About MXBQX
Empower Lifetime 2050 Fund Service Class is a target-date allocation mutual fund designed for investors planning to retire around 2050, typically at age 65. It seeks capital appreciation and income consistent with its current asset allocation, with a glide path that shifts toward income generation and secondary capital growth after the target date. The fund achieves its objectives by investing in a professionally selected mix of underlying funds managed through both active and passive strategies, partnering with multiple asset managers for expertise across asset classes. Key holdings include funds focused on S&P 500 index, international equities, mid-cap value, large-cap growth, and emerging markets equity, providing exposure to large-cap stocks, international markets, and emerging economies. This diversified approach supports long-term retirement planning by automatically adjusting the asset mix over time to balance growth and preservation. Managed by Empower Capital Management, LLC, and headquartered in Greenwood Village, Colorado, the fund serves as a structured vehicle in retirement portfolios, catering to investors seeking a hands-off strategy aligned with their retirement timeline.
Fund Family Empower Funds
Category Target-Date 2050
Performance Rating Low
Risk Rating Average
Stock Exchange Nasdaq
Ticker Symbol MXBQX
Share Class Service Class
Index MSCI AC World NR USD
MXBQX had a total return of 13.29% in the past year, including dividends. Since the fund's
inception, the average annual return has been 9.54%.
