Description

As the target retirement date approaches and extends beyond, this fund progressively allocates a larger share of its portfolio to fixed income, equity-income, and balanced strategies. The investment advisor pursues its objectives by constructing a diversified portfolio from a selection of American Funds, carefully adjusting their blend and individual allocations. These underlying components encompass a broad spectrum of investment styles, including growth-oriented, growth-and-income, income-focused equity, balanced, and fixed-income strategies, each characterized by unique investment philosophies and aims.