New Perspective Fund Quote
| CNPEX Fund | USD 64.15 0.54 0.85% |
Performance8 of 100
| Odds Of DistressLess than 19
|
New Perspective is trading at 64.15 as of the 1st of December 2024; that is 0.85 percent increase since the beginning of the trading day. The fund's open price was 63.61. New Perspective has less than a 19 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for New Perspective Fund are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of September 2024 and ending today, the 1st of December 2024. Click here to learn more.
The fund seeks to take advantage of investment opportunities generated by changes in international trade patterns and economic and political relationships by investing in common stocks of companies located around the world. In pursuing its investment objective, it invests primarily in common stocks that the investment adviser believes have the potential for growth.. More on New Perspective Fund
Moving together with New Mutual Fund
New Mutual Fund Highlights
| Fund Concentration | American Funds, Large Growth Funds, World Large-Stock Growth Funds, World Large-Stock Growth, American Funds (View all Sectors) |
| Update Date | 30th of September 2024 |
New Perspective Fund [CNPEX] is traded in USA and was established 1st of December 2024. New Perspective is listed under American Funds category by Fama And French industry classification. The fund is listed under World Large-Stock Growth category and is part of American Funds family. This fund currently has accumulated 86.07 B in assets under management (AUM) with no minimum investment requirementsNew Perspective is currently producing year-to-date (YTD) return of 17.44% with the current yeild of 0.01%, while the total return for the last 3 years was 2.49%.
Check New Perspective Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on New Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding New Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as New Perspective Fund Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top New Perspective Fund Mutual Fund Constituents
| JPM | JPMorgan Chase Co | Stock | Financials | |
| V | Visa Class A | Stock | Financials | |
| TSLA | Tesla Inc | Stock | Consumer Discretionary | |
| PYPL | PayPal Holdings | Stock | Financials | |
| NFLX | Netflix | Stock | Communication Services | |
| MSFT | Microsoft | Stock | Information Technology | |
| MA | Mastercard | Stock | Financials | |
| AMZN | Amazon Inc | Stock | Consumer Discretionary |
New Perspective Risk Profiles
| Mean Deviation | 0.5681 | |||
| Semi Deviation | 0.7681 | |||
| Standard Deviation | 0.7664 | |||
| Variance | 0.5874 |
New Perspective Against Markets
Other Information on Investing in New Mutual Fund
New Perspective financial ratios help investors to determine whether New Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in New with respect to the benefits of owning New Perspective security.
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing |