0000051931-12-000192.txt : 20120322 0000051931-12-000192.hdr.sgml : 20120322 20120322141207 ACCESSION NUMBER: 0000051931-12-000192 CONFORMED SUBMISSION TYPE: 485BPOS PUBLIC DOCUMENT COUNT: 8 FILED AS OF DATE: 20120322 DATE AS OF CHANGE: 20120322 EFFECTIVENESS DATE: 20120322 FILER: COMPANY DATA: COMPANY CONFORMED NAME: INVESTMENT CO OF AMERICA CENTRAL INDEX KEY: 0000051931 IRS NUMBER: 951426645 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 485BPOS SEC ACT: 1933 Act SEC FILE NUMBER: 002-10811 FILM NUMBER: 12708952 BUSINESS ADDRESS: STREET 1: 333 S HOPE ST - 55TH FL (MICG) CITY: LOS ANGELES STATE: CA ZIP: 90071 BUSINESS PHONE: 213-486-9200 MAIL ADDRESS: STREET 1: 333 S HOPE ST - 55TH FL (MICG) CITY: LOS ANGELES STATE: CA ZIP: 90071 FILER: COMPANY DATA: COMPANY CONFORMED NAME: INVESTMENT CO OF AMERICA CENTRAL INDEX KEY: 0000051931 IRS NUMBER: 951426645 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 485BPOS SEC ACT: 1940 Act SEC FILE NUMBER: 811-00116 FILM NUMBER: 12708953 BUSINESS ADDRESS: STREET 1: 333 S HOPE ST - 55TH FL (MICG) CITY: LOS ANGELES STATE: CA ZIP: 90071 BUSINESS PHONE: 213-486-9200 MAIL ADDRESS: STREET 1: 333 S HOPE ST - 55TH FL (MICG) CITY: LOS ANGELES STATE: CA ZIP: 90071 0000051931 S000009597 INVESTMENT CO OF AMERICA C000026214 Class A AIVSX C000026215 Class R-1 RICAX C000026216 Class R-2 RICBX C000026217 Class R-3 RICCX C000026218 Class R-4 RICEX C000026219 Class R-5 RICFX C000026220 Class B AICBX C000026221 Class C AICCX C000026222 Class F-1 AICFX C000026223 Class 529-A CICAX C000026224 Class 529-B CICBX C000026225 Class 529-C CICCX C000026226 Class 529-E CICEX C000026227 Class 529-F-1 CICFX C000068572 Class F-2 ICAFX C000077857 Class R-6 RICGX 485BPOS 1 ica485bxbrl.htm THE INVESTMENT COMPANY OF AMERICA ica485bxbrl.htm
SEC File Nos. 002-10811
811-00116


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
__________________

FORM N-1A

Registration Statement
Under
the Securities Act of 1933
Post-Effective Amendment No.  123

and

Registration Statement
Under
The Investment Company Act of 1940
Amendment No.  47
__________________

THE INVESTMENT COMPANY OF AMERICA
(Exact Name of Registrant as Specified in Charter)

333 South Hope Street
Los Angeles, California 90071-1406
(Address of Principal Executive Offices)

Registrant's telephone number, including area code:
(213) 486-9200
__________________

Vincent P. Corti, Secretary
The Investment Company of America
333 South Hope Street
Los Angeles, California 90071-1406
(Name and Address of Agent for Service)
__________________

Copies to:
Eric A.S. Richards
O'Melveny & Myers LLP
400 South Hope Street
Los Angeles, California  90071-2899
(Counsel for the Registrant)
__________________

Approximate date of proposed public offering:
It is proposed that this filing become immediately pursuant to paragraph (b) of rule 485.

 
 

 
 
 
SIGNATURES

Pursuant to the requirements of the Securities Act of 1933 and the Investment Company Act of 1940, the Registrant certifies that it meets all of the requirements for effectiveness of this registration statement under Rule 485(b) under the Securities Act of 1933 and has duly caused this registration statement to be signed on its behalf by the undersigned, duly authorized, in the City of Los Angeles, and State of California, on the 21st day of March, 2012.

THE INVESTMENT COMPANY OF AMERICA

By /s/ James B. Lovelace
     (James B. Lovelace, Vice Chairman of the Board)

Pursuant to the requirements of the Securities Act of 1933, this registration statement has been signed below on March 21, 2012, by the following persons in the capacities indicated.

 
Signature
Title
(1)
Principal Executive Officer:
 
     
 
/s/ James B. Lovelace
Vice Chairman of the Board
 
(James B. Lovelace)
 
     
(2)
Principal Financial Officer and Principal Accounting Officer:
     
 
/s/ Brian D. Bullard
Treasurer
 
(Brian D. Bullard)
 
     
(3)
Trustees:
 
     
 
Louise H. Bryson*
Trustee
 
Mary Anne Dolan*
Chairman of the Board (Independent and Non-Executive)
 
James G. Ellis*
Trustee
 
Leonard R. Fuller*
Trustee
 
William D. Jones*
Trustee
 
L. Daniel Jorndt*
Trustee
 
William H. Kling*
Trustee
     
 
/s/ James B. Lovelace
Vice Chairman of the Board
 
(James B. Lovelace)
 
     
 
John C. Mazziotta*
Trustee
 
John G. McDonald*
Trustee
 
Bailey Morris-Eck*
Trustee
     
 
/s/ Donald D. O’Neal
President and Trustee
 
(Donald D. O’Neal)
 
     
 
Steven B.  Sample*
Trustee
     
 
*By: /s/ Vincent P. Corti
 
 
(Vincent P. Corti, pursuant to a power of attorney filed herewith)

Counsel represents that this amendment does not contain disclosures that would make the amendment ineligible for effectiveness under the provisions of rule 485(b).

/s/ Michael J. Triessl
(Michael J. Triessl)
 
 
 
 
 

 
 
POWER OF ATTORNEY

I, Louise H. Bryson, the undersigned Board member of the following registered investment companies (collectively, the “Funds”):

-  
AMCAP Fund (File No. 002-26516, File No. 811-01435)
-  
American Funds Fundamental Investors (File No. 002-10760, File No. 811-00032)
-  
American Funds Global Balanced Fund (File No. 333-170605, File No. 811-22496)
-  
American Mutual Fund (File No. 002-10607, File No. 811-00572)
-  
The Growth Fund of America, Inc. (File No. 002-14728, File No. 811-00862)
-  
The Growth Fund of America
-  
The Investment Company of America (File No. 002-10811, File No. 811-00116)
-  
SMALLCAP World Fund, Inc. (File No. 033-32785, File No. 811-05888)
-  
SMALLCAP World Fund

hereby revoke all previous powers of attorney I have signed and otherwise act in my name and behalf in matters involving the Funds and do hereby constitute and appoint

Vincent P. Corti
Steven I. Koszalka
Patrick F. Quan
Courtney R. Taylor
Julie E. Lawton
Tanya Schneider
Raymond F. Sullivan, Jr.
Brian D. Bullard
Karl C. Grauman
Jeffrey P. Regal
Ari M. Vinocor
 
 
each of them singularly, my true and lawful attorneys-in-fact, with full power of substitution, and with full power to each of them, to sign for me and in my name in the appropriate capacities, all Registration Statements of the Funds on Form N-1A, any and all subsequent Amendments, or Post-Effective Amendments to said Registration Statement on Form N-1A or any successor thereto, and any supplements or other instruments in connection therewith, and generally to do all such things in my name and behalf in connection therewith as said attorneys-in-fact deem necessary or appropriate, to comply with the provisions of the Securities Act of 1933 and the Investment Company Act of 1940 as amended, and all related requirements of the U. S. Securities and Exchange Commission.  I hereby ratify and confirm all that said attorneys-in-fact or their substitutes may do or cause to be done by virtue hereof.

EXECUTED at San Marino, CA, this 17th day of November, 2011.
    (City, State)


/s/ Louise H. Bryson                                                             
Louise H. Bryson, Board member
 
 
 
 

 
 
 
POWER OF ATTORNEY

I, Mary Anne Dolan, the undersigned Board member of the following registered investment companies (collectively, the “Funds”):

-  
AMCAP Fund (File No. 002-26516, File No. 811-01435)
-  
American Funds Fundamental Investors (File No. 002-10760, File No. 811-00032)
-  
American Funds Global Balanced Fund (File No. 333-170605, File No. 811-22496)
-  
American Mutual Fund (File No. 002-10607, File No. 811-00572)
-  
Capital Income Builder (File No. 033-12967, File No. 811-05085)
-  
Capital World Growth and Income Fund, Inc. (File No. 033-54444, File No. 811-07338)
-  
Capital World Growth and Income Fund
-  
The Growth Fund of America, Inc. (File No. 002-14728, File No. 811-00862)
-  
The Growth Fund of America
-  
The Investment Company of America (File No. 002-10811, File No. 811-00116)
-  
The New Economy Fund  (File No. 002-83848, File No. 811-03735)
-  
The New Economy Fund
-  
SMALLCAP World Fund, Inc. (File No. 033-32785, File No. 811-05888)
-  
SMALLCAP World Fund

hereby revoke all previous powers of attorney I have signed and otherwise act in my name and behalf in matters involving the Funds and do hereby constitute and appoint

Vincent P. Corti
Steven I. Koszalka
Patrick F. Quan
Courtney R. Taylor
Julie E. Lawton
Tanya Schneider
Raymond F. Sullivan, Jr.
Brian D. Bullard
Karl C. Grauman
Jeffrey P. Regal
Ari M. Vinocor
Neal F. Wellons
 
 
each of them singularly, my true and lawful attorneys-in-fact, with full power of substitution, and with full power to each of them, to sign for me and in my name in the appropriate capacities, all Registration Statements of the Funds on Form N-1A, any and all subsequent Amendments, or Post-Effective Amendments to said Registration Statement on Form N-1A or any successor thereto, and any supplements or other instruments in connection therewith, and generally to do all such things in my name and behalf in connection therewith as said attorneys-in-fact deem necessary or appropriate, to comply with the provisions of the Securities Act of 1933 and the Investment Company Act of 1940 as amended, and all related requirements of the U. S. Securities and Exchange Commission.  I hereby ratify and confirm all that said attorneys-in-fact or their substitutes may do or cause to be done by virtue hereof.

EXECUTED at Los Angeles, CA, this 16th day of November, 2011.
    (City, State)


/s/ Mary Anne Dolan                                                             
Mary Anne Dolan, Board member
 
 
 

 
 
 
POWER OF ATTORNEY

I, James G. Ellis, the undersigned Board member of the following registered investment companies (collectively, the “Funds”):

-  
AMCAP Fund (File No. 002-26516, File No. 811-01435)
-  
American Funds Global Balanced Fund (File No. 333-170605, File No. 811-22496)
-  
The American Funds Income Series – U.S. Government Securities Fund (File No. 002-98199, File No. 811-04318)
-  
American Funds Insurance Series (File No. 002-86838, File No. 811-03857)
-  
American Funds Money Market Fund (File No. 333-157162, File No. 811-22277)
-  
American Funds Mortgage Fund (File No. 333-168595, File No. 811-22449)
-  
American Funds Portfolio Series (File No. 333-178936, File No. 811-22656)
-  
American Funds Short-Term Tax-Exempt Bond Fund (File No. 033-26431, File No. 811-05750)
-  
American Funds Target Date Retirement Series (File No. 333-138648, File No. 811-21981)
-  
American Funds Tax-Exempt Fund of New York (File No. 333-168594, File No. 811-22448)
-  
The American Funds Tax-Exempt Series II – The Tax-Exempt Fund of California (File No. 033-06180, File No. 811-04694)
-  
American High-Income Municipal Bond Fund (File No. 033-80630, File No. 811-08576)
-  
American High-Income Trust (File No. 033-17917, File No. 811-05364)
-  
American Mutual Fund (File No. 002-10607, File No. 811-00572)
-  
The Bond Fund of America (File No. 002-50700, File No. 811-02444)
-  
Capital World Bond Fund (File No. 033-12447, File No. 811-05104)
-  
Intermediate Bond Fund of America (File No. 033-19514, File No. 811-05446)
-  
The Investment Company of America (File No. 002-10811, File No. 811-00116)
-  
Limited Term Tax-Exempt Bond Fund of America (File No. 033-66214, File No. 811-07888)
-  
Short-Term Bond Fund of America (File No. 333-135770, File No. 811-21928)
-  
The Tax-Exempt Bond Fund of America (File No. 002-49291, File No. 811-02421)

hereby revoke all previous powers of attorney I have signed and otherwise act in my name and behalf in matters involving the Funds and do hereby constitute and appoint

Vincent P. Corti
Steven I. Koszalka
Patrick F. Quan
Courtney R. Taylor
Julie E. Lawton
Tanya Schneider
Raymond F. Sullivan, Jr.
Brian D. Bullard
Karl C. Grauman
M. Susan Gupton
Brian C. Janssen
Dori Laskin
Gregory F. Niland
Ari M. Vinocor
 
 
each of them singularly, my true and lawful attorneys-in-fact, with full power of substitution, and with full power to each of them, to sign for me and in my name in the appropriate capacities, all Registration Statements of the Funds on Form N-1A, any and all subsequent Amendments, or Post-Effective Amendments to said Registration Statement on Form N-1A or any successor thereto, and any supplements or other instruments in connection therewith, and generally to do all such things in my name and behalf in connection therewith as said attorneys-in-fact deem necessary or appropriate, to comply with the provisions of the Securities Act of 1933 and the Investment Company Act of 1940 as amended, and all related requirements of the U. S. Securities and Exchange Commission.  I hereby ratify and confirm all that said attorneys-in-fact or their substitutes may do or cause to be done by virtue hereof.

