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  1. Oct 31, 2021 · American Funds is part of Capital Group, which was founded in 1931 and manages over $2.2 trillion in assets as of 2021. Capital Group can be found around the globe, with 7,800 employees in offices in multiple locales, including North America, Europe, Asia, and Australia.

    • Kent Thune
  2. Aug 8, 2023 · I have to call them to reinstate access. by Mike, 8/3/2023. Pros: Best return of any mutual fund. Cons: high front load fee's with small balances, under $250,000. Review: I've had AmFunds for 30 years, 5 separate funds. They have outperformed Vanguard funds by almost 2%. Smart choosing of funds is imperative.

    • Available Account Types
    • ETFs from Capital Group
    Joint and individual taxable accounts
    529 plans
    UGMA/UTMA
    Coverdell ESA
    Core Equity ETF, CGUS
    Core Plus Income ETF, CGCP
    Dividend Value ETF, CGDV
    Global Growth Equity ETF, CGGO
  3. Sep 5, 2023 · American Funds is a division of privately owned Capital Group, which was founded in 1931. Based in Los Angeles, Capital Group is among the largest asset management firms in the U.S., with $2.2 ...

    • Mark Kolakowski
  4. Jun 30, 2020 · The Growth Fund of America ( AGTHX): A less-aggressive alternative compared to other large-cap growth funds. Has a minimum initial investment of $250, a front-load fee of 5.75%, and an expense ratio of 0.65%. The New Economy Fund ( ANEFX): A new tech fund for investors wanting to expand into technology.

  5. Aug 24, 2023 · 8) American Balanced Fund. Launched in July 1975, the American Balanced Fund (ABALX) seeks long-term capital and income growth by investing at least 60% of its assets in common stock and 40% in ...

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  7. Jan 3, 2023 · Of the 31 funds chosen from a universe of more than 8,000 eligible funds, seven were American Funds: American Balanced Fund®. Allocation — 50% to 70% Equity. The Income Fund of America®. Allocation — 70% to 85% Equity. The Growth Fund of America®. Large Growth. American Mutual Fund®. Large Value.

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