American Funds EuroPacific Growth Fund (AEPGX) N-CSRS Certified semi-annual shareholder report (management investment company)

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM N-CSR

Certified Shareholder Report of

Registered Management Investment Companies

Investment Company Act File Number: 811-03734

EuroPacific Growth Fund

(Exact Name of Registrant as Specified in Charter)

333 South Hope Street

Los Angeles, California 90071

(Address of Principal Executive Offices)

Registrant's telephone number, including area code: (213) 486-9200

Date of fiscal year end: March 31

Date of reporting period: September 30, 2009

Vincent P. Corti

Capital Research and Management Company

333 South Hope Street

Los Angeles, California 90071

(Name and Address of Agent for Service)

Copies to:

Mark D. Perlow

K&L Gates LLP

Four Embarcadero Center, Suite 1200

San Francisco, California  94111

(Counsel for the Registrant)

ITEM 1 – Reports to Stockholders

[logo - American Funds®]

The right choice for the long term®

EuroPacific Growth Fund

[photo of people walking in Sergel's Torg (Sergel's Square) in Stockholm, Sweden]

Semi-annual report for the six months ended September 30, 2009

EuroPacific Growth Fund® seeks long-term capital appreciation by investing primarily in the securities of companies based in Europe and the Pacific Basin. More than half of the world’s investment opportunities can be found beyond the borders of our country. As a shareholder in the fund, you have access to what we believe are the best of those opportunities.

This fund is one of the 30 American Funds. American Funds is one of the nation’s largest mutual fund families. For nearly 80 years, Capital Research and Management Company,SM the American Funds adviser, has invested with a long-term focus based on thorough research and attention to risk.

Fund results shown in this report, unless otherwise indicated, are for Class A shares at net asset value. If a sales charge (maximum 5.75%) had been deducted, the results would have been lower. Results are for past periods and are not predictive of results for future periods. Current and future results may be lower or higher than those shown. Share prices and returns will vary, so investors may lose money. Investing for short periods makes losses more likely. Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so they may lose value. For current information and month-end results, visit americanfunds.com.

Here are the average annual total returns on a $1,000 investment with all distributions reinvested for periods ended September 30, 2009:
Class A shares	1 year			5 years			10 years
Reflecting 5.75% maximum sales charge		2.34	%		8.51	%		5.42	%

The total annual fund operating expense ratio was 0.88% for Class A shares for the 12 months ended September 30, 2009. Note that the expense ratio shown above differs from those shown in the Financial Highlights table on pages 26 to 31 and the Expense Example on pages 32 to 34, which are annualized for the six-month period ended September 30, 2009.

Investment results assume all distributions are reinvested and reflect applicable fees and expenses. The fund’s investment adviser waived a portion of its management fees from September 1, 2004, through December 31, 2008. Fund results shown reflect the waiver, without which they would have been lower. See the Financial Highlights table on pages 26 to 31 for details.

Results for other share classes can be found on page 35.

Equity investments are subject to market fluctuations. Investing outside the United States may be subject to risks, such as currency fluctuations and political instability. See the prospectus and the Risk Factors section of this report for more information on these and other risks associated with investing in the fund.

Fellow shareholders:

[photo of people walking in Sergel's Torg (Sergel's Square) in Stockholm, Sweden]

When EuroPacific Growth Fund’s fiscal year began in April, the panic of the previous year’s financial distress was ebbing and world markets were beginning to recover from one of the most turbulent periods in market history. Fears brought on by the steep market decline and credit contraction contributed to the sharpest drop in global activity and trade in decades, and many markets hit bottom in March. Then, as coordinated government intervention reduced uncertainty, markets quickly responded. For the six months ended September 30, 2009, the fund returned 46.2%.

During the period, the unmanaged MSCI All Country World ex USA Index, which measures 44 developed- and developing-country stock markets, returned 53.2%, and the Lipper International Funds Average recorded a 48.1% gain. EuroPacific trailed these returns, but maintained its advantage over its peers over 12 months and the longer term, as shown in the table below. It’s important to keep in mind that the ­global economic recovery, while encouraging, is inherently fragile, and thus we kept the fund positioned with an eye toward the possibility of renewed turbulence ahead.

[Begin Sidebar]

Results at a glance
For periods ended September 30, 2009, with all distributions reinvested
	Total returns						Average annual total returns
													Lifetime
	Six months			1 year			5 years			10 years			(since 4/16/84)
EuroPacific Growth Fund
(Class A shares)		46.2	%		8.6	%		9.8	%		6.0	%		12.3	%
MSCI All Country World ex USA
Index1,2		53.2			6.4			8.6			4.5			—
Lipper International Funds
Average3		48.1			1.9			5.9			3.6			9.7
MSCI EAFE Index1		50.4			3.8			6.6			3.0			9.6
1 Indexes are unmanaged.
2 The index did not exist prior to December 31, 1987.
3 Source: Lipper. Lipper averages do not reflect the effect of sales charges.

[End Sidebar]

Government intervention

Much of the recent market optimism stemmed from swift and aggressive intervention by governments around the world. The U.S., European nations, Chinese and other governments injected hundreds of billions of dollars to stabilize their economies. They worked to recapitalize some of the troubled banks, including Citigroup and Royal Bank of Scotland, and to spur lending at the large Chinese commercial banks. Central banks reacted quickly with large interest rate cuts and took unconventional measures to inject liquidity into the economies and support lending. These measures were designed to build confidence and reduce volatility and uncertainty in the financial markets.

How the fund responded

EuroPacific focuses on solid companies that offer stable earnings and sustainable cash flows with strong balance sheets. For this reason, health care, telecommunication services and consumer staples companies were well represented in the portfolio. In the run-up to the crisis and during it, we had relatively little exposure to financials. In the past six months, however, we returned to a select group of financial stocks, recognizing that strong companies could be purchased at very low prices compared to our valuation of the worth of those businesses. Our largest holding in this group — at 1.8% of the net assets of the fund — was Banco Santander, which gained 134.5%. Other holdings were smaller but in aggregate added up to 19.6% of the fund’s portfolio at the end of the six-month period. Most of these stocks gained considerably, including Banco Bradesco (+98.9%), Banco do Brasil (+141.2%), BNP Paribas (+94.2%), Bank of China (+58.7%), Société Générale (+105.3%) and State Bank of India (+116.5%).

Health care companies, often regarded as defensive investments in recessions, showed solid returns. The fund’s largest holding, Bayer AG, was up 44.9%; fourth-largest Roche (+18.0%), sixth-largest Novartis (+32.8%) and 10th-largest Novo Nordisk (+30.7%) were also strong. Telecommunication services made up 9.5% of the portfolio, and our largest holding in that sector, América Móvil, returned 61.8%. Telefónica, our seventh-largest security, was up 38.4%. The fund’s other top 10 holdings were Anheuser-Busch InBev (+65.7%), software maker SAP (+37.6%) and Gazprom (+58.3%).

The fund ended the first half of the fiscal year with 5.8% of the portfolio in cash and short-term equivalents, compared to 12.1% at the end of the previous year. This marked shift underscores the level of opportunities for quality companies at attractive stock prices that we uncovered in the period. The weakness in the U.S. dollar helped returns for the fund.

[Begin Sidebar]

Where the fund’s assets are invested (percent invested by country)
EuroPacific invests primarily in the stocks of companies based in Europe and the Pacific Basin.1
	EuroPacific Growth Fund						MSCI All Country World ex USA Index2
	(9/30/09)			(3/31/09)			(9/30/09)
Europe
Euro zone3		34.7	%		30.0	%		24.3	%
United Kingdom		9.5			8.3			14.9
Switzerland		8.1			8.3			5.5
Russia		2.2			2.1			1.3
Denmark		1.9			2.4			.7
Sweden		1.4			1.2			1.8
Norway		.7			.7			.5
Other Europe		.6			.5			.8
		59.1			53.5			49.8
Pacific Basin
Japan		7.4			7.8			15.4
China		3.7			3.0			3.7
Mexico		3.0			3.2			.9
Australia		2.7			1.9			5.9
Canada		2.5			2.4			7.1
South Korea		2.1			1.9			2.9
Taiwan		1.7			2.4			2.5
Hong Kong		1.2			1.9			1.7
Indonesia		.4			.3			.4
Other Pacific Basin		1.1			1.1			2.0
		25.8			25.9			42.5
Other
Brazil		3.4			2.7			3.3
India		3.0			2.8			1.6
South Africa		1.5			1.2			1.5
Israel		1.3			1.7			.6
Other countries		.1			.1			.7
		9.3			8.5			7.7
Short-term securities & other
assets less liabilities		5.8			12.1			—
Total		100.0	%		100.0	%		100.0	%
1 A country is considered part of the Pacific Basin if any of its borders touches the Pacific Ocean.
2 Weighted by market capitalization.
3 Countries using the euro as a common currency: Austria, Belgium, Cyprus, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia and Spain.

[End Sidebar]

Looking ahead

The global economy continues to show signs of rebounding, but we are cautious about the sustainability of the pace of growth in some regions. In many ways, the world is a different place than a year ago and we expect the recovery could be full of noise and volatility. Although it is clear that government involvement helped reverse the sharp downtown, the long-term consequences of these actions are unclear. We are watching to see how different countries will unwind their fiscal and monetary policy interventions.

Global markets fell last year in unprecedented coordination across all asset classes; however, the upturn has highlighted the differences among companies and regions and the importance of differentiating among them. We continue to travel to meet with managements, monitor developments in countries around the world, and look to select industry-leading companies with efficient operations and strong financial health. We believe these are the securities that will provide compelling long-term returns. EuroPacific has the resources and dedication to stay focused and a research process that has been the backbone of our shareholders’ success for decades.

We thank you for your conviction in the long-term benefits of our investment philosophy.

Sincerely,

/s/ Gina H. Despres

Gina H. Despres

Vice Chairman of the Board

/s/ Carl Kawaja

Carl Kawaja

President

November 9, 2009

For current information about the fund, visit americanfunds.com.

Summary investment portfolio, September 30, 2009

unaudited

The following summary investment portfolio is designed to streamline the report and help investors better focus on a fund’s principal holdings.  See the inside back cover for details on how to obtain a complete schedule of portfolio holdings.

[begin pie chart]

Industry sector diversification (percent of net assets)
Financials	19.58	%
Health care	11.45
Telecommunication services	9.53
Consumer staples	9.24
Consumer discretionary	8.89
Other industries	34.94
Bonds & notes	0.43
Preferred stocks	0.16
Rights	0.03
Short-term securities & other assets less liabilities	5.75

[end pie chart]

Country diversification (percent of net assets)
Euro zone*	34.7	%
United Kingdom	9.5
Switzerland	8.1
Japan	7.4
China	3.7
Brazil	3.4
India	3.0
Mexico	3.0
Australia	2.7
Canada	2.5
Russia	2.2
South Korea	2.1
Other countries	11.9
Short-term securities & other assets less liabilities	5.8
*Countries using the euro as a common currency; those represented in the fund's portfolio are Austria, Belgium, Finland, France, Germany, Greece, Ireland, Italy, the Netherlands, Portugal and Spain.

