Empower Core Strategies: International Equity Fund
Name
As of 05/15/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
7.7%
1 yr return
11.4%
3 Yr Avg Return
1.8%
5 Yr Avg Return
6.8%
Net Assets
$590 M
Holdings in Top 10
10.3%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.28%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 94.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 05/15/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
MXECX - Profile
Distributions
- YTD Total Return 7.7%
- 3 Yr Annualized Total Return 1.8%
- 5 Yr Annualized Total Return 6.8%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 1.06%
- Dividend Yield 1.2%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameEmpower Core Strategies: International Equity Fund
-
Fund Family NameGreat-West Funds
-
Inception DateJun 25, 2018
-
Shares OutstandingN/A
-
Share ClassInstl
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerDonald Huber
Fund Description
MXECX - Performance
Return Ranking - Trailing
Period | MXECX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 7.7% | -2.4% | 33.2% | 79.58% |
1 Yr | 11.4% | -1.8% | 23.1% | 89.01% |
3 Yr | 1.8%* | -14.8% | 46.9% | 65.99% |
5 Yr | 6.8%* | -34.2% | 77.3% | 66.83% |
10 Yr | N/A* | -0.2% | 16.4% | N/A |
* Annualized
Return Ranking - Calendar
Period | MXECX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 12.6% | -7.3% | 22.0% | 57.32% |
2022 | -16.8% | -43.6% | 71.3% | 33.64% |
2021 | 1.6% | -28.5% | 18.9% | 72.06% |
2020 | -3.3% | -90.1% | 992.1% | 97.58% |
2019 | 17.5% | -1.9% | 38.8% | 73.04% |
Total Return Ranking - Trailing
Period | MXECX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 7.7% | -2.4% | 33.2% | 79.58% |
1 Yr | 11.4% | -1.8% | 23.1% | 89.01% |
3 Yr | 1.8%* | -14.8% | 46.9% | 65.99% |
5 Yr | 6.8%* | -34.2% | 77.3% | 66.83% |
10 Yr | N/A* | -0.2% | 16.4% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | MXECX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 14.0% | 3.2% | 41.4% | 76.92% |
2022 | -14.3% | -43.6% | 144.8% | 29.34% |
2021 | 10.1% | -22.6% | 56.0% | 53.85% |
2020 | 8.1% | -89.7% | 1010.8% | 67.26% |
2019 | 23.0% | 4.3% | 38.8% | 42.32% |
NAV & Total Return History
MXECX - Holdings
Concentration Analysis
MXECX | Category Low | Category High | MXECX % Rank | |
---|---|---|---|---|
Net Assets | 590 M | 2.56 M | 425 B | 57.66% |
Number of Holdings | 957 | 1 | 10801 | 7.84% |
Net Assets in Top 10 | 60.7 M | 0 | 41 B | 71.04% |
Weighting of Top 10 | 10.29% | 2.7% | 112.8% | 97.72% |
Top 10 Holdings
- Novartis AG CHF0.49 (REGD) 1.50%
- ASML Holding N.V. EUR0.09 1.33%
- Shell PLC ORD EUR0.07 1.22%
- Novo Nordisk A/S SER'B'DKK0.1 1.02%
- Roche Holdings AG GENUSSCHEINE NPV 0.98%
- Nestle SA CHF0.10 (REGD) 0.93%
- TotalEnergies SE EUR2.5 0.92%
- HSBC Holdings PLC ORD USD0.50 0.82%
- Sanofi EUR2 0.79%
- Alcon AG CHF0.04 0.78%
Asset Allocation
Weighting | Return Low | Return High | MXECX % Rank | |
---|---|---|---|---|
Stocks | 95.99% | 0.00% | 122.60% | 73.15% |
Cash | 1.81% | -22.43% | 100.00% | 47.81% |
Preferred Stocks | 1.67% | -0.01% | 7.80% | 11.16% |
Bonds | 0.43% | -0.92% | 71.30% | 5.88% |
Other | 0.11% | -2.97% | 43.01% | 26.70% |
Convertible Bonds | 0.00% | 0.00% | 4.18% | 3.18% |
Stock Sector Breakdown
Weighting | Return Low | Return High | MXECX % Rank | |
---|---|---|---|---|
Financial Services | 17.85% | 0.00% | 47.75% | 49.15% |
Industrials | 16.01% | 5.17% | 99.49% | 29.52% |
Healthcare | 13.90% | 0.00% | 21.01% | 19.32% |
Consumer Cyclical | 12.02% | 0.00% | 36.36% | 18.24% |
Technology | 10.29% | 0.00% | 36.32% | 62.44% |
Basic Materials | 8.43% | 0.00% | 23.86% | 44.67% |
Consumer Defense | 7.79% | 0.00% | 32.29% | 76.66% |
