- Sector
- Financial Services
- Industry
- Asset Management
- Address
- Los Angeles, CA 90071-1447 Los Angeles CA United States of America 90071-1447
- IPO Date
- May 1, 2009
- Business
- American Funds New Perspective Fund Class R-6 (RNPGX) is an open-end mutual fund that seeks long-term growth of capital by investing primarily in common stocks of companies benefiting from evolving global trade patterns, with a portfolio typically comprising U.S. equities (approximately 54%), non-U.S. equities (approximately 42%), and cash equivalents (around 4%); it emphasizes large-cap growth securities across sectors such as information technology (24%), industrials (14%), consumer discretionary (13%), health care (13%), and financials (12%), with geographic exposure including the United States (56%), Europe & Middle East (26%), Canada (4%), Japan (4%), and emerging markets (8%). The fund offers share classes including R-6, which features a net expense ratio of 0.41%, no front-end or deferred loads, a minimum initial investment of $250 (with $50 for additional investments), and daily pricing, distributed through American Funds, a division of Capital Group, which provides retirement plan options, advisor services, and institutional access. Headquartered in Los Angeles, California, under Capital Group's principal operations with service offices in Brea, California, the fund commenced operations on March 13, 1973, manages total net assets exceeding $163 billion as of November 30, 2025, and holds over 263 issuers with a portfolio turnover rate of 23%. Recent developments include a December 2024 distribution of $0.5708 in regular income dividends and $2.8191 in long-term capital gains per share (reinvested at $62.36 NAV), an updated prospectus dated December 1, 2025, reflecting ongoing portfolio management by a 10-member investment team led by professionals such as Brady Enright and Robert Lovelace, and sustained strong performance with a 3-year Morningstar Rating among 302 global large-stock growth funds as of late 2025. The fund operates globally, targeting long-term investors, retirement plans, and institutions seeking diversified growth exposure to multinational companies with established records and reduced portfolio volatility.