APRIL 25, 2016
Mindful that enhancing outcomes for participants is the ultimate goal of retirement plan sponsors, we’re pleased to announce that eight funds in the American Funds Target Date Retirement Series® have won 2016 Lipper Fund Awards for achieving consistently strong results.
Of the eight target date funds honored, seven won for multiple time frames and one for a single period. This marks the third year in a row that our target date funds have captured top Lipper honors.
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 or the funds’ characteristics statement, which can be obtained from a financial professional or your relationship manager, and should be read carefully before investing.
Each target date fund is composed of a mix of 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 actively 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.