American Funds AMCAP's enhanced flexibility should enable this fund to weather volatility and come out ahead. Its cheapest share classes retain a Morningstar Analyst Rating of Gold, while its pricier shares get Silver.
Morningstar’s Fund Analysis CAFFX
Will CAFFX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable CAFFX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the CAFFX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of CAFFX’s parent organization’s priorities and whether they’re in line with investors’ interests.