Firm veterans Barbara Burtin and Patrice Collette will officially join American Funds New Perspective’s management team in December 2021, bringing the total number of named managers to nine. Their addition doesn’t alter the strategy’s Morningstar Analyst Ratings range of Gold to Silver across its 19 share classes, but it does illustrate how American Funds’ parent Capital Group stays focused on developing the next generation of investment talent.
American Funds New Perspective 529A CNPAX
NAV / 1-Day Return
53.20
/
1.49
%
Total Assets
116.3 Bil
Adj. Expense Ratio
0.770%
Expense Ratio
0.770%
Fee Level
Low
Longest Manager Tenure
21.70
years
Category
Global Large-Stock Growth
Investment Style
Large GrowthMin. Initial Investment
250
Status
Open
TTM Yield
0.35%
Turnover
22%
Morningstar’s Fund Analysis CNPAX
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