American Funds 2040 Target Date Retirement Fund Class R-6 (RFGTX) 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.
RFGTX has IPO date of 2009-05-01, listed on the NASDAQ, a market capitalization of $50.37B.
American Funds 2040 Target Date Retirement Fund Class R-6 is a diversified fund that shifts its asset allocation strategy as it approaches and passes its 2040 target retirement date, progressively increasing its allocation to fixed income, equity-income, and balanced investments. The fund achieves its investment objectives by maintaining a dynamic mix of underlying American Funds across multiple categories, including growth funds, growth-and-income funds, equity-income funds, balanced funds, and fixed income funds. This diversified approach allows the fund to balance varying investment strategies and objectives tailored to retirement investors' needs during different life stages.
