American Funds AMCAP Fund Class C is a mutual fund focused on achieving long-term capital growth by investing primarily in common stocks of established U.S. companies with strong historical and projected growth. Managed by Capital Research and Management Company, the fund employs a growth-oriented strategy, targeting large-cap businesses that demonstrate robust profitability and potential for continued expansion. Its portfolio is diversified across sectors—with a particular emphasis on technology, healthcare, and consumer discretionary industries—featuring prominent holdings in companies such as Microsoft, Broadcom, Alphabet, Amazon.com, and Meta Platforms. The fund also maintains a modest allocation outside the United States, with limited exposure to Canada, Europe, and emerging markets, and a portion held in cash and equivalents. As a large growth fund, it is designed as a core holding for investors seeking participation in the dynamic sectors of the U.S. economy, and its structure includes a blend of long-term investment philosophy and active research-driven management. Class C shares are tailored for those preferring level-load share classes, with annual expenses and a conversion feature after a set period.
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