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Quiet Giant American Funds Should Be on Your Radar Screen
Let's take a moment to shine a light on American Funds, maybe the best fund shop you haven't heard much -- if anything -- about.
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You might be surprised to hear that the Los Angeles-based shop is the nation's third largest with more than $300 billion in its 26 stock and bond funds. When I worked as a fund marketer my colleagues and I routinely marveled at this quiet giant because its team-managed funds had the magic combination: consistent outperformance with minuscule annual expenses. ...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,300.10 | 1,094.31 | 2,171.97 | 33.64 |
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