Name
As of 04/22/2022Price
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
Vitals
YTD Return
N/A
1 yr return
N/A
3 Yr Avg Return
N/A
5 Yr Avg Return
N/A
Net Assets
$1.48 B
Holdings in Top 10
16.3%
52 WEEK LOW AND HIGH
$11.5
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.02%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 04/22/2022Price
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
MXMIX - Profile
Distributions
- YTD Total Return N/A
- 3 Yr Annualized Total Return N/A
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio N/A
- Dividend Yield 0.0%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameFund Summary
-
Fund Family NameN/A
-
Inception DateApr 30, 2013
-
Shares OutstandingN/A
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
Fund Description
Below is a summary of the principal investment strategies of the Fund.The Fund will, under normal circumstances, invest at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in equity securities. Under normal circumstances, the Fund will invest primarily in companies located outside the U.S., including those in emerging markets. The Fund may have significant investments in a particular country, a small number of countries, or a particular geographic region. The Fund may also invest in securities of companies of any size, including small and medium companies.The issuer of a security or other investment is generally deemed to be economically tied to a particular country other than the U.S. if: (1) the security or other investment is issued or guaranteed by the government of that country or any of its agencies, authorities or instrumentalities; (2) the issuer is organized under the laws of that country; (3) the issuer maintains a principal office in that country; (4) the issuer has its principal securities trading market in that country; (5) the issuer derives 50% or more of its total revenues from goods sold or services performed in that country; (6) the issuer has 50% or more of its assets in that country; or (7) the issuer is included in an index which is representative of that country.The Fund emphasizes a “value style” of investing, seeking companies that are undervalued in comparison to their peers due to economic, market, company-specific or other factors, but have the prospect of achieving improved valuations in the future. The Fund may invest in derivatives, including but not limited to forward foreign currency exchange contracts.Empower Capital Management, LLC (“ECM”) is the Fund’s investment adviser and, subject to the approval of the Board of Directors of Empower Funds (the “Board”), selects the Fund’s sub-advisers and monitors their performance on an ongoing basis. The Fund’s investment portfolio is managed by two sub-advisers: LSV Asset Management (“LSV”) and Massachusetts Financial Services Company (“MFS”) (each, a “Sub-Adviser,” and collectively, the “Sub-Advisers”).LSV generally focuses on investing in the stocks of companies that it believes are undervalued in the marketplace at the time of purchase and show recent positive signals, such as an appreciation in price and increase in earnings. LSV uses a quantitative investment model to make investment decisions. The investment model ranks securities based on fundamental measures of value (such as dividend yield) and indicators of near-term recovery (such as recent price appreciation). This investment strategy seeks to manage overall portfolio risk while attempting to increase the expected return.MFS employs an active bottom-up investment approach that seeks to invest in the stocks of companies that it believes are undervalued compared to their intrinsic value and focuses on companies it believes have intrinsic value greater than the perceived value by the marketplace. MFS may also consider environmental, social and governance (“ESG”) factors in its fundamental investment analysis where MFS believes such factors could materially impact the economic value of an issuer. Consideration of ESG factors and risks is only one component of MFS’s assessment of eligible investments and may not be a determinative factor in its final decision on whether to invest in an issuer.ECM maintains a strategic asset allocation of the Fund’s assets with each Sub-Adviser and reviews the asset allocations on a quarterly basis, or more frequently as deemed necessary. As of the date of this Prospectus, the target asset allocation is a 50% allocation of the Fund’s assets to LSV and a 50% allocation of the Fund’s assets to MFS. Notwithstanding these target allocations, ECM may change the asset allocations at any time and without shareholder notice or approval.
