Great-West Emerging Markets Equity Fund
Data updated: 2026-08-20
C000195599 — Great-West Emerging Markets Equity Fund. Emerging Markets Large Cap Blend / Core Equity. Holdings, fees, performance and SEC filings.
C000195599 Fund Overview
Great-West Emerging Markets Equity Fund is a US mutual fund managed by Empower Funds, Inc., categorised as Emerging Markets Large Cap Blend / Core Equity. 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: Emerging Markets Large Cap Blend / Core Equity
- Assets under management: $1.96B
- 1-year return: 12.4%
- SEC CIK: 0000356476
- SEC series ID: S000059774
- Share class ID: C000195599
C000195599 Investment Objective and Strategy
Great-West Emerging Markets Equity 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 long-term capital appreciation.
Principal investment strategy
Below is a summary of the principal investment strategies of the Fund. The Fund will, under normal circumstances, invest at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in equity securities issued by emerging market companies. The Fund considers emerging market companies to be those companies that are economically tied to emerging market countries. The Fund may consider classifications by the World Bank, the International Finance Corporation, the United Nations (and its agencies) or the MSCI Emerging Markets Index in determining whether a country is emerging or developed. The Fund may have significant investments in a single country, a limited number of countries, or a particular geographic region. The Fund may have exposure to non-U.S. securities across any market capitalization and style, and the Fund may also focus its investments in certain sectors, such as the technology sector.
The Fund invests primarily in common stock but may also invest in depositary receipts. The Fund may invest in derivatives, including but not limited to spot and forward foreign exchange transactions. 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-advisers and monitors their performance on an ongoing basis. The Funds investment portfolio is managed by two sub-advisers: Goldman Sachs Asset Management, L.P. (GSAM) and Lazard Asset Management LLC (Lazard) (each, a Sub-Adviser, and collectively, the Sub-Advisers). GSAM selects investments using a valuation discipline to purchase what it believes are well-positioned, cash-generating businesses. Lazard invests in a broadly diversified portfolio of emerging market equity securities using a quantitative stock selection process.
ECM maintains a strategic allocation of the Funds assets with each Sub-Adviser and reviews the asset allocations on a quarterly basis, or more frequently as deemed necessary. As of the date of this Prospectus, the target percentage is a 40% allocation of the Funds assets to GSAM and a 60% allocation of the Funds assets to Lazard. Actual allocations may vary from the target allocations and ECM may change the asset allocations at any time without shareholder notice or approval.
C000195599 Holdings
Top 10 holdings of Great-West Emerging Markets Equity Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Taiwan Semiconductor Manufacturing Company Ltd. | 14.39% |
| Samsung Electronics Co. Ltd. | 9.79% |
| Sk Hynix, Inc. | 6.15% |
| Tencent Holdings Ltd. | 2.74% |
| Sk Square Co. Ltd. | 2.72% |
| Mediatek, Inc. | 2.25% |
| Delta Electronics, Inc. | 1.98% |
| Alibaba Group Holding Ltd. | 1.71% |
| Dreyfus Institutional Preferred Money Market Funds | 1.40% |
| Samsung Electro Mechanics | 0.98% |
C000195599 Portfolio Allocation
Asset-class allocation of Great-West Emerging Markets Equity Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 99.6% |
| Cash & Equivalents | 1.4% |
C000195599 Performance
Total returns for C000195599 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 12.4% |
C000195599 Risk Information
Risk metrics for C000195599, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 25.5%
C000195599 Costs and Fees
C000195599 costs about $147 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.47%
- Gross expense ratio: 1.70%
- Portfolio turnover: 65%
- Brokerage commissions: 13.36 bps of average net assets (SEC N-CEN)
C000195599 Cashflows
Over the 12 months to 2026-06, Great-West Emerging Markets Equity Fund had net outflows of $849.44M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$277.97M |
| 2026-05 | −$154.40M |
| 2026-04 | −$128.28M |
| 2026-03 | −$114.49M |
| 2026-02 | −$45.78M |
| 2026-01 | −$22.90M |
C000195599 Debt Constituents
No individual debt constituents are reported in Great-West Emerging Markets Equity Fund's latest SEC N-PORT filing.
C000195599 Prospectus and SEC Filings
Official Great-West Emerging Markets Equity 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 Emerging Markets Large Cap Blend / Core Equity 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.