American Funds’ parent Capital Group announced that veteran manager Jonathan Knowles will step off American Funds EuroPacific Growth on Jan. 2, 2024, and retire from the firm on April 1, 2024. Knowles has spent 17 of his 31 years at Capital Group managing this strategy. In November, Samir Parekh will officially join the management team, bringing the total number of named managers to 13. While Knowles’ retirement is a loss, it is one that Capital Group is equipped to handle. These changes do not alter the strategy’s High People rating or its Morningstar Medalist Ratings.
American Funds Europacific Growth 529F3 FEPUX
- NAV / 1-Day Return 58.92 / +0.39 %
- Total Assets 139.7 Bil
-
Adj. Expense Ratio
- Expense Ratio 0.530%
- Distribution Fee Level Below Average
- Share Class Type No Load
- Category Foreign Large Growth
- Investment Style Large Growth
- Min. Initial Investment 250
- Status Open
- TTM Yield —
- Turnover 34%
USD | NAV as of May 10, 2024 | 1-Day Return as of May 10, 2024, 10:12 PM GMT+0
Morningstar’s Analysis FEPUX
Will FEPUX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 23.7
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Novo Nordisk A/S Class B | 4.60 | 6.5 Bil | Healthcare |
Capital Group Central Cash Fund | 3.20 | 4.5 Bil | Cash and Equivalents |
Taiwan Semiconductor Manufacturing Co Ltd | 2.83 | 4.0 Bil | Technology |
Airbus SE | 2.41 | 3.4 Bil | Industrials |
Fujitsu Ltd | 2.39 | 3.4 Bil | Technology |
Safran SA | 2.29 | 3.2 Bil | Industrials |
ASML Holding NV | 2.09 | 3.0 Bil | Technology |
Reliance Industries Ltd | 2.02 | 2.9 Bil | Energy |
Canadian Natural Resources Ltd | 1.70 | 2.4 Bil | Energy |
Daiichi Sankyo Co Ltd | 1.70 | 2.4 Bil | Healthcare |