American Funds IS 2040 Target Date Fund — new fund registration

AMERICAN FUNDS INSURANCE SERIES registered 6 new fund series on Form 485APOS, filed 2023-02-10. Featured series: American Funds IS 2040 Target Date Fund.

Registration

Registrant / trust: AMERICAN FUNDS INSURANCE SERIES
CIK: 0000729528
Form: 485APOS
Filed: 2023-02-10
State of incorporation: MA
Accession: 0000051931-23-000130
Reported net assets: $19.6M

Series & classes (24)

Series	Class	Ticker	New
American Funds IS 2040 Target Date Fund	Class 1A	—	Yes
American Funds IS 2040 Target Date Fund	Class 1	—	Yes
American Funds IS 2040 Target Date Fund	Class 2	—	Yes
American Funds IS 2040 Target Date Fund	Class 4	—	Yes
American Funds IS 2045 Target Date Fund	Class 4	—	Yes
American Funds IS 2045 Target Date Fund	Class 1A	—	Yes
American Funds IS 2045 Target Date Fund	Class 1	—	Yes
American Funds IS 2045 Target Date Fund	Class 2	—	Yes
American Funds IS 2050 Target Date Fund	Class 4	—	Yes
American Funds IS 2050 Target Date Fund	Class 2	—	Yes
American Funds IS 2050 Target Date Fund	Class 1A	—	Yes
American Funds IS 2050 Target Date Fund	Class 1	—	Yes
American Funds IS 2055 Target Date Fund	Class 1A	—	Yes
American Funds IS 2055 Target Date Fund	Class 2	—	Yes
American Funds IS 2055 Target Date Fund	Class 4	—	Yes
American Funds IS 2055 Target Date Fund	Class 1	—	Yes
American Funds IS 2060 Target Date Fund	Class 1A	—	Yes
American Funds IS 2060 Target Date Fund	Class 2	—	Yes
American Funds IS 2060 Target Date Fund	Class 4	—	Yes
American Funds IS 2060 Target Date Fund	Class 1	—	Yes
American Funds IS 2065 Target Date Fund	Class 1	—	Yes
American Funds IS 2065 Target Date Fund	Class 1A	—	Yes
American Funds IS 2065 Target Date Fund	Class 2	—	Yes
American Funds IS 2065 Target Date Fund	Class 4	—	Yes

Fees (from the effective prospectus)

12b-1 fee: 0.00%
Gross expense ratio: 0.64%
Management fee: 0.00%
Net expense ratio: 0.66%
Other expenses: 0.29%

Investment objective

Depending on the proximity to its target date, which we define as the year that corresponds roughly to the year in which the investor expects to retire, the fund will seek to achieve the following objectives to varying degrees: growth, income and conservation of capital. The fund will increasingly emphasize income and conservation of capital by investing a greater portion of its assets in fixed income, equity-income and balanced funds as it approaches and passes its target date. In this way, the fund seeks to balance total return and stability over time.

Advisers

Capital Research and Management Company (Advisor)