New Program Designed to Inspire Greater Commitment to Long-Term
Investing
BlackRock announced today the launch of the iShares Future
Baller$ Program supporting top-ranked U.S. men’s professional
basketball prospects as they work to achieve long-term financial
well-being. The iShares Future Baller$ team includes five of the
game’s most promising new stars: Bennedict Mathurin, E.J. Liddell,
Jaden Hardy, Jaden Ivey, and Jalen Duren.
“On the court, these players have captivated fans with their
extraordinary athleticism and commitment to reaching the pinnacle
of their sport,” Armando Senra, Head of Americas ETF and Index
Business at BlackRock said. “We are excited to launch the
iShares Future Baller$ Program, which reflects our purpose to help
more and more people experience financial well-being. Through this
program, the players are demonstrating a commitment to playing the
financial long game and taking steps to inspire all investors to
take control of their financial futures.”
The iShares Future Baller$
Program
As part of the iShares Future Baller$ team, each player has
dedicated a set portion of their total iShares sponsorship
compensation to an investment portfolio and will participate in an
individual financial coaching session with personal finance expert
and iShares Future Baller$ coach, Lauren Simmons.
During the financial coaching sessions, Ms. Simmons and the
players will discuss their relationship with investing and Ms.
Simmons will educate the players on financial wellness principles.
Ms. Simmons was one of the youngest Black women to become a
full-time trader working on the floor of the New York Stock
Exchange (the “NYSE”).
“These up-and-coming players are entering a phase in their lives
where familiarity with core investing concepts will be imperative,”
Ms. Simmons, personal finance expert, said. “I’m thrilled to be
working with iShares to empower these talented individuals to join
the next generation of investors. I hope our work together inspires
others to take steps to improve their own financial wellness.”
Investors seeking to learn alongside the iShares Future Baller$
team and invest using iShares ETFs can access and purchase over 350
iShares ETFs commission free on Fidelity Investments, the official
brokerage service provider of the iShares Future Baller$
Program.
Economic Uncertainty Underscores
Importance of Long-Term Investing
Undeterred by the financial upheaval caused by the pandemic, a
surge of first-time investors entered the market. Estimates
indicate that roughly 40 million new self-directed investment
accounts were opened globally since 2020, and the 30 million new
accounts opened in the U.S. alone surpasses the total from the
prior decade.1
Yet, according to a May 2022 survey of 1,000 Americans,
BlackRock found that less than 1 in 3 Americans feel confident in
their investing knowledge. 88% said they would like to take a more
long-term approach to investing and 91% conceded it is easy to be
misled by short-term gains.2 Moreover, today’s investing
environment—characterized by increased volatility, steep inflation,
rising interest rates, and fears of a recession—has challenged
investors’ confidence in the long-term.
Among the new generation of investors are professional
basketball players, who have also demonstrated a greater interest
in planning for their long-term financial future and emerged as
role models in the business realm—making investments that last well
beyond their time on the court.3 But like millions of Americans,
many new players are only beginning to learn how to build for their
financial future. The iShares Future Baller$ Program sets out to
inspire greater commitment to long-term investing for all
investors.
About iShares
iShares unlocks opportunity across markets to meet the evolving
needs of investors. With more than twenty years of experience, a
global line-up of 900+ exchange traded funds (ETFs) and $3.15
trillion in assets under management as of March 31, 2022, iShares
continues to drive progress for the financial industry. iShares
funds are powered by the expert portfolio and risk management of
BlackRock.
About BlackRock
BlackRock’s purpose is to help more and more people experience
financial well-being. As a fiduciary to investors and a leading
provider of financial technology, we help millions of people build
savings that serve them throughout their lives by making investing
easier and more affordable. For additional information on
BlackRock, please visit www.blackrock.com/corporate | Twitter:
@blackrock | LinkedIn: www.linkedin.com/company/blackrock
Carefully consider the Funds' investment objectives, risk
factors, and charges and expenses before investing. This and other
information can be found in the Funds' prospectuses or, if
available, the summary prospectuses which may be obtained by
visiting www.iShares.com or www.blackrock.com. Read
the prospectus carefully before investing.
Investing involves risk, including possible loss of
principal.
This information should not be relied upon as research,
investment advice, or a recommendation regarding any products,
strategies, or any security in particular. Additionally, this
material does not constitute an offer of any security. This
material is strictly for illustrative, educational, or
informational purposes and is subject to change.
Prepared by BlackRock Investments, LLC (“BRIL”), member FINRA.
BRIL is not affiliated with Fidelity Investments or any of its
affiliates.
©2022 BlackRock, Inc. All rights reserved. iSHARES and
BLACKROCK are trademarks of BlackRock, Inc. or its
subsidiaries in the United States and elsewhere. All other marks
are the property of their respective owners.
www.linkedin.com/company/blackrock
About Fidelity Investments
Fidelity’s mission is to inspire better futures and deliver
better outcomes for the customers and businesses we serve. With
assets under administration of $ 10.5 trillion, including
discretionary assets of $4.0 trillion as of April 30, 2022, we
focus on meeting the unique needs of a diverse set of customers.
Privately held for over 75 years, Fidelity employs more than 58,000
associates who are focused on the long-term success of our
customers. For more information about Fidelity Investments, visit
https://www.fidelity.com/about-fidelity/our-company.
1 Second Annual iShares Report on Investor
Progress.
2 Pollfish survey of U.S. investors, May
2022. N=1000.
3 Business Insider. “NBA stars like Kevin
Durant and Kyle Lowry are increasingly pouring money into startups
for the thrill of investing and a chance to break down barriers for
people of color.” March 14, 2021.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20220614005400/en/
MEDIA
Paige Hofman paige.hofman@blackrock.com 212.810.3368
Tim Quinn timothy.quinn@edelman.com 646.258.2308
Guy King guy.king@edelman.com 917.471.5708
BlackRock (NYSE:BLK)
Gráfico Histórico do Ativo
De Mar 2024 até Abr 2024
BlackRock (NYSE:BLK)
Gráfico Histórico do Ativo
De Abr 2023 até Abr 2024