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.
- NAV / 1-Day Return 53.85 / 0.35 %
- Total Assets 130.2 Bil
-
Adj. Expense Ratio
0.470%
- Expense Ratio 0.470%
- Distribution Fee Level Low
- Share Class Type Retirement, Large
- Category Foreign Large Growth
- Investment Style Large Growth
- Min. Initial Investment 250
- Status Open
- TTM Yield 1.72%
- Turnover 34%
Morningstar’s Analysis RERGX
Will RERGX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings 343
- Bond Holdings 0
- Other Holdings 12
- % Assets in Top 10 Holdings 22.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector
Capital Group Central Cash Fund
6.67
8,444,209,004
Cash and Equivalents