							Percent
				Value			of net
Common stocks  - 93.63%	Shares				(000	)	assets
Financials  - 19.58%
Banco Santander, SA		107,686,453		$	1,734,064			1.83	%
UBS AG (1)		58,196,671			1,065,834			1.12
Prudential PLC		108,287,024			1,041,438			1.10
AXA SA		32,235,604			873,009			.92
Housing Development Finance Corp. Ltd.		12,629,346			738,269			.78
Industrial and Commercial Bank of China Ltd., Class H		961,504,000			724,587			.76
UniCredit SpA (1)		180,918,348			707,140			.74
Deutsche Bank AG		8,868,504			680,873			.72
Société Générale		8,306,094			668,761			.70
Banco Bradesco SA, preferred nominative		32,412,550			646,490			.68
Itaú Unibanco Holding SA, preferred nominative		17,739,630			358,346
Itaú Unibanco Holding SA, preferred nominative (ADR)		11,638,203			234,510			.63
Bank of China Ltd., Class H		1,102,582,000			580,494			.61
Other securities					8,539,290			8.99
					18,593,105			19.58
Health care  - 11.45%
Bayer AG		34,925,925			2,420,914			2.55
Roche Holding AG		10,896,868			1,762,141			1.85
Novartis AG		33,877,325			1,695,829			1.79
Novo Nordisk A/S, Class B		22,139,400			1,387,060			1.46
Teva Pharmaceutical Industries Ltd. (ADR)		23,429,100			1,184,575			1.25
CSL Ltd.		18,545,000			547,543			.58
Other securities					1,874,872			1.97
					10,872,934			11.45
Telecommunication services  - 9.53%
América Móvil, SAB de CV, Series L (ADR)		47,128,000			2,065,620
América Móvil, SAB de CV, Series L		31,090,000			68,053			2.25
Telefónica, SA		57,330,000			1,582,413			1.67
Koninklijke KPN NV		52,946,400			878,556			.92
SOFTBANK CORP.		25,438,900			559,605			.59
MTN Group Ltd. (2)		32,238,200			525,403			.55
Other securities					3,369,789			3.55
					9,049,439			9.53
Consumer staples  - 9.24%
Anheuser-Busch InBev NV		41,213,464			1,882,672			1.98
Nestlé SA		23,852,000			1,016,899			1.07
Pernod Ricard SA		10,715,737			851,321			.90
Tesco PLC		120,067,773			767,137			.81
British American Tobacco PLC		21,144,999			663,666			.70
Danone SA		10,881,168			655,954			.69
Other securities					2,933,032			3.09
					8,770,681			9.24
Consumer discretionary  - 8.89%
Daimler AG		16,398,778			825,932
Daimler AG (New York registered)		250,000			12,578			.88
Honda Motor Co., Ltd.		25,418,250			783,604			.83
Industria de Diseño Textil, SA		12,714,674			729,816			.77
Toyota Motor Corp.		17,223,300			685,552			.72
adidas AG  (3)		11,373,000			602,192			.63
British Sky Broadcasting Group PLC		64,377,805			588,266			.62
Other securities					4,214,008			4.44
					8,441,948			8.89
Energy  - 7.84%
OAO Gazprom (ADR)		62,015,000			1,441,849			1.52
Petróleo Brasileiro SA - Petrobras, ordinary nominative (ADR)		21,256,340			975,666
Petróleo Brasileiro SA - Petrobras, preferred nominative (ADR)		6,700,860			263,411			1.30
Reliance Industries Ltd. (1)		14,650,000			675,905			.71
Other securities					4,093,846			4.31
					7,450,677			7.84
Materials  - 7.74%
Xstrata PLC (1)		52,410,053			773,041			.81
Linde AG		7,005,200			759,684			.80
Impala Platinum Holdings Ltd.		27,872,707			650,797			.69
Other securities					5,172,231			5.44
					7,355,753			7.74
Information technology  - 7.64%
SAP AG		24,000,795			1,169,285
SAP AG (ADR)		4,812,500			235,187			1.48
Samsung Electronics Co. Ltd.		1,844,259			1,279,210
Samsung Electronics Co. Ltd., nonvoting preferred		48,800			20,475			1.37
Taiwan Semiconductor Manufacturing Co. Ltd.		346,983,677			699,826
Taiwan Semiconductor Manufacturing Co. Ltd. (ADR)		5,822,723			63,817			.80
Canon, Inc.		15,305,300			619,448			.65
HOYA CORP. (3)		23,734,700			561,016			.59
Other securities					2,607,347			2.75
					7,255,611			7.64
Industrials  - 6.30%
Siemens AG		9,473,900			877,620			.93
Ryanair Holdings PLC (ADR) (1)		19,373,900			562,618			.59
Other securities					4,540,921			4.78
					5,981,159			6.30
Utilities  - 3.62%
GDF Suez		18,018,103			800,401			.84
Other securities					2,633,663			2.78
					3,434,064			3.62
Miscellaneous  -  1.80%
Other common stocks in initial period of acquisition					1,705,870			1.80
Total common stocks (cost: $70,932,095,000)					88,911,241			93.63
							Percent
				Value			of net
Preferred stocks  - 0.16%					(000	)	assets
Financials - 0.16%
Other securities					151,587			.16
Total preferred stocks (cost: $133,749,000)					151,587			.16
							Percent
				Value			of net
Rights  - 0.03%					(000	)	assets
Miscellaneous  -  0.03%
Other rights in initial period of acquisition					31,058			.03
Total rights (cost: $23,702,000)					31,058			.03
	Principal						Percent
	amount			Value			of net
Bonds & notes  - 0.43%		(000	)		(000	)	assets
Other  - 0.43%
Gazprom International SA 7.201% 2020 (4)	$	21,159			22,111
Open Joint Stock Co. Gazprom, Series 2, 8.625% 2034		5,875			6,448
Gaz Capital SA 7.288%-8.146%  2013-2037		43,480			45,390			.08
Other securities					331,557			.35
Total bonds & notes (cost: $306,771,000)					405,506			.43
	Principal						Percent
	amount			Value			of net
Short-term securities  - 5.75%		(000	)		(000	)	assets
Freddie Mac 0.19%-1.00% due 10/6/2009-5/17/2010		1,334,561			1,333,925			1.40
Nestlé Capital Corp. 0.21%-0.24% due 1/25-2/11/2010 (5)		157,000			156,840			.17
Novartis Finance Corp. 0.23% due 3/1/2010 (5)		25,000			24,956			.03
Other securities					3,945,828			4.15
Total short-term securities (cost: $5,461,003,000)					5,461,549			5.75
Total investment securities (cost: $76,857,320,000)					94,960,941			100.00
Other assets less liabilities					3,035			.00
Net assets				$	94,963,976			100.00	%

"Miscellaneous" securities include holdings in their initial period of acquisition that have not previously been publicly disclosed.

"Other securities" includes all issues that are not disclosed separately in the summary investment portfolio.

Investments in affiliates

A company is considered to be an affiliate of the fund under the Investment Company Act of 1940 if the fund's holdings in that company represent 5% or more of the outstanding voting shares of that company. The fund's affiliated holdings listed below are either shown in the preceding summary investment portfolio or included in the value of "Other securities" under their respective industry sectors. Further details on these holdings and related transactions during the six months ended September 30, 2009, appear below.

	Beginning shares		Additions		Reductions		Ending shares			Dividend income (000	)		Value of affiliates at 9/30/09 (000	)
adidas AG		6,843,000		4,530,000		-		11,373,000	$	5,344		$	602,192
HOYA CORP.		26,989,700		-		3,255,000		23,734,700		8,446			561,016
UCB SA		10,179,479		-		-		10,179,479		10,656			429,766
Hirose Electric Co., Ltd.		2,547,000		-		144,500		2,402,500		1,465			271,082
Techtronic Industries Co. Ltd.		86,710,000		-		-		86,710,000		671			71,946
Housing Development Finance Corp. Ltd. (6)		15,436,346		-		2,807,000		12,629,346		7,928			-
HTC Corp.(6)		38,751,100		2,344,555		18,225,500		22,870,155		22,319			-
Qantas Airways Ltd.(6)		127,259,300		-		40,000,000		87,259,300		-			-
									$	56,829		$	1,936,002

The following footnotes apply to either the individual securities noted or one or more of the securities aggregated and listed as a single line item.

(1) Security did not produce income during the last 12 months.

(2) Valued under fair value procedures adopted by authority of the board of trustees. The total value of all such securities, including those in "Miscellaneous" and "Other securities," was $1,157,309,000, which represented 1.22% of the net assets of the fund.

(3) Represents an affiliated company as defined under the Investment Company Act of 1940.

(4) Principal payments may be made periodically. Therefore, the effective maturity date may be earlier than the stated maturity date.

(5) Purchased in a transaction exempt from registration under the Securities Act of 1933. May be resold in the U.S. in transactions exempt from registration, normally to qualified institutional buyers. The total value of all such securities, including those in "Other securities," was $1,616,221,000, which represented 1.70% of the net assets of the fund.

(6) Unaffiliated issuer at 9/30/2009.

Key to abbreviation

ADR = American Depositary Receipts

See Notes to Financial Statements

Financial statements

Statement of assets and liabilities			unaudited
at September 30, 2009	(dollars in thousands)
Assets:
Investment securities, at value:
Unaffiliated issuers (cost: $74,959,166)	$	93,024,939
Affiliated issuers (cost: $1,898,154)		1,936,002	$	94,960,941
Cash denominated in currencies other than U.S. dollars (cost: $18,273)				18,287
Cash				201
Receivables for:
Sales of investments		91,560
Sales of fund's shares		272,589
Dividends and interest		200,246		564,395
				95,543,824
Liabilities:
Payables for:
Purchases of investments		69,576
Repurchases of fund's shares		331,161
Investment advisory services		32,550
Services provided by affiliates		30,257
Trustees' deferred compensation		2,583
Non-U.S. taxes		108,586
Other		5,135		579,848
Net assets at September 30, 2009			$	94,963,976
Net assets consist of:
Capital paid in on shares of beneficial interest			$	89,253,427
Undistributed net investment income				1,113,282
Accumulated net realized loss				(13,405,745	)
Net unrealized appreciation				18,003,012
Net assets at September 30, 2009			$	94,963,976

(dollars and shares in thousands, except per-share amounts)
Shares of beneficial interest issued and outstanding (no stated par value) - unlimited shares authorized (2,532,369 total shares outstanding)
	Net assets		Shares outstanding		Net asset value per share*
Class A	$	39,991,385		1,061,388	$	37.68
Class B		1,002,179		26,965		37.17
Class C		2,782,357		75,806		36.70
Class F-1		7,738,002		206,287		37.51
Class F-2		2,895,311		76,728		37.73
Class 529-A		751,684		20,104		37.39
Class 529-B		90,910		2,479		36.67
Class 529-C		287,599		7,859		36.60
Class 529-E		41,928		1,131		37.08
Class 529-F-1		49,896		1,334		37.40
Class R-1		228,635		6,278		36.42
Class R-2		1,214,163		33,186		36.59
Class R-3		6,467,154		174,785		37.00
Class R-4		10,658,454		287,375		37.09
Class R-5		16,426,751		435,709		37.70
Class R-6		4,337,568		114,955		37.73
(*) Maximum offering price and redemption price per share were equal to the net asset value per share for all share classes, except for Classes A and 529-A, for which the maximum offering prices per share were $39.98 and $39.67, respectively.
See Notes to Financial Statements

Statement of operations				unaudited
for the six months ended September 30, 2009	(dollars in thousands)
Investment income:
Income:
Dividends (net of non-U.S. taxes of $168,227; also includes $56,829 from affiliates)	$	1,251,166
Interest		47,256		$	1,298,422
Fees and expenses*:
Investment advisory services		173,824
Distribution services		98,504
Transfer agent services		26,256
Administrative services		31,631
Reports to shareholders		2,044
Registration statement and prospectus		7,569
Trustees' compensation		956
Auditing and legal		41
Custodian		9,364
Other		1,424			351,613
Net investment income					946,809
Net realized loss and unrealized appreciation on investments and currency:
Net realized (loss) gain on:
Investments (including $5,352 net loss from affiliates)		(827,775	)
Currency transactions		4,054			(823,721	)
Net unrealized appreciation on:
Investments (net of non-U.S. taxes of $108,586)		29,546,014
Currency translations		9,689			29,555,703
Net realized loss and unrealized appreciation on investments and currency					28,731,982
Net increase in net assets resulting from operations				$	29,678,791
(*) Additional information related to class-specific fees and expenses is included in the Notes to Financial Statements.
See Notes to Financial Statements
Statements of changes in net assets		(dollars in thousands)
		Six months ended September 30, 2009*			Year ended March 31, 2009
Operations:
Net investment income	$	946,809		$	2,108,347
Net realized loss on investments and currency transactions		(823,721	)		(12,486,045	)
Net unrealized appreciation (depreciation) on investments and currency translations		29,555,703			(36,391,191	)
Net increase (decrease) in net assets resulting from operations		29,678,791			(46,768,889	)
Dividends and distributions paid to shareholders:
Dividends from net investment income		-			(1,815,409	)
Distributions from net realized gain on investments		-			(3,253,052	)
Total dividends and distributions paid to shareholders		-			(5,068,461	)
Net capital share transactions		1,800,738			546,261
Total increase (decrease) in net assets		31,479,529			(51,291,089	)
Net assets:
Beginning of period		63,484,447			114,775,536
End of period (including undistributed net investment income: $1,113,282 and $166,473, respectively)	$	94,963,976		$	63,484,447
*Unaudited.
See Notes to Financial Statements

Notes to financial statements                    

                                                                                       unaudited

1. Organization and significant accounting policies

Organization – EuroPacific Growth Fund (the "fund") is registered under the Investment Company Act of 1940 as an open-end, diversified management investment company. The fund seeks long-term capital appreciation by investing primarily in the securities of companies based in Europe and the Pacific Basin.

The fund has 16 share classes consisting of five retail share classes, five 529 college savings plan share classes and six retirement plan share classes. The 529 college savings plan share classes (529-A, 529-B, 529-C, 529-E and 529-F-1) can be used to save for college education. The six retirement plan share classes (R-1, R-2, R-3, R-4, R-5 and R-6) are generally offered only through eligible employer-sponsored retirement plans. The fund’s share classes are described below:

Share class	Initial sales charge	Contingent deferred sales charge upon redemption	Conversion feature
Classes A and 529-A	Up to 5.75%	None (except 1% for certain redemptions within one year of purchase without an initial sales charge)	None
Classes B and 529-B*	None	Declines from 5% to 0% for redemptions within six years of purchase	Classes B and 529-B convert to Classes A and 529-A, respectively, after eight years
Class C	None	1% for redemptions within one year of purchase	Class C converts to Class F-1 after 10 years
Class 529-C	None	1% for redemptions within one year of purchase	None
Class 529-E	None	None	None
Classes F-1, F-2 and 529-F-1	None	None	None
Classes R-1, R-2, R-3, R-4,  R-5 and R-6	None	None	None

*Effective April 21, 2009, Class B and 529-B shares of the fund are not available for purchase.

