At A Glance 230611 230616
- 1. At-a-glance
Investing is smart. Keeping it simple is even smarter. SM
A look at conservative investing
Investment objective:
AXP® Portfolio Builder Conservative Fund
Total return consistent with a
conservative level of risk. This Fund is designed for investors seeking the highest level of total return that
is consistent with a conservative level of risk. The Fund invests primarily in
Risk level: mutual funds holding fixed income securities.
Low The Fund’s portfolio is created using a four-step allocation process:
May be suitable for investors with:
■ A low tolerance for risk and a
1. Strategic asset allocation
The Capital Markets Committee determines what percentage of assets
should be invested in stocks, bonds or cash. Under normal market
need for current income.
conditions, the Fund will invest within the following ranges:
■ Education savings needs.
■ 65% to 75% in bond funds
■ A desire to balance more
aggressive holdings in ■ 15% to 25% in stock funds
retirement plans or ■ 5% to 15% in cash
other vehicles.
Highlights: 2. Allocation among investment categories
This includes investment grade bonds, and growth and value stocks of all
sizes, both domestic and international. The Fund’s bond focus is selected
■ No allocation to high yield based on prevailing interest rates, maturity, credit quality and relative
bond or emerging market
attractiveness of each fixed income sector.
stock funds.
■ Pays a quarterly dividend.
Typical target allocation ranges:
3. Fund selection
Senior American Express asset management executives select the
underlying funds based on factors that include historical performance,
risk/return characteristics and manager tenure.
10%
20%
4. Periodic reallocation
Fund investments are reallocated to keep the Fund within its target range.
70% Get started today. Talk to your American Express financial
advisor to review your current financial situation and find out which
AXP Portfolio Builder fund is best suited to your financial needs.
You should consider the investment objectives, risks, charges and expenses of each AXP
Stock Funds 20% Portfolio Builder fund carefully before investing. For a free copy of the prospectus, which
Large-, mid- and small-cap contains this and other information, call (800) 297-3863, TTY: (800) 846-4852. Read the
Growth and value prospectus carefully before you invest.
International developed markets
There are special risk considerations associated with international investing related
Bond Funds 70% to market, currency, economic, political and other factors. Stocks of small companies
Government generally may be subject to abrupt or erratic price movements more so than stocks of
Investment grade corporate larger companies. Some of these companies also have fewer financial resources.
Multi-sector
Cash 10%
American Express Funds are offered through American Express Financial Advisors Inc.
American Express Financial Advisors Inc. Member NASD. American Express Company is
separate from American Express Financial Advisors Inc. and is not a broker-dealer.
© 2004 American Express Financial Corporation. All rights reserved.
American Express Funds 70100 AXP Financial Center Minneapolis, MN 55474 americanexpress.com 230611 A (2/04)
- 2. At-a-glance
Investing is smart. Keeping it simple is even smarter. SM
A look at moderate
conservative investing
Investment objective:
AXP® Portfolio Builder Moderate Conservative Fund
Total return consistent with a
moderate level of risk. This Fund is designed for investors seeking the highest level of total return that is
consistent with a moderate conservative level of risk. The Fund invests primarily
Risk level: in mutual funds holding fixed income securities with a modest complement of
mutual funds investing in stocks.
Medium to Low
The Fund’s portfolio is created using a four-step allocation process:
May be suitable for investors with:
■ A modest need for income,
but are willing to accept some
1. Strategic asset allocation
The Capital Markets Committee determines what percentage of assets
should be invested in stocks, bonds or cash. Under normal market
degree of risk. conditions, the Fund will invest within the following ranges:
■ Education savings needs.
■ 55% to 65% in bond funds
■ A desire to balance more ■ 30% to 40% in stock funds
aggressive holdings in ■ 0% to 10% in cash
retirement plans or
other vehicles.
Highlights:
2. Allocation among investment categories
This includes investment grade and high yield bonds, and growth and
value stocks of all sizes, both domestic and international. The Fund’s bond
■ Pays a quarterly dividend. focus is selected based on prevailing interest rates, maturity, credit quality
and relative attractiveness of each fixed income sector.
Typical target allocation ranges:
5%
3. Fund selection
Senior American Express asset management executives select the
underlying funds based on factors that include historical performance,
risk/return characteristics and manager tenure.
