About GMHYX
The GuideStone Funds MyDestination 2035 Fund Institutional Class is a target-date mutual fund designed to serve investors planning to retire around the year 2035. Its primary function is to provide a diversified investment solution that automatically adjusts its asset allocation over time. The fund invests in a range of GuideStone Select Funds, offering exposure to multiple asset classes including U.S. equities, international equities, fixed income, real assets, and cash. This blend is strategically managed along a predetermined glide path, gradually shifting from higher-risk, growth-oriented holdings to more conservative investments as the target retirement date approaches and extending for about 15 years beyond that date.
Notable features of the fund include its multi-manager structure, exposure to both domestic and global markets, and an emphasis on balancing capital appreciation with income generation as retirement nears. With a portfolio that dynamically reallocates assets, the fund plays a significant role in retirement planning, providing a one-stop investment vehicle for individuals seeking disciplined, professional management of their retirement savings.
Fund Family GuideStone Funds
Category Target-Date 2035
Performance Rating Average
Risk Rating Below Average
Stock Exchange Nasdaq
Ticker Symbol GMHYX
Share Class Institutional
Index Bloomberg U.S. Treasury 1-3 Y TR
GMHYX had a total return of 10.82% in the past year, including dividends. Since the fund's
inception, the average annual return has been 8.66%.
