Firm veteran Martin Jacobs will become American Funds AMCAP’s ninth named portfolio manager on May 1, 2021. This news does not alter the strategy’s Morningstar Analyst Ratings of Gold or Silver, depending on share class fees.
Will AMPFX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable AMPFX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the AMPFX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of AMPFX’s parent organization’s priorities and whether they’re in line with investors’ interests.