Published on 2 May 2024 on Zacks via Yahoo Finance
3 Empower Mutual Funds for Excellent Returns
Founded in 1891, Empower is a retirement plan recordkeeping financial holding company located in Greenwood Village, Colorado. Empower serves more than 71,000 organizations and 17 million individuals, and manages plan assets totaling $1.5 trillion as of Dec 31, 2023. The company provides a range of 40 mutual funds that cover various asset classes, investment styles and strategies.
Empowers fund offerings include passive strategies, target date and target risk asset allocation funds, guaranteed income funds and individual funds across the investment categories. The majority of these funds are overseen by sub advisors who handle investment decisions. These aspects contribute to making Empower mutual funds a reliable option for investments.