iShares Expands Core Allocation ETFs for Buy-and-Hold Investors

iShares recently expanded its Core ETF suite in order to offer investors and advisers a simpler way to build a diversified portfolio with just a single ETF, said Heather Pelant, Head of Personal Investing at BlackRock. She said the iShares Core Conservative Allocation ETF (AOK), for example, is an ETF filled with other iShares ETFs and has a 30%/70% stock/bond ratio that would be right for somebody in or near retirement. As for the iShares Core Moderate Allocation ETF (AOM), Pelant said its a 40%/60% stock/bond split, with further diversification across the fixed income spectrum.