Key characteristics of the AFIS funds.
*Our aligned funds share identical investment objectives, portfolio manager teams and management fees to their retail counterparts.
Designed to help investors build retirement savings, plan for retirement distributions and preserve long-term assets.
American Funds® Managed Risk Growth Portfolio
American Funds® Managed Risk Growth and Income Portfolio
American Funds® Managed Risk Global Allocation Portfolio
Each of our managed risk funds provides investors with a diversified portfolio combined with a dynamic risk management strategy.
Managed Risk Growth-Income Fund
A suite of 13 vintages from one of America's leading target date fund providers.†
American Funds® IS 2010 Target Date Retirement Income Fund‡
American Funds® IS 2015 Target Date Retirement Income Fund‡
American Funds® IS 2020 Target Date Retirement Income Fund‡
American Funds® IS 2025 Target Date Retirement Income Fund‡
American Funds® IS 2030 Target Date Retirement Fund‡
American Funds® IS 2035 Target Date Retirement Fund‡
American Funds® IS 2040 Target Date Retirement Fund‡
American Funds® IS 2045 Target Date Retirement Fund‡
American Funds® IS 2050 Target Date Retirement Fund‡
American Funds® IS 2055 Target Date Retirement Fund‡
American Funds® IS 2060 Target Date Retirement Fund‡
†Effective May 1, 2026, American Funds Insurance Series – International Fund is now American Funds Insurance Series – EUPAC Fund and American Funds Insurance Series – Global Small Capitalization Fund is now American Funds Insurance Series – SMALLCAP World Fund. In addition, the American Funds Insurance Series – Managed Risk International Fund is now American Funds Insurance Series – Managed Risk EUPAC Fund.
‡Effective May 1, 2026 the American Funds® IS 2010 Target Date Fund has been renamed to the American Funds® IS 2010 Target Date Retirement Income Fund. The 2015, 2020 and 2025 funds have been renamed in the same way.
In addition, the American Funds® IS 2030 Target Date Fund has been renamed to the American Funds® IS 2030 Target Date Retirement Fund. The 2035, 2040, 2045, 2050, 2055, 2060, 2065 and 2070 funds have been renamed in the same way.
Source: Morningstar Direct, based on 2025 target date inflows (by mutual funds, CITs, and mutual fund to CIT conversions) as of 12/31/25.
** Source: ISS Market Intelligence MarketPulse powered by Simfund, as of 12/31/25. Variable annuities not including fixed accounts.
Variable annuities may impose a variety of fees that may affect the growth of your client's portfolio. Variable annuities have investment and/or withdrawal limitation requirements. Early withdrawals may incur a fee. Guarantees are subject to the claims-paying ability of the issuing insurance company.