The Growth Fund of America®

American Funds®

Share Class C

Prospectus Growth 
 fund Growth
 
Overview

The Growth Fund of America may be appropriate for:

  • Growth-oriented investors who want a time-tested fund for their long-term financial goals
  • Investors who are seeking a broadly diversified holding for their portfolios
  • Investors seeking a core holding for their retirement plans

Objective

The fund's investment objective is to provide growth of capital.

Manager

The fund is managed by Capital Research and Management Company, one of the nation’s oldest, largest and most respected investment management firms. Since 1931, Capital Research has invested with a long-term focus based on thorough research and attention to risk.

Fund information
  • Began operations: 12/01/73
  • Expense ratio:* 1.50%
  • Investment expenses paid annually:† $15.00 for a $1,000 balance
  • Ticker symbol: GFACX
Top 10 holdings
  1. Amazon 4.0%
  2. Gilead Sciences 3.9%
  3. Google 3.8%
  4. Comcast 2.0%
  5. Home Depot 1.7%
  1. EOG Resources 1.6%
  2. UnitedHealth Group 1.5%
  3. Amgen 1.4%
  4. Microsoft 1.4%
  5. NIKE 1.2%
Where the fund was invested
fund holdings
Past results

Figures shown are past results and are not predictive of results in future periods. Current and future results may be lower or higher than those shown here. For more current information and month-end results, click here. Share price and return will vary, so you may lose money. Investing for short periods makes losses more likely. Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so they may lose value. Unless otherwise indicated, all results are calculated at net asset value. Returns at net asset value would have been lower if the contingent deferred sales charge had been deducted. Returns with CDSC reflect deduction of a contingent deferred sales charge (1%) on shares sold within the first year of purchase.

HistReturn
Average annual total returns through 9/30/14
Class C Shares
  Latest10 years Latest5 years Latest3 years Latestyear
At net asset value 7.90% 13.28% 22.07% 15.48%
With CDSC 7.90% 13.28% 22.07% 14.48%
 

 

Investment results reflect the deduction of applicable fees and expenses and the reinvestment of all distributions. When applicable, investment results reflect fee waivers and/or expense reimbursements, without which results would have been lower. Read details about how waivers and/or reimbursements affect the results for each fund.

Class C shares were first offered on March 15, 2001 (on February 21, 2014, in funds in the American Funds Target Date Retirement Series). Class C share results prior to the date of first sale are hypothetical based on Class A share results without a sales charge, adjusted for estimated additional annual expenses. Class C shares convert to Class F-1 shares after 10 years. View dates of first sale and specific expense adjustment information for Class C shares. Please see the fund prospectus for more information about specific expenses.

In applying any particular asset allocation model to your own individual situation, you should consider your other assets, income and investments. For example, in addition to your retirement plan investments, you should consider any investments (including those in an Individual Retirement Account) and savings accounts.

A 1% contingent deferred sales charge may apply to Class C shares sold within one year of purchase. Class C shares convert to Class F-1 shares after 10 years.

Investors should carefully consider investment objectives, risks, charges and expenses. This and other important information is contained in the fund prospectuses and summary prospectuses, which can be obtained from your plan’s financial professional or downloaded and should be read carefully before investing. You can find a link to the prospectus at the top of the page.