American Funds 2040 Target Date Retirement Fund Class R-6

As the fund nears and subsequently passes its designated target retirement date, it progressively allocates a larger portion of its assets to fixed income, equity-income, and balanced investment vehicles. The fund's advisor endeavors to fulfill its investment goals by strategically combining various American Funds with distinct weightings. These underlying American Funds encompass a diverse range of categories, including those focused on growth, growth-and-income, equity-income, balanced portfolios, and fixed income instruments, each employing unique investment objectives and methodologies.