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American Funds R2 to R3?

Posted on 11/3/15 at 10:46 am
Posted by moon
Member since Dec 2010
2470 posts
Posted on 11/3/15 at 10:46 am
Email I received today from HR:

Our company has elected to change participants 401(k) share class from R2 to R3. This change will go into effect on December 1, 2015. Please read through the attached Notice from American Funds and the Expense Comparison provided.

Can anyone explain what this means?
Thanks
Posted by Shepherd88
Member since Dec 2013
4585 posts
Posted on 11/3/15 at 10:58 am to
Fees are lowered.
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