Great-West SecureFoundation Lifetime 2030 Fund Service Class (MXASX) is an open-end mutual fund that seeks long-term capital appreciation and income consistent with its target-date asset allocation for investors planning retirement around 2030. The fund invests 45-65% of its net assets in underlying funds focused primarily on equity securities and 35-55% in underlying funds investing in fixed-income securities, utilizing a professionally selected mix of affiliated and unaffiliated sub-advised funds managed by Great-West Capital Management, LLC; it offers service class shares tailored for retirement plans and variable annuities, with features supporting guaranteed income benefits through the broader Great-West SecureFoundation product suite.
Managed as part of the Great-West Lifetime Funds series within Great-West Funds, Inc., the fund operates in the multi-asset target-date category, targeting retirement savers and plan participants in the United States; it emphasizes portfolio glide path adjustments over time to reduce equity exposure as the target date approaches. Great-West Capital Management, LLC, an affiliate of Great-West Life & Annuity Insurance Company headquartered in Greenwood Village, Colorado, oversees the fund, drawing from the heritage of Great-West Lifeco Inc., a Canadian financial services holding company founded in 1891 with operations across North America, Europe, and Asia. The fund is available through employer-sponsored retirement plans on the Empower Retirement platform, formerly Great-West's recordkeeping service, serving institutional and individual investors focused on capital preservation and income solutions.
No major acquisitions, funding rounds, partnerships, or product launches specific to the MXASX fund have been reported in the last 1-2 years; the broader Great-West Investments and Empower entities continue routine operations amid parent company Great-West Lifeco's ongoing divestitures, including the 2024 sale of Putnam Investments to Franklin Resources, Inc., which does not directly impact this fund's management or offerings. The fund maintains its core structure without recent reorganizations, name changes, or strategic shifts, focusing on steady performance with trailing 1-year returns around 16% and assets supporting its role in retirement portfolios as of late 2025.