American Funds New Perspective Fund® Class 529-C (CNPCX)

American Funds New Perspective 529C is a global large-cap growth mutual fund designed to seek long-term capital appreciation by capitalizing on shifts in international trade and economic dynamics. Managed by Capital Group, this fund invests primarily in equities of companies poised to benefit from changes in global trade patterns and evolving economic and political relationships worldwide. The portfolio is broadly diversified across sectors, with significant allocations to information technology, industrials, health care, consumer discretionary, and financials, reflecting its intention to capture growth across industries with global reach. The fund has a notable mix of U.S. and non-U.S. equities, providing investors with broad international exposure. As part of a 529 plan structure, it is tailored for education savings while maintaining a focus on growth-oriented opportunities in the global equity markets. Its long-standing track record and significant asset base underscore its established presence and relevance within the global growth fund category.