About CPGCX
The American Funds Global Growth Portfolio 529-C is a mutual fund designed to seek long-term capital growth by investing in a diversified blend of global equity funds. Its primary purpose is to provide exposure to companies around the world with strong growth potential, making it well-suited for investors with a long-term investment horizon. The portfolio is structured as a fund-of-funds, holding allocations in a variety of underlying American Funds, such as New Perspective Fund, Growth Fund of America, and Smallcap World Fund, which collectively span sectors including information technology, industrials, consumer discretionary, financials, and healthcare. This diversified approach covers developed and emerging markets, balancing exposures across both large and small-cap growth companies. The portfolio’s strategic design leverages deep fundamental research and regular oversight by a professional committee to ensure alignment with its growth objectives. As part of a 529 plan offering, it is particularly tailored for education savings, providing a globally diversified growth strategy aimed at building wealth over time for future expenses.
Fund Family American Funds
Category World Large-Stock Growth
Stock Exchange NASDAQ
Ticker Symbol CPGCX
Share Class Class 529-c
Index MSCI AC World NR USD
CPGCX had a total return of 11.15% in the past year, including dividends. Since the fund's
inception, the average annual return has been 9.77%.