EuroPacific Growth Fund®
Investment portfolio
June 30, 2021
unaudited
Common stocks 94.03% Information technology 17.99% | Shares | Value (000) | |
ASML Holding NV | 9,721,220 | $6,678,707 | |
Taiwan Semiconductor Manufacturing Company, Ltd. | 209,944,649 | 4,483,340 | |
Taiwan Semiconductor Manufacturing Company, Ltd. (ADR) | 8,010,484 | 962,540 | |
Shopify, Inc., Class A, subordinate voting shares1 | 1,845,706 | 2,696,539 | |
Shopify, Inc., Class A, subordinate voting shares (CAD denominated)1 | 139,200 | 203,575 | |
Keyence Corp. | 4,748,009 | 2,396,335 | |
PagSeguro Digital, Ltd., Class A1 | 29,276,033 | 1,637,116 | |
Samsung Electronics Co., Ltd. | 15,813,466 | 1,133,194 | |
Adyen NV1 | 460,915 | 1,126,125 | |
Hexagon AB, Class B | 75,118,653 | 1,112,986 | |
Nice, Ltd. (ADR)2 | 3,975,457 | 983,766 | |
Nice, Ltd.2 | 274,045 | 66,928 | |
Worldline SA, non-registered shares1,3 | 10,299,019 | 964,020 | |
StoneCo, Ltd., Class A1 | 13,234,923 | 887,534 | |
Edenred SA2 | 14,694,678 | 837,233 | |
SAP SE | 5,547,850 | 781,773 | |
Tokyo Electron, Ltd. | 1,574,600 | 681,460 | |
Halma PLC | 17,931,249 | 667,732 | |
Sinch AB1,2 | 37,391,960 | 629,163 | |
Nomura Research Institute, Ltd. | 18,000,400 | 595,450 | |
Amadeus IT Group SA, Class A, non-registered shares1 | 6,054,215 | 425,846 | |
STMicroelectronics NV | 11,629,311 | 422,026 | |
Fujitsu Ltd. | 2,000,700 | 374,585 | |
Atlassian Corp. PLC, Class A1 | 1,394,754 | 358,257 | |
NetEase, Inc. | 13,288,900 | 301,060 | |
Silergy Corp. | 2,066,000 | 281,028 | |
OBIC Co., Ltd. | 1,358,600 | 253,266 | |
GDS Holdings, Ltd., Class A1 | 25,567,678 | 253,230 | |
TeamViewer AG1 | 6,262,053 | 235,528 | |
Delta Electronics, Inc. | 20,627,529 | 224,321 | |
Lightspeed POS, Inc., subordinate voting shares1 | 2,137,254 | 178,696 | |
Lightspeed POS, Inc., subordinate voting shares (CAD denominated)1 | 446,610 | 37,379 | |
Infosys, Ltd. (ADR) | 9,146,249 | 193,809 | |
Xero, Ltd.1 | 1,765,454 | 181,521 | |
Suse SA1 | 4,509,672 | 176,730 | |
Dassault Systemes SE | 724,865 | 175,770 | |
Capgemini SE | 877,986 | 168,654 | |
Nexi SpA1 | 7,612,679 | 167,085 | |
Afterpay, Ltd.1 | 1,676,121 | 148,541 | |
Infineon Technologies AG | 3,635,318 | 145,784 | |
ironSource Ltd., Class A1,4 | 14,825,000 | 144,766 | |
Avast PLC | 17,661,422 | 119,663 | |
NXP Semiconductors NV | 576,590 | 118,616 | |
Reply SpA | 702,690 | 115,484 | |
SimCorp AS | 915,160 | 114,876 | |
ASM International NV | 263,603 | 86,581 | |
Justsystems Corp. | 1,256,248 | 73,953 |
EuroPacific Growth Fund — Page 1 of 13
unaudited
Common stocks (continued) Information technology (continued) | Shares | Value (000) | |
Endava PLC, Class A (ADR)1 | 586,331 | $66,478 | |
Nuvei Corp., subordinate voting shares1,5 | 329,028 | 27,145 | |
Nuvei Corp., subordinate voting shares1 | 310,628 | 25,627 | |
TDK Corp. | 400,100 | 48,583 | |
Kingdee International Software Group Co., Ltd.1 | 13,420,000 | 45,544 | |
Otsuka Corp. | 587,800 | 30,846 | |
EPAM Systems, Inc.1 | 58,800 | 30,044 | |
Nemetschek SE | 368,456 | 28,189 | |
AVEVA Group PLC | 544,625 | 27,935 | |
35,332,962 | |||
Financials 15.12% | |||
AIA Group, Ltd. | 351,502,443 | 4,368,711 | |
HDFC Bank, Ltd. | 138,337,697 | 2,787,785 | |
HDFC Bank, Ltd. (ADR) | 9,125,346 | 667,245 | |
Kotak Mahindra Bank, Ltd.1 | 83,047,860 | 1,905,922 | |
UniCredit SpA | 111,182,901 | 1,311,759 | |
Deutsche Bank AG1 | 89,575,190 | 1,166,865 | |
Sberbank of Russia PJSC (ADR) | 57,339,446 | 952,121 | |
Barclays PLC | 398,370,130 | 942,983 | |
Société Générale | 29,688,608 | 875,153 | |
London Stock Exchange Group PLC | 7,318,875 | 806,899 | |
Banco Santander, SA | 197,455,064 | 753,789 | |
B3 SA-Brasil, Bolsa, Balcao | 218,975,200 | 740,513 | |
Toronto-Dominion Bank (CAD denominated) | 10,376,058 | 727,144 | |
ICICI Bank, Ltd.1 | 78,749,478 | 668,412 | |
ICICI Bank, Ltd. (ADR)1 | 2,149,935 | 36,764 | |
Hong Kong Exchanges and Clearing, Ltd. | 10,600,264 | 631,841 | |
Brookfield Asset Management, Inc., Class A | 12,084,740 | 616,080 | |
ING Groep NV | 42,539,559 | 561,916 | |
Futu Holdings, Ltd. (ADR)1 | 3,096,472 | 554,547 | |
Ping An Insurance (Group) Company of China, Ltd., Class H | 47,805,000 | 468,242 | |
Ping An Insurance (Group) Company of China, Ltd., Class A | 6,663,171 | 66,287 | |
