Adviser Center

Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so they may lose value.

Equity investments are subject to market fluctuations. Investing outside the United States involves additional risks, such as currency fluctuations, periods of illiquidity and price volatility, as more fully described in the prospectus. These risks may be heightened in connection with investments in developing countries. Small-company stocks entail additional risks, and they can fluctuate in price more than larger company stocks. The value of fixed-income securities may be affected by changing interest rates and changes in credit ratings of the securities. Lower rated bonds are subject to greater fluctuations in value and risk of loss of income and principal than higher rated bonds. Income from tax-exempt bond funds may be subject to state or local income taxes. Additionally, income from all tax-exempt bond funds except for The Tax-Exempt Bond Fund of America may be subject to the federal alternative minimum tax. Certain other income from tax-exempt bond funds, as well as capital gain distributions, may be taxable. Fund shares of U.S. Government Securities Fund are not guaranteed by the U.S. government. The Tax-Exempt Fund of California, Tax-Exempt Fund of Maryland and Tax-Exempt Fund of Virginia are more susceptible to factors adversely affecting issuers of their states' tax-exempt securities than more widely diversified municipal bond funds. Although the money market funds seek to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in these funds. For more information about the risks associated with each fund, go to its detailed fund information page or read the prospectus.

The return of principal for bond funds and for funds with significant underlying bond holdings (New World Fund, Capital Income Builder, The Income Fund of America, American Balanced Fund and funds in the American Funds Target Date Retirement Series^®) is not guaranteed. Fund shares are subject to the same interest rate, inflation and credit risks associated with the underlying bond holdings.

Information provided at americanfunds.com/adviser is intended for use by financial advisers with persons who are eligible to purchase U.S.-registered investment funds.

For financial professionals only. Not for use with the public. Investors should carefully consider the investment objectives, risks, charges and expenses of the American Funds and CollegeAmerica^®. This and other important information is contained in each fund's summary prospectus and prospectus and the CollegeAmerica Program Description, which can be obtained from a financial professional and should be read carefully before investing. CollegeAmerica is distributed by American Funds Distributors^® and sold through unaffiliated intermediaries.