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Morningstar

American Funds New Perspective R2 RNPBX

Morningstar Medalist Rating
Medalist Rating as of | See American Funds Investment Hub
  • NAV / 1-Day Return 49.88  /  1.69 %
  • Total Assets 117.9 Bil
  • Adj. Expense Ratio
    1.510%
  • Expense Ratio 1.510%
  • Distribution Fee Level Below Average
  • Share Class Type Retirement, Small
  • Category Global Large-Stock Growth
  • Investment Style Large Growth
  • Min. Initial Investment 250
  • Status Open
  • TTM Yield —
  • Turnover 21%

USD | NAV as of Sep 21, 2023 | 1-Day Return as of Sep 21, 2023, 10:29 PM GMT+0

Morningstar’s Analysis RNPBX

Will RNPBX 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 RNPBX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the RNPBX 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 RNPBX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Veteran leadership and a proven approach make this a topnotch option.

Senior Analyst Stephen Welch

Stephen Welch

Senior Analyst

Summary

Seasoned leaders steer American Funds New Perspective using a time-tested method targeting firms benefiting from global trade. Its cheapest U.S., Luxembourg, and Australia share classes have a Morningstar Medalist Rating of Gold, while pricier shares land at Silver and Bronze.

by Stephen Welch
Rated on Published on

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Portfolio Holdings RNPBX

More RNPBX Holdings
  • Current Portfolio Date
  • Equity Holdings 295
  • Bond Holdings 0
  • Other Holdings 3
  • % Assets in Top 10 Holdings 21.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Capital Group Central Cash Fund

6.35
7,649,041,621
Cash and Equivalents

Microsoft Corp

4.69
5,649,020,547
Technology

Novo Nordisk A/S Class B

2.48
2,991,999,579
Healthcare

Tesla Inc

2.39
2,880,023,644
Consumer Cyclical

Taiwan Semiconductor Manufacturing Co Ltd

2.29
2,764,885,222
Technology

Meta Platforms Inc Class A

2.15
2,587,901,268
Communication Services

Broadcom Inc

1.91
2,306,413,964
Technology

Eli Lilly and Co

1.51
1,818,263,599
Healthcare

ASML Holding NV

1.46
1,764,151,892
Technology

LVMH Moet Hennessy Louis Vuitton SE

1.33
1,606,262,420
Consumer Cyclical