About RNPHX
American Funds New Perspective Fund Class R-5E is a global large-cap growth mutual fund managed by Capital Group. Its primary objective is long-term capital appreciation, achieved by investing mostly in common stocks of companies across both U.S. and international markets. The fund specifically seeks to capitalize on opportunities created by evolving global trade patterns and shifts in international economic and political relationships. This approach leads to a diverse portfolio, typically holding hundreds of equities spanning sectors such as technology, healthcare, and consumer discretionary.
Notable holdings frequently include leading multinational corporations like Microsoft, Meta Platforms, Broadcom, and Taiwan Semiconductor Manufacturing, reflecting its focus on established, innovative companies with significant global influence. With an expense ratio that is competitive for its class, the fund is designed for investors seeking exposure to large, growth-oriented firms worldwide as a means of diversification and potential risk mitigation. The Class R-5E share class, used primarily in retirement plans, is accessible with a relatively low minimum investment and aims to provide consistent, long-term returns through broad, active management in a rapidly changing global marketplace.
Fund Family Capital Group
Category Global Large-Cap Growth
Performance Rating Above Average
Risk Rating Below Average
Stock Exchange Nasdaq
Ticker Symbol RNPHX
Share Class Class R-5e
Index MSCI AC World NR USD
RNPHX had a total return of 6.04% in the past year, including dividends. Since the fund's
inception, the average annual return has been 12.60%.
