Description

As this fund advances toward and beyond its specified target year, its investment approach will gradually shift, prioritizing the generation of income and the protection of capital. This strategic adjustment involves dedicating a larger proportion of its assets to fixed income, equity-income, and balanced investment vehicles. The fund seeks to accomplish its financial objectives by strategically allocating capital across a varied selection of American Funds, utilizing distinct combinations and weightings. These underlying American Funds span a broad spectrum of investment styles, encompassing categories like growth-focused, growth-and-income, equity income, balanced, and pure fixed income portfolios.