New Perspective Fund / New Perspective Fund Hedged | Capital Group

  • Search is currently not available.


Capital Group New Perspective Fund (AU) / Capital Group New Perspective Fund Hedged (AU)

The fund follows a time-tested approach that aims to benefit from changing patterns of world trade, focusing on established or early-stage multinationals that are innovative and have strong balance sheets and diverse sources of revenue.

A global approach
The fund's global mandate gives portfolio managers the flexibility to respond to investment opportunities anywhere in the world.

Multinational companies often stand to gain from changing global trade and investment trends, and have the potential to deliver long-term growth of capital. The resilience of these companies could also offer a measure of stability during down markets.

Multiple perspectives
Capturing these opportunities require globally integrated research and multiple perspectives. Our portfolio is built with our highest-conviction ideas through fundamental, bottom-up investing.


The fund is managed by the same team as the US strategy.

Watch the below videos for each portfolio manager’s individual investment backgrounds, styles and their personal overview of the New Perspective Fund.

Robert Lovelace
Robert W. Lovelace Portfolio Manager Los Angeles office 32 years with Capital | 32 years in profession


Steven Watson
Steven T. Watson Portfolio Manager Hong Kong office 28 years with Capital | 30 years in profession


Jody Jonsson
Jody Jonsson Portfolio Manager Los Angeles office 27 years with Capital | 29 years in Profession


Noriko Chen
Noriko Honda Chen Portfolio Manager San Francisco office 19 years with Capital | 27 years in Profession


Brady Enright
Brady L. Enright Portfolio Manager San Francisco office 21 years with Capital | 26 years in Profession


Jonathan Knowles Portfolio Manager Singapore office 26 years with Capital | 26 years in profession


Research Portfolio Research analysts are allocated part of the fund assets to manage


Andraz Razen Portfolio Manager London office 13 years with Capital | 20 years in profession


Capital Group New Perspective Strategy: A new perspective on global investing
June 2018

The New Perspective strategy dates back to 1973 and aims to identify established and emerging multinational companies. In this video, portfolio manager, Steve Watson, explains why he believes the multinational focus is an attractive one and how the fund differs from other global equity strategies.


What makes New Perspective Fund different from the typical global strategy?
June 2018

We were lucky enough to have New Perspective Fund portfolio manager, Jody Jonsson, in Australia recently. Among other things, we asked her what makes New Perspective different from the typical global strategy, and why a focus on quality multinationals.

The pace of change for global investors has never been more rapid. With changing international trade patterns, it’s challenging to stay alert to the opportunities that are arising. We believe a research-driven approach is key to identifying the winners of tomorrow.
How can investors capture big trends reshaping the world?

©2018 Morningstar, Inc. All rights reserved. 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 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").

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

The Lonsec Rating (assigned as follows: CIM0006AU — April 2018; CIM0008AU — April 2018) presented in this document is published by Lonsec Research Pty Ltd ABN 11 151 658 561 AFSL 421 445. The Rating is limited to “General Advice” (as defined in the Corporations Act 2001 (Cth)) and based solely on consideration of the investment merits of the financial products. Past performance information is for illustrative purposes only and is not indicative of future performance. It is not a recommendation to purchase, sell or hold Capital Group’s product(s), and you should seek independent financial advice before investing in this product(s). The Rating is subject to change without notice and Lonsec assumes no obligation to update the relevant document(s) following publication. Lonsec receives a fee from the Fund Manager for researching the product(s) using comprehensive and objective criteria. For further information regarding Lonsec’s Ratings methodology, please refer to our website at:

The Zenith Investment Partners (“Zenith”) Australian Financial Services License No. 226872 rating (assigned November 2017) referred to in this document is limited to “General Advice” (s766B Corporations Act 2001) for Wholesale clients only. This advice has been prepared without taking into account the objectives, financial situation or needs of any individual and is subject to change at any time without prior notice. It is not a specific recommendation to purchase, sell or hold the relevant product(s). Investors should seek independent financial advice before making an investment decision and should consider the appropriateness of this advice in light of their own objectives, financial situation and needs. Investors should obtain a copy of, and consider the PDS or offer document before making any decision and refer to the full Zenith Product Assessment available on the Zenith website. Past performance is not an indication of future performance. Zenith usually charges the product issuer, fund manager or related party to conduct Product Assessments. Full details regarding Zenith’s methodology, ratings definitions and regulatory compliance are available on Product Assessments and at

The rating contained in this document is issued by SQM Research Pty Ltd ABN 93 122 592 036. SQM Research is an investment research firm that undertakes research on investment products exclusively for its wholesale clients, utilising a proprietary review and star rating system. The SQM Research star rating system is of a general nature and does not take into account the particular circumstances or needs of any specific person. The rating may be subject to change at any time. Only licensed financial advisers may use the SQM Research star rating system in determining whether an investment is appropriate to a person’s particular circumstances or needs. You should read the product disclosure statement and consult a licensed financial adviser before making an investment decision in relation to this investment product. SQM Research receives a fee from the Fund Manager for the research and rating of the managed investment scheme.


Research reports

Learn more

If you are interested in learning more about us and our investment solutions, please contact us at +61 2 8038 0808, or send us an email.