Growth Funds

American Funds Insurance Series® – International Fund (VII)

Summary

Exclusively outside the U.S.Seeks capital growth from investments in stocks of companies based primarily outside the United States, including developing countries.
Price at NAV
$17.98
as of 3/28/2025 (updated daily)
Fund Assets (millions)
$6,935.8
Portfolio Managers
4
Expense Ratio (Gross/Net %)3
0.53 / 0.53%

Returns at NAV

3.68%
1-year return
4.26%
5-year return
4.02%
10-year return
1.40%
30-Day SEC Yield
Returns as of 2/28/2025 (updated monthly). Yield as of 2/28/2025 (updated monthly).

Asset Mix

U.S. Equities
4.3%
Non-U.S. Equities
93.3%
U.S. Bonds
0.0%
Non-U.S. Bonds
0.0%
Cash & Equivalents
2.3%
As of 2/28/2025 (updated monthly)
U.S. Equities
4.3%
Non-U.S. Equities
93.3%
U.S. Bonds
0.0%
Non-U.S. Bonds
0.0%
Cash & Equivalents
2.3%
As of 2/28/2025 (updated monthly)

Growth of 10K

For Class 1 Shares , this chart tracks a hypothetical investment with dividends reinvested, over the last 20 years, or, since inception date if the fund has been in existence under 20 years, through 12/31/2024.
  • VII
  • MSCI All Country World Index (ACWI) ex USA
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High & Low Prices

Market Capitalization

88.2%
Large
11.8%
Medium
0%
Small
$119,779.00 Million
Weighted Average
As of 12/31/2024 (updated quarterly). FactSet data as of 12/31/2024 (updated quarterly).

Morningstar Ownership Zone

Foreign Large Growth
Foreign Large Growth
Weighted average of holdings
75% of fund's stock holdings
Morningstar data as 12/31/2024 (updated quarterly)

Description

Fund Objective

The fund's investment objective is to provide long-term growth of capital.

Distinguishing Characteristics

Seeks capital growth from investments in stocks of companies based primarily outside the United States, including developing countries.

Types of Investments

Common stocks and cash and equivalents.

Holdings Outside the U.S

The fund invests primarily in stocks of companies outside the U.S., including companies based in developing countries.

Fund Facts

Fund Inception 5/1/1990
Fund Assets (millions) $6,935.8
As of 2/28/2025
Companies/Issuers 135 +
Holdings are as of 2/28/2025 (updated quarterly).
Regular Dividends Paid 0Jun, Dec
Capital Gains Paid Jun
Portfolio Turnover (2024) 35%
Fiscal Year-End Dec
Prospectus Date 05/01/2024
CUSIP 030372 70 0
Fund Number 71

Returns

Month-End Returns as of 2/28/2025

VII
MSCI All Country World Index (ACWI) ex USA
ANNUAL RETURNS CHART

Quarter-End Returns as of 12/31/2024

Volatility & Return

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Equities
For Class 1 Shares,this chart tracks the 10-year standard deviationand 10-year annualized return of the equity funds.
  • VII
  • MSCI
    All Country World Index (ACWI) exUSA
  • Other
    AFfunds
Standard Deviation as of 02/28/2025 (updated monthly). Annualized return as of 02/28/2025 (updated monthly).
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Yield

12-month
Distribution Rates 30-day SEC Yield
Fund at NAV 1.46%1.4%
As of 2/28/2025 (updated monthly)

Valuation

Price/ Price/ Price/
Book Cash Flow Earnings
Fund 2.608.3016.77
MSCI All Country World Index (ACWI) ex USA 1.708.3013.30
Fund as of 12/31/2024. Index as of 12/31/2024.

Portfolio Management

Years of Experience with Fund
Years of Experience with Capital Group
Years of Experience with Investment Industry
Nicholas J. Grace430
Sung Lee172930
Renaud H. Samyn92227
Christopher Thomsen172630
A boldface number indicates that years of experience with Capital Group is equal to years of experience with investment industry.

Ratings & Risk

Morningstar RatingTM

Overall Morningstar RatingTM
Funds rated (368)
3-yr. Morningstar RatingTM
(368 funds rated)
5-yr. Morningstar RatingTM
(334 funds rated)
10-yr. Morningstar RatingTM
(210 funds rated)
Overall Morningstar Risk
Average
LOW
HIGH
Category Foreign Large Growth
Ratings are based on risk-adjusted returns as of 2/28/2025 (updated monthly).

