AMERICAN FUNDS 2015 TARGET DATE RETIREMENT FUND CLASS B (BBBTX) Exchange: NMFQS

DELISTED - The fund will attempt to achieve its investment objectives by investing in a mix of American Funds in different combinations and weightings. The underlying American Funds represent a variety of fund categories such as growth funds, growth-and-income funds, equity-income funds and a balanced fund and bond funds. The fund categories represent differing investment objectives. For example, growth funds seek long-term growth primarily through investing in both U.S. stocks and stocks of issuers domiciled outside the U.S. Growth-and-income funds seek long-term growth and income primarily through investments in stocks. Equity-income and balanced funds generally strive for income and growth through stocks and/or bond investments, while bond funds seek current income through bond investments. The fund is designed for investors who have retired in, or close to, the year designated in the fund’s name. The investment adviser may periodically rebalance or modify the asset mix of the funds and change the underlying fund investments. According to its current investment approach, the investment adviser will continue to manage the fund for approximately thirty years after the fund reaches its target date. Thirty years after its target date, the fund may be combined with other funds in a single portfolio with an investment allocation that will not evolve beyond that which is in effect at that time. The following chart illustrates the investment approach of the fund by showing how its investment in the various fund categories will change over time. The allocations shown reflect the fund’s target allocations as of January 1, 2017. Investment approach                                           Allocations     2060 2055 2050 2045 2040 2035 2030 2025 2020 2015 +5 +10 +15 +20 +25 +30                                                                                     Growth          40     40     40     40     40     40     35     20     15       5     -       -       -       -       -       -   Growth & Income        45     45     45     45     40     35     35     35     30     25     25     20     15     10       5     -   Equity Inc / Balanced        10     10     10     10     15     20     20     20     20     25     30     30     35     35     35     40                                           Fixed Income          5       5       5       5       5       5     10     25     35     45     45     50     50     55     60     60                                           The investment adviser anticipates that the fund will invest its assets within a range that deviates no more than 10% above or below the investment approach set forth above. For example, a 40% target allocation to growth funds is not expected to be greater than 50% nor less than 30%. The investment adviser will continuously monitor the fund and may make modifications to either the investment approach or the underlying fund allocations that the investment adviser believes could benefit shareholders.