Morningstar Rating

Fund Research and Analysis

by Kevin McDevitt, CFA
The benefits of American Funds EuroPacific Growth's multimanager approach have never been more apparent than in the last two years.

This fund is like that rare conglomerate that facilitates, rather than squashes, effective risk taking. It allows its   Read more 

Kudos

Consistently strong performance.
Solid tax efficiency.
Buy-and-hold discipline with low turnover. Read more 

Risks

Above-average emerging-markets exposure.
Some sector concentration. Read more 

Strategy

The fund divides assets among several portfolio counselors (managers) whose investment philosophies vary from growth-focused to value-oriented. In the aggregate, the fund's portfolio is well diversified   Read more 

Management

Like all American Funds, this offering boasts many experienced managers, most of whom have been with the company for more than a decade. Each manager runs his or her portion of assets independently of the others. A portion of the portfolio (less than   Read more 

Inside Scoop

Multiple portfolio counselors run separate sleeves, which leads to a diffuse portfolio of 250-odd stocks here. It's one of the biggest funds out there, but the broad developed-   Read more 

First Name
Last Name
Email Address
Zip Code
Create Password
Verify Password
(6-15 characters; case sensitive)

2009 Managers of the Year 
Watch more 

View all of our analyst reports with a free trial to Morningstar.com Premium.