Communication Services | 6.76% | 0.00% | 21.69% | 33.23% |
Energy | 3.00% | 0.00% | 16.89% | 79.60% |
Utilities | 2.26% | 0.00% | 13.68% | 63.68% |
Real Estate | 1.68% | 0.00% | 14.59% | 55.80% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | MXECX % Rank | |
---|---|---|---|---|
Non US | 93.28% | 0.00% | 121.07% | 40.87% |
US | 2.70% | 0.00% | 103.55% | 62.29% |
Bond Sector Breakdown
Weighting | Return Low | Return High | MXECX % Rank | |
---|---|---|---|---|
Derivative | 0.11% | -2.97% | 43.01% | 11.92% |
Cash & Equivalents | 0.00% | 0.00% | 100.00% | 84.62% |
Securitized | 0.00% | 0.00% | 47.51% | 34.21% |
Corporate | 0.00% | 0.00% | 100.00% | 53.76% |
Municipal | 0.00% | 0.00% | 0.17% | 35.40% |
Government | 0.00% | 0.00% | 44.25% | 39.10% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | MXECX % Rank | |
---|---|---|---|---|
US | 0.43% | -0.92% | 71.30% | 5.28% |
Non US | 0.00% | 0.00% | 8.34% | 5.28% |
MXECX - Expenses
Operational Fees
MXECX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.28% | 0.01% | 19.62% | 31.12% |
Management Fee | 0.53% | 0.00% | 1.65% | 38.97% |
12b-1 Fee | 0.00% | 0.00% | 1.00% | 0.68% |
Administrative Fee | N/A | 0.01% | 1.00% | N/A |
Sales Fees
MXECX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 3.50% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
MXECX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
MXECX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 94.00% | 2.00% | 247.00% | 86.27% |
MXECX - Distributions
Dividend Yield Analysis
MXECX | Category Low | Category High | MXECX % Rank | |
---|---|---|---|---|
Dividend Yield | 1.17% | 0.00% | 25.02% | 83.33% |
Dividend Distribution Analysis
MXECX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annually | SemiAnnual | Annual |
Net Income Ratio Analysis
MXECX | Category Low | Category High | MXECX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.06% | -0.93% | 6.38% | 72.02% |
Capital Gain Distribution Analysis
MXECX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Jun 23, 2023 | $0.116 | OrdinaryDividend |
Feb 04, 2022 | $0.147 | OrdinaryDividend |
Feb 04, 2022 | $0.138 | CapitalGainLongTerm |
Dec 29, 2021 | $0.172 | OrdinaryDividend |
Dec 29, 2021 | $0.665 | CapitalGainLongTerm |
Dec 29, 2020 | $0.386 | OrdinaryDividend |
Dec 29, 2020 | $0.785 | CapitalGainLongTerm |
Dec 27, 2019 | $0.413 | OrdinaryDividend |
Apr 26, 2019 | $0.067 | OrdinaryDividend |
MXECX - Fund Manager Analysis
Managers
Donald Huber
Start Date
Tenure
Tenure Rank
Jun 25, 2018
3.93
3.9%
Donald G. Huber, CFA, is a senior vice president and portfolio manager responsible for managing institutional and retail global large cap equity portfolios. Prior to joining Franklin Templeton in 2002, Mr. Huber was with J.P. Morgan Chase and predecessor organizations, where he focused on portfolio management, strategic planning and relationship management in private and corporate banking. He entered the financial services industry in 1982. Mr. Huber holds a B.B.A. from the University of Michigan. He is a member of the New York Society of Security Analysts and a CFA charterholder.
Greg Sleight
Start Date
Tenure
Tenure Rank
Jun 25, 2018
3.93
3.9%
Greg Sleight is a Partner, Portfolio Manager and Quantitative Analyst of LSV. At LSV, Mr. Sleight is part of our quantitative and implementation team, which is responsible for the day-to-day data management, portfolio implementation and ongoing enhancement of our models and systems. Mr. Sleight received a B.S. in Material Science & Engineering from the University of Illinois in 2000 and an M.B.A. in Econometrics, Economics & Analytic Finance from the University of Chicago in 2006.
