A new mutual fund is on the way from
American Funds. The California-based firm has filed papers with the SEC to launch the
American Funds Global Balanced Fund [
SEC filing].
Dow Jones' Sam Mamudi
notes that this would be the third mutual fund of the past decade for American Funds.
The last time the firm came out with a new mutual fund product was in October 2008, when
American Funds International Growth and Income Fund came into existence.  
Edited by:
Hung Tran
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