About RBEFX
American Funds 2035 Target Date Retirement Fund, Class R-2E, is a **multi-asset mutual fund designed for investors planning to retire around the year 2035**. Its primary function is to offer a diversified, professionally managed solution within a single fund, progressively shifting its asset allocation from growth-oriented investments to more conservative holdings as the target date approaches. Early in its lifecycle, the fund emphasizes capital appreciation through a robust allocation to U.S. and international equities spanning sectors such as information technology, industrials, financials, and health care. As the fund nears and passes 2035, it systematically increases exposure to bonds and equity-income assets to focus on income and capital preservation.
The fund draws from a wide range of underlying American Funds portfolios, blending U.S. and non-U.S. stocks, bonds, and balanced funds to achieve its objectives. Its ongoing management and automated asset allocation adjustment—known as the 'glide path'—make it particularly suitable for employer-sponsored retirement plans and individual savers seeking a hands-off investment tool that adapts over time. This structure aims to balance growth and stability, addressing the evolving risk profile and income needs of investors nearing retirement.
Fund Family Capital Group
Category Target-Date 2035
Performance Rating Above Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol RBEFX
Share Class Class R-2e
Index S&P Target Date 2035 TR
RBEFX had a total return of 14.72% in the past year, including dividends. Since the fund's
inception, the average annual return has been 13.08%.
