About MXIGX
Empower International Growth Fund Investor Class is a mutual fund designed to provide long-term capital appreciation by investing primarily in equities of companies outside the United States. The fund typically allocates at least 80% of its net assets to common stocks and related securities of foreign issuers, including those in emerging markets, and seeks exposure across at least three different countries. It falls within the Foreign Large Growth category, emphasizing large-cap stocks with growth potential. The portfolio is diversified across sectors, with notable holdings in technology, healthcare, consumer defensive, and industrials, featuring companies such as ASML Holding, Novo Nordisk, and Nestle. The fund maintains a relatively high turnover rate and charges a total expense ratio of 1.20%. With a history dating back to 2003, Empower International Growth Fund Investor Class plays a significant role for investors aiming to participate in international developed and emerging equity markets while seeking diversified growth opportunities.
Fund Family Empower Funds
Category Foreign Large Growth
Performance Rating Below Average
Risk Rating Average
Stock Exchange Nasdaq
Ticker Symbol MXIGX
Share Class Investor Class
Index MSCI EAFE Growth NR USD
MXIGX had a total return of 0.72% in the past year, including dividends. Since the fund's
inception, the average annual return has been 2.77%.
