An explanation of how each American Fund is affected by the fee waiver and/or expense reimbursements is shown below. Investment results reflect the waiver and reimbursements, without which results would have been lower. See the effect of the waiver and reimbursements on results for Class R-1, R-2, R-2E, R-3, R-4, R-5E, R-5 and R-6 shares.
Please see each fund’s most recent annual report or prospectus for details.
|EuroPacific Growth Fund®|
|The Growth Fund of America®|
|The New Economy Fund®|
|New Perspective Fund®|
|New World Fund®|
|SMALLCAP World Fund®|
|American Funds Developing World Growth and Income FundSM|
|American Mutual Fund®|
|Capital World Growth and Income Fund®|
|International Growth and Income FundSM|
|The Investment Company of America®|
Washington Mutual Investors FundSM
|Capital Income Builder®|
|The Income Fund of America®|
|American Balanced Fund®|
|American Funds Global Balanced FundSM|
|Money Market fund|
|American Funds U.S. Government Money Market FundSM|
|Target Date funds|
|American Funds 2060 Target Date Retirement Fund®|
|Retirement Income Portfolio Series funds|
|American Funds Retirement Income Portfolio - EnhancedSM|
|American Funds Retirement Income Portfolio - ModerateSM|
|American Funds Retirement Income Portfolio - ConservativeSM|
Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so they may lose value.
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.