AUGUST 16, 2017
A target date series is only as strong as its underlying funds. For the sixth year in a row, we’re proud to announce that more than half of the underlying equity-focused funds in the American Funds Target Date Retirement Series® evaluated by Morningstar® made their list for outstanding funds — the “Great 38”. Eleven American Funds were named to the list — that’s more than any other target date series in the industry.* We believe this achievement is a testament not only to the quality of the funds themselves, but to the series’ potential to help investors pursue their long-term retirement goals.
* Morningstar, FundInvestor article, June 2017. Morningstar evaluated funds based on a set of criteria including manager ownership, fund results and expense ratios, as well as Morningstar risk, parent and analyst ratings.
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