35%
60%
4. Periodic reallocation
Fund investments are reallocated to keep the Fund within its target range.
Get started today. Talk to your American Express financial
Stock Funds 35% advisor to review your current financial situation and find out which
Large-, mid- and small-cap AXP Portfolio Builder fund is best suited to your financial needs.
Growth and value
International You should consider the investment objectives, risks, charges and expenses of each AXP
Emerging markets Portfolio Builder fund carefully before investing. For a free copy of the prospectus, which
contains this and other information, call (800) 297-3863, TTY: (800) 846-4852. Read the
Bond Funds 60% prospectus carefully before you invest.
Government
Investment grade corporate There are special risk considerations associated with international investing related
High yield corporate to market, currency, economic, political and other factors. Stocks of small companies
Global generally may be subject to abrupt or erratic price movements more so than stocks of
Multi-sector
larger companies. Some of these companies also have fewer financial resources. Higher
Cash 5% yield corporate bond prices fluctuate more broadly than prices of higher quality bonds. Risk
of principal and income is also greater than with higher quality securities.
American Express Funds are offered through American Express Financial Advisors Inc.
American Express Financial Advisors Inc. Member NASD. American Express Company is
separate from American Express Financial Advisors Inc. and is not a broker-dealer.
© 2004 American Express Financial Corporation. All rights reserved.
American Express Funds 70100 AXP Financial Center Minneapolis, MN 55474 americanexpress.com 230612 A (2/04)
- 3. At-a-glance
Investing is smart. Keeping it simple is even smarter. SM
A look at moderate investing
Investment objective:
AXP® Portfolio Builder Moderate Fund
Total return consistent with a
moderate level of risk. This Fund is designed for investors seeking the highest level of total return that
is consistent with a moderate level of risk. The Fund invests primarily in mutual
Risk level: funds holding fixed income securities and stocks.
Medium The Fund’s portfolio is created using a four-step allocation process:
May be suitable for investors with:
■ Retirement needs and are not
1. Strategic asset allocation
The Capital Markets Committee determines what percentage of assets
should be invested in stocks, bonds or cash. Under normal market
comfortable taking significant conditions, the Fund will invest within the following ranges:
risk, but want modest growth.
■ 45% to 55% in bond funds
■ Limited need for current
■ 45% to 55% in stock funds
income and want to grow
their investment. ■ 0% to 5% in cash
■ Education savings needs.
Highlights:
2. Allocation among investment categories
This includes investment grade and high yield bonds, and growth and
value stocks of all sizes, both domestic and international. The Fund’s bond
■ May invest in high yield focus is selected based on prevailing interest rates, maturity, credit quality
bond and emerging market and relative attractiveness of each fixed income sector.
stock funds.
Typical target allocation ranges: 3. Fund selection
Senior American Express asset management executives select the
underlying funds based on factors that include historical performance,
risk/return characteristics and manager tenure.
50% 50% 4. Periodic reallocation
Fund investments are reallocated to keep the Fund within its target range.
Get started today. Talk to your American Express financial
advisor to review your current financial situation and find out which
AXP Portfolio Builder fund is best suited to your financial needs.
Stock Funds 50% You should consider the investment objectives, risks, charges and expenses of each AXP
Large-, mid- and small-cap Portfolio Builder fund carefully before investing. For a free copy of the prospectus, which
Growth and value contains this and other information, call (800) 297-3863, TTY: (800) 846-4852. Read the
International
prospectus carefully before you invest.
Emerging markets
Bond Funds 50% There are special risk considerations associated with international investing related
to market, currency, economic, political and other factors. Stocks of small companies
Government
Investment grade corporate
generally may be subject to abrupt or erratic price movements more so than stocks of
High yield corporate larger companies. Some of these companies also have fewer financial resources. Higher
Global yield corporate bond prices fluctuate more broadly than prices of higher quality bonds. Risk
Multi-sector of principal and income is also greater than with higher quality securities.
American Express Funds are offered through American Express Financial Advisors Inc.
American Express Financial Advisors Inc. Member NASD. American Express Company is
separate from American Express Financial Advisors Inc. and is not a broker-dealer.
© 2004 American Express Financial Corporation. All rights reserved.
