Formulaire 40-17G AMCAP FUND ◄ mutuelle santé entreprise

La mutuelle européen est mêmes buts que la complémentaire santé individuelle : elle vise à compléter, en partie ou bien en totalité, débours de santé qui ne sont pas remboursées par la Sécurité sociale. Les salariés du clientèle privée et leurs employeurs sont concernés selon la mutuelle collective, autrement appelée mutuelle d’entreprise ou mutuelle de groupe.

Rendues obligatoires depuis le 1er janvier 2016, mutuelles communautaire offrent beaucoup de avantages pour salariés. Elles sont avant tout moins onéreuses que complémentaires de santé individuelle. De plus, une partie des cotisations est prise en charge pendant l’entreprise.

Les employeurs ont pour objectif veiller à fournir à employés une mutuelle correspondant à répondant à compatibles avec un cahier des charges précis, prévu selon le législateur.

Qui est concerné en la mutuelle d’entreprise ?
Tous employeurs du secteur privé devront avoir souscrit or premier janvier 2016, une mutuelle européen pour leurs salariés. Sont ainsi concernées :
TPE et PME
grandes entreprises ou bien multinationales
fraternité
fédérations
Les ayants droit du salarié, ainsi qu’à enfants, peuvent aussi bénéficier de la mutuelle collective. Si le contrat le prévoit, elles peuvent y être affiliés.

A l’inverse, la mutuelle fédératif ne concerne pas le secteur public. Les fonctionnaires ne peuvent ainsi pas y prétendre. Les prolétariat non salariés ne sont pas plus concernés. Pour couvrir leurs dépenses de santé, elles s’orienter vers un contrat de prévoyance.

En principe, la mutuelle européen est obligatoire pour exhaustifs salariés. Sous certaines conditions, le salarié refuser de s’y soumettre.

Quelles dépenses de santé la mutuelle collectif rembourser ?
L’Accord national interprofessionnel (ANI) du 14 juin 2013, qui rend la mutuelle communautaire obligatoire, émane de la loi sur la sécurisation de l’emploi. L’objectif obligatoire est de permettre aux salariés du clientèle privée d’accéder à une mutuelle de qualité. Ainsi, la mutuelle fédératif d’une société d’une société d’une structure d’un établissement assure un socle de garanties minimales, imaginés chez le législateur. Il s’agit :

de la prise en charge de l’intégralité du valeur modérateur pour consultations, les offres et les actes de qui sont remboursés parmi la Sécurité sociale
du remboursement de la intégralité du forfait journalier hospitalier
de l’usage en charge des frais dentaires à hauteur de 125% du tarif conventionnel
de la prise en charge des frais d’optique en tout chez période de 2 ans. Pour une correction simple, le minimum de prise en charge est fixé à 100 €
Ces garanties doivent obligatoirement figurer a l’intérieur du contrat de mutuelle collective. Il s’agit du panier de soins minimum. Légalement, l’employeur n’a pas le droit de présenter une mutuelle dont les garanties seraient inférieures à ce seuil de couverture. Il peut, en revanche, souscrire des garanties supplémentaires : une garantie d’assistance, une meilleure prise en charge pour l’optique et pourquoi pas le dentaire, le troisième payant… Le contrat de la mutuelle communautaire est aussi l’obligation d’être responsable.

Qui finance les cotisations de la mutuelle fédératif ?
Une partie des cotisations de la mutuelle fédératif est prise en charge pendant l’employeur (la part patronale). En cela, les employés sont avantagés. L’employeur prend en charge en or moins 50% des cotisations de la mutuelle collective, pour la partie qui correspond au panier de minimum. Le reste des cotisations est à la charge de l’employé (la part salariale).

Comment mettre en place la mutuelle communautaire obligatoire d’or sein de l’entreprise ?
Avant de souscrire une mutuelle d’entreprise, les employeurs ont la possibilité de soumettre choix aux représentants du personnel. Ils également organiser un référendum auprès de leurs salariés. En cas d’échec des négociations, l’employeur souscrit une mutuelle collective sur décision unilatérale.

Employeurs, renseignez-vous auprès de votre branche prostituée ! Ces dernières vous recommander des mutuelles communautaire intéressantes, parfaitement adaptées à votre secteur d’activité (construction, hôtellerie, restauration, agriculture…) Négociés en la branche professionnelle, les contrats de mutuelle sont souvent pas mal avantageux.

Depuis le 1er janvier 2016, offres de mutuelle communautaire sont multiples sur le marché. Petites, moyennes ainsi qu’à grandes entreprises : courtiers en espoir peuvent vous aider à trouver le contrat qui s’adapte le mieux à vos besoins. Contactez-nous !


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ICI réciproque
LA COMPAGNIE D'ASSURANCE,
groupe de rétention des risques

1401 H St.

Washington, DC, 20005

FONDS DE COUVERTURE DE COMPAGNIE D'INVESTISSEMENT

COMPAGNIE D'ASSURANCE MUTUELLE ICI,

groupe de rétention des risques

1401 H St.

Washington, DC, 20005

DÉCLARATIONS

AVIS

Cette police est émise sous réserve de conservation des risques
groupe. Votre groupe de rétention des risques peut ne pas être soumis à toutes les lois et réglementations en matière d'assurance dans votre état. Assurance d'État
les fonds de garantie de mise en faillite ne sont pas disponibles pour votre équipe de rétention des risques.

Point 1. Nom de l'assuré (assuré) Numéro de caution:
Fondation AMCAP 87111119B

Bureau du directeur: Adresse postale:
333, rue South Hope, 31eSt. Élevé 333, rue South Hope, 31eSt. Élevé
Los Angeles, CA 90071-1406 Los Angeles, CA 90071-1406
Point 2. Période d'obligation: à partir de 12h01 2019 19 décembre jusqu'à 12 h 01 2020 19 décembre , ou

date d'entrée en vigueur antérieure
la date d'expiration de la présente note, l'heure standard à l'adresse principale pour chacune des dates ci-dessus.

Point 3. Limite de responsabilité –
Sous réserve des chapitres 9, 10 et 12 du présent article:

LIMITES

RESPONSABILITÉ

RÉFÉRENCE

MONTANT

Contrat d'assurance A- La fidélité 110 000 000 $ Sans objet
Contrat d'assurance B- COÛTS D'AUDIT 50 000 $ 10 000 $
Contrat d'assurance C- DANS LES CHAMBRES 100 000 000 $ 250 000 $
Contrat d'assurance D- TRANSIT 100 000 000 $ 250 000 $
Contrat d'assurance par e-mail Contrefaçon ou remplacement 100 000 000 $ 250 000 $
Contrat d'assurance F- TITRES 100 000 000 $ 250 000 $
Contrat d'assurance G- Monnaie contrefaite 100 000 000 $ 250 000 $
Contrat d'assurance H- DISPOSITIONS GRATUITES 55 000 $ 5 000 $
Contrat d'assurance I TRANSACTIONS TÉLÉPHONIQUES / ÉLECTRONIQUES 100 000 000 $ 250 000 $
Si l'un des contrats d'assurance ci-dessus est précédé de «non couvert», cette police d'assurance et toutes les références s'y rapportant seront réputées supprimées de ce bon.
CONTRATS D'ASSURANCE FACULTATIFS INCLUS PAR LE RIDER:
Contrat d'assurance J- SÉCURITÉ INFORMATIQUE 100 000 000 $ 250 000 $
Contrat d'assurance M- FRAUDE D'INGÉNIERIE SOCIALE 1 000 000 $ 250 000 $
Contrat d'assurance O- CAS D'OPÉRATIONS DE FRAUDE 3 000 000 $ 250 000 $
Contrat d'assurance X Vol de VETTOR VENDOR CIRCLES 5 000 000 $ 250 000 $
Point 4. Institutions ou locaux d'assurance – Tous locaux ou autres locaux de l'Assuré à l'époque
ce Bon prend effet, comprend ce bon, sauf pour les bureaux ou autres locaux non couverts par Rider. Bureaux ou autre
les locaux acquis ou établis après la date d'entrée en vigueur du présent Bon seront soumis aux termes de l'Accord-cadre A.

Point 5. La responsabilité d'ICI (le "Contrat d'assurance") est soumise aux termes et conditions
des coureurs suivants attachés à ceci:

Pilotes: 1-2-3-4-5-6-7-8-9-10-11-12-13-14-15-16

et
de tous les motocyclistes couverts par cette obligation émise pendant la durée de l’obligation.

Par: A / S / Maggie Sullivan Par: / S / Swenitha Nalli
Représentant autorisé Représentant autorisé

FONDS DE COUVERTURE DE COMPAGNIE D'INVESTISSEMENT

AVIS

Cette police est émise sous réserve de conservation des risques
groupe. Votre groupe de rétention des risques peut ne pas être soumis à toutes les lois et réglementations en matière d'assurance dans votre état. Assurance d'État
les fonds de garantie de mise en faillite ne sont pas disponibles pour votre équipe de rétention des risques.

Compagnie d'assurance mutuelle ICI – Conservation des risques
Le Groupe («l'Assureur»), soumis à la prime convenue et en fonction du Programme et de tout autre
les informations fournies par l'Assuré à la Compagnie d'Assurance dans le respect et conformément aux déclarations, accords-cadres,
Modalités, conditions et limitations et autres modalités de ce bon (y compris tous les participants au présent accord) (le "bon")
s'engage à indemniser l'Assuré des pertes telles que décrites dans la limite de responsabilité et le montant déductible
Dans les contrats d'assurance maintenus à tout moment par l'assuré mais retrouvés pendant la durée du cautionnement.

CONTRATS D'ASSURANCE

A. EXACTITUDE

Perte directement due à la malhonnêteté
ou tout acte frauduleux commis par un employé, qu'il soit commis isolément ou en collaboration avec d'autres (ou
ou non-employés), à ce moment-là, cet employé aura le statut d’employé tel que défini dans les présentes et même si aucune perte n’existe
découvert jusqu'à ce qu'il cesse d'être un employé; SAUF pour les pertes couvertes par le contrat d'assurance B.

AUDIT
DÉPENSES

Frais engagés par l'assuré pour
la partie du coût de l'audit ou de l'examen exigée par tout organisme gouvernemental de réglementation ou organisme d'autoréglementation
doit être appliquée dès sa découverte par cette autorité ou organisation ou par un comptable indépendant ou une autre personne
les pertes subies par l'assuré et couvertes par cette caution.

C. ON
Locaux

Perte de propriété directement
toute disparition mystérieuse ou acte frauduleux ou malhonnête commis par une personne physiquement présente dans le bureau, ou
dans les locaux de l'assuré au moment où le bien est cédé alors que le bien est (ou est raisonnablement supposé ou supposé)
que l'assuré doit soumettre ou déposer dans les bureaux ou les locaux de l'assuré n'importe où sauf dans ces bureaux
supprimé de Rider; SAUF pour les pertes couvertes par le contrat d'assurance A.

D. IN
TRANSIT

Perte de propriété directement
pour toute disparition mystérieuse, acte frauduleux ou malhonnête lors du transfert physique (non électronique) de la propriété
sous la garde d'une personne autorisée par l'assuré à faire office de courrier, sauf en poste ou auprès du transporteur
à louer (sauf société de sécurité); SAUF pour les pertes couvertes par le contrat d'assurance A. Les actifs sont en transit
commençant immédiatement à la réception par la personne transportant ces biens et se terminant immédiatement à la livraison à la personne nommée
au cessionnaire ou à son mandataire, mais uniquement au moment du transfert du bien.

Perte directement due à l'assuré
de bonne foi, après avoir payé ou cédé un bien sur la base d'un original écrit:

(1) lettres de change, chèques, billets à ordre ou autres ordres écrits ou paiement de certains fonds
espèces, acceptations, certificats de dépôt, billets à ordre, mandats, bons de souscription, ordres de trésorerie ou lettres de crédit;
ou

(2) instructions, demandes ou demandes adressées à l'Assuré, accordant la permission ou l'affirmation d'assurance
transfert, paiement, rachat, livraison ou réception d'argent ou de biens, ou avis de tout compte bancaire (sur ces instructions
ou des demandes ou des demandes qui n'auraient pas été signées ou approuvées par (a) tout client de l'Assuré ou (b) tout actionnaire
actions émises ou souscrites par toute société d'investissement; ou (c) toute institution financière ou bancaire ou courtier en valeurs mobilières, et
si ces instructions, demandes ou demandes contiennent une fausse signature ou une approbation ou ont été modifiées sans
la connaissance et le consentement de ce client, de cet actionnaire ou de ce souscripteur en ce qui concerne les actions émises par la société d'investissement ou
établissement bancaire ou courtier); ou

(3) ordres ou reçus de recouvrement d'avoirs, reçus ou certificats de sécurité
pour le bien et ayant le nom de l'assuré en tant qu'émetteur ou le nom d'une autre société d'investissement auprès de laquelle l'assuré agit en tant que représentant;

qui ont (a) une contrefaçon ou (b) une
Remplacement, mais uniquement dans la mesure où la contrefaçon ou l'altération entraîne directement une perte.

Réel
L'assuré ou son mandataire visé aux paragraphes 1 à 3 est une condition de l'assuré.
compter sur les choses.

Cette assurance ne détermine pas E
pour couvrir les pertes liées à la falsification ou l'altération des titres ou les pertes couvertes par le contrat d'assurance A.

Les pertes directement dues à l'assuré,
de bonne foi, dans le cours normal des affaires, et dans toute mesure, à ses propres frais ou dépenses
d'autres, en acquérant, en acceptant ou en recevant, ou en vendant ou en livrant, ou en donnant une valeur, accordé un crédit ou contracté une obligation
la responsabilité de tout titre écrit original lorsque de telles pertes surviennent du fait que ces titres prouvent:

(1) sont contrefaits, mais uniquement dans la mesure où la contrefaçon cause des dommages directs, ou

(3) il contient de la contrefaçon ou de l'altération, mais uniquement dans la mesure directement causée par la contrefaçon ou l'altération
perte,

et indépendamment du fait que
l'action de la personne assurée causant un tel dommage a violé la constitution, le statut, les règles ou règlements de tout organisme d'autorégulation,
membre de l'assuré.

Ce contrat d'assurance F ne fait pas cela
pour couvrir les pertes couvertes par le contrat d'assurance A.

Réel
L'assuré ou son agent autorisé en valeurs mobilières est un précédent pour que l'assuré puisse se fier aux titres.

G. Contrefaçon
MONNAIE

Perte directement à la réception
de l'assuré, de bonne foi dans toute monnaie contrefaite.

Ce contrat d'assurance G ne
pour couvrir les pertes couvertes par le contrat d'assurance A.

H. GRATUIT
Points de dépôt

Perte directement due au paiement
émission de dividendes, émission ou rachat d'actions du Fonds ou échange autorisé à partir du compte auprès du Fonds en raison:

(1) Éléments de dépôt non récupérables du client, de l'actionnaire ou du souscripteur du Fonds à créditer
sur le compte de fonds de l'assuré ou de son mandataire, ou

(2) tout élément de dépôt traité par une chambre de compensation automatisée qui est inversé par le fonds
un client, actionnaire ou abonné et est assuré;

A INDIQUÉ QUE (a) Dépôt d'articles
ne sera pas considéré comme récupérable tant que les procédures de recouvrement de l'Assuré ne seront pas terminées; b) échange d’actions entre
Pour les fonds bénéficiant de privilèges d'échange, cette disposition ne s'applique que si tous ces fonds sont assurés par le preneur d'assurance pour l'argent non récupérable.
Éléments de dépôt; et c) Le fonds couvert met en œuvre et adhère au principe de minimisation des éléments de dépôt.
le nombre de jours spécifié dans la demande (tel que modifié de temps à autre) avant le paiement des dividendes ou des permis de rachat
en ce qui concerne les éléments de ces dépôts (à l'exclusion des échanges entre fonds). Quel que soit le nombre de transactions entre fonds
dans le cadre du programme d'échange, le nombre minimum de jours de conservation des effets de dépôt commence à la date du dépôt
a d'abord été transféré à l'un des fonds assurés.

