Great-West Real Estate Index Fund
Data updated: 2026-08-20
C000119488 — Great-West Real Estate Index Fund. United States Real Estate · $1.44B AUM · 0.95% expense ratio. Holdings, fees, performance and SEC filings.
C000119488 Fund Overview
Great-West Real Estate Index Fund is a US mutual fund managed by Empower Funds, Inc., categorised as United States Real Estate. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Empower Funds, Inc.
- Category: United States Real Estate
- Assets under management: $1.44B
- 1-year return: -22.8%
- SEC CIK: 0000356476
- SEC series ID: S000038789
- Share class ID: C000119488
C000119488 Investment Objective and Strategy
Great-West Real Estate Index Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Empower Funds, Inc..
Investment objective
The Fund seeks investment results, before fees and expenses, that track the total return of a benchmark index that measures the performance of publicly traded equity real estate investment trusts (REITs).
Principal investment strategy
Below is a summary of the principal investment strategies of the Fund. The Fund is not actively managed but is designed to track the performance of the Dow Jones U.S. Select REIT Index (the Benchmark Index). The Fund will, under normal circumstances, invest at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in securities of the companies included in the Benchmark Index. The Benchmark Index tracks the performance of publicly traded REITs and REIT-like securities. The Fund uses the replication method of indexing, meaning the Fund seeks to own the securities contained in the Benchmark Index in as close as possible a proportion of the Fund as each stocks weight in the Benchmark Index. The Fund may also invest in derivatives, including but not limited to futures contracts, options on futures contracts, and swaps.
The Fund is a non-diversified fund, which means it generally invests a greater portion of its assets in the securities of one or more issuers and, overall, invests in a limited number of issuers relative to a diversified fund. As such, the Fund concentrates its assets in the real estate industry, including REIT stocks, which may include companies with small- and medium-size market capitalizations. Empower Capital Management, LLC (ECM) is the Funds investment adviser and, subject to the approval of the Board of Directors of Empower Funds (the Board), selects the Funds sub-adviser and monitors its performance on an ongoing basis. The Funds investment portfolio is managed by Keyridge Asset Management Limited (the Sub-Adviser or Keyridge), formerly known as Irish Life Investment Managers Limited.
C000119488 Holdings
Top 10 holdings of Great-West Real Estate Index Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Welltower, Inc. | 12.73% |
| Prologis, Inc. | 10.04% |
| Equinix, Inc. | 8.17% |
| Simon Property Group, Inc. | 5.76% |
| Digital Realty Trust, Inc. | 4.71% |
| Realty Income Corp. | 4.59% |
| Public Storage | 4.00% |
| Ventas, Inc. | 3.43% |
| Dreyfus Institutional Preferred Money Market Funds | 3.05% |
| Extra Space Storage, Inc. | 2.44% |
C000119488 Portfolio Allocation
Asset-class allocation of Great-West Real Estate Index Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 98.2% |
| Cash & Equivalents | 3.0% |
| Fixed Income | 1.3% |
C000119488 Performance
Total returns for C000119488 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | -22.8% |
C000119488 Risk Information
Risk metrics for C000119488, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 25.9%
C000119488 Costs and Fees
C000119488 costs about $95 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.95%
- Gross expense ratio: 1.05%
- Portfolio turnover: 2%
- Brokerage commissions: 0.21 bps of average net assets (SEC N-CEN)
C000119488 Cashflows
Over the 12 months to 2026-06, Great-West Real Estate Index Fund had net inflows of $2.06B, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$17.85M |
| 2026-05 | −$24.11M |
| 2026-04 | −$23.59M |
| 2026-03 | −$22.77M |
| 2026-02 | $17.66M |
| 2026-01 | $10.05M |
C000119488 Debt Constituents
Largest debt holdings of Great-West Real Estate Index Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| United States Of America - Bureau Of The Public Debt | 1.27% |
C000119488 Prospectus and SEC Filings
Official Great-West Real Estate Index Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-04-30
- Prospectus (485BPOS) — filed 2025-04-25
- Prospectus (485BPOS) — filed 2024-04-25
- Portfolio holdings (N-PORT) — filed 2026-08-20
- Portfolio holdings (N-PORT) — filed 2026-05-20
- Portfolio holdings (N-PORT) — filed 2026-02-13
- Annual census (N-CEN) — filed 2026-03-13
- Annual census (N-CEN) — filed 2025-03-14
Related Funds
Other United States Real Estate funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.