American Funds 2015 Target Date Retirement Fd Cl F-1

Frequently Asked Questions About FAKTX

What does FAKTX invest in?

This fund aims for a triple objective: capital appreciation, consistent income generation, and the safeguarding of initial capital. Following its target date, the fund typically allocates a greater proportion of its holdings to fixed income, equity-income, and balanced portfolios. The advisor pursues these aims by strategically investing in a diverse array of American Funds, utilizing various combinations and weightings. These underlying American Funds encompass a spectrum of categories, such as growth-and-income, equity-income, balanced, and fixed-income funds. Each of these categories is designed to achieve distinct investment objectives.

What is the expense ratio of FAKTX?

American Funds 2015 Target Date Retirement Fd Cl F-1 (FAKTX) charges an expense ratio of 0.66%. This is the annual fee deducted from fund assets to cover management and operations.

How big is FAKTX?

American Funds 2015 Target Date Retirement Fd Cl F-1 (FAKTX) manages $4.46B 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 FAKTX actively managed or an index fund?

FAKTX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was FAKTX launched?

American Funds 2015 Target Date Retirement Fd Cl F-1 (FAKTX) launched in February 2014 and is managed by Capital Group.

How has FAKTX performed?

FAKTX'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.