Voya’s MyCompass Target Date Funds Hit $10B AUM Milestone

Event summary

  • Voya Financial’s MyCompass target date investment solutions reached $10 billion in assets under management (AUM).
  • Launched in fall 2019, the suite includes three collective investment trust (CIT) target date series.
  • MyCompass achieved $2 billion in AUM approximately two years after launch.
  • The solutions are available to many of Voya’s Retirement clients and are trusteed by Great Gray Trust Company.

The big picture

Voya’s MyCompass suite reaching $10 billion AUM underscores the growing demand for customized retirement solutions. The milestone highlights Voya’s strategic focus on providing holistic financial wellness solutions through partnerships with industry leaders like Great Gray, BlackRock, and Capital Group. With over $4.3 trillion invested in target date products as of 2025, Voya’s ability to cater to diverse retirement needs positions it strongly in the competitive retirement solutions market.

What we're watching

Market Demand
Whether the continued popularity of target date products will sustain MyCompass’s growth trajectory.
Competitive Positioning
How Voya’s differentiated approach with multiple investment options will impact its market share.
Regulatory Compliance
The pace at which regulatory changes might affect the structure and offerings of collective investment trusts.

Related topics

Financial Services