Investment Fund

Share Class
Purchase Restrictions: Class 529-F-2 share funds are available only for CollegeAmerica accounts sold through Registered Investment Advisors.

Summary

Internal Prompt
A dynamic approach to growth investing. Seeks growth by investing in companies that can benefit from innovation, exploit new technologies or provide products and services that meet the demands of an evolving global economy.
Price at NAV $67.17 as of 11/22/2024 (updated daily)
Fund Assets (millions) $35,537.2
Portfolio Managers
8
Expense Ratio
(Gross/Net %)
0.54 / 0.54%
Prospectus
Internal Prompt

Returns at NAV

Returns with Sales Charge

Asset Mix

U.S. Equities74.9%
Non-U.S. Equities22.4%
U.S. Bonds0.0%
Non-U.S. Bonds0.0%
Cash & Equivalents
2.6%
As of 10/31/2024 (updated monthly)

Growth of 10K

Read important investment disclosures

High & Low Prices

Market Capitalization

79.1%
Large
15.3%
Medium
5.5%
Small
$657,485.00 Million
Weighted Average


As of 9/30/2024 (updated quarterly). FactSet data as of 9/30/2024 (updated quarterly).

Morningstar Ownership ZoneTM

Global Large-Stock Growth
Weighted average of holdings
75% of fund's stock holdings
Morningstar data as of 9/30/24 (updated quarterly)
INSIGHTS ON THE MORNINGSTAR OWNERSHIP ZONE

Description

Fund Objective
The investment objective of the fund is long-term growth of capital.
Distinguishing Characteristics
This strategy seeks growth by investing in companies that can benefit from innovation, exploit new technologies or provide products and services that meet the demands of an evolving global economy. While a majority of assets are invested in U.S.-domiciled companies, the strategy has notable flexibility to pursue growth opportunities globally.
Types of Investments
Invests primarily in common and preferred stocks, securities convertible into common stocks, and cash and equivalents.
Holdings Outside the U.S.
May invest up to 50% of assets in securities of companies domiciled outside the U.S.

Fund Facts

Fund Inception 12/01/1983
Fund Assets (millions)
As of 10/31/2024
 $35,537.2
Companies/Issuers
Holdings are as of 10/31/2024 (updated monthly).
 204+
Shareholder Accounts
Shareholder accounts are as of 10/31/2024
 9,671
Regular Dividends Paid
Dec
Minimum Initial Investment $250
Capital Gains Paid
Dec
Portfolio Turnover (2023) 39%
Fiscal Year-End Nov
Prospectus Date 02/01/2024
CUSIP 643822 745
Fund Number 1614

Returns

Internal Prompt

Month-End Returns as of 10/31/24

Returns at NAV
| With Sales Charge
Read important investment disclosures
FNEEX
MSCI All Country World Index (ACWI)
ANNUAL RETURNS CHART

Quarter-End Returns as of 9/30/24

Internal Prompt

Volatility & Return

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Equities

For Class 529-F-2 Shares, this chart tracks the 10-year standard deviation
and 10-year annualized return of the equity funds
FNEEX
MSCI All Country World Index (ACWI)
Other AF Funds
Standard Deviation as of 10/31/2024 (updated monthly) . Annualized return as of 10/31/2024 (updated monthly) .
VIEW LARGER CHART
Internal Prompt

Yield

12-month
Distribution Rates
30-day SEC Yield
Fund at NAV 0.39% 0.31%
Fund at MOP N/A N/A
As of 10/31/2024 (updated monthly)

Valuation

Price/ Price/ Price/
Book
Cash Flow
Earnings
Fund 5.01 16.17 21.97
MSCI All Country World Index (ACWI)
2.80 12.30 17.80
Fund as of 9/30/24. Index as of 9/30/24.

