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EUPAC Fund
2026-03-31
EUPAC Fund™
Class A
AEPGX
This annual shareholder report contains important information about EUPAC Fund<div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"> </div>(the "fund") for the period from April 1, 2025 to March 31, 2026.
annual shareholder report
You can find additional information about the fund at <div style="text-decoration-line: underline; font-family: "Times New Roman"; color: rgb(0, 95, 158); font-size: 10pt; line-height: 13pt; letter-spacing: -0.05pt; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">capitalgroup.com/mutual-fund-literature-A</div></div>. You can also request this information by contacting us at <div style="background-color: rgb(255, 255, 255); letter-spacing: 0px; top: 0px;display:inline;">(800) 421-4225</div>.
capitalgroup.com/mutual-fund-literature-A
(800) 421-4225
This report describes changes to the fund that occurred during the reporting period.
<div style="margin-bottom: 6pt;">
<div style="margin-top: 0; letter-spacing: normal; text-transform: none; font-family: 'Arial'; font-weight: normal; font-size: 10pt; line-height: 13pt; color: rgb(0, 0, 0); margin-bottom: 0;"><div style="font-family: 'Times New Roman'; font-size: 11pt; line-height: 13pt; color: rgb(0, 95, 158);font-weight:bolder;display:inline;width:100%;">What were the fund costs for the last year?</div> (based on a hypothetical $10,000 investment)</div>
</div>
<div style="margin-bottom: 4pt;">
<table style="text-align:start; break-inside: avoid; table-layout: auto; width: 100%; border-collapse: collapse; border-bottom-color: rgb(153, 153, 153); border-bottom-style: solid; border-bottom-width: 0.5pt; margin-bottom: 3pt;">
<tr style="break-after: avoid; border-bottom-style: none; border-bottom-width: initial; break-inside: avoid-page; background-color: rgb(0, 95, 158); border-right-color: rgb(255, 255, 255); border-right-style: solid; border-right-width: 0.5pt; height: 19.008pt; border-bottom-color: initial;">
<td style="break-inside: avoid-page; padding: 3pt 6pt; font-size: 10pt; line-height: 10pt; width: 126.9pt; font-family: "Times New Roman"; text-align: center; vertical-align: middle; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255);"><div style="font-weight:bolder;display:inline;">Share class</div></td>
<td style="break-inside: avoid-page; padding: 3pt 6pt; font-size: 10pt; line-height: 10pt; width: 171.072pt; font-family: "Times New Roman"; text-align: center; vertical-align: middle; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255);"><div style="font-weight:bolder;display:inline;">Costs of a $10,000 investment</div></td>
<td style="break-inside: avoid-page; padding: 3pt 0px; font-size: 10pt; line-height: 10pt; width: 267.948pt; font-family: "Times New Roman"; text-align: center; vertical-align: middle; color: rgb(255, 255, 255); border-right: initial initial;"><div style="font-weight:bolder;display:inline;">Costs paid as a percentage of a $10,000 investment</div></td>
</tr>
<tr style="border-bottom-width: initial; border-bottom-style: none; break-inside: avoid-page; height: 20pt; border-bottom-color: initial;">
<td style="break-inside: avoid-page; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; font-size: 10pt; line-height: 10pt; font-family: 'Arial'; text-align: center; width: 126.9pt; color: rgb(0, 0, 0); padding-right: 6pt; padding-left: 6pt; vertical-align: bottom;">Class A</td>
<td style="break-inside: avoid-page; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; font-family: 'Arial'; font-size: 10pt; line-height: 10pt; text-align: center; width: 171.072pt; color: rgb(0, 0, 0); padding-right: 6pt; padding-left: 6pt; vertical-align: bottom;"><div style="float: none; letter-spacing: 0px; top: 0px;display:inline;">$</div>91</td>
<td style="break-inside: avoid-page; white-space: nowrap; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; font-size: 10pt; line-height: 10pt; font-family: 'Arial'; text-align: center; width: 267.948pt; color: rgb(0, 0, 0); padding-right: 0; padding-left: 0; vertical-align: bottom;">0.82<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
</tr>
</table>
</div>
91
0.0082
<div style="font-family: 'Times New Roman'; font-weight: bold; font-size: 11pt; line-height: 12pt; letter-spacing: normal; text-transform: none; color: rgb(0, 95, 158); padding-top: 0; margin-top: 0; margin-bottom: 2.0016pt;">Management's discussion of fund performance</div>
<div style="margin-top: 0; font-weight: normal; font-family: 'Arial'; font-size: 9pt; line-height: 11pt; letter-spacing: -0.04pt; color: rgb(0, 0, 0); margin-bottom: 4.0032pt;">The fund’s Class A shares gained 21.87% for the year ended March 31, 2026. That result compares with a 24.91% gain for the MSCI ACWI (All Country World Index) ex USA. For information on returns for additional periods, including the fund lifetime, please refer to <div style="text-decoration-line: underline; font-family: "Times New Roman"; color: rgb(0, 95, 158); font-size: 9pt; line-height: 11pt; letter-spacing: -0.04pt;display:inline;"><div style="font-weight:bolder;display:inline;">capitalgroup.com/mutual-fund-returns-A</div></div>.</div>
<div style="margin-bottom: 2.0016pt; font-family: 'Times New Roman'; font-weight: bold; font-size: 10pt; line-height: 10pt; letter-spacing: normal; text-transform: none; color: rgb(0, 0, 0); padding-top: 0; margin-top: 6pt;">What factors influenced results</div>
<div style="margin-top: 0; font-weight: normal; font-family: 'Arial'; font-size: 9pt; line-height: 11pt; letter-spacing: -0.04pt; color: rgb(0, 0, 0); margin-bottom: 4.0032pt;">International equity markets delivered strong gains during the during the one-year period ended March 31, 2026, remaining resilient despite persistent trade tensions. However, momentum slowed late in the period as the Middle East conflict led to an energy crisis. Equities in the U.K. and Japan advanced but pulled back sharply in March. Chinese equities posted modest gains, while Indian stocks declined.</div>
<div style="margin-top: 0; font-weight: normal; font-family: 'Arial'; font-size: 9pt; line-height: 11pt; letter-spacing: -0.04pt; color: rgb(0, 0, 0); margin-bottom: 4.0032pt;">Within the fund, most sectors contributed to the portfolio, with information technology being the most additive. Returns from the financials, industrials and materials sectors were also positive. Conversely, holdings in the health care and consumer discretionary sectors saw negative results during the period. </div>
<div style="margin-top: 0; font-weight: normal; font-family: 'Arial'; font-size: 9pt; line-height: 11pt; letter-spacing: -0.04pt; color: rgb(0, 0, 0); margin-bottom: 4.0032pt;">Geographically, investments in companies based in Taiwan, Canada and South Korea contributed significantly to absolute returns. Shares of companies in Denmark, India and China posted negative overall returns. </div>
<img alt="Fund Performance - Growth of 10K" src="chartimages_1584660.jpg" style="display: block; margin-left: auto; margin-right: auto; width: 550pt;"/>
<div style="border-bottom-width: initial; border-bottom-style: none; font-family: 'Times New Roman'; font-weight: bold; font-size: 10pt; line-height: 10pt; text-align: left; letter-spacing: normal; text-transform: none; color: rgb(0, 0, 0); border-bottom-color: initial; padding-bottom: 0; margin-bottom: 4pt; margin-top: 0;">Average annual total returns</div>
<table style="text-align:start; break-inside: avoid; table-layout: auto; width: 100%; border-collapse: collapse;">
<tr style="break-after: avoid; border-bottom-style: solid; border-bottom-width: 0.5pt; break-inside: avoid-page; background-color: rgb(0, 95, 158); border-right-color: rgb(255, 255, 255); border-right-style: solid; border-right-width: 0.5pt; height: 16.9992pt; border-bottom-color: rgb(153, 153, 153);">
<td style="break-inside: avoid-page; padding: 0px 2pt; white-space: nowrap; font-family: "Times New Roman"; font-size: 10pt; line-height: 10pt; text-align: center; vertical-align: middle; color: rgb(0, 0, 0); border-right: initial initial; background-color: rgb(223, 229, 240);"><div style="display:inline;"></div></td>
<td style="break-inside: avoid-page; padding: 0px 5pt; width: 64pt; font-family: "Times New Roman"; font-size: 10pt; line-height: 10pt; text-align: center; vertical-align: middle; white-space: nowrap; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255); background-color: rgb(0, 95, 158);"><div style="font-weight:bolder;display:inline;">1 year</div></td>
<td style="break-inside: avoid-page; padding: 0px 5pt; width: 64pt; font-family: "Times New Roman"; font-size: 10pt; line-height: 10pt; text-align: center; vertical-align: middle; white-space: nowrap; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255); background-color: rgb(0, 95, 158);"><div style="font-weight:bolder;display:inline;">5 years</div></td>
<td style="break-inside: avoid-page; padding: 0px 5pt; width: 64pt; font-family: "Times New Roman"; font-size: 10pt; line-height: 10pt; text-align: center; vertical-align: middle; white-space: nowrap; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255); background-color: rgb(0, 95, 158);"><div style="font-weight:bolder;display:inline;">10 years</div></td>
</tr>
<tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: auto; border-bottom-color: rgb(153, 153, 153); background-color: rgb(255, 255, 255);">
<td style="break-inside: avoid-page; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; vertical-align: middle; padding-top: 3pt; padding-right: 0; padding-bottom: 3pt; padding-left: 2pt;">EUPAC Fund — Class A (with sales <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">charge)</div><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"><div style=";display:inline;vertical-align: super;font-size:8.3px">*</div></div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">14.87<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">2.48<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">7.37<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
</tr>
<tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: auto; border-bottom-color: rgb(153, 153, 153); background-color: rgb(255, 255, 255);">
<td style="break-inside: avoid-page; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; vertical-align: middle; padding-top: 3pt; padding-right: 0; padding-bottom: 3pt; padding-left: 2pt;">EUPAC Fund — Class A (without sales <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">charge)</div><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"><div style=";display:inline;vertical-align: super;font-size:8.3px">*</div></div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">21.87<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">3.70<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">8.01<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
</tr>
<tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: auto; border-bottom-color: rgb(153, 153, 153); background-color: rgb(255, 255, 255);">
<td style="break-inside: avoid-page; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; vertical-align: middle; padding-top: 3pt; padding-right: 0; padding-bottom: 3pt; padding-left: 2pt;">MSCI ACWI (All Country World Index) ex <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">USA</div><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"><div style=";display:inline;vertical-align: super;font-size:8.3px">†</div></div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">24.91<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">7.02<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">8.38<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
</tr>
</table>
<div style="margin-top: 0; font-family: 'Arial'; font-weight: normal; font-size: 8pt; line-height: 10pt; color: rgb(0, 0, 0); margin-bottom: 0; margin-left: 5pt; text-indent: -5pt;"><div style=";display:inline;vertical-align: super;font-size:7.4px">*</div> Investment results assume all distributions are reinvested and reflect applicable fees and expenses. When applicable, results reflect fee waivers and/or expense reimbursements, without which they would have been lower.</div>
<div style="margin-top: 0; font-family: 'Arial'; font-weight: normal; font-size: 8pt; line-height: 10pt; color: rgb(0, 0, 0); margin-bottom: 0; margin-left: 5pt; text-indent: -5pt;"><div style=";display:inline;vertical-align: super;font-size:7.4px">†</div> Results assume all distributions are reinvested. Any market index shown is unmanaged, and therefore, has no expenses. Investors cannot invest directly in an index. Source(s): MSCI.</div>
EUPAC Fund — Class A (with sales charge)
0.1487
0.0248
0.0737
EUPAC Fund — Class A (without sales charge)
0.2187
0.037
0.0801
MSCI ACWI (All Country World Index) ex USA
0.2491
0.0702
0.0838
The fund’s past performance is not a predictor of its future performance.
The line chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares.
<div style="text-transform: none; margin-bottom: 2.0016pt; font-family: 'Times New Roman'; font-weight: bold; font-size: 11pt; line-height: 11pt; letter-spacing: normal; color: rgb(0, 95, 158); margin-top: 10pt;">Key fund statistics</div>
<div style="margin-bottom: 14pt; width: auto; padding-left: 0;">
<table style="text-align:start; width: 100%; border-collapse: collapse; break-inside: avoid;">
<tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; border-bottom-color: rgb(153, 153, 153); height: auto; border-top-color: rgb(153, 153, 153); border-top-style: solid; border-top-width: 0.5pt;">
<td style="break-inside: avoid-page; vertical-align: middle; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; width: 70%; font-weight: normal;">Fund net assets (in millions)</td>
<td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0);"><div style="float: none; letter-spacing: 0px; top: 0px;display:inline;">$</div>126,761</td>
</tr>
<tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; border-bottom-color: rgb(153, 153, 153); height: auto;">
<td style="break-inside: avoid-page; vertical-align: middle; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; width: 70%; font-weight: normal;">Total number of portfolio holdings</td>
<td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0);">387</td>
</tr>
<tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; border-bottom-color: rgb(153, 153, 153); height: auto;">
<td style="break-inside: avoid-page; vertical-align: middle; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; width: 70%; font-weight: normal;">Total advisory fees paid (in millions)</td>
<td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0);"><div style="float: none; letter-spacing: 0px; top: 0px;display:inline;">$</div>558</td>
</tr>
<tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; border-bottom-color: rgb(153, 153, 153); height: auto;">
<td style="break-inside: avoid-page; vertical-align: middle; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; width: 70%; font-weight: normal;">Portfolio turnover rate</td>
<td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0);">50<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
</tr>
</table>
</div>
126761000000
387
558000000
0.50
<div style="border-bottom-width: initial; border-bottom-style: none; font-family: 'Arial'; font-weight: normal; font-size: 10pt; line-height: 11pt; letter-spacing: normal; text-transform: none; text-align: left; color: rgb(0, 0, 0); margin-top: 10pt; margin-bottom: 2.0016pt; padding-bottom: 0; border-bottom-color: initial; padding-left: 27pt;"><div style="font-family: 'Times New Roman'; font-size: 11pt; line-height: 11pt; letter-spacing: normal; text-transform: none; text-align: left; color: rgb(0, 95, 158); margin-top: 10pt; margin-bottom: 3pt; padding-bottom: 0; border-bottom-color: initial; border-bottom-style: none; border-bottom-width: initial;font-weight:bolder;display:inline;">Portfolio <div style="display:inline;">holdings </div>by sector </div>(percent of net assets)</div>
<div style="padding-right: 0; display: inline-block; padding-left: 25pt;"><img alt="Graphical Representation - Allocation 1 Chart" src="chartimages_1584666.jpg" style="float: right; width: 300pt;"/> </div>
<div style="font-family: 'Times New Roman'; font-weight: bold; font-size: 11pt; line-height: 12pt; letter-spacing: normal; text-transform: none; color: rgb(0, 95, 158); padding-top: 0; margin-top: 0; margin-bottom: 2.0016pt;">Material fund <div style="display:inline;">changes</div></div>
<div style="margin-top: 0; font-family: 'Arial'; font-weight: normal; font-size: 9pt; line-height: 11pt; color: rgb(0, 0, 0); padding-bottom: 9pt; margin-bottom: 0;">This is a summary of certain changes to the fund since April 1, 2025. For more complete information, you may review the fund’s next prospectus, which we expect to be available by June 1, 2026 at <div style="text-decoration-line: underline; font-family: "Times New Roman"; color: rgb(0, 95, 158); font-size: 10pt; line-height: 13pt; letter-spacing: -0.05pt; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">capitalgroup.com/mutual-fund-literature-A</div></div> or upon request at <div style="letter-spacing: 0px; top: 0px;display:inline;">(800) 421-4225</div><div style="letter-spacing: 0px; top: 0px;display:inline;">.</div></div>
<div style="margin-top: 0; font-family: 'Arial'; font-weight: normal; font-size: 9pt; line-height: 11pt; color: rgb(0, 0, 0); padding-bottom: 9pt; margin-bottom: 0;">Effective June 1, 2025, the fund name is EUPAC Fund. </div>
This is a summary of certain changes to the fund since April 1, 2025. For more complete information, you may review the fund’s next prospectus, which we expect to be available by June 1, 2026 at <div style="text-decoration-line: underline; font-family: "Times New Roman"; color: rgb(0, 95, 158); font-size: 10pt; line-height: 13pt; letter-spacing: -0.05pt; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">capitalgroup.com/mutual-fund-literature-A</div></div> or upon request at <div style="letter-spacing: 0px; top: 0px;display:inline;">(800) 421-4225</div><div style="letter-spacing: 0px; top: 0px;display:inline;">.</div>
2025-04-01
capitalgroup.com/mutual-fund-literature-A
(800) 421-4225
Effective June 1, 2025, the fund name is EUPAC Fund.
EUPAC Fund™
Class C
AEPCX
This annual shareholder report contains important information about EUPAC Fund (the "fund") for the period from April 1, 2025 to March 31, 2026.
annual shareholder report
You can find additional information about the fund at <div style="text-decoration-line: underline; font-family: "Times New Roman"; color: rgb(0, 95, 158); font-size: 10pt; line-height: 13pt; letter-spacing: -0.05pt; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">capitalgroup.com/mutual-fund-literature-C</div></div>. You can also request this information by contacting us at <div style="display:inline;">(800) 421-4225</div><div style="display:inline;">.</div>
capitalgroup.com/mutual-fund-literature-C
(800) 421-4225
This report describes changes to the fund that occurred during the reporting period.
