College Target Date Series can help make saving for education easier than ever
Our seven target date funds were designed to address the key challenges of saving for the rising cost of education. A single investment provides diversification and a glide path matched to each client’s investing time horizon, making saving for education easier than ever.
The glide path
A glide path aligned with college investors’ needs
- We offer seven target date funds in three-year increments. The target date is the year that corresponds roughly to the year in which the beneficiary is expected to begin taking withdrawals.
- Our target date funds are monitored by the Target Date Solutions Committee, a seasoned group of investment professionals. They use a rigorous process to determine the glide path for the series and the combinations of American Funds in each fund of funds.
- As the fund moves along the glide path toward the enrollment date, investment professionals gradually adjust the portfolio over time so that it becomes more preservation-oriented.
- The allocation strategy does not guarantee that investors' education savings goals will be met. Investors and their financial professionals should periodically evaluate their investment to determine whether it continues to meet their needs.
American Funds college target date glide path
The nearest dated fund merges with the College Enrollment Fund when it reaches its target enrollment date.
The target allocations shown are as of June 29, 2023, and are subject to the oversight committee's discretion. The investment adviser anticipates assets will be invested within a range that deviates no more than 10% above or below the allocations shown in the prospectus. Underlying funds may be added or removed during the year. Visit capitalgroup.com for current allocations.
Features and benefits
- Convenience — Our target date funds provide diversification in a single, easy-to-use, low-cost investment.
- Designed for educational savings — The funds are designed specifically for educational savings, with two needs in mind:
- Keeping pace with, if not exceeding, the rising cost of education.
- Preserving capital as the enrollment date approaches.
- Automatic asset reallocation — Each fund’s portfolio becomes heavily oriented toward bond funds as the expected target enrollment date nears and grows even more preservation-oriented when the date arrives.
- Time-tested American Funds investments — The American Funds College Target Date Series® is the only 529 college savings plan target date option to solely feature American Funds.
- Experienced oversight — Members of the Target Date Solutions Committee monitor the Series, reviewing results and asset allocations to keep them aligned with each fund’s time horizon.
Availability and management
- Anyone can invest in the American Funds College Target Date Series. Investors generally choose the fund with the target date closest to the year the student is expected to enroll in college but are not precluded from investing in other funds in the same CollegeAmerica® account.
- CollegeAmerica is available in Class 529-A, 529-C, 529-E, 529-F-1, 529-F-2 and 529-F-3 shares.
- The underlying American Funds in the American Funds College Target Date Series are managed using The Capital System™. The allocation percentages and underlying mutual funds within each Series fund are subject to the oversight committee's discretion and may evolve over time. Underlying funds may be added or removed at any time.
Fund information
Fund name |
Current age of child |
College enrollment year |
|---|---|---|
| American Funds College 2042 Fund | 0–3 |
2040–2042 |
| American Funds College 2039 Fund | 4–6 |
2037–2039 |
| American Funds College 2036 Fund | 7–9 |
2034–2036 |
| American Funds College 2033 Fund® | 10–12 |
2031–2033 |
| American Funds College 2030 Fund® | 13–15 |
2028–2030 |
| American Funds College 2027 Fund® | 16–18 |
2025–2027 |
| American Funds College Enrollment Fund® | 18+ |
2024 or already enrolled |
Ready to prospect?
Literature
College Target Date Series (one pager)
Help clients make saving for college straightforward.
Fund information matrix
College Target Date Series fund numbers, CUSIPs and Quotrons.
Supporting products & solutions
Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so they may lose value.
Investors should carefully consider investment objectives, risks, charges and expenses.
This and other important information is contained in the fund prospectuses and summary prospectuses, which can be obtained from a financial professional and should be read carefully before investing.
Similar information is contained in the CollegeAmerica Program Description, which can be obtained from a financial professional and should be read carefully before investing.
CollegeAmerica is distributed by Capital Client Group, Inc., and sold through unaffiliated intermediaries.
Depending on your state of residence, there may be an in-state plan that provides state tax and other state benefits, such as financial aid, scholarship funds and protection from creditors, not available through CollegeAmerica.
Before investing in any state's 529 plan, investors should consult a tax advisor.
CollegeAmerica is a nationwide plan sponsored by Commonwealth Savers.
Investment professionals gradually adjust a college target date portfolio over time so that it becomes more preservation-oriented. The target date is the year that corresponds roughly to the year in which the beneficiary is expected to begin taking withdrawals. The allocation strategy does not guarantee that investors' education savings goals will be met. Investors and their financial professionals should periodically evaluate their investment to determine whether it continues to meet their needs.
All Capital Group trademarks mentioned are owned by The Capital Group Companies, Inc., an affiliated company or fund. All other company and product names mentioned are the property of their respective companies.
Use of this website is intended for U.S. residents only. Use of this website and materials is also subject to approval by your home office.
Capital Client Group, Inc.
This content, developed by Capital Group, home of American Funds, should not be used as a primary basis for investment decisions and is not intended to serve as impartial investment or fiduciary advice.