American Funds The Growth Fund of America® Class 529-F (CGFFX)

American Funds The Growth Fund of America 529-F-1 is an actively managed mutual fund designed to pursue long-term capital growth, primarily through investments in common stocks of companies with robust prospects for expansion. Structured as a 529-F-1 share class, this fund is tailored for education savings through 529 college savings plans, offering a tax-advantaged vehicle for families planning for future education expenses. Managed by Capital Group, the fund employs a flexible approach to growth investing, seeking opportunities across traditional growth stocks, cyclical companies, and corporate turnarounds. The fund is diversified across a broad range of sectors, with significant allocations to information technology, industrials, financials, health care, and consumer discretionary industries. With hundreds of equity holdings and a portfolio turnover typically below 30%, it balances active management with a long-term perspective. The fund’s strategy emphasizes attractively valued companies that the management team believes have strong growth potential and the ability to generate shareholder value over time. As one of the largest and most widely held U.S. mutual funds, American Funds The Growth Fund of America 529-F-1 plays a prominent role in both college savings and broader equity investment markets.