Emerging Markets Growth FundSM
Investment portfolio
September 30, 2020
unaudited
Common stocks 96.47% Asia-Pacific 77.77% China 42.66% | Shares | Value (000) |
Alibaba Group Holding Ltd.1,2 | 2,209,568 | $81,707 |
CanSino Biologics Inc., Class H1,2,3 | 1,264,083 | 27,315 |
China East Education Holdings Ltd.1,3 | 2,603,000 | 5,647 |
China Gas Holdings Ltd.1 | 1,687,400 | 4,812 |
China Merchants Bank Co., Ltd., Class H1 | 4,703,500 | 22,398 |
China Overseas Land & Investment Ltd.1 | 17,668,450 | 44,560 |
China Overseas Property Holdings Ltd.1 | 6,556,000 | 5,375 |
China Resources Gas Group Ltd.1 | 1,558,000 | 6,975 |
China Resources Land Ltd.1 | 8,382,787 | 38,123 |
China Tower Corp. Ltd., Class H1 | 35,918,000 | 6,240 |
ENN Energy Holdings Ltd.1 | 620,000 | 6,764 |
Gree Electric Appliances, Inc. of Zhuhai, Class A1 | 1,618,086 | 12,717 |
Guangzhou Baiyun International Airport Co. Ltd., Class A1 | 1,998,332 | 4,008 |
Guangzhou Kingmed Diagnostics Group Co., Ltd., Class A1 | 73,100 | 1,103 |
Haitian International Holdings Ltd.1 | 1,114,000 | 2,589 |
Hangzhou Tigermed Consulting Co., Ltd., Class A1 | 634,571 | 9,651 |
Hangzhou Tigermed Consulting Co., Ltd., Class H1,2 | 387,000 | 5,513 |
Huazhu Group Ltd. (ADR)3 | 537,611 | 23,246 |
Hutchison China MediTech Ltd.1 | 21,080 | 133 |
Hutchison China MediTech Ltd. (ADR)2,3 | 1,329,176 | 42,932 |
HUYA, Inc. (ADR)2 | 408,237 | 9,777 |
IMAX China Holding, Inc.1 | 1,432,429 | 2,339 |
Jiangsu Hengrui Medicine Co., Ltd., Class A1 | 3,971,727 | 52,575 |
Kweichow Moutai Co., Ltd., Class A1 | 51,261 | 12,602 |
Legend Biotech Corp. (ADR)2,3 | 936,775 | 28,918 |
Longfor Group Holdings Ltd.1 | 9,539,113 | 53,620 |
Meituan Dianping, Class B1,2 | 344,700 | 10,841 |
Midea Group Co., Ltd., Class A1 | 776,760 | 8,305 |
Ming Yuan Cloud Group Holdings Ltd.1,2 | 232,000 | 868 |
NetEase, Inc.1 | 491,029 | 8,808 |
NetEase, Inc. (ADR) | 10,116 | 4,600 |
Oneconnect Financial Technology Co., Ltd. (ADR)2,3 | 1,127,817 | 24,023 |
Ping An Insurance (Group) Company of China, Ltd., Class H1 | 4,836,200 | 49,891 |
Poly Property Services Co., Ltd., Class H1 | 219,200 | 1,708 |
Shandong Pharmaceutical Glass Co., Ltd., Class A1 | 243,000 | 1,612 |
Shanghai International Airport Co., Ltd., Class A1 | 487,068 | 4,912 |
Tencent Holdings Ltd.1 | 1,355,700 | 90,281 |
Trip.com Group Ltd. (ADR)2 | 667,240 | 20,778 |
Venustech Group Inc., Class A1 | 1,364,309 | 6,944 |
WuXi Biologics (Cayman) Inc.1,2 | 361,500 | 8,871 |
Yeahka Ltd.1,2 | 3,552,800 | 22,022 |
Yunnan Energy New Material Co., Ltd., Class A1 | 635,473 | 8,598 |
784,701 |
Emerging Markets Growth Fund — Page 1 of 9
unaudited
Common stocks (continued) Asia-Pacific (continued) Hong Kong 9.48% | Shares | Value (000) |
AIA Group Ltd.1 | 5,451,800 | $53,707 |
BeiGene, Ltd. (ADR)2 | 237,640 | 68,070 |
ESR Cayman Ltd.1,2 | 2,465,800 | 7,693 |
Galaxy Entertainment Group Ltd.1 | 2,740,500 | 18,549 |
Hong Kong Exchanges and Clearing Ltd.1 | 341,400 | 16,047 |
Wynn Macau, Ltd.1,2 | 6,480,629 | 10,374 |
174,440 | ||
India 10.10% | ||
Asian Paints Ltd.1 | 192,609 | 5,190 |
Astral Poly Technik Ltd.1 | 272,837 | 4,551 |
Avenue Supermarts Ltd.1,2 | 82,536 | 2,465 |
Berger Paints India Ltd.1 | 921,866 | 7,299 |
