Portfolio Series - American Funds Global Growth Portfolio
Data updated: 2026-08-27
C000154332 — Portfolio Series - American Funds Global Growth Portfolio. Holdings, fees, performance and SEC filings.
C000154332 Fund Overview
Portfolio Series - American Funds Global Growth Portfolio is a US mutual fund managed by American Funds Insurance Series, categorised as United States Multi-Cap / All-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: United States Multi-Cap / All-Cap Growth Equity
- Assets under management: $89.13M
- 1-year return: 26.5%
- SEC CIK: 0000729528
- SEC series ID: S000048970
- Share class ID: C000154332
C000154332 Investment Objective and Strategy
Portfolio Series - American Funds Global Growth Portfolio describes its objective and strategy as follows, from its latest prospectus filed with the SEC by American Funds Insurance Series.
Investment objective
The funds investment objective is to provide long-term growth of capital.
Principal investment strategy
The fund will attempt to achieve its investment objective by investing in a mix of American Funds Insurance Series (AFIS) funds in different combinations and weightings. The underlying AFIS funds will primarily consist of growth funds. The fund may also invest in growth-and-income funds. Through its investments in the underlying funds, the fund will have significant exposure to growth-oriented common stocks. The fund will invest primarily in funds that invest significantly in issuers domiciled outside the United States. Through the underlying funds in which it invests, the fund will have significant exposure to issuers domiciled outside the United States, including exposure to issuers domiciled in at least three different countries. The fund may also have exposure to issuers domiciled in emerging markets, including small capitalization issuers.
The investment adviser believes that exposure to issuers domiciled outside the United States can help provide diversification when seeking long-term growth of capital. The fund may also invest in underlying funds that hold debt securities rated BB+ or below and Ba1 or below by Nationally Recognized Statistical Rating Organizations designated by the funds investment adviser, or unrated but determined by the funds investment adviser to be of equivalent quality. Debt securities rated BB+ or below and Ba1 or below are sometimes referred to as junk bonds. The funds investment adviser seeks to create combinations of underlying funds that complement each other with a goal of achieving the funds investment objective of providing long-term growth of capital. In making this determination, the funds investment adviser considers the historical volatility and returns of the underlying funds and how various combinations would have behaved in past market environments.
It also considers, among other topics, current market conditions and the investment positions of the underlying funds. The funds investment adviser periodically reviews the investment strategies and asset mix of the underlying funds. The investment adviser will also consider whether overall market conditions would favor a change in the exposure of the fund to various asset types or geographic regions. Based on these considerations, the investment adviser may make adjustments to underlying fund holdings by adjusting the percentage of individual underlying funds within the fund, or adding or removing underlying funds. The investment adviser may also determine not to change the underlying fund allocations, particularly in response to short-term market movements, if in its opinion the combination of underlying funds is appropriate to meet the funds investment objective.
C000154332 Holdings
Top 6 holdings of Portfolio Series - American Funds Global Growth Portfolio by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| American Funds Insurance Series - Global Growth Fund | 30.18% |
| American Funds Insurance Series - Growth Fund | 19.95% |
| Afis Capital World Growth And Income Fund | 19.76% |
| American Funds Insurance Series - Smallcap World Fund (viscwf) | 15.19% |
| American Funds Insurance Series - Eupac Fund (vieupac) | 9.97% |
| American Funds Insurance Series - New World Fund | 5.03% |
C000154332 Portfolio Allocation
Asset-class allocation of Portfolio Series - American Funds Global Growth Portfolio by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 100.1% |
C000154332 Performance
Total returns for C000154332 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 15.6% |
| 1 year | 26.5% |
| 3 years (annualised) | 19.4% |
| 5 years (annualised) | 8.6% |
C000154332 Risk Information
Risk metrics for C000154332, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 16.0%
C000154332 Costs and Fees
C000154332 costs about $95 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.95%
- Gross expense ratio: 0.95%
- Portfolio turnover: 12%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
C000154332 Cashflows
Over the 12 months to 2026-06, Portfolio Series - American Funds Global Growth Portfolio had net outflows of $2.20M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | $4.61M |
| 2026-05 | −$803.85K |
| 2026-04 | −$738.12K |
| 2026-03 | −$450.87K |
| 2026-02 | −$905.16K |
| 2026-01 | −$640.64K |
C000154332 Debt Constituents
No individual debt constituents are reported in Portfolio Series - American Funds Global Growth Portfolio's latest SEC N-PORT filing.
C000154332 Prospectus and SEC Filings
Official Portfolio Series - American Funds Global Growth Portfolio filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-04-30
- Prospectus (485BPOS) — filed 2025-04-30
- Prospectus (485BPOS) — filed 2024-04-30
- Portfolio holdings (N-PORT) — filed 2026-08-27
- Portfolio holdings (N-PORT) — filed 2026-05-28
- Portfolio holdings (N-PORT) — filed 2026-02-26
- Annual census (N-CEN) — filed 2026-03-16
- Annual census (N-CEN) — filed 2025-03-17
Related Funds
Other United States Multi-Cap / All-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.