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MXMIX - Performance
Return Ranking - Trailing
Period | MXMIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | -28.5% | 12.2% | 96.25% |
1 Yr | N/A | -31.2% | 121.5% | 76.38% |
3 Yr | N/A* | -52.6% | 123.6% | 8.78% |
5 Yr | N/A* | -11.3% | 58.0% | 1.81% |
10 Yr | N/A* | -5.9% | 10.0% | 0.50% |
* Annualized
Return Ranking - Calendar
Period | MXMIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | -45.5% | 71.3% | 2.05% |
2022 | 7.5% | -15.4% | 11.9% | 1.55% |
2021 | 8.4% | -10.4% | 121.9% | 1.30% |
2020 | 18.9% | -33.7% | 8.5% | 100.00% |
2019 | -33.7% | -13.0% | 27.5% | 1.17% |
Total Return Ranking - Trailing
Period | MXMIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | -28.5% | 12.2% | 94.64% |
1 Yr | N/A | -31.2% | 121.5% | 76.51% |
3 Yr | N/A* | -52.6% | 123.6% | 8.78% |
5 Yr | N/A* | -11.3% | 58.0% | 1.81% |
10 Yr | N/A* | -3.1% | 10.0% | 0.50% |
* Annualized
Total Return Ranking - Calendar
Period | MXMIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | -45.5% | 71.3% | 2.05% |
2022 | 10.6% | -15.4% | 11.9% | 1.55% |
2021 | 9.7% | -10.4% | 121.9% | 1.30% |
2020 | 24.5% | -18.0% | 8.5% | 99.53% |
2019 | -19.5% | -13.0% | 29.4% | 1.17% |
NAV & Total Return History
MXMIX - Holdings
Concentration Analysis
MXMIX | Category Low | Category High | MXMIX % Rank | |
---|---|---|---|---|
Net Assets | 1.48 B | 1.02 M | 369 B | 34.99% |
Number of Holdings | 330 | 1 | 10801 | 33.69% |
Net Assets in Top 10 | 231 M | 0 | 34.5 B | 41.22% |
Weighting of Top 10 | 16.34% | 1.6% | 100.0% | 67.39% |
Top 10 Holdings
- Nestle SA 2.95%
- Nestle SA 2.95%
- Nestle SA 2.95%
- Nestle SA 2.95%
- Nestle SA 2.95%
- Nestle SA 2.95%
- Nestle SA 2.95%
- Nestle SA 2.95%
- Nestle SA 2.95%
- Nestle SA 2.95%
Asset Allocation
Weighting | Return Low | Return High | MXMIX % Rank | |
---|---|---|---|---|
Stocks | 93.34% | 0.00% | 122.60% | 6.73% |
Other | 5.96% | -16.47% | 17.36% | 69.62% |
Preferred Stocks | 2.96% | 0.00% | 1.87% | 56.94% |
Cash | 0.25% | -65.15% | 100.00% | 90.89% |
Convertible Bonds | 0.00% | 0.00% | 4.18% | 52.84% |
Bonds | 0.00% | -10.79% | 71.30% | 56.60% |
Stock Sector Breakdown
Weighting | Return Low | Return High | MXMIX % Rank | |
---|---|---|---|---|
Utilities | 0.00% | 0.00% | 13.68% | 75.50% |
Technology | 0.00% | 0.00% | 36.32% | 25.03% |
Real Estate | 0.00% | 0.00% | 14.59% | 58.14% |
Industrials | 0.00% | 5.17% | 99.49% | 7.13% |
Healthcare | 0.00% | 0.00% | 21.35% | 88.16% |
Financial Services | 0.00% | 0.00% | 47.75% | 88.56% |
Energy | 0.00% | 0.00% | 16.89% | 88.16% |
Communication Services | 0.00% | 0.00% | 21.69% | 89.64% |
Consumer Defense | 0.00% | 0.00% | 32.29% | 5.79% |
Consumer Cyclical | 0.00% | 0.00% | 36.36% | 73.62% |
Basic Materials | 0.00% | 0.00% | 23.86% | 11.31% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | MXMIX % Rank | |
---|---|---|---|---|
Non US | 88.50% | 0.00% | 125.24% | 71.99% |
US | 4.85% | -7.78% | 68.98% | 9.64% |
MXMIX - Expenses
Operational Fees
MXMIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.02% | 0.01% | 3.96% | 19.36% |
Management Fee | 0.01% | 0.00% | 1.60% | 52.11% |
12b-1 Fee | N/A | 0.00% | 1.00% | 40.54% |
Administrative Fee | N/A | 0.01% | 1.00% | 95.71% |
Sales Fees
MXMIX 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
MXMIX 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.
MXMIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 0.00% | 247.00% | 21.64% |
MXMIX - Distributions
Dividend Yield Analysis
MXMIX | Category Low | Category High | MXMIX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 13.65% | 80.92% |
Dividend Distribution Analysis
MXMIX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | Annually | Quarterly | Annually |
Net Income Ratio Analysis
MXMIX | Category Low | Category High | MXMIX % Rank | |
---|---|---|---|---|
Net Income Ratio | N/A | -0.93% | 6.38% | 48.02% |
Capital Gain Distribution Analysis
MXMIX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 30, 2019 | $0.245 | OrdinaryDividend |
Sep 09, 2019 | $0.020 | OrdinaryDividend |
Sep 10, 2018 | $0.004 | OrdinaryDividend |