The Growth Fund of America

Overview

The Growth Fund of America is a mutual fund managed by Capital Group, focusing on large-cap growth companies. It seeks to provide growth of capital by investing primarily in common stocks of companies that appear to offer superior opportunities for growth. The fund may invest up to 25% of its assets in securities of issuers domiciled outside the United States. The investment adviser uses a system of multiple portfolio managers in managing the fund's assets, with the portfolio divided into segments managed by individual managers. The fund's portfolio is diversified across various sectors, including technology, consumer discretionary, communication services, health care, industrials, financials, consumer staples, energy, materials, real estate, and utilities. As of November 30, 2025, the top equity holdings include Alphabet, NVIDIA, Broadcom, Microsoft, Eli Lilly, Meta Platforms, Amazon.com, Tesla Inc, Apple, and Netflix. The fund's geographical focus includes the United States, Canada, Europe, Japan, Asia-Pacific ex. Japan, and emerging markets ex. China. The Growth Fund of America was founded in 1973 and has a long history of providing investors with exposure to large-cap growth companies. The fund's investment strategy emphasizes a flexible approach to growth investing, seeking opportunities in traditional growth stocks as well as cyclical companies and turnaround situations with significant potential for growth of capital. The fund's minimum initial investment is $250, with subsequent investments of at least $50. The fund's expense ratio is 0.65%, and it has a net asset value of approximately $6.5 billion as of September 30, 2025.

Investment Focus

• Minimum initial investment: $250
• Subsequent investments: $50
• IRA minimum: $25

Portfolio Companies