On May 1, 2009, the fund made an additional retirement plan share class (Class R-6) available for sale pursuant to an amendment to its registration statement filed with the Securities and Exchange Commission (“SEC”). Refer to the fund’s retirement plan prospectus for more details.

Holders of all share classes have equal pro rata rights to assets, dividends and liquidation proceeds.Each share class has identical voting rights, except for the exclusive right to vote on matters affecting only its class. Share classes have different fees and expenses ("class-specific fees and expenses"), primarily due to different arrangements for distribution, administrative and shareholder services. Differences in class-specific fees and expenses will result in differences in net investment income and, therefore, the payment of different per-share dividends by each class.

Significant accounting policies – The financial statements have been prepared to comply with accounting principles generally accepted in the United States of America. These principles require management to make estimates and assumptions that affect reported amounts and disclosures. Actual results could differ from those estimates. The following is a summary of the significant accounting policies followed by the fund:

Net asset value – The fund generally determines its net asset value as of approximately 4:00 p.m. New York time each day the New York Stock Exchange is open.

Security valuation – Equity securities are valued at the official closing price of, or the last reported sale price on, the exchange or market on which such securities are traded, as of the close of business on the day the securities are being valued or, lacking any sales, at the last available bid price. Prices for each security are taken from the principal exchange or market in which the security trades. Fixed-income securities, including short-term securities purchased with more than 60 days left to maturity, are valued at prices obtained from one or more independent pricing vendors when such prices are available. However, where the investment adviser deems it appropriate to do so, such securities will be valued in good faith at the mean quoted bid and asked prices that are reasonably and timely available (or bid prices, if asked prices are not available) or at prices for securities of comparable maturity, quality and type. Vendors base bond prices on, among other things, valuation matrices that incorporate dealer-supplied valuations, proprietary pricing models and evaluations of the yield curve as of approximately 3:00 p.m. New York time. Securities with both fixed-income and equity characteristics, or equity securities traded principally among fixed-income dealers, are valued in the manner described above for either equity or fixed-income securities, depending on which method is deemed most appropriate by the investment adviser. Short-term securities purchased within 60 days to maturity are valued at amortized cost, which approximates market value. The value of short-term securities originally purchased with maturities greater than 60 days is determined based on an amortized value to par when they reach 60 days or less remaining to maturity.

Securities and other assets for which representative market quotations are not readily available or are considered unreliable by the investment adviser are fair valued as determined in good faith under guidelines adopted by authority of the fund's board of trustees. Market quotations may be considered unreliable if events occur that materially affect the value of securities (particularly securities outside the U.S.) between the close of trading in those securities and the close of regular trading on the New York Stock Exchange. Various factors may be reviewed in order to make a good faith determination of a security’s fair value. These factors include, but are not limited to, the type and cost of the security; contractual or legal restrictions on resale of the security; relevant financial or business developments of the issuer; actively traded similar or related securities; conversion or exchange rights on the security; related corporate actions; significant events occurring after the close of trading in the security; and changes in overall market conditions. Fair valuations and valuations of investments that are not actively trading involve judgment and may differ materially from valuations that would have been used had greater market activity occurred.

Security transactions and related investment income – Security transactions are recorded by the fund as of the date the trades are executed with brokers. Realized gains and losses from security transactions are determined based on the specific identified cost of the securities. Dividend income is recognized on the ex-dividend date and interest income is recognizedon an accrual basis. Market discounts, premiums and original issue discounts on fixed-income securities are amortized daily over the expected life of the security.

Class allocations – Income, fees and expenses (other than class-specific fees and expenses) and realized and unrealized gains and losses are allocated daily among the various share classes based on their relative net assets. Class-specific fees and expenses, such as distribution, administrative and shareholder services, are charged directly to the respective share class.

Dividends and distributions to shareholders –Dividends and distributions paid to shareholders are recorded on the ex-dividend date.

Currency translation – Assets and liabilities, including investment securities, denominated in currencies other than U.S. dollars are translated into U.S. dollars at the exchange rates in effect on the valuation date. Purchases and sales of investment securities and income and expenses are translated into U.S. dollars at the exchange rates on the dates of such transactions. On the accompanying financial statements, the effects of changes in exchange rates on investment securities are included with the net realized gain or loss and net unrealized appreciation or depreciation on investments. The realized gain or loss and unrealized appreciation or depreciation resulting from all other transactions denominated in currencies other than U.S. dollars are disclosed separately.

2. Risk factors

Investing in the fund may involve certain risks including, but not limited to, those described below.

The prices of securities held by the fund may decline in response to certain events taking place around the world, including those directly involving the companies whose securities are owned by the fund; conditions affecting the general economy; overall market changes; local, regional or global political, social or economic instability; and currency, interest rate and commodity price fluctuations. The growth-oriented common stocks and other equity-type securities generally purchased by the fund may involve large price swings and potential for loss.

Investments in securities issued by entities based outside the U.S. may also be affected by currency controls; different accounting, auditing, financial reporting, and legal standards and practices; expropriation; changes in tax policy; greater market volatility; differing securities market structures; higher transaction costs; and various administrative difficulties, such as delays in clearing and settling portfolio transactions or in receiving payment of dividends. These risks may be heightened in connection with investments in developing countries. Investments in securities issued by entities domiciled in the U.S. may also be subject to many of these risks.

3. Taxation and distributions                                                                

Federal income taxation – The fund complies with the requirements under Subchapter M of the Internal Revenue Code applicable to mutual funds and intends to distribute substantially all of its net taxable income and net capital gains each year. The fund is not subject to income taxes to the extent such distributions are made. Therefore, no federal income tax provision is required.

As of and during the period ended September 30, 2009, the fund did not have a liability for any unrecognized tax benefits. The fund recognizes interest and penalties, if any, related to unrecognized tax benefits as income tax expense in the statement of operations. During the period, the fund did not incur any interest or penalties.

The fund is not subject to examination by U.S. federal tax authorities for tax years before 2005, by state tax authorities for tax years before 2004 and by tax authorities outside the U.S. for tax years before 2002.

Non-U.S. taxation – Dividend and interest income is recorded net of non-U.S. taxes paid. Gains realized by the fund on the sale of securities in certain countries are subject to non-U.S. taxes. The fund records a liability based on unrealized gains to provide for potential non-U.S. taxes payable upon the sale of these securities.

Distributions – Distributions paid to shareholders are based on net investment income and net realized gains determined on a tax basis, which may differ from net investment income and net realized gainsfor financial reporting purposes. These differences are due primarily to different treatment for items such as currency gains and losses; short-term capital gains and losses; capital losses related to sales of certain securities within 30 days of purchase; unrealized appreciation of certain investments in securities outside the U.S.; net capital losses; and income on certain investments. The fiscal year in which amounts are distributed may differ from the year in which the net investment income and net realized gains are recorded by the fund for financial reporting purposes.

The components of distributable earnings on a tax basis are reported as of the fund’s most recent year-end. As of March 31, 2009, the components of distributable earnings on a tax basis were as follows:

(dollars in thousands)
Undistributed ordinary income	$	208,481
Capital loss carryforward expiring 2017*		(4,409,277	)
Post-October capital loss deferrals (realized during the period November 1, 2008, through March 31, 2009)†		(7,980,201	)
*The capital loss carryforward will be used to offset any capital gains realized by the fund in the current year or in subsequent years through the expiration date. The fund will not make distributions from capital gains while a capital loss carryforward remains. †These deferrals are considered incurred in the subsequent year.

As of September 30, 2009, the tax basis unrealized appreciation (depreciation) and cost of investment securities were as follows:

(dollars in thousands)
Gross unrealized appreciation on investment securities	$	22,053,416
Gross unrealized depreciation on investment securities		(4,172,793	)
Net unrealized appreciation on investment securities		17,880,623
Cost of investment securities		77,080,318

No distributions were paid to shareholders during the six months ended September 30, 2009.  The tax character of distributions paid to shareholders during the year ended March 31, 2009, was as follows (dollars in thousands):

Share class	Ordinary income		Long-term capital gains		Total distributions paid
Class A	$	839,399	$	1,498,388	$	2,337,787
Class B		12,697		43,006		55,703
Class C		32,384		107,659		140,043
Class F-1		149,238		270,367		419,605
Class F-2*		17,616		29,790		47,406
Class 529-A		14,222		25,098		39,320
Class 529-B		1,086		3,313		4,399
Class 529-C		3,327		9,999		13,326
Class 529-E		674		1,410		2,084
Class 529-F-1		1,029		1,653		2,682
Class R-1		2,511		6,888		9,399
Class R-2		13,440		40,158		53,598
Class R-3		98,652		208,012		306,664
Class R-4		204,977		360,608		565,585
Class R-5		424,157		646,703		1,070,860
Total	$	1,815,409	$	3,253,052	$	5,068,461
*Class F-2 was offered beginning August 1, 2008.

4. Fees and transactions with related parties

Capital Research and Management Company ("CRMC"), the fund’s investment adviser, is the parent company of American Funds Service Company® ("AFS"), the fund’s transfer agent, and American Funds Distributors,® Inc. ("AFD"), the principal underwriter of the fund’s shares.

Investment advisory services - The Investment Advisory and Service Agreement with CRMC provides for monthly fees accrued daily. These fees are based on a declining series of annual rates beginning with 0.690% on the first $500 million of daily net assets and decreasing to 0.397% on such assets in excess of $115 billion. For the six months ended September 30, 2009, the investment advisory services fee was $173,824,000, which was equivalent to an annualized rate of 0.429% of average daily net assets.

Class-specific fees and expenses – Expenses that are specific to individual share classes are accrued directly to the respective share class. The principal class-specific fees and expenses are described below:

Distribution services – The fund has adopted plans of distribution for all share classes, except Classes F-2, R-5 and R-6. Under the plans, the board of trustees approves certain categories of expenses that are used to finance activities primarily intended to sell fund shares and service existing accounts. The plans provide for payments, based on an annualized percentage of average daily net assets, ranging from 0.25% to 1.00% as noted below. In some cases, the board of trustees has limited the amounts that may be paid to less than the maximum allowed by the plans.All share classes with a plan may use up to 0.25% of average daily net assets to pay service fees, or to compensate AFD for paying service fees, to firms that have entered into agreements with AFD to provide certain shareholder services. The remaining amounts available to be paid under each plan are paid to dealers to compensate them for their sales activities.

For Classes A and 529-A, the board of trustees has also approved the reimbursement of dealer and wholesaler commissions paid by AFD for certain shares sold without a sales charge. These classes reimburse AFD for amounts billed within the prior 15 months but only to the extent that the overall annual expense limit of 0.25% is not exceeded. As of September 30, 2009, there were no unreimbursed expenses subject to reimbursement for Classes A or 529-A.

Share class	Currently approved limits	Plan limits
Class A	0.25%	0.25%
Class 529-A	0.25	0.50
Classes B and 529-B	1.00	1.00
Classes C, 529-C and R-1	1.00	1.00
Class R-2	0.75	1.00
Classes 529-E and R-3	0.50	0.75
Classes F-1, 529-F-1 and R-4	0.25	0.50

Transfer agent services –The fund hasa transfer agent agreement with AFS for Classes A and B. Under this agreement, these share classes compensate AFS for transfer agent services including shareholder recordkeeping, communications and transaction processing. AFS is also compensated for certain transfer agent services provided to all other share classes from the administrative services fees paid to CRMC as described below.

Administrative services – The fund has an administrative services agreement with CRMC to provide transfer agent and other related shareholder services for all share classes other than Classes A and B.  Each relevant share class pays CRMC annual fees up to 0.15% (0.10% for Class R-5 and 0.05% for Class R-6) based on its respective average daily net assets. Each relevant share class also pays AFS additional amounts for certain transfer agent services. CRMC and AFS may use these fees to compensate third parties for performing these services. Each 529 share class is subject to an additional administrative services fee payable to the Commonwealth of Virginia for the maintenance of the 529 college savings plan.The quarterly fee is based on a declining series of annual rates beginning with 0.10% on the first $30 billion of the net assets invested in Class 529 shares of the American Funds and decreasing to 0.06% on such assets between $120 billion and $150 billion. The fee for any given calendar quarter is accrued and calculated on the basis of the average net assets of Class 529 shares of the American Funds for the last month of the prior calendar quarter. Although these amounts are included with administrative services fees on the accompanying financial statements, the Commonwealth of Virginia is not considered a related party.

Expenses under the agreements described above for the six months ended September 30, 2009, were as follows (dollars in thousands):

Share class	Distribution services	Transfer agent services	Administrative services
			CRMC administrative services	Transfer agent services	Commonwealth of Virginia administrative services
Class A	$42,356	$25,690	Not applicable	Not applicable	Not applicable
Class B	4,518	566	Not applicable	Not applicable	Not applicable
Class C	11,955	Included in administrative services	$1,797	$271	Not applicable
Class F-1	7,618		4,686	430	Not applicable
Class F-2	Not applicable		1,197	39	Not applicable
Class 529-A	636		346	59	$318
Class 529-B	394		43	16	40
Class 529-C	1,214		133	43	122
Class 529-E	89		19	3	18
Class 529-F-1	-		23	4	21
Class R-1	943		133	33	Not applicable
Class R-2	3,818		760	1,603	Not applicable
Class R-3	13,522		3,909	959	Not applicable
Class R-4	11,441		6,862	79	Not applicable
Class R-5	Not applicable		6,986	40	Not applicable
Class R-6*	Not applicable		638	1	Not applicable
Total	$98,504	$26,256	$27,532	$3,580	$519

*Class R-6 was offered beginning May 1, 2009.

