About GMGYX
GuideStone Funds MyDestination 2055 Fund Institutional Class is a target-date mutual fund designed to help investors prepare financially for retirement around the year 2055. This fund primarily invests in a diversified mix of underlying GuideStone Funds, which span various asset classes including U.S. equities, international equities, fixed income, real assets, and cash equivalents. Its asset allocation follows a predefined 'glide path,' initially favoring growth-oriented investments such as equities, and gradually shifting towards a more conservative mix—incorporating more fixed income and capital preservation strategies—as the target retirement date approaches.
The fund’s structure is tailored for investors planning to retire at or near 2055, with allocations progressively adjusting even after the target date, typically up to 15 years post-retirement. Notable features include broad global diversification, professional management, and risk balancing over time. With institutional share class characteristics, the fund requires a significant minimum investment and features a competitive expense ratio. In the financial market, it serves as a comprehensive retirement planning vehicle, offering long-term capital appreciation and income potential through a single, continually evolving investment solution.
Fund Family GuideStone Funds
Category Target-Date 2055
Performance Rating Average
Risk Rating Low
Stock Exchange NASDAQ
Ticker Symbol GMGYX
Share Class Institutional
Index Bloomberg U.S. Treasury 1-3 Y TR
GMGYX had a total return of 19.49% in the past year, including dividends. Since the fund's
inception, the average annual return has been 11.16%.