EXECUTED at Los Angeles, CA, this 14th day of March, 2012.
     (City, State)


/s/ James G. Ellis                                                             
James G. Ellis, Board member
 
 
 

 

POWER OF ATTORNEY

I, Leonard R. Fuller, the undersigned Board member of the following registered investment companies (collectively, the “Funds”):

-  
AMCAP Fund (File No. 002-26516, File No. 811-01435)
-  
American Funds Global Balanced Fund (File No. 333-170605, File No. 811-22496)
-  
The American Funds Income Series – U.S. Government Securities Fund (File No. 002-98199, File No. 811-04318)
-  
American Funds Insurance Series (File No. 002-86838, File No. 811-03857)
-  
American Funds Money Market Fund (File No. 333-157162, File No. 811-22277)
-  
American Funds Mortgage Fund (File No. 333-168595, File No. 811-22449)
-  
American Funds Portfolio Series (File No. 333-178936, File No. 811-22656)
-  
American Funds Short-Term Tax-Exempt Bond Fund (File No. 033-26431, File No. 811-05750)
-  
American Funds Target Date Retirement Series (File No. 333-138648, File No. 811-21981)
-  
American Funds Tax-Exempt Fund of New York (File No. 333-168594, File No. 811-22448)
-  
The American Funds Tax-Exempt Series II – The Tax-Exempt Fund of California (File No. 033-06180, File No. 811-04694)
-  
American High-Income Municipal Bond Fund (File No. 033-80630, File No. 811-08576)
-  
American High-Income Trust (File No. 033-17917, File No. 811-05364)
-  
American Mutual Fund (File No. 002-10607, File No. 811-00572)
-  
The Bond Fund of America (File No. 002-50700, File No. 811-02444)
-  
Capital World Bond Fund (File No. 033-12447, File No. 811-05104)
-  
Intermediate Bond Fund of America (File No. 033-19514, File No. 811-05446)
-  
The Investment Company of America (File No. 002-10811, File No. 811-00116)
-  
Limited Term Tax-Exempt Bond Fund of America (File No. 033-66214, File No. 811-07888)
-  
Short-Term Bond Fund of America (File No. 333-135770, File No. 811-21928)
-  
The Tax-Exempt Bond Fund of America (File No. 002-49291, File No. 811-02421)

hereby revoke all previous powers of attorney I have signed and otherwise act in my name and behalf in matters involving the Funds and do hereby constitute and appoint

Vincent P. Corti
Steven I. Koszalka
Patrick F. Quan
Courtney R. Taylor
Julie E. Lawton
Tanya Schneider
Raymond F. Sullivan, Jr.
Brian D. Bullard
Karl C. Grauman
M. Susan Gupton
Brian C. Janssen
Dori Laskin
Gregory F. Niland
Ari M. Vinocor
 
 
each of them singularly, my true and lawful attorneys-in-fact, with full power of substitution, and with full power to each of them, to sign for me and in my name in the appropriate capacities, all Registration Statements of the Funds on Form N-1A, any and all subsequent Amendments, or Post-Effective Amendments to said Registration Statement on Form N-1A or any successor thereto, and any supplements or other instruments in connection therewith, and generally to do all such things in my name and behalf in connection therewith as said attorneys-in-fact deem necessary or appropriate, to comply with the provisions of the Securities Act of 1933 and the Investment Company Act of 1940 as amended, and all related requirements of the U. S. Securities and Exchange Commission.  I hereby ratify and confirm all that said attorneys-in-fact or their substitutes may do or cause to be done by virtue hereof.

EXECUTED at Los Angeles, CA, this 14th day of March, 2012.
     (City, State)


/s/ Leonard R. Fuller                                                             
Leonard R. Fuller, Board member
 
 
 

 

POWER OF ATTORNEY

I, William D. Jones, the undersigned Board member of the following registered investment companies (collectively, the “Funds”):

-  
AMCAP Fund (File No. 002-26516, File No. 811-01435)
-  
American Balanced Fund (File No. 002-10758, File No. 811-00066)
-  
American Funds Global Balanced Fund (File No. 333-170605, File No. 811-22496)
-  
American Mutual Fund (File No. 002-10607, File No. 811-00572)
-  
The Income Fund of America (File No. 002-33371, File No. 811-01880)
-  
International Growth and Income Fund (File No. 333-152323, File No. 811-22215)
-  
The Investment Company of America (File No. 002-10811, File No. 811-00116)

hereby revoke all previous powers of attorney I have signed and otherwise act in my name and behalf in matters involving the Funds and do hereby constitute and appoint

Vincent P. Corti
Steven I. Koszalka
Patrick F. Quan
Courtney R. Taylor
Julie E. Lawton
Tanya Schneider
Raymond F. Sullivan, Jr.
Jennifer M. Buchheim
Brian D. Bullard
Karl C. Grauman
M. Susan Gupton
 
 
 
each of them singularly, my true and lawful attorneys-in-fact, with full power of substitution, and with full power to each of them, to sign for me and in my name in the appropriate capacities, all Registration Statements of the Funds on Form N-1A, any and all subsequent Amendments, or Post-Effective Amendments to said Registration Statement on Form N-1A or any successor thereto, and any supplements or other instruments in connection therewith, and generally to do all such things in my name and behalf in connection therewith as said attorneys-in-fact deem necessary or appropriate, to comply with the provisions of the Securities Act of 1933 and the Investment Company Act of 1940 as amended, and all related requirements of the U. S. Securities and Exchange Commission.  I hereby ratify and confirm all that said attorneys-in-fact or their substitutes may do or cause to be done by virtue hereof.

EXECUTED at San Diego, CA, this 17th day of August, 2011.
  (City, State)


/s/ William D. Jones                                                             
William D. Jones, Board member
 
 
 

 
 
POWER OF ATTORNEY

I, L. Daniel Jorndt, the undersigned Board member of the following registered investment companies (collectively, the “Funds”):

-  
AMCAP Fund (File No. 002-26516, File No. 811-01435)
-  
American Funds Global Balanced Fund (File No. 333-170605, File No. 811-22496)
-  
American Mutual Fund (File No. 002-10607, File No. 811-00572)
-  
The Investment Company of America (File No. 002-10811, File No. 811-00116)

hereby revoke all previous powers of attorney I have signed and otherwise act in my name and behalf in matters involving the Funds and do hereby constitute and appoint

Vincent P. Corti
Steven I. Koszalka
Patrick F. Quan
Courtney R. Taylor
Julie E. Lawton
Tanya Schneider
Raymond F. Sullivan, Jr.
Jennifer M. Buchheim
Brian D. Bullard
Karl C. Grauman
 
 
 
each of them singularly, my true and lawful attorneys-in-fact, with full power of substitution, and with full power to each of them, to sign for me and in my name in the appropriate capacities, all Registration Statements of the Funds on Form N-1A, any and all subsequent Amendments, or Post-Effective Amendments to said Registration Statement on Form N-1A or any successor thereto, and any supplements or other instruments in connection therewith, and generally to do all such things in my name and behalf in connection therewith as said attorneys-in-fact deem necessary or appropriate, to comply with the provisions of the Securities Act of 1933 and the Investment Company Act of 1940 as amended, and all related requirements of the U. S. Securities and Exchange Commission.  I hereby ratify and confirm all that said attorneys-in-fact or their substitutes may do or cause to be done by virtue hereof.

EXECUTED at Deerfield, IL, this 24th day of August, 2011.
 (City, State)


/s/ L. Daniel Jorndt                                                             
L. Daniel Jorndt, Board member
 
 
 

 
 
POWER OF ATTORNEY

I, William H. Kling, the undersigned Board member of the following registered investment companies (collectively, the “Funds”):

-  
AMCAP Fund (File No. 002-26516, File No. 811-01435)
-  
American Funds Fundamental Investors (File No. 002-10760, File No. 811-00032)
-  
American Funds Global Balanced Fund (File No. 333-170605, File No. 811-22496)
-  
American Mutual Fund (File No. 002-10607, File No. 811-00572)
-  
EuroPacific Growth Fund (File No. 002-83847, File No. 811-03734)
-  
EuroPacific Growth Fund
-  
The Growth Fund of America, Inc. (File No. 002-14728, File No. 811-00862)
-  
The Growth Fund of America
-  
The Investment Company of America (File No. 002-10811, File No. 811-00116)
-  
New Perspective Fund, Inc. (File No. 002-47749, File No. 811-02333)
-  
New Perspective Fund
-  
New World Fund, Inc. (File No. 333-67455, File No. 811-09105)
-  
American Funds New World Fund, Inc.
-  
SMALLCAP World Fund, Inc. (File No. 033-32785, File No. 811-05888)
-  
SMALLCAP World Fund

hereby revoke all previous powers of attorney I have signed and otherwise act in my name and behalf in matters involving the Funds and do hereby constitute and appoint

Vincent P. Corti
Steven I. Koszalka
Patrick F. Quan
Courtney R. Taylor
Julie E. Lawton
Tanya Schneider
Raymond F. Sullivan, Jr.
Brian D. Bullard
Karl C. Grauman
Brian C. Janssen
Jeffrey P. Regal
Ari M. Vinocor
 
 
each of them singularly, my true and lawful attorneys-in-fact, with full power of substitution, and with full power to each of them, to sign for me and in my name in the appropriate capacities, all Registration Statements of the Funds on Form N-1A, any and all subsequent Amendments, or Post-Effective Amendments to said Registration Statement on Form N-1A or any successor thereto, and any supplements or other instruments in connection therewith, and generally to do all such things in my name and behalf in connection therewith as said attorneys-in-fact deem necessary or appropriate, to comply with the provisions of the Securities Act of 1933 and the Investment Company Act of 1940 as amended, and all related requirements of the U. S. Securities and Exchange Commission.  I hereby ratify and confirm all that said attorneys-in-fact or their substitutes may do or cause to be done by virtue hereof.

EXECUTED at Minneapolis, MN, this 17th day of November, 2011.
    (City, State)


/s/ William H. Kling                                                             
William H. Kling, Board member
 
 
 

 
 
POWER OF ATTORNEY

I, John C. Mazziotta, the undersigned Board member of the following registered investment companies (collectively, the “Funds”):

-  
AMCAP Fund (File No. 002-26516, File No. 811-01435)
-  
American Funds Global Balanced Fund (File No. 333-170605, File No. 811-22496)
-  
American Mutual Fund (File No. 002-10607, File No. 811-00572)
-  
The Investment Company of America (File No. 002-10811, File No. 811-00116)

hereby revoke all previous powers of attorney I have signed and otherwise act in my name and behalf in matters involving the Funds and do hereby constitute and appoint

Vincent P. Corti
Steven I. Koszalka
Patrick F. Quan
Courtney R. Taylor
Julie E. Lawton
Tanya Schneider
Raymond F. Sullivan, Jr.
Jennifer M. Buchheim
Brian D. Bullard
Karl C. Grauman
 
 
 
each of them singularly, my true and lawful attorneys-in-fact, with full power of substitution, and with full power to each of them, to sign for me and in my name in the appropriate capacities, all Registration Statements of the Funds on Form N-1A, any and all subsequent Amendments, or Post-Effective Amendments to said Registration Statement on Form N-1A or any successor thereto, and any supplements or other instruments in connection therewith, and generally to do all such things in my name and behalf in connection therewith as said attorneys-in-fact deem necessary or appropriate, to comply with the provisions of the Securities Act of 1933 and the Investment Company Act of 1940 as amended, and all related requirements of the U. S. Securities and Exchange Commission.  I hereby ratify and confirm all that said attorneys-in-fact or their substitutes may do or cause to be done by virtue hereof.

