- What does RNPCX invest in?
- The American Funds New Perspective R3 aims to capitalize on market opportunities stemming from evolving global trade dynamics, economic connections, and geopolitical shifts. It achieves this by strategically investing in common stocks of companies located worldwide. The fund's core strategy involves prioritizing equities that the investment adviser identifies as possessing significant growth potential.
- What is the expense ratio of RNPCX?
- New Perspective Fund, Class R-3 Shares (RNPCX) charges an expense ratio of 1.05%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is RNPCX?
- New Perspective Fund, Class R-3 Shares (RNPCX) is one share class of a fund that manages $166.60B across all of its share classes (ANWPX, FNPFX, NPFFX, RNPGX report the same total). Our data does not carry the assets of this share class alone. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.
- Is RNPCX actively managed or an index fund?
- RNPCX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (RNPCX's is 1.05%) in exchange for the discretion to over- or under-weight positions.
- When was RNPCX launched?
- New Perspective Fund, Class R-3 Shares (RNPCX) launched in March 1973 and is managed by Capital Group.
- How has RNPCX performed?
- RNPCX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.
