- What does FAETX invest in?
- This fund is designed to achieve a blend of capital appreciation, income generation, and the preservation of invested capital. Its investment approach is dynamic, gradually increasing its allocation to more conservative asset classes, specifically fixed income, equity-income, and balanced funds, as it nears and subsequently passes its designated target retirement year. The advisor executes this strategy by constructing a portfolio comprised of various underlying funds from the American Funds family, utilizing diverse combinations and weightings. These underlying American Funds represent a wide array of investment categories, including those focused on growth, growth-and-income, equity-income, balanced strategies, and various fixed income instruments, each selected for its distinct investment objectives.
- What is the expense ratio of FAETX?
- American Funds 2030 Target Date Retirement Fd Cl F-1 (FAETX) charges an expense ratio of 0.69%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is FAETX?
- American Funds 2030 Target Date Retirement Fd Cl F-1 (FAETX) manages $51.54B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.
- Is FAETX actively managed or an index fund?
- FAETX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
- When was FAETX launched?
- American Funds 2030 Target Date Retirement Fd Cl F-1 (FAETX) launched in January 2007 and is managed by Capital Group.
- How has FAETX performed?
- FAETX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.
