American Fds 2020 Target Date Retirement Fund Cl R3 (RCCTX)

The American Fds 2020 Target Date Retirement Fd Cl R3 (RCCTX) 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 R3" in the name indicates that this fund is intended for retirement accounts and has a lower expense ratio compared to other share classes. Overall, this fund offers a diversified portfolio of investments that are suitable for investors who are planning to retire in the year 2020.