Growth Fund
AMERICAN FUNDS INSURANCE SERIES
Expense ratio
Net assets1
$49.59B
Holdings1
231
Category
US Equity
Return

Investment objective & strategy

As of April 30, 2025 · prospectus

Objective. The funds investment objective is to provide growth of capital.

Strategy. The fund invests primarily in common stocks and seeks to invest in companies that appear to offer superior opportunities for growth of capital. The fund may invest up to 25% of its assets in common stocks and other securities outside the United States. The investment adviser uses a system of multiple portfolio managers in managing the funds assets. Under this approach, the portfolio of the fund is divided into segments managed by individual managers. The fund relies on the professional judgment of its investment adviser to make decisions about the funds portfolio investments. The basic investment philosophy of the investment adviser is to seek to invest in attractively valued companies that, in its opinion, represent good, long-term investment opportunities. Securities … The fund invests primarily in common stocks and seeks to invest in companies that appear to offer superior opportunities for growth of capital. The fund may invest up to 25% of its assets in common stocks and other securities outside the United States. The investment adviser uses a system of multiple portfolio managers in managing the funds assets. Under this approach, the portfolio of the fund is divided into segments managed by individual managers. The fund relies on the professional judgment of its investment adviser to make decisions about the funds portfolio investments. The basic investment philosophy of the investment adviser is to seek to invest in attractively valued companies that, in its opinion, represent good, long-term investment opportunities. Securities may be sold when the investment adviser believes that they no longer represent relatively attractive investment opportunities.

Top holdings

As of March 31, 2026 · N-PORT
SecurityTickerValue% of fund
META PLATFORMS INC CL A $3.63B 7.31%
TESLA INC $2.79B 5.63%
NVIDIA CORP $2.46B 4.95%
CAPITAL GROUP CENTRAL CASH FUND CMQXX $2.10B 4.23%
BROADCOM INC $2.09B 4.22%
MICROSOFT CORP $1.64B 3.30%
ALPHABET INC CL A $1.43B 2.89%
ALPHABET INC CL C $1.38B 2.78%
NETFLIX INC $1.14B 2.31%
AMAZON.COM INC $1.02B 2.05%
View all holdings →

Allocation by sector

As of March 31, 2026 · N-PORT
View portfolio breakdown →

Portfolio moves

Dec 31, 2025 → Mar 31, 2026
Opened
21
Exited
24
Increased
55
Decreased
57
Unchanged
98

How many positions this fund opened, exited, grew, trimmed, or left unchanged between its two most recent N-PORT snapshots — net changes between point-in-time reports, not a trade log.

View portfolio moves →

Similar funds

Funds whose portfolios most overlap this one, by weight
FundOverlapNet exp.
Capital Group Growth ETF · CGGR 80% 0.39%
Growth Fund of America · AGTHX, RGAAX, RGABX, RGACX, RGAEX, RGAFX, GFACX, GFAFX, CGFAX, CGFCX, CGFEX, CGFFX, GFFFX, RGAGX, RGEBX, RGAHX, GAFFX, TAFFX, TFGAX, FAFGX, FFAFX 73% 0.29%
American Funds Fundamental Investors · ANCFX, RFNAX, RFNBX, RFNCX, RFNEX, RFNFX, AFICX, AFIFX, CFNAX, CFNCX, CFNEX, CFNFX, FINFX, RFNGX, RFEBX, RFNHX, FUNFX, TIIIX, TFFFX, FFXFX, FEEFX 54% 0.28%
View all similar funds →

Advisers

As of December 31, 2025 · N-CEN
FirmRole
Capital Research and Management Company Adviser

Footnotes

  1. Net assets and holdings count as of March 31, 2026, from the fund's N-PORT filing.

Machine-readable: JSON · Markdown. Programmatic access via the agent surface.