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What is the American funds investment company of America?

The American Funds Investment Company of America focuses on investing in a diverse group of large, well-established companies across the United States. It focuses exclusively on stocks and is optimized for the long-term with a focus on future income over high current yield.

What is the American funds investment company of America (aivsx)?

The American Funds Investment Company of America (AIVSX) first launched in 1934 and is large-blend stock fund. As of May 2023, its AUM were $110.45 billion and 75% of its portfolio is invested in large-cap stocks. As the name implies, the Investment Company of America primarily focuses on American holdings—with 86% of its assets in U.S. equities.

Does American funds charge a sales charge?

There is no sales charge on Class A shares for plans with over $1 million invested in American Funds. Class C shares have higher expenses than Class A shares and a 1% CDSC if shares are sold within the first year of purchase. Class C shares convert to Class A shares after 8 years.

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