- What does RICAX invest in?
- The fund invests primarily in common stocks, most of which have a history of paying dividends. It may invest up to 15% of its assets, at the time of purchase, outside the United States. Although the fund focuses on investments in medium to larger capitalization companies, the fund's investments are not limited to a particular capitalization size.
- What is the expense ratio of RICAX?
- American Funds Investment Company of America;R1 (RICAX) charges an expense ratio of 1.33%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is RICAX?
- American Funds Investment Company of America;R1 (RICAX) manages $185.64B 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 RICAX actively managed or an index fund?
- RICAX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
- When was RICAX launched?
- American Funds Investment Company of America;R1 (RICAX) launched in December 1933 and is managed by Capital Group.
- How has RICAX performed?
- RICAX'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.