Bharti Airtel Ltd.1 | 3,409,174 | 19,526 |
Bharti Infratel Ltd.1 | 1,884,110 | 4,503 |
City Union Bank Ltd.1 | 987,987 | 1,882 |
Coforge Ltd.1 | 352,801 | 11,130 |
Godrej Consumer Products Ltd.1 | 314,141 | 3,095 |
Havells India Ltd.1 | 122,536 | 1,130 |
HDFC Bank Ltd.1,2 | 1,149,293 | 16,935 |
HDFC Bank Ltd. (ADR)2 | 6,300 | 315 |
ICICI Bank Ltd.1,2 | 1,337,449 | 6,488 |
ICICI Bank Ltd. (ADR)2 | 1,529,268 | 15,033 |
Indian Energy Exchange Ltd.1 | 754,858 | 2,127 |
Info Edge (India) Ltd.1 | 115,580 | 5,697 |
Infosys Ltd.1 | 336,396 | 4,647 |
ITC Ltd.1 | 2,183,049 | 5,084 |
Kotak Mahindra Bank Ltd.1,2 | 663,229 | 11,416 |
Maruti Suzuki India Ltd.1 | 59,870 | 5,500 |
Nestlé India Ltd.1 | 7,822 | 1,688 |
Reliance Industries Ltd.1 | 1,001,934 | 30,516 |
TeamLease Services Ltd.1 | 287,437 | 8,556 |
United Spirits Ltd.1,2 | 795,950 | 5,588 |
Varun Beverages Ltd.1 | 347,669 | 3,306 |
Westlife Development Ltd.1,2 | 402,113 | 2,169 |
185,836 | ||
Indonesia 4.54% | ||
Astra International Tbk PT1 | 26,185,200 | 7,878 |
Bank BTPN Syariah Tbk PT1 | 34,623,859 | 7,666 |
Bank Central Asia Tbk PT1 | 2,115,660 | 3,861 |
Bank Mandiri (Persero) Tbk PT1 | 90,154,708 | 30,253 |
Bank Rakyat Indonesia (Persero) Tbk PT1 | 30,654,800 | 6,288 |
Elang Mahkota Teknologi Tbk PT1 | 28,359,535 | 14,302 |
PT Surya Citra Media Tbk1 | 135,652,444 | 11,142 |
Semen Indonesia (Persero) Tbk PT1 | 3,367,900 | 2,083 |
83,473 | ||
Philippines 1.36% | ||
Ayala Corp.1 | 677,970 | 9,635 |
Bloomberry Resorts Corp.1 | 54,034,364 | 8,182 |
International Container Terminal Services, Inc.1 | 3,162,076 | 7,178 |
24,995 |
Emerging Markets Growth Fund — Page 2 of 9
unaudited
Common stocks (continued) Asia-Pacific (continued) Singapore 0.68% | Shares | Value (000) |
Sea Ltd., Class A (ADR)2 | 34,863 | $5,370 |
Yoma Strategic Holdings Ltd.1 | 34,108,532 | 7,163 |
12,533 | ||
South Korea 3.75% | ||
Hugel, Inc.1,2 | 48,114 | 7,593 |
NAVER Corp.1 | 38,276 | 9,691 |
NCSoft Corp.1 | 2,735 | 1,884 |
NHN KCP Corp.1 | 106,563 | 6,249 |
Samsung Electronics Co., Ltd.1 | 562,392 | 28,337 |
Samsung Electronics Co., Ltd. (GDR)1,4 | 10,121 | 12,815 |
SK hynix, Inc.1 | 34,082 | 2,445 |
69,014 | ||
Taiwan 4.29% | ||
Delta Electronics, Inc.1 | 534,000 | 3,502 |
MediaTek Inc.1 | 480,042 | 10,122 |
Taiwan Semiconductor Manufacturing Company, Ltd.1 | 4,007,812 | 60,192 |
Vanguard International Semiconductor Corp.1 | 1,493,000 | 4,981 |
78,797 | ||
Thailand 0.05% | ||
Airports of Thailand PCL, foreign registered shares1 | 464,400 | 831 |
Vietnam 0.86% | ||
Masan Group Corp.1 | 2,875,120 | 6,799 |
Vinhomes JSC1,2 | 2,776,495 | 9,083 |
15,882 | ||
Total Asia-Pacific | 1,430,502 | |
Eastern Europe and Middle East 9.47% Belgium 0.12% | ||
Anheuser-Busch InBev SA/NV1 | 41,221 | 2,225 |
Hungary 0.29% | ||
Wizz Air Holdings PLC1,2 | 132,209 | 5,306 |
Kazakhstan 0.53% | ||
Halyk Savings Bank Of Kazakhstan OJSC (GDR)1,4 | 909,355 | 9,696 |
Poland 0.37% | ||
CD Projekt SA1,2 | 62,390 | 6,745 |
Russian Federation 7.92% | ||
Alrosa PJSC1 | 2,597,604 | 2,466 |
Baring Vostok Capital Fund IV Supplemental Fund, LP1,2,5,6,7,8 | 43,189,451 | 5,481 |
Baring Vostok Private Equity Fund IV, LP1,2,5,6,7,8 | 23,570,820 | 4,848 |
Detsky Mir PJSC1 | 8,921,687 | 13,501 |
