The diversified investment fund strategy of American Funds’ EuroPacific Growth Fund
According to American Funds’ Annual Report for the EuroPacific Growth Fund, the fund “seeks long-term capital appreciation by investing primarily in the securities of companies based in Europe and the Pacific Basin.” American Fund’s 497 filing on the U.S. Securities and Exchange Commission EDGAR system said that the fund’s investment objective is to “invest at least 80% of its assets in securities of issuers domiciled in Europe and the Pacific Basin.
“Various factors will be considered when determining whether a country is part of Europe, including whether a country is part of the MSCI European indices. A country will be considered part of the Pacific Basin if any of its borders touch the Pacific Ocean. Although the United States is considered part of the Pacific Basin, the fund will normally not purchase equity securities of issuers domiciled in the United States.
The Fund Authority Score for the American Funds – EuroPacific Growth Fund – Class A Shares (AEPGX)
Fund Authority Scores rate mutual funds and exchange traded funds (ETFs) on the most important economic factors that influence individual investors’ net long term diversified investment fund performance. The Skilled Investor developed the Fund Authority Score system to provide individual investors with concise and objective summaries of mutual funds and ETFs for comparisons within investment asset classes.
For a directory of the Fund Authority Score reports of other mutual funds and ETFs, go here. When you go to this Fund Authority Score directory, you can easily find a list of all fund reports at the bottom of each article for that particular investment asset class. For more information about how a Fund Authority Score is developed for each mutual fund or ETF, go here.
The table below presents the Fund Authority Score and other information for American Funds’ EuroPacific Growth Fund – Class A Shares.
Using an integer scale ranging from -10 to +10, Fund Authority Scores measure five factors:
1) annualized management and investment sales expenses (40% weighting), 2) annual trading costs implied by investment fund portfolio turnover (30% weighting), 3) inferior and superior historical performance (20% weighting), 4) minimum fund maturity (5% weighting), and 5) minimum fund size for operating efficiency (5% weighting).
Fund Authority Summary for the American Funds – EuroPacific Growth Fund – Class A Shares (AEPGX) Fund Authority Summary American Funds – EuroPacific Growth Fund [...]