Capital Group New Perspective Fund (AU) | Capital Group

Capital Group New Perspective Fund (AU)

The New Perspective strategy offers over 45 years of global growth and consistent long-term superior results during both up and down markets. However, it is important to note that past results are not a guarantee of future results.
To find out more about the strategy’s time-tested approach click below.

Introducing the New Perspective fund

The New Perspective strategy was originally only offered to US-based investors. Managed by the same experienced team and following the same flexible approach, the strategy is now available to investors via Capital Group New Perspective Fund (AU).

1. Bottom-up company selection identifies global champions of today and tomorrow

Through fundamental research, we identify successful established and early-stage multinationals, which has historically offered our investors both resilience and growth over the long term.

Resilience

Established multinationals

  • Global companies with established track record in generating growth
  • Diverse sources of revenue and strong balance sheets
  • Seasoned management with experience of international expansion
  • May often operate in industries with high barriers to entry
  • Continually evolving and innovating to achieve secular growth

Growth

Early-stage multinationals

  • Market-leading companies expanding beyond their domestic market into new territories
  • Often possess disruptive technology and/or business models
  • Commonly have innovatie products or services and/or senior management
  • Scope to become leading multinationals with long-term growth potential

 

2. Identifying companies that have driven and benefited from changing global trade

For 45 years, the New Perspective strategy has continued to stay relevant by using bottom-up research to identify companies that are driving and benefiting from changing global trade patterns, and economic and political relationships.

Early 70s

Basic resources dominate

High exposure in strategy to

Oil and metals

70s and 80s

The rise of home computing and personal electronics

High exposure in strategy to

Electronics and computers

1990s

A new generation of mobile communications

High exposure in strategy to

Telecoms and media

Early 2000s

Innovation in healthcare

High exposure in strategy to

Pharmaceuticals and biotechnology

2000s

The rise of emerging markets and rapid urbanisation of China

High exposure in strategy to

Consumer products and mining

2010s

The age of digital disruption

High exposure in strategy to

E-commerce and internet platforms

 

For illustrative purposes only.


 

3. A high-conviction, repeatable, long-term approach using the unique Capital System

New Perspective is a time-tested strategy with a proven track record, which has provided resilience during down markets and outperformed during up markets.

 

Capital Group New Perspective Composite: The value of a hypothetical US$10,000 invested at launch

Jody Jonsson discusses how a multilocal approach can help investors navigate today’s uncertain environment.
Six key charts examining the impact of rising global trade tensions.
Discover how the new opportunities are arising from shifting global trade patterns.
Portfolio manager, Jody Jonsson, discusses how global flexibility is crucial to design a future-proof portfolio.

Today, the winds of change are stirring as the U.S. seeks to dramatically alter its trading relationship with China through steel tariffs and other punitive measures. Just recently, U.S. trade officials vowed to increase the pressure by imposing additional tariffs and seeking to block China’s technology-related investments in the United States. New Perspective portfolio manager, Steve Watson, sat down to discuss his view of increasingly tense U.S.-China trade relations, his outlook on Chinese and global equities, and his flexible approach to guiding NP through periods of volatile markets and geopolitical turmoil.

Past results are not a guarantee of future results.

Data as at 31 July 2018.

1 Results prior to CGNPAU’s launch on 20 November 2015 are derived from the American Funds New Perspective Fund in A$ from 31 March 1973. The strategy is advised by the same portfolio management team managing to the same investment objectives. The returns are after fees and are based on the total management cost of 1.05% p.a. that was applicable to CGNPAU up until 30 April 2017 and 0.95% with effect from 1 May 2017. American Funds are not registered for sale outside of the United States. Source: Capital Group

2 MSCI ACWI ex Australia (with net dividends reinvested) from 20 November 2015; previously MSCI ACWI (with net dividends reinvested) from 30 September 2011 and MSCI World Index (with net dividends reinvested) prior to that. Source: MSCI

 

FOR PROFESSIONAL INVESTORS AND INFORMATION PURPOSES ONLY - NOT FOR PUBLIC DISTRIBUTION

This communication is intended for advisors and professional investors only, and should not be relied upon by retail investors. Past results are not predictive of future results. This information is neither an offer nor a solicitation to buy or sell any securities or to provide any investment service. It has not been reviewed by any regulator.

The statements included here are the opinions and beliefs of the individuals identified and do not necessarily reflect the view of Capital Group or its affiliates. While Capital Group uses reasonable efforts to obtain information from sources which it believes to be reliable, Capital Group makes no representation or warranty as to the accuracy, reliability or completeness of the information.

This communication is of a general nature, it is not intended to be comprehensive or to provide investment, tax or other advice. It has been prepared for multiple distributions and does not take account of the specific investment objectives of individual recipients and it may not be appropriate in all circumstances.

This communication has been prepared by Capital International, Inc., a member of Capital Group, a company incorporated in California, United States of America. The liability of members is limited. In Australia, this communication is issued by Capital Group Investment Management Limited (ACN 164 174 501 AFSL No. 443 118), a member of Capital Group, located at Level 18, 56 Pitt Street, Sydney NSW 2000 Australia.

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© 2018 Capital Group. All rights reserved.

 

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Morningstar Awards 2018 (c). Morningstar, Inc. All Rights Reserved. Awarded to Capital Group New Perspective Fund for the Undiscovered Manager Category, Australia.