American Funds 2050 Target Date Retirment Fd Cl F-1 (FAITX) NASDAQ
Currency In USD
- General
- Statistics
- Historical Data
- Profile
- Financials
Currency In USD
Address
American Funds Target Date Retiremt Ser
, DE
United States of America (the)
Phone
800-421-4225
Sector
Financial Services
Industry
Asset Management
Employees
N/A
First IPO Date
February 24, 2014
The fund aims for three main objectives: capital appreciation, income generation, and the preservation of capital. As it approaches and moves beyond its target date, the investment strategy shifts to allocate a greater share of assets to fixed-income, equity-income, and balanced funds. The advisor achieves these goals by constructing a portfolio from a diverse array of underlying American Funds, applying various combinations and weightings. These underlying funds encompass a broad range of categories—such as growth, growth-and-income, equity-income, balanced, and fixed-income funds—each selected to address distinct investment objectives.