FinecoBank SpA1 | 30,321,846 | 528,526 | |
Commerzbank AG, non-registered shares1,2 | 71,745,374 | 508,901 | |
XP, Inc., Class A1 | 11,278,804 | 491,192 | |
KBC Groep NV | 5,544,643 | 422,744 | |
BNP Paribas SA | 6,542,313 | 410,142 | |
HDFC Life Insurance Company, Ltd. | 43,884,945 | 405,196 | |
Banco Bilbao Vizcaya Argentaria, SA | 61,755,373 | 382,828 | |
Aegon NV | 86,580,061 | 359,215 | |
Axis Bank, Ltd.1 | 35,541,354 | 357,804 | |
Bajaj Finserv, Ltd.1 | 2,194,723 | 357,541 | |
ABN AMRO Bank NV1 | 27,997,370 | 338,353 | |
AXA SA | 11,901,460 | 301,788 | |
Macquarie Group, Ltd. | 2,468,729 | 289,618 | |
China Merchants Bank Co., Ltd., Class H | 31,457,500 | 268,416 | |
DBS Group Holdings, Ltd. | 11,578,535 | 256,679 | |
3i Group PLC | 15,522,398 | 251,868 | |
Lufax Holding, Ltd. (ADR)1,3 | 20,469,889 | 231,310 | |
Housing Development Finance Corp., Ltd. | 6,597,000 | 219,686 | |
PICC Property and Casualty Co., Ltd., Class H | 230,336,000 | 201,729 | |
Aon PLC, Class A | 835,000 | 199,365 | |
Capitec Bank Holdings, Ltd. | 1,373,464 | 162,207 | |
Allfunds Group PLC1 | 8,299,153 | 144,442 |
EuroPacific Growth Fund — Page 2 of 13
unaudited
Common stocks (continued) Financials (continued) | Shares | Value (000) | |
Bajaj Finance, Ltd.1 | 1,650,000 | $133,542 | |
Euronext NV | 1,212,448 | 131,833 | |
QBE Insurance Group, Ltd.3 | 14,448,982 | 116,921 | |
Bank Mandiri (Persero) Tbk PT | 268,571,000 | 109,281 | |
Bank Rakyat Indonesia (Persero) Tbk PT | 373,556,100 | 101,504 | |
Discovery Ltd.1 | 8,888,498 | 78,596 | |
IndusInd Bank, Ltd.1 | 4,977,000 | 68,053 | |
DNB ASA | 2,999,446 | 65,353 | |
TCS Group Holding PLC (GDR) | 719,253 | 62,935 | |
Hiscox, Ltd.1 | 2,866,337 | 32,973 | |
Skandinaviska Enskilda Banken AB, Class A | 2,218,637 | 28,659 | |
UBS Group AG3 | 1,830,293 | 28,011 | |
Bank Central Asia Tbk PT | 9,396,600 | 19,522 | |
Brookfield Asset Management Reinsurance Partners, Ltd., Class A1 | 83,343 | 4,335 | |
29,682,046 | |||
Consumer discretionary 13.85% | |||
MercadoLibre, Inc.1,2 | 2,638,079 | 4,109,573 | |
LVMH Moët Hennessy-Louis Vuitton SE | 5,238,980 | 4,108,075 | |
Flutter Entertainment PLC1,2 | 5,128,557 | 928,597 | |
Flutter Entertainment PLC (CDI)1,2 | 3,838,320 | 697,940 | |
Kering SA | 1,435,755 | 1,254,703 | |
Meituan, Class B1 | 30,141,562 | 1,243,816 | |
Sony Group Corp. | 11,872,060 | 1,155,735 | |
Delivery Hero SE1 | 7,237,673 | 956,043 | |
Prosus NV | 9,132,335 | 893,040 | |
Hermès International | 578,010 | 841,984 | |
adidas AG | 2,074,301 | 772,069 | |
EssilorLuxottica | 3,990,288 | 736,408 | |
Evolution AB | 4,489,399 | 709,441 | |
Just Eat Takeaway (GBP denominated)1 | 4,987,339 | 461,680 | |
Just Eat Takeaway (EUR denominated)1 | 1,879,606 | 173,552 | |
Galaxy Entertainment Group, Ltd.1 | 78,733,374 | 630,228 | |
Entain PLC1 | 21,149,450 | 510,664 | |
Li Ning Co., Ltd. | 38,780,000 | 473,493 | |
ASOS PLC1,2 | 6,481,334 | 444,695 | |
Barratt Developments PLC | 37,643,548 | 362,007 | |
Persimmon PLC | 8,753,155 | 358,162 | |
Alibaba Group Holding, Ltd.1 | 12,542,673 | 355,394 | |
JD.com, Inc., Class A1 | 8,876,443 | 349,145 | |
Moncler SpA | 4,568,934 | 309,129 | |
Midea Group Co., Ltd., Class A | 27,643,572 | 305,337 | |
Melco Resorts & Entertainment, Ltd. (ADR)1 | 17,846,027 | 295,709 | |
Maruti Suzuki India, Ltd. | 2,855,619 | 288,747 | |
Industria de Diseño Textil, SA | 7,473,610 | 263,285 | |
Taylor Wimpey PLC | 107,636,907 | 236,667 | |
B2W - Cia. Digital, ordinary nominative shares1 | 17,466,200 | 232,681 | |
THG PLC1 | 27,546,118 | 232,438 | |
H & M Hennes & Mauritz AB, Class B1 | 9,613,432 | 228,033 | |
Cie. Financière Richemont SA, Class A | 1,846,409 | 223,405 | |
Nitori Holdings Co., Ltd. | 1,222,800 | 216,394 | |
Stellantis NV3 | 10,826,766 | 212,338 | |
Naspers, Ltd., Class N | 957,190 | 200,969 | |
Booking Holdings, Inc.1 | 76,300 | 166,951 | |
China Tourism Group Duty Free Corp., Ltd., Class A | 2,859,434 | 132,806 |
EuroPacific Growth Fund — Page 3 of 13
unaudited
Common stocks (continued) Consumer discretionary (continued) | Shares | Value (000) | |
JD Health International, Inc.1,3 | 9,257,600 | $132,706 | |
Ferrari NV (EUR denominated) | 641,527 | 132,360 | |
Gree Electric Appliances, Inc. of Zhuhai, Class A | 16,398,340 | 132,223 | |
