Exchange To | American Funds

Exchange To

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.

Please note: For 2017, the total you can contribute to all your IRAs is $5,500 ($6,500 if you’re age 50 or older) or 100% of compensation, whichever is less. Contributions exceeding these amounts may be subject to IRS penalties.

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 U.S. Government 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 U.S. Government Money Market Fund to another fund if those shares were not already subject to a sales charge.

Please note: Please contact your financial adviser or Shareholder Services for specific questions about share classes.

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).

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

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.