About MXENX
Empower Emerging Markets Equity Fund Institutional Class is an actively managed mutual fund that focuses on equities from emerging markets worldwide. Its primary objective is to achieve long-term capital appreciation by investing at least 80% of its net assets in equity securities, which may include common stocks and preferred shares, of companies that are based in, or have significant operations in, emerging market countries. The fund employs a diversified approach, allocating its assets across various sectors, with significant holdings in technology, financial services, and consumer sectors. Notable portfolio components include major firms such as Taiwan Semiconductor Manufacturing, Tencent Holdings, Samsung Electronics, and Alibaba Group, reflecting its emphasis on leading companies driving growth in emerging economies. Designed for institutional investors, this share class features a competitive expense ratio and a high portfolio turnover, allowing it to respond actively to shifting market conditions. The fund plays a vital role in providing access to the growth potential of developing regions, offering diversification benefits to broader investment portfolios and exposure to dynamic global trends.
Fund Family Empower Funds
Category Diversified Emerging Mkts
Performance Rating Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol MXENX
Share Class Institutional Class
Index MSCI EM (Emerging Markets) NR USD
MXENX had a total return of 40.93% in the past year, including dividends. Since the fund's
inception, the average annual return has been 6.74%.