Ce contrat d'assurance H ne
pour couvrir les pertes couvertes par le contrat d'assurance A.

Moi TRANSACTIONS TÉLÉPHONIQUES / ÉLECTRONIQUES

Perte directement par téléphone / électronique
Une transaction où la demande de transaction téléphonique / électronique suivante est effectuée:

(1) est transmis à l'Assuré ou à ses agents par téléphone vocal ou par voie électronique;
et

(2) est faite par une personne qui prétend être un actionnaire ou un souscripteur du Fonds ou un représentant autorisé
Un actionnaire ou un souscripteur du Fonds; et

(3) est illégal ou malhonnête et est commis avec une intention évidente de fraude;

A INDIQUÉ que l'entité qui reçoit
une telle exigence soutient et adhère généralement à toutes les procédures de sécurité pour les transactions téléphoniques / électroniques pendant la durée du cautionnement
pour toutes les transactions téléphoniques / électroniques; et

SAUF pour les pertes
de:

(1) tentative de non-paiement des actions; ou

(2) tout rachat d'actions de la société d'investissement qui ont été indûment créditées à l'actionnaire
un compte sur lequel cet actionnaire n'a pas (a) déclaré directement ou indirectement que ces actions sont créditées sur un tel compte; et (b) directement
s'il a indirectement tiré un revenu ou d'autres avantages d'un tel rachat; ou

(3) tout rachat d'actions émises par la société d'investissement lorsque ce rachat génère un produit
a été prié (i) d'être payé ou payé à un bénéficiaire non autorisé ou à un compte bancaire autorisé, ou (ii)
envoyé à une adresse autre qu'une adresse autorisée;

(4) non-respect intentionnel des procédures de sécurité pour une ou plusieurs transactions téléphoniques / électroniques;
ou

(5) demande de transactions par e-mail ou par téléphone / électronique sous quelque forme que ce soit
aucune procédure de sécurité des transactions téléphoniques / électroniques; ou

(6) défaillance ou contournement de tout dispositif de sécurité physique ou électronique, y compris tout pare-feu,
il mesure le flux de trafic électronique vers ou depuis n'importe quel système informatique.

Cette police d'assurance, je ne suis pas
pour couvrir les pertes couvertes par la police d'assurance A, Fidelity ou la police d'assurance J, sécurité informatique.

ACCORDS GÉNÉRAUX

A. BUREAU OU EMPLOYÉS SUPPLÉMENTAIRES – CONSOLIDATION OU FUSION – NOTIFICATION

1. Sous réserve des dispositions du paragraphe 2, ce cautionnement sera applicable à toutes les filiales établies
pendant la durée du cautionnement de l'assuré et à tous les employés pendant la durée du cautionnement sans avoir à déclarer ni à payer
paiements supplémentaires au courtier pour la période d'obligation.

2. Si, pendant la durée de l'obligation, l'entreprise d'investissement assurée fusionne ou se consolide avec l'institution
lorsque cette personne assurée est un survivant ou achète la quasi-totalité des actifs ou du capital-actions d'une autre institution,
acquiert ou crée un portefeuille d'investissement distinct et en informe le Distributeur dans les soixante (60) jours, puis
Le cautionnement est automatiquement applicable aux actifs et aux salariés résultant d'une telle fusion, consolidation, acquisition ou création
à partir de sa date; à condition, cependant, que le Distributeur d'Assurances puisse contraindre une telle protection à payer une prime supplémentaire.

GARANTIE

Aucune déclaration en son nom ou en son nom
La réclamation de l'Assuré, qu'elle soit ou non dans l'Application, sera considérée comme une garantie absolue, mais seulement une garantie.
que la personne responsable d'une telle déclaration est vraie.

C. LA COUR
FRAIS DE DÉPENSES ET D'ORGANISATION

La compagnie d'assurance vous indemnisera
Assuré contre les frais de justice et les honoraires d'avocat raisonnables engagés et payés par l'assuré pour défendre tout litige
intentée contre la personne assurée dans le but de récupérer toute perte qui, si elle était identifiée au preneur d'assurance, serait couverte
aux termes de ce lien; à condition toutefois que, dans le cas du contrat d'assurance A, cette prestation soit régie uniquement par le contrat d'assurance
un événement qui:

1. L'employé avoue être malhonnête ou malhonnête ou est reconnu coupable de l'avoir fait
L'acte causant la perte; ou

2. en l'absence d'un tel consentement ou d'une telle décision, l'arbitre ou les arbitres sont acceptables
l'assuré et le preneur d'assurance, après avoir examiné l'énoncé conjoint des faits, concluent que l'employé a agi de mauvaise foi
ou un acte de fraude ayant entraîné une perte.

L'assuré en informe immédiatement
Le signataire d'une telle procédure devra fournir une copie de tous les actes de procédure et demander
d'autres documents. Lors de l'élection du distributeur, l'assuré doit permettre au preneur d'assurance de se défendre
poursuites judiciaires au nom de l'Assuré par l'intermédiaire des avocats de choix de l'Assuré. Dans ce cas, l'assuré
fournira toutes les informations et l'assistance raisonnables que le Preneur d'assurance juge nécessaires pour appliquer correctement ces lois
continue.

Si la somme assurée
la responsabilité ou la responsabilité présumée dans un tel litige est supérieure au montant que l'assuré aurait le droit de recouvrer
en vertu de cette caution (sauf en vertu du présent accord-cadre C) ou, si un montant déductible s'applique, ou les deux, une indemnisation
La responsabilité du preneur d'assurance en vertu du présent contrat général C est limitée à la partie des frais de justice et des honoraires d'avocat
encourus et payés par l'assuré ou l'assureur afin que le montant que l'assuré ait le droit de récupérer en
La caution (sauf en vertu du présent contrat général C) sera couverte par ce montant plus le montant non couvert par l'assuré.
droit au recouvrement. Cette indemnité s'ajoute à la limite de responsabilité du contrat d'assurance applicable.

D. INTERPRÉTATION

Ce lien doit être interprété
compte dûment tenu de la limitation de fidélité prévue par la loi de 1940. La Loi sur les sociétés d'investissement en vertu de la règle 17g-1 (c.-à-d. Protéger
tiers tiers innocents de subir un préjudice) et la structure de l'industrie de la gestion des investissements (où les actifs sont perdus)
pour la raison décrite dans tout contrat d'assurance, donne généralement la responsabilité légale au preneur d'assurance),
dans le cas où le terme "perte" inclut la responsabilité légale de l'assuré pour l'indemnisation directe
résultant directement d'un détournement ou d'une atteinte mesurable.

CET OBLIGATION COMPRENANT LA PREMIÈRE ASSURANCE
ACCORDS
ET LES ACCORDS-CADRES S'APPLIQUENT AUX DISPOSITIONS SUIVANTES
TERMES, CONDITIONS ET RESTRICTIONS:

SECTION 1. DÉFINITIONS

Suivant
les termes utilisés dans la présente note ont la signification indiquée dans cette section:

A. "Remplacement" signifie marquer, modifier ou remplacer des panneaux
les termes, la signification ou l'effet juridique du document destiné à frauder.

B. "Demande" signifie la demande de l'assuré (et toutes pièces jointes et
matériel qui l’accompagne) soumis au Distributeur de cette Obligation.

C. "Adresse autorisée" signifie (1) toute adresse officiellement remboursable
les revenus peuvent être envoyés (2) à toute adresse communiquée par écrit par l'actionnaire Record (hors transmission électronique)
et reçu par l'Assuré au moins un (1) jour avant la date de cette nomination, ou (3) à toute adresse spécifiée
au moins 15 jours avant l'entrée en vigueur, par téléphone ou par téléphone par voie électronique
la date de cette nomination.

D. "Compte bancaire autorisé" désigne tout compte bancaire officiellement désigné
le produit du rachat peut être envoyé par la poste.

E. "Destinataire agréé" signifie (1) un actionnaire inscrit ou (2) tout autre
Personne désignée officiellement à qui le produit du rachat peut être envoyé.

F. "Système informatique" signifie (1) des ordinateurs avec des composants externes connexes, y compris
composants de stockage, (2) systèmes et logiciels d'application, (3) terminaux, (4) réseaux de communication connexes ou client
systèmes de communication et (5) systèmes électroniques de transfert de fonds; qui collectent des données ou de l'argent par voie électronique,
transmis, traités, stockés ou récupérés.

G. "Fake" signifie une simulation écrite de l'original valide réel, qui est
destiné à tromper et être considéré comme original.

H. Crypto-monnaie désigne un support d'échange numérique ou électronique fonctionnant
quelle que soit la banque centrale où les techniques de cryptage sont utilisées pour réguler la génération d'unités et vérifier le transfert
unités d'une personne à une autre.

Moi "Devise" est un outil d'échange à usage courant, autorisé ou accepté
un gouvernement national ou étranger dans le cadre de sa monnaie officielle.

J. "Montant du retrait" dans le cas d'un contrat d'assurance, le montant
mentionnée au point 3 des déclarations ou dans la section "Montant déductible" du motocycliste dans une telle police d'assurance,
s'applique à chaque sinistre individuel couvert par cette assurance.

Q. "Dépositaire" désigne tout "dépositaire de titres" (à l'exception des
dépositaire de titres) dans lequel la société d'investissement peut investir ses titres conformément à la règle 17f-4
1940 Droit des sociétés.

L. Actes déloyaux ou malhonnêtes désigne tout acte de malhonnêteté ou de malhonnêteté, y compris
1940 Conscience au sens du chapitre 37 de la loi sur les sociétés d'investissement – "bénéfices et pillage"
l'intention apparente de (1) nuire au preneur d'assurance et (2) d'amener le contrevenant à obtenir des avantages financiers indus
ou toute autre personne ou entité. Un acte malhonnête ou malhonnête n'implique pas et n'inclut pas un acte imprudent, négligent ou grossier
négligence. Les avantages sociaux ne sont pas inclus dans la définition de «gain financier indu»
pendant le travail, y compris les salaires, commissions, honoraires, primes, promotions, récompenses, participation aux bénéfices ou pensions.

M. "Transmission électronique" désigne toute transmission par voie électronique,
y compris, mais sans s'y limiter, les transmissions transmises par tonalités téléphoniques, télécopie, sans fil ou Internet.

(1) chaque dirigeant, administrateur, fiduciaire, associé ou employé de l'assuré et

(2) chaque dirigeant, administrateur, fiduciaire, associé ou employé de l'un des prédécesseurs assurés du mandant
le bien est acquis par la personne assurée par mise en commun ou mise en commun des actifs ou du capital-actions de ce prédécesseur,
et

(3) tout avocat qui fournit des services juridiques à la personne assurée et un tel avocat ou son personnel
le cabinet d'avocats d'un tel avocat dans ses services à l'assuré, et

(4) chaque étudiant qui est un stagiaire autorisé de l'assuré, de n'importe quel bureau de l'assuré,
et

(5) chaque dirigeant, administrateur, fiduciaire, associé ou employé

a) conseiller en placement,
b) le preneur d'assurance (distributeur),
c) l'agent des transferts ou le registraire des actionnaires, ou
(d) l'administrateur, autorisé par accord écrit à traiter les documents financiers et / ou autres selon les besoins,

à une société d'investissement appelée
en tant qu'assuré, UNIQUEMENT pendant que (i) cet officier, partenaire ou employé exerce des activités dans le cours normal de ses fonctions
un dirigeant ou un employé assuré, ou (ii) un tel dirigeant, administrateur, fiduciaire, associé ou employé agit comme
tout comité dûment élu ou nommé pour examiner, inspecter ou superviser ou utiliser les biens du preneur d'assurance; ou (iii)
cet administrateur ou fiduciaire (ou toute autre personne occupant un poste similaire) agit en dehors du cadre des fonctions normales d'un administrateur
ou un fiduciaire; À condition que le terme «employé» ne comprenne aucun dirigeant, administrateur, fiduciaire, associé ou employé
agent des transferts, agent comptable des registres ou administrateur (x) qui n'est pas une «partie liée» (comme
tel que défini dans les années 40. Article 2 a) de la loi sur les sociétés d'investissement), une entreprise d'investissement connue sous le nom d'assuré, de
un distributeur d'une telle société d'investissement, ou (y) une "banque" (au sens de la section 2 (a) de la société d'investissement)
1940 Loi) et

(6) toute personne nommée par contrat ou par l'une des agences fournissant du personnel temporaire,
dans le cas d'un employé occasionnel ou à temps partiel, pour exercer les fonctions habituelles d'un employé dans l'une des institutions assurées, et

(7) toute personne nommée pour exercer les fonctions normales d'un employé ou d'un dirigeant d'une entité autorisée
effectuer des contrôles ou autres documents comptables du responsable du traitement électronique des données par accord écrit avec l'Assuré
L'assuré, mais pas le sous-traitant, agissant en tant qu'agent des transferts ou exerçant tout autre droit du représentant de l'assuré dans l'émission
– chèques, lettres de change ou titres, sauf indication contraire au paragraphe 5, et

(8) chaque dirigeant, associé ou employé

a) tout dépositaire ou bourse,
b) tout candidat au nom duquel un titre est enregistré est inclus dans le système de gestion central
– des titres établis et conservés par tout dépositaire, et –
c) toute société de services reconnue fournissant des secrétaires ou autre personnel à tout dépositaire ou bourse
par contrat,

et cet officier, associé ou employé
– fournir des services à tout dépositaire dans la gestion des systèmes centraux de gestion des titres, et –

(9) dans le cas d'une personne assurée, il s'agit d'un «régime d'avantages sociaux» (tel que défini à la section 4)
1974 L'article 3 de la Loi sur la protection du revenu de retraite des employés («ERISA»), destiné aux dirigeants, administrateurs ou employés d'autres personnes
Assuré («Plan interne»), tout «Fiduciaire» ou tout autre «Agent du plan» (tel que défini à
ERISA Section 412 de ce plan interne), à ​​condition que ce fiduciaire ou autre dirigeant du régime soit un administrateur, un associé, un dirigeant,
le syndic ou l'employé de l'assuré (sauf pour le régime interne).

Tout employeur d'agent temporaire
et chaque entité visée aux paragraphes 6 et 7 et leurs associés, dirigeants et employés respectifs doivent conjointement
sera traité comme une seule personne à toutes fins de ce Bon.

Courtiers, agents, entrepreneurs indépendants,
ou des représentants de même nature générale ne sont pas considérés comme des salariés, sauf dans les cas prévus aux paragraphes 3, 6,
et (7).

O "Échanges" désigne toute Bourse nationale inscrite sous Titres
1934 La loi de l'échange.

