Empower Funds, Inc.

Who is Empower Funds, Inc.?

Empower Funds, Inc, (Empower Funds) is an open-end investment company that has been in existence for over 30 years. We offer more than 40 mutual funds covering a broad spectrum of asset classes, investment styles, and strategies.

Empower Funds encompass active and passive strategies, target date and target risk asset allocation funds, guaranteed income funds, and individual funds across the spectrum of asset classes and investment styles. Empower Capital Management, LLC (ECM) serves as the investment adviser to Empower Funds. ECM has a long track record and manages more than $125 billion in assets as of September 30, 2023. The majority of the Empower Funds are sub-advised. These subadvisors are responsible for the investment and reinvestment of Fund assets and for making decisions to buy, sell, or hold any particular security.

Empower Funds approach

Empower Funds seeks to achieve consistent performance by effectively managing and partnering with premier investment managers with proven track records. We establish high standards and monitor the managers using our disciplined and documented oversight methodology, without a bias for proprietary managers or funds.

Through our ongoing due diligence process of quantitative and qualitative performance and other risk measures and analytics, you can be confident that Empower Funds offers the trusted guardianship you want and expect from a mutual fund partner.

For our target date funds, ECM, the investment adviser for Empower Funds, has partnered with Morningstar Investment Management LLC, an independent investment adviser, to help determine strategic asset allocations that assist investors in reaching their retirement goals.

Our approach provides an added level of comfort that comes from knowing your assets are managed by premier investment managers from the asset management industry.

Shares of the Funds of Empower Funds, Inc. (Empower Funds) are sold only through their currently effective prospectuses. Shares of certain Funds are not available to the general public but are offered only to insurance company separate accounts for certain variable annuity contracts and variable life policies, to individual retirement account (IRA) custodians or trustees, and to plan sponsors of certain qualified retirement plans. Certain Funds are also available to college savings programs and to asset allocation funds that are series of Empower Funds. For those Funds that are not available to the general public, an individual investor cannot purchase shares of the Funds directly; rather, he or she must own a variable annuity contract, variable life insurance policy or IRA, or participate in a qualified retirement plan or college savings program that makes one or more of the Funds available for investment.

Securities, when presented, are offered and/or distributed by Empower Financial Services, Inc., Member FINRA/SIPC. EFSI is an affiliate of Empower Retirement, LLC; Empower Funds, Inc.; and registered investment adviser, Empower Advisory Group, LLC. This material is for informational purposes only and is not intended to provide investment, legal or tax recommendations or advice.