American Funds 2050 Target Date Retirment Fd Cl F-1 (FAITX) NASDAQ
25.75
+0.06(+0.23%)
Currency In USD
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American Funds 2050 Target Date Retirment Fd Cl F-1
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
Key Executives
N/ADescription
The investment seeks growth, income and conservation of capital. The fund normally invests a greater portion of its assets in fixed income, equity-income and balanced funds as it approaches and passes its target date. The advisor attempts to achieve its investment objectives by investing in a mix of American Funds in different combinations and weightings. The underlying American Funds represent a variety of fund categories, including growth funds, growth-and-income funds, equity-income funds, balanced funds and fixed income funds. The fund categories represent differing investment objectives.