American Funds 2015 Target Date Retirement Fd Cl F-1 (FAKTX) NASDAQ

Currency In USD

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American Funds 2015 Target Date Retirement Fd Cl F-1

Address

333 S Hope St - 55th Fl (MICG)

Los Angeles, CA 90071

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/A
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Description

This fund aims for a triple objective: capital appreciation, consistent income generation, and the safeguarding of initial capital. Following its target date, the fund typically allocates a greater proportion of its holdings to fixed income, equity-income, and balanced portfolios. The advisor pursues these aims by strategically investing in a diverse array of American Funds, utilizing various combinations and weightings. These underlying American Funds encompass a spectrum of categories, such as growth-and-income, equity-income, balanced, and fixed-income funds. Each of these categories is designed to achieve distinct investment objectives.

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