American Funds AMCAP 529-F-2 (FMMMX)

AMCAP Fund 529-F-2 is a diversified mutual fund that primarily targets long-term growth by investing in companies with established track records and attractive future growth prospects. Managed by Capital Group, the fund emphasizes U.S. common stocks but also includes a modest allocation to non-U.S. equities and convertible preferred stocks, along with cash and equivalents for added flexibility. As of May 2025, the portfolio comprises over 170 holdings, with significant exposure to the information technology, consumer discretionary, industrials, health care, and communication services sectors. The fund's multi-cap, growth-oriented approach results in a focus on large, innovative businesses with strong fundamentals, while maintaining portfolio diversification across multiple industries. AMCAP Fund 529-F-2 is often selected for education-related investment plans, such as 529 college savings accounts, reflecting its long-term growth mandate. With a history dating back to 1967 and assets exceeding $88 billion, the fund plays a prominent role in the U.S. mutual fund landscape, offering investors disciplined growth management and regular dividend distributions in June and December.