Over rolling monthly 10-year periods through 2019, the fund has frequently outpaced its benchmark index and peer average.1
Percentage of rolling periods in which:
Fund outpaced index:
Fund outpaced peers:
300 of 309
305 of 309
Rolling monthly 10-year periods
"[The fund's] management remains strong, its overall strategy compelling, and its price appealing. It retains its Morningstar Analyst Rating of Gold. ... Its prospects remain solid.”2,3
The fund is the international equity fund most used by DC plans, according to Pensions & Investments.4
Over rolling monthly 10-year periods through 2019, the fund has frequently outpaced its benchmark index and peer average.5
Percentage of rolling periods in which:
Fund outpaced index:
Fund outpaced peers:
428 of 442
415 of 442
Gold Morningstar Analyst Rating
"Since its 1973 inception ... [the fund] has trounced the category norm, the MSCI All-Country World Index, and its former benchmark, the MSCI World Index. The fund has amassed this record without incurring more volatility than its typical peer index.2,6
Morningstar “Thrilling 34” fund
The fund is a 2019 Morningstar "Thrilling" fund. Only 34 funds are on the list, 8 of which are American Funds.7
1. Rolling monthly 10-year from the first month-end after the fund’s inception date of April 16, 1984, through December 31, 2019. The fund’s benchmark index is the MSCI ACWI (All Country World Index) ex USA. The MSCI ACWI ex USA is a market capitalization-weighted index designed to measure equity market results in the global developed and emerging markets, excluding the United States. The index began after EuroPacific Growth Fund’s inception. From April 16, 1984, to December 31, 1987, the MSCI EAFE (Europe, Australasia, Far East) Index was used. Fund peers are represented by the Morningstar Foreign Large Growth category, which represents an average of funds that seek capital appreciation by investing in large international stocks that are growth-oriented. Large-cap foreign stocks have market capitalization greater than $5 billion. Growth is defined based on high price/book and price/cash-flow ratios, relative to the MSCI EAFE Index.
2. The Morningstar Analyst RatingTM is not a credit or risk rating. It is a subjective evaluation performed by Morningstar's manager research group, which consists of various Morningstar, Inc. subsidiaries (“Manager Research Group”). In the United States, that subsidiary is Morningstar Research Services LLC, which is registered with and governed by the U.S. Securities and Exchange Commission. The Manager Research Group evaluates funds based on five key pillars, which are process, performance, people, parent, and price. The Manager Research Group uses this five pillar evaluation to determine how they believe funds are likely to perform relative to a benchmark, or in the case of exchange-traded funds and index mutual funds, a relevant peer group, over the long term on a risk-adjusted basis. They consider quantitative and qualitative factors in their research, and the weight of each pillar may vary. The Analyst Rating scale is Gold, Silver, Bronze, Neutral, and Negative. A Morningstar Analyst Rating of Gold, Silver, or Bronze reflects the Manager Research Group's conviction in a fund's prospects for outperformance. Analyst Ratings ultimately reflect the Manager Research Group's overall assessment, are overseen by an Analyst Rating Committee, and are continuously monitored and reevaluated at least every 14 months. For more detailed information about Morningstar's Analyst Rating, including its methodology, please go to global.morningstar.com/managerdisclosures/. The Morningstar Analyst Rating (i) should not be used as the sole basis in evaluating a fund, (ii) involves unknown risks and uncertainties which may cause the Manager Research Group's expectations not to occur or to differ significantly from what they expected, and (iii) should not be considered an offer or solicitation to buy or sell the fund.
3. Source: Morningstar Global Fund Report for American Funds Europacific Growth R6, January 6, 2020.
4. Source: "The mutual funds most used by DC plans, by asset class — International/global equity," Pensions & Investments, October 28, 2019, based on assets as of June 30, 2019.
5. Rolling monthly 10-year periods from the first month-end after the fund’s inception date of March 13, 1973, through December 31, 2019. The fund’s benchmark index is the MSCI All Country World Index (ACWI), a free float-adjusted market capitalization-weighted index that is designed to measure equity market results in the global developed and emerging markets, consisting of more than 40 developed and emerging market country indexes. The MSCI ACWI Index began after the fund’s inception. From March 13, 1973, through December 31, 1987, the MSCI World Index was used. MSCI World Index is a benchmark for “world” or “global” stock funds and is intended to represent a broad cross-section of global markets. Results reflect dividends net of withholding taxes. Fund peers are represented by Morningstar World Large Stock. Morningstar World Large Stock category portfolios have few geographical limitations. It is common for these portfolios to invest the majority of their assets in the U.S., Europe and Japan, with the remainder divided among the globe’s smaller markets. These portfolios typically have 20%–60% of assets in U.S. stocks. The Morningstar category average includes all share classes for the funds in the category. While American Funds Class R-6 shares to not include fees for advisor compensation and third-party service provider payments, the share classes represented in the Morningstar category have varying fee structures and can include these and other fees and charges resulting in higher expenses and lower results than American Funds Class R-6 shares.
6. Source: Morningstar Global Fund Report for American Funds New Perspective R6, October 25, 2019.
7. Source: Morningstar, “Fund Spy: The Thrilling 34" by Russel Kinnel, December 2019. Morningstar's screening took into consideration expense ratios, manager ownership, returns over manager’s tenure, and Morningstar Risk, Analyst and Parent ratings. The universe was limited to share classes accessible to individual investors with a minimum investment no greater than $50,000 and did not include funds of funds. Class A shares were evaluated for American Funds.
Figures shown are past results for Class R-6 shares and are not predictive of results in future periods. Current and future results may be lower or higher than those shown. Share prices and returns will vary, so investors may lose money. Investing for short periods makes losses more likely.
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Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so they may lose value.
Investors should carefully consider investment objectives, risks, charges and expenses. This and other important information is contained in the fund prospectuses and summary prospectuses, which can be obtained from a financial professional and should be read carefully before investing.
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We offer a range of share classes designed to meet the needs of retirement plan sponsors and participants. The different share classes incorporate varying levels of advisor compensation and service provider payments.
Because Class R-6 shares do not include any recordkeeping payments, expenses are lower and results are higher. Other share classes that include recordkeeping costs have higher expenses and lower results than Class R-6.
Class R-6 shares were first offered on May 1, 2009. Class R-6 share results prior to the date of first sale are hypothetical based on Class A share results without a sales charge, adjusted for typical estimated expenses. Please see each fund’s prospectus for more information on specific expenses.
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There have been periods when the fund has lagged the index.
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