EXECUTED at Los Angeles, CA, this 24th day of August, 2011.
    (City, State)


/s/ John C. Mazziotta                                                             
John C. Mazziotta, Board member
 
 
 

 
 
POWER OF ATTORNEY

I, John G. McDonald, the undersigned Board member of the following registered investment companies (collectively, the “Funds”):

-  
AMCAP Fund (File No. 002-26516, File No. 811-01435)
-  
American Balanced Fund (File No. 002-10758, File No. 811-00066)
-  
American Funds Fundamental Investors (File No. 002-10760, File No. 811-00032)
-  
American Funds Global Balanced Fund (File No. 333-170605, File No. 811-22496)
-  
American Mutual Fund (File No. 002-10607, File No. 811-00572)
-  
EuroPacific Growth Fund (File No. 002-83847, File No. 811-03734)
-  
EuroPacific Growth Fund
-  
The Growth Fund of America, Inc. (File No. 002-14728, File No. 811-00862)
-  
The Growth Fund of America
-  
The Income Fund of America (File No. 002-33371, File No. 811-01880)
-  
International Growth and Income Fund (File No. 333-152323, File No. 811-22215)
-  
The Investment Company of America (File No. 002-10811, File No. 811-00116)
-  
New Perspective Fund, Inc. (File No. 002-47749, File No. 811-02333)
-  
New Perspective Fund
-  
New World Fund, Inc. (File No. 333-67455, File No. 811-09105)
-  
American Funds New World Fund, Inc.
-  
SMALLCAP World Fund, Inc. (File No. 033-32785, File No. 811-05888)
-  
SMALLCAP World Fund

hereby revoke all previous powers of attorney I have signed and otherwise act in my name and behalf in matters involving the Funds and do hereby constitute and appoint

Vincent P. Corti
Steven I. Koszalka
Patrick F. Quan
Courtney R. Taylor
Julie E. Lawton
Tanya Schneider
Raymond F. Sullivan, Jr.
Brian D. Bullard
Karl C. Grauman
M. Susan Gupton
Brian C. Janssen
Jeffrey P. Regal
 
 
each of them singularly, my true and lawful attorneys-in-fact, with full power of substitution, and with full power to each of them, to sign for me and in my name in the appropriate capacities, all Registration Statements of the Funds on Form N-1A, any and all subsequent Amendments, or Post-Effective Amendments to said Registration Statement on Form N-1A or any successor thereto, and any supplements or other instruments in connection therewith, and generally to do all such things in my name and behalf in connection therewith as said attorneys-in-fact deem necessary or appropriate, to comply with the provisions of the Securities Act of 1933 and the Investment Company Act of 1940 as amended, and all related requirements of the U. S. Securities and Exchange Commission.  I hereby ratify and confirm all that said attorneys-in-fact or their substitutes may do or cause to be done by virtue hereof.

EXECUTED at Stanford, CA, this 15th day of November, 2011.
 (City, State)


/s/ John G. McDonald                                                             
John G. McDonald, Board member
 
 
 

 
 
POWER OF ATTORNEY

I, Bailey Morris-Eck, the undersigned Board member of the following registered investment companies (collectively, the “Funds”):

-  
AMCAP Fund (File No. 002-26516, File No. 811-01435)
-  
American Funds Global Balanced Fund (File No. 333-170605, File No. 811-22496)
-  
American Mutual Fund (File No. 002-10607, File No. 811-00572)
-  
The Investment Company of America (File No. 002-10811, File No. 811-00116)

hereby revoke all previous powers of attorney I have signed and otherwise act in my name and behalf in matters involving the Funds and do hereby constitute and appoint

Vincent P. Corti
Steven I. Koszalka
Patrick F. Quan
Courtney R. Taylor
Julie E. Lawton
Tanya Schneider
Raymond F. Sullivan, Jr.
Jennifer M. Buchheim
Brian D. Bullard
Karl C. Grauman
 
 
 
each of them singularly, my true and lawful attorneys-in-fact, with full power of substitution, and with full power to each of them, to sign for me and in my name in the appropriate capacities, all Registration Statements of the Funds on Form N-1A, any and all subsequent Amendments, or Post-Effective Amendments to said Registration Statement on Form N-1A or any successor thereto, and any supplements or other instruments in connection therewith, and generally to do all such things in my name and behalf in connection therewith as said attorneys-in-fact deem necessary or appropriate, to comply with the provisions of the Securities Act of 1933 and the Investment Company Act of 1940 as amended, and all related requirements of the U. S. Securities and Exchange Commission.  I hereby ratify and confirm all that said attorneys-in-fact or their substitutes may do or cause to be done by virtue hereof.

EXECUTED at Butler, MD, this 19th day of August, 2011.
(City, State)


/s/ Bailey Morris-Eck                                                             
Bailey Morris-Eck, Board member
 
 
 

 
 
POWER OF ATTORNEY

I, Steven B. Sample, the undersigned Board member of the following registered investment companies (collectively, the “Funds”):

-  
AMCAP Fund (File No. 002-26516, File No. 811-01435)
-  
American Funds Global Balanced Fund (File No. 333-170605, File No. 811-22496)
-  
American Mutual Fund (File No. 002-10607, File No. 811-00572)
-  
The Investment Company of America (File No. 002-10811, File No. 811-00116)

hereby revoke all previous powers of attorney I have signed and otherwise act in my name and behalf in matters involving the Funds and do hereby constitute and appoint

Vincent P. Corti
Steven I. Koszalka
Patrick F. Quan
Courtney R. Taylor
Julie E. Lawton
Tanya Schneider
Raymond F. Sullivan, Jr.
Jennifer M. Buchheim
Brian D. Bullard
Karl C. Grauman
 
 
 
each of them singularly, my true and lawful attorneys-in-fact, with full power of substitution, and with full power to each of them, to sign for me and in my name in the appropriate capacities, all Registration Statements of the Funds on Form N-1A, any and all subsequent Amendments, or Post-Effective Amendments to said Registration Statement on Form N-1A or any successor thereto, and any supplements or other instruments in connection therewith, and generally to do all such things in my name and behalf in connection therewith as said attorneys-in-fact deem necessary or appropriate, to comply with the provisions of the Securities Act of 1933 and the Investment Company Act of 1940 as amended, and all related requirements of the U. S. Securities and Exchange Commission.  I hereby ratify and confirm all that said attorneys-in-fact or their substitutes may do or cause to be done by virtue hereof.

EXECUTED at Los Angeles, CA, this 24th day of August, 2011.
    (City, State)


/s/ Steven B. Sample                                                             
Steven B. Sample, Board member

 
 

 
 
 
 
Exhibit Index

Exhibit No.
Description
   
EX-101.INS
XBRL Instance Document
EX-101.SCH
XBRL Taxonomy Extension Schema Document
EX-101.CAL
XBRL Taxonomy Extension Calculation Linkbase
EX-101.DEF
XBRL Taxonomy Extension Definition Linkbase
EX-101.LAB
XBRL Taxonomy Extension Labels Linkbase
EX-101.PRE
XBRL Taxonomy Extension Presentation Linkbase

