Today's investment environment requires a truly global perspective, a vision that takes into account the changing nature of the world's economies and markets. Because multinational or global companies now represent a driving force in worldwide economic integration, it may no longer be sufficient to follow the traditional paradigm of investing in companies based on their country of domicile. The domicile approach to measuring geographic exposures - one of the primary building blocks of asset allocation - arguably is less relevant and increasingly disconnected from the fundamentals that drive companies and portfolios. We believe an additional way to look at companies, and evaluate portfolios, is to consider where those companies do business, not where they are headquartered - an approach that contributes to a 'new geography of investing'.

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Company Profile
Founded in the US in 1931, Capital Group is one of the world's largest independent investment managers, with around $1.4 trillion* under management. Investment management is our only business. Throughout our 84-year history, our aim has always been to deliver superior, consistent results for long-term investors. The stability of our privately owned organisation and our singular investment focus have enabled us to maintain a long-term perspective over the decades. We believe this helps to align our goals with the interests of our clients. The majority of our portfolio managers and analysts have witnessed several market cycles and have been with Capital for many years. Our active investment process is designed to enable individual investment professionals to act on their highest convictions, thus limiting the risk associated with isolated decision-making. Fundamental proprietary research provided by our global network of experienced investment analysts forms the backbone of our approach. We build our investment strategies with durability in mind, backed by our experience in varying market conditions. To this end, we believe that our strategies are well suited to deal with today's challenges of looking for sources of income in a lower-yielding environment and accessing growth with a less volatile profile of returns.
* As at June 2015