Jonathan Bell Lovelace believed that fundamental research is essential to achieving superior long-term investment results. The small company he founded in 1931 has grown into one of the world’s most respected financial institutions.
American Funds Receives Top Honors on Morningstar’s “Fantastic 43” List
LOS ANGELES, October 12, 2017 — Thirteen American Funds have been cited for excellence in the Morningstar® FundInvestor℠ “Fantastic 43” list – the most of any fund family. This represents more than half of the fund family’s assets under management. Morningstar’s review of nearly 8,000 mutual funds identified a select group of funds considered for criteria such as expenses, manager ownership, returns, stewardship and risk ratings.
“We are honored that our funds have been recognized by Morningstar for delivering superior results at a low cost to investors,” said Matt O’Connor, president of American Funds Distributors, a division of Capital Group. “This speaks to our long-term and successful focus on helping investors save for a secure retirement.”
“We know that identifying a successful fund can seem daunting to many investors, and the Morningstar Fantastic 43 list can be a useful guide. In addition, our research finds that investors can use two simple screens to identify funds more likely to deliver superior results over time – funds with expenses in the lowest quartile and funds run by portfolio managers who invest their own money alongside the investors.”
The 13 American Funds that made Morningstar’s 2017 Fantastic 43 list are at right :
American Balanced Fund®
Capital Income Builder®
Capital World Growth and Income Fund®
EuroPacific Growth Fund®
American Funds Global Balanced Fund℠
The Growth Fund of America®
The Income Fund of America®
The Investment Company of America®
New Perspective Fund®
New World Fund®
SMALLCAP World Fund®
Washington Mutual Investors Fund℠
Morningstar’s Fantastic 43 list includes data for each fund, showing the expense ratio, risk rating, tenure of the longest serving portfolio manager, the fund’s annualized return over that manager’s tenure and the return of the fund’s benchmark or category benchmark.
Since 1931, Capital Group, home of the American Funds, has been singularly focused on delivering superior results for long-term investors using high-conviction portfolios, rigorous research and individual accountability. Today, Capital Group manages more than U.S. $1.6 trillion in equity and fixed income assets for millions of individual and institutional investors around the world.*
*As of June 30, 2017
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 mutual fund prospectuses and summary prospectuses, which can be obtained from a financial professional, and should be read carefully before investing. Similar information about collective investment trusts can be obtained from Capital Group or participants’ plan provider or employer.