2035 Target Date Retirement Fund | American Funds

American Funds
2035 Target Date
Retirement Fund®

Set your sights on retirement and beyond.

Select a different fund:      2060   |   2055   |   2050   |   2045   |   2040   |   2035   |   2030   |   2025   |   2020   |   2015   |   2010


American Funds 2035 glide path

This fund is designed for individuals who plan to retire and begin taking retirement withdrawals in 2035.

A glide path is a visual representation of how the investments in each of our funds change over time based on the target retirement date. Depending on the proximity to its target date, the fund will seek to achieve the following objectives to varying degrees: growth, income and conservation of capital. Learn more about the benefits of our glide path.

The target allocations shown are as of January 1, 2019, and are subject to the Portfolio Oversight Committee's discretion. The funds’ investment adviser anticipates that the funds will invest their assets within a range that deviates no more than 10% above or below these allocations. Underlying funds may be added or removed during the year. Changes in the equity allocation within the underlying equity-income and balanced funds may affect the overall equity exposure in the target date funds. For quarterly updates of fund allocations, visit AmericanFunds.com.

 


Asset mix

The asset mix seeks to balance risk and return over time by diversifying investments across asset types such as stocks and bonds. Stocks have the highest long-term return potential while bonds can help manage the risk of market declines.

 U.S. stocks

 

51.3%

 Non-U.S. stocks

 

25.8%

 U.S. bonds

 

14.2%

 Non-U.S. bonds

 

1.9%

 Cash & equivalents

 

6.8%

As of 12/31/2018 (updated annually)

Cash and equivalents includes short-term securities, accrued income and other assets less liabilities. It may also include investments in money market or similar funds managed by the investment adviser or its affiliates that are not offered to the public.

For most recent fund statistics, visit americanfunds.com.


Target allocation

The following identifies allocation by investment objective and the underlying funds for each.

 Growth

35.8%

AMCAP Fund®

6.2%

EuroPacific Growth Fund®

4.0%

The Growth Fund of America®

6.1%

The New Economy Fund®

3.1%

New Perspective Fund®

7.0%

New World Fund®

3.2%

SMALLCAP World Fund®

6.2%

 Growth-and-income

34.5%

American Mutual Fund®

5.9%

Capital World Growth and Income Fund®

4.9%

Fundamental Investors®

5.9%

International Growth and Income Fund℠

3.0%

The Investment Company of America®

6.9%

Washington Mutual Investors Fund℠

7.9%

 Equity-income/Balanced

20.1%

Capital Income Builder®

4.0%

The Income Fund of America®

4.0%

American Balanced Fund®

6.0%

American Funds Global Balanced Fund℠

6.1%

 Bond

9.6%

American Funds Inflation Linked Bond Fund®

1.7%

U.S. Government Securities Fund®

7.9%

As of 12/31/2018 (updated annually)

For most recent fund statistics, visit americanfunds.com.

2018 Lipper Fund Awards Lipper Fund Awards from Refinitiv 2018 Lipper Fund Awards Lipper Fund Awards from Refinitiv

Lipper Fund Awards from Refinitiv

Seven of our American Funds target date funds have won 2019 Lipper Fund Awards for achieving consistently strong results. 1
Morningstar Morningstar

Accolades from Morningstar

Eight of the underlying equity funds in the American Funds Target Date Retirement Series® were recognized on the Morningstar® “28 Terrific Funds” list. 2




Why Target Date Funds can be a good choice

(2:31)

See how target date funds work and why they may be the right choice for you. 

 

 For fund results or for information about your retirement plan, talk with your plan provider or employer, or visit your plan’s website.

 

1 From Refinitiv Lipper Awards, ©2019 Refinitiv. All rights reserved. Used by permission and protected by the Copyright Laws of the United States. The printing, copying, redistribution, or retransmission of this Content without express written permission is prohibited. Based on Refinitiv's definition of superior consistency and risk-adjusted return when compared to the Lipper Mixed-Asset Target Date Fund peer groups. The 2019 Lipper Fund Awards from Refinitiv were awarded on March 7, 2019 and were based on Class R-6 shares for the periods ended November 30, 2018.

2 Source: Morningstar, September 4, 2018, “Fund Spy: 28 Terrific Funds,” by Russel Kinnel. Morningstar's criteria for the “Terrific” list include: cheapest quintile of broad level category groupings, manager investment of more than $1 million in the fund, Morningstar Risk rating below the High level, Morningstar Analyst Rating of Bronze or higher, Parent rating of Positive, returns above the fund's benchmark over the manager's tenure. The criteria have changed over the years. Visit https://www.americanfunds.com/advisor/news/american-funds-selected-for-morningstars-28-terrific-funds-list.html for more details. Not all eight funds listed in the “28 Terrific Funds” list are in each target date fund. Underlying funds may change over time.

Fund shares of U.S. Government Securities Fund® are not guaranteed by the U.S. government.


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. 

Investing outside the United States involves risks, such as currency fluctuations, periods of illiquidity and price volatility, as more fully described in the prospectus. These risks may be heightened in connection with investments in developing countries. Small-company stocks entail additional risks, and they can fluctuate in price more than larger company stocks. 

The return of principal for bond funds and for funds with significant underlying bond holdings is not guaranteed. Fund shares are subject to the same interest rate, inflation and credit risks associated with the underlying bond holdings. Lower rated bonds are subject to greater fluctuations in value and risk of loss of income and principal than higher rated bonds. Investments in mortgage-related securities involve additional risks, such as prepayment risk, as more fully described in the prospectus. While not directly correlated to changes in interest rates, the values of inflation-linked bonds generally fluctuate in response to changes in real interest rates and may experience greater losses than other debt securities with similar durations. 

Each target date fund is composed of a mix of the American Funds and is subject to the risks and returns of the underlying funds. Underlying funds may be added or removed during the year. Although the target date funds are managed for investors on a projected retirement date time frame, the funds' allocation strategy does not guarantee that investors' retirement goals will be met. The target date is the year in which an investor is assumed to retire and begin taking withdrawals. American Funds investment professionals manage the target date fund's portfolio, moving it from a more growth-oriented strategy to a more income-oriented focus as the fund gets closer to its target date. Investment professionals continue to manage each fund for 30 years after it reaches its target date. 

This content, developed by Capital Group, home of American Funds, should not be used as a primary basis for investment decisions and is not intended to serve as impartial investment or fiduciary advice.

For funds of funds, figures are based on holdings of the underlying funds as of date shown.

Allocation percentages and underlying funds are subject to the Portfolio Oversight Committee's discretion and will evolve over time. Underlying funds may be added or removed at any time.