Mydestination 2055 is trading at 17.65 as of the 30th of January 2025; that is 0.74% increase since the beginning of the trading day. The fund's open price was 17.52. Mydestination 2055 has about a 22 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. The performance scores are derived for the period starting the 1st of November 2024 and ending today, the 30th of January 2025. Click here to learn more.
The fund pursues its objective by investing primarily in a diversified portfolio of GuideStone Funds Select Funds that represent various asset classes. It is managed to the specific retirement year included in its name and assumes a retirement age of 65. More on Mydestination 2055 Fund
Mydestination 2055 Fund [GMGZX] is traded in USA and was established 30th of January 2025. Mydestination 2055 is listed under GuideStone Funds category by Fama And French industry classification. The fund is listed under Target-Date 2055 category and is part of GuideStone Funds family. This fund currently has accumulated 387.64 M in assets under management (AUM) with no minimum investment requirementsMydestination 2055 is currently producing year-to-date (YTD) return of 3.7% with the current yeild of 0.02%, while the total return for the last 3 years was 7.72%.
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Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Mydestination Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Mydestination Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Mydestination 2055 Fund Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Mydestination 2055 Fund Mutual Fund Constituents
Other Information on Investing in Mydestination Mutual Fund
Mydestination 2055 financial ratios help investors to determine whether Mydestination Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Mydestination with respect to the benefits of owning Mydestination 2055 security.