long-term-investment | Capital Group


Capital Group New Perspective Fund (LUX)

May 2016

Long-term investing – Countering investors’ behavioural biases

Behavioural biases such as loss aversion and herd mentality can play a big part in investors' decisions and can make a dramatic difference to investment returns. At Capital Group, we believe that rather than trying to second-guess markets, it is better to stay invested in a portfolio such as Capital Group New Perspective Fund (LUX) — given that the New Perspective strategy has a history of withstanding market volatility — and remain focused on long-term goals. 


Capital Group New Perspective Composite Investment results (US$) as at 31 August 2017
Before fees: 13.2%1
After fees: 11.5%2
MSCI ACWl: 8.5%3

1. Results shown for the Capital Group New Perspective Composite, from inception at 31 March 1973, are asset-weighted and based on initial weights and monthly returns and gross of management fees. Provisional. Source: Capital Group

2. Net of highest management fees. Actual investment results net of management fees may differ depending on investor profile and size of investment. Provisional. Source: Capital Group.

3. MSCI All Country World Index (net dividends reinvested) from 30 September 2011; previously MSCI World (net dividends reinvested). Source: MSCI

This information supplements or enhances required or recommended disclosure and presentation provisions of the GIPS® standards, which if not included herein, are available upon request. GIPS is a trademark owned by CFA Institute. 


All information as at 16 May 2016 unless otherwise stated. This communication is intended for advisers and professional investors only, and should not be relied upon by retail investors. Past results are not predictive of future results. This information is neither an offer nor a solicitation to buy or sell any securities or to provide any investment service. While Capital Group uses reasonable efforts to obtain information from sources which it believes to be reliable, Capital Group makes no representation or warranty as to the accuracy, reliability or completeness of the information. This communication is not intended to be comprehensive or to provide investment, tax or other advice. It has been prepared for multiple distributions and does not take account of the specific investment objectives of individual recipients and it may not be appropriate in all circumstances. The information provided in this communication is of a general nature and does not take into account your objectives, financial situation or needs. Before acting on any of the information you should consider its appropriateness, having regard to your own objectives, financial situation and needs.

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