American Funds 2050 Target Date Retirment Fd Cl F-1 (FAITX)
American Funds 2050 Target Date Retirment Fd Cl F-1 operates in the Asset Management industry of the Financial Services sector, headquartered in Los Angeles, CA, US. The stock last traded at $26.14, up 0.27% on the session, giving a market capitalisation of $43.30B. Its beta of 1.20 implies it has historically moved more than the broad market.
The fund aims for three main objectives: capital appreciation, income generation, and the preservation of capital. As it approaches and moves beyond its target date, the investment strategy shifts to allocate a greater share of assets to fixed-income, equity-income, and balanced funds. The advisor achieves these goals by constructing a portfolio from a diverse array of underlying American Funds, applying various combinations and weightings. These underlying funds encompass a broad range of categories—such as growth, growth-and-income, equity-income, balanced, and fixed-income funds—each selected to address distinct investment objectives.
American Funds 2050 Target Date Retirment Fd Cl F-1 is most often compared with the following Financial Services names: