The Investment Company of America

What The Investment Company of America does

The Investment Company of America is a diversified equity mutual fund within the American Funds family, managed by Capital Group (The Capital Group Companies, Inc.), a privately held global investment management organization founded in 1931 in Los Angeles, California. The fund seeks long-term growth of capital and income by investing primarily in dividend-paying common stocks, and is offered to individual investors and retirement plan participants through financial professionals, employer-sponsored retirement plans (401(k), 403(b), 457), and direct investor channels. The Capital Group parent operates a multi-affiliate structure with regulated subsidiaries including Capital Research and Management Company as the fund manager, Capital Client Group, Inc. as a FINRA-registered broker-dealer, Capital Bank and Trust Company providing trust and custody services, Capital Group Private Client Services, Inc. serving high-net-worth investors, and a network of regional investment management entities across North America, Europe, and Asia-Pacific.

Capital Group's investment platform is built around The Capital System™, an approach that organizes equity management into three independent investment groups that make autonomous investment and proxy voting decisions, supported by fixed income professionals providing research across the organization. The firm employs more than 9,300 associates across 34 offices in major financial centers including Los Angeles (headquarters at 333 S. Hope Street), New York, San Francisco, Atlanta, Chicago, Miami, Seattle, Washington D.C., Toronto, Montreal, London (regional EMEA headquarters at 1 Paddington Square), Luxembourg, Hong Kong, Singapore, Tokyo, and Sydney. The product suite extends well beyond The Investment Company of America to include other American Funds (equity, fixed income, balanced, and target-date funds), Traditional and Roth IRAs, SIMPLE and SEP IRAs, 401(k) and 403(b) plans, CollegeAmerica 529 college savings plans, a multi-category Capital Group ETF suite spanning equity, fixed income, and multi-sector income strategies, and separately managed accounts run by Capital International, Inc.

Revenue is generated primarily through recurring asset-based fees applied across mutual funds (with A, C, and F share classes), ETFs, separately managed accounts, and retirement account services. Distribution is dominated by an indirect sales motion: Capital Group reaches customers through financial professionals, advisors, and employer-sponsored plan menus rather than direct-to-consumer channels, while capitalgroup.com provides investor education, retirement planning tools, and account management. Pricing includes a $10 IRA setup fee per Social Security number and a $10 annual custodian fee per SSN, mutual fund sales charges with breakpoints starting at $25,000, and a Traditional/Roth IRA annual contribution limit of $7,500 ($8,600 for age 50+).

Name

The Investment Company of America

Legal name

Capital Client Group, Inc.

Website

https://capitalgroup.com

Company type

Private

Founded year

1931

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

The Investment Company of America is a diversified equity mutual fund in Capital Group's American Funds family. It invests in dividend-paying common stocks for income and growth, distributed through financial advisors, retirement plans, and direct investor access.

Ownership category

akta.pro rank

Product category

Mutual Fund Management

NAICS

Portfolio Management and Investment Advice (523940), Open-End Investment Funds (525910), Open-End Investment Funds (52591)

SIC

Investment Advice (6282)

akta.pro primary industry

Broad Market Equity ETFs (FSAAAFAA)

akta.pro secondary industries

Fixed Income Mutual Funds (FSAAAEAB), International/Ex-U.S. Developed Equity (Active) (FSAAAIAE)

Keywords

• Equity mutual funds
• Investment management services
• Retirement account services
• Exchange-traded funds
• Wealth management services

Headquarters

HQ city

Los Angeles

HQ country

United States

HQ region

North America

Offices18 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Mutual Fund Management: Capital Group offers mutual funds under the American Funds brand, including The Investment Company of America. Funds are sold with various share classes (A, C, F shares) with associated sales charges and ongoing expenses.
2. Exchange-Traded Funds (ETFs): Capital Group offers a suite of ETFs including Capital Group ETFs covering equity, fixed income, and multi-sector strategies.
3. Separately Managed Accounts (SMA): Capital Research and Management Company and Capital International, Inc. serve as financial professionals to SMA programs, providing investment management services primarily to high net worth retail investors through Capital Group Private Client Services, Inc.
4. Retirement Account Services: Services include Traditional/Roth IRAs, SIMPLE IRAs, SEP IRAs, 401(k) Plans, 403(b) Plans, and CollegeAmerica 529 Plans with associated account fees.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels3 records

Core offering

The Investment Company of America is a diversified U.S. equity mutual fund (ticker AIVSX) managed by Capital Group that invests primarily in common stocks of large, established U.S. and multinational companies with a focus on dividend payers, seeking long-term growth of capital and income. It is part of the American Funds family and is offered to individual investors, retirement plan participants, and high-net-worth investors through multiple share classes.

