497 1 afps4978-2013.htm AMERICAN FUNDS PORTFOLIO SERIES

 

American Funds Portfolio SeriesSM

 

Summary Prospectus and Prospectus Supplement

August 22, 2013

(for summary prospectuses and prospectus dated January 1, 2013)

For each respective fund, the table in the summary prospectus and the Summary section of the prospectus under the heading “Annual fund operating expenses” in the “Fees and expenses of the fund” section and the table under the heading “Example” in the “Fees and expenses of the fund” section are amended in its entirety as follows:

 

1. American Funds Global Growth Portfolio

Annual fund operating expenses2

(expenses that you pay each year as a percentage of the value of your investment)

  Share classes
  A B C F-1 F-2 529-A 529-B 529-C 529-E 529-F-1 R-1 R-2 R-3 R-4 R-5 R-6
Management fees 0.10% 0.10% 0.10% 0.10% 0.10% 0.10% 0.10% 0.10% 0.10% 0.10% 0.10% 0.10% 0.10% 0.10% 0.10% 0.10%
Distribution and/or service (12b-1) fees  0.26  1.00  1.00  0.25  none  0.14  1.00  1.00  0.50 0.00  0.98  0.75  0.50  0.25  none  none
Other expenses  0.19  0.21  0.20  0.22  0.21  0.30  0.30  0.30  0.25  0.31  0.18  0.47  0.27  0.19  0.15  0.12
Acquired (underlying) fund fees and expenses  0.51  0.51  0.51  0.51  0.51  0.51  0.51  0.51  0.51  0.51  0.51  0.51  0.51  0.51  0.51  0.51
Total annual fund operating expenses  1.06  1.82  1.81  1.08  0.82  1.05  1.91  1.91  1.36  0.92  1.77  1.83  1.38  1.05  0.76  0.73
Fee waiver3  0.10  0.10  0.10  0.10  0.10  0.10  0.10  0.10  0.10  0.10  0.10  0.10  0.10  0.10  0.10  0.10
Total annual fund operating expenses after fee waiver  0.96  1.72  1.71  0.98  0.72  0.95  1.81  1.81  1.26  0.82  1.67  1.73  1.28  0.95  0.66  0.63

 

Example

Share classes 1 year 3 years 5 years 10 years
A $667 $  883 $1,117 $1,786
B 675 963 1,176 1,929
C 274 560 971 2,118
F-1 100 334 586 1,308
F-2 74 252 445 1,004
529-A 686 920 1,170 1,878
529-B 704 1,029 1,279 2,100
529-C 304 629 1,079 2,322

 

 

  

Share classes 1 year 3 years 5 years 10 years
529-E $148 $460 $793 $1,727
529-F-1 104 323 558 1,226
R-1 170 547 950 2,076
R-2 176 566 981 2,140
R-3 130 427 746 1,649
R-4 97 324 570 1,274
R-5 67 233 413 933
R-6 64 223 396 897

 

For the share classes listed below, you would pay the following if you did not redeem your shares:

Share classes 1 year 3 years 5 years 10 years
B   $175   $563 $976   $1,929
C  174  560   971  2,118

 

Share classes 1 year 3 years 5 years 10 years
529-B   $204   $629   $1,079   $2,100
529-C  204  629  1,079  2,322

  

2. American Funds Growth Portfolio

Annual fund operating expenses2

(expenses that you pay each year as a percentage of the value of your investment)

