1Cogent Wealth Reports, Retirement Plan Advisor Trends, September 2017, Market Strategies International. Methodology: There were 514 respondents to a web survey conducted July 21 to August 11, 2017. The respondents consisted of financial advisors managing defined contribution plans. Learn more about Cogent Wealth Reports, Retirement Plan Advisor Trends.
2The 2017 Lipper Fund Awards were awarded on March 23, 2017, and based on risk-adjusted returns as of November 30, 2016.
3Based on one-year net asset growth as of February 28, 2017.
4The market indexes are unmanaged and, therefore, have no expenses. Investors cannot invest directly in an index. There have been periods when the fund has lagged the index.
Returns shown have all distributions reinvested. If a sales charge had been deducted, the results would have been lower.
Returns are average annual total returns for benchmark indexes and average annual excess total returns for funds’ Class R-6 shares from fund inception through 12/31/16. The 17 American Funds equity-focused underlying funds and the relevant index/index blends with which they were compared are as follows: AMCAP, GFA, NEF, AMF, FI, ICA and WMIF (Standard & Poor’s 500 Index); NPF (MSCI All Country World Index. Prior to 10/1/11, the fund was compared to the MSCI World Index); IFA (65% Standard & Poor’s 500 and 35% Bloomberg Barclays U.S. Aggregate indexes); AMBAL (60% Standard & Poor’s 500 and 40% Bloomberg Barclays U.S. Aggregate indexes); EUPAC (MSCI All Country World ex USA Index. Prior to 4/1/06, the fund was compared to the MSCI EAFE Index); CIB (70% MSCI All Country World and 30% Bloomberg Barclays U.S. Aggregate indexes); SCWF (MSCI ACWI Small Cap Index. Prior to 10/1/09, the fund was compared to the S&P Global < $3 Billion Index); WGI (MSCI All Country World. Prior to 12/1/11, the fund was compared to the MSCI World Index); NWF (MSCI All Country World Index); IGI (MSCI All Country World ex USA Index. Prior to 7/1/11, the fund was compared to the MSCI EAFE Index); and GBAL (60% MSCI All Country World and 40% Bloomberg Barclays Global Aggregate indexes). All relevant indexes and index blends listed are or include funds’ primary benchmarks.
Bloomberg® is a trademark of Bloomberg Finance L.P. (collectively with its affiliates, “Bloomberg”). Barclays® is a trademark of Barclays Bank Plc (collectively with its affiliates, “Barclays”), used under license. Neither Bloomberg nor Barclays approves or endorses this material, guarantees the accuracy or completeness of any information herein and, to the maximum extent allowed by law, neither shall have any liability or responsibility for injury or damages arising in connection therewith.
MSCI has not approved, reviewed or produced this report, makes no express or implied warranties or representations and is not liable whatsoever for any data in the report. You may not redistribute the MSCI data or use it as a basis for other indices or investment products.
The S&P indexes are products of S&P Dow Jones Indices LLC and/or its affiliates and have been licensed for use by Capital Group. Copyright © 2017 S&P Dow Jones Indices LLC, a division of S&P Global, and/or its affiliates. All rights reserved. Redistribution or reproduction in whole or in part are prohibited without written permission of S&P Dow Jones Indices LLC.
5Not all 17 funds are in each target date fund.
6Source: Morningstar, Fund Spy, "Kinnel: 43 Fantastic Funds," September 2017. Morningstar’s criteria for the Fantastic lists included: cheapest quintile of category, manager investment of more than $1 million in the fund, Morningstar Risk rating below the High level, Morningstar Analyst Rating of Bronze or higher, Parent rating of Positive, and returns above the fund’s benchmark over the manager’s tenure. Fantastic criteria has changed over the years. Visit americanfunds.com/advisor/news/morningstar-fantastic.html for more details.
Not all 13 funds listed in the “Fantastic 43” are in each target date fund. Underlying funds may change over time.
7Based on Class R-6 share results for rolling periods through December 31, 2016. Periods covered are the shorter of the fund’s lifetime or since the comparable Lipper inception date (except Capital Income Builder and SMALLCAP World Fund, for which the Lipper average was used).
8Allocations shown reflect the funds’ target allocations for January 1, 2017. The funds’ investment adviser anticipates that the funds will invest their assets within a range that deviates no more than 10% above or below the allocations shown. Allocation percentages and underlying funds are subject to the Portfolio Oversight Committee’s discretion and may change over time. For quarterly updates of fund allocations, visit americanfundsretirement.com.
9Results as of March 31, 2017. Percentile rankings for one-, three- and five-year periods calculated by Morningstar. Ten-year rankings calculated by Capital Group, using data obtained from Morningstar.
Rankings are based on the funds’ average annual total returns (Class R-6 shares at net asset value) within the applicable Morningstar categories. The Morningstar rankings do not reflect the effects of sales charges, account fees or taxes. Past results are not predictive of results in future periods. Investment results assume all distributions are reinvested and reflect applicable fees and expenses. The Morningstar category average includes all share classes for the funds in the category. While American Funds R-6 shares do not include fees for advisor compensation and service provider payments, the share classes represented in the Morningstar category have varying fee structures and can include these and other fees and charges resulting in higher expenses.
10Use of Target Date ProView may be subject to approval by your home office.