Investment Fund

Share Class
Purchase Restrictions: Class 529-F-3 share funds are available only for CollegeAmerica accounts sold through Registered Investment Advisors.

Summary

Internal Prompt
A prudent approach to international investing. International strategy that pursues prudent growth of capital and conservation of principal by investing in companies predominately based in developed markets. The strategy seeks to provide a smoother return profile over a full market cycle — less volatility and lower downside capture than the market.
Price at NAV $17.07 as of 6/21/2024 (updated daily)
Fund Assets (millions) $2,060.1
Portfolio Managers
3
Expense Ratio
(Gross/Net %)
0.62 / 0.60%

Internal Prompt

Returns at NAV

Returns at MOP

Asset Mix

U.S. Equities1.0%
Non-U.S. Equities93.7%
U.S. Bonds0.0%
Non-U.S. Bonds0.0%
Cash & Equivalents
5.3%
As of 5/31/2024 (updated monthly)
Internal Prompt

Volatility & Return

Read important investment disclosures

Equities

For Class 529-F-3 Shares, this chart tracks the 10-year standard deviation
and 10-year annualized return of the equity funds
CIVHX
MSCI EAFE (Europe, Australasia, Far East) Index
Other AF Funds
Standard Deviation as of 05/31/2024 (updated monthly) . Annualized return as of 05/31/2024 (updated monthly) .
VIEW LARGER CHART

Market Capitalization

93.5%
Large
6.3%
Medium
0.3%
Small
$73,415.47 Million
Weighted Average


As of 3/31/2024 (updated quarterly). Morningstar data as of 3/31/2024 (updated quarterly).

Morningstar Ownership ZoneTM

Foreign Large Growth
Weighted average of holdings
75% of fund's stock holdings
Morningstar data as of 3/31/24 (updated quarterly)

Description

Objective
The fund's investment objective is to provide prudent growth of capital and conservation of principal.
Distinguishing Characteristics
This international strategy pursues prudent growth of capital and conservation of principal by investing in companies that are predominately based in developed markets. The strategy seeks to provide a smoother return profile over the full market cycle – with less volatility and lower downside capture – by focusing on companies with characteristics associated with long-term growth and resilience to market declines,including strong balance sheets and dividend payments.
Types of Investments
The fund invests primarily in common stocks, or securities convertible into common stocks.
Portfolio Restrictions
The fund may not invest more than 10% of its net assets in the securities of issuers based in emerging markets.

Fund Facts

Fund Inception 4/01/2011
Fund Assets (millions)
As of 5/31/2024
$2,060.1
Companies/Issuers
Holdings are as of 5/31/2024 (updated monthly).
128+
Shareholder Accounts
Shareholder accounts are as of 5/31/2024
1
Regular Dividends Paid
Dec
Minimum Initial Investment $250
Capital Gains Paid
Dec
Portfolio Turnover (2023) 15%
Fiscal Year-End Oct
Prospectus Date 01/01/2024
CUSIP 14019V 754
Fund Number 17123

Returns

Internal Prompt

Month-End Returns as of 5/31/24

Quarter-End Returns as of 3/31/24

Growth of 10K

High & Low Prices

Internal Prompt

Yield

12-month
Distribution Rates
30-day SEC Yield
Fund at NAV 1.39% 1.67%
Fund at MOP N/A N/A
As of 5/31/2024 (updated monthly)

Valuation

Price/ Price/ Price/
Book Cash Flow Earnings
Fund 2.97 11.41 19.11
MSCI EAFE (Europe, Australasia, Far East) Index
1.80 8.60 14.50
Fund as of 3/31/24. Index as of 3/31/24.
Years of Experience with Fund
Years of Experience with Capital Group
Years of Experience with Investment Industry
Eu-Gene Cheah 5 26
Gerald Du Manoir 13 33
Philip Winston 10 27 41
A boldface number indicates that years of experience with Capital Group is equal to years of experience with investment industry.

