This fund aims to accomplish three main goals: achieving capital appreciation, producing regular income, and safeguarding its principal. Its investment approach adjusts over time; specifically, as the fund approaches and then passes its target retirement date, it increasingly allocates a larger portion of its portfolio to fixed income, equity-income, and balanced strategies. To fulfill these objectives, the fund's manager strategically builds a diversified portfolio from various American Funds, utilizing different mixtures and weightings.
