About MXGSX
The Empower Large Cap Growth Fund Institutional Class is a mutual fund focused on achieving long-term capital growth by investing primarily in the equity securities of large-capitalization companies. Targeting firms with market capitalizations of $4 billion or more, the fund employs both fundamental and quantitative analysis, utilizing a bottom-up stock selection approach. Its portfolio is diversified across multiple sectors, with a particular emphasis on growth-oriented companies, and often includes prominent holdings in technology, consumer cyclical, communication services, healthcare, and financial services. Key portfolio constituents frequently include leading names such as Microsoft, Amazon, Alphabet, NVIDIA, and Apple, reflecting a strong bias toward innovative and high-growth businesses.
The fund is co-managed by Empower Capital Management, J.P. Morgan Investment Management, and Amundi Asset Management, and benchmarks its performance against the Russell 1000 Growth Index and the broader Russell 1000 Index. With an expense ratio that is competitive within its peer group, the fund is designed for investors seeking exposure to the growth dynamics of major U.S. corporations. The institutional share class is tailored for larger investors, offering cost advantages and broader sector diversification, while maintaining a disciplined strategy geared toward capital appreciation over time.
Fund Family Empower Funds
Category Large-Cap Growth
Performance Rating Average
Risk Rating Below Average
Stock Exchange Nasdaq
Ticker Symbol MXGSX
Share Class Institutional Class
Index Russell 1000 Growth TR
MXGSX had a total return of 6.26% in the past year, including dividends. Since the fund's
inception, the average annual return has been 14.77%.