<div style="margin-bottom: 6pt;">
<div style="margin-top: 0; letter-spacing: normal; text-transform: none; font-family: 'Arial'; font-weight: normal; font-size: 10pt; line-height: 13pt; color: rgb(0, 0, 0); margin-bottom: 0;"><div style="font-family: 'Times New Roman'; font-size: 11pt; line-height: 13pt; color: rgb(0, 95, 158);font-weight:bolder;display:inline;width:100%;">What were the fund costs for the last year?</div> (based on a hypothetical $10,000 investment)</div>
</div>
<div style="margin-bottom: 4pt;">
<table style="text-align:start; break-inside: avoid; table-layout: auto; width: 100%; border-collapse: collapse; border-bottom-color: rgb(153, 153, 153); border-bottom-style: solid; border-bottom-width: 0.5pt; margin-bottom: 3pt;">
<tr style="break-after: avoid; border-bottom-style: none; border-bottom-width: initial; break-inside: avoid-page; background-color: rgb(0, 95, 158); border-right-color: rgb(255, 255, 255); border-right-style: solid; border-right-width: 0.5pt; height: 19.008pt; border-bottom-color: initial;">
<td style="break-inside: avoid-page; padding: 3pt 6pt; font-size: 10pt; line-height: 10pt; width: 126.9pt; font-family: "Times New Roman"; text-align: center; vertical-align: middle; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255);"><div style="font-weight:bolder;display:inline;">Share class</div></td>
<td style="break-inside: avoid-page; padding: 3pt 6pt; font-size: 10pt; line-height: 10pt; width: 171.072pt; font-family: "Times New Roman"; text-align: center; vertical-align: middle; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255);"><div style="font-weight:bolder;display:inline;">Costs of a $10,000 investment</div></td>
<td style="break-inside: avoid-page; padding: 3pt 0px; font-size: 10pt; line-height: 10pt; width: 267.948pt; font-family: "Times New Roman"; text-align: center; vertical-align: middle; color: rgb(255, 255, 255); border-right: initial initial;"><div style="font-weight:bolder;display:inline;">Costs paid as a percentage of a $10,000 investment</div></td>
</tr>
<tr style="border-bottom-width: initial; border-bottom-style: none; break-inside: avoid-page; height: 20pt; border-bottom-color: initial;">
<td style="break-inside: avoid-page; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; font-size: 10pt; line-height: 10pt; font-family: 'Arial'; text-align: center; width: 126.9pt; color: rgb(0, 0, 0); padding-right: 6pt; padding-left: 6pt; vertical-align: bottom;">Class C</td>
<td style="break-inside: avoid-page; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; font-family: 'Arial'; font-size: 10pt; line-height: 10pt; text-align: center; width: 171.072pt; color: rgb(0, 0, 0); padding-right: 6pt; padding-left: 6pt; vertical-align: bottom;"><div style="float: none; letter-spacing: 0px; top: 0px;display:inline;">$</div>173</td>
<td style="break-inside: avoid-page; white-space: nowrap; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; font-size: 10pt; line-height: 10pt; font-family: 'Arial'; text-align: center; width: 267.948pt; color: rgb(0, 0, 0); padding-right: 0; padding-left: 0; vertical-align: bottom;">1.57<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
</tr>
</table>
</div>
173
0.0157
<div style="font-family: 'Times New Roman'; font-weight: bold; font-size: 11pt; line-height: 12pt; letter-spacing: normal; text-transform: none; color: rgb(0, 95, 158); padding-top: 0; margin-top: 0; margin-bottom: 2.0016pt;">Management's discussion of fund performance</div>
<div style="margin-top: 0; font-weight: normal; font-family: 'Arial'; font-size: 9pt; line-height: 11pt; letter-spacing: -0.04pt; color: rgb(0, 0, 0); margin-bottom: 4.0032pt;">The fund’s Class C shares gained 20.96% for the year ended March 31, 2026. That result compares with a 24.91% gain for the MSCI ACWI (All Country World Index) ex USA. For information on returns for additional periods, including the fund lifetime, please refer to <div style="text-decoration-line: underline; font-family: "Times New Roman"; color: rgb(0, 95, 158); font-size: 9pt; line-height: 11pt; letter-spacing: -0.04pt;display:inline;"><div style="font-weight:bolder;display:inline;">capitalgroup.com/mutual-fund-returns-C</div></div>.</div>
<div style="margin-bottom: 2.0016pt; font-family: 'Times New Roman'; font-weight: bold; font-size: 10pt; line-height: 10pt; letter-spacing: normal; text-transform: none; color: rgb(0, 0, 0); padding-top: 0; margin-top: 6pt;">What factors influenced results</div>
<div style="margin-top: 0; font-weight: normal; font-family: 'Arial'; font-size: 9pt; line-height: 11pt; letter-spacing: -0.04pt; color: rgb(0, 0, 0); margin-bottom: 4.0032pt;">International equity markets delivered strong gains during the during the one-year period ended March 31, 2026, remaining resilient despite persistent trade tensions. However, momentum slowed late in the period as the Middle East conflict led to an energy crisis. Equities in the U.K. and Japan advanced but pulled back sharply in March. Chinese equities posted modest gains, while Indian stocks declined.</div>
<div style="margin-top: 0; font-weight: normal; font-family: 'Arial'; font-size: 9pt; line-height: 11pt; letter-spacing: -0.04pt; color: rgb(0, 0, 0); margin-bottom: 4.0032pt;">Within the fund, most sectors contributed to the portfolio, with information technology being the most additive. Returns from the financials, industrials and materials sectors were also positive. Conversely, holdings in the health care and consumer discretionary sectors saw negative results during the period. </div>
<div style="margin-top: 0; font-weight: normal; font-family: 'Arial'; font-size: 9pt; line-height: 11pt; letter-spacing: -0.04pt; color: rgb(0, 0, 0); margin-bottom: 4.0032pt;">Geographically, investments in companies based in Taiwan, Canada and South Korea contributed significantly to absolute returns. Shares of companies in Denmark, India and China posted negative overall returns. </div>
<img alt="Fund Performance - Growth of 10K" src="chartimages_1584704.jpg" style="display: block; margin-left: auto; margin-right: auto; width: 550pt;"/>
<div style="border-bottom-width: initial; border-bottom-style: none; font-family: 'Times New Roman'; font-weight: bold; font-size: 10pt; line-height: 10pt; text-align: left; letter-spacing: normal; text-transform: none; color: rgb(0, 0, 0); border-bottom-color: initial; padding-bottom: 0; margin-bottom: 4pt; margin-top: 0;">Average annual total returns</div>
<table style="text-align:start; break-inside: avoid; table-layout: auto; width: 100%; border-collapse: collapse;">
<tr style="break-after: avoid; border-bottom-style: solid; border-bottom-width: 0.5pt; break-inside: avoid-page; background-color: rgb(0, 95, 158); border-right-color: rgb(255, 255, 255); border-right-style: solid; border-right-width: 0.5pt; height: 16.9992pt; border-bottom-color: rgb(153, 153, 153);">
<td style="break-inside: avoid-page; padding: 0px 2pt; white-space: nowrap; font-family: "Times New Roman"; font-size: 10pt; line-height: 10pt; text-align: center; vertical-align: middle; color: rgb(0, 0, 0); border-right: initial initial; background-color: rgb(223, 229, 240);"><div style="display:inline;"></div></td>
<td style="break-inside: avoid-page; padding: 0px 5pt; width: 64pt; font-family: "Times New Roman"; font-size: 10pt; line-height: 10pt; text-align: center; vertical-align: middle; white-space: nowrap; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255); background-color: rgb(0, 95, 158);"><div style="font-weight:bolder;display:inline;">1 year</div></td>
<td style="break-inside: avoid-page; padding: 0px 5pt; width: 64pt; font-family: "Times New Roman"; font-size: 10pt; line-height: 10pt; text-align: center; vertical-align: middle; white-space: nowrap; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255); background-color: rgb(0, 95, 158);"><div style="font-weight:bolder;display:inline;">5 years</div></td>
<td style="break-inside: avoid-page; padding: 0px 5pt; width: 64pt; font-family: "Times New Roman"; font-size: 10pt; line-height: 10pt; text-align: center; vertical-align: middle; white-space: nowrap; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255); background-color: rgb(0, 95, 158);"><div style="font-weight:bolder;display:inline;">10 years</div></td>
</tr>
<tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: auto; border-bottom-color: rgb(153, 153, 153); background-color: rgb(255, 255, 255);">
<td style="break-inside: avoid-page; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; vertical-align: middle; padding-top: 3pt; padding-right: 0; padding-bottom: 3pt; padding-left: 2pt;">EUPAC Fund — Class C (with sales <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">charge)</div><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"><div style=";display:inline;vertical-align: super;font-size:8.3px">*</div></div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">19.96<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">2.93<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">7.36<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
</tr>
<tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: auto; border-bottom-color: rgb(153, 153, 153); background-color: rgb(255, 255, 255);">
<td style="break-inside: avoid-page; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; vertical-align: middle; padding-top: 3pt; padding-right: 0; padding-bottom: 3pt; padding-left: 2pt;">EUPAC Fund — Class C (without sales <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">charge)</div><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"><div style=";display:inline;vertical-align: super;font-size:8.3px">*</div></div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">20.96<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">2.93<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">7.36<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
</tr>
<tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: auto; border-bottom-color: rgb(153, 153, 153); background-color: rgb(255, 255, 255);">
<td style="break-inside: avoid-page; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; vertical-align: middle; padding-top: 3pt; padding-right: 0; padding-bottom: 3pt; padding-left: 2pt;">MSCI ACWI (All Country World Index) ex <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">USA</div><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"><div style=";display:inline;vertical-align: super;font-size:8.3px">†</div></div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">24.91<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">7.02<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">8.38<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
</tr>
</table>
<div style="margin-top: 0; font-family: 'Arial'; font-weight: normal; font-size: 8pt; line-height: 10pt; color: rgb(0, 0, 0); margin-bottom: 0; margin-left: 5pt; text-indent: -5pt;"><div style=";display:inline;vertical-align: super;font-size:7.4px">*</div> Investment results assume all distributions are reinvested and reflect applicable fees and expenses. When applicable, results reflect fee waivers and/or expense reimbursements, without which they would have been lower.</div>
<div style="margin-top: 0; font-family: 'Arial'; font-weight: normal; font-size: 8pt; line-height: 10pt; color: rgb(0, 0, 0); margin-bottom: 0; margin-left: 5pt; text-indent: -5pt;"><div style=";display:inline;vertical-align: super;font-size:7.4px">†</div> Results assume all distributions are reinvested. Any market index shown is unmanaged, and therefore, has no expenses. Investors cannot invest directly in an index. Source(s): MSCI.</div>
EUPAC Fund — Class C (with sales charge)
0.1996
0.0293
0.0736
EUPAC Fund — Class C (without sales charge)
0.2096
0.0293
0.0736
MSCI ACWI (All Country World Index) ex USA
0.2491
0.0702
0.0838
The fund’s past performance is not a predictor of its future performance.
The line chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares.
<div style="text-transform: none; margin-bottom: 2.0016pt; font-family: 'Times New Roman'; font-weight: bold; font-size: 11pt; line-height: 11pt; letter-spacing: normal; color: rgb(0, 95, 158); margin-top: 10pt;">Key fund <div style="display:inline;">statistics</div></div>
<div style="margin-bottom: 14pt; width: auto; padding-left: 0;">
<table style="text-align:start; width: 100%; border-collapse: collapse; break-inside: avoid;">
<tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; border-bottom-color: rgb(153, 153, 153); height: auto; border-top-color: rgb(153, 153, 153); border-top-style: solid; border-top-width: 0.5pt;">
<td style="break-inside: avoid-page; vertical-align: middle; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; width: 70%; font-weight: normal;">Fund net assets (in millions)</td>
<td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0);"><div style="float: none; letter-spacing: 0px; top: 0px;display:inline;">$</div>126,761</td>
</tr>
<tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; border-bottom-color: rgb(153, 153, 153); height: auto;">
<td style="break-inside: avoid-page; vertical-align: middle; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; width: 70%; font-weight: normal;">Total number of portfolio holdings</td>
<td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0);">387</td>
</tr>
<tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; border-bottom-color: rgb(153, 153, 153); height: auto;">
<td style="break-inside: avoid-page; vertical-align: middle; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; width: 70%; font-weight: normal;">Total advisory fees paid (in millions)</td>
<td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0);"><div style="float: none; letter-spacing: 0px; top: 0px;display:inline;">$</div>558</td>
</tr>
<tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; border-bottom-color: rgb(153, 153, 153); height: auto;">
<td style="break-inside: avoid-page; vertical-align: middle; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; width: 70%; font-weight: normal;">Portfolio turnover rate</td>
<td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0);">50<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
</tr>
</table>
</div>
126761000000
387
558000000
0.50
<div style="border-bottom-width: initial; border-bottom-style: none; font-family: 'Arial'; font-weight: normal; font-size: 10pt; line-height: 11pt; letter-spacing: normal; text-transform: none; text-align: left; color: rgb(0, 0, 0); margin-top: 10pt; margin-bottom: 2.0016pt; padding-bottom: 0; border-bottom-color: initial; padding-left: 27pt;"><div style="font-family: 'Times New Roman'; font-size: 11pt; line-height: 11pt; letter-spacing: normal; text-transform: none; text-align: left; color: rgb(0, 95, 158); margin-top: 10pt; margin-bottom: 3pt; padding-bottom: 0; border-bottom-color: initial; border-bottom-style: none; border-bottom-width: initial;font-weight:bolder;display:inline;">Portfolio holdings by sector </div>(percent of net assets)</div>
<div style="padding-right: 0; display: inline-block; padding-left: 25pt;"><img alt="Graphical Representation - Allocation 1 Chart" src="chartimages_1584710.jpg" style="float: right; width: 300pt;"/> </div>
<div style="font-family: 'Times New Roman'; font-weight: bold; font-size: 11pt; line-height: 12pt; letter-spacing: normal; text-transform: none; color: rgb(0, 95, 158); padding-top: 0; margin-top: 0; margin-bottom: 2.0016pt;">Material fund <div style="display:inline;"><div style="letter-spacing: 0px; top: 0px;display:inline;">changes</div></div></div>
<div style="margin-top: 0; font-family: 'Arial'; font-weight: normal; font-size: 9pt; line-height: 11pt; color: rgb(0, 0, 0); padding-bottom: 9pt; margin-bottom: 0;">This is a summary of certain changes to the fund since April 1, 2025. For more complete information, you may review the fund’s next prospectus, which we expect to be available by June 1, 2026 at <div style="text-decoration-line: underline; font-family: "Times New Roman"; color: rgb(0, 95, 158); font-size: 10pt; line-height: 13pt; letter-spacing: -0.05pt; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">capitalgroup.com/mutual-fund-literature-C</div></div> or upon request at <div style="display:inline;">(800) 421-4225</div><div style="display:inline;">.</div></div>
<div style="margin-top: 0; font-family: 'Arial'; font-weight: normal; font-size: 9pt; line-height: 11pt; color: rgb(0, 0, 0); padding-bottom: 9pt; margin-bottom: 0;">Effective June 1, 2025, the fund name is EUPAC Fund. </div>
This is a summary of certain changes to the fund since April 1, 2025. For more complete information, you may review the fund’s next prospectus, which we expect to be available by June 1, 2026 at <div style="text-decoration-line: underline; font-family: "Times New Roman"; color: rgb(0, 95, 158); font-size: 10pt; line-height: 13pt; letter-spacing: -0.05pt; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">capitalgroup.com/mutual-fund-literature-C</div></div> or upon request at <div style="display:inline;">(800) 421-4225</div><div style="display:inline;">.</div>
2025-04-01
capitalgroup.com/mutual-fund-literature-C
(800) 421-4225
Effective June 1, 2025, the fund name is EUPAC Fund.
EUPAC Fund™
Class T
TEUPX
This annual shareholder report contains important information about EUPAC Fund (the "fund") for the period from April 1, 2025 to March 31, 2026.
annual shareholder report
You can find additional information about the fund at <div style="text-decoration-line: underline; font-family: "Times New Roman"; color: rgb(0, 95, 158); font-size: 10pt; line-height: 13pt; letter-spacing: -0.05pt; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">capitalgroup.com/mutual-fund-literature</div></div>. You can also request this information by contacting us at <div style="display:inline;">(800) 421-4225</div><div style="display:inline;">.</div>
capitalgroup.com/mutual-fund-literature
(800) 421-4225
This report describes changes to the fund that occurred during the reporting period.
