Investment Fund

Share Class
Purchase Restrictions: Class 529-F-1 share funds are available only for CollegeAmerica accounts sold through Registered Investment Advisors.

Summary

Internal Prompt
A prudent approach to global investing. Global strategy 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 $21.95 as of 4/15/2024 (updated daily)
Fund Assets (millions) $11,008.2
Portfolio Managers
5
Expense Ratio
(Gross/Net %)
0.89 / 0.89%
Prospectus (PDF)

Internal Prompt

Returns at NAV

Returns with Sales Charge

Asset Mix

U.S. Equities47.2%
Non-U.S. Equities48.2%
U.S. Bonds0.0%
Non-U.S. Bonds0.0%
Cash & Equivalents
4.6%
As of 3/31/2024 (updated monthly)

Growth of 10K

Read important investment disclosures

High & Low Prices

Market Capitalization

84.3%
Large
15.2%
Medium
0.5%
Small
$108,586.52 Million
Weighted Average


As of 12/31/2023 (updated quarterly). Morningstar data as of 12/31/2023 (updated quarterly).

Morningstar Ownership ZoneTM

Global Large-Stock Blend
Weighted average of holdings
75% of fund's stock holdings
Morningstar data as of 12/31/23 (updated quarterly)
INSIGHTS ON THE MORNINGSTAR OWNERSHIP ZONE

Description

Fund Objective
The fund's investment objective is to provide prudent growth of capital and conservation of principal.
Distinguishing Characteristics
This global 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 than the market – 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.
Holdings Outside the U.S.
The fund will invest at least 40% of its net assets in issuers outside of the United States under normal market conditions.
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 2/29/2024
 $11,008.2
Companies/Issuers
Holdings are as of 3/31/2024 (updated monthly).
 188+
Shareholder Accounts
Shareholder accounts are as of 3/31/2024
 1
Regular Dividends Paid
Dec
Minimum Initial Investment $250
Capital Gains Paid
Dec
Portfolio Turnover (2023) 23%
Fiscal Year-End Oct
Prospectus Date 01/01/2024
CUSIP 14020E 86 6
Fund Number 14122

Returns

Internal Prompt

Month-End Returns as of 3/31/24

Returns at NAV
| With Sales Charge
Read important investment disclosures
CGVFX
MSCI World Index
ANNUAL RETURNS CHART

Quarter-End Returns as of 3/31/24

Internal Prompt

Volatility & Return

Read important investment disclosures

Equities

For Class 529-F-1 Shares, this chart tracks the 10-year standard deviation
and 10-year annualized return of the equity funds
CGVFX
MSCI World Index
Other AF Funds
Standard Deviation as of 03/31/2024 (updated monthly) . Annualized return as of 03/31/2024 (updated monthly) .
VIEW LARGER CHART
Internal Prompt

Yield

12-month
Distribution Rates
30-day SEC Yield
Fund at NAV 1.28% 1.32%
Fund at MOP N/A N/A
As of 3/31/2024 (updated monthly)

Valuation

Price/ Price/ Price/
Book
Cash Flow
Earnings
Fund 3.39 11.01 17.91
MSCI World Index
2.70 11.50 17.30
Fund as of 12/31/23. Index as of 12/31/23.

Portfolio Management

Years of Experience with Fund
Years of Experience with Capital Group
Years of Experience with Investment Industry
Eu-Gene Cheah 1 26
Gerald Du Manoir 13 33
William L. Robbins 10 29 32
Steven T. Watson 7 34 36
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(338)
3-yr. Morningstar RatingTM
(338 funds rated)
5-yr. Morningstar RatingTM
(300 funds rated)
10-yr. Morningstar RatingTM
(202 funds rated)
Overall Morningstar Risk Below Average
HIGH
LOW
Category
Global Large-Stock Blend
ADVANTAGES AND DISADVANTAGES OF MORNINGSTAR RATINGS
Ratings are based on risk-adjusted returns as of 3/31/2024 (updated monthly).

Risk Measures

Read important investment disclosures
Fund
Standard Deviation
13.69
Sharpe Ratio
0.56
For the 10 Years ending 3/31/24 (updated monthly).
American Funds
Benchmark
Morningstar
Benchmark
MSCI World Index
MSCI ACWI NR USD
R-squared
96 96
Beta
0.90 0.91
Capture Ratio (Downside/Upside)
91/91 91/94
American Funds Benchmark for the 10 Years ending 3/31/24 (updated monthly).
Morningstar Benchmark for the 10 Years ending 3/31/24 (updated monthly).
American Funds
Benchmark
MSCI World Index
Active Share
69.9%
As of 12/31/23 (updated quarterly)

Holdings

Equities Breakdown

Sectors | Top Industries
Equity Fund Holdings
 Information technology 18.4%
Industrials 17.7%
Health care 14.6%
Financials 11.0%
Consumer discretionary 9.1%
Consumer staples 8.0%
Communication services 5.5%
Materials 4.1%
Energy 4.0%
Utilities 2.4%
Real estate 0.6%

% of net assets as of 3/31/2024 (updated monthly)

Top Equities

Novo Nordisk
3.2%
Broadcom
2.8%
Microsoft
2.4%
Alphabet
2.1%
Safran
2.1%
ASML
2.1%
AstraZeneca
1.8%
TotalEnergies
1.7%
Apple
1.5%
SAP
1.4%

% of net assets as of 3/31/2024 (updated monthly)

Geographic Breakdown

Regions | Top Countries
United States
47.2%
Europe
35.5%
Asia & Pacific Basin
10.6%
Other (Including Canada & Latin America)
2.1%
Cash & equivalents
4.6%
% of net assets as of 3/31/2024 (updated monthly)

The New Geography of Investing ®

Equity Portion Breakdown by Domicile | Equity Portion Breakdown by Revenue
Regions Fund
MSCI World Index
United States 49.4% 70.9%
Canada 1.4% 3.1%
Europe 37.4% 17.2%
Japan 7.7% 6.1%
Asia-Pacific ex. Japan 1.5% 2.7%
Emerging Markets 2.5% 0.0%

% of net assets as of 3/31/2024 (updated monthly)

Fund Breakdown by Domicile

Regions Fund
MSCI World Index
United States 47.2% 70.9%
Canada 1.4% 3.1%
Europe 35.7% 17.2%
Japan 7.4% 6.1%
Asia-Pacific ex. Japan 1.5% 2.7%
Emerging Markets 2.4% 0.0%
Cash & Equivalents
4.6% 0.0%

% of net assets as of 3/31/2024 (updated monthly)

Prices & Distributions

Internal Prompt

Historical Prices Month-End

2024

Historical Prices Year-End

Internal Prompt

Historical Distributions as of 01/25/24

FIND HISTORICAL DISTRIBUTIONS
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 $0.2916 $0.00 $0.00 $0.00 $20.78
2023 Year-to-Date: Dividends Subtotal: $0.2916 Cap Gains Subtotal: $0.00
Total Distributions: $0.2916

Fees & Expenses

Internal Prompt

Fees

Annual Management Fees 0.41%
Other Expenses 0.23%
Service 12b-1 0.25%
As of each fund's most recent prospectus.
Internal Prompt

Expense Ratio

CGVFX 0.89%
Lipper Global Funds Average
1.10%
Fund as of most recent prospectus. Lipper Category as of 3/31/24 (updated quarterly).

Resources

Prospectuses & Reports for CGVFX