American Funds New Perspective AANWPX

Fund Research and Analysis

by Dan Culloton

You could use a lot of superlatives to describe American Funds New Perspective. It’s is one of the oldest world stock funds. It also has one of the most experienced management teams, steadiest approaches, most diversified portfolios, lowest expenses, Read more

Process Pillar:Positive

Eight managers run independent slices of this portfolio; American Funds analysts get about 20% of the portfolio as well. Their styles can differ somewhat, but they all tend to be bottom-up and rather Read more

Performance Pillar:Positive

Most of this fund's trailing returns for the year to date to 15-year periods ended October 2012 ranked in the top quartile of the world-stock category. It had finished eight of the past 10 calendar years Read more

People Pillar:Positive

Like all American Funds, this fund uses a multimanager system. Eight portfolio managers, or portfolio counselors, independently run a portion of the fund's assets. American Funds analysts run a slice of the fund as well. The managers' styles range from Read more

Price Pillar:Positive

This fund has one of the lowest expense ratios among broker-sold funds in the world-stock category and looks affordable when compared with no-load funds, too. Its 0.77% expense ratio also is about half Read more