Portfolio Management

Years of Experience with Fund
Years of Experience with Capital Group
Years of Experience with Investment Industry
Paul Benjamin 1 18
Mathews Cherian 6 20 27
Tomoko Fortune 4 5 27
Caroline Jones 7 20 26
Harold H. La 18 25
Reed Lowenstein 5 25
Lara Pellini 3 22
Richmond Wolf 6 18
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(324)
3-yr. Morningstar RatingTM
(324 funds rated)
5-yr. Morningstar RatingTM
(276 funds rated)
10-yr. Morningstar RatingTM
(192 funds rated)
Overall Morningstar Risk Average
HIGH
LOW
Category
Global Large-Stock Growth
ADVANTAGES AND DISADVANTAGES OF MORNINGSTAR RATINGS
Ratings are based on risk-adjusted returns as of 10/31/2024 (updated monthly).

Risk Measures

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Fund
Standard Deviation
15.83
Sharpe Ratio
0.63
For the 10 Years ending 10/31/24 (updated monthly).
American Funds/
Morningstar Benchmark
MSCI ACWI NR USD
R-squared
86
Beta
0.99
Capture Ratio (Downside/Upside)
94/103
American Funds and Morningstar Benchmark for the 10 Years ending 10/31/24 (updated monthly).
Active Share
66.0%
As of 9/30/24 (updated quarterly)

Holdings

Equities Breakdown

Sectors | Top Industries
Equity Fund Holdings
 Information technology 34.9%
Health care 17.8%
Financials 11.5%
Consumer discretionary 11.3%
Industrials 10.6%
Communication services 7.9%
Consumer staples 1.3%
Energy 1.3%
Materials 0.5%
Real estate 0.2%
Utilities 0.1%

% of net assets as of 10/31/2024 (updated monthly)

Top Equities

Broadcom
6.2%
Microsoft
4.8%
TSMC
4.5%
Amazon.com
4.0%
Meta Platforms
3.2%
NVIDIA
3.0%
Alphabet
2.5%
UnitedHealth Group
2.2%
SK hynix
2.0%
Eli Lilly
2.0%

% of net assets as of 10/31/2024 (updated monthly)

Geographic Breakdown

Regions | Top Countries
United States
74.9%
Europe
10.0%
Asia & Pacific Basin
10.0%
Other (Including Canada & Latin America)
2.4%
Cash & equivalents
2.6%
% of net assets as of 10/31/2024 (updated monthly)

The New Geography of Investing ®

Equity Portion Breakdown by Domicile | Equity Portion Breakdown by Revenue
Regions Fund
MSCI All Country World Index (ACWI)
United States 77.0% 65.2%
Canada 1.0% 2.7%
Europe 10.4% 14.3%
Japan 1.5% 4.9%
Asia-Pacific ex. Japan 0.1% 2.5%
Emerging Markets 10.0% 10.4%

% of net assets as of 10/31/2024 (updated monthly)

Fund Breakdown by Domicile

Regions Fund
MSCI All Country World Index (ACWI)
United States 74.9% 65.2%
Canada 1.0% 2.7%
Europe 10.1% 14.3%
Japan 1.5% 4.9%
Asia-Pacific ex. Japan 0.1% 2.5%
Emerging Markets 9.8% 10.4%
Cash & Equivalents
2.6% 0.0%

% of net assets as of 10/31/2024 (updated monthly)

Prices & Distributions

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Historical Prices Month-End

2024

Historical Prices Year-End

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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
12/13/23 12/13/23 12/14/23 $0.2617 $0.00 $2.008 $0.00 $53.13
2023 Year-to-Date: Dividends Subtotal: $0.2617 Cap Gains Subtotal: $2.008
Total Distributions: $2.2697

Fees & Expenses

Internal Prompt

Fees

Annual Management Fees 0.37%
Other Expenses 0.17%
Service 12b-1 --
As of each fund's most recent prospectus.
Internal Prompt

Expense Ratio

FNEEX 0.54%
Lipper Global Funds Average
--%
Fund as of most recent prospectus. Lipper Category as of -- (updated quarterly).