About CCFAX
The American Funds College 2036 Fund 529-A is a target-date mutual fund designed to help families and individuals save for future education expenses through a 529 plan. Its primary function is to provide a professionally managed, diversified investment solution tailored to those anticipating college enrollment around the year 2036. The fund follows a glide path strategy, adjusting its asset allocation over time: it starts with higher exposure to growth-oriented investments such as U.S. and non-U.S. equities, and gradually shifts towards greater emphasis on income and capital preservation as the target date approaches.
Notable features of the fund include a broad mix of underlying American Funds, spanning sectors like information technology, financials, industrials, health care, and consumer discretionary. As of the latest reporting, about 46% of assets are allocated to U.S. equities, 16% to non-U.S. equities, and approximately 34% to fixed income securities, including both U.S. and international bonds. The fund is managed with a low expense ratio relative to its peers, and its structure is intended to balance long-term growth objectives with the gradual reduction of market risk as the college enrollment date approaches. This makes the College 2036 Fund a significant vehicle within the education savings landscape, providing systematic diversification and professional oversight for those planning for future higher education costs.
Fund Family Capital Group
Category Mixed-Asset Target 2040
Performance Rating Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol CCFAX
Share Class Class 529-a
Index S&P 500 TR
CCFAX had a total return of 14.82% in the past year, including dividends. Since the fund's
inception, the average annual return has been 12.57%.
