Buying Shares | American Funds

How to Use Your Account

Buying shares

Once you’ve opened an American Funds account, you have several options for managing it and buying additional shares.

Buying additional shares

Once you add a bank account, you can buy shares online or by phone. Otherwise, you can submit the investment check and instructions by mail.

Online

1.  Log in to your account.

2.  Click Buy.

3.  Select your amount.

4.  Select your bank account.

          If you do not have a bank account on file you will be prompted to add one. You will need to provide your:

  • Bank account registration
  • Routing number
  • Account number
  • Bank name

5.  Review and confirm your transaction.

 

PhoneContact us

 

Mail – Send the following to the Service Center address in your region.

 

  • Investment check payable to:

 

  • Investment instructions, including:
  • o  Account registration

    o  Account number

    o  Amount to invest (per fund)

    o  Contribution year (if applicable, when investing in a traditional or Roth IRA)

Establishing an automatic investment plan

Also known as dollar cost averaging, an automatic investment plan authorizes us to deduct a specified dollar amount from your bank account on the schedule you choose. Investing small amounts regularly over the long term can help you weather market fluctuations.

To set up an automatic investment plan online:

1. Log in to your account.

2. Click Automatic Transactions.

3. In the Investments section for the selected account, click Add New.

For more information

If you have questions about buying shares, please contact your financial professional or call us for assistance.


Ready to buy shares?


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 provides state tax and other state benefits, such as financial aid, scholarship funds and protection from creditors, not available through CollegeAmerica. Before investing in any state's 529 plan, investors should consult a tax advisor. 

If withdrawals from 529 plans are used for purposes other than higher education, the earnings will be subject to a 10% federal tax penalty in addition to federal and, if applicable, state income tax.

Content contained herein is not intended to serve as impartial investment or fiduciary advice. The content has been developed by Capital Group, which receives fees for managing, distributing and/or servicing its investments.

Regular investing does not ensure a profit or protect against loss. Investors should consider their willingness to keep investing when share prices are declining.