B&M European Value Retail SA | 15,257,282 | 120,976 | |
Yum China Holdings, Inc. | 1,268,263 | 84,023 | |
Pan Pacific International Holdings Corp. | 3,855,900 | 80,037 | |
Bandai Namco Holdings, Inc. | 1,130,853 | 78,461 | |
Wynn Macau, Ltd.1 | 45,785,200 | 72,060 | |
Melco International Development, Ltd.1 | 39,221,000 | 72,034 | |
Ocado Group PLC1 | 2,440,690 | 67,625 | |
Lojas Americanas SA, ordinary nominative shares | 15,303,273 | 63,566 | |
Astra International Tbk PT | 176,126,100 | 60,004 | |
Trip.com Group, Ltd. (ADR)1 | 295,128 | 10,465 | |
Shimano, Inc. | 40,500 | 9,606 | |
27,187,479 | |||
Health care 11.32% | |||
WuXi Biologics (Cayman), Inc.1 | 171,546,751 | 3,144,018 | |
Daiichi Sankyo Company, Ltd.2 | 104,739,000 | 2,257,505 | |
Chugai Pharmaceutical Co., Ltd. | 39,465,700 | 1,563,779 | |
Olympus Corp. | 56,231,400 | 1,117,592 | |
M3, Inc. | 15,184,551 | 1,108,891 | |
AstraZeneca PLC | 7,917,823 | 951,025 | |
Sonova Holding AG | 2,205,534 | 829,533 | |
WuXi AppTec Co., Ltd., Class A | 31,171,300 | 755,421 | |
WuXi AppTec Co., Ltd., Class H3 | 945,840 | 22,086 | |
Novo Nordisk A/S, Class B | 8,407,581 | 704,380 | |
CSL, Ltd. | 3,150,748 | 673,876 | |
Aier Eye Hospital Group Co., Ltd., Class A | 54,907,858 | 603,171 | |
Lonza Group AG | 797,652 | 565,361 | |
Zai Lab, Ltd.1,3 | 1,557,188 | 273,560 | |
Zai Lab, Ltd. (ADR)1 | 1,511,548 | 267,529 | |
Teva Pharmaceutical Industries, Ltd. (ADR)1 | 53,702,920 | 531,659 | |
Sartorius Stedim Biotech SA | 1,094,880 | 517,873 | |
Fresenius SE & Co. KGaA | 9,396,201 | 490,172 | |
Grifols, SA, Class A, non-registered shares | 14,350,358 | 388,644 | |
Grifols, SA, Class B (ADR) | 3,499,526 | 60,717 | |
Novartis AG | 4,859,180 | 442,827 | |
BeiGene, Ltd. (ADR)1 | 1,177,838 | 404,222 | |
BeiGene, Ltd.1,3 | 432,500 | 11,765 | |
BioNTech SE (ADR)1 | 1,854,970 | 415,291 | |
HOYA Corp. | 3,017,301 | 400,062 | |
Notre Dame Intermédica Participações SA | 22,681,288 | 387,294 | |
Hikma Pharmaceuticals PLC | 9,158,708 | 309,890 | |
Coloplast A/S, Class B | 1,692,614 | 277,728 | |
Asahi Intecc Co., Ltd. | 9,896,400 | 236,598 | |
Genmab A/S1 | 547,416 | 223,986 | |
Shionogi & Co., Ltd. | 4,212,202 | 219,568 | |
Hypera SA, ordinary nominative shares | 28,584,628 | 198,100 | |
Argenx SE (ADR)1 | 653,405 | 196,721 | |
Siemens Healthineers AG | 3,046,164 | 186,668 | |
bioMérieux SA | 1,538,887 | 178,824 | |
Rede D’Or Sao Luiz SA | 12,855,900 | 178,423 | |
Alcon, Inc. | 2,263,542 | 158,479 | |
Ping An Healthcare and Technology Co., Ltd., Class H1,3 | 10,862,600 | 135,288 |
EuroPacific Growth Fund — Page 4 of 13
unaudited
Common stocks (continued) Health care (continued) | Shares | Value (000) | |
Merck KGaA | 681,974 | $130,759 | |
Carl Zeiss Meditec AG, non-registered shares | 616,623 | 119,143 | |
AbCellera Biologics, Inc.1 | 4,361,000 | 95,942 | |
AbCellera Biologics, Inc.1,3 | 1,047,829 | 23,052 | |
Koninklijke Philips NV | 2,247,401 | 111,364 | |
Bachem Holding AG, Class B | 152,802 | 90,500 | |
Ambu AS, Class B, non-registered shares | 2,082,133 | 80,048 | |
CRISPR Therapeutics AG1 | 473,762 | 76,697 | |
Alibaba Health Information Technology, Ltd.1 | 22,684,000 | 50,310 | |
Amplifon SpA | 784,417 | 38,730 | |
Hutchison China MediTech Ltd. (ADR)1 | 351,471 | 13,802 | |
CanSino Biologics, Inc., Class H1,3 | 231,400 | 12,297 | |
Jiangsu Hengrui Medicine Co., Ltd., Class A | 771,600 | 8,117 | |
NMC Health PLC1,4,6 | 3,099,779 | 43 | |
22,239,330 | |||
Industrials 9.63% | |||
Airbus SE, non-registered shares1 | 25,790,995 | 3,316,277 | |
Safran SA | 9,480,809 | 1,314,399 | |
DSV Panalpina A/S | 4,448,249 | 1,037,363 | |
Recruit Holdings Co., Ltd. | 20,543,224 | 1,011,490 | |
Kingspan Group PLC2 | 9,846,809 | 929,865 | |
Melrose Industries PLC2 | 398,832,440 | 855,694 | |
Ryanair Holdings PLC (ADR)1 | 7,344,776 | 794,778 | |
Ryanair Holdings PLC1 | 2,061,291 | 39,009 | |
SMC Corp. | 1,197,482 | 707,635 | |
MTU Aero Engines AG | 2,434,994 | 603,156 | |
Rentokil Initial PLC | 82,731,381 | 566,490 | |
Nidec Corp. | 4,342,279 | 503,235 | |
ASSA ABLOY AB, Class B | 16,154,834 | 486,640 | |
Country Garden Services Holdings Co., Ltd. | 45,005,478 | 486,323 | |
Nihon M&A Center, Inc. | 16,311,320 | 422,998 | |
NIBE Industrier AB, Class B | 37,366,874 | 393,051 | |
