With its ability to identify companies that benefit from long-term trends and market changes, the New Perspective strategy has been able to navigate and gain from changes in global trade patterns. Regardless of market climate, Capital Group and our multi-manager system has set up the strategy for long-term success. Since March 1973, the strategy has delivered 13.6% p.a.1 and demonstrated resilience during market declines. It has outpaced the index2 100% of the time in rolling three-year down markets, and 92% of the time in up markets3. The strategy has also generated four times more wealth than an investment in the index.