Product overview

Capital Group (home of American Funds) offers a comprehensive suite of investment products and services. The Investment Company of America is one of many mutual funds within the American Funds family. The company provides individual investors and institutions with access to mutual funds (equity, fixed income, balanced, and target-date funds), retirement accounts (Traditional IRA, Roth IRA, 401(k), 403(b)), education savings plans (529), and exchange-traded funds. Capital Group Private Client Services offers high net worth individuals personalized investment management. The company operates globally with offices across North America, Europe, and Asia-Pacific regions, managing investments through multiple investment groups with an emphasis on long-term wealth accumulation.

Differentiator

Problem solved

Functional benefit

Products and services

• The Investment Company of America (AIVSX) Diversified U.S. equity mutual fund managed by Capital Group that invests primarily in dividend-paying common stocks of large, established U.S. and multinational companies, seeking long-term growth of capital and income for individual and institutional investors.
• American Funds Mutual Fund Family Broad family of more than 35 mutual funds offered under the American Funds brand, including growth, growth-and-income, equity-income, balanced, bond, and money market funds, available to individual investors, retirement plan participants, and advisors through multiple share classes.
• American Funds Individual Retirement Accounts (IRAs) Traditional and Roth IRAs offered through the American Funds platform, enabling individual investors to hold American Funds mutual funds (including The Investment Company of America) within a tax-advantaged retirement account.
• American Funds Retirement Plans (401(k), 403(b), etc.) Employer-sponsored defined contribution retirement plans, including 401(k), 403(b), and related plans, that include American Funds mutual funds such as The Investment Company of America as investment menu options for plan participants.
• CollegeAmerica 529 Plans 529 college savings program offered through American Funds, allowing families to invest in American Funds mutual funds (including The Investment Company of America) for tax-advantaged education savings.
• American Funds Exchange-Traded Funds (ETFs) Exchange-traded fund share classes of selected American Funds mutual funds, offering investors ETF vehicles that invest in the same underlying strategies as the corresponding mutual funds.
• Capital Group Private Client Services (Separately Managed Accounts) Separately managed accounts (SMAs) offered by Capital Group's Private Client Services group to high-net-worth investors, providing personalized portfolio construction using Capital Group's investment strategies and the multi-manager Capital System™.

Quantifiable outcome

• 94 years of continuous operation since 1931
• +2 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered minor.

• UN Principles of Responsible Investment (PRI)minorOthersCapital Group is a signatory of UN PRI, supporting responsible investment practices.
• Task Force on Climate-related Financial Disclosures (TCFD)minorOthersCapital Group supports TCFD and has published a TCFD report on climate change considerations.

Scale indicators7 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• T. Rowe Price: T. Rowe Price is a closely comparable actively managed mutual fund company with a strong retirement-plan franchise, similarly focused on long-term equity and fixed-income investing, and a comparable advisor-distribution model.
• Fidelity Investments: Fidelity is one of the largest direct competitors to Capital Group's American Funds, offering a similarly broad family of actively managed mutual funds (Fidelity Funds), ETFs (Fidelity ETFs), separately managed accounts, and retirement plan services to retail and institutional investors in the U.S. and globally.
• American Century Investments: American Century is an actively managed mutual fund company with comparable U.S. equity, fixed-income, and retirement-date products, selling primarily through financial advisors and employer retirement plans.
• Dodge & Cox: Dodge & Cox is a closely held, active equity and fixed-income manager with a similar long-term, value-oriented approach and a mutual-fund-led product set, competing for the same advisor-sold and retirement-plan allocations.
• Invesco: Invesco operates a comparable product mix of actively managed mutual funds (Invesco Funds) and a large ETF suite (Invesco QQQ and others), distributed through the same advisor and retirement channels that Capital Group relies on.
• Franklin Templeton: Franklin Templeton is a global active asset manager with a large mutual fund family (Franklin, Templeton, Mutual Series brands), a growing ETF lineup, and similar international distribution — directly comparable to Capital Group's multi-affiliate structure.
• Vanguard: Vanguard is the dominant low-cost mutual fund and ETF provider and the largest disruptor of active mutual fund pricing; it competes head-to-head with Capital Group's American Funds in retirement plans, IRAs, and broker-sold fund channels.

Broad incumbents

• BlackRock: BlackRock is the world's largest asset manager and the dominant ETF sponsor (iShares); while it competes with Capital Group across active mutual funds, ETFs, and retirement plan investment options, it also offers iShares/fixed-income/index capabilities well beyond Capital Group's core.
• JPMorgan Asset Management: JPMorgan Asset Management offers an extensive lineup of actively managed mutual funds and ETFs, plus institutional and retirement services, making it a broad incumbent competitor across Capital Group's retail, retirement, and institutional channels.
• Goldman Sachs Asset Management: Goldman Sachs Asset Management offers a growing suite of active mutual funds and ETFs (including the recent funds from the acquisition of various franchises) targeting retirement, wealth, and institutional clients — a comparable full-service asset manager competing in the same channels as Capital Group.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/CapitalGroup
• LinkedInlinkedin.com/company/capital-group
• Instagraminstagram.com/capitalgroup

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries12 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about The Investment Company of America