American Funds 2050 Target Date Retirement Fund®

Shareclass
American Funds 2050 Trgt Date Retire R6 (RFITX)
Type
Open-end mutual fund
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
7.91%
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
95
holdings flagged
7.82%
of assets flagged
This fund contains
 $2.41 BILLION invested 
in holdings flagged for deforestation risk
Take action
producers
Commodity producers
16 holdings
0.39% of assets
$119.83 MILLION invested
banks
Banks and lenders
16 holdings
1.41% of assets
$434.14 MILLION invested
consumers
Major consumer brands
72 holdings
6.15% of assets
$1.89 BILLION invested
Commodity producers
Commodity producers
16 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%.
16 HOLDINGS
  • % of portfolio
    $ invested
  • 1. Glencore PLC
    Soy producerPalm oil producer
    0.17%0.17% of portfolio
    $52.66M$52.66M invested
    Soy producerPalm oil producer
  • 2. Bunge Global SA
    Soy producerPaper/pulp producerPalm oil producer
    0.08%0.08% of portfolio
    $25.31M$25.31M invested
    Soy producerPaper/pulp producerPalm oil producer
  • 3. Neste OYJ
    Soy producerPalm oil producer
    0.03%0.03% of portfolio
    $10.03M$10.03M invested
    Soy producerPalm oil producer
  • 4. ITOCHU Corp
    Timber producerRubber producerPaper/pulp producerPalm oil producer
    0.03%0.03% of portfolio
    $9.41M$9.41M invested
    Timber producerRubber producerPaper/pulp producerPalm oil producer
  • 5. JBS SA
    Soy producerCattle producerPaper/pulp producer
    0.02%0.02% of portfolio
    $6.22M$6.22M invested
    Soy producerCattle 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
    $220.26M$220.26M invested
  • 2. Morgan Stanley
    0.16%0.16% of portfolio
    $48.2M$48.2M invested
  • 3. ING Groep NV
    0.14%0.14% of portfolio
    $42.86M$42.86M invested
  • 4. Banco Bilbao Vizcaya Argentaria SA
    0.12%0.12% of portfolio
    $38.41M$38.41M invested
  • 5. DBS Group Holdings Ltd
    0.05%0.05% of portfolio
    $15.89M$15.89M invested
View next 5
Major consumer brands
Major consumer brands
72 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).
72 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
    1.2%1.2% of portfolio
    $370.16M$370.16M invested
    Soy major consumer brandCattle major consumer brandTimber major consumer brandRubber major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
  • 2. The Home Depot Inc
    Cattle major consumer brandTimber major consumer brandRubber major consumer brandPaper/pulp major consumer brand
    0.76%0.76% of portfolio
    $234.74M$234.74M invested
    Cattle major consumer brandTimber major consumer brandRubber major consumer brandPaper/pulp major consumer brand
  • 3. Lvmh Moet Hennessy Louis Vuitton SE
    Cattle major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
    0.38%0.38% of portfolio
    $117.88M$117.88M invested
    Cattle major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
  • 4. Nestle SA
    Soy major consumer brandCattle major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
    0.29%0.29% of portfolio
    $90.29M$90.29M 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
    $79.7M$79.7M invested
    Palm oil major consumer brand
View next 5
View more info
DATA AS OF 31 Mar 2024
Financial performance
Performance data provided byMorningstarFind more financial data on RFITX at Morningstar.com
Current fund
RFITX
American Funds 2050 Target Date Retirement Fund®
Family
American Funds/Capital Group
Category
Target-Date 2050
vs.
Benchmark
IVV
iShares Core S&P 500 ETF
Family
iShares from BlackRock
Category
Large Blend
Fund comparison settings
Investment timeline
Performance as of: 5/31/24
1 year
3 years
5 years
10 years
Benchmark
Suggested: Not available
IVV - iShares Core S&P 500 ETF
Fund comparison results
Compared to the benchmark, this fund has:
Lower 10-yr returns 
-3.57% less in annualized returns
More invested in commodity producers 
0.16% more invested
Less invested in banks and lenders 
1.07% less invested
Less invested in major consumer brands 
5.68% less invested
Current fund
RFITX
American Funds 2050 Target Date Retirement Fund®
Family
American Funds/Capital Group
Category
Target-Date 2050
vs.
Benchmark
IVV
iShares Core S&P 500 ETF
Family
iShares from BlackRock
Category
Large Blend
Fund comparison settings
Investment timeline
Performance as of: 5/31/24
1 year
3 years
5 years
10 years
Benchmark
Suggested: Not available
IVV - iShares Core S&P 500 ETF
Fund comparison results
Compared to the benchmark, this fund has:
Lower 10-yr returns 
-3.57% less in annualized returns
More invested in commodity producers 
0.16% more invested
Less invested in banks and lenders 
1.07% less invested
Less invested in major consumer brands 
5.68% less invested
Current fund
RFITX
American Funds 2050 Target Date Retirement Fund®
Family
American Funds/Capital Group
Category
Target-Date 2050
vs.
Benchmark
IVV
iShares Core S&P 500 ETF
Family
iShares from BlackRock
Category
Large Blend
Fund comparison settings
Investment timeline
Performance as of: 5/31/24
1 year
3 years
5 years
10 years
Benchmark
Suggested: Not available
IVV - iShares Core S&P 500 ETF
Fund comparison results
Compared to the benchmark, this fund has:
Lower 10-yr returns 
-3.57% less in annualized returns
More invested in commodity producers 
0.16% more invested
Less invested in banks and lenders 
1.07% less invested
Less invested in major consumer brands 
5.68% less invested
Month-end trailing returns  
Annualized returns
Deforestation analysis
1-yr
3-yr
5-yr
10-yr
Commodity producers
This fund
RFITX - American Funds 2050 Target Date Retirement Fund®
21%
3.99%
11%
9.08%
0.39% 
Benchmark
IVV - iShares Core S&P 500 ETF
28%
9.54%
16%
13%
0.23% 
Fund compared to benchmark
 
-6.87%
-5.55%
-4.68%
-3.57%
0.16%  higher
Find more financial data on RFITX at Morningstar.com
Take Action
Call on U.S. investment firms to implement Deforestation and Land Grab-Free investment policies.
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