The American Funds College Enrollment Fund - Class 529-T (TCADX) is a mutual fund designed to help investors save for college expenses. This fund is specifically tailored for 529 college savings plans, which offer tax benefits for education-related expenses. The fund invests in a diversified portfolio of stocks and bonds, with a focus on long-term growth potential. It is managed by American Funds, a reputable investment management company known for its conservative and disciplined approach to investing. The Class 529-T shares have a lower expense ratio compared to other share classes, making it a cost-effective option for investors looking to save for their children's education.