Can I set up automatic investments with American Funds?

Yes, you can set up automatic investments with American Funds. This feature allows you to automatically invest a specified amount on a regular basis, such as monthly or quarterly, directly from your bank account into your American Funds account. Automatic investments offer convenience and help you maintain a consistent investing strategy without the need for manual transactions. You can easily set up automatic investments by completing the appropriate forms provided by American Funds, specifying the investment amount, frequency, and duration. Additionally, you have the flexibility to make changes or cancel automatic investments at any time. It is a convenient tool that ensures regular contributions to your investment portfolio, helping you reach your financial goals.