American Express Funds 70100 AXP Financial Center Minneapolis, MN 55474 americanexpress.com 230613 A (2/04)
- 4. At-a-glance
Investing is smart. Keeping it simple is even smarter. SM
A look at moderate
aggressive investing
Investment objective:
AXP® Portfolio Builder Moderate Aggressive Fund
Total return consistent with a
moderate aggressive level of risk. This Fund is designed for investors seeking the highest level of total return that
is consistent with a moderate aggressive level of risk. The Fund invests primarily
Risk level: in mutual funds holding stocks with a complement of mutual funds investing in
fixed income securities.
Medium
The Fund’s portfolio is created using a four-step allocation process:
May be suitable for investors with:
■ A desire to grow their portfolio,
but with some mitigation of
1. Strategic asset allocation
The Capital Markets Committee determines what percentage of assets
should be invested in stocks, bonds or cash. Under normal market
risk through exposure to
fixed income securities. conditions, the Fund will invest within the following ranges:
■ Minimal need for current ■ 60% to 70% in stock funds
income and want their ■ 30% to 40% in bond funds
investment to grow significantly. ■ 0% to 5% in cash
■ Education savings needs.
Highlights: 2. Allocation among investment categories
This includes growth and value stocks of all sizes; domestic and international
stocks; and investment grade and high yield bonds. The Fund’s bond focus
■ May invest in high yield
is selected based on prevailing interest rates, maturity, credit quality and
bond and emerging market
stock funds. relative attractiveness of each fixed income sector.
Typical target allocation ranges:
3. Fund selection
Senior American Express asset management executives select the
underlying funds based on factors that include historical performance,
risk/return characteristics and manager tenure.
65%
35%
4. Periodic reallocation
Fund investments are reallocated to keep the Fund within its target range.
Get started today. Talk to your American Express financial
advisor to review your current financial situation and find out which
Stock Funds 65% AXP Portfolio Builder fund is best suited to your financial needs.
Large-, mid- and small-cap You should consider the investment objectives, risks, charges and expenses of each AXP
Growth and value
International
Portfolio Builder fund carefully before investing. For a free copy of the prospectus, which
Emerging markets contains this and other information, call (800) 297-3863, TTY: (800) 846-4852. Read the
prospectus carefully before you invest.
Bond Funds 35%
Government There are special risk considerations associated with international investing related
Investment grade corporate to market, currency, economic, political and other factors. Stocks of small companies
High yield corporate generally may be subject to abrupt or erratic price movements more so than stocks of
Global larger companies. Some of these companies also have fewer financial resources. Higher
Multi-sector yield corporate bond prices fluctuate more broadly than prices of higher quality bonds. Risk
of principal and income is also greater than with higher quality securities.
American Express Funds are offered through American Express Financial Advisors Inc.
American Express Financial Advisors Inc. Member NASD. American Express Company is
separate from American Express Financial Advisors Inc. and is not a broker-dealer.
© 2004 American Express Financial Corporation. All rights reserved.
American Express Funds 70100 AXP Financial Center Minneapolis, MN 55474 americanexpress.com 230614 A (2/04)
- 5. At-a-glance
Investing is smart. Keeping it simple is even smarter. SM
A look at aggressive investing
Investment objective:
AXP® Portfolio Builder Aggressive Fund
Total return consistent with an
aggressive level of risk. This Fund is designed for investors seeking the highest level of total return that
is consistent with an aggressive level of risk. The Fund invests primarily in mutual
Risk level: funds holding stocks with a small complement of mutual funds investing in fixed
income securities.
Medium to High
The Fund’s portfolio is created using a four-step allocation process:
May be suitable for investors with:
■ A desire to maximize the growth
potential of their portfolio and
1. Strategic asset allocation
The Capital Markets Committee determines what percentage of assets
should be invested in stocks, bonds or cash. Under normal market
are comfortable with meaningful
short-term risk. conditions, the Fund will invest within the following ranges:
■ Minimal need for current ■ 75% to 85% in stock funds
income and want their ■ 15% to 25% in bond funds
investment to grow significantly. ■ 0% to 5% in cash
■ Education savings needs.
