American Funds 2035 Target Date Retirement Fund (AAFTX) is a publicly traded company in the Financial Services sector, operating within the Asset Management industry. The company is headquartered in Los Angeles, CA, United States.
AAFTX has IPO date of 2007-02-02, listed on the NASDAQ, a market capitalization of $53.73B.
American Funds 2035 Target Date Retirement Fund is a diversified investment fund designed to automatically adjust its asset allocation as it approaches and passes its 2035 target retirement date. The fund pursues its investment objectives by allocating assets across a carefully selected mix of American Funds, including growth funds, growth-and-income funds, equity-income funds, balanced funds, and fixed income funds. As the fund matures toward its target date, it progressively shifts toward a greater allocation in fixed income, equity-income, and balanced funds to reduce risk. This dynamic rebalancing strategy allows investors to maintain a single fund investment while automatically managing the transition from growth-oriented to income-focused positioning over time.