Risk Measures

Fund
StandardDeviation
15.86
SharpeRatio
0.21
For the 10 Years ending 2/28/2025 (updated monthly).
Insurance Series/Morningstar Benchmark
MSCI ACWI Ex USA NRUSD
R-squared
93.70
Beta
1.02
Capture Ratio(Downside/Upside)
102.63/98.70

Morningstar Benchmark for the 10 Years ending 2/28/2025 (updated monthly).

Holdings

Equities Breakdown

Equity Fund Holdings
Industrials 21.0%
Financials 14.3%
Information technology 14.2%
Consumer discretionary 13.9%
Materials 10.7%
Health care 9.4%
Communication services 5.6%
Consumer staples 3.8%
Energy 3.7%
Utilities 1.0%
Real estate 0.1%
% of net assets as of 2/28/2025 (updated monthly)

Top Equities

  • Novo Nordisk
    3.5%
  • Airbus
    3.4%
  • TSMC
    3.1%
  • Recruit Holdings
    2.9%
  • Daiichi Sankyo
    2.6%
  • First Quantum Minerals
    2.6%
  • Banco Bilbao Vizcaya Argentaria
    2.4%
  • MercadoLibre
    2.3%
  • Shopify
    2.3%
  • Standard Chartered
    2.2%
% of net assets as of 2/28/2025 (updated monthly)

Geographic Breakdown

  • United States
    4.3%
  • Europe
    50.7%
  • Asia & Pacific Basin
    30.1%
  • Other (Including Canada & Latin America)
    12.5%
  • Cash & equivalents
    2.3%
% of net assets as of 02/28/2025 (updated monthly).

The New Geography of Investing ®

RegionsFundMSCI All Country World Index (ACWI) ex USA
United States4.4%0.0%
Canada8.4%7.9%
Europe51.9%42.8%
Japan11.0%13.8%
Asia-Pacific ex. Japan3.6%6.8%
Emerging Markets20.6%28.7%
% of net assets as of 2/28/2025 (updated monthly)
Fund Breakdown by Domicile
RegionsFund
MSCI All Country World Index (ACWI) ex USA
United States 4.3%0.0%
Canada 8.2%7.9%
Europe 50.7%42.8%
Japan 10.8%13.8%
Asia-Pacific ex. Japan 3.5%6.8%
Emerging Markets 20.1%28.7%
Cash & Equivalents 2.3%--
% of net assets as of 2/28/2025 (updated monthly)

Prices & Distributions

Historical Prices Month-End

Historical Prices Year-End

2025
historical-prices

Historical Prices Year-End

Historical Distributions

as of 12/11/2024
2025
Record DateCalculated DatePay Date Income Dividend Regular Income Dividend Special Cap. Gains Long-Term Cap. Gains Short-Term Reinvest NAV
No data available for 2025
Year-to-Date:Dividends Subtotal: --Cap Gains Subtotal: --
Total Distributions: --

Fees & Expenses 3

Fees

Annual Management Fees0.48%
Other Expenses0.05%
Service 12b-1--

As of each fund's most recent prospectus.

Expense Ratio

Gross Net
VII0.53%0.53%
Fund as of most recent prospectus.

Figures shown are past results and are not predictive of results in future periods. Current and future results may be lower or higher than those shown. Investing for short periods makes losses more likely. Prices and returns will vary, so investors may lose money. If such fees and expenses had been deducted, results would have been lower. For results reflecting contract-level fees and expenses, contact the insurance company that issues your contract or visit its website. View annuity expense ratios and returns.

Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so they may lose value.

Investors should carefully consider investment objectives, risks, charges and expenses. This and other important information is contained in the fund prospectuses and summary prospectuses, which can be obtained from a financial professional and should be read carefully before investing.

Investments in mortgage-related securities involve additional risks, such as prepayment risk.

The use of derivatives involves a variety of risks, which may be different from, or greater than, the risks associated with investing in traditional securities, such as stocks and bonds.

Interests in Capital Group's U.S. Government Securities portfolios are not guaranteed by the U.S. government.

