American Funds 2050 Target Date Retirement Fund - American Funds/Capital Group

Shareclass
American Funds 2050 Target Date Retirement Fund Class A (AALTX)
Type
Open-end mutual fund
Target date
American Funds Target Date Retirement Fund - American Funds/Capital Group
Deforestation grade: Fund is invested in deforestation-risk agricultural commodity producer/traders, below the threshold of 0.5%. Assigned a grade of C.
How we track deforestation-risk investments
C
7.69%
INVESTED IN DEFORESTATION-RISK COMPANIES
producers
AGRIBUSINESS
deforestation-risk producers and traders of palm oil, paper/pulp, rubber, timber, cattle, and soy
banks
BANKS AND LENDERS
that finance deforestation-risk agribusiness producers via lending and underwriting
consumers
MAJOR CONSUMER BRANDS
that use deforestation-risk agribusiness commodities in products
84
holdings flagged
7.69%
of assets flagged
This fund contains
 $3.06 BILLION invested 
in holdings flagged for deforestation risk
American Funds, owned by Capital Group, has huge investments in companies like Pepsico, Yum Brands, Hormel, McDonald's and Procter & Gamble that use palm oil, cattle and paper pulp in their products but have failed to eliminate deforestation from their operations. This means Capital Group has a key role to play in voting for No Deforestation policies at these companies and engaging with company management to make sure these policies are implemented. Tell Capital Group to adopt a No Deforestation Policy!
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producers
Commodity producers
10 holdings
0.46% of assets
$181.54 MILLION invested
banks
Banks and lenders
16 holdings
2.08% of assets
$829.9 MILLION invested
consumers
Major consumer brands
63 holdings
5.25% of assets
$2.09 BILLION invested
Commodity producers
Commodity producers
10 HOLDINGS
Companies that produce and trade palm oil, paper/pulp, rubber, timber, cattle, and soy, and have a past record or a significant risk of contributing to deforestation, land grabbing, and human rights abuses. Investing in any of these companies assigns a fund a grade of C if total producer exposure is below the threshold of 0.5%; a grade of D if below 1.5%; and a grade of F if above 1.5%.
10 HOLDINGS
  • % of portfolio
    $ invested
  • 1. International Paper Co
    Paper/pulp producer
    0.17%0.17% of portfolio
    $67.92M$67.92M invested
    Paper/pulp producer
  • 2. Glencore PLC
    Soy producerPalm oil producer
    0.08%0.08% of portfolio
    $33.07M$33.07M invested
    Soy producerPalm oil producer
  • 3. Bunge Global SA
    Soy producerPaper/pulp producerPalm oil producer
    0.06%0.06% of portfolio
    $22.01M$22.01M invested
    Soy producerPaper/pulp producerPalm oil producer
  • 4. ITOCHU Corp
    Timber producerRubber producerPaper/pulp producerPalm oil producer
    0.05%0.05% of portfolio
    $20.16M$20.16M invested
    Timber producerRubber producerPaper/pulp producerPalm oil producer
  • 5. Marubeni Corp
    Timber producerRubber producerPaper/pulp producer
    0.04%0.04% of portfolio
    $14.74M$14.74M invested
    Timber producerRubber producerPaper/pulp producer
View next 5
Banks and lenders
Banks and lenders
16 HOLDINGS
Financial institutions directly and indirectly involved in underwriting and lending to deforestation-risk producers and traders. Investing in any of these companies assigns a fund a grade of B (assuming there are no investments in producers).
16 HOLDINGS
  • % of portfolio
    $ invested
  • 1. JPMorgan Chase & Co
    0.72%0.72% of portfolio
    $288.23M$288.23M invested
  • 2. Bank of America Corp
    0.29%0.29% of portfolio
    $115.79M$115.79M invested
  • 3. Morgan Stanley
    0.25%0.25% of portfolio
    $99.04M$99.04M invested
  • 4. Citigroup Inc
    0.17%0.17% of portfolio
    $67.9M$67.9M invested
  • 5. Banco Bilbao Vizcaya Argentaria SA
    0.13%0.13% of portfolio
    $52.57M$52.57M invested
View next 5
Major consumer brands
Major consumer brands
63 HOLDINGS
Consumer goods retailers that source palm oil, paper/pulp, rubber, timber, cattle, and soy from deforestation-risk producers and traders and sell it to consumers worldwide. Investing in any of these companies assigns a fund a grade of B (assuming there are no investments in producers).
63 HOLDINGS
  • % of portfolio
    $ invested
  • 1. Amazon.com Inc
    Soy major consumer brandCattle major consumer brandTimber major consumer brandRubber major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
    1.55%1.55% of portfolio
    $618.62M$618.62M invested
    Soy major consumer brandCattle major consumer brandTimber major consumer brandRubber major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
  • 2. Starbucks Corp
    Soy major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
    0.48%0.48% of portfolio
    $191.3M$191.3M invested
    Soy major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
  • 3. Home Depot Inc/The
    Cattle major consumer brandTimber major consumer brandRubber major consumer brandPaper/pulp major consumer brand
    0.32%0.32% of portfolio
    $125.76M$125.76M invested
    Cattle major consumer brandTimber major consumer brandRubber major consumer brandPaper/pulp major consumer brand
  • 4. Nestle SA
    Soy major consumer brandCattle major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
    0.28%0.28% of portfolio
    $112.52M$112.52M invested
    Soy major consumer brandCattle major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
  • 5. CVS Health Corp
    Palm oil major consumer brand
    0.26%0.26% of portfolio
    $102.84M$102.84M invested
    Palm oil major consumer brand
View next 5
View more info
DATA AS OF 31 Oct 2025





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