American Funds Growth Portfolio - GWPDX | American Funds

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PORTFOLIO SERIES

SM

Share Class
Purchase Restrictions: Class F-3 shares are available through certain registered investment advisor and fee-based programs, but are not available for purchase in most employer-sponsored retirement plans. See the prospectus for details.

Summary

Built for long-term growth. Seeks to help investors pursue longer term goals through exposure to a diverse mix of stocks of companies with strong growth potential.
Price at NAV $18.37 as of 11/22/2017 (updated daily)
Fund Assets (millions) $5,735.2
Portfolio Oversight Committee Members 7
Expense Ratio 0.46%

Asset Mix

U.S. Equities62.9%
Non-U.S. Equities28.4%
U.S. Bonds0.1%
Non-U.S. Bonds0.0%
Cash & Equivalents8.6%
As of 10/31/2017 (updated monthly)

Market Capitalization

79.0%
Large
16.2%
Medium
4.9%
Small
$53,622.28 Million
Weighted Average


As of 9/30/2017 (updated quarterly). Morningstar data as of 9/30/2017 (updated quarterly).

Growth of 10K

For Class F-3 Shares, this chart tracks a hypothetical investment with dividends reinvested.
GWPDX

High & Low Prices

Returns at NAV

Returns with Sales Charge

N/A
1-year return
N/A
5-year return
N/A
Lifetime return
0.87%
30-Day SEC Yield Fund at NAV
Returns as of 10/31/17 (updated monthly). Yield as of 10/31/17 (updated monthly).

Description

Fund Objective
The fund's investment objective is to provide long-term growth of capital.
Distinguishing Characteristics
The fund will attempt to achieve its investment objectives by investing in a mix of American Funds in different combinations and weightings.
Types of Investments
The underlying American Funds will primarily consist of growth funds and growth-and-income funds, which principally invest in equity securities and which may have significant holdings of issuers domiciled outside the United States.

Fund Facts

Fund Inception 5/18/2012
Fund Assets (millions)
As of 10/31/2017
$5,735.2
Companies/Issuers
Holdings are as of 10/31/2017 (updated as of most recent fiscal year-end).
1200+
Shareholder Accounts
Shareholder accounts are as of 10/31/2017
102
Regular Dividends Paid Dec
Minimum Initial Investment $250
Capital Gains Paid Dec
Portfolio Turnover (2017) 33%
Fiscal Year-End Oct
Prospectus Date 08/14/2017
CUSIP 02630R 36 9
Fund Number 753

Returns

Month-End Returns as of 10/31/17

Quarter-End Returns as of 9/30/17

Volatility & Return


Volatility & Return chart is not available for funds less than 10 years old.

Yield

12-month
Distribution Rates 30-day SEC Yield
Fund at NAV --% 0.87%
Fund at MOP N/A N/A
As of 10/31/2017 (updated monthly)

Valuation

Price/ Price/ Price/
Book Cash Flow Earnings
Fund 2.99 10.84 21.04
Standard & Poor's 500 Composite Index 3.01 12.31 21.08
Fund as of 9/30/17. Index as of 10/31/17.

Portfolio Oversight Committee

Years of Experience with Fund
Years of Experience with Capital Group
Years of Experience with Investment Industry
Alan N. Berro 5 26 31
Joanna F. Jonsson 2 27 28
James B. Lovelace 5 35
Wesley Phoa 5 18 23
John H. Smet 5 34 35
Andrew B. Suzman 5 24
Bradley J. Vogt 5 30
A boldface number indicates that years of experience with Capital Group is equal to years of experience with investment industry.

Ratings & Risk

Morningstar Rating TM


Overall Morningstar RatingTM
Funds rated(1233)
3-yr. Morningstar RatingTM
(1233 funds rated)
5-yr. Morningstar RatingTM
(1107 funds rated)
10-yr. Morningstar RatingTM
(-- funds rated)
--
Overall Morningstar Risk Low
HIGH
LOW
Category Large Growth
Ratings are based on risk-adjusted returns as of 10/31/2017 (updated monthly).

Risk Measures

For the 3 Years ending 10/31/17 (updated monthly)

Fund
Standard Deviation 9.53
Sharpe Ratio 1.39
American Funds/
Morningstar Benchmark
As of 10/31/17
S&P 500 TR USD
R-squared 87
Beta 0.94
Capture Ratio (Downside/Upside) 107/97

Holdings

Equities Breakdown

Equity Fund Holdings
Information technology 22.9%
Consumer discretionary 15.0%
Health care 12.2%
Financials 11.6%
Industrials 9.3%
Energy 6.8%
Consumer staples 6.6%
Materials 3.5%
Telecommunication services 1.5%
Real estate 1.0%
Utilities 0.9%

% of net assets as of 9/30/2017 (updated quarterly)

Go to the underlying fund pages to see detailed holdings information.

