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

16.34
Net Asset Value
+0.18%
1 Day
-3.31%
Year-to-Date
Overall Morningstar Rating
Target date 2041-2045
Style or Category
No Load
Sales Expenses
0.98%
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+0.86% 3 years+9.17%
3 months+1.62% 5 years--
1 year+15.80% Since inception+15.19%
Data through --

Peer Comparisonvs. Target date 2041-2045

 MXMLXCategory
Performance 5-yr return--+18.08%
Expense ratio0.98%1.03%
Risk 5 year sharpe ratio--1.22
Net assets$119.4M$810.1M
Average market cap$18.9B$33.6B
Average P/E17.717.7
Portfolio turnover33%33%

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 / 4 Years
Minimal initial investment$0.00
Minimum IRA investment--

Holdings

U.S. stock50.89%
International stock27.42%
Fixed income18.00%
Cash3.05%
Other0.64%
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 Init13.89%
MXINX Great-West International Index Init9.95%
MXBIX Great-West Bond Index Init5.98%
MXMDX Great-West S&P Mid Cap 400® Index Init5.94%
ODMAX Oppenheimer Developing Markets A5.03%
MXISX Great-West S&P SmallCap 600® Index Init4.94%
MXEQX Great-West T. Rowe Price Equity Inc Init3.81%
MXQIX Great-West Putnam Equity Income Init3.81%
MXFDX Great-West Federated Bond Init3.59%
MXLGX Great-West Multi-Manager LgCpGr Init3.13%

To view my watchlist

Not a member yet?

Sign up now for a free account
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.