P. "Contrefaçon" signifie la signature physique du nom d'une autre personne sur le document
l'intention de tromper. Les signatures falsifiables peuvent être reproduites mécaniquement, ainsi que les signatures manuscrites.
La contrefaçon n'inclut pas la signature du nom d'une personne, quelle que soit l'autorité ou la capacité de la personne
ou objectif.

Q. "Dépôt d'articles" signifie un ou plusieurs chèques ou traites.

R. Société d'investissement ou "Fondation" signifie une société d'investissement
enregistré sous les années 40. Loi sur les sociétés d'investissement.

S. "Limite de responsabilité" signifie une limite sur tout contrat d'assurance
La responsabilité du preneur d'assurance pour toute perte ponctuelle couverte par un tel contrat d'assurance, comme indiqué dans la section «Limites
responsabilité civile », dans les revendications 3 ou tout avenant pour une telle assurance.

T. "Disparition mystérieuse" signifie toute disparition de biens qui, après
l'étude raisonnée ne peut être expliquée.

U. Non financé désigne toute société, fiducie commerciale, partenariat, fiducie ou autre
entité autre qu'une entreprise d'investissement.

V. "Officiellement désigné" enregistrer les mesures imposées par l'actionnaire:

(1) demande de facture initiale,

(2) par écrit, accompagné de la garantie de signature, ou

(3) par écrit ou par voie électronique, lorsque cette nomination est confirmée par un appel à
l'actionnaire coté assuré à un numéro de téléphone prédéterminé fourni par l'actionnaire inscrit à l'assuré
par écrit au moins 30 jours avant cette annulation.

W. "Original" représente le premier rendu ou archétype et n'inclut pas de copies
ou des émissions électroniques, même si elles sont reçues et imprimées.

X. "Transaction téléphonique / électronique" signifie tout rachat de (1) actions émises
Société d'investissement, (2) Choix d'options de dividendes disponibles pour les actionnaires du Fonds, (3) Échange d'actions nominatives
un compte d'un fonds en actions dans un compte enregistré identique d'un autre fonds du même ensemble sous privilèges d'échange
achat d'actions émises par deux fonds ou (4) rachat, choix, conversion ou achat d'actions par une société d'investissement
demandé par téléphonie vocale ou transmission électronique.

Y. Procédures de sécurité pour les transactions téléphoniques / électroniques signifie les procédures de sécurité
pour téléphone /
Les transactions électroniques spécifiées dans la demande et / ou autrement déclarées par écrit au Distributeur.

Z. "Propriété" désigne les éléments tangibles suivants: argent, affranchissement et timbres,
métaux précieux, titres, effets, acceptations, chèques, lettres de change ou autres mandats ou ordres de paiement
certaines espèces, certificats de dépôt, billets à ordre, mandats, lettres de crédit, contrats à terme financiers, séquestre
contrats de vente, résumés de propriétés, polices d'assurance, documents, hypothèques et tous les éléments ci-dessus et autres actifs précieux
documents, y compris les livres et autres documents utilisés par le preneur d'assurance dans la conduite de ses affaires, et tout autre document
similaire ou de même nature (mais excluant tous les enregistrements de traitement) (1) dans lequel l'assuré a un droit légal
l'intérêt connu (2) par lequel l'assuré a acquis ou aurait dû acquérir cet intérêt à l'égard du prédécesseur
la situation financière déclarée au moment de la consolidation, de la fusion ou de l'achat des actifs sous-jacents de l'assuré
du précurseur ou (3) que le Titulaire de la police considère être à quelque fin ou capacité que ce soit.

AA. "Valeurs mobilières" désigne les accords ou documents contractuels ou non négociables originaux
qui représentent un intérêt, un bien ou une dette juste ou légitime (y compris des certificats d'actions, des obligations, des billets et des bons de souscription)
ils peuvent être éliminés dans le cours normal des affaires par confirmation physique ou rendez-vous.
Les «titres» ne comprennent pas les lettres de change, les acceptations, les certificats de dépôt, les chèques, les billets à ordre ou tout autre document écrit
mandats, mandats, mandats ou lettres de crédit.

BB. "Entreprise de sécurité" – l'entité fournissant ou ayant l'intention d'octroyer
transport de biens par des moyens sûrs, y compris mais sans s'y limiter, au moyen de véhicules blindés ou de gardes.

CC. Organisation d'autoréglementation désigne toute association de conseillers en investissement
ou des courtiers en valeurs mobilières enregistrés en vertu des lois fédérales sur les valeurs mobilières, ou tout échange.

DD. Actionnaire inscrit signifie détenteur record d'actions émises par un investissement
Société ou, en cas de copropriété de ces actions, tous les propriétaires d'enregistrements, comme indiqué (1) dans la demande d'ouverture de compte initiale,
ou (2) par écrit accompagné d'une garantie de signature, ou (3) dans la procédure et / ou
autrement fourni par écrit à l'assureur.

EE. Perte unique signifie:

(1) toute perte causée par un seul acte (autre qu'un acte malhonnête ou frauduleux)
ou

(2) toute perte causée par des actes malhonnêtes ou frauduleux commis par une seule personne, ou

(3) toutes les dépenses engagées à l'égard d'une vérification ou d'un examen, ou

(4) toute perte causée par un événement ou un événement autre que ceux spécifiés aux paragraphes (1) à
(3) ci-dessus.

Tous actes ou omissions d'un ou plusieurs
les personnes qui, directement ou indirectement, aident, par défaut de déclaration ou autrement, à permettre la poursuite d'un acte visé à
les paragraphes (1) et (2) ci-dessus de toute autre personne sont soumis aux actes de cette autre personne pour l'application du présent paragraphe.

Tous les actes ou événements ou événements
qui ont un lien commun avec tout fait, circonstance, situation, transaction ou série de faits, circonstances, situations ou transactions
shall be deemed to be one act, one occurrence, or one event.

FF. “Telefacsimile” means a system of transmitting and reproducing fixed graphic
material (as, for example, printing) by means of signals transmitted over telephone lines or over the Internet.

GG. “Written” means expressed through letters or marks placed upon paper and visible
to the eye.

SECTION 2. EXCLUSIONS

THIS BOND DOES NOT COVER:

A. Loss resulting from (1) riot or civil commotion outside the United States of America and Canada,
or (2) war, revolution, insurrection, action by armed forces, or usurped power, wherever occurring; except if such loss occurs
while the Property is in transit, is otherwise covered under Insuring Agreement D, and when such transit was initiated, the Insured
or any person initiating such transit on the Insured’s behalf had no knowledge of such riot, civil commotion, war, revolution,
insurrection, action by armed forces, or usurped power.

B. Loss in time of peace or war resulting from nuclear fission or fusion or radioactivity, or biological
or chemical agents or hazards, or fire, smoke, or explosion, or the effects of any of the foregoing.

C. Loss resulting from any Dishonest or Fraudulent Act committed by any person while acting in the
capacity of a member of the Board of Directors or any equivalent body of the Insured or of any other entity.

D. Loss resulting from any nonpayment or other default of any loan or similar transaction made by
the Insured or any of its partners, directors, officers or employees, whether or not authorized and whether procured in good faith
or through a Dishonest or Fraudulent Act, unless such loss is otherwise covered under Insuring Agreement A, E, or F.

E. Loss resulting from any violation by the Insured or by any Employee of any law, or any rule or
regulation pursuant thereto or adopted by a Self-Regulatory Organization, regulating the issuance, purchase or sale of securities,
securities transactions upon security exchanges or over the counter markets, Investment Companies, or investment advisers, unless
such loss, in the absence of such law, rule or regulation, would be covered under Insuring Agreement A, E, or F.

F. Loss resulting from Property that is the object of a Dishonest or Fraudulent Act or Mysterious
Disappearance while in the custody of any Security Company, unless such loss is covered under this Bond and is in excess of the
amount recovered or received by the Insured under (1) the Insured’s contract with such Security Company, and (2) insurance
or indemnity of any kind carried by such Security Company for the benefit of, or otherwise available to, users of its service,
in which case this Bond shall cover only such excess, subject to the applicable Limit of Liability and Deductible Amount.

G. Potential income, including but not limited to interest and dividends, not realized by the Insured
because of a loss covered under this Bond, except when covered under Insuring Agreement H.

H. Loss in the form of (1) damages of any type for which the Insured is legally liable, except direct
compensatory damages, or (2) taxes, fines, or penalties, including without limitation two-thirds of treble damage awards pursuant
to judgments under any statute or regulation.

I. Loss resulting from the surrender of Property away from an office of the Insured as a result of
kidnap, ransom, or extortion, or a threat

(1) to do bodily harm to any person, except where the Property is in transit in the custody of any
person acting as messenger as a result of a threat to do bodily harm to such person, if the Insured had no knowledge of such threat
at the time such transit was initiated, or

(2) to do damage to the premises or Property of the Insured,

unless such loss
is otherwise covered under Insuring Agreement A.

J. All costs, fees, and other expenses incurred by the Insured in establishing the existence of or
amount of loss covered under this Bond, except to the extent certain audit expenses are covered under Insuring Agreement B.

K. Loss resulting from payments made to or withdrawals from any account, involving funds erroneously
credited to such account, unless such loss is otherwise covered under Insuring Agreement A.

L. Loss resulting from uncollectible Items of Deposit which are drawn upon a financial institution
outside the United States of America, its territories and possessions, or Canada.

M. Loss resulting from the Dishonest or Fraudulent Acts or other acts or omissions of an Employee
primarily engaged in the sale of shares issued by an Investment Company to persons other than (1) a person registered as a broker
under the Securities Exchange Act of 1934 or (2) an “accredited investor” as defined in Rule 501(a) of Regulation D
under the Securities Act of 1933, which is not an individual.

N. Loss resulting from the use of credit, debit, charge, access, convenience, identification, cash
management or other cards, whether such cards were issued or purport to have been issued by the Insured or by anyone else, unless
such loss is otherwise covered under Insuring Agreement A.

O. Loss resulting from any purchase, redemption or exchange of securities issued by an Investment
Company or other Insured, or any other instruction, request, acknowledgement, notice or transaction involving securities issued
by an Investment Company or other Insured or the dividends in respect thereof, when any of the foregoing is requested, authorized
or directed or purported to be requested, authorized or directed by voice over the telephone or by Electronic Transmission, unless
such loss is otherwise covered under Insuring Agreement A or Insuring Agreement I.

P. Loss resulting from any Dishonest or Fraudulent Act or committed by an Employee as defined in Section
1.N(2), unless such loss (1) could not have been reasonably discovered by the due diligence of the Insured at or prior to the time
of acquisition by the Insured of the assets acquired from a predecessor, and (2) arose out of a lawsuit or valid claim brought
against the Insured by a person unaffiliated with the Insured or with any person affiliated with the Insured.

Q. Loss resulting from the unauthorized entry of data into, or the deletion or destruction of data
in, or the change of data elements or programs within, any Computer System, unless such loss is otherwise covered under Insuring
Agreement A.

R. Loss resulting from the theft, disappearance, destruction, disclosure, or unauthorized use of confidential
or personal information (including, but not limited to, trade secrets, personal shareholder or client information, shareholder
or client lists, personally identifiable financial or medical information, intellectual property, or any other type of non-public
information), whether such information is owned by the Insured or held by the Insured in any capacity (including concurrently with
another person); provided, however, this exclusion shall not apply to loss arising out of the use of such information to support
or facilitate the commission of an act otherwise covered by this Bond.

S. All costs, fees, and other expenses arising from a data security breach or incident, including,
but not limited to, forensic audit expenses, fines, penalties, expenses to comply with federal and state laws and expenses related
to notifying affected individuals.

T. Loss resulting from vandalism or malicious mischief.

U. Loss resulting from the theft, disappearance, or destruction of Cryptocurrency or from the change
in value of Cryptocurrency, unless such loss (1) is sustained by any investment company registered under the Investment Company
Act of 1940 that is named as an Insured and (2) is otherwise covered under Insuring Agreement A.

SECTION 3. ASSIGNMENT OF RIGHTS

Upon payment to the Insured hereunder
for any loss, the Underwriter shall be subrogated to the extent of such payment to all of the Insured’s rights and claims
in connection with such loss; provided, however, that the Underwriter shall not be subrogated to any such rights or claims one
named Insured under this Bond may have against another named Insured under this Bond. At the request of the Underwriter, the Insured
shall execute all assignments or other documents and take such action as the Underwriter may deem necessary or desirable to secure
and perfect such rights and claims, including the execution of documents necessary to enable the Underwriter to bring suit in the
name of the Insured.

Assignment of any rights or claims
under this Bond shall not bind the Underwriter without the Underwriter’s written consent.

SECTION 4. LOSSNOTICEPROOFLEGAL
PROCEEDINGS

This Bond is for the use and benefit
only of the Insured and the Underwriter shall not be liable hereunder to anyone other than the Insured. As soon as practicable
and not more than sixty (60) days after discovery of any loss covered hereunder, the Insured shall give the Underwriter written
notice thereof and, as soon as practicable and within one year after such discovery, shall also furnish to the Underwriter affirmative
proof of loss with full particulars. The Underwriter may extend the sixty-day notice period or the one-year proof of loss period
if the Insured requests an extension and shows good cause therefor.

The Insured shall provide the Underwriter
with such information, assistance, and cooperation as the Underwriter may reasonably request.

See also General Agreement C (Court
Costs and Attorneys’ Fees).

The Underwriter shall not be liable
hereunder for loss of Securities unless each of the Securities is identified in such proof of loss by a certificate or bond number
or by such identification means as the Underwriter may require. The Underwriter shall have a reasonable period after receipt of
a proper affirmative proof of loss within which to investigate the claim, but where the Property is Securities and the loss is
clear and undisputed, settlement shall be made within forty-eight (48) hours even if the loss involves Securities of which duplicates
may be obtained.

The Insured shall not bring legal
proceedings against the Underwriter to recover any loss hereunder prior to sixty (60) days after filing such proof of loss or subsequent
to twenty-four (24) months after the discovery of such loss or, in the case of a legal proceeding to recover hereunder on account
of any judgment against the Insured in or settlement of any suit mentioned in General Agreement C or to recover court costs or
attorneys’ fees paid in any such suit, twenty-four (24) months after the date of the final judgment in or settlement of such
suit. If any limitation in this Bond is prohibited by any applicable law, such limitation shall be deemed to be amended to be equal
to the minimum period of limitation permitted by such law.

Notice hereunder shall be given to
Manager, Professional Liability Claims, ICI Mutual Insurance Company, RRG, 1401 H St. NW, Washington, DC 20005.

SECTION 5.
DISCOVERY

For all purposes under this Bond,
a loss is discovered, and discovery of a loss occurs, when the Insured

(1) becomes aware of facts, or

(2) receives notice of an actual or potential claim by a third party which alleges that the Insured
is liable under circumstances,

which would cause a reasonable person
to assume that a loss of a type covered by this Bond has been or is likely to be incurred, regardless of when the act or acts causing
or contributing to such loss occurred, even though the exact amount or details of the loss may not be known.

