A global equity fund that thrives on change

1. Access to an evolving portfolio of long-term winners
   New Perspective offers long-term growth investors a way to stay ahead of transformational changes. We do that by investing in companies that can endure, evolve and benefit from shifts in the global economy.
   
   
2. An attractive combination of resilience and growth
   By investing in a range of multinationals, from established global champions, to fast-growing early-stage multinationals, the New Perspective strategy has offered relative downside protection in falling markets (on a rolling three-year basis). It has also captured long-term structural growth in excess of MSCI ACWI over the medium and long term.
   
   
3. Proven track record
   Over its lifetime of 50 years, the strategy has managed to generate more wealth (in US dollar terms) than an investment in MSCI ACWI, and has demonstrated resilience during market declines.

Significant structural changes to the global economy and investment landscape are generating new long-term opportunities:

• Late-cycle market conditions demand a flexible approach in global equities, which does not simply rely on growth stocks to do well.
• As markets continue to be volatile, your clients may be looking for a strategy that has proved resilient when times are tough. 
• With its proven ability to weather different market environments for over 50 years, the New Perspective strategy could be a good solution for clients who have previously been tempted to stay out of the market.

New Perspective is positioned to address near- and long-term opportunities and challenges by having exposure to: 

• economically sensitive companies (e.g. banks)
• innovators with low penetration and long runways (e.g. Software-as-a-Service companies)
• companies with strong pricing power and the driving force of digitialisation (e.g. luxury goods and smart industrials)

The investment objective of the New Perspective fund is to achieve long-term growth of capital by investing in common stocks of companies located around the world.

Our investment team use bottom-up research to identify strong multinationals that:

• stand to gain from changing global trade patterns
• are often at the forefront of creating, driving and shaping the trends of the future

Multinationals represent a powerful subset of the global equity universe and have key advantages that can help deliver long-term growth.

Global companies that become really big winners build sustainable competitive advantages over time, and compound their gains over long periods.

Taking a truly long-term investment horizon is an integral part of the New Perspective strategy’s philosophy – we believe this is one of our biggest and most enduring competitive advantages in an industry that continues to shorten its outlook.

Taking the long view
We base our investment decisions on a long-term perspective, aligning our goals with the interests of your clients.  Superior, long-term returns are our goal. New Perspective managers are rewarded for their results, not the level of assets they manage.