About MURLX
The MoA Clear Passage 2040 Fund is a target-date mutual fund designed to help investors save for retirement or other long-term goals centered around the year 2040. Its asset allocation strategy is structured to evolve over time, shifting from a more growth-oriented mix of equities to a more conservative allocation with higher fixed income exposure as the target date approaches. Early on, the fund emphasizes active management across small-cap, mid-cap, international equity, and fixed income classes, while employing passive management for large-cap equities to balance cost efficiency with market exposure. The fund’s glidepath continues for ten years beyond the target date, reflecting the need for ongoing risk management as investors transition into retirement. Once this post-target period concludes, assets are transferred into a dedicated retirement income fund, ensuring continued income generation and capital preservation. Managed by Mutual of America Capital Management, the fund is structured as a fund-of-funds, offering a diversified, professionally managed solution that simplifies asset allocation decisions as investors age. With its dynamic risk management and low expense ratio, the MoA Clear Passage 2040 Fund plays a vital role in retirement planning for individuals targeting retirement around 2040.
Fund Family Mutual of America
Category Target-Date 2040
Performance Rating Above Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol MURLX
MURLX had a total return of 15.70% in the past year, including dividends. Since the fund's
inception, the average annual return has been 52.17%.