EX-101.INS 2 ck0000051931-20111231.xml INVESTMENT CO OF AMERICA 2012-02-29 2012-03-01 2011-12-31 485BPOS 0000051931 false 2012-03-01 For the share classes listed below, you would pay the following if you did not redeem your shares: <div style="display:none">~ http://www.americanfunds.com/role/PerformanceTableData_S000009597Member column dei_LegalEntityAxis compact * column rr_ProspectusShareClassAxis compact * column rr_PerformanceMeasureAxis compact * row primary compact * ~</div> <tt>After-tax returns are shown only for Class A shares; after-tax returns for other<br />share classes will vary. After-tax returns are calculated using the highest<br />individual federal income tax rates in effect during each year of the periods<br />shown and do not reflect the impact of state and local taxes. Your actual<br />after-tax returns depend on your individual tax situation and likely will differ<br />from the results shown above. In addition, after-tax returns are not relevant if<br />you hold your fund shares through a tax-deferred arrangement, such as a 401(k)<br />plan, individual retirement account (IRA) or 529 college savings plan.</tt> Your investment in the fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other governmental agency, entity or person. <div style="display:none">~ http://www.americanfunds.com/role/ExpenseExampleNoRedemption_S000009597Member column dei_LegalEntityAxis compact * column rr_ProspectusShareClassAxis compact * row primary compact * ~</div> <tt>Class A annualized 30-day yield at December 31, 2011: 2.05% (For current yield information, please call American FundsLine&#xAE; at 800/325-3590.) </tt> <div style="display:none">~ http://www.americanfunds.com/role/ShareholderFeesData_S000009597Member column dei_LegalEntityAxis compact * column rr_ProspectusShareClassAxis compact * row primary compact * ~</div> You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $25,000 in American Funds. Example After-tax returns are calculated using the highest individual federal income tax rates in effect during each year of the periods shown and do not reflect the impact of state and local taxes. Investment objectives Past investment results (before and after taxes) are not predictive of future investment results. The Lipper Growth & Income Funds Index includes the fund and other funds that disclose investment objectives and/or strategies reasonably comparable to the fund's objective and/or strategies. You may lose money by investing in the fund. Principal risks Shareholder fees (fees paid directly from your investment) Although your actual costs may be higher or lower, based on these assumptions your costs would be: 0.28 Your actual after-tax returns depend on your individual tax situation and likely will differ from the results shown above. In addition, after-tax returns are not relevant if you hold your fund shares through a tax-deferred arrangement, such as a 401(k) plan, individual retirement account (IRA) or 529 college savings plan. Calendar year total returns for Class A Shares (Results do not include a sales charge; if a sales charge were included, results would be lower.) Investment results 25000 The following bar chart shows how the fund's investment results have varied from year to year, and the following table shows how the fund's average annual total returns for various periods compare with different broad measures of market results. <tt>Highest/Lowest quarterly results during this period were:<br /><br />Highest 15.30% (quarter ended June 30, 2009)<br /><br />Lowest -18.97% (quarter ended December 31, 2008)</tt> <tt>The fund invests primarily in common stocks, most of which have a history of<br />paying dividends. The fund's investments are limited to securities of companies<br />that are included on its eligible list. In light of the fund's investment<br />objectives and policies, securities are added to, or deleted from, the eligible<br />list by the fund's board of trustees after reviewing and acting upon the<br />recommendations of the fund's investment adviser. The investment adviser bases<br />its recommendations on a number of factors, such as the fund's investment<br />objectives and policies, whether a company is considered a leader in its<br />industry and a company's dividend payment prospects. Although the fund focuses<br />on investments in medium to larger capitalization companies, the fund's<br />investments are not limited to a particular capitalization size. In the<br />selection of common stocks and other securities for investment, potential for<br />capital appreciation and future dividends are given more weight than current<br />yield.<br /> <br />The fund may invest up to 15% of its assets, at the time of purchase, in<br />securities of issuers domiciled outside the United States.<br /> <br />The investment adviser uses a system of multiple portfolio counselors in<br />managing the fund's assets. Under this approach, the portfolio of the fund is<br />divided into segments managed by individual counselors who decide how their<br />respective segments will be invested.<br /> <br />The fund relies on the professional judgment of its investment adviser to make<br />decisions about the fund's portfolio investments. The basic investment<br />philosophy of the investment adviser is to seek to invest in attractively valued<br />companies that, in its opinion, represent good, long-term investment<br />opportunities. The investment adviser believes that an important way to<br />accomplish this is through fundamental analysis, which may include meeting with<br />company executives and employees, suppliers, customers and competitors.<br />Securities may be sold when the investment adviser believes that they no longer<br />represent relatively attractive investment opportunities.</tt> The Investment Company of America® Average annual total returns For the periods ended December 31, 2011 (with maximum sales charge): <tt>The following bar chart shows how the fund's investment results have varied from<br />year to year, and the following table shows how the fund's average annual total<br />returns for various periods compare with different broad measures of market<br />results.</tt> Portfolio turnover <tt>This section describes the principal risks associated with the fund's principal<br />investment strategies. You may lose money by investing in the fund. The<br />likelihood of loss may be greater if you invest for a shorter period of time.<br />Investors in the fund should have a long-term perspective and be able to<br />tolerate potentially sharp declines in value.<br /> <br />Market conditions - The prices of, and the income generated by, the common<br />stocks and other securities held by the fund may decline due to market<br />conditions and other factors, including those directly involving the issuers of<br />securities held by the fund.<br /> <br />Investing in income-oriented stocks - Income provided by the fund may be<br />reduced by changes in the dividend policies of, and the capital resources <br />available at, the companies in which the fund invests.<br /> <br />Investing in growth-oriented stocks - Growth-oriented stocks may involve larger<br />price swings and greater potential for loss than other types of investments.<br /> <br />Investing outside the United States - Securities of issuers domiciled outside<br />the United States, or with significant operations outside the United States, may<br />lose value because of political, social, economic or market developments or<br />instability in the countries or regions in which the issuer operates. These<br />securities may also lose value due to changes in foreign currency exchange <br />rates against the U.S. dollar and/or currencies of other countries. Securities <br />markets in certain countries may be more volatile and/or less liquid than those <br />in the United States. Investments outside the United States may also be subject <br />to different settlement and accounting practices and different regulatory, legal <br />and reporting standards, and may be more difficult to value, than those in the <br />United States.<br /> <br />Management - The investment adviser to the fund actively manages the fund's<br />investments. Consequently, the fund is subject to the risk that the methods and<br />analyses employed by the investment adviser in this process may not produce <br />the desired results. This could cause the fund to lose value or its investment<br />results to lag relevant benchmarks or other funds with similar objectives.<br /> <br />Your investment in the fund is not a bank deposit and is not insured or<br />guaranteed by the Federal Deposit Insurance Corporation or any other<br />governmental agency, entity or person. You should consider how this fund fits<br />into your overall investment program.</tt> Fees and expenses of the fund After-tax returns are shown only for Class A shares Principal investment strategies americanfunds.com <tt>The following bar chart shows how the fund's investment results have varied from<br />year to year, and the following table shows how the fund's average annual total<br />returns for various periods compare with different broad measures of market<br />results. This information provides some indication of the risks of investing in<br />the fund. The Lipper Growth &amp; Income Funds Index includes the fund and other<br />funds that disclose investment objectives and/or strategies reasonably<br />comparable to the fund's objective and/or strategies. Past investment results<br />(before and after taxes) are not predictive of future investment results.<br />Updated information on the fund's investment results can be obtained by visiting<br />americanfunds.com.</tt> <tt>This table describes the fees and expenses that you may pay if you buy and hold<br />shares of the fund. You may qualify for sales charge discounts if you and your<br />family invest, or agree to invest in the future, at least $25,000 in American<br />Funds. More information about these and other discounts is available from your<br />financial professional and in the "Sales charge reductions and waivers" section<br />on page 26 of the prospectus and on page 57 of the fund's statement of<br />additional information.</tt> <div style="display:none">~ http://www.americanfunds.com/role/OperatingExpensesData_S000009597Member column dei_LegalEntityAxis compact * column rr_ProspectusShareClassAxis compact * row primary compact * ~</div> Annual fund operating expenses (expenses that you pay each year as a percentage of the value of your investment) <tt>The fund pays transaction costs, such as commissions, when it buys and sells <br />securities (or "turns over" its portfolio). A higher portfolio turnover rate <br />may indicate higher transaction costs and may result in higher taxes when <br />fund shares are held in a taxable account. These costs, which are not<br />reflected in annual fund operating expenses or in the example, affect the fund's<br />investment results. During the most recent fiscal year, the fund's portfolio<br />turnover rate was 28% of the average value of its portfolio.</tt> <div style="display:none">~ http://www.americanfunds.com/role/ExpenseExample_S000009597Member column dei_LegalEntityAxis compact * column rr_ProspectusShareClassAxis compact * row primary compact * ~</div> <div style="display:none">~ http://www.americanfunds.com/role/BarChartData_S000009597Member column dei_LegalEntityAxis compact * column rr_ProspectusShareClassAxis compact * row primary compact * ~</div> <tt>The fund's investment objectives are to achieve long-term growth of capital and<br />income.</tt> <tt>This example is intended to help you compare the cost of investing in<br />the fund with the cost of investing in other mutual funds.<br /> <br />The example assumes that you invest $10,000 in the fund for the time periods<br />indicated and then redeem all of your shares at the end of those periods. The<br />example also assumes that your investment has a 5% return each year and that the<br />fund's operating expenses remain the same.</tt> RICGX 0.1343 2009-05-01 0.0000 381 169 -0.0145 0.0006 0.0024 Share classes R-6 (before taxes) 31 97 0.00 0.0000 0.0030 0 0.0000 ICAFX 0.0116 2008-08-01 0.0000 505 224 -0.0154 0.0016 0.0024 Share classes F-2 (before taxes) 41 128 0.00 0.0000 0.0040 0 0.0000 CICFX 0.0553 2002-09-16 0.0000 723 333 -0.0162 0.0025 0.0024 -0.0074 Share classes 529-F-1 (before taxes) 70 197 0.00 0.0000 0.0049 10 0 0.0000 CICEX 0.0313 2002-03-01 0.0000 1293 594 -0.0215 0.0023 0.0024 -0.0123 Share classes 529-E (before taxes) 119 348 0.00 0.0050 0.0097 10 0 0.0000 CICCX 0.0298 2002-02-19 0.0100 1879 870 -0.0358 0.0026 0.0024 1879 -0.0172 510 870 Share classes 529-C (before taxes) 271 510 0.00 0.0099 0.0149 171 10 0 0.0000 CICBX 0.0297 2002-02-15 0.0500 1676 1076 -0.0744 0.0026 0.0024 1676 -0.0208 513 876 Share classes 529-B (before taxes) 672 913 0.00 0.0100 0.0150 172 10 0 0.0000 CICAX 0.0305 2002-02-15 0.0100 1501 1001 -0.0750 0.0024 0.0024 -0.0211 Share classes 529-A (before taxes) 662 825 0.00 0.0022 0.0070 10 0 0.0575 AICFX 0.0320 2001-03-15 0.0000 822 368 -0.0184 0.0017 0.0024 -0.0091 Share classes F-1 (before taxes) 67 211 0.00 0.0025 0.0341 0.0066 0 0.0000 AICCX 0.0246 2001-03-15 0.0100 1702 776 -0.0354 0.0018 0.0024 1702 -0.0167 449 776 Share classes C (before taxes) 245 449 0.00 0.0100 0.0262 0.0142 145 0 0.0000 AICBX 0.0254 2000-03-15 0.0500 1447 955 -0.0734 0.0014 0.0024 1447 -0.0197 437 755 Share classes B (before taxes) 640 837 0.00 0.0100 0.0283 0.0138 140 0 0.0000 RICFX 0.0382 2002-05-15 0.0000 443 197 -0.0150 0.0011 0.0024 -0.0061 Share classes R-5 (before taxes) 36 113 0.00 0.0000 0.0035 0 0.0000 RICEX 0.0358 2002-05-28 0.0000 810 362 -0.0183 0.0016 0.0024 -0.0091 Share classes R-4 (before taxes) 66 208 0.00 0.0025 0.0065 0 0.0000 RICCX 0.0351 2002-06-04 0.0000 1190 536 -0.0211 0.0023 0.0024 -0.0121 Share classes R-3 (before taxes) 99 309 0.00 0.0050 0.0097 0 0.0000 RICBX 0.0277 2002-05-21 0.0000 1691 771 -0.0255 0.0042 0.0024 -0.0170 Share classes R-2 (before taxes) 144 446 0.00 0.0075 0.0141 0 0.0000 RICAX 0.0317 2002-06-06 0.0000 1691 771 -0.0255 0.0017 0.0024 -0.0166 Share classes R-1 (before taxes) 144 446 0.00 0.0100 0.0141 0 0.0000 AIVSX 0.1188 1934-01-01 0.0100 2008-12-31 -0.1447 -0.1897 0.0978 0.1086 1293 896 0.0594 0.1530 -0.0741 0.0014 -0.3474 0.0024 0.2718 -0.0203 0.0687 Share class A - Before taxes 634 2009-06-30 0.0205 759 0.00 0.2630 Class A annualized 30-day yield at December 31, 2011: 0.0023 0.0287 0.0061 0.1594 -0.0176 0 Lowest Highest 0.0575 800/325-3590 -0.0442 -0.0173 Share class A - After taxes on distributions and sale of fund shares 0.0236 -0.0770 -0.0253 Share class A - After taxes on distributions 0.0219 -0.0182 -0.0117 Lipper Growth & Income Funds Index (reflects no deductions for sales charges, account fees or taxes) 0.0312 0.1055 1934-01-01 0.0209 -0.0025 S&P 500 (reflects no deductions for sales charges, account fees, expenses or taxes) 0.0292 0000051931 ck0000051931:SummaryS000009597Memberck0000051931:S000009597Memberck0000051931:RRINDEX00001Member 2012-03-01 2012-03-01 0000051931 ck0000051931:SummaryS000009597Memberck0000051931:S000009597Memberck0000051931:RRINDEX00003Member 2012-03-01 2012-03-01 0000051931 ck0000051931:SummaryS000009597Memberck0000051931:S000009597Memberrr:AfterTaxesOnDistributionsMemberck0000051931:C000026214Member 2012-03-01 2012-03-01 0000051931 ck0000051931:SummaryS000009597Memberck0000051931:S000009597Memberrr:AfterTaxesOnDistributionsAndSalesMemberck0000051931:C000026214Member 2012-03-01 2012-03-01 0000051931 ck0000051931:SummaryS000009597Memberck0000051931:S000009597Memberck0000051931:C000026214Member 2012-03-01 2012-03-01 0000051931 ck0000051931:SummaryS000009597Memberck0000051931:S000009597Memberck0000051931:C000026215Member 2012-03-01 2012-03-01 0000051931 ck0000051931:SummaryS000009597Memberck0000051931:S000009597Memberck0000051931:C000026216Member 2012-03-01 2012-03-01 0000051931 ck0000051931:SummaryS000009597Memberck0000051931:S000009597Memberck0000051931:C000026217Member 2012-03-01 2012-03-01 0000051931 ck0000051931:SummaryS000009597Memberck0000051931:S000009597Memberck0000051931:C000026218Member 2012-03-01 2012-03-01 0000051931 ck0000051931:SummaryS000009597Memberck0000051931:S000009597Memberck0000051931:C000026219Member 2012-03-01 2012-03-01 0000051931 ck0000051931:SummaryS000009597Memberck0000051931:S000009597Memberck0000051931:C000026220Member 2012-03-01 2012-03-01 0000051931 ck0000051931:SummaryS000009597Memberck0000051931:S000009597Memberck0000051931:C000026221Member 2012-03-01 2012-03-01 0000051931 ck0000051931:SummaryS000009597Memberck0000051931:S000009597Memberck0000051931:C000026222Member 2012-03-01 2012-03-01 0000051931 ck0000051931:SummaryS000009597Memberck0000051931:S000009597Memberck0000051931:C000026223Member 2012-03-01 2012-03-01 0000051931 ck0000051931:SummaryS000009597Memberck0000051931:S000009597Memberck0000051931:C000026224Member 2012-03-01 2012-03-01 0000051931 ck0000051931:SummaryS000009597Memberck0000051931:S000009597Memberck0000051931:C000026225Member 2012-03-01 2012-03-01 0000051931 ck0000051931:SummaryS000009597Memberck0000051931:S000009597Memberck0000051931:C000026226Member 2012-03-01 2012-03-01 0000051931 ck0000051931:SummaryS000009597Memberck0000051931:S000009597Memberck0000051931:C000026227Member 2012-03-01 2012-03-01 0000051931 ck0000051931:SummaryS000009597Memberck0000051931:S000009597Memberck0000051931:C000068572Member 2012-03-01 2012-03-01 0000051931 ck0000051931:SummaryS000009597Memberck0000051931:S000009597Memberck0000051931:C000077857Member 2012-03-01 2012-03-01 0000051931 ck0000051931:SummaryS000009597Memberck0000051931:S000009597Member 2012-03-01 2012-03-01 0000051931 2012-03-01 2012-03-01 pure iso4217:USD A contingent deferred sales charge of 1.00% applies on certain redemptions within one year following purchases of $1 million or more made without an initial sales charge. 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Label Element Value
Risk Return [Abstract] rr_RiskReturnAbstract  
ProspectusDate rr_ProspectusDate Mar. 01, 2012
INVESTMENT CO OF AMERICA (Prospectus Summary) | INVESTMENT CO OF AMERICA
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Risk/Return, Heading rr_RiskReturnHeading The Investment Company of America®
Investment Objective, Heading rr_ObjectiveHeading Investment objectives
investment Objective, Primary rr_ObjectivePrimaryTextBlock The fund's investment objectives are to achieve long-term growth of capital and
income.
Expense, Heading rr_ExpenseHeading Fees and expenses of the fund
Expense, Narrative rr_ExpenseNarrativeTextBlock This table describes the fees and expenses that you may pay if you buy and hold
shares of the fund. You may qualify for sales charge discounts if you and your
family invest, or agree to invest in the future, at least $25,000 in American
Funds. More information about these and other discounts is available from your
financial professional and in the "Sales charge reductions and waivers" section
on page 26 of the prospectus and on page 57 of the fund's statement of
additional information.
Shareholder Fees, Caption rr_ShareholderFeesCaption Shareholder fees (fees paid directly from your investment)
Operating Expenses, Caption rr_OperatingExpensesCaption Annual fund operating expenses (expenses that you pay each year as a percentage of the value of your investment)
Portfolio Turnover, Heading rr_PortfolioTurnoverHeading Portfolio turnover
Portfolio Turnover rr_PortfolioTurnoverTextBlock The fund pays transaction costs, such as commissions, when it buys and sells
securities (or "turns over" its portfolio). A higher portfolio turnover rate
may indicate higher transaction costs and may result in higher taxes when
fund shares are held in a taxable account. These costs, which are not
reflected in annual fund operating expenses or in the example, affect the fund's
investment results. During the most recent fiscal year, the fund's portfolio
turnover rate was 28% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 28.00%
Expense Breakpoint, Discounts rr_ExpenseBreakpointDiscounts You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $25,000 in American Funds.
Expense Breakpoint, Minimum Investment Required Amount rr_ExpenseBreakpointMinimumInvestmentRequiredAmount 25,000
Expense Example, Heading rr_ExpenseExampleHeading Example
Expense Example, Narrative rr_ExpenseExampleNarrativeTextBlock This example is intended to help you compare the cost of investing in
the fund with the cost of investing in other mutual funds.

