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Detailed Fund Information

CollegeAmerica (R) is a nationwide plan sponsored by Virginia 529 (SM)

American Funds Global Balanced FundSM (balanced fund)

CollegeAmerica® Plans

Class 529-A shares

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Daily Prices

Updated April 17, 2014, 3:19PM Pacific time

Net Asset Value (NAV) $30.82
NAV Change $0.03
Maximum Offering Price (MOP) $32.70

(All prices are subject to revision.)

Historical Prices & Distributions

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Ticker Symbols & Fund Numbers

Fund Number 1037
Ticker/Quotron Symbol CBFAX
CUSIP Number 02629W 60 1

Fund Description

Fund Objective The fund seeks the balanced accomplishment of three objectives: long-term growth of capital, conservation of principal and current income.
Distinguishing Characteristics The fund invests in a mix of securities issued by corporations and governments around the world. Together, these stocks and bonds provide a global portfolio offering diversification and balance.
Types of Investments The fund normally maintains at least 45% of its assets in common stocks and other equity investments, with a focus on medium- and larger-sized companies. Typically, the fund also invests at least 25% of its assets in investment-grade fixed-income securities (or unrated, but determined by the fund’s investment adviser to be of equivalent quality), including government/agency, corporate, mortgage- and asset-backed securities and money market instruments.
Non-U.S. Holdings The fund normally invests a significant portion of its assets outside the U.S., including in emerging market countries. Bonds issued outside the U.S. are typically denominated in currencies other than U.S. dollars.
Portfolio Restrictions Most of the fund's fixed-income securities are investment-grade (rated BBB-/Baa3 or better, or unrated but determined to be of equivalent quality by the fund's investment adviser). However, the fund may invest up to 5% of its assets in lower quality, higher yielding debt securities (rated BB+/Ba1 or below, or unrated but determined to be of equivalent quality), including securities convertible into common stocks.

Fund Facts

Minimum Initial Investment $250
Shareholder Accounts (aggregated for all share classes; updated monthly) 285,257
Regular Dividends Paid March, June, September, December
Capital Gains Paid December
Fund Inception February 1, 2011
Fiscal Year-End October

The months indicated for dividends and capital gains paid represent the anticipated current year ex-dividend date schedule for all share classes.

Returns & Expenses

Figures shown are past results and are not predictive of results in future periods. Current and future results may be lower or higher than those shown. Results shown at net asset value have all distributions reinvested. If a sales charge had been deducted, the results would have been lower. Share price and return will vary, so investors may lose money. Investing for short periods makes losses more likely. Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so they may lose value. Returns with sales charge for Class 529-A shares reflect payment of the 5.75% maximum sales charge at the beginning of the stated periods. Definitions and other important legal information about these prices and returns are shown below.

Rates of Return*

  Average Annual Total Returns
1 yr 3 yrs 5 yrs 10 yrs Fund Lifetime
March 31, 2014 (most recent month-end)
NAV 14.85% 9.16% 9.26%
With sales charge 8.27% 7.02% 7.23%
March 31, 2014 (most recent quarter-end)
NAV 14.85% 9.16% 9.26%
With sales charge 8.27% 7.02% 7.23%

Expense Ratios

American Funds Global Balanced Fund 1.00%
Lipper Global Flexible Portfolio Funds Average 1.23%

12-Month Distribution Rates

As of March 31, 2014 (updated monthly)

NAV 1.60%
With sales charge 1.51%

Annualized 30-Day SEC Yield

As of March 31, 2014 (updated monthly)

With sales charge 1.50%


Largest Industry Holdings

% of net assets as of March 31, 2014 (updated quarterly)

Pharmaceuticals 5.8%
Oil, gas & consumable fuels 4.7%
Tobacco 3.6%
Banks 3.5%
Biotechnology 3.4%
Insurance 3.0%
Wireless telecommunication services 2.2%
Media 2.1%
Diversified telecommunication services 2.1%
Aerospace & defense 2.0%

Portfolio Summary

% of net assets as of March 31, 2014 (updated quarterly)

Cash & equivalents 10.4%
Government Agency Securities 20.7%
Mortgage-Backed Securities 1.0%
Non-U.S. Corporate Bonds 3.5%
Stocks and Convertible Securities 60.5%
U.S. Corporate Bonds 3.9%

Quality Summary

% of net assets as of March 31, 2014 (updated quarterly)

