|Expense Ratio (net)||0.66%|
|Morningstar Risk Rating||★★|
|Last Cap Gain||0.00|
|Inception Date||Nov 30, 1973|
|Average for Category||N/A|
American Funds returned around 6% in the first quarter, more than the category average of 5.9%.
Finding the right share class for you depends on a mix of factors, including your time horizon and investable assets.
Financial pundits shouted about record high levels for the stock market in 2016, but for actively managed stock mutual funds there was another record, one they would rather keep quiet: the largest amount of net withdrawals ever recorded. U.S.-based actively managed stock funds suffered $288 billion in withdrawals year-to-date through November, the largest on record, according to Thomson Reuters Lipper service. On the passive side, stock index mutual funds and equity exchange-traded funds each attracted about the same amount of new cash, more than $112 billion apiece in 2016, Lipper said.