Guy Lakonishok
Start Date
Tenure
Tenure Rank
Jun 25, 2018
3.93
3.9%
Guy Lakonishok, CFA is a Partner, Portfolio Manager and Quantitative Analyst at LSV. Prior to joining LSV, Mr. Lakonishok was a Vice President in the Quantitative Equity group at BlackRock. His responsibilities included research, portfolio implementation, system development and performance attribution. Prior to this experience, Mr. Lakonishok was an analyst in the Quantitative Equity group at Weiss, Peck, and Greer, where he was responsible for developing portfolio analytics and assisting in the day-to-day management of the portfolios. Mr. Lakonishok received a B.S. in Applied Science with
Peter Leonard
Start Date
Tenure
Tenure Rank
Jun 25, 2018
3.93
3.9%
Peter Leonard, CFA is a Senior Fund Manager and has worked on the Indexation Team since 2012. Prior to working in Irish Life Investment Managers Limited, Peter worked in the investments industry for 8 years as a private client fund manager and in investment management audit. Mr. Leonard graduated from Trinity College Dublin with a B.A. Business & Economics degree and is a qualified chartered accountant and a Qualified Financial Advisor.
John Remmert
Start Date
Tenure
Tenure Rank
Jun 25, 2018
3.93
3.9%
John P. Remmert is a senior vice president and lead portfolio manager for the Franklin Equity Group. He is responsible for the management of global and non- U.S. institutional equity portfolios. Prior to joining Franklin Templeton in 2002, Mr. Remmert was with Citibank Global Asset Management and the U.S. Federal Reserve. He entered the financial services industry in 1987. Mr. Remmert holds an M.B.A. from the University of Chicago, a J.D. from Georgetown University, and a B.A. from Rutgers University.
Menno Vermeulen
Start Date
Tenure
Tenure Rank
Jun 25, 2018
3.93
3.9%
Menno Vermeulen, CFA, is a Partner, Portfolio Manager and Senior Quantitative Analyst of LSV. Dr. Lakonishok joined LSV in 1994. Vermeulen has more than 21 years of investment experience. At LSV, Mr. Vermeulen has developed and written the software for our quantitative models and portfolio management system. He leads our quantitative and implementation team, which is responsible for the day-to-day data management, portfolio implementation and ongoing enhancement of our models and systems. Mr. Vermeulen is also involved in the research process at LSV. Prior to joining LSV, he worked at ABP
Puneet Mansharamani
Start Date
Tenure
Tenure Rank
Jun 25, 2018
3.93
3.9%
Puneet Mansharamani, CFA, is a Partner, Portfolio Manager and Quantitative Analyst of LSV. Mr. Mansharamani has more than 14 years of investment experience. At LSV, Mr. Mansharamani is part of our quantitative and implementation team, which is responsible for the day-to-day data management, portfolio implementation and ongoing enhancement of our models and systems. Prior to joining LSV, Mr. Mansharamani was an Analyst at Institutional Trust National City Corporation. His responsibilities included project management, systems development and designing financial and analytical applications fo
Nicola Dowdall
Start Date
Tenure
Tenure Rank
Jun 25, 2018
3.93
3.9%
Nicola Dowdall is a Senior Fund Manager and has worked on the Indexation Team since 2000. Prior to joining the Indexation Team, she worked for two years as an investment accountant with Irish Life Investment Managers Limited. Prior to joining Irish Life Investment Managers Limited, Ms. Dowdall worked as an audit manager in practice. Ms. Dowdall graduated with a degree in Accounting from Dundalk Institution of Technology and is a Chartered Certified Accountant.
Michael Lynch
Start Date
Tenure
Tenure Rank
Jun 25, 2018
3.93
3.9%
Michael Lynch, CFA is a Senior Fund Manager and has worked on the Indexation Team since 2006. Prior to joining ILIM, he worked for 6 years in Investment Technology Group Europe. He graduated with a degree in Commerce and he also holds a Masters in Economics, both from University College Cork.
Josef Lakonishok
Start Date
Tenure
Tenure Rank
Jun 25, 2018
3.93
3.9%
Dr. Lakonishok joined LSV in 1994, where he currently serves as Chief Executive Officer, Chief Investment Officer, Partner and Portfolio Manager Dr. Lakonishok has more than 30 years of investment and research experience. Dr. Lakonishok was, until 2004, the William G. Karnes Professor of Finance at the College of Commerce & Business Administration at the University of Illinois at Urbana-Champaign. Before that, he held staff and visiting professorships at Tel Aviv University, Cornell University, the University of North Carolina at Chapel Hill, and the University of British Columbia.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 30.35 | 6.33 | 13.67 |