American Funds Growth Portfolio Class R-5 is a mutual fund designed to deliver long-term capital growth by investing in a diversified mix of underlying American Funds. The portfolio primarily allocates its assets to growth-oriented funds, providing significant exposure to growth-focused common stocks across a wide range of sectors. Its structure incorporates holdings from prominent funds such as The Growth Fund of America, AMCAP Fund, New Perspective Fund, SMALLCAP World Fund, and The New Economy Fund, among others. This diversification aims to capture robust growth opportunities both domestically and internationally, with approximately 80% of its assets dedicated to pure growth strategies and the remainder supporting growth-and-income objectives. Managed by Capital Research and Management Company, the fund targets investors seeking a broadly diversified, actively managed vehicle for pursuing long-term capital appreciation goals within their overall portfolios. American Funds Growth Portfolio Class R-5 is particularly noted for its relatively low expense ratio compared to peers, making it a cost-efficient option for growth-focused investors.
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