<div style="margin-bottom: 6pt;">
<div style="margin-top: 0; letter-spacing: normal; text-transform: none; font-family: 'Arial'; font-weight: normal; font-size: 10pt; line-height: 13pt; color: rgb(0, 0, 0); margin-bottom: 0;"><div style="font-family: 'Times New Roman'; font-size: 11pt; line-height: 13pt; color: rgb(0, 95, 158);font-weight:bolder;display:inline;width:100%;">What were the fund costs for the last year?</div> (based on a hypothetical $10,000 investment)</div>
</div>
<div style="margin-bottom: 4pt;">
<table style="text-align:start; break-inside: avoid; table-layout: auto; width: 100%; border-collapse: collapse; border-bottom-color: rgb(153, 153, 153); border-bottom-style: solid; border-bottom-width: 0.5pt; margin-bottom: 3pt;">
<tr style="break-after: avoid; border-bottom-style: none; border-bottom-width: initial; break-inside: avoid-page; background-color: rgb(0, 95, 158); border-right-color: rgb(255, 255, 255); border-right-style: solid; border-right-width: 0.5pt; height: 19.008pt; border-bottom-color: initial;">
<td style="break-inside: avoid-page; padding: 3pt 6pt; font-size: 10pt; line-height: 10pt; width: 126.9pt; font-family: "Times New Roman"; text-align: center; vertical-align: middle; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255);"><div style="font-weight:bolder;display:inline;">Share class</div></td>
<td style="break-inside: avoid-page; padding: 3pt 6pt; font-size: 10pt; line-height: 10pt; width: 171.072pt; font-family: "Times New Roman"; text-align: center; vertical-align: middle; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255);"><div style="font-weight:bolder;display:inline;">Costs of a $10,000 investment</div></td>
<td style="break-inside: avoid-page; padding: 3pt 0px; font-size: 10pt; line-height: 10pt; width: 267.948pt; font-family: "Times New Roman"; text-align: center; vertical-align: middle; color: rgb(255, 255, 255); border-right: initial initial;"><div style="font-weight:bolder;display:inline;">Costs paid as a percentage of a $10,000 investment</div></td>
</tr>
<tr style="border-bottom-width: initial; border-bottom-style: none; break-inside: avoid-page; height: 20pt; border-bottom-color: initial;">
<td style="break-inside: avoid-page; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; font-size: 10pt; line-height: 10pt; font-family: 'Arial'; text-align: center; width: 126.9pt; color: rgb(0, 0, 0); padding-right: 6pt; padding-left: 6pt; vertical-align: bottom;">Class T</td>
<td style="break-inside: avoid-page; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; font-family: 'Arial'; font-size: 10pt; line-height: 10pt; text-align: center; width: 171.072pt; color: rgb(0, 0, 0); padding-right: 6pt; padding-left: 6pt; vertical-align: bottom;"><div style="float: none; letter-spacing: 0px; top: 0px;display:inline;">$</div>63</td>
<td style="break-inside: avoid-page; white-space: nowrap; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; font-size: 10pt; line-height: 10pt; font-family: 'Arial'; text-align: center; width: 267.948pt; color: rgb(0, 0, 0); padding-right: 0; padding-left: 0; vertical-align: bottom;">0.57<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
</tr>
</table>
</div>
63
0.0057
<div style="font-family: 'Times New Roman'; font-weight: bold; font-size: 11pt; line-height: 12pt; letter-spacing: normal; text-transform: none; color: rgb(0, 95, 158); padding-top: 0; margin-top: 0; margin-bottom: 2.0016pt;">Management's discussion of fund performance</div>
<div style="margin-top: 0; font-weight: normal; font-family: 'Arial'; font-size: 9pt; line-height: 11pt; letter-spacing: -0.04pt; color: rgb(0, 0, 0); margin-bottom: 4.0032pt;">The fund’s Class T shares gained 22.18% for the year ended March 31, 2026. That result compares with a 24.91% gain for the MSCI ACWI (All Country World Index) ex USA.</div>
<div style="margin-bottom: 2.0016pt; font-family: 'Times New Roman'; font-weight: bold; font-size: 10pt; line-height: 10pt; letter-spacing: normal; text-transform: none; color: rgb(0, 0, 0); padding-top: 0; margin-top: 6pt;">What factors influenced results</div>
<div style="margin-top: 0; font-weight: normal; font-family: 'Arial'; font-size: 9pt; line-height: 11pt; letter-spacing: -0.04pt; color: rgb(0, 0, 0); margin-bottom: 4.0032pt;">International equity markets delivered strong gains during the during the one-year period ended March 31, 2026, remaining resilient despite persistent trade tensions. However, momentum slowed late in the period as the Middle East conflict led to an energy crisis. Equities in the U.K. and Japan advanced but pulled back sharply in March. Chinese equities posted modest gains, while Indian stocks declined.</div>
<div style="margin-top: 0; font-weight: normal; font-family: 'Arial'; font-size: 9pt; line-height: 11pt; letter-spacing: -0.04pt; color: rgb(0, 0, 0); margin-bottom: 4.0032pt;">Within the fund, most sectors contributed to the portfolio, with information technology being the most additive. Returns from the financials, industrials and materials sectors were also positive. Conversely, holdings in the health care and consumer discretionary sectors saw negative results during the period. </div>
<div style="margin-top: 0; font-weight: normal; font-family: 'Arial'; font-size: 9pt; line-height: 11pt; letter-spacing: -0.04pt; color: rgb(0, 0, 0); margin-bottom: 4.0032pt;">Geographically, investments in companies based in Taiwan, Canada and South Korea contributed significantly to absolute returns. Shares of companies in Denmark, India and China posted negative overall returns. </div>
<img alt="Fund Performance - Growth of 10K" src="chartimages_1584484.jpg" style="display: block; margin-left: auto; margin-right: auto; width: 550pt;"/>
<div style="border-bottom-width: initial; border-bottom-style: none; font-family: 'Times New Roman'; font-weight: bold; font-size: 10pt; line-height: 10pt; text-align: left; letter-spacing: normal; text-transform: none; color: rgb(0, 0, 0); border-bottom-color: initial; padding-bottom: 0; margin-bottom: 4pt; margin-top: 0;">Average annual total <div style="display:inline;">returns</div></div>
<table style="text-align:start; break-inside: avoid; table-layout: auto; width: 100%; border-collapse: collapse;">
<tr style="break-after: avoid; border-bottom-style: solid; border-bottom-width: 0.5pt; break-inside: avoid-page; background-color: rgb(0, 95, 158); border-right-color: rgb(255, 255, 255); border-right-style: solid; border-right-width: 0.5pt; height: 16.9992pt; border-bottom-color: rgb(153, 153, 153);">
<td style="break-inside: avoid-page; padding: 0px 2pt; white-space: nowrap; font-family: "Times New Roman"; font-size: 10pt; line-height: 10pt; text-align: center; vertical-align: middle; color: rgb(0, 0, 0); border-right: initial initial; background-color: rgb(223, 229, 240);"><div style="display:inline;"></div></td>
<td style="break-inside: avoid-page; padding: 0px 5pt; width: 64pt; font-family: "Times New Roman"; font-size: 10pt; line-height: 10pt; text-align: center; vertical-align: middle; white-space: nowrap; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255); background-color: rgb(0, 95, 158);"><div style="font-weight:bolder;display:inline;">1 year</div></td>
<td style="break-inside: avoid-page; padding: 0px 5pt; width: 64pt; font-family: "Times New Roman"; font-size: 10pt; line-height: 10pt; text-align: center; vertical-align: middle; white-space: nowrap; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255); background-color: rgb(0, 95, 158);"><div style="font-weight:bolder;display:inline;">5 years</div></td>
<td style="break-inside: avoid-page; padding: 0px 5pt; width: 64pt; font-family: "Times New Roman"; font-size: 10pt; line-height: 10pt; text-align: center; vertical-align: middle; white-space: nowrap; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255); background-color: rgb(0, 95, 158);"><div style="font-weight:bolder;display:inline;">Since inception<div style=";display:inline;vertical-align: super;font-size:9.2px">1</div></div></td>
</tr>
<tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: auto; border-bottom-color: rgb(153, 153, 153); background-color: rgb(255, 255, 255);">
<td style="break-inside: avoid-page; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; vertical-align: middle; padding-top: 3pt; padding-right: 0; padding-bottom: 3pt; padding-left: 2pt;">EUPAC Fund — Class T (with sales <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">charge)</div><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"><div style=";display:inline;vertical-align: super;font-size:8.3px">2</div></div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">19.14<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">3.44<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">7.51<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
</tr>
<tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: auto; border-bottom-color: rgb(153, 153, 153); background-color: rgb(255, 255, 255);">
<td style="break-inside: avoid-page; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; vertical-align: middle; padding-top: 3pt; padding-right: 0; padding-bottom: 3pt; padding-left: 2pt;">EUPAC Fund — Class T (without sales <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">charge)</div><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"><div style=";display:inline;vertical-align: super;font-size:8.3px">2</div></div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">22.18<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">3.97<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">7.81<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
</tr>
<tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: auto; border-bottom-color: rgb(153, 153, 153); background-color: rgb(255, 255, 255);">
<td style="break-inside: avoid-page; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; vertical-align: middle; padding-top: 3pt; padding-right: 0; padding-bottom: 3pt; padding-left: 2pt;">MSCI ACWI (All Country World Index) ex <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">USA</div><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"><div style=";display:inline;vertical-align: super;font-size:8.3px">3</div></div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">24.91<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">7.02<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">7.92<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
</tr>
</table>
<div style="margin-top: 0; font-family: 'Arial'; font-weight: normal; font-size: 8pt; line-height: 10pt; color: rgb(0, 0, 0); margin-bottom: 0; margin-left: 5pt; text-indent: -5pt;"><div style=";display:inline;vertical-align: super;font-size:7.4px">1</div> Class T shares were first offered on April 7, 2017.</div>
<div style="margin-top: 0; font-family: 'Arial'; font-weight: normal; font-size: 8pt; line-height: 10pt; color: rgb(0, 0, 0); margin-bottom: 0; margin-left: 5pt; text-indent: -5pt;"><div style=";display:inline;vertical-align: super;font-size:7.4px">2</div> Investment results assume all distributions are reinvested and reflect applicable fees and expenses. When applicable, results reflect fee waivers and/or expense reimbursements, without which they would have been lower.</div>
<div style="margin-top: 0; font-family: 'Arial'; font-weight: normal; font-size: 8pt; line-height: 10pt; color: rgb(0, 0, 0); margin-bottom: 0; margin-left: 5pt; text-indent: -5pt;"><div style=";display:inline;vertical-align: super;font-size:7.4px">3</div> Results assume all distributions are reinvested. Any market index shown is unmanaged, and therefore, has no expenses. Investors cannot invest directly in an index. Source(s): MSCI.</div>
EUPAC Fund — Class T (with sales charge)
0.1914
0.0344
0.0751
EUPAC Fund — Class T (without sales charge)
0.2218
0.0397
0.0781
MSCI ACWI (All Country World Index) ex USA
0.2491
0.0702
0.0792
2017-04-07
The fund’s past performance is not a predictor of its future performance.
The line chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares.
<div style="text-transform: none; margin-bottom: 2.0016pt; font-family: 'Times New Roman'; font-weight: bold; font-size: 11pt; line-height: 11pt; letter-spacing: normal; color: rgb(0, 95, 158); margin-top: 10pt;">Key fund <div style="display:inline;">statistics</div></div>
<div style="margin-bottom: 14pt; width: auto; padding-left: 0;">
<table style="text-align:start; width: 100%; border-collapse: collapse; break-inside: avoid;">
<tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; border-bottom-color: rgb(153, 153, 153); height: auto; border-top-color: rgb(153, 153, 153); border-top-style: solid; border-top-width: 0.5pt;">
<td style="break-inside: avoid-page; vertical-align: middle; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; width: 70%; font-weight: normal;">Fund net assets (in millions)</td>
<td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0);"><div style="float: none; letter-spacing: 0px; top: 0px;display:inline;">$</div>126,761</td>
</tr>
<tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; border-bottom-color: rgb(153, 153, 153); height: auto;">
<td style="break-inside: avoid-page; vertical-align: middle; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; width: 70%; font-weight: normal;">Total number of portfolio holdings</td>
<td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0);">387</td>
</tr>
<tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; border-bottom-color: rgb(153, 153, 153); height: auto;">
<td style="break-inside: avoid-page; vertical-align: middle; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; width: 70%; font-weight: normal;">Total advisory fees paid (in millions)</td>
<td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0);"><div style="float: none; letter-spacing: 0px; top: 0px;display:inline;">$</div>558</td>
</tr>
<tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; border-bottom-color: rgb(153, 153, 153); height: auto;">
<td style="break-inside: avoid-page; vertical-align: middle; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; width: 70%; font-weight: normal;">Portfolio turnover rate</td>
<td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0);">50<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
</tr>
</table>
</div>
126761000000
387
558000000
0.50
<div style="border-bottom-width: initial; border-bottom-style: none; font-family: 'Arial'; font-weight: normal; font-size: 10pt; line-height: 11pt; letter-spacing: normal; text-transform: none; text-align: left; color: rgb(0, 0, 0); margin-top: 10pt; margin-bottom: 2.0016pt; padding-bottom: 0; border-bottom-color: initial; padding-left: 27pt;"><div style="font-family: 'Times New Roman'; font-size: 11pt; line-height: 11pt; letter-spacing: normal; text-transform: none; text-align: left; color: rgb(0, 95, 158); margin-top: 10pt; margin-bottom: 3pt; padding-bottom: 0; border-bottom-color: initial; border-bottom-style: none; border-bottom-width: initial;font-weight:bolder;display:inline;">Portfolio holdings by sector </div>(percent of net assets)</div>
<div style="padding-right: 0; display: inline-block; padding-left: 25pt;"><img alt="Graphical Representation - Allocation 1 Chart" src="chartimages_1584490.jpg" style="float: right; width: 300pt;"/> </div>
<div style="font-family: 'Times New Roman'; font-weight: bold; font-size: 11pt; line-height: 12pt; letter-spacing: normal; text-transform: none; color: rgb(0, 95, 158); padding-top: 0; margin-top: 0; margin-bottom: 2.0016pt;">Material fund changes</div>
<div style="margin-top: 0; font-family: 'Arial'; font-weight: normal; font-size: 9pt; line-height: 11pt; color: rgb(0, 0, 0); padding-bottom: 9pt; margin-bottom: 0;">This is a summary of certain changes to the fund since April 1, 2025. For more complete information, you may review the fund’s next prospectus, which we expect to be available by June 1, 2026 at <div style="text-decoration-line: underline; font-family: "Times New Roman"; color: rgb(0, 95, 158); font-size: 10pt; line-height: 13pt; letter-spacing: -0.05pt; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">capitalgroup.com/mutual-fund-literature</div></div> or upon request at <div style="display:inline;">(800) 421-4225</div><div style="display:inline;">.</div></div>
<div style="margin-top: 0; font-family: 'Arial'; font-weight: normal; font-size: 9pt; line-height: 11pt; color: rgb(0, 0, 0); padding-bottom: 9pt; margin-bottom: 0;">Effective June 1, 2025, the fund name is EUPAC Fund. </div>
This is a summary of certain changes to the fund since April 1, 2025. For more complete information, you may review the fund’s next prospectus, which we expect to be available by June 1, 2026 at <div style="text-decoration-line: underline; font-family: "Times New Roman"; color: rgb(0, 95, 158); font-size: 10pt; line-height: 13pt; letter-spacing: -0.05pt; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">capitalgroup.com/mutual-fund-literature</div></div> or upon request at <div style="display:inline;">(800) 421-4225</div><div style="display:inline;">.</div>
2025-04-01
capitalgroup.com/mutual-fund-literature
(800) 421-4225
Effective June 1, 2025, the fund name is EUPAC Fund.
EUPAC Fund™
Class F-1
AEGFX
This annual shareholder report contains important information about EUPAC Fund (the "fund") for the period from April 1, 2025 to March 31, 2026.
annual shareholder report
You can find additional information about the fund at <div style="text-decoration-line: underline; font-family: "Times New Roman"; color: rgb(0, 95, 158); font-size: 10pt; line-height: 13pt; letter-spacing: -0.05pt; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">capitalgroup.com/mutual-fund-literature-F1</div></div>. You can also request this information by contacting us at <div style="letter-spacing: 0px; top: 0px;display:inline;">(800) 421-4225</div><div style="letter-spacing: 0px; top: 0px;display:inline;">.</div>
capitalgroup.com/mutual-fund-literature-F1
(800) 421-4225
This report describes changes to the fund that occurred during the reporting period.
