American Fds 2020 Target Date Retirement Fund Cl R2 (RBCTX)

The American Fds 2020 Target Date Retirement Fd Cl R2 (RBCTX) is a mutual fund that is designed to help investors reach their retirement goals by the year 2020. This fund is part of the American Funds family and is classified as a "target date" fund, meaning that it automatically adjusts its asset allocation as the target date approaches. The "Cl R2" in the name indicates that this fund is a class of shares with a specific fee structure. Overall, RBCTX is a retirement-focused mutual fund that aims to provide investors with a diversified portfolio and a suitable risk level for their retirement timeline.