Geographic Breakdown

United States
63.20%
Europe
12.70%
Asia & Pacific Basin
12.00%
Other (Including Canada & Latin America)
3.50%
Cash & equivalents
8.60%
% of net assets as of 9/30/2017 (updated quarterly)

Prices & Distributions

Historical Prices Month-End

Historical Prices Year-End

Historical Distributions

2016
Record
Date
Calculated
Date
Pay Date
Income Dividend Regular
Income Dividend Special
Cap. Gains Long-Term
Cap. Gains Short-Term
Reinvest NAV
No data available for 2016
2016 Year-to-Date: Dividends Subtotal: -- Cap Gains Subtotal: --
Total Distributions: --

Fees & Expenses

Fees

Annual Management Fees 0.00%
Other Expenses 0.02%
Service 12b-1 --
As of each fund's most recent prospectus.

Expense Ratio

GWPDX 0.46%
Lipper Growth Funds Average --%
Fund as of most recent prospectus. Morningstar Category as of 7/31/17 (updated monthly).

Resources

Figures shown are past results and are not predictive of results in future periods. Current and future results may be lower or higher than those shown. Share prices and returns will vary, so investors may lose money. Investing for short periods makes losses more likely. View fund expense ratios and returns.

Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so they may lose value.

Investors should carefully consider investment objectives, risks, charges and expenses. This and other important information is contained in the fund prospectuses and summary prospectuses, which can be obtained from a financial professional and should be read carefully before investing.

Investing outside the United States involves risks, such as currency fluctuations, periods of illiquidity and price volatility, as more fully described in the prospectus. These risks may be heightened in connection with investments in developing countries. Small-company stocks entail additional risks, and they can fluctuate in price more than larger company stocks.

For more information about the risks associated with each fund, go to its detailed fund information page or read the prospectus. Investment allocations for funds of funds may not achieve fund objectives. There are expenses associated with the underlying funds in addition to fund-of-funds expenses. The funds' risks are directly related to the risks of the underlying funds, as described herein.

There may have been periods when the fund(s) lagged the index(es). Certain market indexes are unmanaged and, therefore, have no expenses. Investors cannot invest directly in an index.

Funds are managed, so holdings will change.

Investment results assume all distributions are reinvested and reflect applicable fees and expenses.

When applicable, investment results reflect fee waivers and/or expense reimbursements, without which results would have been lower. Read details about how waivers and/or reimbursements affect the results for each fund. View results and yields without fee waiver and/or expense reimbursement .

  1. The Portfolio Series funds are monitored; allocations and funds may change.
  2. Excludes certain securities in initial period of acquisition.
  3. Includes short-term securities, accrued income and other assets less liabilities.
  4. Prior to September 30, 2016, securities in the Real Estate sector were reported under the Financials sector.
  5. Figures include convertible securities; totals may not reconcile due to rounding. Methodology notes: The equity breakdown by revenue reflects the fund’s publicly traded equity holdings and excludes cash (and fixed income securities, if applicable). Underlying revenue data were compiled by MSCI and account for disparities in the way companies report their revenues across geographic segments. MSCI breaks out each company’s reported revenues into country-by-country estimates. MSCI provides revenue data figures based on a proprietary, standardized model. Revenue exposure at the fund and index level was calculated by using FactSet, which takes these company revenue exposures and multiplies by the company’s weighting in the portfolio and index. In this breakdown, Israel has been included in Europe.
  6. The portfolio managers shown are as of the fund's most recent prospectus dated 08/14/2017.
  7. For funds of funds, figures are based on holdings of the underlying funds as of date shown.
  8. Allocation percentages and underlying funds are subject to the Portfolio Oversight Committee's discretion and will evolve over time. Underlying funds may be added or removed at any time.
  9. Lipper ratings for Consistent Return reflect funds’ historical risk-adjusted returns at NAV, adjusted for volatility, relative to peers. Lipper ratings for Expense reflect funds’ expense minimization relative to peers with similar load structures. Lipper ratings for Preservation reflect funds’ historical loss avoidance relative to other funds within the same asset class. Preservation ratings are relative, rather than absolute, measures, and funds named Lipper Leaders for Preservation may still experience losses periodically; those losses may be larger for equity and mixed equity funds than for fixed income funds. Lipper ratings for Tax Efficiency reflect funds’ historical success in postponing taxable distributions relative to peers. Tax Efficiency offers no benefit to investors in tax-sheltered accounts such as 401(k) plans. Lipper ratings for Total Return reflect funds’ historical total return performance relative to peers. The Lipper ratings are subject to change every month and are based on an equal-weighted average of percentile ranks for the Total Return, Consistent Return, Preservation, Tax Efficiency and Expense metrics. The highest 20% of funds in each classification are named Lipper Leaders for Total Return, the next 20% receive a rating of 4, the middle 20% are rated 3, the next 20% are rated 2, and the lowest 20% are rated 1. Lipper ratings are not intended to predict future results, and Lipper does not guarantee the accuracy of this information. More information is available at www.lipperleaders.com. Lipper Leader © 2017, Thomson Reuters, All Rights Reserved.
  10. Calculated by American Funds. Due to differing calculation methods, the figures shown here may differ from those calculated by Morningstar.
  11. Calculated by Morningstar. Due to differing calculation methods, the figures shown here may differ from those calculated by American Funds.
  12. The Morningstar Rating™ for funds, or "star rating", is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed-end funds, and separate accounts) with at least a three-year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product's monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. The weights are: 100% three-year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods. Past results are not guarantee of results in future periods. Morningstar Rating is for Class F-3 only; other classes may have different performance characteristics.
  13. The months indicated for dividends and capital gains paid represent the anticipated current year ex-dividend date schedule for all share classes.
  14. YTD (year-to-date return): the net change in the value of the fund's shares (in percentage terms) from January 1, 2017, to the current date shown above.
  15. Expense ratios for funds of funds are as of the most recent prospectus, and include the weighted average expenses of the underlying funds. The expense ratio for the F-3 share class is estimated.
  16. Comparable industry expense information is not available for the fund.
  17. Class F-3 shares were first offered on January 27, 2017. Class F-3 share results prior to the date of first sale are hypothetical based on Class A share results without a sales charge, adjusted for estimated annual expenses. View dates of first sale and specific expense adjustment information.

