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Detailed Fund Information

American Funds Growth and Income PortfolioSM (portfolio series fund)

Class A shares

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Daily Prices

Updated April 23, 2014, 3:16PM Pacific time

Net Asset Value (NAV) $13.25
NAV Change $−0.04
Maximum Offering Price (MOP) $14.06

(All prices are subject to revision.)

Historical Prices & Distributions

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Ticker Symbols & Fund Numbers

Fund Number 51
Ticker/Quotron Symbol GAIOX
CUSIP Number 02630R 20 3

Fund Description

Fund Objective The fund's investment objective is to provide long-term growth of capital while providing current income.
Distinguishing Characteristics The fund will attempt to achieve its investment objectives by investing in a mix of American Funds in different combinations and weightings.
Types of Investments The underlying American Funds may represent a variety of fund categories such as growth funds, growth-and-income funds, equity-income funds, balanced funds and bond funds.

Fund Facts

Minimum Initial Investment $250
Shareholder Accounts (aggregated for all share classes; updated monthly) 121,075
Regular Dividends Paid March, June, September, December
Capital Gains Paid
Fund Inception May 18, 2012
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.

Investments

Assets and Portfolio Turnover (for fiscal years)

Fiscal Year Fund Assets (millions) Portfolio Turnover
2013 $1967.7 0%
2012 $422.9 7%

Assets shown are for combined share classes.

Underlying Funds**

as of March 31, 2014 (updated quarterly)

Growth Funds: 20.0%
The Growth Fund of America® 20.0%
Growth-and-Income Funds: 40.0%
Capital World Growth and Income Fund® 20.0%
The Investment Company of America® 20.0%
Equity-Income/Balanced Funds: 25.0%
Capital Income Builder® 25.0%
Bond Funds: 15.0%
Capital World Bond Fund® 15.0%

View Portfolio holdings
as of March 31, 2014 (updated quarterly, upon availability)

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 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 16.40% 18.86%
With sales charge 9.68% 15.15%
March 31, 2014 (most recent quarter-end)
NAV 16.40% 18.86%
With sales charge 9.68% 15.15%

Interactive Results Graphs

Graphs will be available after the fund′s first full calendar year.

Expense Ratios

American Funds Growth and Income Portfolio (net) 0.70%
American Funds Growth and Income Portfolio (gross) 0.80%
Lipper Growth & Income Funds Average 1.21%

12-Month Distribution Rates

As of March 31, 2014 (updated monthly)

NAV 2.06%
With sales charge 1.94%

Annualized 30-Day SEC Yield

As of March 31, 2014 (updated monthly)

With sales charge 1.77%

Composition

Largest Industry Holdings

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

Oil, gas & consumable fuels 6.0%
Pharmaceuticals 5.0%
Biotechnology 4.5%
Tobacco 3.9%
Diversified telecommunication services 3.7%
Banks 3.6%
Semiconductors & semiconductor equipment 3.1%
Software 2.5%
Media 2.3%
Electric utilities 2.3%

Portfolio Summary

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

Cash & equivalents 5.7%
Government Agency Securities 8.1%
Mortgage- and Asset-Backed Securities 1.4%
Municipal Securities 0.1%
Non-U.S. Corporate Bonds 2.3%
Stocks and Convertible Securities 76.1%
U.S. Corporate Bonds 3.2%
U.S. Treasuries 3.1%

Quality Summary

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

U.S. Treasuries/Agencies 3.4%
AAA/Aaa 2.2%
AA/Aa 2.3%
A 3.2%
BBB/Baa 5.0%
BB/Ba 1.1%
B 0.6%
CCC & Below 0.2%
Unrated 0.2%
Cash & equivalents 5.7%

Data calculated based on the holdings of the underlying American Funds as of March 31, 2014 (updated quarterly)

Average Life (years) 7.4
Average Duration (years) 5.9

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.

Asset Mix

% of net assets of underlying American Funds as of March 31, 2014 (updated monthly)

U.S. Equities 49.9%
Non-U.S. Equities 26.2%
U.S. Bonds 8.0%
Non-U.S. Bonds 10.2%
Cash & Equivalents 5.7%

Geographic Breakdown

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

United States 58.0%
Europe 25.7%
Asia & Pacific Basin 7.9%
Other (Including Canada & Latin America) 2.8%
Cash & equivalents 5.6%

Assets and Portfolio Turnover (for fiscal years)

Fiscal Year Fund Assets (millions) Portfolio Turnover
2013 $1967.7 0%
2012 $422.9 7%

Assets shown are for combined share classes.

Portfolio Oversight Committee

Number of years with American Funds or affiliates
Alan N. Berro 23
James B. Lovelace 32
Wesley K.-S. Phoa 15
John H. Smet 30
Andrew B. Suzman 21
Bradley J. Vogt 26

(as of the prospectus dated January 1, 2014)

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

Important Legal Information

For fund of funds, investment allocations may not achieve fund objectives. There are expenses associated with the underlying funds in addition to fund of funds expenses. The fund's risks are directly related to the risks of the underlying funds as described below. For more information about the risks associated with each underlying fund, go to its detailed fund information page or read its prospectus.

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.

Lower rated bonds are subject to greater fluctuations in value and risk of loss of income and principal than higher rated bonds. The return of principal for bond funds and for funds with significant underlying bond holdings is not guaranteed. Fund shares are subject to the same interest rate, inflation and credit risks associated with the underlying bond holdings.

* Investment results assume all distributions are reinvested and reflect applicable fees and expenses. The investment adviser is currently waiving its management fee of 0.10%. Investment results shown reflect the waiver, without which the results would have been lower. This waiver will be in effect through at least December 31, 2014, unless modified or terminated by the fund's board. The waiver may only be modified or terminated with the approval of the fund's board.

  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 of funds, including the weighted average expenses of the underlying funds. The industry expense ratio is 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 investment adviser is currently waiving its management fee of 0.10%. Net expense ratios shown reflect the waiver, without which the expenses would have been higher. This waiver will be in effect through at least December 31, 2014, unless modified or terminated by the fund’s board. The waiver may only be modified or terminated with the approval of the fund’s board. Expense ratios are estimated as of each fund’s prospectus and include the weighted average expenses of the underlying funds.

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.

** Allocation percentages and underlying funds are subject to the Portfolio Oversight Committee's discretion and will evolve over time. Underlying funds may be added or removed during the year.


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.