We Are Making Changes to American Funds’ SMALLCAP World Fund | American Funds

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DECEMBER 1, 2017

We Are Making Changes to American Funds’ SMALLCAP World Fund®

The market capitalization limit for the SMALLCAP World Fund is increasing from $4 billion to $6 billion at the time of purchase.

We are making this change to better enable the fund to continue delivering upon its stated investment objectives. Since inception, the fund has focused on companies with small market capitalizations as compared to the rest of the market. As the market has grown, however, market capitalizations have steadily risen. To align with this growth, the fund’s equity issuer market capitalization limit has increased several times since its inception in 1990. This increase is similar to those past changes.

The change is expected to become effective December 1, 2017, and will be updated in the fund’s prospectus.

Please call (800) 421-4225 for more details.

Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so they may lose value.

This material is intended for use by financial professionals or in conjunction with the advice of a financial professional.

Investors should carefully consider investment objectives, risks, charges and expenses. This and other important information is contained in the fund prospectuses and summary prospectuses, which can be obtained from a financial professional and should be read carefully before investing. 

Investing outside the United States involves risks, such as currency fluctuations, periods of illiquidity and price volatility, as more fully described in the prospectus. These risks may be heightened in connection with investments in developing countries. Small-company stocks entail additional risks, and they can fluctuate in price more than larger company stocks. 

The American Funds are distributed by American Funds Distributors, Inc.