Airports of Thailand PCL, foreign registered shares | 180,375,500 | 349,041 | |
Spirax-Sarco Engineering PLC | 1,822,074 | 343,163 | |
Techtronic Industries Co., Ltd. | 17,614,000 | 307,621 | |
Rolls-Royce Holdings PLC1 | 203,695,191 | 278,728 | |
InPost SA1 | 13,733,900 | 275,639 | |
AB Volvo, Class B | 10,220,560 | 245,897 | |
ABB, Ltd. | 7,113,059 | 241,317 | |
Adecco Group AG | 3,330,253 | 226,252 | |
Teleperformance SE | 512,000 | 207,812 | |
VAT Group AG | 618,943 | 205,768 | |
Wizz Air Holdings PLC1 | 3,180,340 | 205,406 | |
Deutsche Post AG | 2,894,952 | 196,899 | |
Zhejiang Sanhua Intelligent Controls Co., Ltd., Class A | 52,173,363 | 193,628 | |
Epiroc AB, Class B | 8,309,760 | 163,076 | |
Epiroc AB, Class A | 864,056 | 19,688 | |
ZTO Express (Cayman), Inc., Class A (ADR) | 5,697,333 | 172,914 | |
International Consolidated Airlines Group SA (CDI)1 | 71,270,191 | 171,760 | |
BayCurrent Consulting, Inc. | 466,378 | 167,501 | |
CCR SA, ordinary nominative shares | 60,681,999 | 164,094 | |
Experian PLC | 4,251,681 | 163,854 | |
Rumo SA1 | 35,849,900 | 138,028 | |
DiDi Global Inc. (ADR)1 | 7,989,621 | 112,973 |
EuroPacific Growth Fund — Page 5 of 13
unaudited
Common stocks (continued) Industrials (continued) | Shares | Value (000) | |
TFI International, Inc. | 1,170,064 | $106,698 | |
Bureau Veritas SA1 | 3,280,987 | 103,797 | |
Centre Testing International Group Co., Ltd. | 19,467,567 | 96,051 | |
Komatsu, Ltd. | 3,476,600 | 86,387 | |
Diploma PLC | 2,121,016 | 85,203 | |
Brenntag SE | 872,076 | 81,091 | |
IMCD NV | 505,265 | 80,342 | |
Ashtead Group PLC | 817,233 | 60,639 | |
Lifco AB, Class B | 2,566,366 | 59,975 | |
RELX PLC | 1,598,859 | 42,443 | |
Canadian National Railway Company (CAD denominated) | 352,298 | 37,171 | |
Interpump Group SpA | 427,495 | 25,315 | |
Beijer Ref AB, Class B | 1,258,979 | 22,434 | |
18,907,008 | |||
Materials 7.80% | |||
Vale SA, ordinary nominative shares (ADR)2 | 164,211,824 | 3,745,671 | |
Vale SA, ordinary nominative shares2 | 101,458,612 | 2,310,143 | |
Sika AG | 6,902,805 | 2,256,794 | |
First Quantum Minerals, Ltd.2 | 52,362,078 | 1,206,829 | |
Shin-Etsu Chemical Co., Ltd. | 7,202,700 | 1,204,610 | |
Koninklijke DSM NV | 5,816,290 | 1,085,535 | |
Rio Tinto PLC | 10,830,958 | 891,307 | |
Linde PLC | 1,258,790 | 363,916 | |
Linde PLC (EUR denominated) | 1,185,299 | 342,021 | |
HeidelbergCement AG | 3,951,554 | 338,953 | |
Beijing Oriental Yuhong Waterproof Technology Co., Ltd., Class A | 33,556,423 | 287,295 | |
Lundin Mining Corp. | 24,942,604 | 224,958 | |
CRH PLC | 4,355,383 | 219,487 | |
CCL Industries, Inc., Class B, nonvoting shares | 3,828,791 | 210,868 | |
Givaudan SA | 40,127 | 186,616 | |
BASF SE | 1,812,591 | 142,798 | |
Akzo Nobel NV | 961,156 | 118,756 | |
Asian Paints, Ltd. | 1,801,530 | 72,534 | |
Yunnan Energy New Material Co., Ltd., Class A | 1,245,599 | 45,128 | |
Chr. Hansen Holding A/S | 272,192 | 24,566 | |
Ivanhoe Mines Ltd., Class A1 | 3,238,700 | 23,384 | |
Gerdau SA (ADR) | 1,663,393 | 9,814 | |
15,311,983 | |||
Communication services 6.18% | |||
Sea, Ltd., Class A (ADR)1 | 13,397,866 | 3,679,054 | |
Tencent Holdings, Ltd. | 25,692,240 | 1,932,469 | |
Bilibili, Inc., Class Z (ADR)1 | 6,575,473 | 801,155 | |
Bilibili, Inc., Class Z1,3 | 4,822,140 | 593,739 | |
Cellnex Telecom, SA, non-registered shares | 11,726,052 | 746,932 | |
SoftBank Group Corp. | 9,144,506 | 639,980 | |
Kuaishou Technology, Class B1,4,5 | 22,646,700 | 522,733 | |
Kuaishou Technology, Class B1,3 | 2,439,700 | 61,210 | |
Yandex NV, Class A1 | 7,896,805 | 558,699 | |
Nintendo Co., Ltd. | 785,000 | 456,607 | |
Bharti Airtel, Ltd. | 52,969,998 | 374,595 | |
Square Enix Holdings Co., Ltd.2 | 7,346,700 | 364,376 | |
Vivendi SA | 9,429,549 | 316,760 | |
SoftBank Corp. | 21,074,300 | 275,723 |
EuroPacific Growth Fund — Page 6 of 13
unaudited
Common stocks (continued) Communication services (continued) | Shares | Value (000) | |
Ubisoft Entertainment SA1 | 3,085,274 | $215,990 | |
Koninklijke KPN NV | 56,928,959 | 177,804 | |
América Móvil, SAB de CV, Series L (ADR) | 7,201,905 | 108,029 | |
América Móvil, SAB de CV, Series L | 7,689,900 | 5,786 | |
Scout24 AG1 | 1,226,106 | 103,398 | |
Playtika Holding Corp.1 | 2,809,063 | 66,968 | |
