About CEUEX
American Funds EuroPacific Growth Fund Class 529-E is an open-end mutual fund that focuses on providing long-term capital growth. This fund primarily invests in common stocks of companies located in Europe and the Pacific Basin, targeting businesses the investment adviser believes have strong growth potential. It is categorized as a foreign large growth portfolio, which means its holdings are composed mainly of high-priced growth stocks from markets outside the United States.
The fund diversifies across sectors such as healthcare, technology, industrials, energy, and basic materials, with notable holdings including Novo Nordisk, Taiwan Semiconductor Manufacturing, SAP SE, and ASML Holding NV. Its asset allocation strategy emphasizes industry and geographic diversification, helping to mitigate risk while seeking global opportunities.
Designed for use within 529 college savings plans, the Class 529-E shares also appeal to investors seeking to save for educational expenses. The fund’s scale—managing assets in excess of $130 billion—underscores its significance in the international equity fund space, making it a prominent vehicle for global growth exposure within diversified portfolios.
Fund Family American Funds
Category Foreign Large Growth
Stock Exchange NASDAQ
Ticker Symbol CEUEX
Share Class Class 529-e
Index MSCI AC World ex USA NR USD
CEUEX had a total return of 12.67% in the past year, including dividends. Since the fund's
inception, the average annual return has been 6.48%.