Highlights: 2. Allocation among investment categories
This includes growth and value stocks of all sizes; domestic and international
stocks; and investment grade and high yield bonds. The Fund’s bond focus
■ May invest in high yield
is selected based on prevailing interest rates, maturity, credit quality and
bond and emerging market
stock funds. relative attractiveness of each fixed income sector.
Typical target allocation ranges:
3. Fund selection
Senior American Express asset management executives select the
underlying funds based on factors that include historical performance,
20% risk/return characteristics and manager tenure.
80%
4. Periodic reallocation
Fund investments are reallocated to keep the Fund within its target range.
Get started today. Talk to your American Express financial
advisor to review your current financial situation and find out which
Stock Funds 80% AXP Portfolio Builder fund is best suited to your financial needs.
Large-, mid- and small-cap You should consider the investment objectives, risks, charges and expenses of each AXP
Growth and value Portfolio Builder fund carefully before investing. For a free copy of the prospectus, which
International
Emerging markets
contains this and other information, call (800) 297-3863, TTY: (800) 846-4852. Read the
prospectus carefully before you invest.
Bond Funds 20%
There are special risk considerations associated with international investing related
Government
Investment grade corporate to market, currency, economic, political and other factors. Stocks of small companies
High yield corporate generally may be subject to abrupt or erratic price movements more so than stocks of
Global larger companies. Some of these companies also have fewer financial resources. Higher
Multi-sector yield corporate bond prices fluctuate more broadly than prices of higher quality bonds. Risk
of principal and income is also greater than with higher quality securities.
American Express Funds are offered through American Express Financial Advisors Inc.
American Express Financial Advisors Inc. Member NASD. American Express Company is
separate from American Express Financial Advisors Inc. and is not a broker-dealer.
© 2004 American Express Financial Corporation. All rights reserved.
American Express Funds 70100 AXP Financial Center Minneapolis, MN 55474 americanexpress.com 230615 A (2/04)
- 6. At-a-glance
Investing is smart. Keeping it simple is even smarter. SM
A look at total equity investing
Investment objective:
AXP® Portfolio Builder Total Equity Fund
Total return consistent with a
very aggressive level of risk. This Fund is designed for investors seeking the highest level of total return that is
consistent with a very aggressive level of risk. The Fund invests primarily in mutual
funds holding stocks.
Risk level:
High
The Fund’s portfolio is created using a four-step allocation process:
May be suitable for investors with:
■ A desire to seek maximum
1. Strategic asset allocation
The Capital Markets Committee determines what percentage of assets
should be invested in stocks, bonds or cash. Under normal market
growth potential.
conditions, the Fund will invest within the following ranges:
■ Education savings needs.
■ 95% to 100% in stock funds
■ A need for an all equity ■ 0% to 5% in cash
portfolio to complement
existing fixed income
investments.
Highlights:
2. Allocation among investment categories
This includes growth and value stocks of all sizes within domestic,
international and emerging markets.
■ No bond funds.
■ May own emerging market
stock funds. 3. Fund selection
Senior American Express asset management executives select the
underlying funds based on factors that include historical performance,
Typical target allocation ranges: risk/return characteristics and manager tenure.
4. Periodic reallocation
Fund investments are reallocated to keep the Fund within its target range.
100%
Get started today. Talk to your American Express financial
advisor to review your current financial situation and find out which
AXP Portfolio Builder fund is best suited to your financial needs.
You should consider the investment objectives, risks, charges and expenses of each AXP
Stock Funds 100% Portfolio Builder fund carefully before investing. For a free copy of the prospectus, which
Large-, mid- and small-cap contains this and other information, call (800) 297-3863, TTY: (800) 846-4852. Read the
Growth and value prospectus carefully before you invest.
International
Emerging markets There are special risk considerations associated with international investing related
to market, currency, economic, political and other factors. Stocks of small companies
generally may be subject to abrupt or erratic price movements more so than stocks of
larger companies. Some of these companies also have fewer financial resources.
American Express Funds are offered through American Express Financial Advisors Inc.
American Express Financial Advisors Inc. Member NASD. American Express Company is
separate from American Express Financial Advisors Inc. and is not a broker-dealer.
© 2004 American Express Financial Corporation. All rights reserved.
American Express Funds 70100 AXP Financial Center Minneapolis, MN 55474 americanexpress.com 230616 A (2/04)