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Trending ETFs

Empower International Growth Fund

mutual fund
MXIGX
Payout Change
Pending
Price as of:
$13.97 -0.07 -0.5%
primary theme
International Large-Cap Growth Equity
share class
MXIGX (Mutual Fund)

Empower International Growth Fund

Payout Change
Pending
Price as of:
$13.97 -0.07 -0.5%
primary theme
International Large-Cap Growth Equity
share class
MXIGX (Mutual Fund)

Empower International Growth Fund

Payout Change
Pending
Price as of:
$13.97 -0.07 -0.5%
primary theme
International Large-Cap Growth Equity
share class

Name

As of 10/10/2024

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

$13.97

$529 M

1.22%

$0.17

1.36%

Vitals

YTD Return

10.3%

1 yr return

25.5%

3 Yr Avg Return

-2.5%

5 Yr Avg Return

6.1%

Net Assets

$529 M

Holdings in Top 10

23.7%

52 WEEK LOW AND HIGH

$14.0
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.36%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 34.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$0

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 10/10/2024

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

$13.97

$529 M

1.22%

$0.17

1.36%

MXIGX - Profile

Distributions

  • YTD Total Return 10.3%
  • 3 Yr Annualized Total Return -2.5%
  • 5 Yr Annualized Total Return 6.1%
  • Capital Gain Distribution Frequency None
  • Net Income Ratio -0.23%
DIVIDENDS
  • Dividend Yield 1.2%
  • Dividend Distribution Frequency SemiAnnual

Fund Details

  • Legal Name
    Empower International Growth Fund
  • Fund Family Name
    Great-West Funds
  • Inception Date
    Oct 24, 2012
  • Shares Outstanding
    N/A
  • Share Class
    Investor
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    John Remmert

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 common stocks and related securities of foreign companies, 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 focus its investments in certain sectors, such as the consumer staples sector. The companies in which the Fund invests may be of any size, including small and medium size 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 “growth style” of investing, seeking companies whose potential to provide superior earnings growth appears to be greater than the market in general and whose revenue growth is expected to continue for an extended period of time. The Fund may also invest in depositary receipts and derivatives, including but not limited to currency forwards and futures.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: Franklin Templeton Institutional, LLC (“Franklin Templeton”) and J.P. Morgan Investment Management Inc. (“JPMorgan”) (each, a “Sub-Adviser,” and collectively, the “Sub-Advisers”).Franklin Templeton employs a disciplined, bottom-up investment approach to identify attractive investment opportunities that are expected to have higher revenue and earnings growth than their peers. Alongside traditional financial and economic analyses, Franklin Templeton assesses the potential impacts of material environmental, social and governance (“ESG”) factors on an issuer, which Franklin Templeton believes provides a measure of the issuer’s sustainability. ESG considerations are only one component in the evaluation of eligible investments and may not be a determinative factor in the final investment decision.JPMorgan uses a bottom-up investment approach to buying and selling investments and generally focuses on investing in the stocks of companies that it believes have above average growth potential and that are also trading at reasonable valuations.ECM maintains a strategic 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 percentage is a 40% allocation of the Fund’s assets to Franklin Templeton and a 60% allocation of the Fund’s assets to JPMorgan. Actual allocations may vary from the target allocations and ECM may change the asset allocations at any time without shareholder notice or approval.
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MXIGX - Performance

Return Ranking - Trailing

Period MXIGX Return Category Return Low Category Return High Rank in Category (%)
YTD 10.3% -0.6% 32.6% 59.33%
1 Yr 25.5% 10.8% 46.8% 31.35%
3 Yr -2.5%* -9.9% 9.0% 72.58%
5 Yr 6.1%* 0.3% 15.9% 68.34%
10 Yr 4.4%* 2.4% 10.3% 96.82%

* Annualized

Return Ranking - Calendar

Period MXIGX Return Category Return Low Category Return High Rank in Category (%)
2023 16.5% -0.4% 28.6% 28.35%
2022 -31.3% -49.5% -13.3% 72.99%
2021 -0.9% -22.2% 19.3% 63.71%
2020 27.2% -3.7% 85.0% 25.99%
2019 33.8% -4.0% 45.1% 9.38%

Total Return Ranking - Trailing

Period MXIGX Return Category Return Low Category Return High Rank in Category (%)
YTD 10.3% -0.6% 32.6% 59.33%
1 Yr 25.5% 10.8% 46.8% 31.35%
3 Yr -2.5%* -9.9% 9.0% 72.58%
5 Yr 6.1%* 0.3% 15.9% 68.34%
10 Yr 4.4%* 2.4% 10.3% 96.82%

* Annualized

Total Return Ranking - Calendar

Period MXIGX Return Category Return Low Category Return High Rank in Category (%)
2023 16.5% 1.8% 28.6% 40.98%
2022 -30.3% -44.4% -11.0% 79.48%
2021 6.0% -20.6% 20.5% 63.44%
2020 28.4% 7.6% 97.1% 28.81%
2019 34.1% 0.5% 45.3% 10.94%