Trustees’ deferred compensation – Since the adoption of the deferred compensation plan in 1993, trustees who are unaffiliated with CRMC may elect to defer the cash payment of part or all of their compensation. These deferred amounts, which remain as liabilities of the fund, are treated as if invested in shares of the fund or other American Funds. These amounts represent general, unsecured liabilities of the fund and vary according to the total returns of the selected funds. Trustees’ compensation of $956,000, shown on the accompanying financial statements, includes $193,000 in current fees (either paid in cash or deferred) and a net increase of $763,000 in the value of the deferred amounts.

Affiliated officers and trustees – Officers and certain trustees of the fund are or may be considered to be affiliated with CRMC, AFS and AFD. No affiliated officers or trustees received any compensation directly from the fund.

5. Disclosure of fair value measurements

The fund classifies its assets and liabilities into three levels based on the method used to value the assets or liabilities.Level 1 values are based on quoted prices in active markets for identical securities. Level 2 values are based on significant observable market inputs, such as quoted prices for similar securities and quoted prices in inactive markets. Level 3 values are based on significant unobservable inputs that reflect the fund’s determination of assumptions that market participants might reasonably use in valuing the securities. The valuation levels are not necessarily an indication of the risk or liquidity associated with the underlying investment. For example, U.S. government securities are generally high-quality and liquid; however, they are reflected as Level 2 because the inputs used to determine fair value may not always be quoted prices in an active market.The following table presents the fund’s valuation levels as of September 30, 2009 (dollars in thousands):

Investment securities:	Level 1		Level 2		Level 3		Total
Common stocks:
Financials	$	18,145,570	$	447,535	$	-	$	18,593,105
Health care		10,872,934		-		-		10,872,934
Telecommunication services		8,382,918		666,521		-		9,049,439
Consumer staples		8,770,681		-		-		8,770,681
Consumer discretionary		8,441,948		-		-		8,441,948
Energy		7,450,677		-		-		7,450,677
Materials		7,355,753		-		-		7,355,753
Information technology		7,255,611		-		-		7,255,611
Industrials		5,981,159		-		-		5,981,159
Utilities		3,434,064		-		-		3,434,064
Miscellaneous		1,690,065		15,805		-		1,705,870
Preferred stocks		-		151,587		-		151,587
Rights		31,058		-		-		31,058
Bonds & notes		-		405,506		-		405,506
Short-term securities		-		5,461,549		-		5,461,549
Total	$	87,812,438	$	7,148,503	$	-	$	94,960,941

The following table reconciles the valuation of the fund's Level 3 investment securities and related transactions for the six months ended September 30, 2009 (dollars in thousands):
	Beginning value at 4/1/2009		Net unrealized appreciation*		Net sales			Net realized loss*			Ending value at 9/30/2009
Investment securities	$	47,255	$	182,489	$	(85,796	)	$	(143,948	)	$	-
*Net realized loss and unrealized appreciation are included in the related amounts on investments in the statement of operations.

6. Capital share transactions

Capital share transactions in the fund were as follows (dollars and shares in thousands):

Share class		Sales(1)				Reinvestments of dividends and distributions				Repurchases(1)						Net (decrease) increase
		Amount		Shares		Amount		Shares		Amount			Shares			Amount			Shares
Six months ended September 30, 2009
Class A		$	2,403,168		74,141		-		-	$	(3,454,621	)		(106,396	)	$	(1,051,453	)		(32,255	)
Class B			22,254		705		-		-		(116,821	)		(3,707	)		(94,567	)		(3,002	)
Class C			196,854		6,142		-		-		(212,842	)		(6,765	)		(15,988	)		(623	)
Class F-1			1,633,121		49,890		-		-		(1,356,767	)		(42,222	)		276,354			7,668
Class F-2			1,684,949		52,052		-		-		(213,741	)		(6,589	)		1,471,208			45,463
Class 529-A			49,707		1,539		-		-		(28,473	)		(881	)		21,234			658
Class 529-B			1,726		55		-		-		(2,969	)		(93	)		(1,243	)		(38	)
Class 529-C			21,573		684		-		-		(13,694	)		(432	)		7,879			252
Class 529-E			3,077		98		-		-		(2,032	)		(65	)		1,045			33
Class 529-F-1			5,191		160		-		-		(3,909	)		(120	)		1,282			40
Class R-1			40,713		1,296		-		-		(23,042	)		(725	)		17,671			571
Class R-2			188,839		6,009		-		-		(126,617	)		(4,014	)		62,222			1,995
Class R-3			1,015,622		31,877		-		-		(656,071	)		(20,379	)		359,551			11,498
Class R-4			2,398,221		75,306		-		-		(2,368,384	)		(75,221	)		29,837			85
Class R-5			2,264,720		70,607		-		-		(5,074,738	)		(160,206	)		(2,810,018	)		(89,599	)
Class R-6(2)			5,497,473		170,212		-		-		(1,971,749	)		(55,257	)		3,525,724			114,955
Total net increase
(decrease)		$	17,427,208		540,773		-		-	$	(15,626,470	)		(483,072	)	$	1,800,738			57,701
Year ended March 31, 2009
Class A		$	5,512,120		152,504	$	2,228,985		82,524	$	(12,335,632	)		(368,178	)	$	(4,594,527	)		(133,150	)
Class B			119,052		3,157		53,779		2,007		(470,214	)		(13,667	)		(297,383	)		(8,503	)
Class C			418,358		11,281		134,244		5,072		(945,447	)		(29,605	)		(392,845	)		(13,252	)
Class F-1			3,099,787		85,692		367,327		13,660		(3,997,425	)		(122,276	)		(530,311	)		(22,924	)
Class F-2(3)			1,334,657		42,777		32,368		1,199		(346,233	)		(12,711	)		1,020,792			31,265
Class 529-A			122,309		3,338		39,278		1,465		(73,674	)		(2,324	)		87,913			2,479
Class 529-B			10,270		287		4,398		166		(8,634	)		(274	)		6,034			179
Class 529-C			49,756		1,390		13,323		504		(38,798	)		(1,224	)		24,281			670
Class 529-E			6,980		201		2,083		78		(4,727	)		(150	)		4,336			129
Class 529-F-1	��		10,691		299		2,680		100		(6,217	)		(197	)		7,154			202
Class R-1			97,696		2,669		9,316		355		(50,695	)		(1,509	)		56,317			1,515
Class R-2			398,000		11,679		53,544		2,028		(362,883	)		(10,918	)		88,661			2,789
Class R-3			2,123,255		60,014		306,427		11,529		(2,736,039	)		(74,167	)		(306,357	)		(2,624	)
Class R-4			4,277,350		123,309		565,339		21,262		(3,104,211	)		(94,894	)		1,738,478			49,677
Class R-5			6,561,360		180,483		1,065,226		39,511		(3,992,868	)		(115,763	)		3,633,718			104,231
Total net increase
(decrease)		$	24,141,641		679,080	$	4,878,317		181,460	$	(28,473,697	)		(847,857	)	$	546,261			12,683
(1)Includes exchanges between share classes of the fund.
(2)Class R-6 was offered beginning May 1, 2009.
(3)Class F-2 was offered beginning August 1, 2008.

7. Investment transactions

The fund made purchases and sales of investment securities, excluding short-term securities and U.S. government obligations, if any, of $14,516,259,000 and $9,687,229,000, respectively, during the six months ended September 30, 2009.

8. Subsequent events

As of November 9, 2009, the date the financial statements were available to be issued, no subsequent events or transactions had occurred that would have materially impacted the financial statements as presented.

Financial highlights(1)

