GuideStone Funds MyDestination 2055 Fund Institutional Class (GMGYX)

Overview

The fund is designed to cater to investors with a specific retirement year in mind, aligning its investment strategy to meet the needs and risk tolerance of its shareholders as they approach retirement. It focuses on constructing a diversified portfolio by primarily investing in GuideStone Funds Select Funds, which cover a variety of asset classes. The fund’s management takes into consideration the "Target Date", which signifies the approximate year an investor plans to retire and consequently would likely cease new investments in the fund. By the time the Target Date is reached, the fund aims to have adjusted its equity allocation to approximately 49% of its assets, preparing investors for their retirement at the age of 65.

Products and Services

• Target Date Retirement Funds

These funds offer a tailored investment solution that evolves as the investor approaches retirement. By selecting a fund that matches their expected retirement year, investors can benefit from a strategy that gradually shifts from growth-oriented to more conservative investments. This shift is intended to reduce risk as the retirement date approaches, aiming for a mix of assets that balances the need for income, preservation of capital, and potential growth. The asset allocation at the target date focuses on maintaining a significant proportion in equities, about 49%, to offer a blend of income and growth potential suitable for retirement.