Effect of fee waivers and expense reimbursements on Class R share returns
Effect of fee waivers and/or expense reimbursements on Class R-1 share returns
Figures shown are past results and are not predictive of results in future periods. Current and future results may be lower or higher than those shown. Fund results shown are at net asset value with all distributions reinvested. If a sales charge had been deducted, the results would have been lower. Share prices and returns will vary, so investors may lose money. Investing for short periods makes losses more likely. Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so they may lose value.
An investment in the money market fund is not insured or guaranteed by the FDIC or any other government agency. Although the fund seeks to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in the fund.
Class R-1 shares as of November 30, 2013
|Cash-equivalent||Date shares first sold||Average annual total returns since shares first sold|
|With reimbursements||Without reimbursements|
|American Funds Money Market Fund®||5/1/09||0.00%||*|
|Retirement target date||Date shares first sold||Average annual total returns since shares first sold|
|With waivers and/or reimbursements||Without waivers and/or reimbursements|
|American Funds 2055 Target Date Retirement Fund®||2/1/10||12.57%||*|
|American Funds 2050 Target Date Retirement Fund®||2/1/07||4.88%||*|
|American Funds 2045 Target Date Retirement Fund®||2/1/07||4.88%||*|
|American Funds 2040 Target Date Retirement Fund®||2/1/07||4.88%||*|
|American Funds 2035 Target Date Retirement Fund®||2/1/07||4.82%||*|
|American Funds 2030 Target Date Retirement Fund®||2/1/07||4.82%||*|
|American Funds 2025 Target Date Retirement Fund®||2/1/07||4.47%||*|
|American Funds 2020 Target Date Retirement Fund®||2/1/07||3.85%||*|
|American Funds 2015 Target Date Retirement Fund®||2/1/07||3.74%||*|
|American Funds 2010 Target Date Retirement Fund®||2/1/07||3.47%||*|
Investment results assume all distributions are reinvested and reflect applicable investment fees and expenses. Class R shares are sold without a sales charge. Class R shares were first offered on May 15, 2002. When applicable, investment results reflect fee waivers and/or expense reimbursements, without which results would have been lower. Read details about how waivers and/or reimbursements affect the results for each fund.
For the target date funds, the investment adviser is currently waiving its management fee of 0.10% and reimbursing certain expenses in all share classes of American Funds 2055 Target Date Retirement Fund. After December 31, 2013, the adviser may modify or terminate the waiver, but only with fund board approval. In addition, the investment adviser has in the past reimbursed certain expenses for all share classes of the other target date funds. Investment results shown reflect the waiver and reimbursements, without which the results would have been lower. The adviser has committed to retain any reimbursements only through December 31, 2013.
* These returns will be available 6–8 business days after month-end.
For more information about the risks, fees and expenses associated with each fund, read the prospectus.
Investors should carefully consider investment objectives, risks, charges and expenses. This and other important information is contained in the fund prospectuses and summary prospectuses, which can be obtained from a financial professional or downloaded and should be read carefully before investing.