1. Profile
Investing is smart. Keeping it simple is even smarter. SM
A look at six fund opportunities
Smart investing can help tackle some of life’s big challenges
American Express has designed AXP Portfolio Builder Series with your
AXP Portfolio Builder investment needs in mind. AXP Portfolio Builder Series gives you access
to a team of experienced professionals to help you manage your
Series streamlines the
personal economy.
investment decision-
making process, providing Disciplined asset allocation
a clear plan for a The knowledgeable and experienced professionals on the American
Express Capital Markets Committee guide each portfolio’s asset
lifetime of asset allocation.
allocation to make these decisions.
It’s a series of six mutual
In a sense, it’s like having your own team of economists and portfolio
funds that offers you:
managers as you and your advisor strive to meet your financial goals.
■ Disciplined asset allocation Built-in diversification
■ Built-in diversification AXP Portfolio Builder Series provides access to domestic equity
investment styles and sectors, global and international equities and a
■ Convenient, efficient mix of bond sectors. The outlook of the Capital Markets Committee
decision-making helps guide allocations to individual investment categories.
Through investments in both American Express® Funds and American
Express® Partners Funds, AXP Portfolio Builder Series offers an
investment opportunity that capitalizes on the experience and resources
of many of the industry’s most respected firms.
Convenient, efficient decision-making
AXP Portfolio Builder Series:
■ Offers much less paperwork than building a portfolio fund by fund
■ Eliminates the need to manually reallocate your portfolio
Diversification helps you spread risk throughout your portfolio, so investments that
do poorly may be balanced by others that do relatively better. Diversification is not
a guarantee of overall portfolio profit.

2. Funds at a glance
Typical portfolio compositions
AXP® Portfolio Builder AXP® Portfolio Builder AXP® Portfolio Builder
Conservative Fund Moderate Conservative Fund Moderate Fund
■ Seeks the highest level of total ■ Seeks the highest level of total ■ Seeks the highest level of total
return consistent with a return consistent with a moderate return consistent with a moderate
conservative level of risk. level of risk. level of risk.
■ Invests primarily in fixed ■ Invests primarily in fixed income ■ Invests in a balance of fixed income
income securities. securities with a moderate securities and equities.
complement of equities.
10% ■ Stock Funds 20% 5%
■ Stock Funds 35% ■ Stock Funds 50%
Large-, mid-, and small-cap Large-, mid- and small-cap Large-, mid- and small-cap
20% Growth and value 35% Growth and value 50% Growth and value
50%
70% International developed 60% International International
markets Emerging markets Emerging markets
■ Bond Funds 70% ■ Bond Funds 60% ■ Bond Funds 50%
Government Government Government
Investment grade corporate Investment grade corporate Investment grade corporate
Multi-sector High yield corporate High yield corporate
Global Global
■ Cash 10% Multi-sector Multi-sector
■ Cash 5%
AXP® Portfolio Builder AXP® Portfolio Builder AXP® Portfolio Builder
Moderate Aggressive Fund Aggressive Fund Total Equity Fund
■ Seeks the highest level of total ■ Seeks the highest level of total ■ Seeks the highest level of total
return consistent with a return consistent with an aggressive return consistent with a very
moderate aggressive level of risk. level of risk. aggressive level of risk.
■ Invests primarily in equities ■ Invests primarily in equities, with ■ Invests entirely in equities
with a complement of fixed a small complement of fixed under normal market conditions.
income securities. income securities.
■ Stock Funds 65% 20%
■ Stock Funds 80% ■ Stock Funds 100%
35% Large-, mid- and small-cap Large-, mid- and small-cap
Growth and value Large-, mid- and small-cap
Growth and value 100%
Growth and value
65% International International
Emerging markets 80% International
Emerging markets
Emerging markets
■ Bond Funds 35% ■ Bond Funds 20%
Government Government
Investment grade corporate Investment grade corporate
High yield corporate High yield corporate
Global Global
Multi-sector Multi-sector
AXP Portfolio Builder funds will invest in the types of stock and bond funds listed above. These stock and bond funds may invest in asset classes not specifically listed here. Pie charts
represent neutral allocation for each fund. Actual asset allocation will vary over time depending on market conditions.
There are special risk considerations associated with international investing related to market, currency, economic, political and other factors. Stocks of small companies generally
may be subject to abrupt or erratic price movements more so than stocks of larger companies. Some of these companies also have fewer financial resources. Higher yield corporate
bond prices may fluctuate more broadly than prices of higher quality bonds. Risk of principal and income is also greater than with higher quality securities.
Get started today. Talk to your American Express financial advisor to review your current financial situation and find
out which AXP Portfolio Builder fund is best suited to your financial needs.
American Express Funds You should consider the investment objectives, risks, charges and expenses of each AXP Portfolio Builder fund
70100 AXP Financial Center carefully before investing. For a free copy of the prospectus, which contains this and other information,
Minneapolis, MN 55474 call (800) 297-3863, TTY: (800) 846-4852. Read the prospectus carefully before you invest.
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Products offered are not federally or FDIC-insured, are not deposits or obligations of, or guaranteed by any
financial institution and involve investment risks including possible loss of principal and fluctuation in value.
American Express Financial Advisors Inc. Member NASD. American Express Company is separate from
American Express Financial Advisors Inc. and is not a broker-dealer.
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