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American Funds New Perspective 529A (CNPAX)

58.23 +0.58 (+1.01%)
At close: April 26 at 8:00 PM EDT

Fund Summary

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.

Risk Overview

Morningstar Risk Rating
Best 1Y Total Return 37.33%
Worst 1Y Total Return --
Number of Years Up 17
Number of Years Down 4

Performance & Risk

YTD Return 5.89%
5y Average Return 11.08%
Rank in Category (ytd) 57
% Rank in Category (ytd) --
Beta (5Y Monthly) 1.10
Morningstar Risk Rating

Risk Statistics

3 Years5 Years10 Years
CNPAXCategory AverageCNPAXCategory AverageCNPAXCategory Average
Alpha -2.17 0.04 0.89 0.04 1.52 0.02
BETA 1.1 0.01 1.07 0.01 1.05 0.01
Mean Annual Return 0.54 0.02 1.13 0.02 0.94 0.01
R-squared 96.31 0.89 96.22 0.87 95.14 0.88
Standard Deviation 18.68 0.19 19.42 0.15 15.83 0.15
Sharpe Ratio 0.19 0.01 0.59 0.01 0.62 0.01
Treynor Ratio 1.71 0.18 9.52 0.18 8.66 0.11

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