American Funds Europacific Growth R5E (RERHX)
American Funds Europacific Growth R5E operates in the Asset Management industry of the Financial Services sector, headquartered in Los Angeles, CA, US. The stock last traded at $64.00, up 0.47% on the session, giving a market capitalisation of $142.49B. Its beta of 0.90 implies it has historically moved less than the broad market.
This fund primarily seeks capital appreciation by investing in common stocks of companies located in Europe and the Pacific Basin. The investment adviser identifies these companies based on their perceived potential for substantial growth. Specifically, growth stocks are defined as equities anticipated by the adviser to achieve above-average capital appreciation. Customarily, a minimum of 80% of the fund's net assets will be dedicated to securities from issuers within these European and Pacific Basin regions. Furthermore, the fund retains the flexibility to allocate a segment of its assets to common shares and other financial instruments issued by enterprises in emerging markets.
American Funds Europacific Growth R5E is most often compared with the following Financial Services names: