Ten American Funds Named to Morningstar’s “Fantastic 48” | American Funds

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October 24, 2014
Ten American Funds Named to Morningstar’s “Fantastic 48”

For the third year in a row, Morningstar® has conducted a rigorous test of mutual funds. In June, it announced its “Fantastic 48,” and we’re proud to say that 10 American Funds were named to the list.

More than 7,000 funds were put to the test. The 48 funds that made the list passed a stringent set of selection criteria. To qualify, a fund must have:

  • Beaten the fund’s benchmark since the start date of the longest-tenured manager
  • Expense ratios in the cheapest quintile of the category
  • A manager with at least five years’ worth of experience
  • A Morningstar Analyst Rating of Bronze or better
  • A positive parent organization rating
  • At least one manager who has at least $500,000 invested in the fund
  • An overall Morningstar Risk that is not “High”
  • Not been limited to institutional investors

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.