Nexon Co., Ltd.3 | 3,000,400 | 66,871 | |
Z Holdings Corp. | 5,955,000 | 29,846 | |
Spotify Technology SA1 | 91,325 | 25,168 | |
Adevinta ASA1 | 553,667 | 10,610 | |
12,134,502 | |||
Consumer staples 4.65% | |||
Kweichow Moutai Co., Ltd., Class A | 6,553,608 | 2,086,034 | |
Nestlé SA | 11,728,955 | 1,460,589 | |
Danone SA | 9,209,360 | 648,320 | |
British American Tobacco PLC | 15,319,037 | 593,343 | |
Reckitt Benckiser Group PLC | 4,755,912 | 420,849 | |
Anheuser-Busch InBev SA/NV | 5,326,628 | 384,079 | |
Philip Morris International, Inc. | 3,842,245 | 380,805 | |
Pernod Ricard SA | 1,549,699 | 343,990 | |
Avenue Supermarts, Ltd.1 | 6,337,619 | 285,129 | |
Treasury Wine Estates, Ltd. | 32,548,938 | 285,110 | |
Shiseido Company, Ltd. | 3,736,279 | 274,802 | |
Carlsberg A/S, Class B | 1,165,908 | 217,332 | |
Foshan Haitian Flavouring and Food Co., Ltd., Class A | 9,872,499 | 197,024 | |
Heineken NV | 1,412,094 | 171,123 | |
CP ALL PCL, foreign registered shares | 77,429,200 | 144,998 | |
Inner Mongolia Yili Industrial Group Co., Ltd., Class A | 23,818,972 | 135,767 | |
Unilever PLC (GBP denominated) | 2,256,289 | 132,039 | |
Associated British Foods PLC | 4,059,647 | 124,444 | |
Godrej Consumer Products, Ltd.1 | 10,323,995 | 120,873 | |
Swedish Match AB | 13,964,410 | 119,083 | |
Fomento Económico Mexicano, SAB de CV | 13,765,300 | 116,101 | |
Chocoladefabriken Lindt & Sprüngli AG | 977 | 102,320 | |
L’Oréal SA, non-registered shares | 224,862 | 100,200 | |
Dabur India, Ltd. | 7,882,000 | 60,311 | |
Kerry Group PLC, Class A | 431,290 | 60,243 | |
Uni-Charm Corp. | 1,100,364 | 44,274 | |
Coca-Cola HBC AG (CDI)1 | 1,048,400 | 37,910 | |
Yihai International Holding, Ltd.3 | 4,672,000 | 31,380 | |
China Feihe, Ltd. | 12,619,000 | 27,239 | |
COSMOS Pharmaceutical Corp. | 161,400 | 23,681 | |
9,129,392 | |||
Energy 4.54% | |||
Reliance Industries, Ltd. | 151,263,315 | 4,295,223 | |
Reliance Industries, Ltd., interim shares | 10,027,005 | 200,587 | |
Canadian Natural Resources, Ltd. (CAD denominated) | 57,254,084 | 2,078,440 | |
Neste Oyj | 10,770,097 | 659,476 | |
Cenovus Energy ,Inc. | 58,379,658 | 558,553 | |
Gazprom PJSC (ADR) | 43,415,515 | 330,913 | |
TotalEnergies SE | 6,563,007 | 296,926 | |
TC Energy Corp. (CAD denominated)3 | 3,581,732 | 177,237 | |
Royal Dutch Shell PLC, Class B | 6,040,362 | 116,895 |
EuroPacific Growth Fund — Page 7 of 13
unaudited
Common stocks (continued) Energy (continued) | Shares | Value (000) | |
Tourmaline Oil Corp. | 4,031,590 | $115,230 | |
Petróleo Brasileiro SA (Petrobras), ordinary nominative shares (ADR) | 4,135,870 | 50,582 | |
Rosneft Oil Company PJSC (GDR) | 3,616,788 | 27,994 | |
8,908,056 | |||
Utilities 2.46% | |||
ENN Energy Holdings, Ltd.2 | 76,766,900 | 1,461,323 | |
Enel SpA | 116,964,718 | 1,086,227 | |
Ørsted AS | 6,512,073 | 913,793 | |
China Gas Holdings, Ltd. | 219,662,800 | 670,506 | |
China Resources Gas Group, Ltd. | 55,233,823 | 331,504 | |
Engie SA | 19,973,004 | 273,633 | |
Iberdrola, SA, non-registered shares | 8,546,882 | 104,182 | |
4,841,168 | |||
Real estate 0.49% | |||
Goodman Logistics (HK), Ltd. REIT | 13,590,417 | 215,767 | |
Longfor Group Holdings, Ltd. | 27,741,192 | 155,422 | |
Shimao Group Holdings, Ltd. | 59,182,000 | 145,129 | |
Sunac Services Holdings, Ltd. | 36,490,450 | 135,588 | |
Ayala Land, Inc. | 183,054,907 | 135,187 | |
KE Holdings, Inc., Class A (ADR)1 | 2,810,586 | 134,009 | |
ESR Cayman, Ltd.1 | 12,041,579 | 40,633 | |
961,735 | |||
Total common stocks (cost: $100,836,916,000) | 184,635,661 | ||
Preferred securities 2.22% Energy 0.93% | |||
Petróleo Brasileiro SA (Petrobras), preferred nominative shares | 159,582,618 | 944,251 | |
Petróleo Brasileiro SA (Petrobras), preferred nominative shares (ADR) | 74,222,533 | 876,568 | |
1,820,819 | |||
Health care 0.71% | |||
Sartorius AG, nonvoting non-registered preferred shares | 2,229,681 | 1,160,648 | |
Grifols, SA, Class B, nonvoting non-registered preferred shares | 13,291,812 | 233,259 | |
1,393,907 | |||
Consumer discretionary 0.40% | |||
Volkswagen AG, nonvoting preferred shares | 3,133,956 | 784,838 | |
Information technology 0.09% | |||
Samsung Electronics Co., Ltd., nonvoting preferred shares | 2,590,928 | 169,561 | |
Materials 0.08% | |||
