Is "AMEICAN FUNDS DES:INVESTMENT ID:XXXXXXXXXX59524 IN" fraud?

Written by Julian Sanchez

June 18th, 2024

Medium Risk

What is "AMEICAN FUNDS DES:INVESTMENT ID:XXXXXXXXXX59524 IN"?

Capital Group, founded in 1931, is a financial services company that has been in operation for over 90 years. Capital Group provides a range of investment management services and products, including mutual funds, private equity, and other related investment vehicles. The company is known for its long-term investment approach and serves individual investors, financial intermediaries, and institutional clients. Through its subsidiary American Funds, Capital Group offers various mutual funds that invest in equities, fixed income, and a combination of both.

  • AMEICAN FUNDS: The name of the company or fund handling the investment
  • DES: INVESTMENT
  • ID: XXXXXXXXXX59524
  • INDN: JOHN DOE
  • CO ID: XXXXX17943
  • PPD: Payment type, indicating a Prearranged Payment and Deposit
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