Investment Fund

Share Class
Purchase Restrictions: Class 529-F-2 share funds are available only for CollegeAmerica accounts sold through Registered Investment Advisors.

Summary

Internal Prompt
A balanced approach to global growth-and-income investing. This globally diversified balanced fund has the ability to invest between 45% and 75% in equities, with an emphasis on well-established companies. The diversified and predominantly high-quality fixed income portion of the portfolio has the potential to provide income and limit volatility.
Price at NAV $38.42 as of 11/22/2024 (updated daily)
Fund Assets (millions) $26,618.4
Portfolio Managers
5
Expense Ratio
(Gross/Net %)
0.59 / 0.59%
Prospectus
Internal Prompt

Returns at NAV

Returns with Sales Charge

Asset Mix

U.S. Equities36.3%
Non-U.S. Equities26.7%
U.S. Bonds15.7%
Non-U.S. Bonds16.7%
Cash & Equivalents
4.5%
As of 10/31/2024 (updated monthly)

Growth of 10K

Read important investment disclosures

High & Low Prices

Market Capitalization

90.3%
Large
9.4%
Medium
0.3%
Small
$444,679.00 Million
Weighted Average


As of 9/30/2024 (updated quarterly). FactSet data as of 9/30/2024 (updated quarterly).

Morningstar Ownership ZoneTM

Global Allocation
Weighted average of holdings
75% of fund's stock holdings
Morningstar data as of 9/30/24 (updated quarterly)
INSIGHTS ON THE MORNINGSTAR OWNERSHIP ZONE

Fund Statistics

5.9 years
Effective Duration
4.6%
Average Yield
to Worst
4.2%
Average Coupon
% of net assets as of 10/31/2024 (updated monthly)

Morningstar Style BoxTM— Fixed-Income

Medium Quality
Moderate Interest-Rate Sensitivity
Morningstar data as of 9/30/24 (updated quarterly)

Description

Fund Objective
This fund seeks the balanced accomplishment of three objectives: long-term growth of capital, conservation of principal and current income.
Distinguishing Characteristics
This globally diversified balanced fund has the ability to invest generally between 45% and 75% of its assets in equities, with an emphasis on well-established companies, including those paying dividends and those with attractive growth prospects. The diversified and predominantly high-quality fixed income portion of the portfolio has the potential to provide income and limit volatility.
Types of Investments
The fund normally maintains at least 45% of its assets in common stocks and other equity investments, with a focus on medium- and larger-sized companies. Typically, the fund also invests at least 25% of its assets in investment-grade (BBB/Baa and above) fixed-income securities (or unrated, but determined by the fund’s investment adviser to be of equivalent quality), including government/agency, corporate, mortgage- and asset-backed securities and money market instruments.
Holdings Outside the U.S.
The fund normally invests a significant portion of its assets outside the U.S., including in emerging market countries. Bonds issued outside the U.S. are typically denominated in currencies other than U.S. dollars.
Portfolio Restrictions
Most of the fund's fixed-income securities are investment-grade (rated BBB-/Baa3 or better, or unrated but determined to be of equivalent quality by the fund's investment adviser). However, the fund may invest up to 5% of its assets in lower quality, higher yielding debt securities (rated BB+/Ba1 or below, or unrated but determined to be of equivalent quality), including securities convertible into common stocks.

Fund Facts

Fund Inception 2/01/2011
Fund Assets (millions)
As of 10/31/2024
 $26,618.4
Companies/Issuers
Holdings are as of 10/31/2024 (updated monthly).
 410+
Shareholder Accounts
Shareholder accounts are as of 10/31/2024
 2,858
Regular Dividends Paid
Mar, Jun, Sep, Dec
Minimum Initial Investment $250
Capital Gains Paid
Dec
Portfolio Turnover (2023) 91%
Fiscal Year-End Oct
Prospectus Date 01/01/2024
CUSIP 02629W 742
Fund Number 1637

Returns

Internal Prompt

Month-End Returns as of 10/31/24

Returns at NAV
| With Sales Charge
Read important investment disclosures
FFGGX
60%/40% MSCI All Country World Index/Bloomberg Global Aggregate Index
ANNUAL RETURNS CHART

Quarter-End Returns as of 9/30/24

Internal Prompt

Volatility & Return

Read important investment disclosures
For Class 529-F-2 Shares, this chart tracks the 10-year standard deviation
and 10-year annualized return of the equity funds
FFGGX
60%/40% MSCI All Country World Index/Bloomberg Global Aggregate Index
Other AF Funds
Standard Deviation as of 10/31/2024 (updated monthly) . Annualized return as of 10/31/2024 (updated monthly) .
VIEW LARGER CHART
Internal Prompt

Yield

12-month
Distribution Rates
30-day SEC Yield
Fund at NAV 1.96% 2.78%
Fund at MOP N/A N/A
As of 10/31/2024 (updated monthly)

Valuation

Price/ Price/ Price/
Book
Cash Flow
Earnings
Fund 2.94 12.51 16.74
60%/40% MSCI All Country World Index/Bloomberg Global Aggregate Index
2.80 12.30 17.80
Fund as of 9/30/24. Index as of 9/30/24.

