What types of funds does American Funds offer?
Asked a year ago
American Funds offers a diverse range of funds to cater to various investor needs. Their fund lineup includes equity funds, such as Growth Fund of America and American Balanced Fund, which seek long-term capital growth and a balanced approach, respectively. For those seeking income generation, they offer bond funds like American High-Income Trust and American Short-Term Bond Fund. Investors looking for more global exposure can choose from international funds like New Perspective Fund and EuroPacific Growth Fund. Additionally, American Funds offers target-date retirement funds, which adjust asset allocation as investors approach their retirement date. They also have tax-exempt bond funds for tax-conscious investors. With this extensive array of funds, American Funds aims to provide investment options for individuals with varying financial goals and risk tolerance levels.
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