Exhibit E

[logo - American Funds ®]

American Funds Distributors, Inc.

333 South Hope Street

Los Angeles, California 90071

Telephone 800/421-9900, ext. 4

January 2007

To Our Dealer Friends,

As you may know, American Funds recently announced plans to introduce a series of target date funds of funds designed for investment by employer-sponsored retirement plans and individual retirement accounts. Shares of the American Funds Target Date Retirement Series will be available for sale to the public beginning February 1, 2007. The series will initially consist of nine funds corresponding to approximate retirement dates between 2010 and 2050, in five-year increments.

Each of the new funds in the American Funds Target Date Retirement Series will invest in a combination of mutual funds offered by the American Funds. The mix of investments for each fund in the series will change over time. For example, as each fund approaches and passes its retirement goal, it will emphasize more conservative investment objectives, such as capital preservation and current income. The purpose of this notice is to amend your selling group agreement (the “Agreement”) with American Funds Distributors to reflect the addition of the American Funds Target Date Retirement Series. This notice also authorizes you to offer any funds that may be added to the series in the future.

In consideration of the foregoing, the Agreement is amended as follows effective February 1, 2007:

1. The existing Schedule A to the Agreement is replaced in its entirety by the new Schedule A attached hereto.

* * * * *

The Agreement remains unchanged in all other respects. Any order for Fund shares received by us beginning February 1, 2007 shall be deemed an acceptance of this amendment to your Agreement.

Very truly yours,

Kevin G. Clifford

Schedule A

February 1, 2007

(supersedes all previous versions of Schedule A - last version dated November 1, 2006)

529-A

529-B

529-C

529-E

R-1

R-2

R-3

R-4

R-5

Category 1

AMCAP Fund

American Balanced Fund

American Funds Target Date Retirement Series

American Mutual Fund

Capital Income Builder

Capital World Growth and Income Fund

EuroPacific Growth Fund

Fundamental Investors

The Growth Fund of America

The Income Fund of America

The Investment Company of America

The New Economy Fund

New Perspective Fund

New World Fund

SMALLCAP World Fund

Washington Mutual Investors Fund

Category 2

American High-Income Trust

American High-Income Municipal Bond Fund

The Bond Fund of America

Capital World Bond Fund

The Tax-Exempt Bond Fund of America

The Tax-Exempt Fund of California

The Tax-Exempt Fund of Maryland

The Tax-Exempt Fund of Virginia

U.S. Government Securities Fund

Category 3

Intermediate Bond Fund of America

Limited Term Tax-Exempt Bond Fund of America

Short-Term Bond Fund of America

Category 4

The Cash Management Trust of America

The Tax-Exempt Money Fund of America

The U.S. Treasury Money Fund of America

Notes and symbols

Class F and Class 529-F shares are available pursuant to a separate agreement.

l Share class is available

e Share class is available for exchanges only

na Share class is not available

[logo - American Funds ®]

American Funds Distributors, Inc.

333 South Hope Street

Los Angeles, California 90071

Telephone 800/421-9900, ext. 4

October 2006

To Our Dealer Friends,

As you may know, shares of our newest fund in the American Funds family, Short-Term Bond Fund of America, will be available for sale to the public beginning November 1, 2006. Short-Term Bond Fund of America is designed to provide current income and capital preservation by investing in high-quality short-term bonds. The purpose of this notice is to amend your selling group agreement (the “Agreement”) with American Funds Distributors to reflect this new fund as well as certain other changes.

As compared to other American Funds bond funds, Short-Term Bond Fund of America will have a new concession schedule for Class A (including 529-A) shares that provides a maximum dealer concession of 2.00% on investments. Beginning Nov. 1, 2006, this new Class A concession schedule will also apply to Intermediate Bond Fund of America and Limited Term Tax-Exempt Bond Fund of America. However, please note that for these three funds, ongoing service fees for Class A shares and compensation on all other share classes will remain unchanged. Also beginning Nov. 1, 2006, Class B, C, 529-B and 529-C shares of all three funds will be available through exchanges only.

As a result of the new Class A concession schedule discussed above, we are creating a new category of compensation for purposes of the Agreement. Funds currently assigned to Category 3 in the Agreement, including all current references to “Category 3,” will now be relabeled as “Category 4.” Short-Term Bond Fund of America, Intermediate Bond Fund of America and Limited Term Tax-Exempt Bond Fund of America will now comprise new Category 3. These changes are detailed in the Agreement amendment set forth below.

In consideration of the foregoing, the Agreement is amended as follows effective November 1, 2006:

1.	Each instance of “Category 3” in the body of the Agreement is replaced by “Category 4.”

2.	The existing Schedule A to the Agreement is replaced in its entirety by the new Schedule A attached hereto.

3.	A concession schedule for the new Category 3 Funds is added to the Agreement as follows:

On sales of Class A shares and Class 529-A shares of Funds listed in Category 3 on the attached Schedule A that are accepted by us and for which you are responsible, you will be paid dealer concessions as follows:

	Concession as	Sales Charge
	Percentage of	as Percentage
Purchases	Offering Price	of Offering Price
Less than $500,000	2.00%	2.50%
$500,000 but less than $750,000	1.60%	2.00%
$750,000 but less than $1 million	1.20%	1.50%
$1 million or more	See Agreement	None

4.	Ongoing service fees for Class A and Class 529-A shares and compensation on all other share classes as currently stated in the Agreement for Category 2 Funds, shall also apply to the new Category 3 Funds.

* * * * *

The Agreement remains unchanged in all other respects. Any order for Fund shares received by us beginning November 1, 2006 shall be deemed an acceptance of this amendment to your Agreement.

Very truly yours,

Kevin G. Clifford

Schedule A

November 1, 2006

(supersedes all previous versions of Schedule A - last version dated May 15, 2002)

529-A

529-B

529-C

529-E

R-1

R-2

R-3

R-4

R-5

Category 1

AMCAP Fund

American Balanced Fund

American Mutual Fund

Capital Income Builder

Capital World Growth and Income Fund

EuroPacific Growth Fund

Fundamental Investors

The Growth Fund of America

The Income Fund of America

The Investment Company of America

The New Economy Fund

New Perspective Fund

New World Fund

SMALLCAP World Fund

Washington Mutual Investors Fund

Category 2

American High-Income Trust

American High-Income Municipal Bond Fund

The Bond Fund of America

Capital World Bond Fund

The Tax-Exempt Bond Fund of America

The Tax-Exempt Fund of California

The Tax-Exempt Fund of Maryland

The Tax-Exempt Fund of Virginia

U.S. Government Securities Fund

Category 3

Intermediate Bond Fund of America

Limited Term Tax-Exempt Bond Fund of America

Short-Term Bond Fund of America

Category 4

The Cash Management Trust of America

The Tax-Exempt Money Fund of America

The U.S. Treasury Money Fund of America

Notes and symbols

Class F and Class 529-F shares are available pursuant to a separate agreement.

	l	Share class is available
	e	Share class is available for exchanges only
	na	Share class is not available