Emerging Markets Growth Fund — Page 3 of 9
unaudited
Common stocks (continued) Eastern Europe and Middle East (continued) Russian Federation (continued) | Shares | Value (000) |
Moscow Exchange MICEX-RTS PJSC1 | 5,790,188 | $10,899 |
New Century Capital Partners, LP1,2,5,6,8 | 5,247,900 | 291 |
Rosneft Oil Company PJSC (GDR)1 | 918,400 | 4,506 |
Sberbank of Russia PJSC1,2 | 1,220,014 | 3,577 |
Sberbank of Russia PJSC (ADR)1,2 | 3,127,700 | 36,490 |
TCS Group Holding PLC (GDR)1,4 | 367,000 | 9,690 |
Yandex NV, Class A2 | 827,895 | 54,020 |
145,769 | ||
Slovenia 0.24% | ||
Nova Ljubljanska banka dd (GDR)1,2 | 498,794 | 4,338 |
Turkey 0.00% | ||
Aktas Elektrik Ticaret AS1,2,5 | 4,273 | —9 |
Total Eastern Europe and Middle East | 174,079 | |
Latin America 5.91% Argentina 0.39% | ||
Despegar.com, Corp.2 | 332,900 | 2,117 |
Loma Negra Compania Industrial Argentina SA (ADR)2 | 1,176,566 | 5,071 |
7,188 | ||
Brazil 3.95% | ||
Boa Vista Servicos SA2 | 1,326,775 | 3,305 |
BR Malls Participacoes SA, ordinary nominative2 | 1,022,348 | 1,526 |
CCR SA, ordinary nominative | 2,245,890 | 5,067 |
Cyrela Brazil Realty SA, ordinary nominative | 4,248,472 | 17,581 |
ENGIE Brasil Energia SA, ordinary nominative (ADR) | 6 | —9 |
Estre Ambiental Inc.4 | 591,120 | 26 |
Gerdau SA (ADR)3 | 554,600 | 2,052 |
Hypera SA, ordinary nominative | 2,165,256 | 11,497 |
Lojas Americanas SA, ordinary nominative | 787,577 | 3,422 |
Nexa Resources SA | 574,000 | 3,036 |
OdontoPrev SA, ordinary nominative | 570,000 | 1,218 |
PagSeguro Digital Ltd., Class A2,3 | 330,703 | 12,471 |
Petróleo Brasileiro SA (Petrobras), ordinary nominative (ADR) | 299,232 | 2,131 |
Vale SA, ordinary nominative | 516,178 | 5,433 |
Vale SA, ordinary nominative (ADR) | 359,923 | 3,808 |
72,573 | ||
Mexico 1.57% | ||
América Móvil, SAB de CV, Series L (ADR) | 1,205,846 | 15,061 |
Bolsa Mexicana de Valores, SAB de CV, Series A | 6,105,600 | 13,837 |
28,898 | ||
Total Latin America | 108,659 | |
Other markets 1.67% United Kingdom 0.67% | ||
Airtel Africa PLC1 | 7,245,400 | 5,417 |
British American Tobacco PLC1 | 127,000 | 4,565 |
Sedibelo Platinum Mines Ltd.1,2,5 | 17,665,800 | 2,388 |
12,370 |
Emerging Markets Growth Fund — Page 4 of 9
unaudited
Common stocks (continued) Other markets (continued) United States 1.00% | Shares | Value (000) |
Fabrinet, non-registered shares2 | 15,180 | $957 |
MercadoLibre, Inc.2 | 11,953 | 12,939 |
Philip Morris International Inc. | 47,274 | 3,545 |
Samsonite International SA1,2 | 961,665 | 981 |
18,422 | ||
Total Other markets | 30,792 | |
Africa 1.65% Federal Republic of Nigeria 0.43% | ||
Guaranty Trust Bank PLC1 | 134,690,960 | 7,790 |
South Africa 1.22% | ||
AngloGold Ashanti Ltd.1 | 259,297 | 6,774 |
Discovery Ltd.1 | 2,060,209 | 15,717 |
22,491 | ||
Total Africa | 30,281 | |
Total common stocks (cost: $1,271,251,000) | 1,774,313 | |
Preferred securities 0.57% Latin America 0.53% Brazil 0.53% | ||
Azul SA, preferred nominative (ADR)2,3 | 237,907 | 3,131 |
GOL Linhas Aéreas Inteligentes SA, preferred nominative2 | 569,400 | 1,732 |
GOL Linhas Aéreas Inteligentes SA, preferred nominative (ADR)2,3 | 535,000 | 3,263 |
Lojas Americanas SA, preferred nominative | 268,364 | 1,356 |