<div style="margin-bottom: 6pt;"><div style="margin-top: 0; letter-spacing: normal; text-transform: none; font-family: 'Arial'; font-weight: normal; font-size: 10pt; line-height: 13pt; color: rgb(0, 0, 0); margin-bottom: 0;"><div style="font-family: 'Times New Roman'; font-size: 11pt; line-height: 13pt; color: rgb(0, 95, 158);font-weight:bolder;display:inline;width:100%;">What were the fund costs for the last year?</div> (based on a hypothetical $10,000 investment)</div></div> <div style="margin-bottom: 4pt;"><table style="text-align:start; break-inside: avoid; table-layout: auto; width: 100%; border-collapse: collapse; border-bottom-color: rgb(153, 153, 153); border-bottom-style: solid; border-bottom-width: 0.5pt; margin-bottom: 3pt;"><tr style="break-after: avoid; border-bottom-style: none; border-bottom-width: initial; break-inside: avoid-page; background-color: rgb(0, 95, 158); border-right-color: rgb(255, 255, 255); border-right-style: solid; border-right-width: 0.5pt; height: 19.008pt; border-bottom-color: initial;"><td style="break-inside: avoid-page; padding: 3pt 6pt; font-size: 10pt; line-height: 10pt; width: 126.9pt; font-family: "Times New Roman"; text-align: center; vertical-align: middle; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255);"><div style="font-weight:bolder;display:inline;">Share class</div></td><td style="break-inside: avoid-page; padding: 3pt 6pt; font-size: 10pt; line-height: 10pt; width: 171.072pt; font-family: "Times New Roman"; text-align: center; vertical-align: middle; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255);"><div style="font-weight:bolder;display:inline;">Costs of a $10,000 investment</div></td><td style="break-inside: avoid-page; padding: 3pt 0px; font-size: 10pt; line-height: 10pt; width: 267.948pt; font-family: "Times New Roman"; text-align: center; vertical-align: middle; color: rgb(255, 255, 255); border-right: initial initial;"><div style="font-weight:bolder;display:inline;">Costs paid as a percentage of a $10,000 investment</div></td></tr><tr style="border-bottom-width: initial; border-bottom-style: none; break-inside: avoid-page; height: 20pt; border-bottom-color: initial;"><td style="break-inside: avoid-page; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; font-size: 10pt; line-height: 10pt; font-family: 'Arial'; text-align: center; width: 126.9pt; color: rgb(0, 0, 0); padding-right: 6pt; padding-left: 6pt; vertical-align: bottom;">Class F-1</td><td style="break-inside: avoid-page; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; font-family: 'Arial'; font-size: 10pt; line-height: 10pt; text-align: center; width: 171.072pt; color: rgb(0, 0, 0); padding-right: 6pt; padding-left: 6pt; vertical-align: bottom;"><div style="float: none; letter-spacing: 0px; top: 0px;display:inline;">$</div>95</td><td style="break-inside: avoid-page; white-space: nowrap; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; font-size: 10pt; line-height: 10pt; font-family: 'Arial'; text-align: center; width: 267.948pt; color: rgb(0, 0, 0); padding-right: 0; padding-left: 0; vertical-align: bottom;">0.86<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td></tr></table></div>
95
0.0086
<div style="font-family: 'Times New Roman'; font-weight: bold; font-size: 11pt; line-height: 12pt; letter-spacing: normal; text-transform: none; color: rgb(0, 95, 158); padding-top: 0; margin-top: 0; margin-bottom: 2.0016pt;">Management's discussion of fund performance</div> <div style="margin-top: 0; font-weight: normal; font-family: 'Arial'; font-size: 9pt; line-height: 11pt; letter-spacing: -0.04pt; color: rgb(0, 0, 0); margin-bottom: 4.0032pt;">The fund’s Class F-1 shares gained 21.84% for the year ended March 31, 2026. That result compares with a 24.91% gain for the MSCI ACWI (All Country World Index) ex USA. For information on returns for additional periods, including the fund lifetime, please refer to <div style="text-decoration-line: underline; font-family: "Times New Roman"; color: rgb(0, 95, 158); font-size: 9pt; line-height: 11pt; letter-spacing: -0.04pt;display:inline;"><div style="font-weight:bolder;display:inline;">capitalgroup.com/mutual-fund-returns-F1</div></div>.</div> <div style="margin-bottom: 2.0016pt; font-family: 'Times New Roman'; font-weight: bold; font-size: 10pt; line-height: 10pt; letter-spacing: normal; text-transform: none; color: rgb(0, 0, 0); padding-top: 0; margin-top: 6pt;">What factors influenced results</div> <div style="margin-top: 0; font-weight: normal; font-family: 'Arial'; font-size: 9pt; line-height: 11pt; letter-spacing: -0.04pt; color: rgb(0, 0, 0); margin-bottom: 4.0032pt;">International equity markets delivered strong gains during the during the one-year period ended March 31, 2026, remaining resilient despite persistent trade tensions. However, momentum slowed late in the period as the Middle East conflict led to an energy crisis. Equities in the U.K. and Japan advanced but pulled back sharply in March. Chinese equities posted modest gains, while Indian stocks declined.</div> <div style="margin-top: 0; font-weight: normal; font-family: 'Arial'; font-size: 9pt; line-height: 11pt; letter-spacing: -0.04pt; color: rgb(0, 0, 0); margin-bottom: 4.0032pt;">Within the fund, most sectors contributed to the portfolio, with information technology being the most additive. Returns from the financials, industrials and materials sectors were also positive. Conversely, holdings in the health care and consumer discretionary sectors saw negative results during the period. </div> <div style="margin-top: 0; font-weight: normal; font-family: 'Arial'; font-size: 9pt; line-height: 11pt; letter-spacing: -0.04pt; color: rgb(0, 0, 0); margin-bottom: 4.0032pt;">Geographically, investments in companies based in Taiwan, Canada and South Korea contributed significantly to absolute returns. Shares of companies in Denmark, India and China posted negative overall returns. </div>
<img alt="Fund Performance - Growth of 10K" src="chartimages_1584748.jpg" style="display: block; margin-left: auto; margin-right: auto; width: 550pt;"/>
<div style="border-bottom-width: initial; border-bottom-style: none; font-family: 'Times New Roman'; font-weight: bold; font-size: 10pt; line-height: 10pt; text-align: left; letter-spacing: normal; text-transform: none; color: rgb(0, 0, 0); border-bottom-color: initial; padding-bottom: 0; margin-bottom: 4pt; margin-top: 0;">Average annual total <div style="display:inline;">returns</div></div> <table style="text-align:start; break-inside: avoid; table-layout: auto; width: 100%; border-collapse: collapse;"><tr style="break-after: avoid; border-bottom-style: solid; border-bottom-width: 0.5pt; break-inside: avoid-page; background-color: rgb(0, 95, 158); border-right-color: rgb(255, 255, 255); border-right-style: solid; border-right-width: 0.5pt; height: 16.9992pt; border-bottom-color: rgb(153, 153, 153);"><td style="break-inside: avoid-page; padding: 0px 2pt; white-space: nowrap; font-family: "Times New Roman"; font-size: 10pt; line-height: 10pt; text-align: center; vertical-align: middle; color: rgb(0, 0, 0); border-right: initial initial; background-color: rgb(223, 229, 240);"><div style="display:inline;"></div></td><td style="break-inside: avoid-page; padding: 0px 5pt; width: 64pt; font-family: "Times New Roman"; font-size: 10pt; line-height: 10pt; text-align: center; vertical-align: middle; white-space: nowrap; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255); background-color: rgb(0, 95, 158);"><div style="font-weight:bolder;display:inline;">1 year</div></td><td style="break-inside: avoid-page; padding: 0px 5pt; width: 64pt; font-family: "Times New Roman"; font-size: 10pt; line-height: 10pt; text-align: center; vertical-align: middle; white-space: nowrap; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255); background-color: rgb(0, 95, 158);"><div style="font-weight:bolder;display:inline;">5 years</div></td><td style="break-inside: avoid-page; padding: 0px 5pt; width: 64pt; font-family: "Times New Roman"; font-size: 10pt; line-height: 10pt; text-align: center; vertical-align: middle; white-space: nowrap; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255); background-color: rgb(0, 95, 158);"><div style="font-weight:bolder;display:inline;">10 years</div></td></tr><tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: auto; border-bottom-color: rgb(153, 153, 153); background-color: rgb(255, 255, 255);"><td style="break-inside: avoid-page; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; vertical-align: middle; padding-top: 3pt; padding-right: 0; padding-bottom: 3pt; padding-left: 2pt;">EUPAC Fund — Class <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">F-1</div><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"><div style=";display:inline;vertical-align: super;font-size:8.3px">*</div></div></td><td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">21.84<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td><td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">3.67<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td><td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">7.98<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td></tr><tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: auto; border-bottom-color: rgb(153, 153, 153); background-color: rgb(255, 255, 255);"><td style="break-inside: avoid-page; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; vertical-align: middle; padding-top: 3pt; padding-right: 0; padding-bottom: 3pt; padding-left: 2pt;">MSCI ACWI (All Country World Index) ex <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">USA</div><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"><div style=";display:inline;vertical-align: super;font-size:8.3px">†</div></div></td><td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">24.91<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td><td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">7.02<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td><td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">8.38<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td></tr></table> <div style="margin-top: 0; font-family: 'Arial'; font-weight: normal; font-size: 8pt; line-height: 10pt; color: rgb(0, 0, 0); margin-bottom: 0; margin-left: 5pt; text-indent: -5pt;"><div style=";display:inline;vertical-align: super;font-size:7.4px">*</div> Investment results assume all distributions are reinvested and reflect applicable fees and expenses. When applicable, results reflect fee waivers and/or expense reimbursements, without which they would have been lower.</div> <div style="margin-top: 0; font-family: 'Arial'; font-weight: normal; font-size: 8pt; line-height: 10pt; color: rgb(0, 0, 0); margin-bottom: 0; margin-left: 5pt; text-indent: -5pt;"><div style=";display:inline;vertical-align: super;font-size:7.4px">†</div> Results assume all distributions are reinvested. Any market index shown is unmanaged, and therefore, has no expenses. Investors cannot invest directly in an index. Source(s): MSCI.</div>
EUPAC Fund — Class F-1
0.2184
0.0367
0.0798
MSCI ACWI (All Country World Index) ex USA
0.2491
0.0702
0.0838
The fund’s past performance is not a predictor of its future performance.
The line chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares.
<div style="text-transform: none; margin-bottom: 2.0016pt; font-family: 'Times New Roman'; font-weight: bold; font-size: 11pt; line-height: 11pt; letter-spacing: normal; color: rgb(0, 95, 158); margin-top: 10pt;">Key fund <div style="display:inline;">statistics</div></div><table style="text-align:start; width: 100%; border-collapse: collapse; break-inside: avoid;"><tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; border-bottom-color: rgb(153, 153, 153); height: auto; border-top-color: rgb(153, 153, 153); border-top-style: solid; border-top-width: 0.5pt;"><td style="break-inside: avoid-page; vertical-align: middle; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; width: 70%; font-weight: normal;">Fund net assets (in millions)</td><td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0);"><div style="float: none; letter-spacing: 0px; top: 0px;display:inline;">$</div>126,761</td></tr><tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; border-bottom-color: rgb(153, 153, 153); height: auto;"><td style="break-inside: avoid-page; vertical-align: middle; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; width: 70%; font-weight: normal;">Total number of portfolio holdings</td><td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0);">387</td></tr><tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; border-bottom-color: rgb(153, 153, 153); height: auto;"><td style="break-inside: avoid-page; vertical-align: middle; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; width: 70%; font-weight: normal;">Total advisory fees paid (in millions)</td><td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0);"><div style="float: none; letter-spacing: 0px; top: 0px;display:inline;">$</div>558</td></tr><tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; border-bottom-color: rgb(153, 153, 153); height: auto;"><td style="break-inside: avoid-page; vertical-align: middle; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; width: 70%; font-weight: normal;">Portfolio turnover rate</td><td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0);">50<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td></tr></table>
126761000000
387
558000000
0.50
<div style="border-bottom-width: initial; border-bottom-style: none; font-family: 'Arial'; font-weight: normal; font-size: 10pt; line-height: 11pt; letter-spacing: normal; text-transform: none; text-align: left; color: rgb(0, 0, 0); margin-top: 10pt; margin-bottom: 2.0016pt; padding-bottom: 0; border-bottom-color: initial; padding-left: 27pt;"><div style="font-family: 'Times New Roman'; font-size: 11pt; line-height: 11pt; letter-spacing: normal; text-transform: none; text-align: left; color: rgb(0, 95, 158); margin-top: 10pt; margin-bottom: 3pt; padding-bottom: 0; border-bottom-color: initial; border-bottom-style: none; border-bottom-width: initial;font-weight:bolder;display:inline;">Portfolio holdings by sector </div>(percent of net assets)</div> <div style="padding-right: 0; display: inline-block; padding-left: 25pt;"><img alt="Graphical Representation - Allocation 1 Chart" src="chartimages_1584754.jpg" style="float: right; width: 300pt;"/> </div>
<div style="font-family: 'Times New Roman'; font-weight: bold; font-size: 11pt; line-height: 12pt; letter-spacing: normal; text-transform: none; color: rgb(0, 95, 158); padding-top: 0; margin-top: 0; margin-bottom: 2.0016pt;">Material fund <div style="display:inline;">changes</div></div> <div style="margin-top: 0; font-family: 'Arial'; font-weight: normal; font-size: 9pt; line-height: 11pt; color: rgb(0, 0, 0); padding-bottom: 9pt; margin-bottom: 0;">This is a summary of certain changes to the fund since April 1, 2025. For more complete information, you may review the fund’s next prospectus, which we expect to be available by June 1, 2026 at <div style="text-decoration-line: underline; font-family: "Times New Roman"; color: rgb(0, 95, 158); font-size: 10pt; line-height: 13pt; letter-spacing: -0.05pt; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">capitalgroup.com/mutual-fund-literature-F1</div></div> or upon request at <div style="text-decoration-line: underline; font-family: "Times New Roman"; color: rgb(0, 95, 158); font-size: 10pt; line-height: 13pt; letter-spacing: -0.05pt; top: 0px;display:inline;">(<div style="letter-spacing: 0px; top: 0px;display:inline;">800) 421-4225</div></div><div style="letter-spacing: 0px; top: 0px;display:inline;">.</div></div> <div style="margin-top: 0; font-family: 'Arial'; font-weight: normal; font-size: 9pt; line-height: 11pt; color: rgb(0, 0, 0); padding-bottom: 9pt; margin-bottom: 0;">Effective June 1, 2025, the fund name is EUPAC Fund. </div>
This is a summary of certain changes to the fund since April 1, 2025. For more complete information, you may review the fund’s next prospectus, which we expect to be available by June 1, 2026 at <div style="text-decoration-line: underline; font-family: "Times New Roman"; color: rgb(0, 95, 158); font-size: 10pt; line-height: 13pt; letter-spacing: -0.05pt; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">capitalgroup.com/mutual-fund-literature-F1</div></div> or upon request at <div style="text-decoration-line: underline; font-family: "Times New Roman"; color: rgb(0, 95, 158); font-size: 10pt; line-height: 13pt; letter-spacing: -0.05pt; top: 0px;display:inline;">(<div style="letter-spacing: 0px; top: 0px;display:inline;">800) 421-4225</div></div><div style="letter-spacing: 0px; top: 0px;display:inline;">.</div>
2025-04-01
capitalgroup.com/mutual-fund-literature-F1
(800) 421-4225
Effective June 1, 2025, the fund name is EUPAC Fund.
EUPAC Fund™
Class F-2
AEPFX
This annual shareholder report contains important information about EUPAC Fund<div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"> </div>(the "fund") for the period from April 1, 2025 to March 31, 2026.
annual shareholder report
You can find additional information about the fund at <div style="text-decoration-line: underline; font-family: "Times New Roman"; color: rgb(0, 95, 158); font-size: 10pt; line-height: 13pt; letter-spacing: -0.05pt; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">capitalgroup.com/mutual-fund-literature-F2</div></div>. You can also request this information by contacting us at<div style="letter-spacing: 0px; top: 0px;display:inline;"> </div><div style="letter-spacing: 0px; top: 0px;display:inline;">(<div style="display:inline;">800) 421-4225</div></div><div style="display:inline;"><div style="letter-spacing: 0px; top: 0px;display:inline;">.</div></div>
capitalgroup.com/mutual-fund-literature-F2
(800) 421-4225
This report describes changes to the fund that occurred during the reporting period.
