American Funds 2060 Target Date Retirement Fund - Class R-5E (RHKTX)

The American Funds 2060 Target Date Retirement Fund - Class R-5E (ticker: RHKTX) is a mutual fund designed for investors who plan to retire in the year 2060. This fund automatically adjusts its asset allocation over time, becoming more conservative as the target date approaches. Class R-5E shares are typically offered to institutional investors and have lower fees compared to other share classes. This fund offers a diversified portfolio of American Funds, providing investors with a well-rounded investment option for their retirement savings.