About RNPAX
American Funds New Perspective Fund Class R-1 is a global large-cap growth mutual fund managed by Capital Group. Designed primarily for long-term capital appreciation, this fund seeks opportunities by investing in multinational companies that benefit from shifting international trade dynamics, economic trends, and political relationships. Its portfolio spans major sectors, with significant allocations to technology, consumer cyclical, communication services, and healthcare, and includes prominent companies such as Meta Platforms, Microsoft, Broadcom, and Tesla. The fund maintains a diversified global approach, holding hundreds of equities from both developed and emerging markets. Class R-1 shares are tailored for retirement plans and small investors, featuring a minimum investment requirement and an average expense ratio for its category. Since its inception, American Funds New Perspective Fund has aimed to outpace global benchmarks like the MSCI All Country World Index, leveraging its flexible mandate and deep management expertise to navigate changing market landscapes.
Fund Family American Funds
Category World Large-Stock Growth
Stock Exchange NASDAQ
Ticker Symbol RNPAX
Share Class Class R-1
Index MSCI AC World NR USD
RNPAX had a total return of 16.42% in the past year, including dividends. Since the fund's
inception, the average annual return has been 10.25%.