Petróleo Brasileiro SA (Petrobras), preferred nominative | 67,000 | 234 |
9,716 | ||
Asia-Pacific 0.04% South Korea 0.04% | ||
Samsung Electronics Co., Ltd., nonvoting preferred shares1 | 18,959 | 818 |
Total preferred securities (cost: $12,614,000) | 10,534 | |
Short-term securities 4.63% Money market investments 4.63% | ||
BlackRock Liquidity Funds – FedFund, Institutional Shares 0%10,11 | 11,150,470 | 11,151 |
Capital Group Central Cash Fund 0.12%10,12 | 490,690 | 49,074 |
Goldman Sachs Financial Square Government Fund, Institutional Shares 0%10,11 | 10,000,000 | 10,000 |
Invesco Short-Term Investments Trust – Government & Agency Portfolio, Institutional Class 0.02%10,11 | 12,996,404 | 12,996 |
Morgan Stanley Institutional Liquidity Funds – Government Portfolio, Institutional Class 0.02%10,11 | 2,000,000 | 2,000 |
85,221 | ||
Total short-term securities (cost: $85,220,000) | 85,221 | |
Total investment securities 101.67 % (cost: $1,369,085,000) | 1,870,068 | |
Other assets less liabilities (1.67)% | (30,749) | |
Net assets 100.00% | 1,839,319 |
Emerging Markets Growth Fund — Page 5 of 9
unaudited
Forward currency contracts
Contract amount | Counterparty | Settlement date | Unrealized appreciation at 9/30/2020 (000) | |
Purchases (000) | Sales (000) | |||
USD3,222 | BRL18,000 | Morgan Stanley | 10/30/2020 | $20 |
Investments in affiliates12
Value of affiliates at 7/1/2020 (000) | Additions (000) | Reductions (000) | Net realized gain (000) | Net unrealized appreciation (000) | Value of affiliates at 9/30/2020 (000) | Dividend income (000) | |
Short-term securities 2.67% | |||||||
Money market investments 2.67% | |||||||
Capital Group Central Cash Fund 0.12%10 | $20,231 | $108,574 | $79,731 | $— | $— | $49,074 | $13 |
1 | Valued under fair value procedures adopted by authority of the board of directors. The total value of all such securities was $1,351,949,000, which represented 73.50% of the net assets of the fund. This amount includes $1,338,941,000 related to certain securities trading outside the U.S. whose values were adjusted as a result of significant market movements following the close of local trading. |
2 | Security did not produce income during the last 12 months. |
3 | All or a portion of this security was on loan. The total value of all such securities was $34,859,000, which represented 1.90% of the net assets of the fund. |
4 | 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 $28,293,000, which represented 1.54% of the net assets of the fund. |
5 | Value determined using significant unobservable inputs. |
6 | Cost and market value do not include prior distributions to the fund from income or proceeds realized from securities held by the private equity fund. Therefore, the cost and market value may not be indicative of the private equity fund’s performance. For private equity funds structured as limited partnerships, shares are not applicable and therefore the fund’s interest in the partnership is reported. |
7 | Excludes an unfunded capital commitment representing an agreement which obligates the fund to meet capital calls in the future. Capital calls can only be made if and when certain requirements have been fulfilled; thus, the timing and the amount of such capital calls cannot readily be determined. |