Gerdau SA, preferred nominative shares | 26,891,299 | 160,089 | |
Industrials 0.01% | |||
Azul SA, preferred nominative shares1 | 3,313,800 | 29,242 |
EuroPacific Growth Fund — Page 8 of 13
unaudited
Preferred securities (continued) Real estate 0.00% | Shares | Value (000) | |
Ayala Land, Inc., preferred shares1,4,6 | 481,283,600 | $—7 | |
Total preferred securities (cost: $2,426,469,000) | 4,358,456 | ||
Rights & warrants 0.13% Health care 0.13% | |||
WuXi AppTec Co., Ltd., Class A, warrants, expire 20221,4,5 | 10,273,704 | 248,978 | |
Consumer discretionary 0.00% | |||
Cie. Financière Richemont SA, Class A, warrants, expire 20231 | 3,624,798 | 2,429 | |
Total rights & warrants (cost: $197,628,000) | 251,407 | ||
Bonds, notes & other debt instruments 0.05% U.S. Treasury bonds & notes 0.05% U.S. Treasury 0.05% | Principal amount (000) | ||
U.S. Treasury 2.625% 2021 | $100,000 | 101,175 | |
Total U.S. Treasury bonds & notes | 101,175 | ||
Total bonds, notes & other debt instruments (cost: $101,148,000) | 101,175 | ||
Short-term securities 3.64% Money market investments 3.46% | Shares | ||
Capital Group Central Cash Fund 0.04%2,8 | 67,948,966 | 6,794,896 | |
Money market investments purchased with collateral from securities on loan 0.18% | |||
BlackRock Liquidity Funds – FedFund, Institutional Shares 0.03%8,9 | 88,600,000 | 88,600 | |
Goldman Sachs Financial Square Government Fund, Institutional Shares 0.02%8,9 | 88,600,000 | 88,600 | |
Capital Group Central Cash Fund 0.04%2,8,9 | 583,825 | 58,383 | |
Invesco Short-Term Investments Trust – Government & Agency Portfolio, Institutional Class 0.03%8,9 | 51,756,162 | 51,756 | |
Morgan Stanley Institutional Liquidity Funds – Government Portfolio, Institutional Class 0.03%8,9 | 21,200,000 | 21,200 | |
State Street Institutional U.S. Government Money Market Fund, Premier Class 0.03%8,9 | 21,200,000 | 21,200 | |
Fidelity Investments Money Market Government Portfolio, Class I 0.01%8,9 | 14,100,000 | 14,100 | |
RBC Funds Trust – U.S. Government Money Market Fund, RBC Institutional Class 1 0.03%8,9 | 10,600,000 | 10,600 | |
354,439 | |||
Total short-term securities (cost: $7,148,848,000) | 7,149,335 | ||
Total investment securities 100.07% (cost: $110,711,009,000) | 196,496,034 | ||
Other assets less liabilities (0.07)% | (145,302) | ||
Net assets 100.00% | $196,350,732 |
EuroPacific Growth Fund — Page 9 of 13
unaudited
Investments in affiliates2
Value of affiliates at 4/1/2021 (000) | Additions (000) | Reductions (000) | Net realized gain (loss) (000) | Net unrealized appreciation (depreciation) (000) | Value of affiliates at 6/30/2021 (000) | Dividend income (000) | |
Common stocks 11.38% | |||||||
Information technology 1.28% | |||||||
Nice, Ltd. (ADR) | $754,051 | $121,498 | $872 | $345 | $108,744 | $983,766 | $— |
Nice, Ltd. | 54,803 | 5,035 | 64 | 26 | 7,128 | 66,928 | — |
Edenred SA | 768,488 | — | 868 | 472 | 69,141 | 837,233 | 13,384 |
Sinch AB1 | 420,959 | 232,858 | 477 | 269 | (24,446) | 629,163 | — |
PagSeguro Digital, Ltd., Class A1,10 | 1,346,146 | 10,168 | 1,360 | 750 | 281,412 | — | — |
2,517,090 | |||||||
Financials 0.26% | |||||||
Commerzbank AG, non-registered shares1 | 440,362 | — | 447 | 69 | 68,917 | 508,901 | — |
Consumer discretionary 3.15% | |||||||
MercadoLibre, Inc.1 | 3,878,418 | 9,918 | 4,279 | 3,617 | 221,899 | 4,109,573 | — |
Flutter Entertainment PLC1 | 1,157,395 | 6,298 | 70,439 | 30,612 | (195,269) | 928,597 | — |
Flutter Entertainment PLC (CDI)1 | 786,605 | 35,569 | 832 | 467 | (123,869) | 697,940 | — |
ASOS PLC1 | 495,206 | — | 488 | 355 | (50,378) | 444,695 | — |
Melco Resorts & Entertainment, Ltd. (ADR)1,10 | 568,500 | — | 183,880 | (65,669) | (23,242) | — | — |
6,180,805 | |||||||
Health care 1.15% | |||||||
Daiichi Sankyo Company, Ltd. | 3,191,241 | — | 98,858 | 23,655 | (858,533) | 2,257,505 | — |
Teva Pharmaceutical Industries, Ltd. (ADR)1,10 | 647,001 | — | 23,468 | (122,798) | 30,924 | — | — |
Notre Dame Intermédica Participações SA10 | 465,845 | — | 131,192 | (2,239) | 54,880 | — | 1,213 |
2,257,505 | |||||||
Industrials 0.91% | |||||||
Kingspan Group PLC | 634,159 | 210,364 | 960 | 469 | 85,833 | 929,865 | — |
Melrose Industries PLC | 918,926 | — | 958 | 427 | (62,701) | 855,694 | 4,128 |
