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American Funds New Perspective R4 RNPEX

Medalist Rating as of | See American Funds Investment Hub
  • NAV / 1-Day Return 58.61  /  +1.21 %
  • Total Assets 134.3 Bil
  • Adj. Expense Ratio
    0.770%
  • Expense Ratio 0.770%
  • Distribution Fee Level Low
  • Share Class Type Retirement, Medium
  • Category Global Large-Stock Growth
  • Investment Style Large Growth
  • Min. Initial Investment 250
  • Status Open
  • TTM Yield 0.85%
  • Turnover 17%

USD | NAV as of Mar 01, 2024 | 1-Day Return as of Mar 01, 2024, 11:16 PM GMT+0

Morningstar’s Analysis RNPEX

Will RNPEX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

A Manager Retirement and Addition on American Funds New Perspective Does Not Change Our View

null Stephen Welch

Stephen Welch

Analyst Note

American Funds’ parent Capital Group announced that veteran manager Jonathan Knowles will step off American Funds New Perspective on Jan. 2, 2024, and retire from the firm on April 1, 2024. Knowles has spent 18 of his 31 years at Capital Group managing this strategy. In November, Anne-Marie Peterson and Kohei Higashi will officially join the management team, bringing the total number of named managers to 11. 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.

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Portfolio Holdings RNPEX

  • Current Portfolio Date
  • Equity Holdings
  • Bond Holdings
  • Other Holdings
  • % Assets in Top 10 Holdings 23.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Capital Group Central Cash Fund

5.73 7.3 Bil
Cash and Equivalents

Microsoft Corp

4.92 6.2 Bil
Technology

Novo Nordisk A/S Class B

3.19 4.0 Bil
Healthcare

Broadcom Inc

2.64 3.4 Bil
Technology

Meta Platforms Inc Class A

2.62 3.3 Bil
Communication Services

Taiwan Semiconductor Manufacturing Co Ltd

2.27 2.9 Bil
Technology

Tesla Inc

2.06 2.6 Bil
Consumer Cyclical

Eli Lilly and Co

1.76 2.2 Bil
Healthcare

ASML Holding NV

1.42 1.8 Bil
Technology

AstraZeneca PLC

1.35 1.7 Bil
Healthcare