American Funds College Target Date Series®
On January 1, 2020, Capital Research and Management Company will be making changes to the Portfolio Oversight Committee (POC), which oversees our multi-asset solutions. The POC will become two distinct teams:
The Portfolio Solutions Committee members will include existing POC members Alan Berro, Wesley Phoa and Andrew Suzman and additional portfolio managers Michelle Black, Samir Mathur, John Queen and Will Robbins.
The Target Date Solutions Committee members will include existing POC members Joanna F. Jonsson, James B. Lovelace, Wesley Phoa and Brad Vogt and additional portfolio managers Michelle Black, David Hoag and Samir Mathur.
American Funds College Target Date Glide Path
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, summary prospectuses, CollegeAmerica Program Description and which can be obtained from a financial professional and should be read carefully before investing. CollegeAmerica and ABLEAmerica are distributed by American Funds Distributors, Inc. and sold through unaffiliated intermediaries.
The return of principal for bond portfolios and for portfolios with significant underlying bond holdings is not guaranteed. Investments are subject to the same interest rate, inflation and credit risks associated with the underlying bond holdings. Lower rated bonds are subject to greater fluctuations in value and risk of loss of income and principal than higher rated bonds.
For more information about the risks associated with each investment, go to its detailed information page or read the prospectus, if applicable.
Investing outside the United States involves risks, such as currency fluctuations, periods of illiquidity and price volatility. These risks may be heightened in connection with investments in developing countries.
The target allocations are as of January 1, 2019, and are subject to the oversight committee's discretion. The investment adviser anticipates that assets will be invested within a range that deviates no more than 10% above or below these allocations. Investment professionals gradually adjust the portfolio over time so that it becomes more preservation-oriented. The allocation strategy does not guarantee that investors' education savings goals will be met. The target date is the year that corresponds roughly to the year in which the beneficiary is expected to begin taking withdrawals. Investors and their advisors should periodically evaluate their investment to determine whether it continues to meet their needs.
Depending on your state of residence, there may be an in-state plan that provides state tax and other state benefits not available through CollegeAmerica (such as financial aid, scholarship funds and protection from creditors) or ABLEAmerica. Before investing in any state's 529 plan, investors should consult a tax advisor.
This content, developed by Capital Group, home of American Funds, should not be used as a primary basis for investment decisions and is not intended to serve as impartial investment or fiduciary advice.