The example assumes that you invest $10,000 in the fund for the time periods
indicated and then redeem all of your shares at the end of those periods. The
example also assumes that your investment has a 5% return each year and that the
fund's operating expenses remain the same.
Expense Example, By Year, Caption rr_ExpenseExampleByYearCaption Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Expense Example, No Redemption, By Year, Caption rr_ExpenseExampleNoRedemptionByYearCaption For the share classes listed below, you would pay the following if you did not redeem your shares:
Investment Strategy, Heading rr_StrategyHeading Principal investment strategies
Investment Strategy, Narrative rr_StrategyNarrativeTextBlock The fund invests primarily in common stocks, most of which have a history of
paying dividends. The fund's investments are limited to securities of companies
that are included on its eligible list. In light of the fund's investment
objectives and policies, securities are added to, or deleted from, the eligible
list by the fund's board of trustees after reviewing and acting upon the
recommendations of the fund's investment adviser. The investment adviser bases
its recommendations on a number of factors, such as the fund's investment
objectives and policies, whether a company is considered a leader in its
industry and a company's dividend payment prospects. Although the fund focuses
on investments in medium to larger capitalization companies, the fund's
investments are not limited to a particular capitalization size. In the
selection of common stocks and other securities for investment, potential for
capital appreciation and future dividends are given more weight than current
yield.

The fund may invest up to 15% of its assets, at the time of purchase, in
securities of issuers domiciled outside the United States.

The investment adviser uses a system of multiple portfolio counselors in
managing the fund's assets. Under this approach, the portfolio of the fund is
divided into segments managed by individual counselors who decide how their
respective segments will be invested.

The fund relies on the professional judgment of its investment adviser to make
decisions about the fund's portfolio investments. The basic investment
philosophy of the investment adviser is to seek to invest in attractively valued
companies that, in its opinion, represent good, long-term investment
opportunities. The investment adviser believes that an important way to
accomplish this is through fundamental analysis, which may include meeting with
company executives and employees, suppliers, customers and competitors.
Securities may be sold when the investment adviser believes that they no longer
represent relatively attractive investment opportunities.
Risk, Heading rr_RiskHeading Principal risks
Risk, Narrative rr_RiskNarrativeTextBlock This section describes the principal risks associated with the fund's principal
investment strategies. You may lose money by investing in the fund. The
likelihood of loss may be greater if you invest for a shorter period of time.
Investors in the fund should have a long-term perspective and be able to
tolerate potentially sharp declines in value.

Market conditions - The prices of, and the income generated by, the common
stocks and other securities held by the fund may decline due to market
conditions and other factors, including those directly involving the issuers of
securities held by the fund.

Investing in income-oriented stocks - Income provided by the fund may be
reduced by changes in the dividend policies of, and the capital resources
available at, the companies in which the fund invests.

Investing in growth-oriented stocks - Growth-oriented stocks may involve larger
price swings and greater potential for loss than other types of investments.

Investing outside the United States - Securities of issuers domiciled outside
the United States, or with significant operations outside the United States, may
lose value because of political, social, economic or market developments or
instability in the countries or regions in which the issuer operates. These
securities may also lose value due to changes in foreign currency exchange
rates against the U.S. dollar and/or currencies of other countries. Securities
markets in certain countries may be more volatile and/or less liquid than those
in the United States. Investments outside the United States may also be subject
to different settlement and accounting practices and different regulatory, legal
and reporting standards, and may be more difficult to value, than those in the
United States.

Management - The investment adviser to the fund actively manages the fund's
investments. Consequently, the fund is subject to the risk that the methods and
analyses employed by the investment adviser in this process may not produce
the desired results. This could cause the fund to lose value or its investment
results to lag relevant benchmarks or other funds with similar objectives.

Your investment in the fund is not a bank deposit and is not insured or
guaranteed by the Federal Deposit Insurance Corporation or any other
governmental agency, entity or person. You should consider how this fund fits
into your overall investment program.
Risk, Lose Money rr_RiskLoseMoney You may lose money by investing in the fund.
Risk, Not Insured Depository Institution rr_RiskNotInsuredDepositoryInstitution Your investment in the fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other governmental agency, entity or person.
Bar Chart and Performance Table, Heading rr_BarChartAndPerformanceTableHeading Investment results
Performance, Narrative rr_PerformanceNarrativeTextBlock The following bar chart shows how the fund's investment results have varied from
year to year, and the following table shows how the fund's average annual total
returns for various periods compare with different broad measures of market
results. This information provides some indication of the risks of investing in
the fund. The Lipper Growth & Income Funds Index includes the fund and other
funds that disclose investment objectives and/or strategies reasonably
comparable to the fund's objective and/or strategies. Past investment results
(before and after taxes) are not predictive of future investment results.
Updated information on the fund's investment results can be obtained by visiting
americanfunds.com.
Performance, Information Illustrates Variability of Returns rr_PerformanceInformationIllustratesVariabilityOfReturns The following bar chart shows how the fund's investment results have varied from year to year, and the following table shows how the fund's average annual total returns for various periods compare with different broad measures of market results.
Performance, Additional Market Index rr_PerformanceAdditionalMarketIndex The Lipper Growth & Income Funds Index includes the fund and other funds that disclose investment objectives and/or strategies reasonably comparable to the fund's objective and/or strategies.
Performance, Availability Website Address rr_PerformanceAvailabilityWebSiteAddress americanfunds.com
Performance, Past Does Not Indicate Future rr_PerformancePastDoesNotIndicateFuture Past investment results (before and after taxes) are not predictive of future investment results.
Bar Chart, Heading rr_BarChartHeading Calendar year total returns for Class A Shares
Bar Chart, Narrative rr_BarChartNarrativeTextBlock The following bar chart shows how the fund's investment results have varied from
year to year, and the following table shows how the fund's average annual total
returns for various periods compare with different broad measures of market
results.
Bar Chart, Does Not Reflect Sales Loads rr_BarChartDoesNotReflectSalesLoads (Results do not include a sales charge; if a sales charge were included, results would be lower.)
Bar Chart, Closing rr_BarChartClosingTextBlock Highest/Lowest quarterly results during this period were:

Highest 15.30% (quarter ended June 30, 2009)

