Capital Group New Perspective Fund (AU) | Capital Group

Capital Group New Perspective Fund (AU) | Capital Group

Capital Group New Perspective Fund (AU)

Launched on 31 March 1973 in the US, New Perspective is one of Capital Group’s most well-known global equity strategies. Originally offered only to US-based investors, the strategy is now available to investors via Capital Group New Perspective Fund (AU) - which is managed by the same experienced team and follows the same approach as the US strategy.

Changing global trade conditions

Identifying companies that benefit

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.

Time-tested strategy

Pursuing growth and resilience

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

Gold-rated fund

An award-winning approach

Morningstar has given Capital Group New Perspective Fund (AU) a Gold Morningstar Analyst Rating on the basis of our time-tested approach that delivers over the long term, and the strength of our parent organisation and management team.

Introducing the New Perspective strategy

Steve Watson, an equity portfolio manager at Capital Group, introduces the New Perspective strategy, and the way we invest.

Changing global trade conditions

Identifying companies that benefit

Over 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.

Time-tested strategy

Pursuing growth and resilience

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.

Use the chart below to compare the growth of AUD$10,000 in the New Perspective strategy¹ against the index² over the years, through the ups and inevitable downs that are an inescapable part of investing. You can build your own chart by customising the date range or viewing results against some of the more infamous market downturns, from the oil crisis of the 70s to the financial crisis of ’08.

Capital Group New Perspective strategy: The value of a hypothetical A$10,000 invested at launch. Launched over 45 years ago.

Capital Group New Perspective Fund (AU) Investment results as at 31 December 2020 in A$ terms (after fees and expenses)
Lifetime: 20 November 2015 – 31 December 2020
%	Fund³	Index⁴	Excess return⁵

2015 1 month 10 days	-2.6	-3.2	0.5
2016	2.2	8.3	-6.1
2017	18.4	14.9	3.5
2018	3.8	0.7	3.1
2019	30.0	26.9	3.1
2020 12 months	21.1	6.0	15.1

Past results are not a guarantee of future results.

Data as at 31 December 2020 unless otherwise stated.

¹ Results prior to the launch of Capital Group New Perspective Fund (AU) (CGNPAU) 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, 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

³ Net of management fees and expenses. Fund results are based on close of market returns (T+1). Source: Capital Group

⁴ The index shown is MSCI ACWI ex Australia (with net dividends reinvested). Source: MSCI

⁵ The excess return is calculated arithmetically.

Gold-rated fund

An award-winning approach

The New Perspective Fund (AU) is one of only three global equities funds in the Australian market with a Morningstar gold rating*. In this video Morningstar Australasia outlines why they have given Capital Group New Perspective Fund (AU) a Gold Morningstar Analyst Rating.

^*Equity World Large Blend category. Source: Capital Group

Morningstar comment on Capital Group New Perspective Fund (AU)

In this video, hear Matthew Wilkinson, Senior Analyst from Morningstar Australasia, outline why they have given Capital Group New Perspective Fund (AU) a Gold Morningstar Analyst Rating.

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Risk factors you should consider before investing:

The value of investments and income from them can go down as well as up, and you may lose some or all of your initial investment. If past results are shown, such figures are not predictive of future results.

Risk factors that may influence the value of an investment in the Funds include, but are not limited to, (i) increased risks of emerging markets, (ii) risk of decline in the price of equities and bonds in response to certain events directly affecting the companies whose securities are owned by the Fund as well as general economic conditions; overall market changes; political, social or economic instability; and currency fluctuations, (iii) interest rate risk as the market value of bonds generally vary inversely with the level of interest rates, (iv) credit risk as the creditworthiness of the Fund’s investment can impact the investment’s ability to meet its obligations, and (v) derivatives risks.

Past results are not predictive of future results.

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. 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 and Capital Group New Perspective Fund (AU) (ARSN: 608 698 746) are 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. The said fund is offered only by Product Disclosure Statement (PDS), please read the PDS which is available upon request or at capitalgroup.com/au in its entirety before making an investment decision.

All Capital Group trademarks are owned by The Capital Group Companies, Inc. or an affiliated company in the US, Australia and other countries. All other company and product names mentioned are the trademarks or registered trademarks of their respective companies.

© 2020 Capital Group. All rights reserved.

© 2020 Morningstar, Inc. All rights reserved. Morningstar Analyst Rating^TM as at 26 October 2020.
Morningstar Equity World Large Blend category. Neither Morningstar, its affiliates, nor the content providers guarantee the data or content contained herein to be accurate, complete or timely nor will they have any liability for its use or distribution. Any general advice or ‘class service’ have been prepared by Morningstar Australasia Pty Ltd (ABN: 95 090 665 544, AFSL: 240892) and/or Morningstar Research Ltd, subsidiaries of Morningstar, Inc, without reference to your objectives, financial situation or needs. Refer to our Financial Services Guide (FSG) for more information at www.morningstar.com.au/s/fsg.pdf. You should consider the advice in light of these matters and if applicable, the relevant Product Disclosure Statement (Australian products) or Investment Statement (New Zealand products) before making any decision to invest. Our publications, ratings and products should be viewed as an additional investment resource, not as your sole source of information. Past performance does not necessarily indicate a financial product’s future performance. To obtain advice tailored to your situation, contact a professional financial adviser. Some material is copyright and published under licence from ASX Operations Pty Ltd ACN 004 523 782 ("ASXO"). For disclosure and detailed information about this fund, please refer to the full Morningstar Global Fund Report, which is available to download at www.capitalgroup.com/au

For disclosure and detailed information about this fund, please refer to the full Morningstar Global Fund Report, which is available on request from Capital Group.