About MXWLX
Empower Lifetime 2055 Fund Investor Class is an open-end target-date mutual fund designed for investors planning to retire around 2055, assumed to be at age 65. It seeks capital appreciation and income consistent with its current asset allocation, shifting after 2055 to prioritize income and secondarily capital growth. The fund achieves this by investing in a professionally selected mix of underlying diversified funds, including U.S. and non-U.S. equity funds like Empower S&P 500 Index Fund Institutional Class and Empower International Index Fund Institutional Class, as well as fixed income and emerging markets funds. Its allocation emphasizes equities for growth in earlier years, with a glide path that gradually reduces risk by increasing fixed income exposure as the target date approaches. This structure suits investors seeking a hands-off, diversified portfolio tailored to long-term retirement needs, accommodating market ups and downs with a high priority for capital growth. Founded in 2009 and managed by Empower Funds, headquartered in Greenwood Village, Colorado, it provides geographic diversification across U.S., Japan, United Kingdom, and other regions, along with various bond sectors like government and corporate.
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 18.01% in the past year, including dividends. Since the fund's
inception, the average annual return has been 8.13%.
