About MXWLX
The Empower Lifetime 2055 Fund Investor Class is an open-end mutual fund tailored for investors planning to retire around the year 2055. Structured as a target-date fund, its primary purpose is to provide a diversified portfolio that automatically adjusts its asset allocation over time. Early in the investment horizon, the fund focuses on **capital appreciation** by maintaining a high allocation to equities, and gradually shifts towards more conservative fixed income assets as the target retirement year approaches. This design aims to balance growth potential with risk management as investors near retirement.
The fund invests broadly across domestic and international stocks, with significant exposure to large-cap U.S. equities, international equities, and selected bond holdings. As of the latest data, nearly 99.7% of assets are allocated to equities, with technology representing a notable sector allocation. The top ten holdings account for a substantial portion of the portfolio, emphasizing a concentrated approach to growth opportunities. Managed by Great-West Funds, the Empower Lifetime 2055 Fund plays a prominent role in retirement planning, offering automatic portfolio rebalancing to match investor timelines and risk tolerance, making it a foundational component for long-term retirement strategies.
Fund Family Empower Funds
Category Target-Date 2055
Performance Rating Low
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol MXWLX
Share Class Investor Class
Index MSCI AC World NR USD
MXWLX had a total return of 18.40% in the past year, including dividends. Since the fund's
inception, the average annual return has been 17.05%.
