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Name

As of 10/02/2020

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Great-West Real Estate Index Fund

MXGIX | Fund

$8.15

$334 M

-

$0.03

1.05%

Vitals

YTD Return

-19.1%

1 yr return

-22.8%

3 Yr Avg Return

-2.6%

5 Yr Avg Return

1.1%

Net Assets

$334 M

Holdings in Top 10

40.5%

52 WEEK LOW AND HIGH

$8.2
$5.95
$10.89

Expenses

OPERATING FEES

Expense Ratio 1.05%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 19.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$0

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 10/02/2020

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Great-West Real Estate Index Fund

MXGIX | Fund

$8.15

$334 M

-

$0.03

1.05%

MXGIX - Profile

Distributions

  • YTD Total Return -19.1%
  • 3 Yr Annualized Total Return -2.6%
  • 5 Yr Annualized Total Return 1.1%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.54%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name
    Great-West Real Estate Index Fund
  • Fund Family Name
    Great-West Funds
  • Inception Date
    Sep 10, 2018
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    United States

Fund Description

Below is a summary of the principal investment strategies of the Fund.The Fund is not actively managed but is designed to track the performance of the Dow Jones U.S. Select REIT Index (the “Benchmark Index”). The Fund will, under normal circumstances, invest at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in securities of the companies included in the Benchmark Index. The Fund uses the replication method of indexing, meaning the Fund seeks to own the securities contained in the Benchmark Index in as close as possible a proportion of the Fund as each stock’s weight in the Benchmark Index. The Fund may also invest in derivatives, including but not limited to futures contracts, options on futures contracts, and swaps.The Fund is a “non-diversified” fund, which means it generally invests a greater portion of its assets in the securities of one or more issuers and invests overall in a smaller number of issuers than a diversified fund. As such, the Fund concentrates its assets in the real estate industry, including REIT stocks, which may include companies with small and medium size market capitalizations.Great-West Capital Management, LLC (“GWCM”) is the Fund’s investment adviser and, subject to the approval of the Board of Directors of Great-West Funds (the “Board”), selects the Fund’s sub-adviser and monitors its performance on an ongoing basis. The Fund’s investment portfolio is managed by Irish Life Investment Managers Limited (the “Sub-Adviser” or “ILIM”).The Benchmark Index is a market capitalization-weighted index of publicly traded REITs and REIT-like securities.
Read More

MXGIX - Performance

Return Ranking - Trailing

Period MXGIX Return Category Return Low Category Return High Rank in Category (%)
YTD -19.1% -36.4% 21.6% 92.83%
1 Yr -22.8% -54.6% 21.5% 79.60%
3 Yr -2.6%* -23.8% 10.7% 29.06%
5 Yr 1.1%* -23.4% 10.6% 18.84%
10 Yr N/A* -8.3% 12.8% N/A

* Annualized

Return Ranking - Calendar

Period MXGIX Return Category Return Low Category Return High Rank in Category (%)
2023 15.5% -22.7% 43.1% 60.49%
2022 N/A -44.0% 2.2% N/A
2021 N/A -16.4% 25.4% N/A
2020 N/A -28.0% 12.5% N/A
2019 N/A -19.4% 2.4% N/A

Total Return Ranking - Trailing

Period MXGIX Return Category Return Low Category Return High Rank in Category (%)
YTD -19.1% -36.4% 21.6% 92.83%
1 Yr -22.8% -54.6% 21.5% 79.60%
3 Yr -2.6%* -22.4% 10.7% 42.31%
5 Yr 1.1%* -15.5% 10.6% 24.64%
10 Yr N/A* -4.7% 12.8% N/A

* Annualized

Total Return Ranking - Calendar

Period MXGIX Return Category Return Low Category Return High Rank in Category (%)
2023 15.5% -22.7% 43.1% 60.49%
2022 N/A -43.3% 2.2% N/A
2021 N/A -13.6% 31.4% N/A
2020 N/A -12.3% 12.5% N/A
2019 N/A -15.2% 7.7% N/A

NAV & Total Return History

MXGIX - Holdings

Concentration Analysis

MXGIX Category Low Category High MXGIX % Rank
Net Assets 334 M 930 K 57.4 B 51.04%
Number of Holdings 116 20 562 11.07%
Net Assets in Top 10 143 M -543 K 27.9 B 56.87%
Weighting of Top 10 40.48% 11.0% 79.3% 93.65%

Top 10 Holdings

  1. Prologis Inc 10.09%
  2. Digital Realty Trust Inc 5.58%
  3. Public Storage 4.22%
  4. AvalonBay Communities Inc 3.18%
  5. Welltower Inc 3.16%
  6. Simon Property Group Inc 3.06%
  7. Equity Residential 3.01%
  8. Alexandria Real Estate Equities Inc 3.00%
  9. Realty Income Corp 2.99%
  10. Essex Property Trust Inc 2.19%

Asset Allocation

Weighting Return Low Return High MXGIX % Rank
Stocks 		100.00% -2.77% 103.97% 4.20%
Preferred Stocks 		0.00% 0.00% 45.03% 23.28%
Other 		0.00% -10.54% 93.58% 27.86%
Convertible Bonds 		0.00% 0.00% 6.83% 15.27%
Cash 		0.00% -104.20% 19.25% 88.93%
Bonds 		0.00% -3.82% 101.08% 21.37%

Stock Sector Breakdown

Weighting Return Low Return High MXGIX % Rank
Real Estate 		100.00% 36.96% 100.00% 5.16%
Utilities 		0.00% 0.00% 5.47% 11.90%
Technology 		0.00% 0.00% 14.65% 20.63%
Industrials 		0.00% 0.00% 10.01% 19.44%
Healthcare 		0.00% 0.00% 0.43% 13.10%
Financial Services 		0.00% 0.00% 37.05% 27.38%
Energy 		0.00% 0.00% 1.48% 9.52%
Communication Services 		0.00% 0.00% 3.29% 13.10%
Consumer Defense 		0.00% 0.00% 0.23% 9.13%
Consumer Cyclical 		0.00% 0.00% 34.25% 44.05%
Basic Materials 		0.00% 0.00% 5.79% 10.71%

Stock Geographic Breakdown

Weighting Return Low Return High MXGIX % Rank
US 		99.93% -2.77% 103.97% 6.49%
Non US 		0.07% 0.00% 28.03% 22.14%

MXGIX - Expenses

Operational Fees

MXGIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.05% 0.07% 23.80% 66.27%
Management Fee 0.34% 0.00% 1.67% 4.58%
12b-1 Fee 0.25% 0.00% 1.00% 24.29%
Administrative Fee N/A 0.01% 0.47% N/A

Sales Fees

MXGIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.50% 6.50% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

MXGIX 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.

MXGIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 19.00% 1.54% 257.00% 14.45%

MXGIX - Distributions

Dividend Yield Analysis

MXGIX Category Low Category High MXGIX % Rank
Dividend Yield 0.00% 0.00% 7.41% 15.27%

Dividend Distribution Analysis

MXGIX Category Low Category High Category Mod
Dividend Distribution Frequency None Semi-Annually Quarterly Quarterly

Net Income Ratio Analysis

MXGIX Category Low Category High MXGIX % Rank
Net Income Ratio 0.54% -2.55% 5.67% 94.19%

Capital Gain Distribution Analysis

MXGIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Distributions History

View More +

MXGIX - Fund Manager Analysis

Tenure Analysis

Category Low Category High Category Average Category Mode
0.23 26.68 8.76 0.67

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