MXMIX — Great-West International Value Fund
Data updated: 2026-08-20
MXMIX — Great-West International Value Fund. Developed ex-US Mid Cap Blend / Core Materials Equity · $1.59B AUM. Holdings, fees, performance and SEC filings.
MXMIX Fund Overview
MXMIX — Great-West International Value Fund is a US mutual fund managed by Empower Funds, Inc., categorised as Developed ex-US Mid Cap Blend / Core Materials 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: Developed ex-US Mid Cap Blend / Core Materials Equity
- Assets under management: $1.59B
- 1-year return: -0.6%
- Ticker: MXMIX
- SEC CIK: 0000356476
- SEC series ID: S000023736
- Share class ID: C000095773
MXMIX Investment Objective and Strategy
Great-West International Value 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 growth.
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. Under normal circumstances, the Fund will invest primarily in companies located outside the U.S., including those in emerging markets. 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 the Fund may also focus its investments in certain sectors, such as the financial sector. The issuer of a security or other investment is generally deemed to be economically tied to a particular country other than the U.S.
if: (1) the security or other investment is issued or guaranteed by the government of that country or any of its agencies, authorities or instrumentalities; (2) the issuer is organized under the laws of that country; (3) the issuer maintains a principal office in that country; (4) the issuer has its principal securities trading market in that country; (5) the issuer derives 50% or more of its total revenues from goods sold or services performed in that country; (6) the issuer has 50% or more of its assets in that country; or (7) the issuer is included in an index that is representative of that country. The Fund emphasizes a value style of investing, seeking companies that are undervalued in comparison to their peers due to economic, market, company-specific or other factors, but have the prospect of achieving improved valuations in the future.
The Fund may invest in derivatives, including but not limited to forward foreign currency exchange contracts. 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: LSV Asset Management (LSV) and Massachusetts Financial Services Company (MFS) (each, a Sub-Adviser, and collectively, the Sub-Advisers). LSV generally focuses on investing in securities of companies that it believes are undervalued in the marketplace at the time of purchase and show recent positive signals, such as an appreciation in price and increase in earnings. LSV uses a quantitative investment model to make investment decisions, ranking securities based on fundamental measures of value and indicators of near-term recovery.
MFS employs an active, bottom-up investment approach to buying and selling investments, selecting investments primarily based on fundamental analysis of individual issuers. Quantitative screening tools that systematically evaluate issuers may also be considered. 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 50% allocation of the Funds assets to LSV and a 50% allocation of the Funds assets to MFS. Actual allocations may vary from the target allocations and ECM may change the asset allocations at any time without shareholder notice or approval.
MXMIX Holdings
Top 10 holdings of Great-West International Value Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Dreyfus Institutional Preferred Money Market Funds | 4.70% |
| Totalenergies SE | 2.05% |
| Taiwan Semiconductor Manufacturing Company Ltd. | 2.01% |
| Ubs Group AG | 1.62% |
| Natwest Group PLC | 1.59% |
| Schneider Electric SE | 1.45% |
| Franco-Nevada Corp. | 1.45% |
| Roche Holding AG | 1.34% |
| Novartis AG | 1.29% |
| Legrand SA | 1.29% |
MXMIX Portfolio Allocation
Asset-class allocation of Great-West International Value Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 97.0% |
| Cash & Equivalents | 4.7% |
MXMIX Performance
Total returns for MXMIX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | -0.6% |
| 3 years (annualised) | 7.3% |
MXMIX Risk Information
Risk metrics for MXMIX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 10.8%
MXMIX Costs and Fees
MXMIX costs about $132 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.32%
- Gross expense ratio: 1.53%
- Portfolio turnover: 31%
- Brokerage commissions: 2.51 bps of average net assets (SEC N-CEN)
MXMIX Cashflows
Over the 12 months to 2026-06, Great-West International Value Fund had net outflows of $1.25B, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$126.69M |
| 2026-05 | −$127.84M |
| 2026-04 | −$116.05M |
| 2026-03 | −$120.45M |
| 2026-02 | $19.49M |
| 2026-01 | $8.48M |
MXMIX Debt Constituents
No individual debt constituents are reported in Great-West International Value Fund's latest SEC N-PORT filing.
MXMIX Prospectus and SEC Filings
Official Great-West International Value 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 Developed ex-US Mid Cap Blend / Core Materials 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.