About MXIPX
Empower Conservative Profile Fund Class L is a multi-asset mutual fund designed to prioritize capital preservation while seeking modest total return. The strategy primarily allocates to underlying funds that emphasize fixed income, complemented by a smaller allocation to equities and cashlike instruments, aligning with a conservative allocation mandate that targets lower volatility relative to broad equity markets. The portfolio is implemented through a curated roster of Empower-branded underlying strategies spanning core, short-duration, multi-sector, global, government, and inflation‑protected bonds, alongside selective exposure to large-cap value, international value, and real estate, providing diversified drivers of income and risk management. Positioned for investors seeking a steadier ride through market cycles, the fund’s role in the market is to serve as a foundational, lower-risk allocation within a broader portfolio or as a standalone conservative solution within defined contribution and retail channels. Its share class features an expense structure that includes a distribution fee, reflecting its Class L servicing model within the series lineup.
Fund Family Empower Funds
Category Mix Tgt Alloc Con
Performance Rating Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol MXIPX
Share Class Class L
Index Bloomberg U.S. Aggregate Bond TR
MXIPX had a total return of 7.97% in the past year, including dividends.
Since the fund's inception, the average annual return has been 2.05%.