Lower rated bonds are subject to greater fluctuations in value and risk of loss of income and principal than higher rated bonds.

The return of principal for bond portfolios and for portfolios with significant underlying bond holdings is not guaranteed. Investments are subject to the same interest rate, inflation and credit risks associated with the underlying bond holdings.

While not directly correlated to changes in interest rates, the values of inflation-linked bonds generally fluctuate in response to changes in real interest rates and may experience greater losses than other debt securities with similar durations.

Investing outside the United States involves risks, such as currency fluctuations, periods of illiquidity and price volatility. These risks may be heightened in connection with investments in developing countries.

Nondiversified funds have the ability to invest a larger percentage of assets in the securities of a smaller number of issuers than a diversified fund. As a result, poor results by a single issuer could adversely affect fund results more than if the fund invested in a larger number of issuers. See the applicable prospectus for details.

Smaller company stocks entail additional risks, and they can fluctuate in price more than larger company stocks.

Allocations may not achieve investment objectives. The portfolios' risks are related to the risks of the underlying funds as described herein, in proportion to their allocations.

Although the target date portfolios are managed for investors on a projected retirement date time frame, the allocation strategy does not guarantee that investors' retirement goals will be met. Investment professionals manage the portfolio, moving it from a more growth-oriented strategy to a more income-oriented focus as the target date gets closer. The target date is the year that corresponds roughly to the year in which an investor is assumed to retire and begin taking withdrawals. Investment professionals continue to manage each portfolio for approximately 30 years after it reaches its target date.

All Capital Group trademarks mentioned are owned by The Capital Group Companies, Inc., an affiliated company or fund. All other company and product names mentioned are the property of their respective companies.

Investment results assume all distributions are reinvested and reflect applicable fees and expenses.

When applicable, results reflect fee waivers and/or expense reimbursements, without which they would have been lower and net expenses higher. Read details about how waivers and/or reimbursements affect the results for each fund. View results and yields without fee waiver and/or expense reimbursement.

For Class 1 shares of the funds listed below, the investment adviser has agreed to waive a portion of the management fee through the date(s) listed below, without which results would have been lower and net expenses higher.

  • American Funds Insurance Series - American High-Income Trust (expiration: 5/1/2025)
  • American Funds Insurance Series - The Bond Fund of America (expiration: 5/1/2025)
  • American Funds Insurance Series - Capital Income Builder (expiration: 5/1/2025)
  • American Funds Insurance Series - American Funds Global Balanced Fund (expiration: 5/1/2025)
  • American Funds Insurance Series - Global Growth Fund (expiration: 5/1/2025)
  • American Funds Insurance Series - U.S. Government Securities Fund (expiration: 5/1/2025)
  • American Funds Insurance Series - American Funds Mortgage Fund (expiration: 5/1/2025)
  • American Funds Insurance Series - New World Fund (expiration: 5/1/2025)
  • American Funds Insurance Series - Global Small Capitalization Fund (expiration: 5/1/2025)
  • American Funds Insurance Series - U.S. Small and Mid Cap Equity Fund (expiration: 5/1/2025)
  • American Funds Insurance Series - Capital World Growth and Income Fund (expiration: 5/1/2025)
  • American Funds Insurance Series - Washington Mutual Investors Fund (expiration: 5/1/2025)
The fund's board may elect at its discretion to extend, modify or terminate the waiver as of any noted expiration date. Please refer to the fund's most recent prospectus for details.

  1. YTD (year-to-date return): For the period from January 1 of the current year to the date shown or from inception date if first offered after January 1 of the current year.
  2. When applicable, returns for less than one year are not annualized, but calculated as cumulative total returns.
  3. Expense ratios are as of each fund's prospectus/characteristics statement available at the time of publication. For Class1 shares of the funds listed below, expense ratios are estimated.
    - American Funds IS 2070 Target Date Fund
    - American Funds Insurance Series - U.S. Small and Mid Cap Equity Fund

Use of this website is intended for U.S. residents only.

American Funds Insurance Series serves as an underlying investment option for multiple insurance products, including variable annuity contracts and variable life insurance policies. Availability of funds will vary based on the insurance contract offered.

Capital Client Group, Inc.

This content, developed by Capital Group, home of American Funds, should not be used as a primary basis for investment decisions and is not intended to serve as impartial investment or fiduciary advice.