etf analysis tools view all tools advisor center access the advisor center iretire model portfolios business builders view all options people of blackrock bo lu co founder and ceo futureadvisor at blackrock anything is possible . you have an idea in the morning and a plan in motion that afternoon to impact our clients lives . view profile people of blackrock samara cohen u.s. head of ishares capital markets we are in very early stages of what i think is the etf revolution and how etfs will really transform financial markets . view profile people of blackrock rick rieder chief investment officer of global fixed income here you can think in different ways . the resources research world class technology ; you can manage money in a more efficient way . view profile products mutual funds ishares etfs closed end funds target date funds cori funds 529 college saving plans closed end funds resources variable insurance funds managed accounts alternative investments cash and liquidity products research models insights featured insights economic outlook fixed income equities multi asset bonds income growth factor investing retirement retirement fundamentals blackrock retirement institute resources account access forms and applications literature share classes and loads tax information education tools and calculators financial professionals advisor center registered investment advisors private banks defined contribution institutions iretire by blackrock blackrock portfolio solutions contact us terms & conditions privacy policy business continuity press center careers finra brokercheck 2016 blackrock inc. all rights reserved . it takes more than double the risk to earn an attractive yield today claim based on risk for hypothetical portfolios designed for a 3 % 4 % or 5 % yield in 2015 compared to 10 years ago . risk in a hypothetical portfolio designed for 3 % yield was 3.49 % in 15 vs. 0.87 % in 05 300 % more risk for 4 % yield was 4.74 % in 15 vs. 1.67 % in 05 183 % more risk and for 5 % yield was 6.54 % in 15 vs. 2.76 % in 05 140 % more risk . source morningstar . as of 12 31 2015 . risk represented by 10 year annualized standard deviation . allocations to hypothetical 3 % income portfolio 2005 81 % money funds 19 % core bonds ; 2015 84 % core 16 % high yield bonds . hypothetical 4 % income portfolio 2005 55 % money funds 30 % core 15 % high yield ; 2015 63 % core ; 37 % high yield . hypothetical 5 % income portfolio 2005 30 % money funds 40 % core 30 % high yield ; 2015 41 % core 59 % high yield . money funds core and high yield represented by the morningstar taxable money market funds category barclays aggregate bond index and barclays high yield 2 % issuer capped high yield index respectively . 2016 blackrock inc. all rights reserved . blackrock blackrock solutions build on blackrock aladdin ishares ibonds factorselect ithinking ishares connect fund frenzy lifepath so what do i do with my money investing for a new world built for these times the ishares core graphic cori and the cori logo 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 . usr 9801