American Funds College Target Date Series® is making room for newborns – or anyone planning to enroll in college in 17 to 19 years. The College Target Date 2033 Fund will be available to investors on March 27, 2015.
As part of the series’ investment strategy, a fund is merged with the College Enrollment Fund® when it reaches its target enrollment date. It is anticipated that the merger of American Funds College 2015 Fund® will be completed by June 2015; however, the series reserves the right to delay the closing of the merger.
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, 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, Inc. and sold through unaffiliated intermediaries.
Depending on your state of residence, there may be an in-state plan that offers tax and other benefits not available through CollegeAmerica.