Broaden menus with flexible global exposure without excessive volatility


Higher returns with lower volatility than benchmarks

EuroPacific Growth Fund® and New Perspective Fund® both have had favorable risk-adjusted results compared to their benchmarks.

Sharpe ratios indicate excess return per unit of risk (figures as of December 31, 2022)1

Graph shows that EuroPacific Growth Fund's Sharpe ratio was equal to that of MSCI ACWI ex USA over 3 years and higher over 5 years, 10 years, 15 years and 20 years. New Perspective Fund's Sharpe ratio was higher than that of MSCI ACWI over 3 years, 5 years, 10 years, 15 years and 20 years.

Sources: Capital Group, Morningstar. Sharpe ratio is calculated by using standard deviation and return in excess of the risk-free rate to determine reward per unit of risk. The higher the Sharpe ratio, the better the portfolio’s historical risk-adjusted performance.


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* Rolling monthly 10-year periods for the past 30 years, ending December 31, 2022. The fund’s benchmark index is the EuroPacific Growth Fund Historical Benchmarks Index. EuroPacific Growth Fund Historical Benchmarks Index returns reflect the results of the MSCI EAFE® Index through 03/31/2007 and the MSCI All Country World ex USA Index, the fund’s current primary benchmark, thereafter. MSCI EAFE® (Europe, Australasia, Far East) Index is a free float-adjusted market capitalization weighted index that is designed to measure developed equity market results, excluding the United States and Canada. MSCI All Country World ex USA Index is a free float-adjusted market capitalization weighted index that is designed to measure equity market results in the global developed and emerging markets, excluding the United States. The index consists of more than 40 developed and emerging market country indexes. Results reflect dividends net of withholding taxes. These indexes are unmanaged, and their results include reinvested dividends and/or distributions but do not reflect the effect of sales charges, commissions, account fees, expenses or U.S. federal income taxes. The Morningstar category from EUPAC inception until September 2014 was Foreign Large Blend and Foreign Large Growth thereafter.

As of July 17, 2023 (EUPAC), and July 3, 2023 (NPF), based on Class R-6 shares.

Source: “Mutual funds most used by DC plans, by asset class 2022,” Pensions & Investments, November 2, 2022, based on assets as of June 30, 2022, International/global equity category.

§ Rolling monthly 10-year periods for the past 30 years, ending December 31, 2022. 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 do 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.

** Source: Morningstar, "The Thrilling 30" by Russel Kinnel, September 29, 2023. Morningstar's screening took into consideration expense ratios, manager ownership, returns over manager's tenure, and Morningstar Risk, Medalist and Parent ratings. The universe was limited to share classes accessible to individual investors with a minimum investment no greater than $50,000, did not include funds of funds, and must be rated by Morningstar analysts. Class A shares were evaluated for American Funds. Visit for more details.

Unless otherwise indicated, data is as of December 31, 2022, and fund data is for Class R-6 shares.

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Results for certain funds with an inception date after the share class inception also include hypothetical returns because those funds' shares sold after the funds' date of first offering. View dates of first sale and specific expense adjustment information.
  1. Calculated by Morningstar. Due to differing calculation methods, the figures shown here may differ from those calculated by Capital Group.
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