American Funds® The Growth Fund of America® – Class F-3¹
A flexible approach to growth investing
Objective
The fund’s investment objective is to provide growth of capital.
Approach
The fund seeks opportunities in traditional growth stocks as well as cyclical companies and turnaround situations with significant potential for growth of capital.
Holdings
At least 65% of the fund’s assets are invested in common stocks. It may also invest in convertibles, preferred stocks, U.S. government securities, bonds and cash equivalents.
Non-U.S. Holdings
The fund may invest up to 25% of its assets in securities of issuers established outside the U.S.
Ticker
GAFFX
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As of 12/31/2025
Historical performance
(11/30/1973 – 12/31/2025)

Important Information regarding American Funds The Growth Fund of America Class F-3 Fund (GFA): This fund was initially established on 12/1/1973. The values displayed are based on the daily total returns of the fund. Historical daily return data includes hypothetical returns prior to the inception date of the F-3 share class on 1/27/2017. Hypothetical returns are calculated by adjusting the results of the original share class of the fund, without a sales charge, by the typical estimated expenses of the subsequent share class since inception. Past performance is not indicative of, nor does it guarantee future performance. The results shown are hypothetical and do not reflect actual investment results. Actual results may differ.
This material provides information on American Funds® The Growth Fund of America® – Class F-3 and should be used in conjunction with the product prospectus.
Investing for growth, the fund offers a diversified approach to long-term capital appreciation to help investors pursue long-term goals.
A broad mandate
Unlike some growth funds with a narrow investment universe, the fund can invest wherever growth opportunities may be, including up to 25% of assets outside the U.S. These investments often include:
- Traditional growth stocks
- Stocks of companies that are cyclical
- Stocks of companies that are depressed or in turnaround situations
Company-by-company approach
The fund is focused on companies – not on specific market capitalizations, industries or sectors. The managers rely on indepth global research to find companies that they believe have sound fundamentals and sustainable competitive advantages. As of its fiscal year-end on 12/31/25, the fund’s portfolio included investments in approximately 295 companies.
Long-term focus
The investment professionals for the fund search for companies that they believe offer opportunities for capital appreciation over the long haul. This long-term focus has helped the fund outpace the S&P 500®, Russell 1000 Growth Index and more traditional large capitalization growth investments over the life of the fund.
Annual Performance

Sector Breakdown

American Funds® The Growth Fund of America® – Class F-3 is not a market Index. It is a mutual fund, and its Index Value reflects the mutual fund’s total return. If you select a mutual fund-linked index Strategy for investment, you will not be investing in the linked mutual fund. You will not be a shareholder or beneficial owner of the fund and you will have no rights with respect to the fund. This example is not a projection or prediction of future performance. The performance could be significantly different than the performance shown and shouldn’t be considered a representation of investor experience in the future.

For more information, talk to your financial professional or visit
www.capitalgroup.com/individual/investments/fund/gaffx
¹ American Funds® The Growth Fund of America® – Class F-3 is not a market Index. It is a mutual fund, and its Index Value reflects the mutual fund’s total return. If you select a mutual fund-linked Index Strategy for investment, you will not be investing in the linked mutual fund. You will not be a shareholder or beneficial owner of the fund and you will have no rights with respect to the fund.
This material is not a recommendation to buy or sell a financial product or to adopt an investment strategy. Investors should discuss their specific situation with their financial professional.
Nationwide New Heights Select is a single premium, fixed indexed deferred annuity issued by Nationwide Life and Annuity Insurance Company, Columbus, Ohio.
All guarantees and benefits of the insurance policy are subject to the claims-paying ability of the issuing insurance company. They are not backed by the broker-dealer and/or insurance agency selling the policy, or any affiliates of those entities other than the issuing company affiliates, and none makes any representations or guarantees regarding the claims-paying ability of the issuer.
Fixed annuities have limitations. They are long-term vehicles designed for retirement purposes. They are not intended to replace emergency funds, to be used as income for day-to-day expenses or to fund short-term savings goals. Please read the contract for complete details.
Withdrawals are subject to income tax, and withdrawals before age 59½ may be subject to a 10% federal tax penalty.
New Heights Select does not directly participate in the stock market or any index. It is not possible to invest in an index. Neither Nationwide nor any of its affiliates are related to or affiliated with The Growth Fund of America.
The Index Strategies linked to The Growth Fund of America® from American Funds® are not market indexes. They are based on a retail mutual fund whose investment returns are used to determine the performance of the associated Index Strategies. You will not become a shareholder of the mutual fund by investing in the Index Strategies, nor will you have any voting, dividend, liquidation, or any other rights typically afforded to the mutual fund’s shareholders. American Funds’ The Growth Fund of America and its trademarks and data have been licensed for use by Nationwide Life Insurance Company and Nationwide Life and Annuity Insurance Company. All Capital Group trademarks mentioned are owned by The Capital Group Companies, Inc. (“Capital Group”) or an affiliated company or fund. All other company and product names mentioned are the property of their respective companies. This Product is not sponsored, endorsed, recommended, offered, sold, issued or promoted by Capital Group or any of its affiliates, or any of their respective third-party licensors. Capital Group has no obligation or liability in connection with the administration or marketing of this Product. Capital Group makes no representation or warranty, express or implied, to the owners of this Product or any member of the public regarding the suitability or advisability of investing in this Product or any Index Strategy. Capital Group has not prepared any part of this document and no statements made herein should be attributed to Capital Group.
The Product is not an investor in The Growth Fund of America, and The Growth Fund of America is managed by Capital Group without regard to Nationwide or the Product. Capital Group is not an investment adviser to, and owes no fiduciary duty to, Nationwide, the Product, or the owners of the Product. Capital Group is under no obligation to continue managing or sponsoring The Growth Fund of America and may change its investment strategies, portfolio management team, portfolio investments, or other features at any time without regard to Nationwide or the Product.
Past performance of The Growth Fund of America is not an indication or guarantee of future results, and there can be no assurance that The Growth Fund of America will provide positive investment returns. More information about the investment strategies and risks of The Growth Fund of America can be found in The Growth Fund of America’s prospectus.
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