Content contained herein is not intended to serve as impartial investment or fiduciary advice. The content has been developed by Capital Group, which receives fees for managing, distributing and/or servicing its investments.

©2017 Morningstar, Inc. All Rights Reserved. Some of the information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar, its content providers nor the American Funds are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results. Information is calculated by Morningstar. Due to differing calculation methods, the figures shown here may differ from those calculated by American Funds.

Terms and Definitions

Beta: Beta relatively measures a fund's sensitivity to market movements over a specified period of time. The beta of the market (represented by the benchmark index) is equal to 1; a beta higher than 1 implies that a fund's return was more volatile than the market. A beta lower than 1 suggests that the fund was less volatile than the market. Generally the higher the R-squared measure, the more reliable the beta measurement will be.

Capture Ratio Downside: Capture ratios reflect the annualized product of fund vs. index returns for all months in which the index had a positive return (upside capture) or negative return (downside capture).

Capture Ratio Upside: Capture ratios reflect the annualized product of fund vs. index returns for all months in which the index had a positive return (upside capture) or negative return (downside capture).

Morningstar rating: In an effort to classify funds by what they own, as well as by their prospectus objectives and styles, Morningstar developed Morningstar Categories. While the prospectus objective identifies a fund's investment goals based on the wording in the fund prospectus, the Morningstar Category identifies funds based on their actual investment styles as measured by their underlying portfolio holdings (portfolio and other statistics over the past three years).

R-Squared: R-squared is a measure of the correlation between a particular fund's return and that of its benchmark index. A measure of 100 indicates that all of the fund's return can be explained by movements in its benchmark. Generally the higher the R-squared measure, the more reliable the beta measurement will be. Calculated by Morningstar.

S&P 500: A market capitalization-weighted index based on the results of approximately 500 widely held common stocks.

Standard Deviation: Annualized standard deviation (based on monthly returns) is a common measure of absolute volatility that tells how returns over time have varied from the mean. A lower number signifies lower volatility. Calculated by Morningstar.

Valuation Price-to-Cash Flow: Price-to-cash-flow (P/C) ratio is the average price to cash flow ratio of the individual stocks within a fund.

Valuation Price-to-Earnings Ratio: Price-to-earnings (P/E) ratio takes the current price of a stock divided by its earnings per share. The ratio reflects the cost of a given stock per dollar of current annual earnings and is the most common measure of a stock's expense. The higher the P/E, the more investors are paying, and therefore the more earnings growth they are expecting.

Valuation: Price-to-book ratio compares a stock's market value to the value of total assets less total liabilities (book value). Adjusted for stock splits. Price-to-cash-flow (P/C) ratio is the average price to cash flow ratio of the individual stocks within a fund. Price-to-earnings (P/E) ratio takes the current price of a stock divided by its earnings per share. The ratio reflects the cost of a given stock per dollar of current annual earnings and is the most common measure of a stock's expense. The higher the P/E, the more investors are paying, and therefore the more earnings growth they are expecting.