U.S. Treasuries/Agencies 6.2%
AAA/Aaa 3.9%
AA/Aa 5.9%
A 5.9%
BBB/Baa 6.4%
BB/Ba 0.6%
B 0.0%
CCC & Below 0.0%
Unrated 0.2%
Cash & equivalents 10.4%

as of March 31, 2014 (updated quarterly)

Average Life (years) 7.8
Average Duration (years) 6.2

Bond ratings, which typically range from AAA/Aaa (highest) to D (lowest), are assigned by credit rating agencies such as Standard & Poor’s, Moody’s and/or Fitch, as an indication of an issuer’s creditworthiness. If agency ratings differ, the security will be considered to have received the highest of those ratings, consistent with the fund’s investment policies. Securities in the Unrated category have not been rated by a rating agency; however, the investment adviser performs its own credit analysis and assigns comparable ratings that are used for compliance with fund investment policies.

Portfolio Holdings

(updated quarterly, upon availability)

Asset Mix

as of March 31, 2014 (updated monthly)

U.S. Equities 29.5%
Non-U.S. Equities 31.0%
U.S. Bonds 11.0%
Non-U.S. Bonds 18.1%
Cash & Equivalents 10.4%

Geographic Breakdown

% of net assets as of March 31, 2014 (updated quarterly)

United States 40.5%
Europe 36.3%
Asia & Pacific Basin 8.8%
Other (Including Canada & Latin America) 4.0%
Cash & equivalents 10.4%

Assets and Portfolio Turnover (for fiscal years)

Fiscal Year Fund Assets (billions) Portfolio Turnover
2013 $4.7 92%
2012 $3.4 62%
2011 $2.7 38%

Assets shown are for combined share classes.

Largest Equity Holdings

Percent of net assets as of March 31, 2014 (updated monthly)



One of the world's largest pharmaceutical companies.



One of the world's largest oil companies.



The world's largest biotechnology company.


Gilead Sciences

Develops drugs to treat infectious diseases and cancer.



Major broadband and telecommunication services provider.



One of the world's largest tobacco companies. The group also owns a large interest in the global brewer SABMiller.


General Dynamics

This major defense contractor manufactures warships, submarines and information systems.


National Grid

Operates electricity networks in the U.K. and U.S.


Philip Morris International

One of the world's largest international tobacco companies.



Digital television services provider in the United States, Latin America and the Caribbean.


Portfolio Managers

Number of years with American Funds or affiliates
L. Alfonso Barroso 19
Mark A. Brett 20
Robert H. Neithart 26
Eric S. Richter 15
David M. Riley 19

(as of the prospectus dated January 1, 2014)

The portfolio managers shown are reflected in the fund’s most recent prospectus.

Important Legal Information

CollegeAmerica is sponsored by Virginia529. But you can invest no matter where you live, and your beneficiary can go to school in any state. However, if you reside in a state other than Virginia, there may be an in-state plan that offers tax and other benefits not available in CollegeAmerica. Before investing in any state’s 529 plan, you should consult your tax adviser.

The return of principal for the bond holdings in American Funds Global Balanced Fund is not guaranteed. Fund shares are subject to the same interest rate, inflation and credit risks associated with the underlying bond holdings.

Lower rated bonds are subject to greater fluctuations in value and risk of loss of income and principal than higher rated bonds. 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.

* Investment results assume all distributions are reinvested and reflect applicable fees and expenses.

  When applicable, investment results reflect fee waivers and/or expense reimbursements, without which results would have been lower. Read details about how waivers and/or reimbursements affect the results for each fund.

Source for Lipper expense ratio comparison: Lipper, based on front-end load funds, excluding funds of funds, for the most recent fiscal year-ends available as of March 31, 2014. The fund’s expense ratio is as of the fund’s prospectus. The expense ratios do not reflect sales charges.

The SEC yield reflects the rate at which the fund is earning income on its current portfolio of securities, while the distribution rate reflects the fund's past dividends paid to shareholders. Accordingly, the fund's SEC yield and distribution rate may differ.

Investors should carefully consider investment objectives, risks, charges and expenses. This and other important information is contained in the fund prospectuses, summary prospectuses and CollegeAmerica Program Description, which can be obtained from a financial professional and should be read carefully before investing. CollegeAmerica is distributed by American Funds Distributors® and sold through unaffiliated intermediaries.