Morningstar® Investment Profile™   Morningstar®
Disclosure
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for Print
American Funds IS® International 1
Release date as of 2024-03-31. Data on page is subject to change.
Snapshot Ratings & Risk Portfolio Nuts & Bolts
  Morningstar Report
Overall Morningstar
Rating™
What is this?
As of 2024-03-31
Out of 383
Foreign Large Growth Funds
Morningstar®
Style Box™
What is this?
As of 2024-03-31
Total Fund Assets ($ Mil)
7,465.67
View Historical Morningstar Star Ratings and Definitions
  Investment Objective & Strategy  
The investment seeks to provide investors with long-term growth of capital.
The fund invests primarily in common stocks of companies domiciled outside the United States, including companies domiciled in emerging markets, that the investment adviser believes have the potential for growth. The investment adviser uses a system of multiple portfolio managers in managing the fund's assets. Under this approach, the portfolio of the fund is divided into segments managed by individual managers.
  Morningstar Category: Foreign Large Growth
Foreign large-growth portfolios focus on high-priced growth stocks, mainly outside of the United States. Most of these portfolios divide their assets among a dozen or more developed markets, including Japan, Britain, France, and Germany. These portfolios primarily invest in stocks that have market caps in the top 70% of each economically integrated market (such as Europe or Asia ex-Japan). Growth is defined based on fast growth (high growth rates for earnings, sales, book value, and cash flow) and high valuations (high price ratios and low dividend yields). These portfolios typically will have less than 20% of assets invested in U.S. stocks. 
  Investment Risks
Foreign Securities Funds/Emerging Market Funds: Risks include, but are not limited to, currency risk, political risk, and risk associated with varying accounting standards. Investing in emerging markets may accentuate these risks.
  Portfolio Profile
Asset Allocation
% of Net Assets
Bullet U.S. Stocks U.S. Stocks 2.4
Bullet Non-U.S. Stocks Non-U.S. Stocks 94.7
Bullet Bonds Bonds 0.0
Bullet Cash Cash 2.9
Bullet Other Other 0.1
Asset Allocation Rescaled Graph
Data through 2024-03-31
Morningstar Equity Sectors
% of Stocks
Cyclical 34.39
Basic Materials 11.14
Consumer Cyclical 12.06
Financial Services 10.53
Real Estate 0.66
Sensitive 47.16
Communication Services 6.66
Energy 7.45
Industrials 15.75
Technology 17.30
Defensive 18.46
Consumer Defensive 4.72
Healthcare 12.56
Utilities 1.18
Data through 2024-03-31
Morningstar World Regions
% Fund
Americas 13.8
North America 8.5
Latin America 5.3
Greater Europe 44.0
United Kingdom 6.7
Europe Developed 36.3
Europe Emerging 0.0
Africa/Middle East 1.0
Greater Asia 42.3
Japan 16.2
Australasia 3.4
Asia Developed 7.2
Asia Emerging 15.4
Data through 2024-03-31
Holding Status
Total Number of Stock Holdings 147
Total Number of Bond Holdings 0
% of Net Assets in Top 10 Holdings 30.07
Turnover % (as of 2023-12-31) 28.00
30 Day SEC Yield % 1.30
Top Holdings
Sector Country % of Net
Assets
Novo Nordisk A/S Class B Denmark 4.47
Daiichi Sankyo Co Ltd Japan 4.11
Reliance Industries Ltd India 3.39
Fujitsu Ltd Japan 3.19
Airbus SE Netherlands 3.07
Fortescue Ltd Australia 2.90
Glencore PLC Switzerland 2.46
MercadoLibre Inc Brazil 2.27
Recruit Holdings Co Ltd Japan 2.22
Shopify Inc Registered Shs -A- Subord Vtg United States 1.99
Data through 2024-03-31
  Principal Risks   
Emerging Markets, Foreign Securities, Long-Term Outlook and Projections, Loss of Money, Not FDIC Insured, Growth Investing, Active Management, Issuer, Market/Market Volatility
Show Risk Definitions
  Other Information
Inception Date: 1990-05-01
Portfolio Manager(s)
Sung Lee   (2006-05-01)
Sung Lee is an equity portfolio manager at Capital Group. He has 28 years of investment experience, all with Capital Group. Earlier in his career, as an equity investment analyst at Capital, he covered consumer & industrial electronics, telecom equipment, IT consulting & services, and Asian electronic components companies. He holds an MBA from Columbia Business School and a bachelor's degree in marketing from Pennsylvania State University. He also studied abroad at Kansai Gaikokugo University in Osaka, Japan. Sung is based in Singapore.
Nicholas J. Grace   (2021-02-01)
Nicholas J. Grace is an equity portfolio manager at Capital Group. He has 34 years of investment industry experience and has been with Capital Group for 30 years. Earlier in his career, as an equity investment analyst at Capital, he covered global mining companies. Prior to joining Capital, he was manager of metals research for J.P. Morgan Investment Management in Australia. Nick holds an MBA from the University of Wisconsin-Madison, and a bachelor's degree in finance and economics from the University of Waikato, New Zealand, graduating with honors. He also holds the Chartered Financial Analyst® designation. Nick is based in London.
Christopher M. Thomsen   (2006-05-01)
Christopher Thomsen is an equity portfolio manager at Capital Group. He has 26 years of investment industry experience, all with Capital Group. Earlier in his career at Capital, as an equity investment analyst, he covered European and Asian media companies, Hong Kong-based utilities, property companies, conglomerates and small-cap companies along with generalist coverage of other companies domiciled in Hong Kong and the Philippines. Prior to joining Capital, Chris worked as a corporate finance analyst for Citibank NA. He holds an MBA from Columbia Business School and a bachelor's degree in international economics from the School of Foreign Service at Georgetown University. Chris is based in London.
Renaud H. Samyn   (2014-01-01)
Renaud H. Samyn is an equity portfolio manager at Capital Group. He has 20 years of investment experience, all with Capital Group. Earlier in his career he was an equity investment analyst and covered U.S. chemical, oil & gas, capital goods and industrial conglomerate companies and Australia as a generalist. Prior to joining Capital, he was a financial analyst at Morgan Stanley in London. He holds an MBA from Columbia Business School and a bachelor' s degree from the Université libre de Bruxelles at the Solvay Business School. Renaud is based in Hong Kong.
Investment Advisor(s)
Capital Research and Management Company
Issuer
American Funds
Subadvisor(s)
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