The **Empower S&P 500 Index Investor Fund** is a mutual fund designed to track the total return performance of the S&P 500 Index, which comprises the 500 leading companies in various sectors of the U.S. economy. Its primary purpose is to offer diversified exposure to these market-capitalization-weighted stocks, providing investors with a broad representation of large-cap U.S. equities. The fund invests predominantly in domestic stocks, with a small allocation to foreign stocks, and holds a significant portion of its assets in technology and financial sectors. The fund's role is to provide a low-cost, consistent return aligned with the S&P 500, making it a popular choice for investors seeking broad market exposure and long-term growth potential.