Planning for financial security
to and through retirement

The Great-West Lifetime Funds

The Great-West Lifetime Funds1,2 are innovative offerings that seek to help investors improve retirement readiness before retirement and throughout their post-employment years. The Great-West Lifetime Funds are aligned strategically and directionally with defined contribution market needs and include mutual funds that were developed and are viewed through a retirement lens. The Great-West Lifetime Funds provide investors with a comprehensive solution that includes these core features:

The date in a Great-West Lifetime Fund's name represents an approximate date when an investor is expected to retire (which is assumed to be at age 65). The principal value of the funds is not guaranteed at any time, including the target date.

A Choice of Glide Paths

The Great-West Lifetime Funds are among the few target date fund series to offer plan sponsors a choice of glide paths.  Retirement plans can now better align the risk tolerance of their investors with a glide path that best fits their preferences.

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A Lifetime Investing Approach

The Great-West Lifetime Funds provide active asset allocation up to and beyond the target date. Many people will live 30 or more years once they retire—and some may continue to work in their retirement years. The Great-West Lifetime Funds provide dynamic asset allocation that is managed throughout each life phase and continue to evolve during retirement. The target date represents a life transition point, rather than an end date.

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Dynamic Portfolios With Over 20 Underlying Funds5

There are no restrictions on the fund managers available within the Great-West Lifetime Funds. This completely open architecture fund platform provides for a variety of underlying funds managed by a wide range of well-known and respected providers in each asset class. That gives investors the benefit of diversified3 investment styles, asset classes and investment managers.

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A Blend of Active and Passive Investment Management

Great-West Lifetime Funds include both actively managed and passively managed (index) underlying options, allowing investors to benefit from the strengths of both investment approaches. Generally, target date solutions utilize either active or passive management, but not both.

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A Wide Array of Leading Investment Managers

The Great-West Lifetime Funds provide enhanced diversification4 at both the investment manager and underlying fund levels. Unlike most target date funds that utilize underlying investments from a single investment manager and mostly from affiliated companies, the Great-West Lifetime Funds feature a combination of affiliated and unaffiliated funds that include some of the most recognized names in the industry.

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Expert Consultation From Morningstar Investment Management LLC3

The asset allocation and glide paths are managed by Morningstar Investment Management LLC, a leading authority on asset allocation that acts as a consultant to the Great-West Lifetime Funds' investment adviser, GWCM. With more than 30 years of asset allocation thought leadership, Morningstar Investment Management LLC uses a multi faceted approach designed to optimize risk-appropriate capital growth prior to the designated transition year, and then to optimize longevity-driven capital appreciation and inflation-protected income thereafter.

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The Great-West Lifetime Funds include the following target dates—2015, 2020, 2025, 2030, 2035, 2040, 2045, 2050 and 2055—each with a choice of glide paths. Each of the investment options is a "fund-of-funds" that invests in the shares of other mutual funds.

Please consider the investment objectives, risks, fees and expenses carefully before investing. For this and other important information, you may obtain a fund prospectus from your registered representative. Read it carefully before investing.

Please consider the investment objectives, risks, fees and expenses carefully before investing. For this and other important information, you may obtain a fund prospectus from your registered representative. Read it carefully before investing.

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In the area of asset allocation, Great-West Funds adopts a collaborative approach that draws on the complementary expertise of Morningstar Investment Management LLC. By cultivating partnerships with companies that can add their specialized perspective to our own, we can offer investors solutions based on a robust, dynamic and innovative asset allocation philosophy.