Empower Lifetime 2020 Fund Investor Class is a target-date mutual fund designed for investors who reached or passed their target retirement around 2020. Its primary objective is to generate income with a secondary goal of capital growth, achieved through a professionally selected mix of underlying funds spanning equities, fixed income, and cash equivalents to reflect a conservative, near-retirement risk profile. The strategy employs a diversified, fund-of-funds approach that gradually shifts toward income-oriented and capital-preservation assets as the glide path moves further beyond the 2020 milestone. This construction aims to provide broad exposure across asset classes and sectors while managing volatility consistent with investors in or near the drawdown phase. The fund’s role in the market is to offer a turnkey allocation solution within retirement plan lineups and individual portfolios, simplifying rebalancing and risk management through an embedded, time-based asset mix. Performance data, fees, and risk metrics are available through major market data providers, supporting ongoing evaluation of its income-focused mandate and multi-asset diversification.
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