  Share classes
  A B C F-1 F-2 529-A 529-B 529-C 529-E 529-F-1 R-1 R-2 R-3 R-4 R-5 R-6
Management fees 0.10% 0.10% 0.10% 0.10% 0.10% 0.10% 0.10% 0.10% 0.10% 0.10% 0.10% 0.10% 0.10% 0.10% 0.10% 0.10%
Distribution and/or service (12b-1) fees  0.23  1.00  1.00  0.25  none  0.14  1.00  1.00  0.50 0.00  1.00  0.75  0.50  0.25  none  none
Other expenses  0.16  0.18  0.16  0.18  0.18  0.26  0.27  0.26  0.23  0.26  0.17  0.41  0.24  0.15  0.12  0.10
Acquired (underlying) fund fees and expenses  0.45  0.45  0.45  0.45  0.45  0.45  0.45  0.45  0.45  0.45  0.45  0.45  0.45  0.45  0.45  0.45
Total annual fund operating expenses  0.94  1.73  1.71  0.98  0.73  0.95  1.82  1.81  1.28  0.81  1.72  1.71  1.29  0.95  0.67  0.65
Fee waiver3  0.10  0.10  0.10  0.10  0.10  0.10  0.10  0.10  0.10  0.10  0.10  0.10  0.10  0.10  0.10  0.10
Total annual fund operating expenses after fee waiver  0.84  1.63  1.61  0.88  0.63  0.85  1.72  1.71  1.18  0.71  1.62  1.61  1.19  0.85  0.57  0.55

 

Example

Share classes 1 year 3 years 5 years 10 years
A   $656 $ 848   $1,056   $1,655
B  666  935  1,129  1,823
C  264  529  919  2,011
F-1  90  302  532  1,192
F-2  64  223  396  897
529-A  677  890  1,119  1,769
529-B  695  1,001  1,233  2,000
529-C  294  598  1,027  2,216

 

 

  

Share classes 1 year 3 years 5 years 10 years
529-E   $140   $435   $750   $1,638
529-F-1  92  288  498  1,097
R-1  165  532  924  2,022
R-2  164  529  919  2,011
R-3  121  399  698  1,548
R-4  87  293  516  1,157
R-5  58  204  363  825
R-6  56  198  352  801

 

For the share classes listed below, you would pay the following if you did not redeem your shares:

Share classes 1 year 3 years 5 years 10 years
B   $166   $535   $929   $1,823
C  164  529  919  2,011

 

Share classes 1 year 3 years 5 years 10 years
529-B   $195   $601   $1,033   $2,000
529-C  194  598  1,027  2,216

 

3. American Funds Growth and Income Portfolio

Annual fund operating expenses2

(expenses that you pay each year as a percentage of the value of your investment)

  Share classes
  A B C F-1 F-2 529-A 529-B 529-C 529-E 529-F-1 R-1 R-2 R-3 R-4 R-5 R-6
Management fees 0.10% 0.10% 0.10% 0.10% 0.10% 0.10% 0.10% 0.10% 0.10% 0.10% 0.10% 0.10% 0.10% 0.10% 0.10% 0.10%
Distribution and/or service (12b-1) fees  0.23  1.00  1.00  0.25  none  0.18  1.00  1.00  0.50 0.00  1.00  0.75  0.50  0.25  none  none
Other expenses  0.14  0.15  0.13  0.15  0.14  0.24  0.24  0.24  0.20  0.22  0.14  0.40  0.20  0.10  0.09  0.07
Acquired (underlying) fund fees and expenses  0.38  0.38  0.38  0.38  0.38  0.38  0.38  0.38  0.38  0.38  0.38  0.38  0.38  0.38  0.38  0.38
Total annual fund operating expenses  0.85  1.63  1.61  0.88  0.62  0.90  1.72  1.72  1.18  0.70  1.62  1.63  1.18  0.83  0.57  0.55

Fee waiver3  0.10  0.10  0.10  0.10  0.10  0.10  0.10  0.10  0.10  0.10  0.10  0.10  0.10  0.10  0.10  0.10
Total annual fund operating expenses after fee waiver  0.75  1.53  1.51  0.78  0.52  0.80  1.62  1.62  1.08  0.60  1.52  1.53  1.08  0.73  0.47  0.45

 

Example

Share classes 1 year 3 years 5 years 10 years
A $647 $821 $1,010 $1,555
B  656  904  1,077  1,716
C  254  498  867  1,903
F-1  80  271  478  1,075
F-2  53  188  336  765
529-A  672  875  1,094  1,714
529-B  684  971  1,181  1,905
529-C  284  571  981  2,120

 

 
 

 

