MXNYX

About MXNYX

Empower Lifetime 2015 Fund Institutional Class is a target-date mutual fund designed for investors who reached or passed their target retirement year around 2015. Its primary objective is to generate income while pursuing secondary capital growth, reflecting a conservative, post-retirement glide path that blends equities with a larger allocation to fixed income and cash equivalents. The fund implements a professionally constructed asset mix through underlying Empower-managed strategies, providing diversified exposure across U.S. and international stocks, investment-grade and other bond sectors, and cash instruments to balance return and longevity risk. Notable structural features include an institutional share class with an expense ratio around the low-0.4% range and a multi-manager approach under Empower’s oversight, aiming for disciplined rebalancing and risk management as investors age. Launched in 2015, it sits within the Target-Date 2015 category and serves as a core option in retirement plans for participants seeking a turnkey, age-appropriate allocation that emphasizes steady distributions and portfolio stability in the retirement income phase.