Seasoned leadership continues to guide American Funds New Perspective using a proven method for finding firms benefiting from global trade. Its cheapest share classes earn a Morningstar Analyst Rating of Gold, while pricier shares come in at Silver.
American Funds New Perspective R6 RNPGX
NAV / 1-Day Return
70.35
/
0.03
%
Total Assets
148.0 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
0.420%
Expense Ratio
0.420%
Fee Level
Low
Longest Manager Tenure
20.90
years
Category
World Large-Stock Growth
Investment Style
Large GrowthMin. Initial Investment
250
Status
Open
TTM Yield
0.35%
Turnover
26%
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Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will RNPGX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable RNPGX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the RNPGX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of RNPGX’s parent organization’s priorities and whether they’re in line with investors’ interests.
With experienced management and low fees, this fund remains attractive.