Share classes 1 year 3 years 5 years 10 years
529-E   $130   $404   $697   $1,525
529-F-1  81   253   438   966
R-1  155  501  872  1,914
R-2  156  504  877  1,924
R-3  110  365  639  1,423
R-4  75  255  451  1,016
R-5  48  173  308  704
R-6  46  166  297  680

 

For the share classes listed below, you would pay the following if you did not redeem your shares:

Share classes 1 year 3 years 5 years 10 years
B   $156   $504 $877   $1,716
C  154  498  867  1,903

 

Share classes 1 year 3 years 5 years 10 years
529-B   $184   $571   $981   $1,905
529-C   184  571   981  2,120

 

4. American Funds Balanced Portfolio

Annual fund operating expenses2

(expenses that you pay each year as a percentage of the value of your investment)

  Share classes
  A B C F-1 F-2 529-A 529-B 529-C 529-E 529-F-1 R-1 R-2 R-3 R-4 R-5 R-6

Management fees 0.10% 0.10% 0.10% 0.10% 0.10% 0.10% 0.10% 0.10% 0.10% 0.10% 0.10% 0.10% 0.10% 0.10% 0.10% 0.10%
Distribution and/or service (12b-1) fees  0.25  1.00  1.00  0.25  none  0.16  1.00  1.00  0.50 0.00  1.00  0.75  0.50  0.25  none  none
Other expenses  0.14  0.16  0.14  0.16  0.15  0.25  0.25  0.24  0.21  0.23  0.15  0.42  0.22  0.11  0.09  0.05
Acquired (underlying) fund fees and expenses  0.35  0.35  0.35  0.35  0.35  0.35  0.35  0.35  0.35  0.35  0.35  0.35  0.35  0.35  0.35  0.35
Total annual fund operating expenses  0.84  1.61  1.59  0.86  0.60  0.86  1.70  1.69  1.16  0.68  1.60  1.62  1.17  0.81  0.54  0.50
Fee waiver3  0.10  0.10  0.10  0.10  0.10  0.10  0.10  0.10  0.10  0.10  0.10  0.10  0.10  0.10  0.10  0.10
Total annual fund operating expenses after fee waiver  0.74  1.51  1.49  0.76  0.50  0.76  1.60  1.59  1.06  0.58  1.50  1.52  1.07  0.71  0.44  0.40

 

Example

Share classes 1 year 3 years 5 years 10 years
A $646 $818 $1,005 $1,544
B  654   898   1,067  1,696
C  252  492  856  1,881
F-1  78  264  467  1,052
F-2  51  182  325  740
529-A  668  864  1,074  1,670
529-B  682  965  1,170  1,878
529-C  281  562  965  2,088

 

 
 

 

Share classes 1 year 3 years 5 years 10 years
529-E   $128   $398   $687   $1,502
529-F-1  79   247   428  942
R-1  153  495   861  1,892
R-2  155  501   872  1,914
R-3  109   362   634  1,411
R-4  73   249   440  992
R-5  45  163   292  667
R-6  41  150   270  619

 

For the share classes listed below, you would pay the following if you did not redeem your shares:

Share classes 1 year 3 years 5 years 10 years
B $154 $498 $867 $1,696
C  152  492  856   1,881

 

Share classes 1 year 3 years 5 years 10 years
529-B   $182   $565   $970   $1,878
529-C  181  562  965  2,088

  

5. American Funds Income Portfolio

Annual fund operating expenses2

(expenses that you pay each year as a percentage of the value of your investment)

