American Funds’ parent Capital Group will publicly name firm veteran Grant Cambridge to American Funds American Mutual’s portfolio management team on Jan. 1, 2021. This news does not change the fund’s Morningstar Analyst Rating of Gold or Silver, depending on the share class.
Will RMFAX 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 RMFAX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the RMFAX 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 RMFAX’s parent organization’s priorities and whether they’re in line with investors’ interests.