				Income (loss) from investment operations(2)								Dividends and distributions
		Net asset value, beginning of period		Net investment income		Net gains (losses) on securities (both realized and unrealized)			Total from investment operations			Dividends (from net investment income)			Distributions (from capital gains)			Total dividends and distributions			Net asset value, end of period		Total return(3)(4)			Net assets, end of period (in millions)		Ratio of expenses to average net assets before reimbursements/ waivers			Ratio of expenses to average net assets after reimbursements/ waivers(4)			Ratio of net income to average net assets(4)
Class A:	Six months ended 9/30/2009(5)	$	25.78	$	.38	$	11.52		$	11.90		$	-		$	-		$	-		$	37.68		46.16	%	$	39,991		.87	%(6)		.87	%(6)		2.36	%(6)
	Year ended 3/31/2009		46.83		.88		(19.76	)		(18.88	)		(.78	)		(1.39	)		(2.17	)		25.78		(40.54	)		28,192		.83			.80			2.40
	Year ended 3/31/2008		47.92		.95		2.60			3.55			(1.01	)		(3.63	)		(4.64	)		46.83		6.40			57,445		.79			.74			1.87
	Year ended 3/31/2007		44.20		.71		6.49			7.20			(.77	)		(2.71	)		(3.48	)		47.92		16.63			57,407		.79			.75			1.54
	Year ended 3/31/2006		35.63		.62		9.99			10.61			(.72	)		(1.32	)		(2.04	)		44.20		30.25			50,209		.81			.76			1.58
	Year ended 3/31/2005		32.26		.43		3.45			3.88			(.51	)		-			(.51	)		35.63		12.08			37,515		.83			.82			1.31
Class B:	Six months ended 9/30/2009(5)		25.52		.27		11.38			11.65			-			-			-			37.17		45.65			1,002		1.61	(6)		1.61	(6)		1.67	(6)
	Year ended 3/31/2009		46.14		.62		(19.44	)		(18.82	)		(.41	)		(1.39	)		(1.80	)		25.52		(40.98	)		765		1.57			1.54			1.70
	Year ended 3/31/2008		47.31		.56		2.54			3.10			(.64	)		(3.63	)		(4.27	)		46.14		5.60			1,775		1.52			1.48			1.12
	Year ended 3/31/2007		43.71		.35		6.42			6.77			(.46	)		(2.71	)		(3.17	)		47.31		15.78			1,709		1.54			1.50			.78
	Year ended 3/31/2006		35.29		.32		9.88			10.20			(.46	)		(1.32	)		(1.78	)		43.71		29.32			1,394		1.55			1.51			.82
	Year ended 3/31/2005		32.00		.18		3.41			3.59			(.30	)		-			(.30	)		35.29		11.24			954		1.58			1.56			.55
Class C:	Six months ended 9/30/2009(5)		25.21		.25		11.24			11.49			-			-			-			36.70		45.58			2,782		1.66	(6)		1.66	(6)		1.57	(6)
	Year ended 3/31/2009		45.64		.58		(19.20	)		(18.62	)		(.42	)		(1.39	)		(1.81	)		25.21		(41.00	)		1,927		1.62			1.58			1.63
	Year ended 3/31/2008		46.85		.53		2.53			3.06			(.64	)		(3.63	)		(4.27	)		45.64		5.57			4,093		1.57			1.53			1.06
	Year ended 3/31/2007		43.35		.31		6.35			6.66			(.45	)		(2.71	)		(3.16	)		46.85		15.65			3,640		1.62			1.58			.69
	Year ended 3/31/2006		35.04		.27		9.82			10.09			(.46	)		(1.32	)		(1.78	)		43.35		29.21			2,697		1.64			1.60			.71
	Year ended 3/31/2005		31.81		.14		3.40			3.54			(.31	)		-			(.31	)		35.04		11.16			1,546		1.67			1.65			.44
Class F-1:	Six months ended 9/30/2009(5)		25.66		.38		11.47			11.85			-			-			-			37.51		46.18			7,738		.87	(6)		.87	(6)		2.34	(6)
	Year ended 3/31/2009		46.62		.87		(19.68	)		(18.81	)		(.76	)		(1.39	)		(2.15	)		25.66		(40.55	)		5,097		.84			.81			2.38
	Year ended 3/31/2008		47.73		.92		2.60			3.52			(1.00	)		(3.63	)		(4.63	)		46.62		6.38			10,328		.81			.77			1.81
	Year ended 3/31/2007		44.05		.69		6.47			7.16			(.77	)		(2.71	)		(3.48	)		47.73		16.59			8,639		.82			.78			1.50
	Year ended 3/31/2006		35.52		.59		9.97			10.56			(.71	)		(1.32	)		(2.03	)		44.05		30.22			6,686		.84			.80			1.50
	Year ended 3/31/2005		32.18		.40		3.45			3.85			(.51	)		-			(.51	)		35.52		12.01			3,901		.90			.89			1.20
Class F-2:	Six months ended 9/30/2009(5)		25.78		.33		11.62			11.95			-			-			-			37.73		46.35			2,895		.62	(6)		.62	(6)		2.02	(6)
	Period from 8/1/2008 to 3/31/2009		43.75		.29		(16.05	)		(15.76	)		(.82	)		(1.39	)		(2.21	)		25.78		(36.26	)		806		.63	(6)		.61	(6)		1.59	(6)
Class 529-A:	Six months ended 9/30/2009(5)		25.59		.37		11.43			11.80			-			-			-			37.39		46.11			752		.91	(6)		.91	(6)		2.29	(6)
	Year ended 3/31/2009		46.53		.82		(19.59	)		(18.77	)		(.78	)		(1.39	)		(2.17	)		25.59		(40.54	)		497		.87			.83			2.30
	Year ended 3/31/2008		47.66		.90		2.60			3.50			(1.00	)		(3.63	)		(4.63	)		46.53		6.34			789		.83			.79			1.78
	Year ended 3/31/2007		44.00		.67		6.48			7.15			(.78	)		(2.71	)		(3.49	)		47.66		16.59			601		.83			.79			1.45
	Year ended 3/31/2006		35.49		.58		9.97			10.55			(.72	)		(1.32	)		(2.04	)		44.00		30.21			387		.85			.80			1.47
	Year ended 3/31/2005		32.15		.39		3.46			3.85			(.51	)		-			(.51	)		35.49		12.04			197		.91			.89			1.18
Class 529-B:	Six months ended 9/30/2009(5)		25.20		.24		11.23			11.47			-			-			-			36.67		45.52			91		1.73	(6)		1.73	(6)		1.50	(6)
	Year ended 3/31/2009		45.71		.53		(19.20	)		(18.67	)		(.45	)		(1.39	)		(1.84	)		25.20		(41.03	)		63		1.69			1.65			1.49
	Year ended 3/31/2008		46.93		.48		2.53			3.01			(.60	)		(3.63	)		(4.23	)		45.71		5.47			107		1.66			1.61			.97
	Year ended 3/31/2007		43.42		.28		6.37			6.65			(.43	)		(2.71	)		(3.14	)		46.93		15.60			90		1.67			1.63			.63
	Year ended 3/31/2006		35.09		.25		9.82			10.07			(.42	)		(1.32	)		(1.74	)		43.42		29.10			64		1.71			1.67			.64
	Year ended 3/31/2005		31.86		.10		3.40			3.50			(.27	)		-			(.27	)		35.09		11.01			39		1.80			1.79			.30
Class 529-C:	Six months ended 9/30/2009(5)		25.14		.23		11.23			11.46			-			-			-			36.60		45.58			288		1.72	(6)		1.72	(6)		1.48	(6)
	Year ended 3/31/2009		45.63		.53		(19.17	)		(18.64	)		(.46	)		(1.39	)		(1.85	)		25.14		(41.05	)		191		1.68			1.65			1.49
	Year ended 3/31/2008		46.87		.48		2.53			3.01			(.62	)		(3.63	)		(4.25	)		45.63		5.47			317		1.65			1.61			.96
	Year ended 3/31/2007		43.38		.28		6.37			6.65			(.45	)		(2.71	)		(3.16	)		46.87		15.62			248		1.67			1.63			.62
	Year ended 3/31/2006		35.08		.24		9.83			10.07			(.45	)		(1.32	)		(1.77	)		43.38		29.11			164		1.70			1.66			.63
	Year ended 3/31/2005		31.86		.10		3.40			3.50			(.28	)		-			(.28	)		35.08		11.02			88		1.79			1.78			.31
Class 529-E:	Six months ended 9/30/2009(5)	$	25.41	$	.32	$	11.35		$	11.67		$	-		$	-		$	-		$	37.08		45.93	%	$	42		1.21	%(6)		1.21	%(6)		1.99	%(6)
	Year ended 3/31/2009		46.17		.71		(19.42	)		(18.71	)		(.66	)		(1.39	)		(2.05	)		25.41		(40.73	)		28		1.17			1.14			2.00
	Year ended 3/31/2008		47.34		.74		2.57			3.31			(.85	)		(3.63	)		(4.48	)		46.17		6.00			45		1.14			1.10			1.47
	Year ended 3/31/2007		43.75		.52		6.43			6.95			(.65	)		(2.71	)		(3.36	)		47.34		16.21			36		1.15			1.11			1.14
	Year ended 3/31/2006		35.33		.45		9.91			10.36			(.62	)		(1.32	)		(1.94	)		43.75		29.77			24		1.18			1.13			1.13
	Year ended 3/31/2005		32.04		.28		3.43			3.71			(.42	)		-			(.42	)		35.33		11.63			12		1.26			1.24			.84
Class 529-F-1:	Six months ended 9/30/2009(5)		25.57		.40		11.43			11.83			-			-			-			37.40		46.26			50		.71	(6)		.71	(6)		2.49	(6)
	Year ended 3/31/2009		46.54		.88		(19.60	)		(18.72	)		(.86	)		(1.39	)		(2.25	)		25.57		(40.44	)		33		.67			.64			2.48
	Year ended 3/31/2008		47.65		.99		2.62			3.61			(1.09	)		(3.63	)		(4.72	)		46.54		6.55			51		.64			.60			1.96
	Year ended 3/31/2007		43.98		.74		6.49			7.23			(.85	)		(2.71	)		(3.56	)		47.65		16.79			39		.65			.61			1.61
	Year ended 3/31/2006		35.45		.64		9.96			10.60			(.75	)		(1.32	)		(2.07	)		43.98		30.39			23		.70			.66			1.63
	Year ended 3/31/2005		32.13		.36		3.44			3.80			(.48	)		-			(.48	)		35.45		11.89			12		1.01			.99			1.09
Class R-1:	Six months ended 9/30/2009(5)		25.01		.24		11.17			11.41			-			-			-			36.42		45.62			229		1.65	(6)		1.65	(6)		1.52	(6)
	Year ended 3/31/2009		45.45		.54		(19.09	)		(18.55	)		(.50	)		(1.39	)		(1.89	)		25.01		(41.01	)		143		1.61			1.57			1.55
	Year ended 3/31/2008		46.71		.49		2.54			3.03			(.66	)		(3.63	)		(4.29	)		45.45		5.52			190		1.61			1.57			.99
	Year ended 3/31/2007		43.29		.28		6.38			6.66			(.53	)		(2.71	)		(3.24	)		46.71		15.68			136		1.62			1.58			.61
	Year ended 3/31/2006		35.04		.26		9.82			10.08			(.51	)		(1.32	)		(1.83	)		43.29		29.16			66		1.65			1.61			.66
	Year ended 3/31/2005		31.89		.11		3.43			3.54			(.39	)		-			(.39	)		35.04		11.18			29		1.72			1.68			.34
Class R-2:	Six months ended 9/30/2009(5)		25.13		.24		11.22			11.46			-			-			-			36.59		45.60			1,214		1.69	(6)		1.69	(6)		1.50	(6)
	Year ended 3/31/2009		45.62		.53		(19.17	)		(18.64	)		(.46	)		(1.39	)		(1.85	)		25.13		(41.05	)		784		1.68			1.64			1.51
	Year ended 3/31/2008		46.84		.50		2.54			3.04			(.63	)		(3.63	)		(4.26	)		45.62		5.51			1,296		1.61			1.57			1.01
	Year ended 3/31/2007		43.36		.30		6.35			6.65			(.46	)		(2.71	)		(3.17	)		46.84		15.66			1,093		1.67			1.59			.66
	Year ended 3/31/2006		35.07		.26		9.83			10.09			(.48	)		(1.32	)		(1.80	)		43.36		29.20			735		1.76			1.60			.68
	Year ended 3/31/2005		31.86		.14		3.41			3.55			(.34	)		-			(.34	)		35.07		11.17			375		1.90			1.64			.42
Class R-3:	Six months ended 9/30/2009(5)		25.35		.32		11.33			11.65			-			-			-			37.00		45.96			6,467		1.16	(6)		1.16	(6)		2.02	(6)
	Year ended 3/31/2009		46.04		.77		(19.41	)		(18.64	)		(.66	)		(1.39	)		(2.05	)		25.35		(40.70	)		4,139		1.11			1.08			2.14
	Year ended 3/31/2008		47.20		.78		2.54			3.32			(.85	)		(3.63	)		(4.48	)		46.04		6.05			7,639		1.11			1.07			1.55
	Year ended 3/31/2007		43.64		.52		6.41			6.93			(.66	)		(2.71	)		(3.37	)		47.20		16.20			6,918		1.15			1.10			1.14
	Year ended 3/31/2006		35.23		.46		9.89			10.35			(.62	)		(1.32	)		(1.94	)		43.64		29.85			4,336		1.15			1.11			1.18
	Year ended 3/31/2005		31.96		.30		3.42			3.72			(.45	)		-			(.45	)		35.23		11.68			2,321		1.18			1.16			.89
Class R-4:	Six months ended 9/30/2009(5)		25.37		.37		11.35			11.72			-			-			-			37.09		46.14			10,658		.87	(6)		.87	(6)		2.34	(6)
	Year ended 3/31/2009		46.17		.81		(19.43	)		(18.62	)		(.79	)		(1.39	)		(2.18	)		25.37		(40.53	)		7,290		.85			.82			2.29
	Year ended 3/31/2008		47.31		.88		2.60			3.48			(.99	)		(3.63	)		(4.62	)		46.17		6.32			10,970		.85			.81			1.75
	Year ended 3/31/2007		43.69		.64		6.45			7.09			(.76	)		(2.71	)		(3.47	)		47.31		16.61			8,627		.87			.82			1.41
	Year ended 3/31/2006		35.25		.57		9.91			10.48			(.72	)		(1.32	)		(2.04	)		43.69		30.20			5,352		.87			.83			1.45
	Year ended 3/31/2005		31.95		.39		3.44			3.83			(.53	)		-			(.53	)		35.25		12.04			2,668		.90			.88			1.17
Class R-5:	Six months ended 9/30/2009(5)		25.75		.45		11.50			11.95			-			-			-			37.70		46.41			16,427		.57	(6)		.57	(6)		2.77	(6)
	Year ended 3/31/2009		46.86		.93		(19.74	)		(18.81	)		(.91	)		(1.39	)		(2.30	)		25.75		(40.37	)		13,529		.54			.51			2.60
	Year ended 3/31/2008		47.94		1.05		2.63			3.68			(1.13	)		(3.63	)		(4.76	)		46.86		6.64			19,731		.55			.50			2.05
	Year ended 3/31/2007		44.22		.78		6.53			7.31			(.88	)		(2.71	)		(3.59	)		47.94		16.91			14,993		.57			.52			1.70
	Year ended 3/31/2006		35.64		.69		10.02			10.71			(.81	)		(1.32	)		(2.13	)		44.22		30.56			9,059		.58			.53			1.74
	Year ended 3/31/2005		32.26		.50		3.47			3.97			(.59	)		-			(.59	)		35.64		12.38			4,507		.59			.58			1.51
Class R-6:	Period from 5/1/2009 to 9/30/2009(5)		28.64		.24		8.85			9.09			-			-			-			37.73		31.74			4,338		.23			.23			.71

	Six months ended September 30,			Year ended March 31
	2009(5)			2009			2008			2007			2006			2005
Portfolio turnover rate for all classes of shares		13	%		41	%		38	%		27	%		35	%		30	%

(1)Based on operations for the periods shown (unless otherwise noted) and, accordingly, may not be representative of a full year.

(2)Based on average shares outstanding.

(3)Total returns exclude any applicable sales charges, including contingent deferred sales charges.

(4)This column reflects the impact, if any, of certain reimbursements/waivers from CRMC. During some of the periods shown, CRMC reduced fees for investment advisory services. In addition, during some of the periods shown, CRMC paid a portion of the fund's transfer agent fees for certain retirement plan share classes.

(5)Unaudited.

(6)Annualized.

See Notes to Financial Statements

Expense example

unaudited

As a shareholder of the fund, you incur two types of costs: (1) transaction costs, such as initial sales charges on purchase payments and contingent deferred sales charges on redemptions (loads), and (2) ongoing costs, including management fees, distribution and service (12b-1) fees, and other expenses. This example is intended to help you understand your ongoing costs (in dollars) of investing in the fund so you can compare these costs with the ongoing costs of investing in other mutual funds. The example is based on an investment of $1,000 invested at the beginning of the period and held for the entire period (April 1, 2009, through September 30, 2009).

Actual expenses:

The first line of each share class in the table on the next page provides information about actual account values and actual expenses. You may use the information in this line, together with the amount you invested, to estimate the expenses that you paid over the period. Simply divide your account value by $1,000 (for example, an $8,600 account value divided by $1,000 = 8.6), then multiply the result by the number in the first line under the heading entitled "Expenses paid during period" to estimate the expenses you paid on your account during this period.

Hypothetical example for comparison purposes:

The second line of each share class in the table on the next page provides information about hypothetical account values and hypothetical expenses based on the actual expense ratio for the share class and an assumed rate of return of 5.00% per year before expenses, which is not the actual return of the share class. The hypothetical account values and expenses may not be used to estimate the actual ending account balance or expenses you paid for the period. You may use this information to compare the ongoing costs of investing in the fund and other funds. To do so, compare this 5.00% hypothetical example with the 5.00% hypothetical examples that appear in the shareholder reports of the other funds.

