Global Growth Fund

Data updated: 2026-05-28

C000023903 — Global Growth Fund data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. Global (incl. US) Large Cap Growth Equity · $8.65B AUM · 0.40% expense ratio · 21.3% 1-yr return. From SEC regulatory filings.

C000023903 Fund Overview

Global Growth Fund is a US mutual fund managed by American Funds Insurance Series, categorised as Global (incl. US) Large Cap Growth Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

  • Type: US mutual fund
  • Manager: American Funds Insurance Series
  • Category: Global (incl. US) Large Cap Growth Equity
  • Assets under management: $8.65B
  • 1-year return: 21.3%
  • SEC CIK: 0000729528
  • SEC series ID: S000008786
  • Share class ID: C000023903

C000023903 Holdings

Top 10 holdings of Global Growth Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.

Holding% of net assets
Taiwan Semiconductor Manufacturing Co. Ltd.6.38%
Sk Hynix, Inc.3.35%
Micron Technology, Inc.3.24%
Broadcom, Inc.3.12%
Capital Group Central Cash Fund2.01%
Microsoft Corp.2.00%
Alphabet, Inc.1.89%
NVIDIA Corp.1.60%
Citigroup, Inc.1.41%
Asml Holding NV1.39%

View all C000023903 holdings

C000023903 Portfolio Allocation

Asset-class allocation of Global Growth Fund by percentage of net assets, from the latest SEC N-PORT filing.

Asset classAllocation
Equity97.2%
Cash & Equivalents2.0%

C000023903 Performance

Total returns for C000023903 (as of 2026-08-01), from SEC filings.

PeriodTotal return
YTD-3.2%
1 year21.3%
3 years (annualised)14.6%
5 years (annualised)7.0%

C000023903 Risk Information

Risk metrics for C000023903, derived from monthly returns in SEC filings.

  • 1-year volatility (annualised): 14.8%

C000023903 Costs and Fees

C000023903 costs about $40 per $10,000 invested per year in fund expenses.

  • Net expense ratio: 0.40%
  • Gross expense ratio: 0.51%
  • Portfolio turnover: 45%
  • Brokerage commissions: 2.79 bps of average net assets (SEC N-CEN)

C000023903 Cashflows

Over the 12 months to 2026-03, Global Growth Fund had net inflows of $535.17M, from monthly SEC N-PORT filings.

MonthNet flow
2026-03−$63.12M
2026-02−$67.14M
2026-01−$79.19M
2025-12$40.79M
2025-11$61.03M
2025-10−$79.16M

C000023903 Debt Constituents

No individual debt constituents are reported in Global Growth Fund's latest SEC N-PORT filing.

C000023903 Prospectus and SEC Filings

Official Global Growth Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

Related Funds

Other Global (incl. US) Large Cap Growth Equity funds tracked on ABC INVEST:

Data Sources

ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.