<div style="margin-bottom: 6pt;">
<div style="margin-top: 0; letter-spacing: normal; text-transform: none; font-family: 'Arial'; font-weight: normal; font-size: 10pt; line-height: 13pt; color: rgb(0, 0, 0); margin-bottom: 0;"><div style="font-family: 'Times New Roman'; font-size: 11pt; line-height: 13pt; color: rgb(0, 95, 158);font-weight:bolder;display:inline;width:100%;">What were the fund costs for the last year?</div> (based on a hypothetical $10,000 investment)</div>
</div>
<div style="margin-bottom: 4pt;">
<table style="text-align:start; break-inside: avoid; table-layout: auto; width: 100%; border-collapse: collapse; border-bottom-color: rgb(153, 153, 153); border-bottom-style: solid; border-bottom-width: 0.5pt; margin-bottom: 3pt;">
<tr style="break-after: avoid; border-bottom-style: none; border-bottom-width: initial; break-inside: avoid-page; background-color: rgb(0, 95, 158); border-right-color: rgb(255, 255, 255); border-right-style: solid; border-right-width: 0.5pt; height: 19.008pt; border-bottom-color: initial;">
<td style="break-inside: avoid-page; padding: 3pt 6pt; font-size: 10pt; line-height: 10pt; width: 126.9pt; font-family: "Times New Roman"; text-align: center; vertical-align: middle; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255);"><div style="font-weight:bolder;display:inline;">Share class</div></td>
<td style="break-inside: avoid-page; padding: 3pt 6pt; font-size: 10pt; line-height: 10pt; width: 171.072pt; font-family: "Times New Roman"; text-align: center; vertical-align: middle; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255);"><div style="font-weight:bolder;display:inline;">Costs of a $10,000 investment</div></td>
<td style="break-inside: avoid-page; padding: 3pt 0px; font-size: 10pt; line-height: 10pt; width: 267.948pt; font-family: "Times New Roman"; text-align: center; vertical-align: middle; color: rgb(255, 255, 255); border-right: initial initial;"><div style="font-weight:bolder;display:inline;">Costs paid as a percentage of a $10,000 investment</div></td>
</tr>
<tr style="border-bottom-width: initial; border-bottom-style: none; break-inside: avoid-page; height: 20pt; border-bottom-color: initial;">
<td style="break-inside: avoid-page; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; font-size: 10pt; line-height: 10pt; font-family: 'Arial'; text-align: center; width: 126.9pt; color: rgb(0, 0, 0); padding-right: 6pt; padding-left: 6pt; vertical-align: bottom;">Class F-2</td>
<td style="break-inside: avoid-page; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; font-family: 'Arial'; font-size: 10pt; line-height: 10pt; text-align: center; width: 171.072pt; color: rgb(0, 0, 0); padding-right: 6pt; padding-left: 6pt; vertical-align: bottom;"><div style="float: none; letter-spacing: 0px; top: 0px;display:inline;">$</div>64</td>
<td style="break-inside: avoid-page; white-space: nowrap; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; font-size: 10pt; line-height: 10pt; font-family: 'Arial'; text-align: center; width: 267.948pt; color: rgb(0, 0, 0); padding-right: 0; padding-left: 0; vertical-align: bottom;">0.58<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
</tr>
</table>
</div>
64
0.0058
<div style="font-family: 'Times New Roman'; font-weight: bold; font-size: 11pt; line-height: 12pt; letter-spacing: normal; text-transform: none; color: rgb(0, 95, 158); padding-top: 0; margin-top: 0; margin-bottom: 2.0016pt;">Management's discussion of fund performance</div>
<div style="margin-top: 0; font-weight: normal; font-family: 'Arial'; font-size: 9pt; line-height: 11pt; letter-spacing: -0.04pt; color: rgb(0, 0, 0); margin-bottom: 4.0032pt;">The fund’s Class F-2 shares gained 22.16% for the year ended March 31, 2026. That result compares with a 24.91% gain for the MSCI ACWI (All Country World Index) ex USA. For information on returns for additional periods, including the fund lifetime, please refer to <div style="text-decoration-line: underline; font-family: "Times New Roman"; color: rgb(0, 95, 158); font-size: 9pt; line-height: 11pt; letter-spacing: -0.04pt;display:inline;"><div style="font-weight:bolder;display:inline;">capitalgroup.com/mutual-fund-returns-F2</div></div>.</div>
<div style="margin-bottom: 2.0016pt; font-family: 'Times New Roman'; font-weight: bold; font-size: 10pt; line-height: 10pt; letter-spacing: normal; text-transform: none; color: rgb(0, 0, 0); padding-top: 0; margin-top: 6pt;">What factors influenced results</div>
<div style="margin-top: 0; font-weight: normal; font-family: 'Arial'; font-size: 9pt; line-height: 11pt; letter-spacing: -0.04pt; color: rgb(0, 0, 0); margin-bottom: 4.0032pt;">International equity markets delivered strong gains during the during the one-year period ended March 31, 2026, remaining resilient despite persistent trade tensions. However, momentum slowed late in the period as the Middle East conflict led to an energy crisis. Equities in the U.K. and Japan advanced but pulled back sharply in March. Chinese equities posted modest gains, while Indian stocks declined.</div>
<div style="margin-top: 0; font-weight: normal; font-family: 'Arial'; font-size: 9pt; line-height: 11pt; letter-spacing: -0.04pt; color: rgb(0, 0, 0); margin-bottom: 4.0032pt;">Within the fund, most sectors contributed to the portfolio, with information technology being the most additive. Returns from the financials, industrials and materials sectors were also positive. Conversely, holdings in the health care and consumer discretionary sectors saw negative results during the period. </div>
<div style="margin-top: 0; font-weight: normal; font-family: 'Arial'; font-size: 9pt; line-height: 11pt; letter-spacing: -0.04pt; color: rgb(0, 0, 0); margin-bottom: 4.0032pt;">Geographically, investments in companies based in Taiwan, Canada and South Korea contributed significantly to absolute returns. Shares of companies in Denmark, India and China posted negative overall returns. </div>
<img alt="Fund Performance - Growth of 10K" src="chartimages_1584792.jpg" style="display: block; margin-left: auto; margin-right: auto; width: 550pt;"/>
<div style="border-bottom-width: initial; border-bottom-style: none; font-family: 'Times New Roman'; font-weight: bold; font-size: 10pt; line-height: 10pt; text-align: left; letter-spacing: normal; text-transform: none; color: rgb(0, 0, 0); border-bottom-color: initial; padding-bottom: 0; margin-bottom: 4pt; margin-top: 0;">Average annual total returns</div>
<table style="text-align:start; break-inside: avoid; table-layout: auto; width: 100%; border-collapse: collapse;">
<tr style="break-after: avoid; border-bottom-style: solid; border-bottom-width: 0.5pt; break-inside: avoid-page; background-color: rgb(0, 95, 158); border-right-color: rgb(255, 255, 255); border-right-style: solid; border-right-width: 0.5pt; height: 16.9992pt; border-bottom-color: rgb(153, 153, 153);">
<td style="break-inside: avoid-page; padding: 0px 2pt; white-space: nowrap; font-family: "Times New Roman"; font-size: 10pt; line-height: 10pt; text-align: center; vertical-align: middle; color: rgb(0, 0, 0); border-right: initial initial; background-color: rgb(223, 229, 240);"><div style="display:inline;"></div></td>
<td style="break-inside: avoid-page; padding: 0px 5pt; width: 64pt; font-family: "Times New Roman"; font-size: 10pt; line-height: 10pt; text-align: center; vertical-align: middle; white-space: nowrap; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255); background-color: rgb(0, 95, 158);"><div style="font-weight:bolder;display:inline;">1 year</div></td>
<td style="break-inside: avoid-page; padding: 0px 5pt; width: 64pt; font-family: "Times New Roman"; font-size: 10pt; line-height: 10pt; text-align: center; vertical-align: middle; white-space: nowrap; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255); background-color: rgb(0, 95, 158);"><div style="font-weight:bolder;display:inline;">5 years</div></td>
<td style="break-inside: avoid-page; padding: 0px 5pt; width: 64pt; font-family: "Times New Roman"; font-size: 10pt; line-height: 10pt; text-align: center; vertical-align: middle; white-space: nowrap; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255); background-color: rgb(0, 95, 158);"><div style="font-weight:bolder;display:inline;">10 years</div></td>
</tr>
<tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: auto; border-bottom-color: rgb(153, 153, 153); background-color: rgb(255, 255, 255);">
<td style="break-inside: avoid-page; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; vertical-align: middle; padding-top: 3pt; padding-right: 0; padding-bottom: 3pt; padding-left: 2pt;">EUPAC Fund — Class <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">F-2</div><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"><div style=";display:inline;vertical-align: super;font-size:8.3px">*</div></div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">22.16<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">3.96<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">8.28<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
</tr>
<tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: auto; border-bottom-color: rgb(153, 153, 153); background-color: rgb(255, 255, 255);">
<td style="break-inside: avoid-page; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; vertical-align: middle; padding-top: 3pt; padding-right: 0; padding-bottom: 3pt; padding-left: 2pt;">MSCI ACWI (All Country World Index) ex <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">USA</div><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"><div style=";display:inline;vertical-align: super;font-size:8.3px">†</div></div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">24.91<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">7.02<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">8.38<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
</tr>
</table>
<div style="margin-top: 0; font-family: 'Arial'; font-weight: normal; font-size: 8pt; line-height: 10pt; color: rgb(0, 0, 0); margin-bottom: 0; margin-left: 5pt; text-indent: -5pt;"><div style=";display:inline;vertical-align: super;font-size:7.4px">*</div> Investment results assume all distributions are reinvested and reflect applicable fees and expenses. When applicable, results reflect fee waivers and/or expense reimbursements, without which they would have been lower.</div>
<div style="margin-top: 0; font-family: 'Arial'; font-weight: normal; font-size: 8pt; line-height: 10pt; color: rgb(0, 0, 0); margin-bottom: 0; margin-left: 5pt; text-indent: -5pt;"><div style=";display:inline;vertical-align: super;font-size:7.4px">†</div> Results assume all distributions are reinvested. Any market index shown is unmanaged, and therefore, has no expenses. Investors cannot invest directly in an index. Source(s): MSCI.</div>
EUPAC Fund — Class F-2
0.2216
0.0396
0.0828
MSCI ACWI (All Country World Index) ex USA
0.2491
0.0702
0.0838
The fund’s past performance is not a predictor of its future performance.
The line chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares.
<div style="text-transform: none; margin-bottom: 2.0016pt; font-family: 'Times New Roman'; font-weight: bold; font-size: 11pt; line-height: 11pt; letter-spacing: normal; color: rgb(0, 95, 158); margin-top: 10pt;">Key fund statistics</div>
<div style="margin-bottom: 14pt; width: auto; padding-left: 0;">
<table style="text-align:start; width: 100%; border-collapse: collapse; break-inside: avoid;">
<tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; border-bottom-color: rgb(153, 153, 153); height: auto; border-top-color: rgb(153, 153, 153); border-top-style: solid; border-top-width: 0.5pt;">
<td style="break-inside: avoid-page; vertical-align: middle; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; width: 70%; font-weight: normal;">Fund net assets (in millions)</td>
<td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0);"><div style="float: none; letter-spacing: 0px; top: 0px;display:inline;">$</div>126,761</td>
</tr>
<tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; border-bottom-color: rgb(153, 153, 153); height: auto;">
<td style="break-inside: avoid-page; vertical-align: middle; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; width: 70%; font-weight: normal;">Total number of portfolio holdings</td>
<td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0);">387</td>
</tr>
<tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; border-bottom-color: rgb(153, 153, 153); height: auto;">
<td style="break-inside: avoid-page; vertical-align: middle; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; width: 70%; font-weight: normal;">Total advisory fees paid (in millions)</td>
<td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0);"><div style="float: none; letter-spacing: 0px; top: 0px;display:inline;">$</div>558</td>
</tr>
<tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; border-bottom-color: rgb(153, 153, 153); height: auto;">
<td style="break-inside: avoid-page; vertical-align: middle; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; width: 70%; font-weight: normal;">Portfolio turnover rate</td>
<td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0);">50<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
</tr>
</table>
</div>
126761000000
387
558000000
0.50
<div style="border-bottom-width: initial; border-bottom-style: none; font-family: 'Arial'; font-weight: normal; font-size: 10pt; line-height: 11pt; letter-spacing: normal; text-transform: none; text-align: left; color: rgb(0, 0, 0); margin-top: 10pt; margin-bottom: 2.0016pt; padding-bottom: 0; border-bottom-color: initial; padding-left: 27pt;"><div style="font-family: 'Times New Roman'; font-size: 11pt; line-height: 11pt; letter-spacing: normal; text-transform: none; text-align: left; color: rgb(0, 95, 158); margin-top: 10pt; margin-bottom: 3pt; padding-bottom: 0; border-bottom-color: initial; border-bottom-style: none; border-bottom-width: initial;font-weight:bolder;display:inline;">Portfolio holdings by sector </div>(percent of net assets)</div>
<div style="padding-right: 0; display: inline-block; padding-left: 25pt;"><img alt="Graphical Representation - Allocation 1 Chart" src="chartimages_1584798.jpg" style="float: right; width: 300pt;"/> </div>
<div style="font-family: 'Times New Roman'; font-weight: bold; font-size: 11pt; line-height: 12pt; letter-spacing: normal; text-transform: none; color: rgb(0, 95, 158); padding-top: 0; margin-top: 0; margin-bottom: 2.0016pt;">Material fund <div style="display:inline;">changes</div></div>
<div style="margin-top: 0; font-family: 'Arial'; font-weight: normal; font-size: 9pt; line-height: 11pt; color: rgb(0, 0, 0); padding-bottom: 9pt; margin-bottom: 0;">This is a summary of certain changes to the fund since April 1, 2025. For more complete information, you may review the fund’s next prospectus, which we expect to be available by June 1, 2026 at <div style="text-decoration-line: underline; font-family: "Times New Roman"; color: rgb(0, 95, 158); font-size: 10pt; line-height: 13pt; letter-spacing: -0.05pt; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">capitalgroup.com/mutual-fund-literature-F2</div></div> or upon request at <div style="display:inline;">(800) 421-4225</div><div style="display:inline;">.</div></div>
<div style="margin-top: 0; font-family: 'Arial'; font-weight: normal; font-size: 9pt; line-height: 11pt; color: rgb(0, 0, 0); padding-bottom: 9pt; margin-bottom: 0;">Effective June 1, 2025, the fund name is EUPAC Fund. </div>
This is a summary of certain changes to the fund since April 1, 2025. For more complete information, you may review the fund’s next prospectus, which we expect to be available by June 1, 2026 at <div style="text-decoration-line: underline; font-family: "Times New Roman"; color: rgb(0, 95, 158); font-size: 10pt; line-height: 13pt; letter-spacing: -0.05pt; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">capitalgroup.com/mutual-fund-literature-F2</div></div> or upon request at <div style="display:inline;">(800) 421-4225</div><div style="display:inline;">.</div>
2025-04-01
capitalgroup.com/mutual-fund-literature-F2
(800) 421-4225
Effective June 1, 2025, the fund name is EUPAC Fund.
EUPAC Fund™
Class F-3
FEUPX
This annual shareholder report contains important information about EUPAC Fund (the "fund") for the period from April 1, 2025 to March 31, 2026.
annual shareholder report
You can find additional information about the fund at <div style="text-decoration-line: underline; font-family: "Times New Roman"; color: rgb(0, 95, 158); font-size: 10pt; line-height: 13pt; letter-spacing: -0.05pt; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">capitalgroup.com/mutual-fund-literature-F3</div></div>. You can also request this information by contacting us at<div style="display:inline;"> </div><div style="display:inline;">(800) 421-4225</div><div style="display:inline;">.</div>
capitalgroup.com/mutual-fund-literature-F3
(800) 421-4225
This report describes changes to the fund that occurred during the reporting period.
<div style="margin-bottom: 6pt;"><div style="margin-top: 0; letter-spacing: normal; text-transform: none; font-family: 'Arial'; font-weight: normal; font-size: 10pt; line-height: 13pt; color: rgb(0, 0, 0); margin-bottom: 0;"><div style="font-family: 'Times New Roman'; font-size: 11pt; line-height: 13pt; color: rgb(0, 95, 158);font-weight:bolder;display:inline;width:100%;">What were the fund costs for the last year?</div> (based on a hypothetical $10,000 investment)</div></div> <div style="margin-bottom: 4pt;"><table style="text-align:start; break-inside: avoid; table-layout: auto; width: 100%; border-collapse: collapse; border-bottom-color: rgb(153, 153, 153); border-bottom-style: solid; border-bottom-width: 0.5pt; margin-bottom: 3pt;"><tr style="break-after: avoid; border-bottom-style: none; border-bottom-width: initial; break-inside: avoid-page; background-color: rgb(0, 95, 158); border-right-color: rgb(255, 255, 255); border-right-style: solid; border-right-width: 0.5pt; height: 19.008pt; border-bottom-color: initial;"><td style="break-inside: avoid-page; padding: 3pt 6pt; font-size: 10pt; line-height: 10pt; width: 126.9pt; font-family: "Times New Roman"; text-align: center; vertical-align: middle; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255);"><div style="font-weight:bolder;display:inline;">Share class</div></td><td style="break-inside: avoid-page; padding: 3pt 6pt; font-size: 10pt; line-height: 10pt; width: 171.072pt; font-family: "Times New Roman"; text-align: center; vertical-align: middle; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255);"><div style="font-weight:bolder;display:inline;">Costs of a $10,000 investment</div></td><td style="break-inside: avoid-page; padding: 3pt 0px; font-size: 10pt; line-height: 10pt; width: 267.948pt; font-family: "Times New Roman"; text-align: center; vertical-align: middle; color: rgb(255, 255, 255); border-right: initial initial;"><div style="font-weight:bolder;display:inline;">Costs paid as a percentage of a $10,000 investment</div></td></tr><tr style="border-bottom-width: initial; border-bottom-style: none; break-inside: avoid-page; height: 20pt; border-bottom-color: initial;"><td style="break-inside: avoid-page; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; font-size: 10pt; line-height: 10pt; font-family: 'Arial'; text-align: center; width: 126.9pt; color: rgb(0, 0, 0); padding-right: 6pt; padding-left: 6pt; vertical-align: bottom;">Class F-3</td><td style="break-inside: avoid-page; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; font-family: 'Arial'; font-size: 10pt; line-height: 10pt; text-align: center; width: 171.072pt; color: rgb(0, 0, 0); padding-right: 6pt; padding-left: 6pt; vertical-align: bottom;"><div style="float: none; letter-spacing: 0px; top: 0px;display:inline;">$</div>52</td><td style="break-inside: avoid-page; white-space: nowrap; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; font-size: 10pt; line-height: 10pt; font-family: 'Arial'; text-align: center; width: 267.948pt; color: rgb(0, 0, 0); padding-right: 0; padding-left: 0; vertical-align: bottom;">0.47<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td></tr></table></div>
52
0.0047
<div style="font-family: 'Times New Roman'; font-weight: bold; font-size: 11pt; line-height: 12pt; letter-spacing: normal; text-transform: none; color: rgb(0, 95, 158); padding-top: 0; margin-top: 0; margin-bottom: 2.0016pt;">Management's discussion of fund performance</div> <div style="margin-top: 0; font-weight: normal; font-family: 'Arial'; font-size: 9pt; line-height: 11pt; letter-spacing: -0.04pt; color: rgb(0, 0, 0); margin-bottom: 4.0032pt;">The fund’s Class F-3 shares gained 22.30% for the year ended March 31, 2026. That result compares with a 24.91% gain for the MSCI ACWI (All Country World Index) ex USA. For information on returns for additional periods, including the fund lifetime, please refer to <div style="text-decoration-line: underline; font-family: "Times New Roman"; color: rgb(0, 95, 158); font-size: 9pt; line-height: 11pt; letter-spacing: -0.04pt;display:inline;"><div style="font-weight:bolder;display:inline;">capitalgroup.com/mutual-fund-returns-F3</div></div>.</div> <div style="margin-bottom: 2.0016pt; font-family: 'Times New Roman'; font-weight: bold; font-size: 10pt; line-height: 10pt; letter-spacing: normal; text-transform: none; color: rgb(0, 0, 0); padding-top: 0; margin-top: 6pt;">What factors influenced results</div> <div style="margin-top: 0; font-weight: normal; font-family: 'Arial'; font-size: 9pt; line-height: 11pt; letter-spacing: -0.04pt; color: rgb(0, 0, 0); margin-bottom: 4.0032pt;">International equity markets delivered strong gains during the during the one-year period ended March 31, 2026, remaining resilient despite persistent trade tensions. However, momentum slowed late in the period as the Middle East conflict led to an energy crisis. Equities in the U.K. and Japan advanced but pulled back sharply in March. Chinese equities posted modest gains, while Indian stocks declined.</div> <div style="margin-top: 0; font-weight: normal; font-family: 'Arial'; font-size: 9pt; line-height: 11pt; letter-spacing: -0.04pt; color: rgb(0, 0, 0); margin-bottom: 4.0032pt;">Within the fund, most sectors contributed to the portfolio, with information technology being the most additive. Returns from the financials, industrials and materials sectors were also positive. Conversely, holdings in the health care and consumer discretionary sectors saw negative results during the period. </div> <div style="margin-top: 0; font-weight: normal; font-family: 'Arial'; font-size: 9pt; line-height: 11pt; letter-spacing: -0.04pt; color: rgb(0, 0, 0); margin-bottom: 4.0032pt;">Geographically, investments in companies based in Taiwan, Canada and South Korea contributed significantly to absolute returns. Shares of companies in Denmark, India and China posted negative overall returns. </div>
<img alt="Fund Performance - Growth of 10K" src="chartimages_1584440.jpg" style="display: block; margin-left: auto; margin-right: auto; width: 550pt;"/>
<div style="border-bottom-width: initial; border-bottom-style: none; font-family: 'Times New Roman'; font-weight: bold; font-size: 10pt; line-height: 10pt; text-align: left; letter-spacing: normal; text-transform: none; color: rgb(0, 0, 0); border-bottom-color: initial; padding-bottom: 0; margin-bottom: 4pt; margin-top: 0;">Average annual total returns</div> <table style="text-align:start; break-inside: avoid; table-layout: auto; width: 100%; border-collapse: collapse;"><tr style="break-after: avoid; border-bottom-style: solid; border-bottom-width: 0.5pt; break-inside: avoid-page; background-color: rgb(0, 95, 158); border-right-color: rgb(255, 255, 255); border-right-style: solid; border-right-width: 0.5pt; height: 16.9992pt; border-bottom-color: rgb(153, 153, 153);"><td style="break-inside: avoid-page; padding: 0px 2pt; white-space: nowrap; font-family: "Times New Roman"; font-size: 10pt; line-height: 10pt; text-align: center; vertical-align: middle; color: rgb(0, 0, 0); border-right: initial initial; background-color: rgb(223, 229, 240);"><div style="display:inline;"></div></td><td style="break-inside: avoid-page; padding: 0px 5pt; width: 64pt; font-family: "Times New Roman"; font-size: 10pt; line-height: 10pt; text-align: center; vertical-align: middle; white-space: nowrap; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255); background-color: rgb(0, 95, 158);"><div style="font-weight:bolder;display:inline;">1 year</div></td><td style="break-inside: avoid-page; padding: 0px 5pt; width: 64pt; font-family: "Times New Roman"; font-size: 10pt; line-height: 10pt; text-align: center; vertical-align: middle; white-space: nowrap; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255); background-color: rgb(0, 95, 158);"><div style="font-weight:bolder;display:inline;">5 years</div></td><td style="break-inside: avoid-page; padding: 0px 5pt; width: 64pt; font-family: "Times New Roman"; font-size: 10pt; line-height: 10pt; text-align: center; vertical-align: middle; white-space: nowrap; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255); background-color: rgb(0, 95, 158);"><div style="font-weight:bolder;display:inline;">Since inception<div style=";display:inline;vertical-align: super;font-size:9.2px">1</div></div></td></tr><tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: auto; border-bottom-color: rgb(153, 153, 153); background-color: rgb(255, 255, 255);"><td style="break-inside: avoid-page; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; vertical-align: middle; padding-top: 3pt; padding-right: 0; padding-bottom: 3pt; padding-left: 2pt;">EUPAC Fund — Class <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">F-3</div><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"><div style=";display:inline;vertical-align: super;font-size:8.3px">2</div></div></td><td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">22.30<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td><td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">4.08<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td><td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">8.18<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td></tr><tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: auto; border-bottom-color: rgb(153, 153, 153); background-color: rgb(255, 255, 255);"><td style="break-inside: avoid-page; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; vertical-align: middle; padding-top: 3pt; padding-right: 0; padding-bottom: 3pt; padding-left: 2pt;">MSCI ACWI (All Country World Index) ex <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">USA</div><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"><div style=";display:inline;vertical-align: super;font-size:8.3px">3</div></div></td><td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">24.91<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td><td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">7.02<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td><td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">8.12<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td></tr></table> <div style="margin-top: 0; font-family: 'Arial'; font-weight: normal; font-size: 8pt; line-height: 10pt; color: rgb(0, 0, 0); margin-bottom: 0; margin-left: 5pt; text-indent: -5pt;"><div style=";display:inline;vertical-align: super;font-size:7.4px">1</div> Class F-3 shares were first offered on January 27, 2017.</div> <div style="margin-top: 0; font-family: 'Arial'; font-weight: normal; font-size: 8pt; line-height: 10pt; color: rgb(0, 0, 0); margin-bottom: 0; margin-left: 5pt; text-indent: -5pt;"><div style=";display:inline;vertical-align: super;font-size:7.4px">2</div> Investment results assume all distributions are reinvested and reflect applicable fees and expenses. When applicable, results reflect fee waivers and/or expense reimbursements, without which they would have been lower.</div> <div style="margin-top: 0; font-family: 'Arial'; font-weight: normal; font-size: 8pt; line-height: 10pt; color: rgb(0, 0, 0); margin-bottom: 0; margin-left: 5pt; text-indent: -5pt;"><div style=";display:inline;vertical-align: super;font-size:7.4px">3</div> Results assume all distributions are reinvested. Any market index shown is unmanaged, and therefore, has no expenses. Investors cannot invest directly in an index. Source(s): MSCI.</div>
EUPAC Fund — Class F-3
0.223
0.0408
0.0818
MSCI ACWI (All Country World Index) ex USA
0.2491
0.0702
0.0812
2017-01-27
The fund’s past performance is not a predictor of its future performance.
The line chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares.
<div style="text-transform: none; margin-bottom: 2.0016pt; font-family: 'Times New Roman'; font-weight: bold; font-size: 11pt; line-height: 11pt; letter-spacing: normal; color: rgb(0, 95, 158); margin-top: 10pt;">Key fund statistics</div> <div style="margin-bottom: 14pt; width: auto; padding-left: 0;"><table style="text-align:start; width: 100%; border-collapse: collapse; break-inside: avoid;"><tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; border-bottom-color: rgb(153, 153, 153); height: auto; border-top-color: rgb(153, 153, 153); border-top-style: solid; border-top-width: 0.5pt;"><td style="break-inside: avoid-page; vertical-align: middle; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; width: 70%; font-weight: normal;">Fund net assets (in millions)</td><td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0);"><div style="float: none; letter-spacing: 0px; top: 0px;display:inline;">$</div>126,761</td></tr><tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; border-bottom-color: rgb(153, 153, 153); height: auto;"><td style="break-inside: avoid-page; vertical-align: middle; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; width: 70%; font-weight: normal;">Total number of portfolio holdings</td><td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0);">387</td></tr><tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; border-bottom-color: rgb(153, 153, 153); height: auto;"><td style="break-inside: avoid-page; vertical-align: middle; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; width: 70%; font-weight: normal;">Total advisory fees paid (in millions)</td><td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0);"><div style="float: none; letter-spacing: 0px; top: 0px;display:inline;">$</div>558</td></tr><tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; border-bottom-color: rgb(153, 153, 153); height: auto;"><td style="break-inside: avoid-page; vertical-align: middle; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; width: 70%; font-weight: normal;">Portfolio turnover rate</td><td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0);">50<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td></tr></table></div>
126761000000
387
558000000
0.50
<div style="border-bottom-width: initial; border-bottom-style: none; font-family: 'Arial'; font-weight: normal; font-size: 10pt; line-height: 11pt; letter-spacing: normal; text-transform: none; text-align: left; color: rgb(0, 0, 0); margin-top: 10pt; margin-bottom: 2.0016pt; padding-bottom: 0; border-bottom-color: initial; padding-left: 27pt;"><div style="font-family: 'Times New Roman'; font-size: 11pt; line-height: 11pt; letter-spacing: normal; text-transform: none; text-align: left; color: rgb(0, 95, 158); margin-top: 10pt; margin-bottom: 3pt; padding-bottom: 0; border-bottom-color: initial; border-bottom-style: none; border-bottom-width: initial;font-weight:bolder;display:inline;">Portfolio holdings by sector </div>(percent of net assets)</div> <div style="padding-right: 0; display: inline-block; padding-left: 25pt;"><img alt="Graphical Representation - Allocation 1 Chart" src="chartimages_1584446.jpg" style="float: right; width: 300pt;"/> </div>
<div style="font-family: 'Times New Roman'; font-weight: bold; font-size: 11pt; line-height: 12pt; letter-spacing: normal; text-transform: none; color: rgb(0, 95, 158); padding-top: 0; margin-top: 0; margin-bottom: 2.0016pt;">Material fund <div style="display:inline;"><div style="letter-spacing: 0px; top: 0px;display:inline;">changes</div></div></div> <div style="margin-top: 0; font-family: 'Arial'; font-weight: normal; font-size: 9pt; line-height: 11pt; color: rgb(0, 0, 0); padding-bottom: 9pt; margin-bottom: 0;">This is a summary of certain changes to the fund since April 1, 2025. For more complete information, you may review the fund’s next prospectus, which we expect to be available by June 1, 2026 at <div style="text-decoration-line: underline; font-family: "Times New Roman"; color: rgb(0, 95, 158); font-size: 10pt; line-height: 13pt; letter-spacing: -0.05pt; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">capitalgroup.com/mutual-fund-literature-F3</div></div> or upon request at<div style="display:inline;"> </div><div style="display:inline;">(800) 421-4225</div><div style="display:inline;">.</div></div> <div style="margin-top: 0; font-family: 'Arial'; font-weight: normal; font-size: 9pt; line-height: 11pt; color: rgb(0, 0, 0); padding-bottom: 9pt; margin-bottom: 0;">Effective June 1, 2025, the fund name is EUPAC Fund. </div>
This is a summary of certain changes to the fund since April 1, 2025. For more complete information, you may review the fund’s next prospectus, which we expect to be available by June 1, 2026 at <div style="text-decoration-line: underline; font-family: "Times New Roman"; color: rgb(0, 95, 158); font-size: 10pt; line-height: 13pt; letter-spacing: -0.05pt; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">capitalgroup.com/mutual-fund-literature-F3</div></div> or upon request at<div style="display:inline;"> </div><div style="display:inline;">(800) 421-4225</div><div style="display:inline;">.</div>
2025-04-01
capitalgroup.com/mutual-fund-literature-F3
(800) 421-4225
Effective June 1, 2025, the fund name is EUPAC Fund.
EUPAC Fund™
Class 529-A
CEUAX
This annual shareholder report contains important information about EUPAC Fund (the "fund") for the period from April 1, 2025 to March 31, 2026.
annual shareholder report
You can find additional information about the fund at <div style="text-decoration-line: underline; font-family: "Times New Roman"; color: rgb(0, 95, 158); font-size: 10pt; line-height: 13pt; letter-spacing: -0.05pt; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">capitalgroup.com/mutual-fund-literature-529A</div></div>. You can also request this information by contacting us at<div style="display:inline;"><div style="display:inline;"> </div>(800) 421-4225.</div>
capitalgroup.com/mutual-fund-literature-529A
(800) 421-4225
This report describes changes to the fund that occurred during the reporting period.
