About CNPFX
The American Funds New Perspective Fund® 529-F-1 is a globally diversified mutual fund designed to capitalize on evolving international trade patterns and shifts in economic and political landscapes. Its primary objective is long-term capital growth, achieved through investing in common stocks of companies from around the world, including both U.S. and non-U.S. markets. The fund's strategy emphasizes multinational firms with growth potential, targeting sectors such as information technology, industrials, consumer discretionary, financials, and healthcare.
With over $140 billion in assets and a portfolio encompassing more than 260 holdings, the fund has consistently maintained an above-average performance rating. It features a competitive expense ratio and historical resilience across different market environments. The fund is managed by a seasoned team, leveraging robust analytical resources to identify global leaders poised to benefit from macroeconomic changes. Its broad international scope and focus on companies at the forefront of global commerce make it a significant option for investors seeking exposure to global large-cap growth stocks within a single, actively managed fund.
Fund Family Capital Group
Category World Large-Stock Growth
Performance Rating Above Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol CNPFX
Share Class Class 529-f-1
Index MSCI AC World NR USD
CNPFX had a total return of 12.62% in the past year, including dividends.
Since the fund's inception, the average annual return has been 10.07%.
