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RETIREMENT PLAN INVESTOR

Use your plan ID (available on your account statement) to determine which employer-sponsored retirement plan website to use:

IF YOUR PLAN ID BEGINS WITH IRK, BRK, 754, 1 OR 2

Visit americanfunds.com/retire

IF YOUR PLAN ID BEGINS WITH 34 OR 135

Visit myretirement.americanfunds.com

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Categories
Emerging Markets
Emerging consumers are leading the world in mobile commerce

 


The rapid adoption of mobile devices is driving consumption trends around the world, but even more so in fast-growing emerging markets such as China, India and Brazil. To underscore that point, consumers in many developing countries are surpassing their developed-market counterparts when it comes to the growth of e-commerce purchases and use of other online services.


In certain areas, such as mobile payment platforms, Chinese tech companies are building massive scale and leapfrogging Silicon Valley in advancements. Meanwhile, venture capital investments are surging throughout Asia as investors search for the “next big thing.” India, for instance, has become a prime battleground for U.S. and Chinese internet giants seeking share of mind in e-commerce, financial services and ride-hailing.



Past results are not predictive of results in future periods.

Investing outside the United States involves risks, such as currency fluctuations, periods of illiquidity and price volatility, as more fully described in the prospectus. These risks may be heightened in connection with investments in developing countries.

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Statements attributed to an individual represent the opinions of that individual as of the date published and do not necessarily reflect the opinions of Capital Group or its affiliates. This information is intended to highlight issues and should not be considered advice, an endorsement or a recommendation.