SECTION 6.
VALUATION OF PROPERTY

For the purpose of determining the
amount of any loss hereunder, the value of any Property shall be the market value of such Property at the close of business on
the first business day before the discovery of such loss; except that

(1) the value of any Property replaced by the Insured prior to the payment of a claim therefor shall
be the actual market value of such Property at the time of replacement, but not in excess of the market value of such Property
on the first business day before the discovery of the loss of such Property;

(2) the value of Securities which must be produced to exercise subscription, conversion, redemption
or deposit privileges shall be the market value of such privileges immediately preceding the expiration thereof if the loss of
such Securities is not discovered until after such expiration, but if there is no quoted or other ascertainable market price for
such Property or privileges referred to in clauses (1) and (2), their value shall be fixed by agreement between the parties or
by arbitration before an arbitrator or arbitrators acceptable to the parties; et

(3) the value of books of accounts or other records used by the Insured in the conduct of its business
shall be limited to the actual cost of blank books, blank pages or other materials if the books or records are reproduced plus
the cost of labor for the transcription or copying of data furnished by the Insured for reproduction.

SECTION 7.
LOST SECURITIES

The maximum liability of the Underwriter
hereunder for lost Securities shall be the payment for, or replacement of, such Securities having an aggregate value not to exceed
the applicable Limit of Liability. If the Underwriter shall make payment to the Insured for any loss of Securities, the Insured
shall assign to the Underwriter all of the Insured’s right, title and interest in and to such Securities. In lieu of such
payment, the Underwriter may, at its option, replace such lost Securities, and in such case the Insured shall cooperate to effect
such replacement. To effect the replacement of lost Securities, the Underwriter may issue or arrange for the issuance of a lost
instrument bond. If the value of such Securities does not exceed the applicable Deductible Amount (at the time of the discovery
of the loss), the Insured will pay the usual premium charged for the lost instrument bond and will indemnify the issuer of such
bond against all loss and expense that it may sustain because of the issuance of such bond.

If the value of such Securities exceeds
the applicable Deductible Amount (at the time of discovery of the loss), the Insured will pay a proportion of the usual premium
charged for the lost instrument bond, equal to the percentage that the applicable Deductible Amount bears to the value of such
Securities upon discovery of the loss, and will indemnify the issuer of such bond against all loss and expense that is not recovered
from the Underwriter under the terms and conditions of this Bond, subject to the applicable Limit of Liability.

SECTION 8.
SALVAGE

If any recovery is made, whether by
the Insured or the Underwriter, on account of any loss within the applicable Limit of Liability hereunder, the Underwriter shall
be entitled to the full amount of such recovery to reimburse the Underwriter for all amounts paid hereunder with respect to such
loss. If any recovery is made, whether by the Insured or the Underwriter, on account of any loss in excess of the applicable Limit
of Liability hereunder plus the Deductible Amount applicable to such loss from any source other than suretyship, insurance, reinsurance,
security or indemnity taken by or for the benefit of the Underwriter, the amount of such recovery, net of the actual costs and
expenses of recovery, shall

be applied to reimburse the Insured
in full for the portion of such loss in excess of such Limit of Liability, and the remainder, if any, shall be paid first to reimburse
the Underwriter for all amounts paid hereunder with respect to such loss and then to the Insured to the extent of the portion of
such loss within the Deductible Amount. The Insured shall execute all documents which the Underwriter deems necessary or desirable
to secure to the Underwriter the rights provided for herein.

SECTION 9. NON-REDUCTION
AND NON-ACCUMULATION OF LIABILITY AND TOTAL LIABILITY

Prior to its termination, this Bond
shall continue in force up to the Limit of Liability for each Insuring Agreement for each Single Loss, notwithstanding any previous
loss (other than such Single Loss) for which the Underwriter may have paid or be liable to pay hereunder; PROVIDED, however, that
regardless of the number of years this Bond shall continue in force and the number of premiums which shall be payable or paid,
the liability of the Underwriter under this Bond with respect to any Single Loss shall be limited to the applicable Limit of Liability
irrespective of the total amount of such Single Loss and shall not be cumulative in amounts from year to year or from period to
period.

SECTION 10.
MAXIMUM LIABILITY OF UNDERWRITER; OTHER BONDS OR POLICIES

The maximum liability of the Underwriter
for any Single Loss covered by any Insuring Agreement under this Bond shall be the Limit of Liability applicable to such Insuring
Agreement, subject to the applicable Deductible Amount and the other provisions of this Bond. Recovery for any Single Loss may
not be made under more than one Insuring Agreement. If any Single Loss covered under this Bond is recoverable or recovered in whole
or in part because of an unexpired discovery period under any other bonds or policies issued by the Underwriter to the Insured
or to any predecessor in interest of the Insured, the maximum liability of the Underwriter shall be the greater of either (1) the
applicable Limit of Liability under this Bond, or (2) the maximum liability of the Underwriter under such other bonds or policies.

SECTION 11. OTHER INSURANCE

Notwithstanding anything to the contrary
herein, if any loss covered by this Bond shall also be covered by other insurance or suretyship for the benefit of the Insured,
the Underwriter shall be liable hereunder only for the portion of such loss in excess of the amount recoverable under such other
insurance or suretyship, but not exceeding the applicable Limit of Liability of this Bond.

SECTION 12. DEDUCTIBLE
AMOUNT

The Underwriter shall not be liable
under any Insuring Agreement unless the amount of the loss covered thereunder, after deducting the net amount of all reimbursement
and/or recovery received by the Insured with respect to such loss (other than from any other bond, suretyship or insurance policy
or as an advance by the Underwriter hereunder) shall exceed the applicable Deductible Amount; in such case the Underwriter shall
be liable only for such excess, subject to the applicable Limit of Liability and the other terms of this Bond.

No Deductible Amount shall apply to
any loss covered under Insuring Agreement A sustained by any Investment Company named as an Insured.

SECTION 13. TERMINATION

The Underwriter may terminate this
Bond as to any Insured or all Insureds only by written notice to such Insured or Insureds and, if this Bond is terminated as to
any Investment Company, to each such Investment Company terminated thereby and to the Securities and Exchange Commission, Washington,
D.C., in all cases not less than sixty (60) days prior to the effective date of termination specified in such notice.

The Insured may terminate this Bond
only by written notice to the Underwriter not less than sixty (60) days prior to the effective date of the termination specified
in such notice. Notwithstanding the foregoing, when the Insured terminates this Bond as to any Investment Company, the effective
date of termination shall be not less than sixty (60) days from the date the Underwriter provides written notice of the termination
to each such Investment Company terminated thereby and to the Securities and Exchange Commission, Washington, D.C.

This Bond will terminate as to any
Insured that is a Non-Fund immediately and without notice upon (1) the takeover of such Insured’s business by any State
or Federal official or agency, or by any receiver or liquidator, or (2) the filing of a petition under any State or Federal statute
relative to bankruptcy or reorganization of the Insured, or assignment for the benefit of creditors of the Insured.

Premiums are earned until the effective
date of termination. The Underwriter shall refund the unearned premium computed at short rates in accordance with the Underwriter’s
standard short rate cancellation tables if this Bond is terminated by the Insured or pro rata if this Bond is terminated by the
Underwriter.

Upon the detection by any Insured
that an Employee has committed any Dishonest or Fraudulent Act(s), the Insured shall immediately remove such Employee from a position
that may enable such Employee to cause the Insured to suffer a loss by any subsequent Dishonest or Fraudulent Act(s). The Insured,
within two (2) business days of such detection, shall notify the Underwriter with full and complete particulars of the detected
Dishonest or Fraudulent Act(s).

For purposes of this section, detection
occurs when any partner, officer, or supervisory employee of any Insured, who is not in collusion with such Employee, becomes aware
that the Employee has committed any Dishonest or Fraudulent Act(s).

This Bond shall terminate as to any
Employee by written notice from the Underwriter to each Insured and, if such Employee is an Employee of an Insured Investment Company,
to the Securities and Exchange Commission, in all cases not less than sixty (60) days prior to the effective date of termination
specified in such notice.

SECTION 14. RIGHTS
AFTER TERMINATION

At any time prior to the effective
date of termination of this Bond as to any Insured, such Insured may, by written notice to the Underwriter, elect to purchase the
right under this Bond to an additional period of twelve (12) months within which to discover loss sustained by such Insured prior
to the effective date of such termination and shall pay an additional premium therefor as the Underwriter may require.

Such additional discovery period shall
terminate immediately and without notice upon the takeover of such Insured’s business by any State or Federal official or
agency, or by any receiver or liquidator. Promptly after such termination the Underwriter shall refund to the Insured any unearned
premium.

The right to purchase such additional
discovery period may not be exercised by any State or Federal official or agency, or by any receiver or liquidator, acting or appointed
to take over the Insured’s business.

SECTION 15. CENTRAL
HANDLING OF SECURITIES

The Underwriter shall not be liable
for loss in connection with the central handling of securities within the systems established and maintained by any Depository
(“Systems”), unless the amount of such loss exceeds the amount recoverable or recovered under any bond or policy or
participants’ fund insuring the Depository against such loss (the “Depository’s Recovery”); in such case
the Underwriter shall be liable hereunder only for the Insured’s share of such excess loss, subject to the applicable Limit
of Liability, the Deductible Amount and the other terms of this Bond.

For determining the Insured’s
share of such excess loss, (1) the Insured shall be deemed to have an interest in any certificate representing any security included
within the Systems equivalent to the interest the Insured then has in all certificates representing the same security included
within the Systems; (2) the Depository shall have reasonably and fairly apportioned the Depository’s Recovery among all those
having an interest as recorded by appropriate entries in the books and records of the Depository in Property involved in such loss,
so that each such interest shall share in the Depository’s Recovery in the ratio that the value of each such interest bears
to the total value of all such interests; and (3) the Insured’s share of such excess loss shall be the amount of the Insured’s
interest in such Property in excess of the amount(s) so apportioned to the Insured by the Depository.

This Bond does not afford coverage
in favor of any Depository or Exchange or any nominee in whose name is registered any security included within the Systems.

SECTION 16. ADDITIONAL
COMPANIES INCLUDED AS INSURED

If more than one entity is named as
the Insured:

A. the total liability of the Underwriter hereunder for each Single Loss shall not exceed the Limit
of Liability which would be applicable if there were only one named Insured, regardless of the number of Insured entities which
sustain loss as a result of such Single Loss,

B. the Insured first named in Item 1 of the Declarations shall be deemed authorized to make, adjust,
and settle, and receive and enforce payment of, all claims hereunder as the agent of each other Insured for such purposes and for
the giving or receiving of any notice required or permitted to be given hereunder; provided, that the Underwriter shall promptly
furnish each named Insured Investment Company with (1) a copy of this Bond and any amendments thereto, (2) a copy of each formal
filing of a claim hereunder by any other Insured, and (3) notification of the terms of the settlement of each such claim prior
to the execution of such settlement,

C. the Underwriter shall not be responsible or have any liability for the proper application by the
Insured first named in Item 1 of the Declarations of any payment made hereunder to the first named Insured,

D. for the purposes of Sections 4 and 13, knowledge possessed or discovery made by any partner, officer
or supervisory Employee of any Insured shall constitute knowledge or discovery by every named Insured,

E. if the first named Insured ceases for any reason to be covered under this Bond, then the Insured
next named shall thereafter be considered as the first named Insured for the purposes of this Bond, and

F. each named Insured shall constitute “the Insured” for all purposes of this Bond.

SECTION 17. NOTICE
AND CHANGE OF CONTROL

Within thirty (30) days after learning
that there has been a change in control of an Insured by transfer of its outstanding voting securities the Insured shall give written
notice to the Underwriter of:

A. the names of the transferors and transferees (or the names of the beneficial owners if the voting
securities are registered in another name), and

B. the total number of voting securities owned by the transferors and the transferees (or the beneficial
owners), both immediately before and after the transfer, and

C. the total number of outstanding voting securities.

As used in this Section, “control”
means the power to exercise a controlling influence over the management or policies of the Insured.

SECTION 18. CHANGE
OR MODIFICATION

This Bond may only be modified by
written Rider forming a part hereof over the signature of the Underwriter’s authorized representative. Any Rider which modifies
the coverage provided by Insuring Agreement A, Fidelity, in a manner which adversely affects the rights of an Insured Investment
Company shall not become effective until at least sixty (60) days after the Underwriter has given written notice thereof to the
Securities and Exchange Commission, Washington, D.C., and to each Insured Investment Company affected thereby.

SECTION 19. COMPLIANCE
WITH APPLICABLE TRADE AND ECONOMIC SANCTIONS

This Bond shall not be deemed to provide
any coverage, and the Underwriter shall not be required to pay any loss or provide any benefit hereunder, to the extent that the
provision of such coverage, payment of such loss or provision of such benefit would cause the Underwriter to be in violation of
any applicable trade or economic sanctions, laws or regulations, including, but not limited to, any sanctions, laws or regulations
administered and enforced by the U.S. Department of Treasury Office of Foreign Assets Control (OFAC).

SECTION 20. ANTI-BUNDLING

If any Insuring Agreement requires
that an enumerated type of document be Counterfeit, or contain a Forgery or Alteration, the Counterfeit, Forgery, or Alteration
must be on or of the enumerated document itself, not on or of some other document submitted with, accompanying or incorporated
by reference into the enumerated document.

IN WITNESS WHEREOF, the Underwriter has caused
this Bond to be executed on the Declarations Page.

ICI MUTUAL INSURANCE COMPANY,

a Risk Retention Group

INVESTMENT COMPANY BLANKET BOND

RIDER NO. 1

INSURED BOND NUMBER
AMCAP Fund 87111119B
EFFECTIVE DATE BOND PERIOD AUTHORIZED REPRESENTATIVE
December 19, 2019 December 19, 2019 to December 19, 2020 /S/ Maggie Sullivan

In consideration of the premium charged for
this Bond, it is hereby understood and agreed that Item 1 of the Declarations, Name of Insured, shall include the following:

(1) any Investment Company (or portfolio thereof) existing as of the Effective Date of this policy
that is advised, distributed, or administered by The Capital Group Companies Inc. (“Capital Group”) or any Existing
Subsidiary and which Capital Group has made a good faith effort to identify as a proposed Insured in the Application or any attachments
thereto;

(2) any Investment Company (or portfolio thereof) newly-created after the Effective Date of this policy
that is advised, distributed, or administered by Capital Group or any Existing Subsidiary; et

(3) any Inactive Investment Company (or portfolio thereof).

It is further understood and agreed that notwithstanding
the foregoing, and regardless of how many times this Bond (or this rider) may hereafter be renewed, an Inactive Investment Company
shall automatically cease to be an Insured eight years following its Inactive Date.

It is further understood and agreed that:

(a) “Existing Subsidiary,” as used in this rider, shall mean any entity wholly-owned (directly
or indirectly) by The Capital Group Companies Inc. as of the Effective Date of this policy which The Capital Group Companies Inc.
has made a good faith effort to identify in the Application or any attachment thereto; et

(b) “Inactive Investment Company” shall mean any Investment Company (or portfolio thereof)
(1) that has no active operations of its own, either by reason of previously (i) having had substantially all of its assets acquired
by an Investment Company that is an Insured, (ii) having been merged into another Investment Company that is an Insured, or (iii)
having been liquidated; et (2) that was an Insured under any prior Investment Company Blanket Bond issued by the Insurer
to Capital Group or any Existing Subsidiary under which bond such Investment Company was an Insured.

(c) “Inactive Date” as regards an Inactive Investment Company is the Date that such Inactive
Investment Company ceased operations by reason of subpart (1)(i), (ii), or (iii) of the definition of “Inactive Investment
Company”;

Except
as above stated, nothing herein shall be held to alter, waive or extend any of the terms of this Bond.