<div style="margin-bottom: 6pt;">
<div style="margin-top: 0; letter-spacing: normal; text-transform: none; font-family: 'Arial'; font-weight: normal; font-size: 10pt; line-height: 13pt; color: rgb(0, 0, 0); margin-bottom: 0;"><div style="font-family: 'Times New Roman'; font-size: 11pt; line-height: 13pt; color: rgb(0, 95, 158);font-weight:bolder;display:inline;width:100%;">What were the fund costs for the last year?</div> (based on a hypothetical $10,000 investment)</div>
</div>
<div style="margin-bottom: 4pt;">
<table style="text-align:start; break-inside: avoid; table-layout: auto; width: 100%; border-collapse: collapse; border-bottom-color: rgb(153, 153, 153); border-bottom-style: solid; border-bottom-width: 0.5pt; margin-bottom: 3pt;">
<tr style="break-after: avoid; border-bottom-style: none; border-bottom-width: initial; break-inside: avoid-page; background-color: rgb(0, 95, 158); border-right-color: rgb(255, 255, 255); border-right-style: solid; border-right-width: 0.5pt; height: 19.008pt; border-bottom-color: initial;">
<td style="break-inside: avoid-page; padding: 3pt 6pt; font-size: 10pt; line-height: 10pt; width: 126.9pt; font-family: "Times New Roman"; text-align: center; vertical-align: middle; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255);"><div style="font-weight:bolder;display:inline;">Share class</div></td>
<td style="break-inside: avoid-page; padding: 3pt 6pt; font-size: 10pt; line-height: 10pt; width: 171.072pt; font-family: "Times New Roman"; text-align: center; vertical-align: middle; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255);"><div style="font-weight:bolder;display:inline;">Costs of a $10,000 investment</div></td>
<td style="break-inside: avoid-page; padding: 3pt 0px; font-size: 10pt; line-height: 10pt; width: 267.948pt; font-family: "Times New Roman"; text-align: center; vertical-align: middle; color: rgb(255, 255, 255); border-right: initial initial;"><div style="font-weight:bolder;display:inline;">Costs paid as a percentage of a $10,000 investment</div></td>
</tr>
<tr style="border-bottom-width: initial; border-bottom-style: none; break-inside: avoid-page; height: 20pt; border-bottom-color: initial;">
<td style="break-inside: avoid-page; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; font-size: 10pt; line-height: 10pt; font-family: 'Arial'; text-align: center; width: 126.9pt; color: rgb(0, 0, 0); padding-right: 6pt; padding-left: 6pt; vertical-align: bottom;">Class 529-A</td>
<td style="break-inside: avoid-page; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; font-family: 'Arial'; font-size: 10pt; line-height: 10pt; text-align: center; width: 171.072pt; color: rgb(0, 0, 0); padding-right: 6pt; padding-left: 6pt; vertical-align: bottom;"><div style="float: none; letter-spacing: 0px; top: 0px;display:inline;">$</div>95</td>
<td style="break-inside: avoid-page; white-space: nowrap; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; font-size: 10pt; line-height: 10pt; font-family: 'Arial'; text-align: center; width: 267.948pt; color: rgb(0, 0, 0); padding-right: 0; padding-left: 0; vertical-align: bottom;">0.86<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
</tr>
</table>
</div>
95
0.0086
<div style="font-family: 'Times New Roman'; font-weight: bold; font-size: 11pt; line-height: 12pt; letter-spacing: normal; text-transform: none; color: rgb(0, 95, 158); padding-top: 0; margin-top: 0; margin-bottom: 2.0016pt;">Management's discussion of fund performance</div>
<div style="margin-top: 0; font-weight: normal; font-family: 'Arial'; font-size: 9pt; line-height: 11pt; letter-spacing: -0.04pt; color: rgb(0, 0, 0); margin-bottom: 4.0032pt;">The fund’s Class 529-A shares gained 21.83% for the year ended March 31, 2026. That result compares with a 24.91% gain for the MSCI ACWI (All Country World Index) ex USA. For information on returns for additional periods, including the fund lifetime, please refer to <div style="text-decoration-line: underline; font-family: "Times New Roman"; color: rgb(0, 95, 158); font-size: 9pt; line-height: 11pt; letter-spacing: -0.04pt;display:inline;"><div style="font-weight:bolder;display:inline;">capitalgroup.com/mutual-fund-returns-529A</div></div>.</div>
<div style="margin-bottom: 2.0016pt; font-family: 'Times New Roman'; font-weight: bold; font-size: 10pt; line-height: 10pt; letter-spacing: normal; text-transform: none; color: rgb(0, 0, 0); padding-top: 0; margin-top: 6pt;">What factors influenced results</div>
<div style="margin-top: 0; font-weight: normal; font-family: 'Arial'; font-size: 9pt; line-height: 11pt; letter-spacing: -0.04pt; color: rgb(0, 0, 0); margin-bottom: 4.0032pt;">International equity markets delivered strong gains during the during the one-year period ended March 31, 2026, remaining resilient despite persistent trade tensions. However, momentum slowed late in the period as the Middle East conflict led to an energy crisis. Equities in the U.K. and Japan advanced but pulled back sharply in March. Chinese equities posted modest gains, while Indian stocks declined.</div>
<div style="margin-top: 0; font-weight: normal; font-family: 'Arial'; font-size: 9pt; line-height: 11pt; letter-spacing: -0.04pt; color: rgb(0, 0, 0); margin-bottom: 4.0032pt;">Within the fund, most sectors contributed to the portfolio, with information technology being the most additive. Returns from the financials, industrials and materials sectors were also positive. Conversely, holdings in the health care and consumer discretionary sectors saw negative results during the period. </div>
<div style="margin-top: 0; font-weight: normal; font-family: 'Arial'; font-size: 9pt; line-height: 11pt; letter-spacing: -0.04pt; color: rgb(0, 0, 0); margin-bottom: 4.0032pt;">Geographically, investments in companies based in Taiwan, Canada and South Korea contributed significantly to absolute returns. Shares of companies in Denmark, India and China posted negative overall returns. </div>
<img alt="Fund Performance - Growth of 10K" src="chartimages_1584836.jpg" style="display: block; margin-left: auto; margin-right: auto; width: 550pt;"/>
<div style="border-bottom-width: initial; border-bottom-style: none; font-family: 'Times New Roman'; font-weight: bold; font-size: 10pt; line-height: 10pt; text-align: left; letter-spacing: normal; text-transform: none; color: rgb(0, 0, 0); border-bottom-color: initial; padding-bottom: 0; margin-bottom: 4pt; margin-top: 0;">Average annual total returns</div>
<table style="text-align:start; break-inside: avoid; table-layout: auto; width: 100%; border-collapse: collapse;">
<tr style="break-after: avoid; border-bottom-style: solid; border-bottom-width: 0.5pt; break-inside: avoid-page; background-color: rgb(0, 95, 158); border-right-color: rgb(255, 255, 255); border-right-style: solid; border-right-width: 0.5pt; height: 16.9992pt; border-bottom-color: rgb(153, 153, 153);">
<td style="break-inside: avoid-page; padding: 0px 2pt; white-space: nowrap; font-family: "Times New Roman"; font-size: 10pt; line-height: 10pt; text-align: center; vertical-align: middle; color: rgb(0, 0, 0); border-right: initial initial; background-color: rgb(223, 229, 240);"><div style="display:inline;"></div></td>
<td style="break-inside: avoid-page; padding: 0px 5pt; width: 64pt; font-family: "Times New Roman"; font-size: 10pt; line-height: 10pt; text-align: center; vertical-align: middle; white-space: nowrap; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255); background-color: rgb(0, 95, 158);"><div style="font-weight:bolder;display:inline;">1 year</div></td>
<td style="break-inside: avoid-page; padding: 0px 5pt; width: 64pt; font-family: "Times New Roman"; font-size: 10pt; line-height: 10pt; text-align: center; vertical-align: middle; white-space: nowrap; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255); background-color: rgb(0, 95, 158);"><div style="font-weight:bolder;display:inline;">5 years</div></td>
<td style="break-inside: avoid-page; padding: 0px 5pt; width: 64pt; font-family: "Times New Roman"; font-size: 10pt; line-height: 10pt; text-align: center; vertical-align: middle; white-space: nowrap; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255); background-color: rgb(0, 95, 158);"><div style="font-weight:bolder;display:inline;">10 years</div></td>
</tr>
<tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: auto; border-bottom-color: rgb(153, 153, 153); background-color: rgb(255, 255, 255);">
<td style="break-inside: avoid-page; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; vertical-align: middle; padding-top: 3pt; padding-right: 0; padding-bottom: 3pt; padding-left: 2pt;">EUPAC Fund — Class 529-A (with sales <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">charge)</div><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"><div style=";display:inline;vertical-align: super;font-size:8.3px">*</div></div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">17.56<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">2.94<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">7.59<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
</tr>
<tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: auto; border-bottom-color: rgb(153, 153, 153); background-color: rgb(255, 255, 255);">
<td style="break-inside: avoid-page; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; vertical-align: middle; padding-top: 3pt; padding-right: 0; padding-bottom: 3pt; padding-left: 2pt;">EUPAC Fund — Class 529-A (without sales <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">charge)</div><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"><div style=";display:inline;vertical-align: super;font-size:8.3px">*</div></div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">21.83<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">3.67<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">7.97<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
</tr>
<tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: auto; border-bottom-color: rgb(153, 153, 153); background-color: rgb(255, 255, 255);">
<td style="break-inside: avoid-page; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; vertical-align: middle; padding-top: 3pt; padding-right: 0; padding-bottom: 3pt; padding-left: 2pt;">MSCI ACWI (All Country World Index) ex <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">USA</div><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"><div style=";display:inline;vertical-align: super;font-size:8.3px">†</div></div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">24.91<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">7.02<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">8.38<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
</tr>
</table>
<div style="margin-top: 0; font-family: 'Arial'; font-weight: normal; font-size: 8pt; line-height: 10pt; color: rgb(0, 0, 0); margin-bottom: 0; margin-left: 5pt; text-indent: -5pt;"><div style=";display:inline;vertical-align: super;font-size:7.4px">*</div> Investment results assume all distributions are reinvested and reflect applicable fees and expenses. When applicable, results reflect fee waivers and/or expense reimbursements, without which they would have been lower.</div>
<div style="margin-top: 0; font-family: 'Arial'; font-weight: normal; font-size: 8pt; line-height: 10pt; color: rgb(0, 0, 0); margin-bottom: 0; margin-left: 5pt; text-indent: -5pt;"><div style=";display:inline;vertical-align: super;font-size:7.4px">†</div> Results assume all distributions are reinvested. Any market index shown is unmanaged, and therefore, has no expenses. Investors cannot invest directly in an index. Source(s): MSCI.</div>
EUPAC Fund — Class 529-A (with sales charge)
0.1756
0.0294
0.0759
EUPAC Fund — Class 529-A (without sales charge)
0.2183
0.0367
0.0797
MSCI ACWI (All Country World Index) ex USA
0.2491
0.0702
0.0838
The fund’s past performance is not a predictor of its future performance.
The line chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares.
<div style="text-transform: none; margin-bottom: 2.0016pt; font-family: 'Times New Roman'; font-weight: bold; font-size: 11pt; line-height: 11pt; letter-spacing: normal; color: rgb(0, 95, 158); margin-top: 10pt;">Key fund statistics</div>
<div style="margin-bottom: 14pt; width: auto; padding-left: 0;">
<table style="text-align:start; width: 100%; border-collapse: collapse; break-inside: avoid;">
<tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; border-bottom-color: rgb(153, 153, 153); height: auto; border-top-color: rgb(153, 153, 153); border-top-style: solid; border-top-width: 0.5pt;">
<td style="break-inside: avoid-page; vertical-align: middle; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; width: 70%; font-weight: normal;">Fund net assets (in millions)</td>
<td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0);"><div style="float: none; letter-spacing: 0px; top: 0px;display:inline;">$</div>126,761</td>
</tr>
<tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; border-bottom-color: rgb(153, 153, 153); height: auto;">
<td style="break-inside: avoid-page; vertical-align: middle; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; width: 70%; font-weight: normal;">Total number of portfolio holdings</td>
<td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0);">387</td>
</tr>
<tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; border-bottom-color: rgb(153, 153, 153); height: auto;">
<td style="break-inside: avoid-page; vertical-align: middle; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; width: 70%; font-weight: normal;">Total advisory fees paid (in millions)</td>
<td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0);"><div style="float: none; letter-spacing: 0px; top: 0px;display:inline;">$</div>558</td>
</tr>
<tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; border-bottom-color: rgb(153, 153, 153); height: auto;">
<td style="break-inside: avoid-page; vertical-align: middle; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; width: 70%; font-weight: normal;">Portfolio turnover rate</td>
<td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0);">50<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
</tr>
</table>
</div>
126761000000
387
558000000
0.50
<div style="border-bottom-width: initial; border-bottom-style: none; font-family: 'Arial'; font-weight: normal; font-size: 10pt; line-height: 11pt; letter-spacing: normal; text-transform: none; text-align: left; color: rgb(0, 0, 0); margin-top: 10pt; margin-bottom: 2.0016pt; padding-bottom: 0; border-bottom-color: initial; padding-left: 27pt;"><div style="font-family: 'Times New Roman'; font-size: 11pt; line-height: 11pt; letter-spacing: normal; text-transform: none; text-align: left; color: rgb(0, 95, 158); margin-top: 10pt; margin-bottom: 3pt; padding-bottom: 0; border-bottom-color: initial; border-bottom-style: none; border-bottom-width: initial;font-weight:bolder;display:inline;">Portfolio holdings by sector </div>(percent of net assets)</div>
<div style="padding-right: 0; display: inline-block; padding-left: 25pt;"><img alt="Graphical Representation - Allocation 1 Chart" src="chartimages_1584842.jpg" style="float: right; width: 300pt;"/> </div>
<div style="font-family: 'Times New Roman'; font-weight: bold; font-size: 11pt; line-height: 12pt; letter-spacing: normal; text-transform: none; color: rgb(0, 95, 158); padding-top: 0; margin-top: 0; margin-bottom: 2.0016pt;">Material fund changes</div>
<div style="margin-top: 0; font-family: 'Arial'; font-weight: normal; font-size: 9pt; line-height: 11pt; color: rgb(0, 0, 0); padding-bottom: 9pt; margin-bottom: 0;">This is a summary of certain changes to the fund since April 1, 2025. For more complete information, you may review the fund’s next prospectus, which we expect to be available by June 1, 2026 at <div style="text-decoration-line: underline; font-family: "Times New Roman"; color: rgb(0, 95, 158); font-size: 10pt; line-height: 13pt; letter-spacing: -0.05pt; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">capitalgroup.com/mutual-fund-literature-529A</div></div> or upon request at <div style="display:inline;">(800) 421-4225</div><div style="display:inline;">.</div></div>
<div style="margin-top: 0; font-family: 'Arial'; font-weight: normal; font-size: 9pt; line-height: 11pt; color: rgb(0, 0, 0); padding-bottom: 9pt; margin-bottom: 0;">Effective June 1, 2025, the fund name is EUPAC Fund. </div>
This is a summary of certain changes to the fund since April 1, 2025. For more complete information, you may review the fund’s next prospectus, which we expect to be available by June 1, 2026 at <div style="text-decoration-line: underline; font-family: "Times New Roman"; color: rgb(0, 95, 158); font-size: 10pt; line-height: 13pt; letter-spacing: -0.05pt; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">capitalgroup.com/mutual-fund-literature-529A</div></div> or upon request at <div style="display:inline;">(800) 421-4225</div><div style="display:inline;">.</div>
2025-04-01
capitalgroup.com/mutual-fund-literature-529A
(800) 421-4225
Effective June 1, 2025, the fund name is EUPAC Fund.
EUPAC Fund™
Class 529-C
CEUCX
This annual shareholder report contains important information about EUPAC Fund (the "fund") for the period from April 1, 2025 to March 31, 2026.
annual shareholder report
You can find additional information about the fund at <div style="text-decoration-line: underline; font-family: "Times New Roman"; color: rgb(0, 95, 158); font-size: 10pt; line-height: 13pt; letter-spacing: -0.05pt; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">capitalgroup.com/mutual-fund-literature-529C</div></div>. You can also request this information by contacting us at <div style="display:inline;">(800) 421-4225</div><div style="display:inline;">.</div>
capitalgroup.com/mutual-fund-literature-529C
(800) 421-4225
This report describes changes to the fund that occurred during the reporting period.
<div style="margin-bottom: 6pt;">
<div style="margin-top: 0; letter-spacing: normal; text-transform: none; font-family: 'Arial'; font-weight: normal; font-size: 10pt; line-height: 13pt; color: rgb(0, 0, 0); margin-bottom: 0;"><div style="font-family: 'Times New Roman'; font-size: 11pt; line-height: 13pt; color: rgb(0, 95, 158);font-weight:bolder;display:inline;width:100%;">What were the fund costs for the last year?</div> (based on a hypothetical $10,000 investment)</div>
</div>
<div style="margin-bottom: 4pt;">
<table style="text-align:start; break-inside: avoid; table-layout: auto; width: 100%; border-collapse: collapse; border-bottom-color: rgb(153, 153, 153); border-bottom-style: solid; border-bottom-width: 0.5pt; margin-bottom: 3pt;">
<tr style="break-after: avoid; border-bottom-style: none; border-bottom-width: initial; break-inside: avoid-page; background-color: rgb(0, 95, 158); border-right-color: rgb(255, 255, 255); border-right-style: solid; border-right-width: 0.5pt; height: 19.008pt; border-bottom-color: initial;">
<td style="break-inside: avoid-page; padding: 3pt 6pt; font-size: 10pt; line-height: 10pt; width: 126.9pt; font-family: "Times New Roman"; text-align: center; vertical-align: middle; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255);"><div style="font-weight:bolder;display:inline;">Share class</div></td>
<td style="break-inside: avoid-page; padding: 3pt 6pt; font-size: 10pt; line-height: 10pt; width: 171.072pt; font-family: "Times New Roman"; text-align: center; vertical-align: middle; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255);"><div style="font-weight:bolder;display:inline;">Costs of a $10,000 investment</div></td>
<td style="break-inside: avoid-page; padding: 3pt 0px; font-size: 10pt; line-height: 10pt; width: 267.948pt; font-family: "Times New Roman"; text-align: center; vertical-align: middle; color: rgb(255, 255, 255); border-right: initial initial;"><div style="font-weight:bolder;display:inline;">Costs paid as a percentage of a $10,000 investment</div></td>
</tr>
<tr style="border-bottom-width: initial; border-bottom-style: none; break-inside: avoid-page; height: 20pt; border-bottom-color: initial;">
<td style="break-inside: avoid-page; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; font-size: 10pt; line-height: 10pt; font-family: 'Arial'; text-align: center; width: 126.9pt; color: rgb(0, 0, 0); padding-right: 6pt; padding-left: 6pt; vertical-align: bottom;">Class 529-C</td>
<td style="break-inside: avoid-page; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; font-family: 'Arial'; font-size: 10pt; line-height: 10pt; text-align: center; width: 171.072pt; color: rgb(0, 0, 0); padding-right: 6pt; padding-left: 6pt; vertical-align: bottom;"><div style="float: none; letter-spacing: 0px; top: 0px;display:inline;">$</div>179</td>
<td style="break-inside: avoid-page; white-space: nowrap; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; font-size: 10pt; line-height: 10pt; font-family: 'Arial'; text-align: center; width: 267.948pt; color: rgb(0, 0, 0); padding-right: 0; padding-left: 0; vertical-align: bottom;">1.62<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
