Great-West Investments wins Lipper honors for fourth consecutive year

GREENWOOD VILLAGE, Colo., March 1, 2018 — Great-West Investments today announced that Great-West Aggressive Profile Fund has received a Thomson Reuters Lipper Fund Award as the top performing fund in the Mixed-Asset Target Allocation Aggressive Growth Funds category for five- and 10-year periods, ending Nov. 30, 2017.

For more than three decades, Lipper Fund Awards have honored funds and fund management firms that have excelled in providing consistently strong risk-adjusted performance relative to their peers. The awards are based on Lipper's proprietary performance-based methodology.

"The delivery of strong and sustained investment performance for our clients is our goal," said Scott C. Sipple, President of Great-West Investments. "It is an honor to receive this recognition from Lipper, which validates our commitment to performance excellence — and is exhibited by the Great-West Investments team every single day."

The Great-West Aggressive Profile Fund (MXAPX) seeks long-term capital appreciation primarily through investment in underlying funds that emphasize equity investments. The fund received the top honor for the five-year period out of 132 funds and the 10-year period out of 112 funds in the Mixed-Asset Target Allocation Aggressive Growth Funds category.

Great-West Investments also manages the Great-West Lifetime target date funds. Each vintage of the Lifetime Funds with more than a 3-year track record is currently outperforming its respective Morningstar® category average1 over the one, three and five year periods through 12/31/2017.

The Thomson Reuters Lipper Fund Awards take place in more than 20 countries in Asia, Europe, MENA, and the Americas. The award winners are formally announced between January and April. Ceremonies take place in select countries. Thomson Reuters Lipper Analytical Services ranks mutual funds based on each fund's objective within the respective Lipper category. Lipper ranking does not account for sales charges and is based on total return.

1Categories include: Morningstar Category US Fund Target-Date 2015; Morningstar Category US Fund Target-Date 2025; Morningstar Category US Fund Target-Date 2035; Morningstar Category US Fund Target-Date 2045; Morningstar Category US Fund Target-Date 2055.

Investment Risk: Great-West Aggressive Profile Fund: Asset allocation investment options are subject to the risks of the underlying funds, which can be a mix of domestic and international stock funds.

Great-West Lifetime Funds: Asset allocation investment options are subject to the risks of the underlying funds, which can be a mix of domestic and international stock funds. For more information, see the prospectus. The date in a target date fund's name is the approximate date when investors plan to start withdrawing their money (which is assumed to be at age 65). The principal value of the fund(s) is not guaranteed at any time, including at the time of the target date and/or withdrawal.

Please consider the investment objectives, risks, fees and expenses carefully before investing. For this and other important information about the funds, you may obtain mutual fund prospectuses from your registered representative or www.greatwestfunds.com. Read them carefully before investing.

The principal underwriter of Great-West Funds, Inc. is GWFS Equities, Inc., Member FINRA/SIPC, a wholly owned subsidiary of Great-West Life & Annuity Insurance Company (GWL&A). Great-West Capital Management, LLC (GWCM) is the investment adviser. Shares of Great-West Funds, Inc. are not sold directly to the general public but are offered to permitted accounts as defined in the prospectus. Asset allocation funds of Great-West Funds may invest in funds that are advised by Great-West Capital Management, LLC or are sub-advised by affiliates of GWCM. Asset allocation funds may also invest in a fixed-interest contract issued by GWL&A. While certain sub-advised funds may be managed similar to or modeled after other mutual funds with similar names and investment objectives, the Great-West Funds are not directly related to them. Consequently, the investment performance and other features of other mutual funds and any similarly named Great-West Fund may differ substantially.

Great-West Financial®, Empower Retirement and Great-West Investments are the marketing names of Great-West Life & Annuity Insurance Company, Corporate Headquarters: Greenwood Village, CO; Great-West Life & Annuity Insurance Company of New York, Home Office: New York, NY, and their subsidiaries and affiliates, including registered investment advisers Advised Assets Group, LLC and Great-West Capital Management, LLC.

About Great-West Investments: From its headquarters in Greenwood Village, Colorado, Great-West Investments creates and delivers investment solutions for investors, advisors and the retirement market. Great-West Investments includes Great-West Funds, Inc., Great-West Capital Management, LLC, and Advised Assets Group, LLC, the latter two being registered investment advisers. As of Dec. 31, 2017, Great West Investments has more than $100 billion under management or supervision in mutual funds, managed accounts, capital preservation products, and retirement income solutions. For more information please visit GreatWest.com.

Media Contact:

Stephen Gawlik | Office: 303-737-0899 | Cell: 617-417-4408 | stephen.gawlik@greatwest.com