Text Box: RNV0001.0-00-111 (01|02)

ICI MUTUAL INSURANCE COMPANY,

a Risk Retention Group

INVESTMENT COMPANY BLANKET BOND

RIDER NO. 2

INSURED BOND NUMBER
AMCAP Fund 87111119B
EFFECTIVE DATE BOND PERIOD AUTHORIZED REPRESENTATIVE
December 19, 2019 December 19, 2019 to December 19, 2020 /S/ Maggie Sullivan

In consideration of the premium charged for
this Bond, it is hereby understood and agreed that notwithstanding Section 2.Q of this Bond, this Bond is amended by adding an
additional Insuring Agreement J as follows:

J.       COMPUTER
SECURITY

Loss (including loss of Property) resulting
directly from Computer Fraud; provided, that the Insured has adopted in writing and generally maintains and follows during
the Bond Period all Computer Security Procedures. The isolated failure of the Insured to maintain and follow a particular Computer
Security Procedure in a particular instance will not preclude coverage under this Insuring Agreement, subject to the specific exclusions
herein and in the Bond.

1. Definitions. The following terms used in this Insuring Agreement shall have the following
meanings:

a. “Authorized User” means any person or entity designated by the Insured (through contract,
assignment of User Identification, or otherwise) as authorized to use a Covered Computer System, or any part thereof. An individual
who invests in an Insured Fund shall not be considered to be an Authorized User solely by virtue of being an investor.

b. “Computer Fraud” means the unauthorized entry of data into, or the deletion or destruction
of data in, or change of data elements or programs within, a Covered Computer System which:

(1) is committed by any Unauthorized Third Party anywhere, alone or in collusion with other Unauthorized
Third Parties; et

(2) is committed with the conscious manifest intent (a) to cause the Insured to sustain a loss, et
(b) to obtain financial benefit for the perpetrator or any other person; et

(3) causes (x) Property to be transferred, paid or delivered; or (y) an account of the Insured,
or of its customer, to be added, deleted, debited or credited; or (z) an unauthorized or fictitious account to be debited
or credited.

c. “Computer Security Procedures” means procedures for prevention of unauthorized computer
access and use and administration of computer access and use as provided in writing to the Underwriter.

d. “Covered Computer System” means any Computer System as to which the Insured has possession,
custody and control.

e. “Unauthorized Third Party” means any person or entity that, at the time of the Computer
Fraud, is not an Authorized User.

f. “User Identification” means any unique user name (i.e., a series of characters)
that is assigned to a person or entity by the Insured.

2. Exclusions. It is further understood and agreed that this Insuring Agreement J shall not
cover:

a. Any loss covered under Insuring Agreement A, “Fidelity,” of this Bond; et

b. Any loss resulting from the intentional failure to adhere to one or more Computer Security Procedures;
et

c. Any loss resulting from a Computer Fraud committed by or in collusion with:

(1) any Authorized User (whether a natural person or an entity); or

(2) in the case of any Authorized User which is an entity, (a) any director,
officer, partner, employee or agent of such Authorized User, or (b) any entity which controls, is controlled by, or is under common
control with such Authorized User (“Related Entity”), or (c) any director, officer, partner, employee or agent of such
Related Entity; or

(3) in the case of any Authorized User who is a natural person, (a) any entity
for which such Authorized User is a director, officer, partner, employee or agent (“Employer Entity”), or (b) any director,
officer, partner, employee or agent of such Employer Entity, or (c) any entity which controls, is controlled by, or is under common
control with such Employer Entity (“Employer-Related Entity”), or (d) any director, officer, partner, employee or agent
of such Employer-Related Entity;

et

d. Any loss resulting from physical damage to or destruction of any Covered Computer System, or any
part thereof, or any data, data elements or media associated therewith; et

e. Any loss not directly and proximately caused by Computer Fraud (including, without limitation,
disruption of business and extra expense); et

f. Payments made to any person(s) who has threatened to deny or has denied authorized access to a
Covered Computer System or otherwise has threatened to disrupt the business of the Insured.

For purposes of this Insuring Agreement, “Single
Loss,” as defined in Section 1.EE of this Bond, shall also include all loss caused by Computer Fraud(s) committed by one
person, or in which one person is implicated, whether or not that person is specifically identified. A series of losses involving
unidentified individuals, but arising from the same method of operation, may be deemed by the Underwriter to involve the same individual
and in that event shall be treated as a Single Loss.

It is further understood and agreed that nothing
in this Rider shall affect the exclusion set forth in Section 2.O of this Bond.

Coverage under this Insuring Agreement shall
terminate upon termination of this Bond. Coverage under this Insuring Agreement may also be terminated without terminating this
Bond as an entirety:

(a) by written notice from the Underwriter not less than sixty (60) days prior to the effective date
of termination specified in such notice; or

(b) immediately by written notice from the Insured to the Underwriter.

Except
as above stated, nothing herein shall be held to alter, waive or extend any of the terms of this Bond.

Text Box: RN0019.1-00 (07|18) nb

ICI MUTUAL INSURANCE COMPANY,

a Risk Retention Group

INVESTMENT COMPANY BLANKET BOND

RIDER NO. 3

INSURED BOND NUMBER
AMCAP Fund 87111119B
EFFECTIVE DATE BOND PERIOD AUTHORIZED REPRESENTATIVE
December 19, 2019 December 19, 2019 to December 19, 2020 /S/ Maggie Sullivan

In consideration of the premium charged for
this Bond, it is hereby understood and agreed that this Bond does not cover any loss resulting from or in connection with the acceptance
of any Third Party Check, unless

(1) such Third Party Check is used to open or increase an account which is registered
in the name of one or more of the payees on such Third Party Check, and

(2) reasonable efforts are made by the Insured, or by the entity receiving Third
Party Checks on behalf of the Insured, to verify all endorsements on all Third Party Checks made payable in amounts greater than
$100,000 (provided, however, that the isolated failure to make such efforts in a particular instance will not preclude coverage,
subject to the exclusions herein and in the Bond),

and then only to
the extent such loss is otherwise covered under this Bond.

For purposes of this Rider, “Third Party
Check” means a check made payable to one or more parties and offered as payment to one or more other parties.

It is further understood and agreed that notwithstanding
anything to the contrary above or elsewhere in the Bond, this Bond does not cover any loss resulting from or in connection with
the acceptance of a Third Party Check where:

(1) any payee on such Third Party Check reasonably appears to be a corporation
or other entity; or

(2) such Third Party Check is made payable in an amount greater than $100,000
and does not include the purported endorsements of all payees on such Third Party Check.

It is further understood and agreed that this
Rider shall not apply with respect to any coverage that may be available under Insuring Agreement A, “Fidelity.”

Except
as above stated, nothing herein shall be held to alter, waive or extend any of the terms of this Bond.

Text Box: RN0030.0-01 (01|02) sp

ICI MUTUAL INSURANCE COMPANY,

a Risk Retention Group

INVESTMENT COMPANY BLANKET BOND

RIDER NO. 4

INSURED BOND NUMBER
AMCAP Fund 87111119B
EFFECTIVE DATE BOND PERIOD AUTHORIZED REPRESENTATIVE
December 19, 2019 December 19, 2019 to December 19, 2020 /S/ Maggie Sullivan

In consideration for the premium charged for
this Bond, it is hereby understood and agreed that notwithstanding anything to the contrary in this Bond (including Insuring Agreement
I), this Bond does not cover any loss resulting from any On-Line Redemption(s) or On-Line Purchase(s) involving an aggregate amount
in excess of Two Million Five Hundred Thousand Dollars ($2,500,000) per shareholder account per day, unless before such redemption(s)
or purchase(s), in a procedure initiated by the Insured or by the entity receiving the request for such On-Line Redemption(s) or
On-Line Purchase(s):

(a) the Shareholder of Record verifies, by some method other than an Electronic Transmission effected
over the Internet, that each such redemption or purchase has been authorized, and

(b) if such redemption or purchase is to be effected by wire to or from a particular bank account,
a duly authorized employee of the bank verifies the account number to or from which funds are being transferred, and that the name
on the account is the same as the name of the intended recipient of the proceeds.

It is further understood and agreed that, notwithstanding
the Limit of Liability set forth herein or any other provision of this Bond, the Limit of Liability with respect to any Single
Loss caused by an On-Line Transaction shall be One Hundred Million Dollars ($100,000,000) and the Deductible Amount applicable
to any such Single Loss is Two Hundred and Fifty Thousand Dollars ($250,000).

It is further understood and agreed that, notwithstanding
Section 8, Non-Reduction and Non-Accumulation of Liability and Total Liability, or any other provision of this Bond, the Aggregate
Limit of Liability of the Underwriter under this Bond with respect to any and all loss or losses caused by On-Line Transactions
shall be an aggregate of One Hundred Million Dollars ($100,000,000) for the Bond Period, irrespective of the total amount of such
loss or losses.

For purposes of this Rider, the following terms
shall have the following meanings:

“On-Line Purchase” means any purchase
of shares issued by an Investment Company, which purchase is requested through an Electronic Transmission over the Internet.

“On-Line Redemption” means any
redemption of shares issued by an Investment Company, which redemption is requested through an Electronic Transmission over the
Internet.

“On-Line Transaction” means any
Phone/Electronic Transaction requested through an Electronic Transmission over the Internet.

Except
as above stated, nothing herein shall be held to alter, waive or extend any of the terms of this Bond.

Text Box: RNV0038.1-00-111 (12|17)


ICI MUTUAL INSURANCE COMPANY,

a Risk Retention Group

INVESTMENT COMPANY BLANKET BOND

RIDER NO. 5

INSURED BOND NUMBER
AMCAP Fund 87111119B
EFFECTIVE DATE BOND PERIOD AUTHORIZED REPRESENTATIVE
December 19, 2019 December 19, 2019 to December 19, 2020 /S/ Maggie Sullivan

In consideration for the premium charged for
this Bond, it is hereby understood and agreed that, with respect to Insuring Agreement I only, the Deductible Amount set forth
in Item 3 of the Declarations (“Phone/Electronic Deductible”) shall not apply with respect to a Single Loss, otherwise
covered by Insuring Agreement I, caused by:

(1) a Phone/Electronic Redemption requested to be paid or made payable by check
to the Shareholder of Record and sent to an Authorized Address; or

(2) a Phone/Electronic Redemption requested to be paid or made payable by wire
transfer to the Shareholder of Record at an Authorized Bank Account,

provided, that the Limit of Liability
for a Single Loss as described in (a) or (b) above shall be the lesser of 80% of such loss or $80,000 and that the Insured shall
bear the remainder of each such Loss. This Rider shall not apply if the application of the Phone/Electronic Deductible to the Single
Loss would result in coverage of greater than $80,000; in such case the Phone/Electronic Deductible and Limit of Liability set
forth in Item 3 of the Declarations shall control.

For purposes of this Rider, “Phone/Electronic
Redemption” means any redemption of shares issued by an Investment Company, which redemption is requested (a) by voice over
the telephone, (b) through an automated telephone tone or voice response system, (c) by Telefacsimile, or (d) by transmission over
the Internet.

Except
as above stated, nothing herein shall be held to alter, waive or extend any of the terms of this Bond.

Text Box: RN0039.0-02 (06|18) nb

ICI MUTUAL INSURANCE COMPANY,

a Risk Retention Group

INVESTMENT COMPANY BLANKET BOND

RIDER NO. 6

INSURED BOND NUMBER
AMCAP Fund 87111119B
EFFECTIVE DATE BOND PERIOD AUTHORIZED REPRESENTATIVE
December 19, 2019 December 19, 2019 to December 19, 2020 /S/ Maggie Sullivan

In consideration of the premium charged for
this Bond, it is hereby understood and agreed that the Insuring Agreement G. COUNTERFEIT CURRENCY of this Bond is amended to read
as follows:

“Loss
caused by the Insured in good faith having received or accepted (1) any money orders which prove to be Counterfeit or to contain
an Alteration or (2) paper currencies or coin of any country which prove to be Counterfeit.

This Insuring
Agreement does not cover loss covered under Insuring Agreement A.”

Except
as above stated, nothing herein shall be held to alter, waive or extend any of the terms of this Bond.

RNM0003.0-01-111 (12/02)

ICI MUTUAL INSURANCE COMPANY,

a Risk Retention Group

INVESTMENT COMPANY BLANKET BOND

RIDER NO. 7e

INSURED BOND NUMBER
AMCAP Fund 87111119B
EFFECTIVE DATE BOND PERIOD AUTHORIZED REPRESENTATIVE
December 19, 2019 December 19, 2019 to December 19, 2020 /S/ Maggie Sullivan

In consideration of the premium charged for
this Bond, it is hereby understood and agreed that Section 5 of this Bond is amended to read as follows:

“Discovery
occurs when the Management Committee, the Risk and Insurance Manager, the Chief Compliance Officer, or the Head of the Legal Department
of The Capital Group Companies, Inc. or any Chief Compliance Officer of an Insured (each, a “Designated Person”) becomes
aware of facts which would cause a reasonable person to assume that a loss of over $250,000 (Two Hundred Fifty Thousand Dollars)
covered by the Bond has been or is likely to be incurred, regardless of when the act causing or contributing to such loss occurred,
even though the exact amount of details of loss may not then be known. Notice to any Designated Person of an actual or potential
claim of over $250,000 (Two Hundred Fifty Thousand Dollars) by a third party which alleges that the Insured is liable under circumstances
which, if true, would create a loss of over $250,000 (Two Hundred Fifty Thousand Dollars) under this Bond, constitutes such discovery.”

Except
as above stated, nothing herein shall be held to alter, waive or extend any of the terms of this Bond.

RNM002.0-02-111
(11/02)

ICI MUTUAL INSURANCE COMPANY,

a Risk Retention Group

INVESTMENT COMPANY BLANKET BOND

RIDER NO. 8

INSURED BOND NUMBER
AMCAP Fund 87111119B
EFFECTIVE DATE BOND PERIOD AUTHORIZED REPRESENTATIVE
December 19, 2019 December 19, 2019 to December 19, 2020 /S/ Maggie Sullivan

In consideration of the premium charged for
this Bond, it is hereby understood and agreed that the last sentence of the fifth paragraph of Section 13. Termination shall be
deleted in its entirety and replaced with the following:

The Insured, within sixty (60) business
days of such detection by the Management Committee, the Risk and Insurance Manager, the Chief Compliance Officer, or the Head of
the Legal Department of The Capital Group Companies, Inc. or any Chief Compliance Officer of an Insured, shall notify the Underwriter
with full and complete particulars of the detected Dishonest or Fraudulent Act(s).

Nothing herein contained shall be held to vary, alter, waive or extend any of the terms, conditions, provisions,
agreements or limitations of this Bond other than as above stated.

ICI MUTUAL INSURANCE COMPANY,

a Risk Retention Group

INVESTMENT COMPANY BLANKET BOND

RIDER NO. 9

INSURED BOND NUMBER
AMCAP Fund 87111119B
EFFECTIVE DATE BOND PERIOD AUTHORIZED REPRESENTATIVE
December 19, 2019 December 19, 2019 to December 19, 2020 /S/ Maggie Sullivan

Most property and casualty insurers, including
ICI Mutual Insurance Company, a Risk Retention Group (“ICI Mutual”), are subject to the requirements of the Terrorism
Risk Insurance Act of 2002, as amended (the “Act”). The Act establishes a federal insurance backstop under which ICI
Mutual and these other insurers may be partially reimbursed by the United States Government for future “insured losses”
resulting from certified “acts of terrorism.” (Each of these bolded terms is defined by the Act.) The
Act also places certain disclosure and other obligations on ICI Mutual and these other insurers.

