Description

This fund follows a strategy where its asset allocation progressively shifts to more conservative investments, such as fixed income, equity income, and balanced funds, as its target year of 2030 draws near and passes. To achieve its investment goals, the advisor constructs a diversified portfolio by strategically investing in and adjusting the weightings of various underlying American Funds. These underlying investments encompass a broad range of fund categories, including growth, growth-and-income, equity-income, balanced, and fixed income strategies, each possessing distinct objectives and methodologies.