About RCHTX
The American Funds 2045 Target Date Retirement Fund Class R-3 is a target-date mutual fund designed to simplify retirement investing for individuals expecting to retire around the year 2045. Managed by Capital Research and Management Company, the fund’s primary function is to provide a diversified portfolio that automatically adjusts its asset allocation over time, shifting from a focus on growth (via equities) in its early years to greater emphasis on income and capital preservation (through fixed income and balanced funds) as the target date approaches. The fund invests in a carefully selected mix of underlying American Funds, spanning growth, growth-and-income, equity-income, balanced, and bond strategies, which helps manage risk and return throughout the investor’s working years and retirement transition. As a participant in the broader American Funds Target Date Retirement Series, this fund plays a significant role in employer-sponsored retirement plans, offering a streamlined option for retirement savers seeking a professionally managed, age-appropriate investment solution with automatic rebalancing and glide path adjustments as they near retirement.
Fund Family Capital Group
Category Target-Date 2045
Performance Rating Above Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol RCHTX
Share Class Class R-3
Index S&P Target Date 2045 TR
RCHTX had a total return of 17.91% in the past year, including dividends.
Since the fund's inception, the average annual return has been 8.28%.