Pursuant to the Act, any future losses to ICI
Mutual caused by certified “acts of terrorism” may be partially reimbursed by the United Sates government under
a formula established by the Act. Under this formula, the United States government would generally reimburse ICI Mutual for the
Federal Share of Compensation of ICI Mutual’s “insured losses” in excess of ICI Mutual’s “insurer
deductible”
until total “insured losses” of all participating insurers reach $100 billion (the “Cap
on Annual Liability”). If total “insured losses” of all property and casualty insurers reach the Cap on
Annual Liability in any one calendar year, the Act limits U.S. Government reimbursement and provides that the insurers will not
be liable under their policies for their portions of such losses that exceed such amount. Amounts otherwise payable under this
Bond may be reduced as a result.

This Bond has no express exclusion for “acts
of terrorism.”
However, coverage under this Bond remains subject to all applicable terms, conditions, and limitations
of the Bond (including exclusions) that are permissible under the Act.

The portion of the premium that is attributable
to any coverage potentially available under the Bond for “acts of terrorism” is one percent (1%) and does not
include any charges for the portion of loss that may be covered by the U.S. Government under the Act

As used herein, “Federal Share of Compensation”
shall mean 85% in calendar year 2015 and shall be reduced by 1% per calendar year until equal to 80%.

Except as above stated, nothing herein shall be held to alter, waive or extend any of the terms of this Bond.

ICI MUTUAL INSURANCE COMPANY,

a Risk Retention Group

INVESTMENT COMPANY BLANKET BOND

RIDER NO. 10e

INSURED BOND NUMBER
AMCAP Fund 87111119B
EFFECTIVE DATE BOND PERIOD AUTHORIZED REPRESENTATIVE
December 19, 2019 December 19, 2019 to December 19, 2020 /S/ Maggie Sullivan

In consideration of the premium charged for
this Bond, it is hereby understood and agreed that the Underwriter shall use its best efforts to enter into an agreement with each
Facultative Reinsurer on this Bond, regarding the Insureds’ rights against such Facultative Reinsurer (“Cut Through
Agreement”), in substantially the form(s) previously reviewed and agreed to by the Insureds.

It is further understood and agreed that as
used in this rider, “Facultative Reinsurer” means any entity providing reinsurance for this Bond to the Underwriter
on a facultative basis (and always excluding any entity providing reinsurance for this Bond to the Underwriter pursuant to treaty).

Nothing herein contained shall be held to vary, alter, waive or extend any of the terms, conditions, provisions,
agreements or limitations of this Bond other than as above stated.

ICI MUTUAL INSURANCE COMPANY,

a Risk Retention Group

INVESTMENT COMPANY BLANKET BOND

RIDER NO. 11

INSURED BOND NUMBER
AMCAP Fund 87111119B
EFFECTIVE DATE BOND PERIOD AUTHORIZED REPRESENTATIVE
December 19, 2019 December 19, 2019 to December 19, 2020 /S/ Maggie Sullivan

In consideration of the premium charged for
this Bond, it is hereby understood and agreed that notwithstanding anything to the contrary in Item 3 of the Declarations (“Limit
of Liability”), Section 9 (“Non-Reduction and Non-Accumulation of Liability and Total Liability”), Section 10
(“Maximum Liability of Underwriter; Other Bonds or Policies”), Section 12 (“Deductible Amount”), or elsewhere
in this Bond, the maximum liability of the Underwriter for any Single Loss covered by Insuring Agreement A (“Fidelity”)
of this Bond shall be One Hundred Million Dollars ($100,000,000) (“$100 Million Fidelity Sublimit”); provided, however,
that:

1. If it is determined that application of the $100 Million Fidelity Sublimit to such a Single Loss
would result in the share of the recovery due to be received under the Bond by any Insured Fund being less than the minimum dollar
amount dictated for such Insured Fund under Rule 17g-1(d) of the Investment Company Act of 1940 (“Minimum 17g-1 Dollar Amount”),
then the maximum liability of the Underwriter shall be adjusted upwards by such dollar amount (up to a maximum increase of Ten
Million Dollars ($10,000,000)) as may be necessary to ensure that such Insured Fund receives such Minimum 17g-1 Dollar Amount (“Adjustment
of the $100 Million Fidelity Sublimit”); et

2. Regardless of any Adjustment of the $100 Million Fidelity Sublimit, in no event shall the maximum
liability of the Underwriter for such a Single Loss exceed the Limit of Liability for Insuring Agreement A set forth in Item 3
of the Declarations.

It is further understood and agreed that, notwithstanding
anything to the contrary in subpart (1) above, if the $100 Million Fidelity Sublimit equals or exceeds the sum of the respective
Minimum 17g-1 Dollar Amounts for the Insured Funds that have sustained portions of such Single Loss, then there shall be no Adjustment
of the $100 Million Fidelity Sublimit, regardless of whether (1) the portion of the Single Loss sustained by any Insured Fund exceeds
its Minimum 17g-1 Dollar Amount, (2) the portions of the Single Loss sustained by Insured Funds are disproportionate to one another,
or (3) any Insured that is not an Insured Fund has sustained a portion of the Single Loss.

Except as above stated, nothing herein shall be held to alter, waive or extend any of the terms of this Bond.

ICI MUTUAL INSURANCE COMPANY,

a Risk Retention Group

INVESTMENT COMPANY BLANKET BOND

RIDER NO. 12

INSURED BOND NUMBER
AMCAP Fund 87111119B
EFFECTIVE DATE BOND PERIOD AUTHORIZED REPRESENTATIVE
December 19, 2019 December 19, 2019 to December 19, 2020 /S/ Maggie Sullivan

In the event that one or more Insureds under
this Bond and one or more Insureds under ICI Mutual Investment Company Blanket Bond No. 87111219B (“Associated Bond”
and, together with this Bond, the “ICI Mutual Bonds”) sustain losses that would constitute a Single Loss (assuming,
for this purpose, that the ICI Mutual Bonds were deemed to be a single bond), the total liability of the Underwriter for such losses
under the ICI Mutual Bonds in combination shall in no event exceed the highest of the applicable Limits of Liability for the relevant
Insuring Agreement as established under the ICI Mutual Bonds. In no event shall the applicable Limit of Liability of each of the
ICI Mutual Bonds be added together or otherwise combined to determine the total liability of the Underwriter.

By way of example, if (1) one or more Insureds
were to sustain losses covered under Insuring Agreement A (Fidelity) of this Bond and one or more Insureds under the Associated
Bond were to sustain losses covered under Insuring Agreement A (Fidelity) of the Associated Bond, and (2) such losses were caused
by one or more Dishonest or Fraudulent Acts committed by the same person, then the total liability of the Underwriter for such
losses could in no event exceed One Hundred Million Dollars ($100,000,000), regardless of the total amount of such losses or how
such losses are allocable as between this Bond and the Associated Bond. The foregoing example is included solely for convenience,
and shall not itself be deemed to be a term or condition of coverage.

Except
as above stated, nothing herein shall be held to alter, waive or extend any of the terms of this Bond.

ICI MUTUAL INSURANCE COMPANY,

a Risk Retention Group

INVESTMENT COMPANY BLANKET BOND

RIDER NO. 13

INSURED BOND NUMBER
AMCAP Fund 87111119B
EFFECTIVE DATE BOND PERIOD AUTHORIZED REPRESENTATIVE
December 19, 2019 December 19, 2019 to December 19, 2020 /S/ Maggie Sullivan

SOCIAL ENGINEERING FRAUD

In consideration of the premium charged for
this Bond, it is hereby understood and agreed that this Bond is amended by adding an additional Insuring Agreement M, as follows:

M.       Social
Engineering Fraud

Loss resulting directly from the Insured, in
good faith, transferring, paying, or delivering money from its own account as a direct result of a Social Engineering Fraud;

PROVIDED, that the entity receiving such request
generally maintains and follows during the Bond Period all Social Engineering Security Procedures.

The Limit of Liability for a Single Loss under
this Insuring Agreement M shall be the lesser of (a) 50% of the amount by which such Single Loss exceeds the Deductible Amount
or (b) $1,000,000 (One Million Dollars), and the Insured shall bear the remainder of any such Single Loss. The Deductible Amount
for this Insuring Agreement M is $250,000 (Two Hundred Fifty Thousand Dollars).

Notwithstanding any other provision of this
Bond, the aggregate Limit of Liability under this Bond with respect to any and all loss or losses under this Insuring Agreement
M shall be $1,000,000 (One Million Dollars) for the Bond Period, irrespective of the total amount of such loss or losses.

This Insuring Agreement M does not cover loss
covered under any other Insuring Agreement of this Bond.

It is further understood and agreed that for
purposes of this rider:

1. “Communication” means an instruction that (a) directs an Employee to transfer, pay,
or deliver money from the Insured’s own account, (b) contains a material misrepresentation of fact, and (c) is relied upon
by the Employee, believing it to be true.

2. “Social Engineering Fraud” means the intentional misleading of an Employee through
the use of a Communication, where such Communication:
(a) is transmitted to the Employee in writing, by voice over the telephone, or by Electronic Transmission;

(b) is made by an individual who purports to be (i) an Employee who is duly authorized by the Insured
to instruct another Employee to transfer, pay or deliver money, or (ii) an officer or employee of a Vendor who is duly authorized
by the Insured to instruct an Employee to transfer, pay or deliver money; et

(c) is unauthorized, dishonest or fraudulent and is made with the manifest intent to deceive.

3. “Social Engineering Security Procedures” means security procedures intended to prevent
Social Engineering Fraud as set forth in the Application and/or as otherwise provided in writing to the Underwriter.

4. “Vendor” means any entity or individual that provides goods or services to the Insured
under a pre-existing, written agreement.

Except
as above stated, nothing herein shall be held to alter, waive or extend any of the terms of this Bond.

ICI MUTUAL INSURANCE COMPANY,

a Risk Retention Group

INVESTMENT COMPANY BLANKET BOND

RIDER NO. 14

INSURED BOND NUMBER
AMCAP Fund 87111119B
EFFECTIVE DATE BOND PERIOD AUTHORIZED REPRESENTATIVE
December 19, 2019 December 19, 2019 to December 19, 2020 /S/ Maggie Sullivan

VETTED VENDOR CYBER THEFT

In consideration of the premium charged for
this Bond, it is hereby understood and agreed that this Bond is amended by adding an additional Insuring Agreement X, as follows:

X.       Vetted
Vendor Cyber Theft

Loss of Property in the form of money only
(and always excluding any loss of any Property other than money, or any other loss) resulting directly from a Vetted Vendor Cyber
Theft;

PROVIDED, that the Insured generally maintains
and follows during the Bond Period all Vetted Vendor Security Procedures.

It is further understood and agreed that:

(1) The Deductible Amount for this Insuring Agreement X is $250,000 (Two Hundred Fifty Thousand Dollars);

(2) The Limit of Liability for a Single Loss under this Insuring Agreement X is $5,000,000 (Five Million
Dollars); et

(3) Notwithstanding any other provision of this Bond, the aggregate Limit of Liability under this Bond
with respect to any and all loss or losses under this Insuring Agreement X shall be $5,000,000 (Five Million Dollars) for the Bond
Period, irrespective of the total amount of such loss or losses.

It is further understood and agreed
that notwithstanding anything to the contrary in Section 3 (“Assignment of Rights”), Section 8 (“Salvage”)
or elsewhere in this Bond, the Underwriter shall have no obligation to indemnify the Insured for any loss otherwise covered by
this Insuring Agreement X unless and until the Insured has, at the request of the Insurer, taken all appropriate steps (including,
without limitation, prosecution of litigation) to recover the loss from the Vetted Vendor who committed (or whose employee or
agent committed) the Vetted Vendor Cyber Theft. In the event of a recovery, the amount of the loss for which indemnification may
be available under this Insuring Agreement X shall be reduced by the amount of such recovery. The Insured shall not settle any
such claim for recovery against the Vetted Vendor (or its employee or agent) without the Underwriter’s consent, which consent
shall not be unreasonably withheld.

This Insuring Agreement X does not cover loss
covered under any other Insuring Agreement of this Bond.

It is further understood and agreed that for
purposes of this rider:

1. “Covered Computer System” means any Computer System as to which the Insured has possession,
custody and control.

2. “Vendor” means any entity or individual that provides goods or services to the Insured
under a pre-existing, written agreement.

3. “Vetted Vendor” means any Vendor (i) that has been identified as a “Tier 1”
or “Tier 2” Vendor pursuant to the Insured’s “Vendor Risk Assessment Program,” and (ii) whose name
has been provided to, and accepted by, the Underwriter on a list annually.

4. “Vetted Vendor Cyber Theft” means a theft that is committed by a Vetted Vendor (or
any employee or agent thereof) and that is effected through the entry of data into, or deletion or destruction of data in, or change
of data elements or programs within, a Covered Computer System.

5. “Vetted Vendor Security Procedures” means security procedures intended to prevent Vetted
Vendor Cyber Theft and established in connection with the Insured’s “Vendor Risk Assessment Program.”

Except
as above stated, nothing herein shall be held to alter, waive or extend any of the terms of this Bond.

ICI MUTUAL INSURANCE COMPANY,

a Risk Retention Group

INVESTMENT COMPANY BLANKET BOND

RIDER NO. 15

INSURED BOND NUMBER
AMCAP Fund 87111119B
EFFECTIVE DATE BOND PERIOD AUTHORIZED REPRESENTATIVE
December 19, 2019 December 19, 2019 to December 19, 2020 /S/ Maggie Sullivan

INDIVIDUAL DESIGNATED AUTHORIZED USER

In consideration of the premium charged for
this Bond, it is hereby understood and agreed that the term “Employee,” as used in Insuring Agreement A (“Fidelity”),
shall be deemed to include an Individual Designated Authorized User, provided, however, that any coverage provided under
Insuring Agreement A for loss caused by any Dishonest or Fraudulent Act committed by any Individual Designated Authorized User
shall be limited solely to Cyber Theft Loss.

It is further understood and agreed that for
purposes of this rider:

  1. “Individual Designated Authorized User” means any natural
    person (a) employed by, or under contract to, Infosys Limited and (b) designated by the Insured (through contract or assignment
    of User Identification) as authorized to use a Covered Computer System, or any part thereof.

  1. “Covered Computer System” means any Computer System
    as to which the Insured has possession, custody and control.

  1. “Cyber Theft Loss” means loss of Property in the form
    of money only (and always excluding any loss of any Property other than money, or any other loss) resulting directly from a Cyber
    Theft.

  1. “Cyber Theft” means theft effected through an Individual
    Designated Authorized User’s entry of data into, or deletion or destruction of data in, or change of data elements or programs
    within, a Covered Computer System.

  1. “User Identification” means any unique user name (i.e.,
    a series of characters) that is assigned to a person or entity by the Insured.

Except as above stated, nothing herein
shall be held to alter, waive or extend any of the terms of this Bond.

