About FAQTX
The American Funds 2035 Target Date Retirement Fund Class F-1 is a diversified mutual fund designed to help investors prepare for retirement around the year 2035. Its primary function is to serve as a professionally managed, all-in-one investment solution that gradually shifts its allocation from growth-oriented assets toward more income-focused and conservative investments as the target retirement date approaches and passes. The fund invests in a mix of underlying American Funds, including growth, growth-and-income, equity-income, balanced, and fixed income funds, providing broad exposure to both U.S. and international stocks and bonds.
As the fund moves closer to its target date and through retirement, it increasingly emphasizes income and capital preservation by allocating more assets to fixed income and equity-income securities. This glide path strategy is designed to help manage risk and support income needs during retirement, while still maintaining equity exposure for potential capital growth. The fund continues to be actively managed for about 30 years after its target date, supporting investors well into their retirement years. With a focus on balancing risk and return, the American Funds 2035 Target Date Retirement Fund Class F-1 plays a significant role in retirement planning for individuals seeking a streamlined, adaptive investment approach.
Fund Family Capital Group
Category Target-Date 2035
Performance Rating High
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol FAQTX
Share Class Class F-1
Index S&P Target Date 2035 TR
FAQTX had a total return of 15.41% in the past year, including dividends. Since the fund's
inception, the average annual return has been 13.69%.