  Share classes
  A B C F-1 F-2 529-A 529-B 529-C 529-E 529-F-1 R-1 R-2 R-3 R-4 R-5 R-6
Management fees 0.10% 0.10% 0.10% 0.10% 0.10% 0.10% 0.10% 0.10% 0.10% 0.10% 0.10% 0.10% 0.10% 0.10% 0.10% 0.10%
Distribution and/or service (12b-1) fees  0.29  1.00  1.00  0.25  none  0.23  1.00  1.00  0.50 0.00  0.99  0.75  0.50  0.25  none  none
Other expenses  0.14  0.16  0.14  0.16  0.15  0.24  0.25  0.24  0.21  0.24  0.13  0.41  0.23  0.13  0.09  0.06
Acquired (underlying) fund fees and expenses  0.31  0.31  0.31  0.31  0.31  0.31  0.31  0.31  0.31  0.31  0.31  0.31  0.31  0.31  0.31  0.31
Total annual fund operating expenses  0.84  1.57  1.55  0.82  0.56  0.88  1.66  1.65  1.12  0.65  1.53  1.57  1.14  0.79  0.50  0.47
Fee waiver3  0.10  0.10  0.10  0.10  0.10  0.10  0.10  0.10  0.10  0.10  0.10  0.10  0.10  0.10  0.10  0.10
Total annual fund operating expenses after fee waiver  0.74  1.47  1.45  0.72  0.46  0.78  1.56  1.55  1.02  0.55  1.43  1.47  1.04  0.69  0.40  0.37

 

Example

Share classes 1 year 3 years 5 years 10 years
A $646 $818 $1,005 $1,544
B  650  886  1,046   1,663
C  248  480  835   1,837
F-1  74  252  445  1,004
F-2  47  169  303  692
529-A  670  869  1,084  1,692
529-B  678  952  1,150  1,850
529-C  277   549  945  2,045

 

 
 

 

Share classes 1 year 3 years 5 years 10 years
529-E $124 $385 $665 $1,457
529-F-1   76  237   411  906
R-1   146  474   825  1,815
R-2   150  486  846  1,859
R-3  106  352  618   1,377
R-4  70  242  429   969
R-5  41  150  270   619
R-6  38  141   253   582

 

For the share classes listed below, you would pay the following if you did not redeem your shares:

Share classes 1 year 3 years 5 years 10 years

B $150 $486 $846 $1,663
C   148   480  835  1,837

 

Share classes 1 year 3 years 5 years 10 years
F-1 $178 $552 $950 $1,850
F-2   177   549   945  2,045

 

6. American Funds Tax-Advantaged Income Portfolio

Annual fund operating expenses2

(expenses that you pay each year as a percentage of the value of your investment)

  Share classes
  A B C F-1 F-2
Management fees 0.10% 0.10% 0.10% 0.10% 0.10%
Distribution and/or service (12b-1) fees  0.30  0.99  1.00  0.24  none
Other expenses  0.19  0.21  0.19  0.21  0.19
Acquired (underlying) fund fees and expenses  0.36  0.36  0.36  0.36  0.36
Total annual fund operating expenses  0.95  1.66  1.65  0.91  0.65
Fee waiver3  0.10  0.10  0.10  0.10  0.10
Total annual fund operating expenses after fee waiver  0.85  1.56  1.55  0.81  0.55

 

Example

Share classes 1 year 3 years 5 years 10 years
A $459 $657 $  871 $1,489
B   659  914   1,093   1,768
C   258  511   888  1,946

 

Share classes 1 year 3 years 5 years 10 years
F-1 $83 $280 $494 $1,110
F-2   56  198  352  801

 

For the share classes listed below, you would pay the following if you did not redeem your shares:

Share classes 1 year 3 years 5 years 10 years
B $159 $514 $893 $1,768
C   158  511  888  1,946

 

 
 

7. American Funds Preservation Portfolio

Annual fund operating expenses2

(expenses that you pay each year as a percentage of the value of your investment)

