American Funds Wins Multiple Lipper Awards for 10 Consecutive Years | Capital Group

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february 28, 2018
American Funds Wins Multiple Lipper Awards for 10 Consecutive Years

Nine Lipper Awards in total for American Funds Target Date Retirement Series®, New Perspective Fund® and American Funds Mortgage Fund®

LOS ANGELES, February 28, 2018 — American Funds, a family of mutual funds from Capital Group, one of the world’s largest investment management firms, has won a total of nine Lipper Fund Awards recognizing American Funds Target Date Retirement Series, New Perspective Fund and American Funds Mortgage Fund. This marks the tenth year in a row American Funds has taken home multiple Lipper awards.

“We are once again honored to be recognized by Lipper for the strong results our funds have delivered to investors,” said Matt O’Connor, president of American Funds Distributors. "We believe our combination of low fees and focus on delivering above average returns provides the value investors seek, particularly in these volatile markets."

“We congratulate American Funds for capturing awards in multiple target date fund categories,” said Robert Jenkins, Global Head of Research at Thomson Reuters Lipper. “Their New Perspective Fund, Mortgage Fund, and Target Date Retirement Series demonstrate the superior risk-adjusted returns we honor.”

American Funds Target Date Retirement Series distinguishes growth- and income-oriented equities and adjusts them to address market and longevity risk. The dynamic glide path allows funds to have meaningful equity exposure throughout retirement.

The New Perspective Fund seeks to take advantage of changing global trade patterns by investing in multinational companies based in the United States and overseas that have strong growth prospects.

American Funds Mortgage Fund seeks to delivers income and preservation of capital through investing in high-quality mortgage-related securities.

The following American Funds were honored by Lipper:

Fund Name

Ticker

Symbol

Lipper

Classification

Winner

Years - 3, 5 or 10

American Funds 2030 Target Date Requirement Fund®, R-6

RFETX

Mixed-Asset Target 2030 Funds

5

American Funds 2040 Target Date Retirement Fund®, R-6

RFGTX

Mixed-Asset Target 2040 Funds

5

American Funds 2050 Target Date Retirement Fund®, R-6

 

RFITX

 

Mixed-Asset Target 2050 Funds

5

American Funds 2035 Target Date Retirement Fund®, R-6

RFFTX

Mixed-Asset Target 2035 Funds

5

American Funds 2045 Target Date Requirement Fund®, R-6

RFHTX

Mixed-Asset Target 2045 Funds

5

American Funds 2055+ Target Date Retirement Fund®, R-6

RFKTX

Mixed-Asset Target 2055+ Funds

5

American Funds Mortgage Fund, R-6

RMAGX

Intermediate U.S. Government Funds

3

American Funds Mortgage Fund, R-6

RMAGX

Intermediate U.S. Government Funds

5

American Funds New Perspective Fund, R-5

RNPFX

Global Large-Cap Growth Funds

10

About Capital Group

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 $1.7 trillion in equity and fixed income assets for millions of individual and institutional investors around the world.*

The Capital Group companies manage equity assets through three investment groups. These groups make investment and proxy voting decisions independently. Fixed income investment professionals provide fixed income research and investment management across the Capital organization; however, for securities with equity characteristics, they act solely on behalf of one of the three equity investment groups.

 

The 2018 Lipper Fund Awards were presented on February 27, 2018. Fund awards were based on risk-adjusted returns as of November 30, 2017.

*As of December 31, 2017

Contact:

Tom Joyce

(213) 615-0514

Tom.Joyce@capgroup.com

Abbas Qasim

(212) 830-0103

Abbas.Qasim@capgroup.com


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 or the collective investment trust's Characteristics statement, which can be obtained from a financial professional, Capital or your relationship manager, and should be read carefully before investing. 

The return of principal for bond funds and for funds with significant underlying bond holdings is not guaranteed. Fund shares are subject to the same interest rate, inflation and credit risks associated with the underlying bond holdings. Investments in mortgage-related securities involve additional risks, such as prepayment risk, as more fully described in the prospectus. 

Each target date fund is composed of a mix of the American Funds and is subject to the risks and returns of the underlying funds. Underlying funds may be added or removed during the year. Although the target date funds are managed for investors on a projected retirement date time frame, the funds' allocation strategy does not guarantee that investors' retirement goals will be met. The target date is the year in which an investor is assumed to retire and begin taking withdrawals. American Funds investment professionals manage the target date fund's portfolio, moving it from a more growth-oriented strategy to a more income-oriented focus as the fund gets closer to its target date. Investment professionals continue to manage each fund for 30 years after it reaches its target date. 

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. 

Securities offered through American Funds Distributors, Inc.