The American Funds Growth Portfolio 529-F-3 is a mutual fund designed to pursue long-term capital appreciation by investing primarily in growth-oriented companies. It achieves diversification by blending a mix of underlying American Funds, each contributing a unique strategy and exposure, resulting in a portfolio heavily weighted toward U.S. equities (over 76%) but also featuring significant international stock holdings (about 20%) to capture global growth potential. This fund strategically allocates assets across key sectors such as information technology, industrials, consumer discretionary, health care, and financials, with technology representing the largest component. The 529-F-3 share class is tailored for education savings within 529 plans, offering low management fees and expenses to maximize net returns for long-term investors. As part of the Capital Group suite of investment options, this portfolio serves as a convenient, professionally managed solution for investors seeking exposure to growth sectors in both domestic and international markets, while benefiting from the rigorous research and active management of the American Funds family.
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