  Share classes

  A B C F-1 F-2 529-A 529-B 529-C 529-E 529-F-1 R-1 R-2 R-3 R-4 R-5 R-6
Management fees 0.10% 0.10% 0.10% 0.10% 0.10% 0.10% 0.10% 0.10% 0.10% 0.10% 0.10% 0.10% 0.10% 0.10% 0.10% 0.10%
Distribution and/or service (12b-1) fees  0.30  1.00  1.00  0.25  none  0.20  1.00  1.00  0.50 0.00  1.00  0.75  0.50  0.25  none  none
Other expenses  0.17  0.18  0.17  0.18  0.18  0.27  0.27  0.27  0.23  0.28  0.18  0.46  0.26  0.17  0.12  0.10
Acquired (underlying) fund fees and expenses  0.31  0.31  0.31  0.31  0.31  0.31  0.31  0.31  0.31  0.31  0.31  0.31  0.31  0.31  0.31  0.31
Total annual fund operating expenses  0.88  1.59  1.58  0.84  0.59  0.88  1.68  1.68  1.14  0.69  1.59  1.62  1.17  0.83  0.53  0.51
Fee waiver and/or expense reimbursement3  0.12  0.12  0.12  0.12  0.12  0.12  0.12  0.12  0.12  0.15  0.12  0.12  0.12  0.13  0.12  0.11
Total annual fund operating expenses after fee waiver and/or expense reimbursement  0.76  1.47  1.46  0.72  0.47  0.76  1.56  1.56  1.02  0.54  1.47  1.50  1.05  0.70  0.41  0.40

 

Example

Share classes 1 year 3 years 5 years 10 years
A $326 $512 $  714 $1,296
B  650  890  1,054  1,688
C  249  487  849  1,868
F-1  74  256  454  1,026
F-2  48  177  317  726
529-A  346  551  772   1,400
529-B  678  957   1,158  1,865
529-C  278  557  958  2,076

 

Share classes 1 year 3 years 5 years 10 years
529-E $124 $389 $674 $1,478
529-F-1  75  245  428  950
R-1  150  490  854  1,879
R-2  153  499  870  1,912
R-3  107  360  632  1,410
R-4  72  252  448  1,013
R-5  42  158  284  653
R-6  41  152  274  630

 

 
 

For the share classes listed below, you would pay the following if you did not redeem your shares:

Share classes 1 year 3 years 5 years 10 years
B $150 $490 $854 $1,688
C  149  487  849  1,868

 

Share classes 1 year 3 years 5 years 10 years
529-B $178 $557 $958 $1,865
529-C  178  557   958  2,076

 

8. American Funds Tax-Exempt Preservation Portfolio

Annual fund operating expenses2

(expenses that you pay each year as a percentage of the value of your investment)

  Share classes
  A B C F-1 F-2
Management fees 0.10% 0.10% 0.10% 0.10% 0.10%
Distribution and/or service (12b-1) fees  0.30  0.99  1.00  0.25  none
Other expenses  0.19  0.20  0.19  0.19  0.18
Acquired (underlying) fund fees and expenses  0.31  0.31  0.31  0.31  0.31
Total annual fund operating expenses  0.90  1.60  1.60  0.85  0.59
Fee waiver and/or expense reimbursement3  0.14  0.13  0.14  0.12  0.12
Total annual fund operating expenses after fee waiver and/or expense reimbursement  0.76  1.47  1.46  0.73  0.47

 

Example

Share classes 1 year 3 years 5 years 10 years
A $326 $516 $  723 $1,318
B  650  892   1,059  1,701
C  249   491   858  1,888

 

Share classes 1 year 3 years 5 years 10 years
F-1 $75 $259 $460 $1,038
F-2   48  177  317  726

 

For the share classes listed below, you would pay the following if you did not redeem your shares:

Share classes 1 year 3 years 5 years 10 years
B $150 $492 $859 $1,701
C  149   491  858  1,888

 

Keep this supplement with your summary prospectus and/or prospectus

 

MFGEBS-065-0813P Printed in USA CGD/AFD/10039-S39669

 

 

THE FUND MAKES AVAILABLE A SPANISH TRANSLATION OF THE ABOVE PROSPECTUS SUPPLEMENT IN CONNECTION WITH THE PUBLIC OFFERING AND SALE OF ITS SHARES. THE ENGLISH LANGUAGE PROSPECTUS SUPPLEMENT ABOVE IS A FAIR AND ACCURATE REPRESENTATION OF THE SPANISH EQUIVALENT.

 

/s/ STEVEN I. KOSZALKA
STEVEN I. KOSZALKA
SECRETARY