Nihon M&A Center, Inc.10 | 492,414 | 1,011 | 45,678 | (12,785) | (11,964) | — | 159 |
1,785,559 | |||||||
Materials 3.70% | |||||||
Vale SA, ordinary nominative shares (ADR) | 2,778,474 | 129,256 | 38,118 | 913 | 875,146 | 3,745,671 | 71,595 |
Vale SA, ordinary nominative shares | 1,758,537 | 9,737 | — | — | 541,869 | 2,310,143 | 44,772 |
First Quantum Minerals, Ltd. | 1,039,289 | 148,942 | 205,555 | 59,938 | 164,215 | 1,206,829 | 209 |
7,262,643 | |||||||
Communication services 0.19% | |||||||
Square Enix Holdings Co., Ltd. | 409,233 | — | 461 | 91 | (44,487) | 364,376 | 1,116 |
Energy 0.00% | |||||||
Canadian Natural Resources, Ltd. (CAD denominated)10 | 2,205,274 | — | 429,648 | (8,204) | 311,018 | — | 21,952 |
Utilities 0.74% | |||||||
ENN Energy Holdings, Ltd. | 1,234,500 | — | 1,327 | 888 | 227,262 | 1,461,323 | 23,923 |
Total common stocks | 22,338,202 | ||||||
Short-term securities 3.49% | |||||||
Money market investments 3.46% | |||||||
Capital Group Central Cash Fund 0.04%8 | 8,994,330 | 5,925,827 | 8,124,686 | (58) | (517) | 6,794,896 | 971 |
Money market investments purchased with collateral from securities on loan 0.03% | |||||||
Capital Group Central Cash Fund 0.04%8,9 | 18,166 | 40,21711 | 58,383 | —12 | |||
Total short-term securities | 6,853,279 | ||||||
Total 14.87% | $(88,390) | $1,652,982 | $29,191,481 | $183,422 |
EuroPacific Growth Fund — Page 10 of 13
unaudited
1 | Security did not produce income during the last 12 months. |
2 | Affiliate of the fund or part of the same “group of investment companies“ as the fund, as defined under the Investment Company Act of 1940, as amended. |
3 | All or a portion of this security was on loan. The total value of all such securities was $602,351,000, which represented .31% of the net assets of the fund. |
4 | Valued under fair value procedures adopted by authority of the board of trustees. The total value of all such securities was $916,520,000, which represented .47% of the net assets of the fund. |
5 | Acquired in a transaction exempt from registration under Rule 144A of 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 $798,856,000, which represented .41% of the net assets of the fund. |
6 | Value determined using significant unobservable inputs. |
7 | Amount less than one thousand. |
8 | Rate represents the seven-day yield at 6/30/2021. |
9 | Security purchased with cash collateral from securities on loan. |
10 | Unaffiliated issuer at 6/30/2021. |
11 | Represents net activity. |
12 | Dividend income is included with securities lending income and is not shown in this table. |
Valuation disclosures
Capital Research and Management Company (“CRMC”), the fund’s investment adviser, values the fund’s investments at fair value as defined by accounting principles generally accepted in the United States of America. The net asset value per share is calculated once daily as of the close of regular trading on the New York Stock Exchange, normally 4 p.m. New York time, each day the New York Stock Exchange is open. Security transactions are recorded by the fund as of the date the trades are executed with brokers. Assets and liabilities, including investment securities, denominated in currencies other than U.S. dollars are translated into U.S. dollars at the exchange rates supplied by one or more pricing vendors on the valuation date.
Methods and inputs — The fund’s investment adviser uses the following methods and inputs to establish the fair value of the fund’s assets and liabilities. Use of particular methods and inputs may vary over time based on availability and relevance as market and economic conditions evolve.
Equity securities are generally 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 on which the security trades.
Fixed-income securities, including short-term securities, are generally valued at prices obtained from one or more pricing vendors. Vendors value such securities based on one or more of the inputs described in the following table. The table provides examples of inputs that are commonly relevant for valuing particular classes of fixed-income securities in which the fund is authorized to invest. However, these classifications are not exclusive, and any of the inputs may be used to value any other class of fixed-income security.
