GuideStone Funds MyDestination 2035 Fund Institutional Class (GMHYX)

Overview

The fund described aims at meeting the specific financial goal of retirement by strategically allocating its investments across a diverse portfolio of GuideStone Funds Select Funds, which span various asset classes. It employs a target date approach wherein the fund is managed with a particular retirement year in mind, both denoted in the fund's name and intended as the approximate time an investor would retire and cease new contributions to the fund. Upon reaching the specified target date, the fund plans to have about 49% of its assets in equities, adjusting its investment strategy to reflect the changing risk tolerance and investment objectives as the investor approaches retirement.

Products and Services

• Diversified Portfolio of Select Funds

Offers investors exposure to a broad range of asset classes through GuideStone Funds Select Funds, allowing for diversified investment strategies tailored to different risk tolerances and financial goals.

• Target Date Retirement Funds

These funds are managed with a focus on a specific retirement year, representing the time an investor intends to retire. The strategy includes adjusting asset allocation and risk levels as the target date approaches, moving towards a more conservative portfolio with approximately 49% in equities at the retirement date. This helps investors potentially reduce market risk as they near retirement.