NAV & Total Return History


MXIGX - Holdings

Concentration Analysis

MXIGX Category Low Category High MXIGX % Rank
Net Assets 529 M 191 K 140 B 66.58%
Number of Holdings 95 4 1830 25.45%
Net Assets in Top 10 120 M 65.4 K 36.7 B 70.44%
Weighting of Top 10 23.74% 10.6% 99.9% 90.23%

Top 10 Holdings

  1. ASML Holding N.V. EUR0.09 4.90%
  2. Novo Nordisk A/S SER'B'DKK0.1 3.45%
  3. Keywords Studios PLC ORD GBP0.01 2.31%
  4. Nestle SA CHF0.10 (REGD) 2.08%
  5. Mercadolibre Inc COM USD0.001 1.94%
  6. LVMH Moet Hennessy Vuitton SE EUR0.30 1.87%
  7. Daiichi Sankyo Co Ltd. NPV 1.87%
  8. Safran SA EUR0.20 1.86%
  9. Recruit Holdings Co Ltd. NPV 1.74%
  10. Relx PLC ORD GBP0.1444 1.72%

Asset Allocation

Weighting Return Low Return High MXIGX % Rank
Stocks
97.96% 85.22% 105.20% 43.44%
Cash
2.04% 0.00% 11.43% 53.21%
Preferred Stocks
0.00% 0.00% 10.21% 66.07%
Other
0.00% -0.31% 3.49% 59.38%
Convertible Bonds
0.00% 0.00% 2.45% 51.80%
Bonds
0.00% 0.00% 0.03% 51.67%

Stock Sector Breakdown

Weighting Return Low Return High MXIGX % Rank
Technology
22.99% 1.51% 38.21% 15.21%
Healthcare
18.86% 1.36% 29.58% 13.66%
Industrials
13.38% 0.68% 31.28% 64.43%
Consumer Cyclical
11.06% 0.00% 46.28% 57.73%
Communication Services
9.66% 0.00% 41.13% 12.89%
Financial Services
9.22% 0.00% 38.62% 81.19%
Consumer Defense
8.36% 0.00% 25.77% 49.74%
Basic Materials
5.74% 0.00% 23.15% 70.36%
Utilities
0.73% 0.00% 9.05% 42.01%
Real Estate
0.00% 0.00% 6.64% 73.45%
Energy
0.00% 0.00% 24.97% 84.02%

Stock Geographic Breakdown

Weighting Return Low Return High MXIGX % Rank
Non US
87.22% 0.00% 99.95% 34.19%
US
10.73% 0.00% 99.87% 56.04%

MXIGX - Expenses

Operational Fees

MXIGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.36% 0.01% 13.07% 28.17%
Management Fee 0.82% 0.00% 1.50% 77.12%
12b-1 Fee 0.00% 0.00% 1.00% 6.18%
Administrative Fee N/A 0.03% 0.80% 98.80%

Sales Fees

MXIGX 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

MXIGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.25% 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.

MXIGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 34.00% 7.00% 149.00% 64.04%

MXIGX - Distributions

Dividend Yield Analysis

MXIGX Category Low Category High MXIGX % Rank
Dividend Yield 1.22% 0.00% 12.70% 88.14%

Dividend Distribution Analysis

MXIGX Category Low Category High Category Mod
Dividend Distribution Frequency SemiAnnual Annual SemiAnnual Annual

Net Income Ratio Analysis

MXIGX Category Low Category High MXIGX % Rank
Net Income Ratio -0.23% -1.69% 3.16% 77.66%

Capital Gain Distribution Analysis

MXIGX Category Low Category High Capital Mode
Capital Gain Distribution Frequency None Annually Quarterly Annually

Distributions History

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MXIGX - Fund Manager Analysis

Managers

John Remmert


Start Date

Tenure

Tenure Rank

Apr 27, 2018

4.1

4.1%

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.

Thomas Murray


Start Date

Tenure

Tenure Rank

Apr 27, 2018

4.1

4.1%

Thomas Murray, Managing Director and CFA charterholder, has worked at JP Morgan Investment Mgmt Inc. or its affiliates (or one of their predecessors) since 1996.

Shane Duffy


Start Date

Tenure

Tenure Rank

Apr 27, 2018

4.1

4.1%

Mr. Duffy is a managing director and portfolio manager in the International Equity Group. Mr. Duffy currently works on EAFE portfolios, in particular International Growth and International Unconstrained. Previously, Mr. Duffy worked as a Global Sector Specialist with responsibility for consumer discretionary stocks. Mr. Duffy joined the team in 1999, holds a MA in History from Cambridge University, and is a CFA charterholder.

Donald Huber


Start Date

Tenure

Tenure Rank

Apr 27, 2018

4.1

4.1%

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.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 26.94 7.71 20.01