Firm veteran Martin Jacobs will become American Funds AMCAP’s ninth named portfolio manager on May 1, 2021. This news does not alter the strategy’s Morningstar Analyst Ratings of Gold or Silver, depending on share class fees.
American Funds AMCAP R2 RAFBX
NAV / 1-Day Return
37.51
/
0.32
%
Total Assets
86.1 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
1.440%
Expense Ratio
1.440%
Fee Level
Average
Longest Manager Tenure
15.02
years
Category
Large Growth
Investment Style
Large GrowthMin. Initial Investment
250
Status
Open
TTM Yield
0.00%
Turnover
35%
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Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will RAFBX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable RAFBX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the RAFBX 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
The Parent Pillar is our rating of RAFBX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Manager Addition at American Funds AMCAP; Ratings Unchanged
