
American Funds 2055 Target Date Retirement Fd Cl F-1 (FAJTX)
FAJTX Price Chart
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FAJTX Fund Profile
Key details and information about American Funds 2055 Target Date Retirement Fd Cl F-1 (FAJTX).
Sector Focus
Financial Services
Industry
Asset Management
Inception Date
24 Feb 2014
Country
US
Description
This fund dynamically modifies its asset allocation over time, typically dedicating a larger portion of its investments to fixed income, equity-income, and balanced funds as it approaches and eventually passes its designated target date. To achieve its investment goals, the advisor strategically invests in a diverse selection of American Funds, employing distinct combinations and weightings. These underlying American Funds represent a broad spectrum of categories, including growth, growth-and-income, equity-income, balanced, and fixed income portfolios, each characterized by unique objectives and investment strategies.
FAJTX Fund Performance
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