James E. Drasdo — The Veteran

“Thirty Eight Years of Experience Packs a Powerful Punch”

James E. Drasdo

James E. Drasdo

James Drasdo is an investment veteran with more than 38 years hands-on experience to back his judgment. It's this depth of knowledge, maturity and wisdom that is tested when markets go sour – and the figures show that the active management provided by James (and his team) can handle the changing tides better than most.

James Drasdo is a senior VP, director and portfolio counselor/manager with Capital Research and Management Company. He has been with the company, and the Growth Fund of America, since 1986. Their portfolio management system blends the talents of a team of managers to enhance diversity and consistency and protect the fund's performance potential.

James E. Drasdo's Scorecard

These five criteria contribute to the selection process which helped us to choose James E. Drasdo as one of our select group of Money Masters.

1 Manager Tenure Check!
2 Performance Results Check!
3 Style Consistency Check!
4 Regulatory Compliance Check!
5 Availability Check!

The fund we are investing in to gain access to Money Master James E. Drasdo is:

Fund Name:Growth Fund of America
Fund Symbol:GFAFX
Fund Summary:

Growth Fund of America seeks long-term growth of capital. The fund invests primarily in reasonably priced common stocks that represent solid long-term investment opportunities. It may also invest up to 10% of assets in debt securities rated below investment-grade. Up to 15% of assets will be invested in securities issued outside of the U.S. and Canada (not included in the S&P 500 Index).

American Funds
  • One of the nation's oldest mutual fund families, serving investors since 1931.
  • Distributed by professional advisors because we believe in the value of professional advice.
  • Among the three largest mutual fund families in the U.S. with more than $1.1 trillion in investments and over 54 million shareholder accounts.
  • Truly globally focused, with more than $300 billion in non-U.S. assets under management.
  • Part of The Capital Group Companies(sm), one of the world's largest investment management organizations.

* Notes: The 10-year average return shown for GFAFX is for the 10-year period 01/01/01 - 12/31/10. The average was calculated by adding the results for the 10 consecutive calendar years shown and dividing that result by 10.

The 10-year average return and 10 individual annual performance results are shown with all dividends and gains reinvested and are net of all fund fees. All fund expenses have already been deducted from the percentage results shown.

Source for Calendar year results: Zephyr StyleADVISOR

Past performance is no guarantee of future results. Actual future results will vary.

The Retirement Corporation of America (RCA) is under no obligation to use featured managers or funds and will change managers should they fail to meet our selection criteria.

Information pertaining to RCA's advisory operations, services and fees is set forth in RCA's current disclosure statement (copy available upon request from RCA).