8 | Acquired through a private placement transaction exempt from registration under the Securities Act of 1933. May be subject to legal or contractual restrictions on resale. Further details on these holdings appear below. |
9 | Amount less than one thousand. |
10 | Rate represents the seven-day yield at 9/30/2020. |
11 | Security purchased with cash collateral from securities on loan. |
12 | Part of the same group of investment companies as the fund as defined under the Investment Company Act of 1940. |
Private placement securities | Acquisition date(s) | Cost (000) | Value (000) | Percent of net assets |
Baring Vostok Capital Fund IV Supplemental Fund, LP | 10/8/2007-8/29/2019 | $31,625 | $5,481 | .30% |
Baring Vostok Private Equity Fund IV, LP | 4/25/2007-8/29/2019 | 15,428 | 4,848 | .26 |
New Century Capital Partners, LP | 12/7/1995 | — | 291 | .02 |
Total private placement securities | $ 47,053 | $ 10,620 | .58% |
Emerging Markets Growth Fund — Page 6 of 9
unaudited
Valuation disclosures
Capital International, Inc. (“CIInc”), 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 of each share class of the fund is generally determined as of approximately 4:00 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.
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. Forward currency contracts are valued based on the spot and forward exchange rates obtained from one or more pricing vendors. The average month-end notional amount of open forward currency contracts while held was $4,119,000.
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 directors 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 directors 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
Emerging Markets Growth Fund — Page 7 of 9
unaudited
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 directors. 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, including an annual control self-evaluation program facilitated by the investment adviser’s compliance 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 September 30, 2020 (dollars in thousands):
Investment securities | ||||
Level 1 | Level 2 | Level 3 | Total | |
Assets: | ||||
Common stocks: | ||||
Asia-Pacific | $243,062 | $1,187,440 | $— | $1,430,502 |
Eastern Europe and Middle East | 54,020 | 109,439 | 10,620 | 174,079 |
Latin America | 108,659 | — | — | 108,659 |
Other markets | 17,441 | 10,963 | 2,388 | 30,792 |
Africa | — | 30,281 | — | 30,281 |
Preferred securities | 9,716 | 818 | — | 10,534 |
Short-term securities | 85,221 | — | — | 85,221 |
Total | $518,119 | $1,338,941 | $13,008 | $1,870,068 |
* | Amount less than one thousand. |
Other investments | ||||
Level 1 | Level 2 | Level 3 | Total | |
Assets: | ||||
Unrealized appreciation on open forward currency contracts | $— | $20 | $— | $20 |
Key to abbreviations |
ADR = American Depositary Receipts |
GDR = Global Depositary Receipts |
BRL = Brazilian reais |
Emerging Markets Growth Fund — Page 8 of 9
unaudited
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.
© 2020 Capital Group. All rights reserved.
MFGEFP1-015-1120O-S78008 | Emerging Markets Growth Fund — Page 9 of 9 |