Notes:

There are some account fees that are charged to certain types of accounts, such as individual retirement accounts and 529 college savings plan accounts (generally, a $10 fee is charged to set up the account and an additional $10 fee is charged to the account annually), that would increase the amount of expenses paid on your account. In addition, retirement plan participants may be subject to certain fees charged by the plan sponsor, and Class F-1, F-2 and 529-F-1shareholders may be subject to fees charged by financial intermediaries, typically ranging from 0.75% to 1.50% of assets annually depending on services offered. You can estimate the impact of these fees by adding the amount of the fees to the total estimated expenses you paid on your account during the period as calculated on the previous page. In addition, your ending account value would be lower by the amount of these fees.

Note that the expenses shown in the table are meant to highlight your ongoing costs only and do not reflect any transactional costs, such as sales charges (loads). Therefore, the second line of each share class in the table is useful in comparing ongoing costs only and will not help you determine the relative total costs of owning different funds. In addition, if these transactional costs were included, your costs would have been higher.

	Beginning account value 4/1/2009		Ending account value 9/30/2009		Expenses paid during period*		Annualized expense ratio
Class A -- actual return	$	1,000.00	$	1,461.61	$	5.37		.87	%
Class A -- assumed 5% return		1,000.00		1,020.71		4.41		.87
Class B -- actual return		1,000.00		1,456.51		9.91		1.61
Class B -- assumed 5% return		1,000.00		1,017.00		8.14		1.61
Class C -- actual return		1,000.00		1,455.78		10.22		1.66
Class C -- assumed 5% return		1,000.00		1,016.75		8.39		1.66
Class F-1 -- actual return		1,000.00		1,461.80		5.37		.87
Class F-1 -- assumed 5% return		1,000.00		1,020.71		4.41		.87
Class F-2 -- actual return		1,000.00		1,463.55		3.83		.62
Class F-2 -- assumed 5% return		1,000.00		1,021.96		3.14		.62
Class 529-A -- actual return		1,000.00		1,461.13		5.61		.91
Class 529-A -- assumed 5% return		1,000.00		1,020.51		4.61		.91
Class 529-B -- actual return		1,000.00		1,455.18		10.65		1.73
Class 529-B -- assumed 5% return		1,000.00		1,016.39		8.74		1.73
Class 529-C -- actual return		1,000.00		1,455.84		10.59		1.72
Class 529-C -- assumed 5% return		1,000.00		1,016.44		8.69		1.72
Class 529-E -- actual return		1,000.00		1,459.28		7.46		1.21
Class 529-E -- assumed 5% return		1,000.00		1,019.00		6.12		1.21
Class 529-F-1 -- actual return		1,000.00		1,462.64		4.38		.71
Class 529-F-1 -- assumed 5% return		1,000.00		1,021.51		3.60		.71
Class R-1 -- actual return		1,000.00		1,456.22		10.16		1.65
Class R-1 -- assumed 5% return		1,000.00		1,016.80		8.34		1.65
Class R-2 -- actual return		1,000.00		1,456.03		10.41		1.69
Class R-2 -- assumed 5% return		1,000.00		1,016.60		8.54		1.69
Class R-3 -- actual return		1,000.00		1,459.58		7.15		1.16
Class R-3 -- assumed 5% return		1,000.00		1,019.25		5.87		1.16
Class R-4 -- actual return		1,000.00		1,461.38		5.37		.87
Class R-4 -- assumed 5% return		1,000.00		1,020.71		4.41		.87
Class R-5 -- actual return		1,000.00		1,464.08		3.52		.57
Class R-5 -- assumed 5% return		1,000.00		1,022.21		2.89		.57
Class R-6 -- actual return †		1,000.00		1,317.38		2.65		.55
Class R-6 -- assumed 5% return †		1,000.00		1,022.31		2.79		.55

*The “expenses paid during period” are equal to the “annualized expense ratio,” multiplied by the average account value over the period, multiplied by the number of days in the period, and divided by 365 (to reflect the one-half year period).

† The period for the “annualized expense ratio” and “actual return” line is based on the number of days from May 1, 2009 (the initial sale of the share class), through September 30, 2009, and accordingly, is not representative of a full period. The “assumed 5% return” line is based on 183 days.

Other share class results

unaudited

Classes B, C, F and 529

Fund results shown are for past periods and are not predictive of results for future periods. Current and future results may be lower or higher than those shown. Share prices and returns will vary, so investors may lose money. For current information and month-end results, visit americanfunds.com.

Average annual total returns for periods ended September 30, 2009:
	1 year			5 years			Life of class
Class B shares1 — first sold 3/15/00
Reflecting applicable contingent deferred sales charge
(CDSC), maximum of 5%, payable only if shares are
sold within six years of purchase		2.77	%		8.71	%		2.78	%
Not reflecting CDSC		7.77			9.00			2.78
Class C shares — first sold 3/15/01
Reflecting CDSC, maximum of 1%, payable only
if shares are sold within one year of purchase		6.73			8.92			6.45
Not reflecting CDSC		7.73			8.92			6.45
Class F-1 shares2 — first sold 3/15/01
Not reflecting annual asset-based fee charged
by sponsoring firm		8.58			9.78			7.30
Class F-2 shares2 — first sold 8/1/08
Not reflecting annual asset-based fee charged
by sponsoring firm		8.84			—			–5.79
Class 529-A shares3 — first sold 2/15/02
Reflecting 5.75% maximum sales charge		2.30			8.47			8.58
Not reflecting maximum sales charge		8.54			9.76			9.42
Class 529-B shares1,3 — first sold 2/19/02
Reflecting applicable CDSC, maximum of 5%, payable
only if shares are sold within six years of purchase		2.67			8.55			8.77
Not reflecting CDSC		7.67			8.84			8.77
Class 529-C shares3 — first sold 2/15/02
Reflecting CDSC, maximum of 1%, payable only
if shares are sold within one year of purchase		6.68			8.85			8.50
Not reflecting CDSC		7.68			8.85			8.50
Class 529-E shares2,3 — first sold 3/7/02		8.21			9.41			8.40
Class 529-F-1 shares2,3 — first sold 9/16/02
Not reflecting annual asset-based fee charged
by sponsoring firm		8.75			9.92			12.51

1These shares are not available for purchase.

2These shares are sold without any initial or contingent deferred sales charge.

3Results shown do not reflect the $10 account setup fee and an annual $10 account maintenance fee.

Investment results assume all distributions are reinvested and reflect applicable fees and expenses. The fund’s investment adviser waived a portion of its management fees from September 1, 2004, through December 31, 2008. Fund results shown reflect the waiver, without which they would have been lower. See the Financial Highlights table on pages 26 to 31 for details.

For information regarding the differences among the various share classes, refer to the fund’s prospectus.

Offices of the fund and of the investment adviser

Capital Research and Management Company

333 South Hope Street

Los Angeles, CA 90071-1406

6455 Irvine Center Drive

Irvine, CA 92618

Transfer agent for shareholder accounts

American Funds Service Company

(Write to the address near you.)

P.O. Box 6007

Indianapolis, IN 46206-6007

P.O. Box 2280

Norfolk, VA 23501-2280

Custodian of assets

JPMorgan Chase Bank

270 Park Avenue

New York, NY 10017-2070

Counsel

K&L Gates LLP

55 Second Street, Suite 1700

San Francisco, CA 94105

Independent registered public accounting firm

Deloitte & Touche LLP

695 Town Center Drive

Suite 1200

Costa Mesa, CA 92626-7188

Principal underwriter

American Funds Distributors, Inc.

333 South Hope Street

Los Angeles, CA 90071-1406

Investors should carefully consider the investment objectives, risks, charges and expenses of the American Funds. This and other important information is contained in the fund’s prospectus, which can be obtained from your financial professional and should be read carefully before investing. You may also call American Funds Service Company (AFS) at 800/421-0180 or visit the American Funds website at americanfunds.com.

“American Funds Proxy Voting Procedures and Principles” — which describes how we vote proxies relating to portfolio securities — is available on the American Funds website or upon request by calling AFS. The fund files its proxy voting record with the U.S. Securities and Exchange Commission (SEC) for the 12 months ended June 30 by August 31. The proxy voting record is available free of charge on the SEC website at sec.gov and on the American Funds website.

A complete September 30, 2009, portfolio of EuroPacific Growth Fund’s investments is available free of charge by calling AFS or visiting the SEC website (where it is part of Form N-CSR).

EuroPacific Growth Fund files a complete list of its portfolio holdings with the SEC for the first and third quarters of each fiscal year on Form N-Q. This filing is available free of charge on the SEC website. You may also review or, for a fee, copy this filing at the SEC’s Public Reference Room in Washington, D.C. Additional information regarding the operation of the Public Reference Room may be obtained by calling the SEC’s Office of Investor Education and Advocacy at 800/SEC-0330. Additionally, the list of portfolio holdings is available by calling AFS.

This report is for the information of shareholders of EuroPacific Growth Fund, but it also may be used as sales literature when preceded or accompanied by the current prospectus, which gives details about charges, expenses, investment objectives and operating policies of the fund. If used as sales material after December 31, 2009, this report must be accompanied by an American Funds statistical update for the most recently completed calendar quarter.

[logo - American Funds®]

The right choice for the long term®

What makes American Funds different?

For nearly 80 years, we have followed a consistent philosophy to benefit our investors. Our carefully conceived, broadly diversified funds, in addition to the target date retirement series, offer opportunities that have attracted over 50 million shareholder accounts.

Our unique combination of strengths includes these five factors:

•A long-term, value-oriented approach

We seek to buy securities at reasonable prices relative to their prospects and hold them for the long term.

•An extensive global research effort

Our investment professionals travel the world to find the best investment opportunities and gain a comprehensive understanding of companies and markets.

•The multiple portfolio counselor system

Our unique approach to portfolio management, developed 50 years ago, blends teamwork with individual accountability and has provided American Funds with a sustainable method of achieving fund objectives.

•Experienced investment professionals

American Funds portfolio counselors have an average of 25 years of investment experience, providing a depth of knowledge and broad perspective that few organizations have.

•A commitment to low management fees

The American Funds provide exceptional value for shareholders, with management fees that are among the lowest in the mutual fund industry.

American Funds span a range of investment objectives

•  Growth funds

   AMCAP Fund®

> EuroPacific Growth Fund®

The Growth Fund of America®

The New Economy Fund®

New Perspective Fund®

New World Fund®

SMALLCAP World Fund®

•  Growth-and-income funds

American Mutual Fund®

Capital World Growth and Income FundSM

Fundamental InvestorsSM

International Growth and Income FundSM

The Investment Company of America®

Washington Mutual Investors FundSM

•  Equity-income funds

Capital Income Builder®

The Income Fund of America®

•  Balanced fund

American Balanced Fund®

•  Bond funds

American High-Income TrustSM

The Bond Fund of AmericaSM

Capital World Bond Fund®

Intermediate Bond Fund of America®

Short-Term Bond Fund of AmericaSM

U.S. Government Securities FundSM

•  Tax-exempt bond funds

American Funds Short-Term Tax-Exempt Bond FundSM

American High-Income Municipal Bond Fund®

Limited Term Tax-Exempt Bond Fund of AmericaSM

The Tax-Exempt Bond Fund of America®

State-specific tax-exempt funds

The Tax-Exempt Fund of California®

The Tax-Exempt Fund of Maryland®

The Tax-Exempt Fund of Virginia®

•  Money market fund

American Funds Money Market Fund SM

•  American Funds Target Date Retirement Series®

The Capital Group Companies

American FundsCapital Research and ManagementCapital InternationalCapital GuardianCapital Bank and Trust

Lit. No. MFGESR-916-1109P

Litho in USA BG/AC/8082-S20695

Printed on paper containing 10% post-consumer waste

Printed with inks containing soy and/or vegetable oil

ITEM 2 – Code of Ethics

Not applicable for filing of semi-annual reports to shareholders.

ITEM 3 – Audit Committee Financial Expert

Not applicable for filing of semi-annual reports to shareholders.

ITEM 4 – Principal Accountant Fees and Services

Not applicable for filing of semi-annual reports to shareholders.

ITEM 5 – Audit Committee of Listed Registrants

Not applicable to this Registrant, insofar as the Registrant is not a listed issuer as defined in Rule 10A-3 under the Securities Exchange Act of 1934.