Portfolio Management

Years of Experience with Fund
Years of Experience with Capital Group
Years of Experience with Investment Industry
Alfonso Barroso 11 29 30
Philip Chitty 1 20 29
Andrew A. Cormack 5 5 19
Bradford F. Freer 4 30 33
Winnie Kwan 11 24 29
A boldface number indicates that years of experience with Capital Group is equal to years of experience with investment industry.

Ratings & Risk

Morningstar Rating TM


Overall Morningstar RatingTM
Funds rated(333)
3-yr. Morningstar RatingTM
(333 funds rated)
5-yr. Morningstar RatingTM
(320 funds rated)
10-yr. Morningstar RatingTM
(239 funds rated)
Overall Morningstar Risk Average
HIGH
LOW
Category
Global Allocation
ADVANTAGES AND DISADVANTAGES OF MORNINGSTAR RATINGS
Ratings are based on risk-adjusted returns as of 10/31/2024 (updated monthly).

Risk Measures

Fund
Standard Deviation
10.14
Sharpe Ratio
0.38
For the 10 Years ending 10/31/24 (updated monthly).
American Funds
Benchmark
Morningstar
Benchmark
60%/40% MSCI All Country World Index/Bloomberg Global Aggregate Index
Morningstar Mod Tgt Risk TR USD
R-squared
-- 95
Beta
-- 0.98
Capture Ratio (Downside/Upside)
--/-- 103/97
American Funds Benchmark for the 10 Years ending -- (updated monthly).
Morningstar Benchmark for the 10 Years ending 10/31/24 (updated monthly).
U.S. Treasuries/Agencies
18.8%
AAA/Aaa
24.3%
AA/Aa
7.9%
A
22.0%
BBB/Baa
19.4%
BB/Ba
4.7%
B
0.2%
Unrated
2.7%
% of net assets as of 10/31/2024 (updated monthly)

Average Life Breakdown

0-4.9 Years
14.9%
5-9.9 Years
11.8%
10-19.9 Years
2.7%
20-29.9 Years
2.5%
30+ Years
0.6%
% of net assets as of 9/30/2024 (updated monthly)

Holdings

Equities Breakdown

Sectors | Top Industries
Equity Fund Holdings
 Information technology 10.1%
Health care 8.9%
Industrials 8.5%
Financials 8.0%
Consumer staples 5.4%
Consumer discretionary 5.1%
Communication services 4.8%
Materials 4.4%
Utilities 3.8%
Energy 2.8%
Real estate 1.2%

% of net assets as of 10/31/2024 (updated monthly)

Bonds Breakdown

Top Equities

Microsoft
2.8%
Broadcom
2.6%
Meta Platforms
1.7%
Rtx Corp
1.7%
Alphabet
1.5%
Freeport-McMoRan
1.4%
Apple
1.4%
Sanofi
1.3%
Canadian Natural Resources
1.3%
Philip Morris International
1.1%

% of net assets as of 10/31/2024 (updated monthly)

Geographic Breakdown

Regions | Top Countries
United States
52.0%
Europe
21.9%
Asia & Pacific Basin
13.3%
Other (Including Canada & Latin America)
8.2%
Cash & equivalents
4.5%
% of net assets as of 10/31/2024 (updated monthly)

The New Geography of Investing ®

Equity Portion Breakdown by Domicile | Equity Portion Breakdown by Revenue
Regions Fund
60%/40% MSCI All Country World Index/Bloomberg Global Aggregate Index
United States 57.6% --
Canada 3.7% --
Europe 25.0% --
Japan 4.5% --
Asia-Pacific ex. Japan 2.0% --
Emerging Markets 7.3% --

% of net assets as of 10/31/2024 (updated monthly)

Fund Breakdown by Domicile

Regions Fund
60%/40% MSCI All Country World Index/Bloomberg Global Aggregate Index
United States 36.3% --
Canada 2.3% --
Europe 15.8% --
Japan 2.8% --
Asia-Pacific ex. Japan 1.2% --
Emerging Markets 4.6% --
Cash & Equivalents
4.6% --
Fixed Income 32.4% --

% of net assets as of 10/31/2024 (updated monthly)

Prices & Distributions

Internal Prompt

Historical Prices Month-End

2024

Historical Prices Year-End

Internal Prompt

Historical Distributions as of 11/22/24

FIND HISTORICAL DISTRIBUTIONS
2024
Record
Date		 Calculated
Date		 Pay Date
Income Dividend Regular
Income Dividend Special
Cap. Gains Long-Term
Cap. Gains Short-Term
Reinvest NAV
03/22/24 03/22/24 03/25/24 $0.1416 $0.00 $0.00 $0.00 $37.32
06/21/24 06/21/24 06/24/24 $0.2416 $0.00 $0.00 $0.00 $37.65
09/23/24 09/23/24 09/24/24 $0.2093 $0.00 $0.00 $0.00 $39.56
2024 Year-to-Date: Dividends Subtotal: $0.5925 Cap Gains Subtotal: $0.00
Total Distributions: $0.5925

Fees & Expenses

Internal Prompt

Fees

Annual Management Fees 0.44%
Other Expenses 0.15%
Service 12b-1 --
As of each fund's most recent prospectus.
Internal Prompt

Expense Ratio

FFGGX 0.59%
Lipper Flexible Portfolio Funds Average
--%
Fund as of most recent prospectus. Lipper Category as of -- (updated quarterly).