Fund Description

The fund aims to achieve its investment objectives by investing in a diverse mix of underlying American Funds, which include growth funds, growth-and-income funds, equity-income funds, balanced funds, and fixed income funds. Each category is designed to meet varying investment objectives, targeting long-term growth, income, or a combination of both. Intended for investors planning to retire near the fund's designated target date, it supports continued equity and fixed income exposure beyond this date. With a glide path that adjusts asset allocations over time, the fund seeks to mitigate volatility as retirement approaches and promotes both asset accumulation and capital growth potential throughout retirement.