ITEM 6 – Schedule of Investments

[logo – American Funds®]

EuroPacific Growth Fund®

Investment portfolio

September 30, 2009

unaudited

Common stocks — 93.63%	Shares			Value (000)
FINANCIALS — 19.58%
Banco Santander, SA		107,686,453		$	1,734,064
UBS AG1		58,196,671			1,065,834
Prudential PLC		108,287,024			1,041,438
AXA SA		32,235,604			873,009
Housing Development Finance Corp. Ltd.		12,629,346			738,269
Industrial and Commercial Bank of China Ltd., Class H		961,504,000			724,587
UniCredit SpA1		180,918,348			707,140
Deutsche Bank AG		8,868,504			680,873
Société Générale		8,306,094			668,761
Banco Bradesco SA, preferred nominative		32,412,550			646,490
Itaú Unibanco Holding SA, preferred nominative		17,739,630			358,346
Itaú Unibanco Holding SA, preferred nominative (ADR)		11,638,203			234,510
Bank of China Ltd., Class H		1,102,582,000			580,494
DLF Ltd.		53,500,000		��	491,052
BNP Paribas SA		5,857,123			468,154
Fairfax Financial Holdings Ltd.		674,114			249,914
Fairfax Financial Holdings Ltd. (CAD denominated)		500,000			185,977
Royal Bank of Scotland Group PLC1		494,096,205			418,311
HSBC Holdings PLC (Hong Kong)		25,858,493			299,978
HSBC Holdings PLC (United Kingdom)		5,670,000			64,911
Credit Suisse Group AG		6,240,871			346,447
Erste Bank der oesterreichischen Sparkassen AG		7,587,515			339,219
China Life Insurance Co. Ltd., Class H		74,886,000			326,137
QBE Insurance Group Ltd.		15,215,601			323,035
Türkiye Garanti Bankasi AS		80,820,000			305,146
Ping An Insurance (Group) Co. of China, Ltd., Class H		36,038,500			286,001
Australia and New Zealand Banking Group Ltd.		13,100,000			281,935
PT Bank Central Asia Tbk2		550,000,000			263,875
Barclays PLC1		37,656,707			222,774
Barclays PLC1,4		6,192,900			36,637
HDFC Bank Ltd.		6,786,258			234,718
State Bank of India		4,906,336			225,674
Sampo Oyj, Class A		8,602,515			216,729
Banco do Brasil SA, ordinary nominative		12,030,500			212,591
DnB NOR ASA1		17,595,000			204,011
Sun Hung Kai Properties Ltd.		13,714,000			202,095
Bank of Nova Scotia		4,200,000			191,952
Sberbank (Savings Bank of the Russian Federation) (GDR)2		825,935			183,660
China Construction Bank Corp., Class H		219,800,000			175,568
Lloyds Banking Group PLC1		93,075,544			154,325
Ayala Land, Inc.		631,283,600			152,676
TrygVesta A/S		1,991,000			152,349
ING Groep NV, depository receipts1		8,000,000			142,877
Swire Pacific Ltd., Class A		10,270,000			120,730
PartnerRe Holdings Ltd.		1,395,000			107,331
Macquarie Group Ltd.		1,996,000			103,545
Topdanmark A/S1		673,550			101,886
Sumitomo Mitsui Financial Group, Inc.		2,570,000			89,688
National Bank of Greece SA1		2,406,362			86,305
Samsung Fire & Marine Insurance Co., Ltd.		400,000			82,043
Skandinaviska Enskilda Banken AB, Class A1		11,265,430			76,064
Allianz SE		585,000			73,109
Swedbank AB, Class A1		6,865,000			65,584
Shinhan Financial Group Co., Ltd.1		1,562,620			62,505
Hang Lung Properties Ltd.		16,885,000			62,206
Unibail-Rodamco SE, non-registered shares		290,000			60,262
Daito Trust Construction Co., Ltd.		1,315,000			57,474
Kerry Properties Ltd.		4,420,730			23,645
Hana Financial Holdings		159,370			5,507
Grupo Financiero Banorte, SAB de CV, Series O		800,000			2,678
					18,593,105
HEALTH CARE — 11.45%
Bayer AG		34,925,925			2,420,914
Roche Holding AG		10,896,868			1,762,141
Novartis AG		33,877,325			1,695,829
Novo Nordisk A/S, Class B		22,139,400			1,387,060
Teva Pharmaceutical Industries Ltd. (ADR)		23,429,100			1,184,575
CSL Ltd.		18,545,000			547,543
UCB SA3		10,179,479			429,766
Smith & Nephew PLC		38,030,000			340,819
Merck KGaA		2,913,558			289,817
Shionogi & Co., Ltd.		9,250,000			219,158
Richter Gedeon NYRT		849,000			176,028
Terumo Corp.		2,800,000			154,220
Lonza Group Ltd.		1,047,012			114,223
Essilor International		1,707,000			97,319
Nobel Biocare Holding AG		1,201,965			39,802
AstraZeneca PLC (Sweden)		304,630			13,720
					10,872,934
TELECOMMUNICATION SERVICES — 9.53%
América Móvil, SAB de CV, Series L (ADR)		47,128,000			2,065,620
América Móvil, SAB de CV, Series L		31,090,000			68,053
Telefónica, SA		57,330,000			1,582,413
Koninklijke KPN NV		52,946,400			878,556
SOFTBANK CORP.		25,438,900			559,605
MTN Group Ltd.2		32,238,200			525,403
Bharti Airtel Ltd.		37,560,000			329,595
China Mobile Ltd.		32,000,000			312,175
OJSC Mobile TeleSystems (ADR)		4,789,800			231,204
Telekom Austria AG, non-registered shares		12,351,203			222,757
Vodafone Group PLC		94,944,919			212,834
China Telecom Corp. Ltd., Class H		423,626,000			200,074
NTT DoCoMo, Inc.		114,506			183,077
Iliad SA		1,611,000			181,592
China Unicom (Hong Kong) Ltd.		122,340,000			173,339
Teléfonos de México, SAB de CV, Class L (ADR)		9,701,700			169,198
Portugal Telecom, SGPS, SA		15,795,000			167,290
Singapore Telecommunications Ltd.		69,650,824			160,816
France Télécom SA		5,960,099			158,838
Philippine Long Distance Telephone Co.		3,040,460			154,101
Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk, Class B2		157,269,200			141,118
Telmex Internacional, SAB de CV, Class L (ADR)		9,987,400			139,324
KDDI Corp.		19,600			110,576
Orascom Telecom Holding SAE (GDR)		2,151,450			66,889
Telekomunikacja Polska SA		10,001,227			54,992
					9,049,439
CONSUMER STAPLES — 9.24%
Anheuser-Busch InBev NV		41,213,464			1,882,672
Nestlé SA		23,852,000			1,016,899
Pernod Ricard SA		10,715,737			851,321
Tesco PLC		120,067,773			767,137
British American Tobacco PLC		21,144,999			663,666
Danone SA		10,881,168			655,954
L’Oréal SA		5,125,800			509,874
METRO AG		5,634,069			318,774
Unilever NV, depository receipts		10,601,000			305,643
Koninklijke Ahold NV		24,513,000			294,971
SABMiller PLC		10,533,000			254,134
Shoppers Drug Mart Corp.		6,110,100			251,078
Beiersdorf AG		3,887,000			228,347
Wal-Mart de México, SAB de CV, Series V		64,835,718			225,436
Woolworths Ltd.		6,090,626			157,200
Diageo PLC		8,362,000			128,352
Heineken NV		2,331,001			107,506
Coca-Cola Hellenic Bottling Co. SA		3,000,000			79,885
Unilever PLC		2,526,750			71,832
					8,770,681
CONSUMER DISCRETIONARY — 8.89%
Daimler AG		16,398,778			825,932
Daimler AG (New York registered)		250,000			12,578
Honda Motor Co., Ltd.		25,418,250			783,604
Industria de Diseño Textil, SA		12,714,674			729,816
Toyota Motor Corp.		17,223,300			685,552
adidas AG3		11,373,000			602,192
British Sky Broadcasting Group PLC		64,377,805			588,266
Cie. Générale des Établissements Michelin, Class B		5,532,894			434,220
H & M Hennes & Mauritz AB, Class B		5,831,000			327,951
Fiat SpA1		24,595,000			316,481
Peugeot SA1		9,361,900			285,541
Swatch Group Ltd, non-registered shares		973,900			229,513
Swatch Group Ltd		853,360			38,804
Yamada Denki Co., Ltd.		3,442,150			233,340
OPAP SA		8,701,490			224,446
Renault SA1		4,677,765			218,205
Mediaset SpA		27,444,198			192,039
Porsche Automobil Holding SE, nonvoting preferred		2,310,403			181,793
Marks and Spencer Group PLC		26,751,800			154,883
Nikon Corp.		8,220,000			150,488
Belle International Holdings Ltd.		124,891,000			128,283
Hyundai Motor Co.		1,344,390			127,574
Esprit Holdings Ltd.		18,517,000			124,251
Crown Ltd.		12,550,000			98,892
Suzuki Motor Corp.		3,946,333			92,179
PPR SA		715,000			91,680
Carnival PLC		2,500,000			85,221
JCDecaux SA1		3,528,700			76,452
Grupo Televisa, SAB de CV, ordinary participation certificates (ADR)		4,000,000			74,360
Techtronic Industries Co. Ltd.3		86,710,000			71,946
GEOX SpA		6,352,000			55,002
News Corp., Class A		4,152,946			49,794
Vivendi SA		1,305,000			40,395
Carphone Warehouse Group PLC		12,230,000			37,388
Kingfisher PLC		9,259,650			31,520
Li & Fung Ltd.		5,650,000			22,784
DSG international PLC1		43,448,571			18,583
					8,441,948
ENERGY — 7.84%
OAO Gazprom (ADR)		62,015,000			1,441,849
Petróleo Brasileiro SA – Petrobras, ordinary nominative (ADR)		21,256,340			975,666
Petróleo Brasileiro SA – Petrobras, preferred nominative (ADR)		6,700,860			263,411
Reliance Industries Ltd.1		14,650,000			675,905
Royal Dutch Shell PLC, Class B		10,430,000			289,504
Royal Dutch Shell PLC, Class A		3,195,000			91,438
Royal Dutch Shell PLC, Class B (ADR)		1,292,999			72,111
Royal Dutch Shell PLC, Class A (ADR)		1,000,000			57,190
TOTAL SA		7,860,100			467,217
Canadian Natural Resources, Ltd.		5,611,300			379,404
Saipem SpA, Class S		12,466,566			375,581
Suncor Energy Inc.		10,444,000			365,291
BP PLC		40,941,863			362,005
Eni SpA		12,857,000			321,469
China National Offshore Oil Corp.		215,288,100			289,477
JSC KazMunaiGas Exploration Production (GDR)		8,300,000			185,754
Sasol Ltd.		3,518,000			132,553
StatoilHydro ASA		4,828,320			108,704
OAO LUKOIL (ADR)		1,789,000			96,964
OGX Petróleo e Gás Participações SA, ordinary nominative		123,200			94,458
Nexen Inc.		4,038,877			91,935
Woodside Petroleum Ltd.		1,945,813			89,506
Cairn India Ltd.1		12,812,190			70,303
Acergy SA		4,650,000			58,631
PetroChina Co. Ltd., Class H		46,600,000			52,676
Tenaris SA (ADR)		1,170,000			41,675
					7,450,677
MATERIALS — 7.74%
Xstrata PLC1		52,410,053			773,041
Linde AG		7,005,200			759,684
Impala Platinum Holdings Ltd.		27,872,707			650,797
Holcim Ltd1		7,314,544			502,089
ArcelorMittal		12,908,136			482,799
Syngenta AG		1,974,315			453,837
POSCO		1,011,890			419,396
Shin-Etsu Chemical Co., Ltd.		5,090,000			313,266
CRH PLC		10,363,817			286,819
Rio Tinto PLC		6,669,106			284,548
Akzo Nobel NV		3,607,000			223,541
Potash Corp. of Saskatchewan Inc.		2,350,000			212,299
First Quantum Minerals Ltd.		3,142,129			205,694
Anglo American PLC1		4,500,000			143,397
Anglo American PLC (ZAR denominated)1		1,615,000			51,430
BASF SE		3,610,000			191,358
Vale SA, ordinary nominative (ADR)		8,000,000			185,040
BHP Billiton Ltd.		5,435,000			180,947
Rio Tinto Ltd.		3,259,750			170,398
BHP Billiton PLC		6,000,000			163,855
L’Air Liquide SA, non-registered shares		1,186,000			134,989
Israel Chemicals Ltd.		8,820,000			101,021
Nitto Denko Corp.		2,971,400			91,107
Kumba Iron Ore Ltd.		2,725,992			90,200
Titan Cement Co. SA		2,283,000			78,873
CEMEX, SAB de CV, ordinary participation certificates, units (ADR)1		4,719,526			60,976
Barrick Gold Corp.		1,050,000			39,795
Sterlite Industries (India) Ltd. (ADS)		2,167,019			34,607
Givaudan SA		45,332			34,006
Koninklijke DSM NV		515,979			21,565
Rhodia SA1		945,833			14,379
					7,355,753
INFORMATION TECHNOLOGY — 7.64%
SAP AG		24,000,795			1,169,285
SAP AG (ADR)		4,812,500			235,187
Samsung Electronics Co. Ltd.		1,844,259			1,279,210
Samsung Electronics Co. Ltd., nonvoting preferred		48,800			20,475
Taiwan Semiconductor Manufacturing Co. Ltd.		346,983,677			699,826
Taiwan Semiconductor Manufacturing Co. Ltd. (ADR)		5,822,723			63,817
Canon, Inc.		15,305,300			619,448
HOYA CORP.3		23,734,700			561,016
Murata Manufacturing Co., Ltd.		8,893,400			422,409
Hirose Electric Co., Ltd.3		2,402,500			271,082
MediaTek Inc.		16,027,986			268,637
HTC Corp.		22,870,155			252,444
Nokia Corp.		12,242,400			180,113
Nokia Corp. (ADR)		1,268,300			18,543
Hon Hai Precision Industry Co., Ltd.		42,139,743			169,982
Konica Minolta Holdings, Inc.		14,585,000			138,386
Delta Electronics, Inc.		36,386,563			104,108
ASML Holding NV		3,440,222			101,226
Redecard SA, ordinary nominative		6,510,000			100,378
Ibiden Co., Ltd.		2,695,200			100,368
Autonomy Corp. PLC1		3,825,000			99,626
Acer Inc.		36,297,830			93,071
STMicroelectronics NV		7,500,000			70,695
Tencent Holdings Ltd.		3,940,400			64,118
Nippon Electric Glass Co., Ltd.		6,750,000			61,637
Rohm Co., Ltd.		850,000			59,516
Keyence Corp.		145,000			31,008
					7,255,611
INDUSTRIALS — 6.30%
Siemens AG		9,473,900			877,620
Ryanair Holdings PLC (ADR)1		19,373,900			562,618
Schneider Electric SA		4,384,626			444,556
Alstom SA		6,037,000			440,729
AB Volvo, Class B		38,627,771			357,927
Orkla AS		31,283,900			295,228
Capita Group PLC		25,069,005			289,598
BAE Systems PLC		47,590,000			265,712
FANUC LTD		2,795,000			250,861
Qantas Airways Ltd.		87,259,300			220,213
Vestas Wind Systems A/S1		2,626,668			190,011
Geberit AG		1,187,000			182,439
G4S PLC		46,340,177			163,450
Scania AB, Class B		12,546,800			155,914
Scania AB, Class A		449,780			5,589
Sandvik AB		14,394,000			159,223
Vallourec SA		937,000			158,840
ABB Ltd1		7,722,100			155,068
Wolseley PLC1		6,057,291			145,953
Komatsu Ltd.		7,500,000			140,651
SMC Corp.		781,300			96,171
Deutsche Lufthansa AG		5,000,000			88,639
Air France1		4,810,000			87,454
VINCI SA		1,240,833			70,224
Finmeccanica SpA		3,023,000			53,459
Mitsubishi Corp.		2,500,000			50,619
SembCorp Industries Ltd		15,448,000			37,204
Metso Oyj		1,250,000			35,189
					5,981,159
UTILITIES — 3.62%
GDF Suez		18,018,103			800,401
E.ON AG		9,967,000			422,838
RWE AG		3,600,000			334,489
Hongkong Electric Holdings Ltd.		43,010,000			235,876
Hong Kong and China Gas Co. Ltd.		89,197,250			225,367
Fortum Oyj		8,308,112			213,083
Veolia Environnement		5,226,164			200,369
SUEZ Environnement Co.		8,255,425			188,649
Electricité de France SA		3,018,000			179,108
China Resources Power Holdings Co. Ltd.		71,978,000			167,371
Gas Natural SDG, SA		7,033,125			155,466
Red Eléctrica de Corporación, SA		2,917,000			149,329
Public Power Corp. SA1		5,547,068			123,511
Cheung Kong Infrastructure Holdings Ltd.		10,689,000			38,207
					3,434,064
MISCELLANEOUS — 1.80%
Other common stocks in initial period of acquisition					1,705,870
Total common stocks (cost: $70,932,095,000)					88,911,241
				Value
Preferred stocks — 0.16%	Shares				(000	)
FINANCIALS — 0.16%
SMFG Preferred Capital USD 3 Ltd. 9.50%4,5		117,850,000		$	131,542
Woori Bank 6.208%4,5		18,630,000			14,574
Shinsei Finance II (Cayman) Ltd. 7.16% noncumulative4,5		10,515,000			5,471
					151,587
Total preferred stocks (cost: $133,749,000)					151,587
Rights — 0.03%
MISCELLANEOUS — 0.03%
Other rights in initial period of acquisition					31,058
Total rights (cost: $23,702,000)					31,058
	Principal amount
Bonds & notes — 0.43%		(000	)
BONDS & NOTES OF GOVERNMENTS OUTSIDE THE U.S. — 0.12%
Brazilian Treasury Bill 0% 2010	BRL131,500				72,940
Brazil (Federal Republic of) 10.00% 20122		50,000			27,448
Brazil (Federal Republic of) Global 11.00% 2040	$	10,500			14,175
					114,563
CONSUMER DISCRETIONARY — 0.11%
DaimlerChrysler North America Holding Corp. 4.875% 2010		4,250			4,333
DaimlerChrysler North America Holding Corp., Series E, 5.75% 2011		11,620			12,211
DaimlerChrysler North America Holding Corp. 7.75% 2011		8,080			8,567
DaimlerChrysler North America Holding Corp. 7.30% 2012		17,648			19,049
DaimlerChrysler North America Holding Corp. 6.50% 2013		52,910			57,054
					101,214
ENERGY — 0.08%
Gaz Capital SA 7.343% 2013		1,900			2,026
Gaz Capital SA 8.146% 2018		35,280			37,442
Gazprom International SA 7.201% 20206		21,159			22,111
Open Joint Stock Co. Gazprom, Series 2, 8.625% 2034		5,875			6,448
Gaz Capital SA 7.288% 2037		6,300			5,922
					73,949
CONSUMER STAPLES — 0.07%
British American Tobacco International Finance PLC 9.50% 20184		54,775			71,160
FINANCIALS — 0.05%
Westfield Group 7.125% 20184		42,735			44,620
Total bonds & notes (cost: $306,771,000)					405,506
	Principal amount			Value
Short-term securities — 5.75%		(000	)		(000	)
Freddie Mac 0.19%–1.00% due 10/6/2009–5/17/2010	$	1,334,561		$	1,333,925
Federal Home Loan Bank 0.18%–0.75% due 10/7/2009–1/8/2010		466,055			465,989
Fannie Mae 0.15%–0.70% due 11/4/2009–3/17/2010		427,096			426,833
U.S. Treasury Bills 0.17%–0.44% due 10/1/2009–1/21/2010		361,200			361,162
International Bank for Reconstruction and Development 0.18%–0.24% due 11/23/2009–2/4/2010		257,100			257,032
Caisse d’Amortissement de la Dette Sociale 0.22%–0.35% due 1/15–3/19/2010		233,400			233,068
KfW 0.17%–0.235% due 10/20/2009–1/22/20104		212,200			212,110
Canada Bills 0.22%–0.40% due 10/6/2009–4/8/2010		179,657			179,450
Nestlé Capital Corp. 0.21%–0.24% due 1/25–2/11/20104		157,000			156,840
BNP Paribas Finance Inc. 0.18%–0.28% due 10/9–12/16/2009		133,250			133,218
Province of Ontario 0.14%–0.20% due 10/30–12/17/2009		131,600			131,540
Denmark (Kingdom of) 0.19%–0.25% due 10/6–12/16/2009		110,000			109,961
BNZ International Funding Ltd. 0.23% due 10/28/20094		33,800			33,794
National Australia Funding (Delaware) Inc. 0.215%–0.295% due 11/3/2009–1/4/20104		69,700			69,665
Coca-Cola Co. 0.20%–0.23% due 12/1/2009–1/13/20104		101,870			101,812
ANZ National (International) Ltd. 0.22%–0.30% due 11/9/2009–1/22/20104		100,000			99,935
Québec (Province of) 0.19%–0.20% due 12/15–12/17/20094		99,000			98,946
Procter & Gamble International Funding S.C.A. 0.21%–0.23% due 2/8–2/16/20104		96,971			96,857
Westpac Banking Corp. 0.27%–0.32% due 10/1–11/23/20094		95,130			95,106
Rabobank USA Financial Corp. 0.15%–0.24% due 10/1–12/10/2009		91,200			91,171
CBA (Delaware) Finance Inc. 0.245% due 12/3/2009		90,000			89,962
Export Development Canada 0.21%–0.25% due 11/19/2009–3/17/2010		88,200			88,088
Société Générale North America, Inc. 0.32% due 10/22/2009		50,000			49,991
Barton Capital LLC 0.26% due 10/13/20094		37,400			37,395
ING (U.S.) Funding LLC 0.175%–0.29% due 10/2–11/17/2009		77,100			77,083
Jupiter Securitization Co., LLC 0.19%–0.25% due 10/6–10/15/20094		75,000			74,995
Private Export Funding Corp. 0.18%–0.22% due 11/24/2009–1/20/20104		60,000			59,972
Bank of Nova Scotia 0.18%–0.23% due 11/30–12/17/2009		59,000			58,970
Toronto-Dominion Holdings USA Inc. 0.23% due 12/16/20094		50,000			49,969
Calyon North America Inc. 0.19%–0.24% due 10/30–11/2/2009		41,900			41,892
Enterprise Funding Co. LLC 0.30% due 11/17/20094		40,800			40,772
Thunder Bay Funding, LLC 0.125%–0.32% due 10/1–10/16/20094		34,101			34,095
GlaxoSmithKline Finance PLC 0.15% due 10/21/20094		25,000			24,998
Novartis Finance Corp. 0.23% due 3/1/20104		25,000			24,956
Yale University 0.28% due 10/19/2009		20,000			19,997
Total short-term securities (cost: $5,461,003,000)					5,461,549
Total investment securities (cost: $76,857,320,000)					94,960,941
Other assets less liabilities					3,035
Net assets				$	94,963,976