Lowest -18.97% (quarter ended December 31, 2008)
Performance Table, Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns are calculated using the highest individual federal income tax rates in effect during each year of the periods shown and do not reflect the impact of state and local taxes.
Performance Table, Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Your actual after-tax returns depend on your individual tax situation and likely will differ from the results shown above. In addition, after-tax returns are not relevant if you hold your fund shares through a tax-deferred arrangement, such as a 401(k) plan, individual retirement account (IRA) or 529 college savings plan.
Performance Table, One Class of after Tax Shown rr_PerformanceTableOneClassOfAfterTaxShown After-tax returns are shown only for Class A shares
Performance Table, Narrative rr_PerformanceTableNarrativeTextBlock After-tax returns are shown only for Class A shares; after-tax returns for other
share classes will vary. After-tax returns are calculated using the highest
individual federal income tax rates in effect during each year of the periods
shown and do not reflect the impact of state and local taxes. Your actual
after-tax returns depend on your individual tax situation and likely will differ
from the results shown above. In addition, after-tax returns are not relevant if
you hold your fund shares through a tax-deferred arrangement, such as a 401(k)
plan, individual retirement account (IRA) or 529 college savings plan.
Performance Table, Footnotes rr_PerformanceTableFootnotesTextBlock Class A annualized 30-day yield at December 31, 2011: 2.05% (For current yield information, please call American FundsLine® at 800/325-3590.)
Average Annual Returns, Caption rr_AverageAnnualReturnCaption Average annual total returns For the periods ended December 31, 2011 (with maximum sales charge):
INVESTMENT CO OF AMERICA (Prospectus Summary) | INVESTMENT CO OF AMERICA | S&P 500
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Average Annual Returns, Label rr_AverageAnnualReturnLabel S&P 500 (reflects no deductions for sales charges, account fees, expenses or taxes)
Average Annual Returns, 1 Year rr_AverageAnnualReturnYear01 2.09%
Average Annual Returns, 5 Years rr_AverageAnnualReturnYear05 (0.25%)
Average Annual Returns, 10 Years rr_AverageAnnualReturnYear10 2.92%
Average Annual Returns, Since Inception rr_AverageAnnualReturnSinceInception 10.55%
Average Annual Returns, Inception Date rr_AverageAnnualReturnInceptionDate Jan. 01, 1934
INVESTMENT CO OF AMERICA (Prospectus Summary) | INVESTMENT CO OF AMERICA | Lipper Growth & Income Funds Index
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Average Annual Returns, Label rr_AverageAnnualReturnLabel Lipper Growth & Income Funds Index (reflects no deductions for sales charges, account fees or taxes)
Average Annual Returns, 1 Year rr_AverageAnnualReturnYear01 (1.82%)
Average Annual Returns, 5 Years rr_AverageAnnualReturnYear05 (1.17%)
Average Annual Returns, 10 Years rr_AverageAnnualReturnYear10 3.12%
INVESTMENT CO OF AMERICA (Prospectus Summary) | INVESTMENT CO OF AMERICA | Class A
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 5.75%
Maximum deferred sales charge (load) (as a percentage of the amount redeemed) rr_MaximumDeferredSalesChargeOverOfferingPrice 1.00% [1]
Maximum sales charge (load) imposed on reinvested dividends rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fees rr_RedemptionFee none
Management fees rr_ManagementFeesOverAssets 0.24%
Distribution and/or service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets 0.23%
Other expenses rr_OtherExpensesOverAssets 0.14%
Total annual fund operating expenses rr_ExpensesOverAssets 0.61%
Expense Example, With Redemption, 1 Year rr_ExpenseExampleYear01 634
Expense Example, With Redemption, 3 Years rr_ExpenseExampleYear03 759
Expense Example, With Redemption, 5 Years rr_ExpenseExampleYear05 896
Expense Example, With Redemption, 10 Years rr_ExpenseExampleYear10 1,293
Annual Return 2002 rr_AnnualReturn2002 (14.47%)
Annual Return 2003 rr_AnnualReturn2003 26.30%
Annual Return 2004 rr_AnnualReturn2004 9.78%
Annual Return 2005 rr_AnnualReturn2005 6.87%
Annual Return 2006 rr_AnnualReturn2006 15.94%
Annual Return 2007 rr_AnnualReturn2007 5.94%
Annual Return 2008 rr_AnnualReturn2008 (34.74%)
Annual Return 2009 rr_AnnualReturn2009 27.18%
Annual Return 2010 rr_AnnualReturn2010 10.86%
Annual Return 2011 rr_AnnualReturn2011 (1.76%)
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Highest
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Jun. 30, 2009
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 15.30%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Lowest
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2008
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (18.97%)
Average Annual Returns, Label rr_AverageAnnualReturnLabel Share class A - Before taxes
Average Annual Returns, 1 Year rr_AverageAnnualReturnYear01 (7.41%)
Average Annual Returns, 5 Years rr_AverageAnnualReturnYear05 (2.03%)
Average Annual Returns, 10 Years rr_AverageAnnualReturnYear10 2.87%
Average Annual Returns, Since Inception rr_AverageAnnualReturnSinceInception 11.88%
Average Annual Returns, Inception Date rr_AverageAnnualReturnInceptionDate Jan. 01, 1934
Thirty Day Yield, Caption rr_ThirtyDayYieldCaption Class A annualized 30-day yield at December 31, 2011:
Thirty Day Yield, Phone Number rr_ThirtyDayYieldPhone 800/325-3590
Thirty Day Yield rr_ThirtyDayYield 2.05%
INVESTMENT CO OF AMERICA (Prospectus Summary) | INVESTMENT CO OF AMERICA | Class A | After Taxes on Distributions
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Average Annual Returns, Label rr_AverageAnnualReturnLabel Share class A - After taxes on distributions
Average Annual Returns, 1 Year rr_AverageAnnualReturnYear01 (7.70%)
Average Annual Returns, 5 Years rr_AverageAnnualReturnYear05 (2.53%)
Average Annual Returns, 10 Years rr_AverageAnnualReturnYear10 2.19%
INVESTMENT CO OF AMERICA (Prospectus Summary) | INVESTMENT CO OF AMERICA | Class A | After Taxes on Distributions and Sales
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Average Annual Returns, Label rr_AverageAnnualReturnLabel Share class A - After taxes on distributions and sale of fund shares
Average Annual Returns, 1 Year rr_AverageAnnualReturnYear01 (4.42%)
Average Annual Returns, 5 Years rr_AverageAnnualReturnYear05 (1.73%)
Average Annual Returns, 10 Years rr_AverageAnnualReturnYear10 2.36%
INVESTMENT CO OF AMERICA (Prospectus Summary) | INVESTMENT CO OF AMERICA | Class B
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge (load) (as a percentage of the amount redeemed) rr_MaximumDeferredSalesChargeOverOfferingPrice 5.00%
Maximum sales charge (load) imposed on reinvested dividends rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fees rr_RedemptionFee none
Management fees rr_ManagementFeesOverAssets 0.24%
Distribution and/or service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets 1.00%
Other expenses rr_OtherExpensesOverAssets 0.14%
Total annual fund operating expenses rr_ExpensesOverAssets 1.38%
Expense Example, With Redemption, 1 Year rr_ExpenseExampleYear01 640
Expense Example, With Redemption, 3 Years rr_ExpenseExampleYear03 837
Expense Example, With Redemption, 5 Years rr_ExpenseExampleYear05 955
Expense Example, With Redemption, 10 Years rr_ExpenseExampleYear10 1,447
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 140
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 437
Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 755
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 1,447
Average Annual Returns, Label rr_AverageAnnualReturnLabel Share classes B (before taxes)
Average Annual Returns, 1 Year rr_AverageAnnualReturnYear01 (7.34%)
Average Annual Returns, 5 Years rr_AverageAnnualReturnYear05 (1.97%)
Average Annual Returns, 10 Years rr_AverageAnnualReturnYear10 2.83%
Average Annual Returns, Since Inception rr_AverageAnnualReturnSinceInception 2.54%
Average Annual Returns, Inception Date rr_AverageAnnualReturnInceptionDate Mar. 15, 2000
INVESTMENT CO OF AMERICA (Prospectus Summary) | INVESTMENT CO OF AMERICA | Class C
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge (load) (as a percentage of the amount redeemed) rr_MaximumDeferredSalesChargeOverOfferingPrice 1.00%
Maximum sales charge (load) imposed on reinvested dividends rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fees rr_RedemptionFee none
Management fees rr_ManagementFeesOverAssets 0.24%
Distribution and/or service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets 1.00%
Other expenses rr_OtherExpensesOverAssets 0.18%
Total annual fund operating expenses rr_ExpensesOverAssets 1.42%
Expense Example, With Redemption, 1 Year rr_ExpenseExampleYear01 245
Expense Example, With Redemption, 3 Years rr_ExpenseExampleYear03 449
Expense Example, With Redemption, 5 Years rr_ExpenseExampleYear05 776
Expense Example, With Redemption, 10 Years rr_ExpenseExampleYear10 1,702
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 145
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 449
Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 776
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 1,702
Average Annual Returns, Label rr_AverageAnnualReturnLabel Share classes C (before taxes)
Average Annual Returns, 1 Year rr_AverageAnnualReturnYear01 (3.54%)
Average Annual Returns, 5 Years rr_AverageAnnualReturnYear05 (1.67%)
Average Annual Returns, 10 Years rr_AverageAnnualReturnYear10 2.62%
Average Annual Returns, Since Inception rr_AverageAnnualReturnSinceInception 2.46%
Average Annual Returns, Inception Date rr_AverageAnnualReturnInceptionDate Mar. 15, 2001
INVESTMENT CO OF AMERICA (Prospectus Summary) | INVESTMENT CO OF AMERICA | Class F-1
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge (load) (as a percentage of the amount redeemed) rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge (load) imposed on reinvested dividends rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fees rr_RedemptionFee none
Management fees rr_ManagementFeesOverAssets 0.24%
Distribution and/or service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Other expenses rr_OtherExpensesOverAssets 0.17%
Total annual fund operating expenses rr_ExpensesOverAssets 0.66%
Expense Example, With Redemption, 1 Year rr_ExpenseExampleYear01 67
Expense Example, With Redemption, 3 Years rr_ExpenseExampleYear03 211
Expense Example, With Redemption, 5 Years rr_ExpenseExampleYear05 368
Expense Example, With Redemption, 10 Years rr_ExpenseExampleYear10 822
Average Annual Returns, Label rr_AverageAnnualReturnLabel Share classes F-1 (before taxes)
Average Annual Returns, 1 Year rr_AverageAnnualReturnYear01 (1.84%)
Average Annual Returns, 5 Years rr_AverageAnnualReturnYear05 (0.91%)
Average Annual Returns, 10 Years rr_AverageAnnualReturnYear10 3.41%
Average Annual Returns, Since Inception rr_AverageAnnualReturnSinceInception 3.20%
Average Annual Returns, Inception Date rr_AverageAnnualReturnInceptionDate Mar. 15, 2001
INVESTMENT CO OF AMERICA (Prospectus Summary) | INVESTMENT CO OF AMERICA | Class F-2
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge (load) (as a percentage of the amount redeemed) rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge (load) imposed on reinvested dividends rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fees rr_RedemptionFee none
Management fees rr_ManagementFeesOverAssets 0.24%
Distribution and/or service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets none
Other expenses rr_OtherExpensesOverAssets 0.16%
Total annual fund operating expenses rr_ExpensesOverAssets 0.40%
Expense Example, With Redemption, 1 Year rr_ExpenseExampleYear01 41
Expense Example, With Redemption, 3 Years rr_ExpenseExampleYear03 128
Expense Example, With Redemption, 5 Years rr_ExpenseExampleYear05 224
Expense Example, With Redemption, 10 Years rr_ExpenseExampleYear10 505
Average Annual Returns, Label rr_AverageAnnualReturnLabel Share classes F-2 (before taxes)
Average Annual Returns, 1 Year rr_AverageAnnualReturnYear01 (1.54%)
Average Annual Returns, Since Inception rr_AverageAnnualReturnSinceInception 1.16%
Average Annual Returns, Inception Date rr_AverageAnnualReturnInceptionDate Aug. 01, 2008
INVESTMENT CO OF AMERICA (Prospectus Summary) | INVESTMENT CO OF AMERICA | Class 529-A
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 5.75%
Maximum deferred sales charge (load) (as a percentage of the amount redeemed) rr_MaximumDeferredSalesChargeOverOfferingPrice 1.00% [1]
Maximum sales charge (load) imposed on reinvested dividends rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fees rr_RedemptionFee none
Maximum annual account fee (529 share classes only) rr_MaximumAccountFee 10
Management fees rr_ManagementFeesOverAssets 0.24%
Distribution and/or service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets 0.22%
Other expenses rr_OtherExpensesOverAssets 0.24%
Total annual fund operating expenses rr_ExpensesOverAssets 0.70%
Expense Example, With Redemption, 1 Year rr_ExpenseExampleYear01 662
Expense Example, With Redemption, 3 Years rr_ExpenseExampleYear03 825
Expense Example, With Redemption, 5 Years rr_ExpenseExampleYear05 1,001
Expense Example, With Redemption, 10 Years rr_ExpenseExampleYear10 1,501
Average Annual Returns, Label rr_AverageAnnualReturnLabel Share classes 529-A (before taxes)
Average Annual Returns, 1 Year rr_AverageAnnualReturnYear01 (7.50%)
Average Annual Returns, 5 Years rr_AverageAnnualReturnYear05 (2.11%)
Average Annual Returns, Since Inception rr_AverageAnnualReturnSinceInception 3.05%
Average Annual Returns, Inception Date rr_AverageAnnualReturnInceptionDate Feb. 15, 2002
INVESTMENT CO OF AMERICA (Prospectus Summary) | INVESTMENT CO OF AMERICA | Class 529-B
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge (load) (as a percentage of the amount redeemed) rr_MaximumDeferredSalesChargeOverOfferingPrice 5.00%
Maximum sales charge (load) imposed on reinvested dividends rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fees rr_RedemptionFee none
Maximum annual account fee (529 share classes only) rr_MaximumAccountFee 10
Management fees rr_ManagementFeesOverAssets 0.24%
Distribution and/or service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets 1.00%
Other expenses rr_OtherExpensesOverAssets 0.26%
Total annual fund operating expenses rr_ExpensesOverAssets 1.50%
Expense Example, With Redemption, 1 Year rr_ExpenseExampleYear01 672
Expense Example, With Redemption, 3 Years rr_ExpenseExampleYear03 913
Expense Example, With Redemption, 5 Years rr_ExpenseExampleYear05 1,076
Expense Example, With Redemption, 10 Years rr_ExpenseExampleYear10 1,676
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 172
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 513
Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 876
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 1,676
Average Annual Returns, Label rr_AverageAnnualReturnLabel Share classes 529-B (before taxes)
Average Annual Returns, 1 Year rr_AverageAnnualReturnYear01 (7.44%)
Average Annual Returns, 5 Years rr_AverageAnnualReturnYear05 (2.08%)
Average Annual Returns, Since Inception rr_AverageAnnualReturnSinceInception 2.97%
Average Annual Returns, Inception Date rr_AverageAnnualReturnInceptionDate Feb. 15, 2002
INVESTMENT CO OF AMERICA (Prospectus Summary) | INVESTMENT CO OF AMERICA | Class 529-C
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge (load) (as a percentage of the amount redeemed) rr_MaximumDeferredSalesChargeOverOfferingPrice 1.00%
Maximum sales charge (load) imposed on reinvested dividends rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fees rr_RedemptionFee none
Maximum annual account fee (529 share classes only) rr_MaximumAccountFee 10
Management fees rr_ManagementFeesOverAssets 0.24%
Distribution and/or service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets 0.99%
Other expenses rr_OtherExpensesOverAssets 0.26%
Total annual fund operating expenses rr_ExpensesOverAssets 1.49%
Expense Example, With Redemption, 1 Year rr_ExpenseExampleYear01 271
Expense Example, With Redemption, 3 Years rr_ExpenseExampleYear03 510
Expense Example, With Redemption, 5 Years rr_ExpenseExampleYear05 870
Expense Example, With Redemption, 10 Years rr_ExpenseExampleYear10 1,879
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 171
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 510
Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 870
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 1,879
Average Annual Returns, Label rr_AverageAnnualReturnLabel Share classes 529-C (before taxes)
Average Annual Returns, 1 Year rr_AverageAnnualReturnYear01 (3.58%)
Average Annual Returns, 5 Years rr_AverageAnnualReturnYear05 (1.72%)
Average Annual Returns, Since Inception rr_AverageAnnualReturnSinceInception 2.98%
Average Annual Returns, Inception Date rr_AverageAnnualReturnInceptionDate Feb. 19, 2002
INVESTMENT CO OF AMERICA (Prospectus Summary) | INVESTMENT CO OF AMERICA | Class 529-E
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge (load) (as a percentage of the amount redeemed) rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge (load) imposed on reinvested dividends rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fees rr_RedemptionFee none
Maximum annual account fee (529 share classes only) rr_MaximumAccountFee 10
Management fees rr_ManagementFeesOverAssets 0.24%
Distribution and/or service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets 0.50%
Other expenses rr_OtherExpensesOverAssets 0.23%
Total annual fund operating expenses rr_ExpensesOverAssets 0.97%
Expense Example, With Redemption, 1 Year rr_ExpenseExampleYear01 119
Expense Example, With Redemption, 3 Years rr_ExpenseExampleYear03 348
Expense Example, With Redemption, 5 Years rr_ExpenseExampleYear05 594
Expense Example, With Redemption, 10 Years rr_ExpenseExampleYear10 1,293
Average Annual Returns, Label rr_AverageAnnualReturnLabel Share classes 529-E (before taxes)
Average Annual Returns, 1 Year rr_AverageAnnualReturnYear01 (2.15%)
Average Annual Returns, 5 Years rr_AverageAnnualReturnYear05 (1.23%)
Average Annual Returns, Since Inception rr_AverageAnnualReturnSinceInception 3.13%
Average Annual Returns, Inception Date rr_AverageAnnualReturnInceptionDate Mar. 01, 2002
INVESTMENT CO OF AMERICA (Prospectus Summary) | INVESTMENT CO OF AMERICA | Class 529-F-1
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge (load) (as a percentage of the amount redeemed) rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge (load) imposed on reinvested dividends rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fees rr_RedemptionFee none
Maximum annual account fee (529 share classes only) rr_MaximumAccountFee 10
Management fees rr_ManagementFeesOverAssets 0.24%
Distribution and/or service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets none
Other expenses rr_OtherExpensesOverAssets 0.25%
Total annual fund operating expenses rr_ExpensesOverAssets 0.49%
Expense Example, With Redemption, 1 Year rr_ExpenseExampleYear01 70
Expense Example, With Redemption, 3 Years rr_ExpenseExampleYear03 197
Expense Example, With Redemption, 5 Years rr_ExpenseExampleYear05 333
Expense Example, With Redemption, 10 Years rr_ExpenseExampleYear10 723
Average Annual Returns, Label rr_AverageAnnualReturnLabel Share classes 529-F-1 (before taxes)
Average Annual Returns, 1 Year rr_AverageAnnualReturnYear01 (1.62%)
Average Annual Returns, 5 Years rr_AverageAnnualReturnYear05 (0.74%)
Average Annual Returns, Since Inception rr_AverageAnnualReturnSinceInception 5.53%
Average Annual Returns, Inception Date rr_AverageAnnualReturnInceptionDate Sep. 16, 2002
INVESTMENT CO OF AMERICA (Prospectus Summary) | INVESTMENT CO OF AMERICA | Class R-1
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge (load) (as a percentage of the amount redeemed) rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge (load) imposed on reinvested dividends rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fees rr_RedemptionFee none
Management fees rr_ManagementFeesOverAssets 0.24%
Distribution and/or service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets 1.00%
Other expenses rr_OtherExpensesOverAssets 0.17%
Total annual fund operating expenses rr_ExpensesOverAssets 1.41%
Expense Example, With Redemption, 1 Year rr_ExpenseExampleYear01 144
Expense Example, With Redemption, 3 Years rr_ExpenseExampleYear03 446
Expense Example, With Redemption, 5 Years rr_ExpenseExampleYear05 771
Expense Example, With Redemption, 10 Years rr_ExpenseExampleYear10 1,691
Average Annual Returns, Label rr_AverageAnnualReturnLabel Share classes R-1 (before taxes)
Average Annual Returns, 1 Year rr_AverageAnnualReturnYear01 (2.55%)
Average Annual Returns, 5 Years rr_AverageAnnualReturnYear05 (1.66%)
Average Annual Returns, Since Inception rr_AverageAnnualReturnSinceInception 3.17%
Average Annual Returns, Inception Date rr_AverageAnnualReturnInceptionDate Jun. 06, 2002
INVESTMENT CO OF AMERICA (Prospectus Summary) | INVESTMENT CO OF AMERICA | Class R-2
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge (load) (as a percentage of the amount redeemed) rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge (load) imposed on reinvested dividends rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fees rr_RedemptionFee none
Management fees rr_ManagementFeesOverAssets 0.24%
Distribution and/or service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets 0.75%
Other expenses rr_OtherExpensesOverAssets 0.42%
Total annual fund operating expenses rr_ExpensesOverAssets 1.41%
Expense Example, With Redemption, 1 Year rr_ExpenseExampleYear01 144
Expense Example, With Redemption, 3 Years rr_ExpenseExampleYear03 446
Expense Example, With Redemption, 5 Years rr_ExpenseExampleYear05 771
Expense Example, With Redemption, 10 Years rr_ExpenseExampleYear10 1,691
Average Annual Returns, Label rr_AverageAnnualReturnLabel Share classes R-2 (before taxes)
Average Annual Returns, 1 Year rr_AverageAnnualReturnYear01 (2.55%)
Average Annual Returns, 5 Years rr_AverageAnnualReturnYear05 (1.70%)
Average Annual Returns, Since Inception rr_AverageAnnualReturnSinceInception 2.77%
Average Annual Returns, Inception Date rr_AverageAnnualReturnInceptionDate May 21, 2002
INVESTMENT CO OF AMERICA (Prospectus Summary) | INVESTMENT CO OF AMERICA | Class R-3
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge (load) (as a percentage of the amount redeemed) rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge (load) imposed on reinvested dividends rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fees rr_RedemptionFee none
Management fees rr_ManagementFeesOverAssets 0.24%
Distribution and/or service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets 0.50%
Other expenses rr_OtherExpensesOverAssets 0.23%
Total annual fund operating expenses rr_ExpensesOverAssets 0.97%
Expense Example, With Redemption, 1 Year rr_ExpenseExampleYear01 99
Expense Example, With Redemption, 3 Years rr_ExpenseExampleYear03 309
Expense Example, With Redemption, 5 Years rr_ExpenseExampleYear05 536
Expense Example, With Redemption, 10 Years rr_ExpenseExampleYear10 1,190
Average Annual Returns, Label rr_AverageAnnualReturnLabel Share classes R-3 (before taxes)
Average Annual Returns, 1 Year rr_AverageAnnualReturnYear01 (2.11%)
Average Annual Returns, 5 Years rr_AverageAnnualReturnYear05 (1.21%)
Average Annual Returns, Since Inception rr_AverageAnnualReturnSinceInception 3.51%
Average Annual Returns, Inception Date rr_AverageAnnualReturnInceptionDate Jun. 04, 2002
INVESTMENT CO OF AMERICA (Prospectus Summary) | INVESTMENT CO OF AMERICA | Class R-4
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge (load) (as a percentage of the amount redeemed) rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge (load) imposed on reinvested dividends rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fees rr_RedemptionFee none
Management fees rr_ManagementFeesOverAssets 0.24%
Distribution and/or service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Other expenses rr_OtherExpensesOverAssets 0.16%
Total annual fund operating expenses rr_ExpensesOverAssets 0.65%
Expense Example, With Redemption, 1 Year rr_ExpenseExampleYear01 66
Expense Example, With Redemption, 3 Years rr_ExpenseExampleYear03 208
Expense Example, With Redemption, 5 Years rr_ExpenseExampleYear05 362
Expense Example, With Redemption, 10 Years rr_ExpenseExampleYear10 810
Average Annual Returns, Label rr_AverageAnnualReturnLabel Share classes R-4 (before taxes)
Average Annual Returns, 1 Year rr_AverageAnnualReturnYear01 (1.83%)
Average Annual Returns, 5 Years rr_AverageAnnualReturnYear05 (0.91%)
Average Annual Returns, Since Inception rr_AverageAnnualReturnSinceInception 3.58%
Average Annual Returns, Inception Date rr_AverageAnnualReturnInceptionDate May 28, 2002
INVESTMENT CO OF AMERICA (Prospectus Summary) | INVESTMENT CO OF AMERICA | Class R-5
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge (load) (as a percentage of the amount redeemed) rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge (load) imposed on reinvested dividends rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fees rr_RedemptionFee none
Management fees rr_ManagementFeesOverAssets 0.24%
Distribution and/or service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets none
Other expenses rr_OtherExpensesOverAssets 0.11%
Total annual fund operating expenses rr_ExpensesOverAssets 0.35%
Expense Example, With Redemption, 1 Year rr_ExpenseExampleYear01 36
Expense Example, With Redemption, 3 Years rr_ExpenseExampleYear03 113
Expense Example, With Redemption, 5 Years rr_ExpenseExampleYear05 197
Expense Example, With Redemption, 10 Years rr_ExpenseExampleYear10 443
Average Annual Returns, Label rr_AverageAnnualReturnLabel Share classes R-5 (before taxes)
Average Annual Returns, 1 Year rr_AverageAnnualReturnYear01 (1.50%)
Average Annual Returns, 5 Years rr_AverageAnnualReturnYear05 (0.61%)
Average Annual Returns, Since Inception rr_AverageAnnualReturnSinceInception 3.82%
Average Annual Returns, Inception Date rr_AverageAnnualReturnInceptionDate May 15, 2002
INVESTMENT CO OF AMERICA (Prospectus Summary) | INVESTMENT CO OF AMERICA | Class R-6
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum deferred sales charge (load) (as a percentage of the amount redeemed) rr_MaximumDeferredSalesChargeOverOfferingPrice none
Maximum sales charge (load) imposed on reinvested dividends rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fees rr_RedemptionFee none
Management fees rr_ManagementFeesOverAssets 0.24%
Distribution and/or service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets none
Other expenses rr_OtherExpensesOverAssets 0.06%
Total annual fund operating expenses rr_ExpensesOverAssets 0.30%
Expense Example, With Redemption, 1 Year rr_ExpenseExampleYear01 31
Expense Example, With Redemption, 3 Years rr_ExpenseExampleYear03 97
Expense Example, With Redemption, 5 Years rr_ExpenseExampleYear05 169
Expense Example, With Redemption, 10 Years rr_ExpenseExampleYear10 381
Average Annual Returns, Label rr_AverageAnnualReturnLabel Share classes R-6 (before taxes)
Average Annual Returns, 1 Year rr_AverageAnnualReturnYear01 (1.45%)
Average Annual Returns, Since Inception rr_AverageAnnualReturnSinceInception 13.43%
Average Annual Returns, Inception Date rr_AverageAnnualReturnInceptionDate May 01, 2009
[1] A contingent deferred sales charge of 1.00% applies on certain redemptions within one year following purchases of $1 million or more made without an initial sales charge.
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INVESTMENT CO OF AMERICA (Prospectus Summary) | INVESTMENT CO OF AMERICA
The Investment Company of America®
Investment objectives
The fund's investment objectives are to achieve long-term growth of capital and
income.
Fees and expenses of the fund
This table describes the fees and expenses that you may pay if you buy and hold
shares of the fund. You may qualify for sales charge discounts if you and your
family invest, or agree to invest in the future, at least $25,000 in American
Funds. More information about these and other discounts is available from your
financial professional and in the "Sales charge reductions and waivers" section
on page 26 of the prospectus and on page 57 of the fund's statement of
additional information.
Shareholder fees (fees paid directly from your investment)
Shareholder Fees INVESTMENT CO OF AMERICA (USD $)
Class A
Class B
Class C
Class F-1
Class F-2
Class 529-A
Class 529-B
Class 529-C
Class 529-E
Class 529-F-1
Class R-1
Class R-2
Class R-3
Class R-4
Class R-5
Class R-6
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) 5.75% none none none none 5.75% none none none none none none none none none none
Maximum deferred sales charge (load) (as a percentage of the amount redeemed) 1.00% [1] 5.00% 1.00% none none 1.00% [1] 5.00% 1.00% none none none none none none none none
Maximum sales charge (load) imposed on reinvested dividends none none none none none none none none none none none none none none none none
Redemption or exchange fees none none none none none none none none none none none none none none none none
Maximum annual account fee (529 share classes only)           10 10 10 10 10            
[1] A contingent deferred sales charge of 1.00% applies on certain redemptions within one year following purchases of $1 million or more made without an initial sales charge.
Annual fund operating expenses (expenses that you pay each year as a percentage of the value of your investment)
Annual Fund Operating Expenses INVESTMENT CO OF AMERICA
Class A
Class B
Class C
Class F-1
Class F-2
Class 529-A
Class 529-B
Class 529-C
Class 529-E
Class 529-F-1
Class R-1
Class R-2
Class R-3
Class R-4
Class R-5
Class R-6
Management fees 0.24% 0.24% 0.24% 0.24% 0.24% 0.24% 0.24% 0.24% 0.24% 0.24% 0.24% 0.24% 0.24% 0.24% 0.24% 0.24%
Distribution and/or service (12b-1) fees 0.23% 1.00% 1.00% 0.25% none 0.22% 1.00% 0.99% 0.50% none 1.00% 0.75% 0.50% 0.25% none none
Other expenses 0.14% 0.14% 0.18% 0.17% 0.16% 0.24% 0.26% 0.26% 0.23% 0.25% 0.17% 0.42% 0.23% 0.16% 0.11% 0.06%
Total annual fund operating expenses 0.61% 1.38% 1.42% 0.66% 0.40% 0.70% 1.50% 1.49% 0.97% 0.49% 1.41% 1.41% 0.97% 0.65% 0.35% 0.30%
Example
This example is intended to help you compare the cost of investing in
the fund with the cost of investing in other mutual funds.

