Early-stage multinationals
Established multinationals
Capital Group New Perspective Composite
Rolling monthly three-year returns from inception to 31 March 2024
Market return1 |
Number of periods |
How often the composite outpaced the market2 |
---|---|---|
>0% 'Up market' |
497 |
85% |
<0% 'Down market' |
80 |
100% |
Capital Group New Perspective Fund (LUX)
Investment results as at 31 March 2024 in USD terms (after fees and expenses – Z share class)
Year |
Capital Group New Perspective Fund (LUX)4 |
MSCI ACWI2 |
Excess return3 |
---|---|---|---|
2015 From 30 October |
-1.3 |
-2.6 |
1.3 |
2016 |
1.4 |
7.9 |
-6.4 |
2017 |
28.2 |
24.0 |
4.2 |
2018 |
-6.3 |
-9.4 |
3.1 |
2019 |
29.6 |
26.6 |
3.0 |
2020 |
33.1 |
16.3 |
16.9 |
2021 |
17.4 |
18.5 |
-1.1 |
2022 |
-26.2 |
-18.4 |
-7.8 |
2023 |
24.2 |
22.2 |
2.0 |
2024 3 months |
8.0 |
8.2 |
-0.2 |
An unconstrained approach to global investing focusing on high quality multinational companies
Class Z in EUR. Overall rating among 2187 Global
Large-Cap Growth Equity Funds as at 31 January 2024.
Morningstar Medalist RatingTM as at 3 July 2023.
Bérenger de la Blache, CFA
Managing Director,
Financial Intermediaries & Institutional
Luxembourg, Belgium & France
Kim Pex
Managing Director,
Financial Intermediaries & Institutional
Luxembourg, Belgium & France
Zoé Lavaud
Business Development Associate
Financial Intermediaries & Institutional
Luxembourg, Belgium & France
Fatiha Benmaamar
Client Relations Manager
Luxembourg, Belgium & France
Grégoire Seron
Marketing Director
Luxembourg, Belgium & France
Marie Henquet
Client Group Assistant
Luxembourg, Belgium & France
Capital Group New Perspective Fund (LUX)
Counterparty risk: Other financial institutions provide services to the fund such as safekeeping of assets, or may serve as a counterparty to financial contracts such as derivatives. There is a risk the counterparty will not meet their obligations.
Emerging markets risk: Investments in emerging markets are generally more sensitive to risk events such as changes in the economic, political, fiscal and legal environment.
Equities risk: The prices of equity securities may decline in response to certain events, including those directly involving the companies whose securities are owned by the fund, overall market changes, local, regional or global political, social or economic instability and currency fluctuations.
Liquidity risk: In stressed market conditions, certain securities held by the fund may not be able to be sold at full value, or at all. This could cause the fund to defer or suspend redemptions of its shares, meaning investors may not have immediate access to their investment.
Operational risk: The risk of potential loss resulting from inadequate or failed internal processes, people and systems or from external events.
Sustainability risk: Environmental, social or governance event or condition that, if it occurs, could cause an actual or potential material negative impact on the value of an investment of the fund.
Risk factors you should consider before investing:
Data as at 31 March 2024. Capital Group New Perspective Fund (LUX) was launched on 30 October 2015. The investment results shown here are for the Capital Group New Perspective Composite (defined as a single group of discretionary portfolios that collectively represent a particular investment strategy or objective). This is intended to illustrate our experience and capability in managing this strategy over the long term. Our Luxembourg fund has been a member of this composite since the beginning of November 2015.
The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results. For more detailed information about Morningstar’s Analyst Rating, including its methodology, please go to global.morningstar.com/managerdisclosures/.
In USD terms. Composite data is shown for illustrative purposes only. Capital Group New Perspective Fund (LUX) has been a member of this composite since the beginning of November 2015.
Results shown for the Capital Group New Perspective Composite, from inception at 31 March 1973 (net of fees, B). Source: Capital Group
Index is MSCI All Country World Index (ACWI) (net dividends reinvested) from 30 September 2011; previously MSCI World (net dividends reinvested). Source: MSCI
In USD terms. Composite data is shown for illustrative purposes only. Capital Group New Perspective Fund (LUX) has been a member of this composite since the beginning of November 2015.
Results shown for the Capital Group New Perspective Composite, from inception at 31 March 1973 (net of fees, B). Source: Capital Group
Index is MSCI All Country World Index (ACWI) (net dividends reinvested) from 30 September 2011; previously MSCI World (net dividends reinvested). Source: MSCI