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
8.2%
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
93
holdings flagged
8.09%
of assets flagged
This fund contains
 $1.99 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!
Sign the petition
producers
Commodity producers
13 holdings
0.43% of assets
$106.01 MILLION invested
banks
Banks and lenders
15 holdings
1.23% of assets
$301.95 MILLION invested
consumers
Major consumer brands
71 holdings
6.67% of assets
$1.64 BILLION invested
Commodity producers
Commodity producers
13 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%.
13 HOLDINGS
  • % of portfolio
    $ invested
  • 1. Bunge Ltd
    Soy producerPaper/pulp producerPalm oil producer
    0.1%0.1% of portfolio
    $25.17M$25.17M invested
    Soy producerPaper/pulp producerPalm oil producer
  • 2. Archer-Daniels Midland Co
    Soy producerPalm oil producer
    0.1%0.1% of portfolio
    $23.84M$23.84M invested
    Soy producerPalm oil producer
  • 3. Glencore PLC
    Soy producerPalm oil producer
    0.08%0.08% of portfolio
    $19.71M$19.71M invested
    Soy producerPalm oil producer
  • 4. Neste Corp
    Soy producerPalm oil producer
    0.04%0.04% of portfolio
    $10.84M$10.84M invested
    Soy producerPalm oil producer
  • 5. PT Astra International Tbk
    Palm oil producer
    0.03%0.03% of portfolio
    $7.96M$7.96M invested
    Palm oil producer
View next 5
Banks and lenders
Banks and lenders
15 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).
15 HOLDINGS
  • % of portfolio
    $ invested
  • 1. JPMorgan Chase & Co
    0.58%0.58% of portfolio
    $141.86M$141.86M invested
  • 2. Morgan Stanley
    0.27%0.27% of portfolio
    $67.28M$67.28M invested
  • 3. ING Groep NV
    0.1%0.1% of portfolio
    $23.51M$23.51M invested
  • 4. DBS Group Holdings Ltd
    0.09%0.09% of portfolio
    $21.64M$21.64M invested
  • 5. Citigroup Inc
    0.05%0.05% of portfolio
    $11.92M$11.92M invested
View next 5
Major consumer brands
Major consumer brands
71 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).
71 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
    0.85%0.85% of portfolio
    $209.57M$209.57M 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
    0.71%0.71% of portfolio
    $174.22M$174.22M 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
    0.57%0.57% of portfolio
    $141.19M$141.19M 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
    0.35%0.35% of portfolio
    $86.67M$86.67M invested
    Soy major consumer brandCattle major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
  • 5. Johnson & Johnson
    Paper/pulp major consumer brandPalm oil major consumer brand
    0.24%0.24% of portfolio
    $58.58M$58.58M invested
    Paper/pulp major consumer brandPalm oil major consumer brand
View next 5
View more info
DATA AS OF 30 Jun 2023
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
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: 7/31/23
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 
-3.22% less in annualized returns
More invested in commodity producers 
0.14% more invested
Less invested in banks and lenders 
1.1% less invested
Less invested in major consumer brands 
5.95% less invested
Current fund
RFITX
American Funds 2050 Target Date Retirement Fund®
Family
American Funds
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: 7/31/23
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 
-3.22% less in annualized returns
More invested in commodity producers 
0.14% more invested
Less invested in banks and lenders 
1.1% less invested
Less invested in major consumer brands 
5.95% less invested
Current fund
RFITX
American Funds 2050 Target Date Retirement Fund®
Family
American Funds
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: 7/31/23
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 
-3.22% less in annualized returns
More invested in commodity producers 
0.14% more invested
Less invested in banks and lenders 
1.1% less invested
Less invested in major consumer brands 
5.95% 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®
12%
8.5%
8.13%
9.39%
0.43% 
Benchmark
IVV - iShares Core S&P 500 ETF
13%
14%
12%
13%
0.29% 
Fund compared to benchmark
 
-1.23%
-5.18%
-4.03%
-3.22%
0.14%  higher
Find more financial data on RFITX at Morningstar.com
Take Action
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