ICI MUTUAL INSURANCE COMPANY,

a Risk Retention Group

INVESTMENT COMPANY BLANKET BOND

RIDER NO. 16e

INSURED BOND NUMBER
AMCAP Fund 87111119B
EFFECTIVE DATE BOND PERIOD AUTHORIZED REPRESENTATIVE
December 19, 2019 December 19, 2019 to December 19, 2020 /S/ Maggie Sullivan

FRAUDULENT TRANSACTIONS BACKSTOP (FUNDS-ONLY
BOND)

In consideration of the premium charged for
this Bond, it is hereby understood and agreed that this Bond is amended by adding Insuring Agreement O, as follows:

O.       Fraudulent
Transactions Backstop

Loss resulting directly from a Fund Shareholder
Transaction, where the request for such Fund Shareholder Transaction:

(1) is made by an individual or entity purporting to be a Fund shareholder or an authorized agent of
a Fund shareholder, and

(2) is unauthorized or fraudulent and is made with the manifest intent to deceive;

PROVIDED, that (1) reasonable efforts were
made to ensure that the Fund Shareholder Transaction was requested by the actual Fund shareholder (or authorized agent thereof),
and (2) such loss is not otherwise covered under any other Insuring Agreement of this Bond.

The Limit of Liability for a Single Loss under
this rider is $3,000,000 (Three Million Dollars), and the Deductible Amount is $250,000 (Two Hundred Fifty Thousand Dollars).

Notwithstanding any other provision of this
Bond, the aggregate Limit of Liability with respect to any and all loss or losses under this rider shall be $3,000,000 (Three Million
Dollars) for the Bond Period, irrespective of the total amount of all such loss or losses.

It is further understood and agreed that for
purposes of this rider only, “Fund Shareholder Transaction” shall mean any transfer, payment, redemption, or delivery
of any shares issued by an Investment Company.

Except as above stated, nothing herein shall
be held to alter, waive, or extend any of the terms of this Bond.

CERTIFICATE OF SECRETARY

I, Courtney R. Taylor,
Secretary of American FUNDS Global insight fund, American funds inteRnational vantage fund,
Capital group emerging markets total opportunities fund, Capital Group Private Client Services funds. CAPITAL GROUP U.S. EQUITY
FUND
and EMERGING MARKETS GROWTH FUND, INC. do hereby certify that the following is a true and correct copy of a resolution
adopted at a meeting of the Boards of said entities, duly called and held on December 13, 2019 at which a quorum was present and
voting throughout, and said resolution has not been in anywise amended, annulled, rescinded or revoked, and the same is still in
full force and effect:

WHEREAS, rule
17g-1 under the Investment Company Act of 1940, as amended, provides that the Series/Fund shall maintain a bond issued by a reputable
fidelity insurance company and that a majority of the Board who are not “interested persons” of the Series/Fund shall
approve the reasonableness of the form and amount of the Series’/Fund’s fidelity bond, as often as their fiduciary
duty requires, but not less than once annually and shall also approve the portion of the premium for any joint bond to be paid
by such company; et

WHEREAS, the
Board previously authorized and empowered the officers of the Series/Fund to provide and maintain for the Series/Fund a joint insured
registered investment company bond, consisting of a $100 million bond written by ICI Mutual Insurance Company, which will expire
on December 19, 2019, which bond conforms with the requirements of rule 17g-1 under the Investment Company Act of 1940, as amended,
and protects the Series/Fund and other investment companies served by Capital Research and Management Company or its affiliates
against larceny and embezzlement by their respective officers and employees; et

WHEREAS, the
Board has received and reviewed a memorandum dated November 15, 2019, describing, among other matters, proposed coverage and terms
of a bond and the proposed method of allocating premiums among the joint participants;

NOW, THEREFORE,
BE IT RESOLVED, that the Board authorizes and empowers the officers of the Series/Fund to provide and maintain for the Series/Fund
a joint insured registered investment company bond consisting of a $100 million bond written by ICI Mutual Insurance Company, which
bond conforms with the requirements of rule 17g-1 under the Investment Company Act of 1940, as amended, and protects the Series/Fund,
other registered investment companies served by Capital Research and Management Company or its affiliates and the registered investment
companies managed by Capital Research and Management Company or its affiliates which are no longer in operation; et

FURTHER RESOLVED,
that the Board, including a majority of the Board members who are not interested persons of the Series/Fund or any other insured
under said joint insured bond determine, with due consideration to (1) the value of the aggregate assets of the Series/Fund to
which any covered person may have access, (2) the type and terms of the arrangements made for the custody and safekeeping of such
assets, (3) the nature of securities in the portfolio of the Series/Fund, (4) the number of other parties named as insureds, (5)
the nature of the business activities of such other parties, (6) the method of allocation of the premium among the parties named
as insureds, (7) the extent to which the share of the premium allocated to the Series/Fund is less than the premium the Series/Fund
would have had to pay if it had provided and maintained a single insured bond, and (8) such other matters as they consider relevant,
that the proposed fidelity bond coverage in the aggregate amount of $100 million is in reasonable form and constitutes a reasonable
amount of coverage to protect the Series/Fund against possible larceny or embezzlement by its officers and employees; et

FURTHER RESOLVED,
that each of the officers of the Series/Fund is authorized to enter into a revised agreement with other joint insureds regarding
such coverage, said agreement providing that in the event recovery is received under the bond as a result of a loss sustained,
the Series/Fund shall receive an equitable and proportionate share of the recovery but at least equal to the amount which it would
have received had it provided and maintained a single insured bond with the minimum coverage required by rule 17g-1 under the Investment
Company Act of 1940, as amended; et

FURTHER RESOLVED,
that the Secretary of the Series/Fund is designated, pursuant to rule 17g-1 under the Investment Company Act of 1940, as amended,
as the person who shall make the filings and give the notices required by said rule.

Witness my hand this 21St.
day of February 2020.

/s/Courtney R.
Taylor

Courtney R. Taylor

Secretary

CERTIFICATE OF SECRETARY

I, Jennifer L. Butler,
Secretary of WASHINGTON MUTUAL INVESTORS FUND do hereby certify that the following
is a true and correct copy of a resolution adopted at a meeting of the Board of said entity, duly called and held on December 19,
2019, at which a quorum was present and voting throughout, and said resolution has not been in anywise amended, annulled, rescinded
or revoked, and the same is still in full force and effect:

WHEREAS, rule 17g-1 under the
Investment Company Act of 1940, as amended, provides that the Fund shall maintain a bond issued by a reputable fidelity insurance
company and that a majority of the Board who are not “interested persons” of the Fund shall approve the reasonableness
of the form and amount of the Fund’s fidelity bond, as often as their fiduciary duty requires, but not less than once annually
and shall also approve the portion of the premium for any joint bond to be paid by such company; et

WHEREAS, the Board previously authorized
and empowered the officers of the Fund to provide and maintain for the Fund a joint insured registered investment company bond,
consisting of a $100 million bond written by ICI Mutual Insurance Company, which will expire on December 19, 2019, which bond conforms
with the requirements of rule 17g-1 under the Investment Company Act of 1940, as amended, and protects the Fund and other investment
companies served by Capital Research and Management Company or its affiliates against larceny and embezzlement by their respective
officers and employees; et

WHEREAS, the Board has received
and reviewed a memorandum dated November 15, 2019, describing, among other matters, proposed coverage and terms of a bond and the
proposed method of allocating premiums among the joint participants;

NOW, THEREFORE, BE IT RESOLVED,
that the Board authorizes and empowers the officers of the Fund to provide and maintain for the Fund a joint insured registered
investment company bond consisting of a $100 million bond written by ICI Mutual Insurance Company, which bond conforms with
the requirements of rule 17g-1 under the Investment Company Act of 1940, as amended, and protects the Fund, other registered investment
companies served by Capital Research and Management Company or its affiliates and the registered investment companies managed by
Capital Research and Management Company or its affiliates which are no longer in operation, and all actions taken by any officer
of the Fund heretofore in furtherance of any of the actions authorized by this resolution hereby are expressly ratified, confirmed,
adopted and approved; et

FURTHER RESOLVED, that the Board,
including a majority of the Board members who are not interested persons of the Fund or any other insured under said joint insured
bond determine, with due consideration to (1) the value of the aggregate assets of the Fund to which any covered person may have
access, (2) the type and terms of the arrangements made for the custody and safekeeping of such assets, (3) the nature of securities
in the portfolio of the Fund, (4) the number of other parties named as insureds, (5) the nature of the business activities of such
other parties, (6) the method of allocation of the premium among the parties named as insureds, (7) the extent to which the
share of the premium allocated to the Fund is less than the premium the Fund would have had to pay if it had provided and maintained
a single insured bond, and (8) such other matters as they consider relevant, that the proposed fidelity bond coverage in the aggregate
amount of $100 million is in reasonable form and constitutes a reasonable amount of coverage to protect the Fund against possible
larceny or embezzlement by its officers and employees; et

FURTHER RESOLVED, that each of
the officers of the Fund is authorized to enter into a revised agreement with other joint insureds regarding such coverage, said
agreement providing that in the event recovery is received under the bond as a result of a loss sustained, the Fund shall receive
an equitable and proportionate share of the recovery but at least equal to the amount which it would have received had it provided
and maintained a single insured bond with the minimum coverage required by rule 17g-1 under the Investment Company Act of 1940,
as amended, and all actions taken by any officer of the Fund heretofore in furtherance of any of the actions authorized by this
resolution hereby are expressly ratified, confirmed, adopted and approved; et

FURTHER RESOLVED, that the Secretary
of the Fund is designated, pursuant to rule 17g-1 under the Investment Company Act of 1940, as amended, as the person who shall
make the filings and give the notices required by said rule.

Witness my hand this 20th day of February,
2020.

/s/ Jennifer L.
Butler

Jennifer L. Butler

Secretary

CERTIFICATE OF SECRETARY

I,
Michael W. Stockton, Secretary of AMCAP FuND, AMERICAN FUNDS GLOBAL BALANCED FUND,
AMERICAN MUTUAL FUND, THE INVESTMENT COMPANY OF AMERICA, Capital Income Builder, Capital World Growth and Income Fund, EuroPacific
Growth Fund, The New Economy Fund, New Perspective Fund, New World Fund, Inc., American Balanced Fund, American Funds Developing
World Growth and Income Fund, American Funds Fundamental Investors, The Growth Fund of America, The Income Fund of America, International
Growth and Income Fund, and SMALLCAP World Fund, Inc.
do hereby certify that the following is a true and correct copy of
a resolution adopted at a meeting of the Boards of said entities, duly called and held between December 10 – 12, 2019 at which
a quorum was present and voting throughout, and said resolution has not been in anywise amended, annulled, rescinded or revoked,
and the same is still in full force and effect:

WHEREAS, rule 17g-1 under the Investment
Company Act of 1940, as amended, provides the Fund shall maintain a bond issued by a reputable fidelity insurance company and that
a majority of the Board who are not “interested persons” of the Fund shall approve the reasonableness of the form and
amount of the Fund’s fidelity bond, as often as their fiduciary duty requires, but not less than once annually and shall
also approve the portion of the premium for any joint bond to be paid by such company; et

WHEREAS, the Board previously authorized
and empowered the officers of the Fund to provide and maintain for the Fund a joint insured registered investment company bond,
consisting of a $100 million bond written by ICI Mutual Insurance Company, which will expire on December 19, 2019, which bond conforms
with the requirements of rule 17g-1 under the Investment Company Act of 1940, as amended, and protects the Fund and other investment
companies served by Capital Research and Management Company or its affiliates against larceny and embezzlement by their respective
officers and employees; et

WHEREAS, the Board has received
and reviewed a memorandum dated November 15, 2019, describing, among other matters, proposed coverage and terms of a bond and the
proposed method of allocating premiums among the joint participants;

NOW, THEREFORE, BE IT RESOLVED,
that the Board authorizes and empowers the officers of the Fund to provide and maintain for the Fund a joint insured registered
investment company bond consisting of a $100 million bond written by ICI Mutual Insurance Company, which bond conforms with
the requirements of rule 17g-1 under the Investment Company Act of 1940, as amended, and protects the Fund, other registered investment
companies served by Capital Research and Management Company or its affiliates and the registered investment companies managed by
Capital Research and Management Company or affiliates which are no longer in operation; et

FURTHER RESOLVED, that the Board,
including a majority of the Board members who are not interested persons of the Fund or any other insured under said joint insured
bond determine, with due consideration to (1) the value of the aggregate assets of the Fund to which any covered person may have
access, (2) the type and terms of the arrangements made for the custody and safekeeping of such assets, (3) the nature of securities
in the portfolio of the Fund, (4) the number of other parties named as insureds, (5) the nature of the business activities of such
other parties, (6) the method of allocation of the premium among the parties named as insureds, (7) the extent to which the share
of the premium allocated to the Fund is less than the premium the Fund would have had to pay if it had provided and maintained
a single insured bond, and (8) such other matters as they consider relevant, that the proposed fidelity bond coverage in the aggregate
amount of $100 million is in reasonable form and constitutes a reasonable amount of coverage to protect the Fund against possible
larceny or embezzlement by its officers and employees; et

FURTHER RESOLVED, that each of
the officers of the Fund is authorized to enter into a revised agreement with other joint insureds regarding such coverage, said
agreement providing that in the event recovery is received under the bond as a result of a loss sustained, the Fund shall receive
an equitable and proportionate share of the recovery but at least equal to the amount which it would have received had it provided
and maintained a single insured bond with the minimum coverage required by rule 17g-1 under the Investment Company Act of 1940,
as amended; et

FURTHER RESOLVED, that the Secretary
of the Fund is designated, pursuant to rule 17g-1 under the Investment Company Act of 1940, as amended, as the person who shall
make the filings and give the notices required by said rule.

Witness my hand this 18th day of February,
2020.

