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Combining the legacy of investment management at american funds with the research, portfolio consulting and management experience of envestnet | pmc, the active income portfolios are. This brochure features all of the american funds model portfolios available at merrill. Describes all of american funds' managed portfolios offerings, including portfolio series and target dates, and educates investors on the values of diversified, actively managed holdings. The american funds portfolio series is designed to help investors pursue long‐term investment success.

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