Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

Great-West Lifetime 2045 Fund I Class T (MXMLX)

16.04
Net Asset Value
-0.19%
1 Day
+1.97%
Year-to-Date
Overall Morningstar Rating
Target date 2041-2045
Style or Category
No Load
Sales Expenses
0.96%
Expense Ratio
Below Average
Morningstar Risk Rating™
Investment Objective The investment seeks capital appreciation and income consistent with its current asset allocation; after 2045, it seeks income and secondarily capital growth. The fund invests in a professionally selected mix of mutual funds that is tailored for investors planning to retire in or close to 2045 which is assumed to be at age 65. It invests 65-90% of net assets in underlying funds that invest primarily in equities and 10-35% of net assets in underlying funds that invest primarily in fixed income securities. The fund is non-diversified.

Performance

1 month+0.06% 3 years+11.49%
3 months-1.54% 5 years+10.22%
1 year+4.54% Since inception+13.02%
Data through --

Peer Comparisonvs. Target date 2041-2045

 MXMLXCategory
Performance 5-yr return+10.22%+12.66%
Expense ratio0.96%0.96%
Risk 5 year sharpe ratio1.031.04
Net assets$127.2M$956.4M
Average market cap$20.5B$33.3B
Average P/E19.318.7
Portfolio turnover23%23%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

Fund Management and Purchase Info

Fund familyGreat-West Funds
Fund manager & tenureS. Corbett / 6 Years
Minimal initial investment$0.00
Minimum IRA investment--

Holdings

U.S. stock51.38%
International stock26.03%
Fixed income18.39%
Cash3.66%
Other0.55%
Top 5 Sectors
Portfolio weighting
Financial service 18.90%
Industrial materials 15.02%
Consumer goods 13.49%
Healthcare 10.08%
Energy 9.58%
Top 10 Holdings
Portfolio weighting
MXVIX Great-West S&P 500® Index Fund Initial Class13.86%
MXINX Great-West International Index Fund Initial Class9.71%
MXBIX Great-West Bond Index Fund Initial Class6.25%
MXMDX Great-West S&P Mid Cap 400® Index Fund Initial Class5.96%
ODMAX Oppenheimer Developing Markets Fund Class A4.90%
MXISX Great-West S&P Small Cap 600® Index Fund Initial Class4.88%
MXEQX Great-West T. Rowe Price Equity Income Fund Initial Class3.82%
MXQIX Great-West Putnam Equity Income Fund Initial Class3.81%
MXFDX Great-West Federated Bond Fund Initial Class3.75%
MXHYX Great-West Putnam High Yield Bond Fund Initial Class3.12%