An explanation of how each American Fund is affected by the fee waiver and/or expense reimbursements is shown below. See the effect of the waiver and reimbursements on results for Class R-1, R-2, R-2E, R-3, R-4, R-5 and R-6 shares.
|American Funds Global Growth PortfolioSM|
|American Funds Growth PortfolioSM|
|EuroPacific Growth Fund®|
|The Growth Fund of America®|
|The New Economy Fund®|
|New Perspective Fund®|
|New World Fund®|
|SMALLCAP World Fund®|
American Funds Income PortfolioSM
|Capital Income Builder®|
|The Income Fund of America®|
|American Balanced Fund®|
|American Funds Balanced PortfolioSM|
|American Funds Global Balanced FundSM|
|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.