About GPMIX
GuidePath Multi-Asset Income Allocation Fund Service Class is a multi-asset mutual fund designed to maximize current income while moderating risk and volatility. Managed by a team of investment professionals, the fund employs a diversified investment approach, allocating assets across various income-generating securities such as stocks, bonds, and cash equivalents. Its primary objective is to generate a steady income stream for investors, with capital appreciation as a secondary goal. The fund typically maintains a balanced portfolio within the global moderate allocation category, meaning it generally limits exposure to U.S. securities to no more than 75% of assets, reflecting a blend of domestic and international holdings. This diversified structure aims to strike a balance between income generation, growth potential, and capital preservation, appealing to investors seeking moderate risk and consistent returns. The fund plays a significant role in portfolios that require a combination of regular income and controlled exposure to market fluctuations, making it suitable for those prioritizing a mix of stability and growth in a single investment vehicle.
Fund Family GuidePath
Category Alt Global Macro
Performance Rating Below Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol GPMIX
Share Class Service Shares
Index Index is not available on Lipper Database
GPMIX had a total return of 14.13% in the past year, including dividends. Since the fund's
inception, the average annual return has been 5.11%.
