About FGPPX
American Funds Global Growth Portfolio 529-F-3 is a globally diversified mutual fund designed to provide long-term capital growth. Managed by Capital Research and Management Company, this portfolio invests primarily in equity securities from both U.S. and international markets. As of early 2025, around 57% of assets are allocated to U.S. equities and nearly 40% to non-U.S. equities, reflecting its broad global reach. The fund holds a large and diverse portfolio, with exposure across numerous sectors including information technology, industrials, consumer discretionary, health care, and financials. It is structured as a fund-of-funds, allowing investors to benefit from a range of underlying strategies and geographies. Notably, this fund is specifically tailored for use within 529 education savings plans, making it a common choice for those saving for future education expenses. With a moderate expense profile and a long-term growth focus, the portfolio plays a significant role in diversified investment strategies aimed at capital appreciation over extended horizons.
Fund Family American Funds
Category World Large-Stock Growth
Stock Exchange NASDAQ
Ticker Symbol FGPPX
Share Class Class 529-f-3
Index MSCI AC World NR USD
FGPPX had a total return of 10.97% in the past year, including dividends. Since the fund's
inception, the average annual return has been 7.52%.
