Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Why is American Funds asking shareholders of all funds to vote on all of the proposals at the same time?

April 26, 2017American asking funds proposals Shareholders time vote

0

Posted

Why is American Funds asking shareholders of all funds to vote on all of the proposals at the same time?

1 Answer

0

Posted

We believe that presenting all of the proposals to all shareholders at one time is the most cost-effective and least intrusive manner of addressing these issues because many of the funds have similar matters that require shareholder approval.