I have been with the American funds for 29 years and if I had put all my money in those funds instead of playing the market I would be much better off in my retirement years.
I was curious to see what my AWSHX did for this year, I did not have 1/1/16 available but I did have 1/20/16 to compare today's value with. Including what we just received in dividend, I was up 22.5% for the year and I had no buys or sells during that period. I am happy with 2016 but 2015 was flat (but so was the market). I taught college statistics for 32 years so I do know my numbers.
Latest - Checked and even though all markets are up approximately 5-6% in 2016 all 5 of my American Funds have lost money (under 0% return) for the year. PLEASE research before you buy any American Funds
TRI B.BALL FAN
They are correct in calling American Funds a DAWG, maybe a dawg with flees. I unfortunately have owned CAIBX,AWSHX,AGTHX and the euro trash one. AEPGX. 11 years ago I made the mistake of American Funds, don't do it!
American Funds continue to be horrible. I feel I need to report all this so potential investors know what they are getting into. Yesterday the DIA was up 39 points (0.21%) and Nasdaq up 28 points (0.54%) yet ALL 5 of my American Funds mutuals were down. CWIAX down 1.10%, CGFAX down 0.74%, AMCPX down 0.20%, CNWAX down 3.13% and AWSHX down 0.16%. How bad can these guys invest???
Terrible Funds - American Funds. I have been an investor in American Funds for 28 years and I must say the returns are awful. They always under perform the peer market. ALWAYS! I actually have a college fund for my child and over 9 years the fund is worth less than it was 9 years ago. AVOID AMERICAN FUNDS!