- 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 $4.22B 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 is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (FAKTX's is 0.66%) in exchange for the discretion to over- or under-weight positions.
- When was FAKTX launched?
- American Funds 2015 Target Date Retirement Fd Cl F-1 (FAKTX) launched in February 2007 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.