/S/ Michael W.
Stockton

Michael W. Stockton

Secretary

CERTIFICATE OF SECRETARY

I, Steven I. Koszalka, Secretary of American
Funds Insurance Series, American Funds Target Date Retirement Series, American Funds Portfolio Series, American Funds College Target
Date Series, American Funds Retirement Income Portfolio Series, Capital Group Central Fund Series (collectively, the “Series”);
American Funds Corporate Bond Fund, American Funds Emerging Markets Bond Fund, The American Funds Income Series, American Funds
Inflation Linked Bond Fund, American Funds U. S. Government Money Market Fund, American Funds Mortgage Fund, American Funds Multi-Sector
Income Fund, American Funds Strategic Bond Fund, American Funds Short-Term Tax-Exempt Bond Fund, American Funds Tax-Exempt Fund
of New York, The American Funds Tax-Exempt Series II, American High-Income Municipal Bond Fund, American High-Income Trust, The
Bond Fund of America, Capital World Bond Fund, Intermediate Bond Fund of America, Limited Term Tax-Exempt Bond Fund of America,
Short-Term Bond Fund of America, and The Tax-Exempt Bond Fund of America (collectively, the “Funds”), do hereby certify
that the following is a true and correct copy of a resolution adopted at a meeting of said entities, duly called and held on December
9, 2019 at which a quorum was present and voting throughout, and said resolution has not been in anywise amended, annulled, rescinded
or revoked, and the same is still in full force and effect:

WHEREAS, rule 17g-1 under the
Investment Company Act of 1940, as amended, provides that the Series/Fund shall maintain a bond issued by a reputable fidelity
insurance company and that a majority of the Board who are not “interested persons” of the Series/Fund shall approve
the reasonableness of the form and amount of the Series’/Fund’s fidelity bond, as often as their fiduciary duty requires,
but not less than once annually and shall also approve the portion of the premium for any joint bond to be paid by such company;
et

WHEREAS, the Board previously authorized
and empowered the officers of the Series/Fund to provide and maintain for the Series/Fund a joint insured registered investment
company bond, consisting of a $100 million bond written by ICI Mutual Insurance Company, which will expire on December 19, 2019,
which bond conforms with the requirements of rule 17g-1 under the Investment Company Act of 1940, as amended, and protects
the Series/Fund and other investment companies served by Capital Research and Management Company or its affiliates against larceny
and embezzlement by their respective officers and employees; et

WHEREAS, the Board has received
and reviewed a memorandum dated November 15, 2019, describing, among other matters, proposed coverage and terms of a bond and the
proposed method of allocating premiums among the joint participants;

NOW, THEREFORE, BE IT RESOLVED,
that the Board authorizes and empowers the officers of the Series/Fund to provide and maintain for the Series/Fund a joint insured
registered investment company bond consisting of a $100 million bond written by ICI Mutual Insurance Company, which bond conforms
with the requirements of rule 17g-1 under the Investment Company Act of 1940, as amended, and protects the Series/Fund, other registered
investment companies served by Capital Research and Management Company or its affiliates and the registered investment companies
managed by Capital Research and Management Company or its affiliates which are no longer in operation; et

FURTHER RESOLVED, that the Board,
including a majority of the Board members who are not interested persons of the Series/Fund or any other insured under said joint
insured bond determine, with due consideration to (1) the value of the aggregate assets of the Series/Fund to which any covered
person may have access, (2) the type and terms of the arrangements made for the custody and safekeeping of such assets, (3) the
nature of securities in the portfolio of the Series/Fund, (4) the number of other parties named as insureds, (5) the nature
of the business activities of such other parties, (6) the method of allocation of the premium among the parties named as insureds,
(7) the extent to which the share of the premium allocated to the Series/Fund is less than the premium the Series/Fund would have
had to pay if it had provided and maintained a single insured bond, and (8) such other matters as they consider relevant, that
the proposed fidelity bond coverage in the aggregate amount of $100 million is in reasonable form and constitutes a reasonable
amount of coverage to protect the Series/Fund against possible larceny or embezzlement by its officers and employees; et

FURTHER RESOLVED, that each of
the officers of the Series/Fund is authorized to enter into a revised agreement with other joint insureds regarding such coverage,
said agreement providing that in the event recovery is received under the bond as a result of a loss sustained, the Series/Fund
shall receive an equitable and proportionate share of the recovery but at least equal to the amount which it would have received
had it provided and maintained a single insured bond with the minimum coverage required by rule 17g-1 under the Investment
Company Act of 1940, as amended; et

FURTHER RESOLVED, that the Secretary
of the Series/Fund is designated, pursuant to rule 17g-1 under the Investment Company Act of 1940, as amended, as the person
who shall make the filings and give the notices required by said rule.

Witness my hand this 18th day of February,
2020.

/S/ Steven I.
Koszalka

Steven
I. Koszalka

Secretary

Fidelity Bond
premium allocation 2019-2020
Fund Year End Gross assets ($MM)
as of fiscal quarter end1.4
Rule 17g-1
minimum coverage2
Premium for
individual policy2
2019-20
allocation factor (%)
2019-20 estimated
premium allocation
per fund3
AFCTD 31-Oct 10,154.4 2,500,000 105,000 1.8% 2,046
AFIS 31-Dec 139,127.0 2,500,000 205,000 3.5% 3,995
AFMF 31-Aug 6,671.3 2,500,000 105,000 1.8% 2,046
AFPS 31-Oct 40,958.7 2,500,000 170,000 2.9% 3,313
AFRIS 31-Oct 2,806.5 1,900,000 105,000 1.8% 2,046
AFTD 31-Oct 137,070.6 2,500,000 205,000 3.5% 3,995
AHIM 31-Jul 8,036.7 2,500,000 105,000 1.8% 2,046
AHIT 30-Sep 16,469.4 2,500,000 105,000 1.8% 2,046
AMBAL 31-Dec 150,378.9 2,500,000 205,000 3.5% 3,995
AMCAP 28-Feb 65,391.2 2,500,000 170,000 2.9% 3,313
AMF 31-Oct 59,266.8 2,500,000 170,000 2.9% 3,313
BFA 31-Dec 48,012.7 2,500,000 170,000 2.9% 3,313
CBF 31-May 784.6 750,000 50,000 0.9% 974
CCF 31-Oct 937.6 750,000 50,000 0.9% 974
CGETOP 31-Oct 578.0 525,000 50,000 0.9% 974
CGPCS 31-Oct 3,733.1 2,300,000 105,000 1.8% 2,046
CIB 31-Oct 104,340.2 2,500,000 205,000 3.5% 3,995
DWGI 30-Nov 2,758.3 1,900,000 105,000 1.8% 2,046
EMBF 31-Dec 852.9 600,000 50,000 0.9% 974
EMGF 30-Jun 2,060.4 1,700,000 105,000 1.8% 2,046
EUPAC 31-Mar 158,487.7 2,500,000 205,000 3.5% 3,995
FI 31-Dec 99,776.8 2,500,000 205,000 3.5% 3,995
GBAL 31-Oct 19,656.8 2,500,000 105,000 1.8% 2,046
GFA 31-Aug 186,278.5 2,500,000 205,000 3.5% 3,995
GVT 31-Aug 15,076.2 2,500,000 105,000 1.8% 2,046
IBFA 31-Aug 20,836.5 2,500,000 105,000 1.8% 2,046
ICA 31-Dec 95,738.7 2,500,000 170,000 2.9% 3,313
IFA 31-Jul 110,996.0 2,500,000 205,000 3.5% 3,995
IGI 30-Jun 15,359.8 2,500,000 105,000 1.8% 2,046
ILBF 30-Nov 5,786.9 2,500,000 105,000 1.8% 2,046
LTEX 31-Jul 4,341.4 2,500,000 105,000 1.8% 2,046
MMF 30-Sep 18,071.2 2,500,000 105,000 1.8% 2,046
MSI 31-Dec 513.6 525,000 50,000 0.9% 974
NEF 30-Nov 20,840.3 2,500,000 105,000 1.8% 2,046
NPF 30-Sep 89,304.6 2,500,000 170,000 2.9% 3,313
NWF 31-Oct 40,482.8 2,500,000 170,000 2.9% 3,313
SBF 31-Dec 904.1 750,000 50,000 0.9% 974
SCWF 30-Sep 43,955.4 2,500,000 170,000 2.9% 3,313
STBF 31-Aug 7,159.9 2,500,000 105,000 1.8% 2,046
STEX 31-Jul 1,165.9 1,250,000 50,000 0.9% 974
TEBF 31-Jul 22,298.3 2,500,000 105,000 1.8% 2,046
TEFCA 31-Jul 2,678.9 1,900,000 105,000 1.8% 2,046
TEFNY 31-Jul 285.1 600,000 50,000 0.9% 974
WBF 31-Dec 13,914.5 2,500,000 105,000 1.8% 2,046
WGI 30-Nov 95,326.7 2,500,000 170,000 2.9% 3,313
WMIF 30-Apr 120,477.1 2,500,000 205,000 3.5% 3,995
TOTALS $1,673,315 $97,950,000 $5,875,000 100.0% $114,500
Funds managed by Capital International, Inc.
EMGF
Funds managed by Capital Research and Management Company
All Other Funds
1 Assets are shown as of September 30, 2019.
2 Premiums for individual policies were provided by insurance consultant, Aon, and are based on individual policy limits of $100MM. Therefore, providing additional risk transfer value above the minimum required amount.
Each fund exceeds the Rule 17g-1 minimum coverage requirements which are determined by the asset size of the fund.
3 Estimated premium allocations are based on an indication of $114,500 for a $100MM fidelity bond. Premiums allocated per fund were determined using four bands based on asset size.
4 Total excludes AFCTD, AFTD, AFPS, AFRIS, AFIS Managed Risk Funds and AFIS Portfolio Series assets which are already included in totals for the underlying funds.

2019 – 2020 Fidelity Bond premium allocation
Group Percent of allocation 2019-2020 estimated
premium allocation
Funds 100% $114,500
TOTAL 100% $114,5001
1 Based on ICI Mutual's preliminary indication for a $100 million fidelity bond.  Does not include tax or brokerage fee.

OFFICER’S CERTIFICATE

This is to certify that
the premium for the joint insured Registered Management Investment Company Bond issued by ICI Mutual Insurance Company was paid
for the period December 19, 2019 through December 19, 2020.

Dated: 2/21/2020

/s/ Walt Burkley

Walt Burkley

Joint Insuring Agreement for Investment
Company Blanket Bond “Fidelity Bond”

The registered investment companies managed by Capital Research
and Management Company, its subsidiaries or affiliates, (collectively, the “Investment Company Insureds”) and the registered
investment companies managed by Capital Research and Management Company, its subsidiaries or affiliates which are no longer in
operation, (collectively, “Other Insureds”) (together, the “Parties”), hereby agree to jointly participate
as named insureds in a joint insured fidelity bond providing for fidelity bonding of the officers and employees of the named insureds
(the “Bond”), subject to the following terms and conditions:

I. Definitions

a) Actual Loss – the total amount of any pecuniary loss suffered by any of the Parties under circumstances covered by the
terms of the Policy(ies) without regard to whether the amount of coverage is sufficient to enable such party to recover the total
amount of such pecuniary loss.

b) Excess Investment Company Coverage – the amount by which
the Investment Company Coverage exceeds the amount of the combined Rule 17g-1 Minimum Coverage Requirements of the Investment Company
Insureds.
c) Fidelity Coverage – the total amount of coverage provided
under the Bond.

d) Investment Company Coverage – the amount of coverage attributable
to the premiums paid by the Investment Company Insureds.

e) Rule 17g-1 Minimum Coverage Requirement – the minimum amount
of insurance coverage required to be maintained by an entity on a current basis based upon the gross assets of each Investment
Company and being determined as of the close of the most recent fiscal quarter in accordance with the table set forth in Rule 17g-1
of the Investment Company Act of 1940 as it may from time to time be amended by the Securities and Exchange Commission or any successor
agency thereto responsible for the regulation of investment companies.

g) Other Insureds Coverage – the amount of coverage attributable to premiums paid by the Other Insureds.

II. Amount of the Bond

It shall be the intent of the Parties that the amount of
the Fidelity Coverage at all times shall be at least equal to the amount of the combined 17g-1 Minimum Coverage Requirements of
the Investment Company Insureds plus the amount of coverage that would have been required by the Other Insureds pursuant to federal
statute or regulations had they not been named as insureds under the Bond.

III. Allocation of Recovery under the Bond

In the event Actual Loss is suffered concurrently by any
of the Parties and aggregate losses exceed policy limits, recovery to the extent of an Actual Loss will be allocated in the following
manner, subject to the provisions in Section V:

a) each Investment Company Insured which has suffered such Actual Loss shall be entitled to recover from the Investment Company
Coverage, (i) its Rule 17g-1 Minimum Coverage Requirement, and (ii) to the extent there is Excess Investment Company Coverage,
each such Investment Company Insured shall recover the proportion of such coverage that its premium bears to the amount of all
premiums paid by all such Investment Company Insureds;

b) each Other Insured which has suffered such Actual Loss shall be entitled to recover from the Other Insureds Coverage, (i),
to the extent applicable, such Other Insured’s Rule 17g-1 Minimum Coverage Requirement, and (ii) to the extent there is excess
Other Insureds Coverage, the proportion of such coverage that its premium bears to the amount of all premiums paid by all such
Other Insureds;

c) each such Party shall
be entitled to recover from any coverage remaining after recovery under a) and b) the proportion of such coverage that its premium
bears to the amount of all premiums paid by such Parties. Entities not bearing a specific premium amount or bearing a de minimis
amount as the result of recent commencement of operations shall be allocated a fair and reasonable amount in light of the facts
and circumstances as determined by The Capital Group Companies Management Committee.

IV. Annual Review

The majority of the directors of each Investment Company
Insured shall, not less than annually, approve the amount of the fidelity bond, the joint nature of the policies, and the portion
of the premiums ratable to each Company.

V. Additional Parties

Any registered investment company managed by Capital Research
and Management Company, Capital International, Inc., Capital Guardian Trust Company or any company affiliated with The Capital
Group Companies, Inc. that is an eligible insured party under Rules 17g-1(b) and 17d-1(d)(7) (“Additional Party”),
as applicable, may become a Party hereto.

Notwithstanding the provisions in Section III, any Additional
Party shall be entitled to recover its Rule 17g-1 Minimum Coverage Requirements amount under the Other Insured Coverage and, under
III. b.ii), based on premiums paid by an Investment Company Insured of similar size.

Witness our hand and signatures this 19th day of December
L'année 2019

AMCAP Fund

American Balanced Fund

American Funds Developing World Growth and Income Fund

American Funds Fundamental Investors

American Funds Global Balanced Fund

American Mutual Fund

Capital Income Builder

Capital World Growth and Income Fund

EuroPacific Growth Fund

The Growth Fund of America

The Income Fund of America

International Growth and Income Fund

The Investment Company of America

The New Economy Fund

New Perspective Fund

New World Fund, Inc.

SMALLCAP World Fund, Inc.

/s/ Michael W. Stockton

Name: Michael W. Stockton

Title:   Secretary

American Funds Global Insight Fund

American Funds International Vantage Fund

Emerging Markets Growth Fund

Capital Group Emerging Markets Total Opportunities Fund

Capital Group Private Client Services Funds

Capital Group U.S. Equity Fund

/s/ Courtney R. Taylor

Name: Courtney R. Taylor

Title:   Secretary

American Funds College Target Date Series

American Funds Corporate Bond Fund

American Funds Emerging Markets Bond Fund

The American Funds Income Series

American Funds Inflation Linked Bond Fund

American Funds Insurance Series

American Funds Mortgage Fund

American Funds Multi-Sector Income Fund

American Funds Portfolio Series

American Funds Retirement Income Portfolio Series

American Funds Short-Term Tax-Exempt Bond Fund

American Funds Strategic Bond Fund

American Funds Target Date Retirement Series

American Funds Tax-Exempt Fund of New York

The American Funds Tax-Exempt Series II

American Funds U.S. Government Money Market Fund

American High-Income Municipal Bond Fund

American High-Income Trust

The Bond Fund of America

Capital Group Central Fund Series

Capital World Bond Fund

Intermediate Bond Fund of America

Limited Term Tax-Exempt Bond Fund of America

Short-Term Bond Fund of America

The Tax-Exempt Bond Fund of America

/s/ Steven I. Koszalka

Name: Steven I. Koszalka

Title:   Secretary

Washington Mutual Investors Fund

/s/ Jennifer L. Butler

Name: Jennifer L. Butler

Title:   Secretary

Capital Research and Management Company, on behalf of itself,
and its affiliates hereby executes this Joint Insuring Agreement solely with respect to Rider 12 of the ICI Mutual Insurance Policy
for the funds, that in the event that a loss is covered under more than one bond issued to Capital Research and Management Company
or any affiliates thereof, and the aggregate loss exceeds the full policy limit, the Investment Company Insureds shall be entitled
to priority of payment for the full amount of the liability limit.

CAPITAL RESEARCH AND MANAGEMENT  COMPANY
Walt Burkley, Senior Vice President and Secretary

Formulaire 40-17G AMCAP FUND ◄ mutuelle santé entreprise
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