Voya Financial Announces MyCompass Target Date Investment Solutions Reach $10 Billion AUM Milestone

Voya Financial, Inc. , announced that the suite of MyCompass Investment Solutions offered on its recordkeeping platform has reached $10 billion in assets under management (AUM). Launched in the fall of 2019 by Great Gray Trust Company (Great Gray) as trustee, the suite of MyCompass target date funds is available to many of Voya’s Retirement clients. Created to address the unique retirement needs of individual plan participants, MyCompass achieved $2 billion in AUM approximately two years after launch demonstrating the demand for target date products.

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“According to Morningstar, over $4.3 trillion in assets are invested in target dates and collective investment trusts as of 2025—showing that these retirement options continue to be popular with employees and investors across America,” said Allison Dirksen, head, Retirement Distribution, Voya Financial. “That said, when MyCompass was designed in collaboration with Great Gray, we knew that a one size fits all approach wouldn’t work to meet the unique goals and needs for plan participants. Therefore, MyCompass provides a number of investment options which underscores our commitment to provide holistic financial wellness solutions that can help all Americans reach a secure financial future.”

Currently, the MyCompass suite consists of three collective investment trust (CIT) target date series, all of which are trusteed by Great Gray and allocate their assets among investment funds managed by industry leaders and include a guaranteed investment annuity contract or stable value product issued by Voya. These suites include:

• MyCompass Target Date Blend Series: A sophisticated multi-manager target-date solution based on Voya Investment Management’s (Voya IM) glidepath that combines multiple asset classes, institutional-quality managers, and both active and passive strategies to deliver diversified allocations aligned with participants’ retirement dates.

• MyCompass Index Fund Series: Combines Great Gray’s retirement planning capabilities along with glidepath services from BlackRock, including Voya IM’s own industry leading stable-value capabilities. In addition to a competitive expense structure and integrated enrollment experience, the solution also offers participants added protection against market volatility and uncertainty.

• MyCompass American Funds Series: A collaboration among Great Gray, Voya IM’s and Capital Group to deliver a target date investment approach that draws upon the American Funds Target Date Retirement Series distinctive glidepath approach. The series features a “glide path within a glide path” that adjusts the mix of fixed income and equities exposures over time to generate returns and manage risk. The building blocks are American Funds actively managed equity and fixed income, along with an allocation to Voya IM’s industry leading stable-value capabilities.

As an industry leader focused on the delivery of benefits, savings, and investment solutions to and through the workplace, Voya Financial is committed to its purpose of, together, fighting for everyone’s opportunity for a better financial future.

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