American Funds AMCAP R1 (RAFAX)

The American Funds AMCAP Fund Class R-1 is a large-cap growth mutual fund designed to deliver long-term capital appreciation. Its primary objective is to build a diversified portfolio centered on profitable, innovative, and rapidly growing U.S. companies that are leaders within their respective industries. Management selects firms with solid long-term growth records and strong prospects, focusing on dynamic sectors such as technology, consumer discretionary, health care, and industrials. As of early 2025, the fund had over $90 billion in assets and was invested in more than 180 companies, including major names like Microsoft, Alphabet, and Amazon, underscoring its emphasis on blue-chip growth stocks with substantial market influence. With a low portfolio turnover rate and a strategy that favors core growth equities, the American Funds AMCAP Fund Class R-1 serves as a cornerstone for investors seeking exposure to some of the most compelling segments of the U.S. economy while maintaining a disciplined approach to risk management.