A global core that gives clients confidence
Build portfolios based on our investment excellence
For the core of your clients’ global equity portfolio, you need a foundation that’s strong and flexible enough for an evolving world. With a style-agnostic approach to selecting stocks, Capital Group’s New Perspective strategy has stood the test of time with excess returns delivered over many market cycles. Originally offered only to US-based investors, the strategy is now available to investors via Capital Group New Perspective Fund (AU), which is managed by the same experienced team and follows the same approach as the US strategy.
Growth and resilience
Investing in multinational companies offers diversification, and potential growth and resilience through their ability to innovate and strong balance sheets.
A global equity leader
As a gold-rated fund, Morningstar singles out the New Perspective Fund on the basis of its multi-manager investment approach which ”sets it up for long-term success.”
Five decades of excess returns
For 50 years the strategy has delivered excess return across a variety of different market environments, including up and down markets, value and growth-driven markets and various inflationary environments.
Our successful track record rests on our strength in fundamental research and the diverse perspectives of our investment experts.
Finding the multinationals of the future
Our investment team seek out early-stage multinationals with the potential to become global champions. We invest in these multinationals of the future alongside established global companies that are driving, shaping and benefiting from a rapidly evolving economy.
Diverse perspectives deliver stronger investment ideas
Designing our portfolio to deliver consistently across market cycles relies on our unique investment approach – the Capital System™. It’s a strategy that draws on multiple perspectives to deliver the combined benefits of independent high-conviction decision-making and different backgrounds, styles and approaches.
“Capital Group New Perspective’s veteran leadership and time-tested approach targeting firms benefiting from global trade continues to earn our strongest conviction.”
Source: Morningstar Capital Group New Perspective Fund (AU) Analyst RatingTM Report, 23 September 2022.
Absolute and relative rolling returns over the strategy's 49-year lifetime
Past results are not a guarantee of future results.
Data as at 31 December 2022. Returns are in A$ terms.
Results prior to Capital Group New Perspective Fund (AU) (CGNPAU)’s launch on 20 November 2015 are derived from the American Funds New Perspective Fund (AF NPF) in A$ from 31 March 1973. American Funds are not registered for sale outside of the United States. CGNPAU and AF NPF are managed by the same team of managers and have the same investment strategy, restrictions and risk profile. The returns are after fees and are based on the total management cost of 1.05% p.a. that was applicable to CGNPAU up until 30 April 2017, 0.95% p.a. until 30 June 2022 and 0.75% p.a. from 1 July 2022.
1. MSCI All Country World Index (ACWI) (net dividends reinvested) from 30 September 2011; previously MSCI World (net dividends reinvested). Source: MSCI
Morningstar comment on Capital Group New Perspective Fund (AU)
In this video, hear Michael Malseed, Associate Director of Manager Research, outlines why Morningstar has given Capital Group New Perspective Fund (AU) a Gold Morningstar Analyst Rating™.
| % | New Perspective1 |
|---|---|
| Annualised lifetime return (50 years) | 13.3 |
| Standard deviation2 | 14.1 |
| 3 years p.a. | 8.2 |
| 5 years p.a. | 10.5 |
| 10 years p.a. | 14.4 |
Past results are not a guarantee of future results.
1. Data as at 28 February 2023. Results prior to CGNPAU’s launch on 20 November 2015 are derived from the AF NPF in A$ from 31 March 1973. The returns are after fees and are based on the total management cost of 1.05% p.a. that was applicable to CGNPAU up until 30 April 2017, 0.95% p.a. with effect from 1 May 2017. Source: Capital Group
2. Standard deviation is calculated using monthly geometric excess returns.
Risk factors you should consider before investing:
- This material is not intended to provide investment advice or be considered a personal recommendation.
- The value of investments and income from them can go down as well as up and you may lose some or all of your initial investment.
- Past results are not a guide to future results.
- If the currency in which you invest strengthens against the currency in which the underlying investments of the fund are made, the value of your investment will decrease. Currency hedging seeks to limit this, but there is no guarantee that hedging will be totally successful.
- The Prospectus – together with any locally-required offering documentation – set out risks, which, depending on the fund, may include risks associated with investing in fixed income, derivatives, emerging markets and/or high-yield securities; emerging markets are volatile and may suffer from liquidity problems.