Ratings & Risk

Morningstar Rating TM


Overall Morningstar RatingTM
Funds rated(378)
3-yr. Morningstar RatingTM
(378 funds rated)
5-yr. Morningstar RatingTM
(333 funds rated)
10-yr. Morningstar RatingTM
(222 funds rated)
Overall Morningstar Risk Low
HIGH
LOW
Category Foreign Large Growth
Ratings are based on risk-adjusted returns as of 5/31/2024 (updated monthly).
Internal Prompt

Lipper Leader Scorecard

Over-all 3 yr. 5 yr. 10 yr.
Consistent Return Within Category
Funds Rated

(360)

(360)
Expense Within Category
Funds Rated

(230)

(230)
Preservation Within Category
Funds Rated

(12354)

(12354)
Tax Efficiency Within Category
Funds Rated

(360)

(360)
Total Return Within Category
Funds Rated

(360)

(360)
Category International Large-Cap Growth
KEY
HIGHEST LOWEST
As of 5/31/2024 (updated monthly)

Risk Measures

Fund
Standard Deviation
14.04
Sharpe Ratio
0.38
For the 10 Years ending 5/31/24 (updated monthly).
American Funds
Benchmark
Morningstar
Benchmark
MSCI EAFE (Europe, Australasia, Far East) Index
MSCI ACWI Ex USA NR USD
R-squared 90 89
Beta 0.88 0.88
Capture Ratio (Downside/Upside) 84/93 86/97
American Funds Benchmark for the 10 Years ending 5/31/24 (updated monthly).
Morningstar Benchmark for the 10 Years ending 5/31/24 (updated monthly).

Holdings

Equities Breakdown

Equity Fund Holdings
Industrials 22.7%
Information technology 16.5%
Health care 12.9%
Financials 11.0%
Consumer discretionary 9.2%
Consumer staples 8.4%
Materials 5.6%
Energy 3.9%
Communication services 2.6%
Utilities 1.9%

% of net assets as of 5/31/2024 (updated monthly)

Top Equities

Novo Nordisk
4.1%
Safran
3.0%
ASML
3.0%
TotalEnergies
2.7%
AstraZeneca
2.5%
SAP
2.5%
London Stock Exchange Group
2.0%
TSMC
1.9%
L'Oréal
1.9%
Airbus
1.7%

% of net assets as of 5/31/2024 (updated monthly)

Geographic Breakdown

Europe
64.4%
Asia & Pacific Basin
26.1%
Other (Including Canada & Latin America)
4.2%
Cash & equivalents
5.3%
% of net assets as of 5/31/2024 (updated monthly)

The New Geography of Investing ®

Regions Fund
MSCI EAFE (Europe, Australasia, Far East) Index
United States 1.1% 0.0%
Canada 3.0% 0.0%
Europe 68.1% 66.8%
Japan 19.9% 22.6%
Asia-Pacific ex. Japan 3.3% 10.6%
Emerging Markets 4.6% 0.0%

% of net assets as of 5/31/2024 (updated monthly)

Fund Breakdown by Domicile

Regions Fund
MSCI EAFE (Europe, Australasia, Far East) Index
United States 1.0% 0.0%
Canada 2.9% 0.0%
Europe 64.7% 66.8%
Japan 18.9% 22.6%
Asia-Pacific ex. Japan 3.1% 10.6%
Emerging Markets 4.4% 0.0%
Cash & Equivalents
5.0% 0.0%

% of net assets as of 5/31/2024 (updated monthly)

Prices & Distributions

Internal Prompt

Historical Prices Month-End

Historical Prices Year-End

Internal Prompt

Historical Distributions as of 01/25/24

2023
Record
Date
Calculated
Date
Pay Date
Income Dividend Regular
Income Dividend Special
Cap. Gains Long-Term
Cap. Gains Short-Term
Reinvest NAV
12/11/23 12/11/23 12/12/23 $0.2395 $0.00 $0.00 $0.00 $15.66
2023 Year-to-Date: Dividends Subtotal: $0.2395 Cap Gains Subtotal: $0.00
Total Distributions: $0.2395

Fees & Expenses

Internal Prompt

Fees

Annual Management Fees 0.48%
Other Expenses 0.14%
Service 12b-1 --
As of each fund's most recent prospectus.
Internal Prompt

Expense Ratio

Gross Net
CIVHX 0.62% 0.60%
Lipper International Funds Average
--%
Fund as of most recent prospectus. Lipper Category as of -- (updated quarterly).