The example assumes that you invest $10,000 in the fund for the time periods
indicated and then redeem all of your shares at the end of those periods. The
example also assumes that your investment has a 5% return each year and that the
fund's operating expenses remain the same.
Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Expense Example INVESTMENT CO OF AMERICA (USD $)
Expense Example, With Redemption, 1 Year
Expense Example, With Redemption, 3 Years
Expense Example, With Redemption, 5 Years
Expense Example, With Redemption, 10 Years
Class A
634 759 896 1,293
Class B
640 837 955 1,447
Class C
245 449 776 1,702
Class F-1
67 211 368 822
Class F-2
41 128 224 505
Class 529-A
662 825 1,001 1,501
Class 529-B
672 913 1,076 1,676
Class 529-C
271 510 870 1,879
Class 529-E
119 348 594 1,293
Class 529-F-1
70 197 333 723
Class R-1
144 446 771 1,691
Class R-2
144 446 771 1,691
Class R-3
99 309 536 1,190
Class R-4
66 208 362 810
Class R-5
36 113 197 443
Class R-6
31 97 169 381
For the share classes listed below, you would pay the following if you did not redeem your shares:
Expense Example, No Redemption INVESTMENT CO OF AMERICA (USD $)
Expense Example, No Redemption, 1 Year
Expense Example, No Redemption, 3 Years
Expense Example, No Redemption, 5 Years
Expense Example, No Redemption, 10 Years
Class B
140 437 755 1,447
Class C
145 449 776 1,702
Class 529-B
172 513 876 1,676
Class 529-C
171 510 870 1,879
Portfolio turnover
The fund pays transaction costs, such as commissions, when it buys and sells
securities (or "turns over" its portfolio). A higher portfolio turnover rate
may indicate higher transaction costs and may result in higher taxes when
fund shares are held in a taxable account. These costs, which are not
reflected in annual fund operating expenses or in the example, affect the fund's
investment results. During the most recent fiscal year, the fund's portfolio
turnover rate was 28% of the average value of its portfolio.
Principal investment strategies
The fund invests primarily in common stocks, most of which have a history of
paying dividends. The fund's investments are limited to securities of companies
that are included on its eligible list. In light of the fund's investment
objectives and policies, securities are added to, or deleted from, the eligible
list by the fund's board of trustees after reviewing and acting upon the
recommendations of the fund's investment adviser. The investment adviser bases
its recommendations on a number of factors, such as the fund's investment
objectives and policies, whether a company is considered a leader in its
industry and a company's dividend payment prospects. Although the fund focuses
on investments in medium to larger capitalization companies, the fund's
investments are not limited to a particular capitalization size. In the
selection of common stocks and other securities for investment, potential for
capital appreciation and future dividends are given more weight than current
yield.

