American Funds Europacific Growth 529C Funds (CEUCX) seeks long-term growth of capital by investing in companies based outside the United States. CEUCX invests primarily in common and preferred stocks, convertibles, American Depositary Receipts, European Depositary Receipts, bonds and cash. CEUCX normally invests at least 80% of assets in securities of issuers domiciled in Europe or the Pacific Basin.
This Non US - Equity product has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 3, 5 year benchmarks; 3 year 2.1% and 5 year 6.1%. To see how this fund performed compared in its category, and other #1 and #2 Ranked Mutual Funds, please click here.
CEUCX’s performance, as of the last filing, when compared to funds in its category was in the top 41% over the past 1 year, and in the top 37% over the past 3 years and in the top 39% over the past 5 years.
The American Funds Europacific Growth 529C fund, as of the last filing, allocates their fund in top three major groups; Foreign Stock, Emerging Market and High Yield Bond. Further, as of the last filing, Taiwan Semiconductor Manufacturing Co Ltd, Alibaba Group Holding Ltd and Nintendo Co Ltd were the top holdings for CEUCX.
This Zacks Rank #1 (Strong Buy) was incepted in April 1984 and is managed by American Funds. CEUCX carries an expense ratio of 1.68% and requires a minimal initial investment of $250.
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