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American Funds AMCAP 529A CAFAX

Morningstar Analyst Rating
Analyst rating as of
NAV / 1-Day Return
42.99  /  1.22 %
Total Assets
88.8 Bil
Adj. Expense Ratio
0.710%
Expense Ratio
0.710%
Fee Level
Low
Longest Manager Tenure
15.23 years
Category
Large Growth
Investment Style
Large Growth
Min. Initial Investment
250
Status
Open
TTM Yield
0.16%
Turnover
35%

USD | NAV as of Jul 23, 2021 | 1-Day Return as of Jul 23, 2021, 9:31 PM GMT+00:00

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Morningstar’s Analysis

Will CAFAX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Process Pillar

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The Process Pillar is our assessment of how sensible, clearly defined, and repeatable CAFAX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

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The People Pillar is our evaluation of the CAFAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

Parent Pillar

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The Parent Pillar is our rating of CAFAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Upcoming Manager Retirement at American Funds AMCAP Does Not Change Its Ratings

Strategist

Analyst Note

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Veteran manager Barry Crosthwaite will transition off American Funds AMCAP on Jan. 1, 2022, and retire from American Funds’ parent Capital Group around that time. He worked in business for 14 years before transitioning to asset management and spent his entire 25-year investment career at Capital Group. Crosthwaite will also step away from his portfolio management duties on American Funds Investment Company of America AIVSX and American Funds Growth Fund of America AGTHX on Sept. 1, 2021, and Nov. 1, 2021, respectively.

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