How much can I exchange to a fund?
There is no minimum exchange amount for funds you already own. However, if you’re exchanging to new funds, the minimum is $250 ($1,000 for the money market fund and state-specific tax-exempt funds). There is no maximum exchange amount for existing or new funds.
Can I exchange to different share classes?
Exchanges are generally only allowed within the same share class. However, you can exchange Class A shares in American Funds Money Market Fund® to Class C shares of most other funds. You should also keep in mind that a sales charge may be applied if you are exchanging from Class A shares in American Funds Money Market Fund to another fund if those shares were not already subject to a sales charge.
What is a prospectus?
A prospectus is a disclosure document describing the investment objectives and operating policies of a mutual fund. The document is designed to provide you with the information you need to make an informed decision about investing in a mutual fund (e.g., the background of fund managers and key financial data such as expenses and fund assets).