4 Best Performing American Funds Mutual Funds of Q1 – April 27, 2017


Recently, American Funds announced that 13 of its funds have been selected for inclusion in the 2017 Q1 Schwab Mutual Fund OneSource Select List prepared by Charles Schwab Investment Advisory. The inclusion of some of the key mutual funds of American Funds in the OneSource Select List is likely to attract more investors with a long-term objective to the American Funds family.


Additionally, two American Funds’ mutual funds belong to the top 10 biggest mutual funds category in terms of asset size. These are EuroPacific Growth Fund and American Funds’ Growth Fund of America.


In the first quarter of 2017, American Funds had about $1.43 trillion of assets under management. The minimum initial investment of the American Funds mutual funds is $250. As of Mar 31, 2017, the total return of the fund family was around 6%, which is more than the category average of 5.9%.


More About American Funds


The second-biggest fund family of the U.S. also drew attention from investors after three of its equity funds, New Perspective RNPGX, Smallcap World Fund RSLFX and EuroPacific Growth RERGX, and its target-date funds won 24 Lipper Fund Awards. American Funds’ target-date funds won in all the 3-year and 5-year categories. Further, American Funds 2030 Target Date Retirement Fund RFETX, which has strong exposure to all the three award-winning equity funds, has returned 5.6% year to date.


Additionally, the fund family generated outstanding returns from some of its key funds last year that was reflected in Morningstar’s 2016 “Fantastic 45” List. Of the 45 funds in the list, 11 belong to the American Funds’ family. Lower expenses, effective fund management and the resilience to survive market volatility have resulted in strong fund returns.


Buy These 4 American Mutual Funds


Founded in 1931, American Funds offers a wide range of financial services all over the world through its offices in different regions including North America and Europe, and 7,000 associates. Generally, American Funds focuses on providing long-term returns to investors. This family deals with more than 64 mutual funds.


We have selected four mutual funds that carry a Zacks Mutual Fund Rank #1 (Strong Buy). These funds have encouraging returns in the first quarter of 2017 and minimum initial investment is within $5000. Also, these funds have low expense ratios.


We expect these funds to outperform their peers in the future. Remember, the goal of the Zacks Mutual Fund Rank is to guide investors to identify potential winners and losers. Unlike most of the fund-rating systems, the Zacks Mutual Fund Rank is not just focused on past performance, but also on the likely future success of the fund.


American Funds New Perspective A ANWPX seeks capital appreciation over the long run. ANWPX invests the lion’s share of its assets in equity securities of companies located and based in different parts of the world. The fund generally focuses on investing in…

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