The fund may invest up to 15% of its assets, at the time of purchase, in
securities of issuers domiciled outside the United States.

The investment adviser uses a system of multiple portfolio counselors in
managing the fund's assets. Under this approach, the portfolio of the fund is
divided into segments managed by individual counselors who decide how their
respective segments will be invested.

The fund relies on the professional judgment of its investment adviser to make
decisions about the fund's portfolio investments. The basic investment
philosophy of the investment adviser is to seek to invest in attractively valued
companies that, in its opinion, represent good, long-term investment
opportunities. The investment adviser believes that an important way to
accomplish this is through fundamental analysis, which may include meeting with
company executives and employees, suppliers, customers and competitors.
Securities may be sold when the investment adviser believes that they no longer
represent relatively attractive investment opportunities.
Principal risks
This section describes the principal risks associated with the fund's principal
investment strategies. You may lose money by investing in the fund. The
likelihood of loss may be greater if you invest for a shorter period of time.
Investors in the fund should have a long-term perspective and be able to
tolerate potentially sharp declines in value.

Market conditions - The prices of, and the income generated by, the common
stocks and other securities held by the fund may decline due to market
conditions and other factors, including those directly involving the issuers of
securities held by the fund.

Investing in income-oriented stocks - Income provided by the fund may be
reduced by changes in the dividend policies of, and the capital resources
available at, the companies in which the fund invests.

Investing in growth-oriented stocks - Growth-oriented stocks may involve larger
price swings and greater potential for loss than other types of investments.

Investing outside the United States - Securities of issuers domiciled outside
the United States, or with significant operations outside the United States, may
lose value because of political, social, economic or market developments or
instability in the countries or regions in which the issuer operates. These
securities may also lose value due to changes in foreign currency exchange
rates against the U.S. dollar and/or currencies of other countries. Securities
markets in certain countries may be more volatile and/or less liquid than those
in the United States. Investments outside the United States may also be subject
to different settlement and accounting practices and different regulatory, legal
and reporting standards, and may be more difficult to value, than those in the
United States.

Management - The investment adviser to the fund actively manages the fund's
investments. Consequently, the fund is subject to the risk that the methods and
analyses employed by the investment adviser in this process may not produce
the desired results. This could cause the fund to lose value or its investment
results to lag relevant benchmarks or other funds with similar objectives.

Your investment in the fund is not a bank deposit and is not insured or
guaranteed by the Federal Deposit Insurance Corporation or any other
governmental agency, entity or person. You should consider how this fund fits
into your overall investment program.
Investment results
The following bar chart shows how the fund's investment results have varied from
year to year, and the following table shows how the fund's average annual total
returns for various periods compare with different broad measures of market
results. This information provides some indication of the risks of investing in
the fund. The Lipper Growth & Income Funds Index includes the fund and other
funds that disclose investment objectives and/or strategies reasonably
comparable to the fund's objective and/or strategies. Past investment results
(before and after taxes) are not predictive of future investment results.
Updated information on the fund's investment results can be obtained by visiting
americanfunds.com.
The following bar chart shows how the fund's investment results have varied from
year to year, and the following table shows how the fund's average annual total
returns for various periods compare with different broad measures of market
results.
Calendar year total returns for Class A Shares
Bar Chart
Highest/Lowest quarterly results during this period were:

Highest 15.30% (quarter ended June 30, 2009)

Lowest -18.97% (quarter ended December 31, 2008)
After-tax returns are shown only for Class A shares; after-tax returns for other
share classes will vary. After-tax returns are calculated using the highest
individual federal income tax rates in effect during each year of the periods
shown and do not reflect the impact of state and local taxes. Your actual
after-tax returns depend on your individual tax situation and likely will differ
from the results shown above. In addition, after-tax returns are not relevant if
you hold your fund shares through a tax-deferred arrangement, such as a 401(k)
plan, individual retirement account (IRA) or 529 college savings plan.
Average annual total returns For the periods ended December 31, 2011 (with maximum sales charge):
Average Annual Total Returns INVESTMENT CO OF AMERICA
Average Annual Returns, Label
Average Annual Returns, 1 Year
Average Annual Returns, 5 Years
Average Annual Returns, 10 Years
Average Annual Returns, Since Inception
Average Annual Returns, Inception Date
Class A
Share class A - Before taxes (7.41%) (2.03%) 2.87% 11.88% Jan. 01, 1934
Class A After Taxes on Distributions
Share class A - After taxes on distributions (7.70%) (2.53%) 2.19%    
Class A After Taxes on Distributions and Sales
Share class A - After taxes on distributions and sale of fund shares (4.42%) (1.73%) 2.36%    
Class B
Share classes B (before taxes) (7.34%) (1.97%) 2.83% 2.54% Mar. 15, 2000
Class C
Share classes C (before taxes) (3.54%) (1.67%) 2.62% 2.46% Mar. 15, 2001
Class F-1
Share classes F-1 (before taxes) (1.84%) (0.91%) 3.41% 3.20% Mar. 15, 2001
Class F-2
Share classes F-2 (before taxes) (1.54%)     1.16% Aug. 01, 2008
Class 529-A
Share classes 529-A (before taxes) (7.50%) (2.11%)   3.05% Feb. 15, 2002
Class 529-B
Share classes 529-B (before taxes) (7.44%) (2.08%)   2.97% Feb. 15, 2002
Class 529-C
Share classes 529-C (before taxes) (3.58%) (1.72%)   2.98% Feb. 19, 2002
Class 529-E
Share classes 529-E (before taxes) (2.15%) (1.23%)   3.13% Mar. 01, 2002
Class 529-F-1
Share classes 529-F-1 (before taxes) (1.62%) (0.74%)   5.53% Sep. 16, 2002
Class R-1
Share classes R-1 (before taxes) (2.55%) (1.66%)   3.17% Jun. 06, 2002
Class R-2
Share classes R-2 (before taxes) (2.55%) (1.70%)   2.77% May 21, 2002
Class R-3
Share classes R-3 (before taxes) (2.11%) (1.21%)   3.51% Jun. 04, 2002
Class R-4
Share classes R-4 (before taxes) (1.83%) (0.91%)   3.58% May 28, 2002
Class R-5
Share classes R-5 (before taxes) (1.50%) (0.61%)   3.82% May 15, 2002
Class R-6
Share classes R-6 (before taxes) (1.45%)     13.43% May 01, 2009
S&P 500
S&P 500 (reflects no deductions for sales charges, account fees, expenses or taxes) 2.09% (0.25%) 2.92% 10.55% Jan. 01, 1934
Lipper Growth & Income Funds Index
Lipper Growth & Income Funds Index (reflects no deductions for sales charges, account fees or taxes) (1.82%) (1.17%) 3.12%    
Class A annualized 30-day yield at December 31, 2011: 2.05% (For current yield information, please call American FundsLine® at 800/325-3590.)
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XML 16 R1.htm IDEA: XBRL DOCUMENT v2.4.0.6
Label Element Value
Risk Return [Abstract] rr_RiskReturnAbstract  
Document Type dei_DocumentType 485BPOS
Document Period End Date dei_DocumentPeriodEndDate Dec. 31, 2011
Registrant Name dei_EntityRegistrantName INVESTMENT CO OF AMERICA
Central Index Key dei_EntityCentralIndexKey 0000051931
Amendment Flag dei_AmendmentFlag false
Document Creation Date dei_DocumentCreationDate Feb. 29, 2012
Document Effective Date dei_DocumentEffectiveDate Mar. 01, 2012
INVESTMENT CO OF AMERICA (Prospectus Summary) | INVESTMENT CO OF AMERICA | Class A
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Trading Symbol dei_TradingSymbol AIVSX
INVESTMENT CO OF AMERICA (Prospectus Summary) | INVESTMENT CO OF AMERICA | Class B
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Trading Symbol dei_TradingSymbol AICBX
INVESTMENT CO OF AMERICA (Prospectus Summary) | INVESTMENT CO OF AMERICA | Class C
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Trading Symbol dei_TradingSymbol AICCX
INVESTMENT CO OF AMERICA (Prospectus Summary) | INVESTMENT CO OF AMERICA | Class F-1
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Trading Symbol dei_TradingSymbol AICFX
INVESTMENT CO OF AMERICA (Prospectus Summary) | INVESTMENT CO OF AMERICA | Class F-2
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Trading Symbol dei_TradingSymbol ICAFX
INVESTMENT CO OF AMERICA (Prospectus Summary) | INVESTMENT CO OF AMERICA | Class 529-A
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Trading Symbol dei_TradingSymbol CICAX
INVESTMENT CO OF AMERICA (Prospectus Summary) | INVESTMENT CO OF AMERICA | Class 529-B
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Trading Symbol dei_TradingSymbol CICBX
INVESTMENT CO OF AMERICA (Prospectus Summary) | INVESTMENT CO OF AMERICA | Class 529-C
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Trading Symbol dei_TradingSymbol CICCX
INVESTMENT CO OF AMERICA (Prospectus Summary) | INVESTMENT CO OF AMERICA | Class 529-E
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Trading Symbol dei_TradingSymbol CICEX
INVESTMENT CO OF AMERICA (Prospectus Summary) | INVESTMENT CO OF AMERICA | Class 529-F-1
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Trading Symbol dei_TradingSymbol CICFX
INVESTMENT CO OF AMERICA (Prospectus Summary) | INVESTMENT CO OF AMERICA | Class R-1
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Trading Symbol dei_TradingSymbol RICAX
INVESTMENT CO OF AMERICA (Prospectus Summary) | INVESTMENT CO OF AMERICA | Class R-2
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Trading Symbol dei_TradingSymbol RICBX
INVESTMENT CO OF AMERICA (Prospectus Summary) | INVESTMENT CO OF AMERICA | Class R-3
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Trading Symbol dei_TradingSymbol RICCX
INVESTMENT CO OF AMERICA (Prospectus Summary) | INVESTMENT CO OF AMERICA | Class R-4
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Trading Symbol dei_TradingSymbol RICEX
INVESTMENT CO OF AMERICA (Prospectus Summary) | INVESTMENT CO OF AMERICA | Class R-5
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Trading Symbol dei_TradingSymbol RICFX
INVESTMENT CO OF AMERICA (Prospectus Summary) | INVESTMENT CO OF AMERICA | Class R-6
 
Risk Return [Abstract] rr_RiskReturnAbstract  
Trading Symbol dei_TradingSymbol RICGX
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