Fixed-income class | Examples of standard inputs |
All | Benchmark yields, transactions, bids, offers, quotations from dealers and trading systems, new issues, spreads and other relationships observed in the markets among comparable securities; and proprietary pricing models such as yield measures calculated using factors such as cash flows, financial or collateral performance and other reference data (collectively referred to as “standard inputs”) |
Corporate bonds, notes & loans; convertible securities | Standard inputs and underlying equity of the issuer |
Bonds & notes of governments & government agencies | Standard inputs and interest rate volatilities |
When the fund’s investment adviser deems it appropriate to do so (such as when vendor prices are unavailable or deemed to be not representative), fixed-income securities will be valued in good faith at the mean quoted bid and ask prices that are reasonably and timely available (or bid prices, if ask prices are not available) or at prices for securities of comparable maturity, quality and type.
Securities with both fixed-income and equity characteristics, or equity securities traded principally among fixed-income dealers, are generally valued in the manner described for either equity or fixed-income securities, depending on which method is deemed most appropriate by the fund’s investment adviser. The Capital Group Central Cash Fund (“CCF”), a fund within the Capital Group Central Fund Series (“Central Funds“), is valued based upon a floating net asset value, which fluctuates with changes in the value of CCF’s portfolio securities. The underlying securities are valued based on the policies and procedures in CCF’s statement of additional information.
EuroPacific Growth Fund — Page 11 of 13
unaudited
Securities and other assets for which representative market quotations are not readily available or are considered unreliable by the fund’s investment adviser are fair valued as determined in good faith under fair valuation guidelines adopted by authority of the fund’s board of trustees as further described. The investment adviser follows fair valuation guidelines, consistent with U.S. Securities and Exchange Commission rules and guidance, to consider relevant principles and factors when making fair value determinations. The investment adviser considers relevant indications of value that are reasonably and timely available to it in determining the fair value to be assigned to a particular security, such as 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. In addition, the closing prices of equity securities that trade in markets outside U.S. time zones may be adjusted to reflect significant events that occur after the close of local trading but before the net asset value of each share class of the fund is determined. 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.
Processes and structure — The fund’s board of trustees has delegated authority to the fund’s investment adviser to make fair value determinations, subject to board oversight. The investment adviser has established a Joint Fair Valuation Committee (the “Fair Valuation Committee”) to administer, implement and oversee the fair valuation process, and to make fair value decisions. The Fair Valuation Committee regularly reviews its own fair value decisions, as well as decisions made under its standing instructions to the investment adviser’s valuation teams. The Fair Valuation Committee reviews changes in fair value measurements from period to period and may, as deemed appropriate, update the fair valuation guidelines to better reflect the results of back testing and address new or evolving issues. The Fair Valuation Committee reports any changes to the fair valuation guidelines to the board of trustees. The fund’s board and audit committee also regularly review reports that describe fair value determinations and methods.
The fund’s investment adviser has also established a Fixed-Income Pricing Review Group to administer and oversee the fixed-income valuation process, including the use of fixed-income pricing vendors. This group regularly reviews pricing vendor information and market data. Pricing decisions, processes and controls over security valuation are also subject to additional internal reviews facilitated by the investment adviser’s global risk management group.
Classifications — The fund’s investment adviser classifies the fund’s assets and liabilities into three levels based on the inputs 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. Certain securities trading outside the U.S. may transfer between Level 1 and Level 2 due to valuation adjustments resulting from significant market movements following the close of local trading. Level 3 values are based on significant unobservable inputs that reflect the investment adviser’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 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 June 30, 2021 (dollars in thousands):
Investment securities | ||||
Level 1 | Level 2 | Level 3 | Total | |
Assets: | ||||
Common stocks: | ||||
Information technology | $35,188,196 | $144,766 | $— | $35,332,962 |
Financials | 29,682,046 | — | — | 29,682,046 |
Consumer discretionary | 27,187,479 | — | — | 27,187,479 |
Health care | 22,239,287 | — | 43 | 22,239,330 |
Industrials | 18,907,008 | — | — | 18,907,008 |
Materials | 15,311,983 | — | — | 15,311,983 |
Communication services | 11,611,769 | 522,733 | — | 12,134,502 |
Consumer staples | 9,129,392 | — | — | 9,129,392 |
Energy | 8,908,056 | — | — | 8,908,056 |
Utilities | 4,841,168 | — | — | 4,841,168 |
Real estate | 961,735 | — | — | 961,735 |
Preferred securities | 4,358,456 | — | —* | 4,358,456 |
Rights & warrants | 2,429 | 248,978 | — | 251,407 |
Bonds, notes & other debt instruments | — | 101,175 | — | 101,175 |
Short-term securities | 7,149,335 | — | — | 7,149,335 |
Total | $195,478,339 | $1,017,652 | $43 | $196,496,034 |
* | Amount less than one thousand. |
EuroPacific Growth Fund — Page 12 of 13
unaudited
Key to abbreviations |
ADR = American Depositary Receipts |
CAD = Canadian dollars |
CDI = CREST Depository Interest |
EUR = Euros |
GBP = British pounds |
GDR = Global Depositary Receipts |
Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so they may lose value.
Investors should carefully consider investment objectives, risks, charges and expenses. This and other important information is contained in the fund prospectus and summary 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) 421-4225 or visit the Capital Group website at capitalgroup.com.
All Capital Group trademarks mentioned are owned by The Capital Group Companies, Inc., an affiliated company or fund. All other company and product names mentioned are the property of their respective companies.
American Funds Distributors, Inc., member FINRA.
© 2021 Capital Group. All rights reserved.
MFGEFP1-016-0821O-S85348 | EuroPacific Growth Fund — Page 13 of 13 |