American Funds SMALLCAP World Fund® Class 529-A (CSPAX)

Smallcap World Fund, Inc. Class 529-A is an open-end mutual fund focused on long-term capital growth through investments in small-cap companies worldwide. The fund typically allocates at least 80% of its assets to common stocks and equity-type securities of companies with market capitalizations of $6 billion or less, targeting both developed and emerging markets. This global approach provides broad diversification across industries and geographies, giving exposure to companies in sectors such as industrials, technology, healthcare, and consumer discretionary. Managed by a team of experienced portfolio managers, the fund employs a multi-manager strategy—segments of the portfolio are managed independently, allowing for diverse perspectives and investment styles within the same vehicle. The fund is recognized for its relatively low concentration in its top holdings compared to many peers, spreading risk across hundreds of small- and mid-sized stocks. With a modest minimum investment and an emphasis on growth-oriented, attractively valued companies, Smallcap World Fund, Inc. Class 529-A plays a significant role for investors seeking global small-cap equity exposure within a college savings (529) framework.