American Funds to chop fees, change management on five VA funds
The changes, which take effect May 1, mark the second time in a year that the company has significantly altered its insurance-series funds to make them match their better-known retail counterparts.
Capital Group is overhauling five of its American Funds core variable annuity mutual funds, including reducing the funds' fees by an average of 35%, the company announced today.
The changes, which will take effect May 1, represent the second time in a year that the company has significantly alter
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