“Miscellaneous” securities include holdings in their initial period of acquisition that have not previously been publicly disclosed.

1Security did not produce income during the last 12 months.

2Valued under fair value procedures adopted by authority of the board of trustees. The total value of all such securities, including those in “Miscellaneous,” was $1,157,309,000, which represented 1.22% of the net assets of the fund.

3Represents an affiliated company as defined under the Investment Company Act of 1940.

4Purchased in a transaction exempt from registration under the Securities Act of 1933. May be resold in the U.S. in transactions exempt from registration, normally to qualified institutional buyers. The total value of all such securities was $1,616,221,000, which represented 1.70% of the net assets of the fund.

5Coupon rate may change periodically.

6Principal payments may be made periodically. Therefore, the effective maturity date may be earlier than the stated maturity date.

Key to abbreviations
ADR = American Depositary Receipts	GDR = Global Depositary Receipts	CAD = Canadian dollars
ADS = American Depositary Shares	BRL = Brazilian reais	ZAR = South African rand

Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so you may lose money.

Investors should carefully consider the investment objectives, risks, charges and expenses of the American Funds. This and other important information is contained in each fund’s prospectus, which can be obtained from your financial professional and should be read carefully before investing.

MFGEFP-916-1109O-S21465

ITEM 7 – Disclosure of Proxy Voting Policies and Procedures for Closed-End Management Investment Companies

Not applicable to this Registrant, insofar as the Registrant is not a closed-end management investment company.

ITEM 8 – Portfolio Managers of Closed-End Management Investment Companies

Not applicable to this Registrant, insofar as the Registrant is not a closed-end management investment company.

ITEM 9 – Purchases of Equity Securities by Closed-End Management Investment Company and Affiliated Purchasers

Not applicable to this Registrant, insofar as the Registrant is not a closed-end management investment company.

ITEM 10 – Submission of Matters to a Vote of Security Holders

There have been no material changes to the procedures by which shareholders may recommend nominees to the Registrant’s board of trustees since the Registrant last submitted a proxy statement to its shareholders.  The procedures are as follows.  The Registrant has a nominating committee comprised solely of persons who are not considered ‘‘interested persons’’ of the Registrant within the meaning of the Investment Company Act of 1940, as amended. The committee periodically reviews such issues as the board’s composition, responsibilities, committees, compensation and other relevant issues, and recommends any appropriate changes to the full board of trustees. While the committee normally is able to identify from its own resources an ample number of qualified candidates, it will consider shareholder suggestions of persons to be considered as nominees to fill future vacancies on the board. Such suggestions must be sent in writing to the nominating committee of the Registrant, c/o the Registrant’s Secretary, and must be accompanied by complete biographical and occupational data on the prospective nominee, along with a written consent of the prospective nominee for consideration of his or her name by the nominating committee.

ITEM 11 – Controls and Procedures

(a)	The Registrant’s Principal Executive Officer and Principal Financial Officer have concluded, based on their evaluation of the Registrant’s disclosure controls and procedures (as such term is defined in Rule 30a-3 under the Investment Company Act of 1940), that such controls and procedures are adequate and reasonably designed to achieve the purposes described in paragraph (c) of such rule.
(b)	There were no changes in the Registrant’s internal controls over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) that occurred during the Registrant’s second fiscal quarter of the period covered by this report that has materially affected, or is reasonably likely to materially affect, the Registrant’s internal control over financial reporting.

ITEM 12 – Exhibits

(a)(1)	Not applicable for filing of semi-annual reports to shareholders.
(a)(2)	The certifications required by Rule 30a-2 of the Investment Company Act of 1940 and Sections 302 and 906 of the Sarbanes-Oxley Act of 2002 are attached as exhibits hereto.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

EUROPACIFIC GROWTH FUND

By /s/ Gina H. Despres

Gina H. Despres, Vice Chairman and

Principal Executive Officer

Date: November 30, 2009

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the Registrant and in the capacities and on the dates indicated.

By /s/ Gina H. Despres

Gina H. Despres, Vice Chairman and

Principal Executive Officer

Date: November 30, 2009

By /s/ Bryan K. Nielsen

Bryan K. Nielsen, Treasurer and

Principal Financial Officer

Date: November 30, 2009