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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
Our dynamic approach to equity allocation
Michelle Black
Solutions Portfolio Manager
Raj Paramaguru
Solutions Portfolio Manager
Jay Binstock
Client Solutions Strategist

 


Driven by a philosophy to both build and preserve wealth over a participant’s lifetime, the American Funds Target Date Retirement Series® adjusts the amount and type of equities over time in an effort to generate returns and manage risk by using the diversity of characteristics across equity factors such as size, volatility, and growth versus value.

Key takeaways:

  • Equity recharacterization: A gradual, dynamic equity exposure shift from growth to yield creates an approach that seeks to better align to specific investor objectives.

  • Roles of equity: We aim to provide prudent capital appreciation, income across the dividend spectrum and reduced portfolio volatility in varying degrees across the glide path, consistent with underlying fund objectives.

  • A focus on dividend payers: Our Series seeks to incorporate high-dividend stocks in its approach, which may potentially offer advantages over simply changing the mix of stocks and bonds.

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Michelle Black is a solutions portfolio manager with 29 years of investment industry experience (as of 12/31/2023). She holds a bachelor’s in business administration from the University of Southern California. She also holds the Certified Investment Management Analyst® and Certified Private Wealth Advisor® designations, is a member of the Investments & Wealth Institute and serves on the CIMA commission.

Raj Paramaguru is a solutions portfolio manager with 26 years of industry experience (as of 12/31/2023). He holds an MBA with honors from University of Chicago’s Booth School of Business, a master’s degree in industrial engineering from the University of Cincinnati and a bachelor’s degree in mechanical engineering from Anna University, India. He also holds the Chartered Financial Analyst® designation.

Jay Binstock is a client solutions strategist with 13 years of industry experience (as of 12/31/2021). He holds a bachelor’s degree in business administration, finance from the University of Southern California.


Learn more about

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 and summary prospectuses, which can be obtained from a financial professional and should be read carefully before investing.

Although the target date portfolios are managed for investors on a projected retirement date time frame, the allocation strategy does not guarantee that investors' retirement goals will be met. Investment professionals manage the portfolio, moving it from a more growth-oriented strategy to a more income-oriented focus as the target date gets closer. The target date is the year that corresponds roughly to the year in which an investor is assumed to retire and begin taking withdrawals. Investment professionals continue to manage each portfolio for approximately 30 years after it reaches its target date.

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.

All Capital Group trademarks mentioned are owned by The Capital Group Companies, Inc., an affiliated company or fund. All other company and product names mentioned are the property of their respective companies.

Use of this website is intended for U.S. residents only. Use of this website and materials is also subject to approval by your home office.

American Funds Distributors, Inc.

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.