About MXZHX
Empower Lifetime 2055 Fund Institutional Class is a target-date mutual fund designed to help investors plan for retirement around the year 2055. Its primary function is to provide capital appreciation and, as retirement approaches, a growing focus on income, adjusting its asset allocation to become more conservative over time. The fund primarily utilizes a fund-of-funds approach, investing in a diversified mix of underlying mutual funds that represent a broad range of asset classes, including domestic and international equities, fixed income, and alternative investments. Notably, a significant portion of its assets is allocated to large-cap U.S. equities, international stocks, and emerging markets, offering diversified global exposure. Managed to suit the long-term retirement objectives of investors with a distant retirement horizon, the fund periodically rebalances its holdings to match its evolving risk profile. As an institutional share class, it is tailored for workplace retirement plans and offers a competitive expense ratio among peers. The Empower Lifetime 2055 Fund Institutional Class plays a critical role in retirement planning by offering a hands-off, professionally managed investment solution that adapts as participants move through different life stages.
Fund Family Empower Funds
Category Target-Date 2055
Performance Rating Below Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol MXZHX
Share Class Institutional Class
Index MSCI AC World NR USD
MXZHX had a total return of 19.86% in the past year, including dividends.
Since the fund's inception, the average annual return has been 8.74%.
