The American Funds 2050 Target Date Retirement Fund F-2 is a diversified mutual fund designed to support investors planning to retire around the year 2050. As a target-date retirement fund, its primary purpose is to provide a single, professionally managed solution that dynamically adjusts its asset allocation over time. Early in its lifecycle, the fund emphasizes capital growth by allocating a significant portion of its assets to equities, including both domestic and international stocks, with exposure to large-cap and small-cap segments through underlying American Funds portfolios. As the target retirement year approaches, the fund gradually reallocates toward more conservative investments, increasing its holdings in fixed income, equity-income, and balanced funds to prioritize income and capital preservation. This fund is notable for its broad diversification across asset classes and geographic regions, aiming to balance return potential with risk management. Managed by Capital Research and Management Company, the fund benefits from active oversight and a glide path strategy that reduces equity exposure as investors near and move through retirement. Its structure is tailored for individuals seeking an adaptable investment that evolves to meet changing retirement needs, making it a cornerstone vehicle for retirement planning within the American Funds Target Date Retirement Series.