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per share, it cannot guarantee it will
                  18
                                                          do so. An investment in the fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The fund’s sponsor has no
                                                                  The performance data contained herein represents past performance and does not guarantee future results.  Investment return and principal value of an investment will
                                                                                                   Bond prices generally fall when interest rates rise (and vice versa) and are subject to risks, including changes in credit quality, market valuations, inflation, liquidity and default. High-yield bonds have a greater risk
                                                                                   Securities offered and/or distributed by GWFS Equities, Inc., Member FINRA/SIPC. GWFS is an affiliate of Empower Retirement, LLC; Great-West Funds, Inc.; and registered investment advisers,
                                                                      higher than the return data quoted
                                                                                              Cash alternatives are not federally guaranteed and may lose value.  Cash alternative portfolios have interest rate, inflation, and credit risks that are associated with the underlying assets owned by the portfolio.
                                              summary prospectus for SEC registered
                                                              legal obligation to provide financial support to the fund, and you should not expect that the sponsor will provide financial support to the fund at any time.
                                                                                      Advised Assets Group, LLC and Personal Capital. This material is for informational purposes only and is not intended to provide investment, legal or tax recommendations or advice.
                                                  investing.
                                                                          herein.  For more current fund performance, including the most recent completed calendar month, please visit empower-retirement.com.
                                                      $1
                                                                      or
                                                      You could lose money by investing in a money market fund. Although the fund seeks to preserve the value of your investment at
                                                                      fluctuate so that shares or units when redeemed may be worth less than their original cost.  Current performance may be lower
                                                  products or disclosure document for unregistered products, if available, containing this information. Read each carefully before
                                              Carefully consider the investment option’s objectives, risks, fees and expenses. Contact Empower Retirement for a prospectus,
                                                                                          Although data is gathered from reliable sources, the completeness or accuracy of the data shown cannot be guaranteed.













                                      Disclosures















                                                                                                            bond’s underlying price.  The return from TIPS may understate the actual rate of inflation due to changes in the  The interest from Treasury inflation-protected securities (TIPS) is adjusted periodically according to the Consumer Price Index. U.S. Treasury securities are neither issued nor guaranteed by the U.S. government. Separately managed accounts are not registered investment products but separate accounts created specifically for the plan. Separately managed funds are not required to file a prospectus or registration  statement with the SEC and, accordingly, neither is available.  The wrap contract, which provides book-value guarantees, is subject to the claims-paying  A collective trust stable value fund is offered by a bank or trust compa








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