</tr>
</table>
</div>
179
0.0162
<div style="font-family: 'Times New Roman'; font-weight: bold; font-size: 11pt; line-height: 12pt; letter-spacing: normal; text-transform: none; color: rgb(0, 95, 158); padding-top: 0; margin-top: 0; margin-bottom: 2.0016pt;">Management's discussion of fund performance</div>
<div style="margin-top: 0; font-weight: normal; font-family: 'Arial'; font-size: 9pt; line-height: 11pt; letter-spacing: -0.04pt; color: rgb(0, 0, 0); margin-bottom: 4.0032pt;">The fund’s Class 529-C shares gained 20.90% for the year ended March 31, 2026. That result compares with a 24.91% gain for the MSCI ACWI (All Country World Index) ex USA. For information on returns for additional periods, including the fund lifetime, please refer to <div style="text-decoration-line: underline; font-family: "Times New Roman"; color: rgb(0, 95, 158); font-size: 9pt; line-height: 11pt; letter-spacing: -0.04pt;display:inline;"><div style="font-weight:bolder;display:inline;">capitalgroup.com/mutual-fund-returns-529C</div></div>.</div>
<div style="margin-bottom: 2.0016pt; font-family: 'Times New Roman'; font-weight: bold; font-size: 10pt; line-height: 10pt; letter-spacing: normal; text-transform: none; color: rgb(0, 0, 0); padding-top: 0; margin-top: 6pt;">What factors influenced results</div>
<div style="margin-top: 0; font-weight: normal; font-family: 'Arial'; font-size: 9pt; line-height: 11pt; letter-spacing: -0.04pt; color: rgb(0, 0, 0); margin-bottom: 4.0032pt;">International equity markets delivered strong gains during the during the one-year period ended March 31, 2026, remaining resilient despite persistent trade tensions. However, momentum slowed late in the period as the Middle East conflict led to an energy crisis. Equities in the U.K. and Japan advanced but pulled back sharply in March. Chinese equities posted modest gains, while Indian stocks declined.</div>
<div style="margin-top: 0; font-weight: normal; font-family: 'Arial'; font-size: 9pt; line-height: 11pt; letter-spacing: -0.04pt; color: rgb(0, 0, 0); margin-bottom: 4.0032pt;">Within the fund, most sectors contributed to the portfolio, with information technology being the most additive. Returns from the financials, industrials and materials sectors were also positive. Conversely, holdings in the health care and consumer discretionary sectors saw negative results during the period. </div>
<div style="margin-top: 0; font-weight: normal; font-family: 'Arial'; font-size: 9pt; line-height: 11pt; letter-spacing: -0.04pt; color: rgb(0, 0, 0); margin-bottom: 4.0032pt;">Geographically, investments in companies based in Taiwan, Canada and South Korea contributed significantly to absolute returns. Shares of companies in Denmark, India and China posted negative overall returns. </div>
<img alt="Fund Performance - Growth of 10K" src="chartimages_1584880.jpg" style="display: block; margin-left: auto; margin-right: auto; width: 550pt;"/>
<div style="border-bottom-width: initial; border-bottom-style: none; font-family: 'Times New Roman'; font-weight: bold; font-size: 10pt; line-height: 10pt; text-align: left; letter-spacing: normal; text-transform: none; color: rgb(0, 0, 0); border-bottom-color: initial; padding-bottom: 0; margin-bottom: 4pt; margin-top: 0;">Average annual total returns</div>
<table style="text-align:start; break-inside: avoid; table-layout: auto; width: 100%; border-collapse: collapse;">
<tr style="break-after: avoid; border-bottom-style: solid; border-bottom-width: 0.5pt; break-inside: avoid-page; background-color: rgb(0, 95, 158); border-right-color: rgb(255, 255, 255); border-right-style: solid; border-right-width: 0.5pt; height: 16.9992pt; border-bottom-color: rgb(153, 153, 153);">
<td style="break-inside: avoid-page; padding: 0px 2pt; white-space: nowrap; font-family: "Times New Roman"; font-size: 10pt; line-height: 10pt; text-align: center; vertical-align: middle; color: rgb(0, 0, 0); border-right: initial initial; background-color: rgb(223, 229, 240);"><div style="display:inline;"></div></td>
<td style="break-inside: avoid-page; padding: 0px 5pt; width: 64pt; font-family: "Times New Roman"; font-size: 10pt; line-height: 10pt; text-align: center; vertical-align: middle; white-space: nowrap; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255); background-color: rgb(0, 95, 158);"><div style="font-weight:bolder;display:inline;">1 year</div></td>
<td style="break-inside: avoid-page; padding: 0px 5pt; width: 64pt; font-family: "Times New Roman"; font-size: 10pt; line-height: 10pt; text-align: center; vertical-align: middle; white-space: nowrap; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255); background-color: rgb(0, 95, 158);"><div style="font-weight:bolder;display:inline;">5 years</div></td>
<td style="break-inside: avoid-page; padding: 0px 5pt; width: 64pt; font-family: "Times New Roman"; font-size: 10pt; line-height: 10pt; text-align: center; vertical-align: middle; white-space: nowrap; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255); background-color: rgb(0, 95, 158);"><div style="font-weight:bolder;display:inline;">10 years</div></td>
</tr>
<tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: auto; border-bottom-color: rgb(153, 153, 153); background-color: rgb(255, 255, 255);">
<td style="break-inside: avoid-page; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; vertical-align: middle; padding-top: 3pt; padding-right: 0; padding-bottom: 3pt; padding-left: 2pt;">EUPAC Fund — Class 529-C (with sales <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">charge)</div><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"><div style=";display:inline;vertical-align: super;font-size:8.3px">*</div></div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">19.90<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">2.89<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">7.56<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
</tr>
<tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: auto; border-bottom-color: rgb(153, 153, 153); background-color: rgb(255, 255, 255);">
<td style="break-inside: avoid-page; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; vertical-align: middle; padding-top: 3pt; padding-right: 0; padding-bottom: 3pt; padding-left: 2pt;">EUPAC Fund — Class 529-C (without sales <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">charge)</div><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"><div style=";display:inline;vertical-align: super;font-size:8.3px">*</div></div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">20.90<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">2.89<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">7.56<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
</tr>
<tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: auto; border-bottom-color: rgb(153, 153, 153); background-color: rgb(255, 255, 255);">
<td style="break-inside: avoid-page; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; vertical-align: middle; padding-top: 3pt; padding-right: 0; padding-bottom: 3pt; padding-left: 2pt;">MSCI ACWI (All Country World Index) ex <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">USA</div><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"><div style=";display:inline;vertical-align: super;font-size:8.3px">†</div></div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">24.91<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">7.02<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">8.38<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
</tr>
</table>
<div style="margin-top: 0; font-family: 'Arial'; font-weight: normal; font-size: 8pt; line-height: 10pt; color: rgb(0, 0, 0); margin-bottom: 0; margin-left: 5pt; text-indent: -5pt;"><div style=";display:inline;vertical-align: super;font-size:7.4px">*</div> Investment results assume all distributions are reinvested and reflect applicable fees and expenses. When applicable, results reflect fee waivers and/or expense reimbursements, without which they would have been lower.</div>
<div style="margin-top: 0; font-family: 'Arial'; font-weight: normal; font-size: 8pt; line-height: 10pt; color: rgb(0, 0, 0); margin-bottom: 0; margin-left: 5pt; text-indent: -5pt;"><div style=";display:inline;vertical-align: super;font-size:7.4px">†</div> Results assume all distributions are reinvested. Any market index shown is unmanaged, and therefore, has no expenses. Investors cannot invest directly in an index. Source(s): MSCI.</div>
EUPAC Fund — Class 529-C (with sales charge)
0.199
0.0289
0.0756
EUPAC Fund — Class 529-C (without sales charge)
0.209
0.0289
0.0756
MSCI ACWI (All Country World Index) ex USA
0.2491
0.0702
0.0838
The fund’s past performance is not a predictor of its future performance.
The line chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares.
<div style="text-transform: none; margin-bottom: 2.0016pt; font-family: 'Times New Roman'; font-weight: bold; font-size: 11pt; line-height: 11pt; letter-spacing: normal; color: rgb(0, 95, 158); margin-top: 10pt;">Key fund statistics</div>
<div style="margin-bottom: 14pt; width: auto; padding-left: 0;">
<table style="text-align:start; width: 100%; border-collapse: collapse; break-inside: avoid;">
<tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; border-bottom-color: rgb(153, 153, 153); height: auto; border-top-color: rgb(153, 153, 153); border-top-style: solid; border-top-width: 0.5pt;">
<td style="break-inside: avoid-page; vertical-align: middle; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; width: 70%; font-weight: normal;">Fund net assets (in millions)</td>
<td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0);"><div style="float: none; letter-spacing: 0px; top: 0px;display:inline;">$</div>126,761</td>
</tr>
<tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; border-bottom-color: rgb(153, 153, 153); height: auto;">
<td style="break-inside: avoid-page; vertical-align: middle; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; width: 70%; font-weight: normal;">Total number of portfolio holdings</td>
<td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0);">387</td>
</tr>
<tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; border-bottom-color: rgb(153, 153, 153); height: auto;">
<td style="break-inside: avoid-page; vertical-align: middle; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; width: 70%; font-weight: normal;">Total advisory fees paid (in millions)</td>
<td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0);"><div style="float: none; letter-spacing: 0px; top: 0px;display:inline;">$</div>558</td>
</tr>
<tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; border-bottom-color: rgb(153, 153, 153); height: auto;">
<td style="break-inside: avoid-page; vertical-align: middle; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; width: 70%; font-weight: normal;">Portfolio turnover rate</td>
<td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0);">50<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
</tr>
</table>
</div>
126761000000
387
558000000
0.50
<div style="border-bottom-width: initial; border-bottom-style: none; font-family: 'Arial'; font-weight: normal; font-size: 10pt; line-height: 11pt; letter-spacing: normal; text-transform: none; text-align: left; color: rgb(0, 0, 0); margin-top: 10pt; margin-bottom: 2.0016pt; padding-bottom: 0; border-bottom-color: initial; padding-left: 27pt;"><div style="font-family: 'Times New Roman'; font-size: 11pt; line-height: 11pt; letter-spacing: normal; text-transform: none; text-align: left; color: rgb(0, 95, 158); margin-top: 10pt; margin-bottom: 3pt; padding-bottom: 0; border-bottom-color: initial; border-bottom-style: none; border-bottom-width: initial;font-weight:bolder;display:inline;">Portfolio holdings by sector </div>(percent of net assets)</div>
<div style="padding-right: 0; display: inline-block; padding-left: 25pt;"><img alt="Graphical Representation - Allocation 1 Chart" src="chartimages_1584886.jpg" style="float: right; width: 300pt;"/> </div>
<div style="font-family: 'Times New Roman'; font-weight: bold; font-size: 11pt; line-height: 12pt; letter-spacing: normal; text-transform: none; color: rgb(0, 95, 158); padding-top: 0; margin-top: 0; margin-bottom: 2.0016pt;">Material fund changes</div>
<div style="margin-top: 0; font-family: 'Arial'; font-weight: normal; font-size: 9pt; line-height: 11pt; color: rgb(0, 0, 0); padding-bottom: 9pt; margin-bottom: 0;">This is a summary of certain changes to the fund since April 1, 2025. For more complete information, you may review the fund’s next prospectus, which we expect to be available by June 1, 2026 at <div style="text-decoration-line: underline; font-family: "Times New Roman"; color: rgb(0, 95, 158); font-size: 10pt; line-height: 13pt; letter-spacing: -0.05pt; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">capitalgroup.com/mutual-fund-literature-529C</div></div> or upon request at <div style="display:inline;">(800) 421-4225</div><div style="display:inline;">.</div></div>
<div style="margin-top: 0; font-family: 'Arial'; font-weight: normal; font-size: 9pt; line-height: 11pt; color: rgb(0, 0, 0); padding-bottom: 9pt; margin-bottom: 0;">Effective June 1, 2025, the fund name is EUPAC Fund. </div>
This is a summary of certain changes to the fund since April 1, 2025. For more complete information, you may review the fund’s next prospectus, which we expect to be available by June 1, 2026 at <div style="text-decoration-line: underline; font-family: "Times New Roman"; color: rgb(0, 95, 158); font-size: 10pt; line-height: 13pt; letter-spacing: -0.05pt; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">capitalgroup.com/mutual-fund-literature-529C</div></div> or upon request at <div style="display:inline;">(800) 421-4225</div><div style="display:inline;">.</div>
2025-04-01
capitalgroup.com/mutual-fund-literature-529C
(800) 421-4225
Effective June 1, 2025, the fund name is EUPAC Fund.
EUPAC Fund™
Class 529-E
CEUEX
This annual shareholder report contains important information about EUPAC Fund (the "fund") for the period from April 1, 2025 to March 31, 2026.
annual shareholder report
You can find additional information about the fund at <div style="text-decoration-line: underline; font-family: "Times New Roman"; color: rgb(0, 95, 158); font-size: 10pt; line-height: 13pt; letter-spacing: -0.05pt; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">capitalgroup.com/mutual-fund-literature-529E</div></div>. You can also request this information by contacting us at <div style="display:inline;">(800) 421-4225</div><div style="display:inline;">.</div>
capitalgroup.com/mutual-fund-literature-529E
(800) 421-4225
This report describes changes to the fund that occurred during the reporting period.
<div style="margin-bottom: 6pt;">
<div style="margin-top: 0; letter-spacing: normal; text-transform: none; font-family: 'Arial'; font-weight: normal; font-size: 10pt; line-height: 13pt; color: rgb(0, 0, 0); margin-bottom: 0;"><div style="font-family: 'Times New Roman'; font-size: 11pt; line-height: 13pt; color: rgb(0, 95, 158);font-weight:bolder;display:inline;width:100%;">What were the fund costs for the last year?</div> (based on a hypothetical $10,000 investment)</div>
</div>
<div style="margin-bottom: 4pt;">
<table style="text-align:start; break-inside: avoid; table-layout: auto; width: 100%; border-collapse: collapse; border-bottom-color: rgb(153, 153, 153); border-bottom-style: solid; border-bottom-width: 0.5pt; margin-bottom: 3pt;">
<tr style="break-after: avoid; border-bottom-style: none; border-bottom-width: initial; break-inside: avoid-page; background-color: rgb(0, 95, 158); border-right-color: rgb(255, 255, 255); border-right-style: solid; border-right-width: 0.5pt; height: 19.008pt; border-bottom-color: initial;">
<td style="break-inside: avoid-page; padding: 3pt 6pt; font-size: 10pt; line-height: 10pt; width: 126.9pt; font-family: "Times New Roman"; text-align: center; vertical-align: middle; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255);"><div style="font-weight:bolder;display:inline;">Share class</div></td>
<td style="break-inside: avoid-page; padding: 3pt 6pt; font-size: 10pt; line-height: 10pt; width: 171.072pt; font-family: "Times New Roman"; text-align: center; vertical-align: middle; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255);"><div style="font-weight:bolder;display:inline;">Costs of a $10,000 investment</div></td>
<td style="break-inside: avoid-page; padding: 3pt 0px; font-size: 10pt; line-height: 10pt; width: 267.948pt; font-family: "Times New Roman"; text-align: center; vertical-align: middle; color: rgb(255, 255, 255); border-right: initial initial;"><div style="font-weight:bolder;display:inline;">Costs paid as a percentage of a $10,000 investment</div></td>
</tr>
<tr style="border-bottom-width: initial; border-bottom-style: none; break-inside: avoid-page; height: 20pt; border-bottom-color: initial;">
<td style="break-inside: avoid-page; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; font-size: 10pt; line-height: 10pt; font-family: 'Arial'; text-align: center; width: 126.9pt; color: rgb(0, 0, 0); padding-right: 6pt; padding-left: 6pt; vertical-align: bottom;">Class 529-E</td>
<td style="break-inside: avoid-page; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; font-family: 'Arial'; font-size: 10pt; line-height: 10pt; text-align: center; width: 171.072pt; color: rgb(0, 0, 0); padding-right: 6pt; padding-left: 6pt; vertical-align: bottom;"><div style="float: none; letter-spacing: 0px; top: 0px;display:inline;">$</div>121</td>
<td style="break-inside: avoid-page; white-space: nowrap; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; font-size: 10pt; line-height: 10pt; font-family: 'Arial'; text-align: center; width: 267.948pt; color: rgb(0, 0, 0); padding-right: 0; padding-left: 0; vertical-align: bottom;">1.09<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
</tr>
</table>
</div>
121
0.0109
<div style="font-family: 'Times New Roman'; font-weight: bold; font-size: 11pt; line-height: 12pt; letter-spacing: normal; text-transform: none; color: rgb(0, 95, 158); padding-top: 0; margin-top: 0; margin-bottom: 2.0016pt;">Management's discussion of fund performance</div>
<div style="margin-top: 0; font-weight: normal; font-family: 'Arial'; font-size: 9pt; line-height: 11pt; letter-spacing: -0.04pt; color: rgb(0, 0, 0); margin-bottom: 4.0032pt;">The fund’s Class 529-E shares gained 21.54% for the year ended March 31, 2026. That result compares with a 24.91% gain for the MSCI ACWI (All Country World Index) ex USA. For information on returns for additional periods, including the fund lifetime, please refer to <div style="text-decoration-line: underline; font-family: "Times New Roman"; color: rgb(0, 95, 158); font-size: 9pt; line-height: 11pt; letter-spacing: -0.04pt;display:inline;"><div style="font-weight:bolder;display:inline;">capitalgroup.com/mutual-fund-returns-529E</div></div>.</div>
<div style="margin-bottom: 2.0016pt; font-family: 'Times New Roman'; font-weight: bold; font-size: 10pt; line-height: 10pt; letter-spacing: normal; text-transform: none; color: rgb(0, 0, 0); padding-top: 0; margin-top: 6pt;">What factors influenced results</div>
<div style="margin-top: 0; font-weight: normal; font-family: 'Arial'; font-size: 9pt; line-height: 11pt; letter-spacing: -0.04pt; color: rgb(0, 0, 0); margin-bottom: 4.0032pt;">International equity markets delivered strong gains during the during the one-year period ended March 31, 2026, remaining resilient despite persistent trade tensions. However, momentum slowed late in the period as the Middle East conflict led to an energy crisis. Equities in the U.K. and Japan advanced but pulled back sharply in March. Chinese equities posted modest gains, while Indian stocks declined.</div>
<div style="margin-top: 0; font-weight: normal; font-family: 'Arial'; font-size: 9pt; line-height: 11pt; letter-spacing: -0.04pt; color: rgb(0, 0, 0); margin-bottom: 4.0032pt;">Within the fund, most sectors contributed to the portfolio, with information technology being the most additive. Returns from the financials, industrials and materials sectors were also positive. Conversely, holdings in the health care and consumer discretionary sectors saw negative results during the period. </div>
<div style="margin-top: 0; font-weight: normal; font-family: 'Arial'; font-size: 9pt; line-height: 11pt; letter-spacing: -0.04pt; color: rgb(0, 0, 0); margin-bottom: 4.0032pt;">Geographically, investments in companies based in Taiwan, Canada and South Korea contributed significantly to absolute returns. Shares of companies in Denmark, India and China posted negative overall returns. </div>
<img alt="Fund Performance - Growth of 10K" src="chartimages_1584924.jpg" style="display: block; margin-left: auto; margin-right: auto; width: 550pt;"/>
<div style="border-bottom-width: initial; border-bottom-style: none; font-family: 'Times New Roman'; font-weight: bold; font-size: 10pt; line-height: 10pt; text-align: left; letter-spacing: normal; text-transform: none; color: rgb(0, 0, 0); border-bottom-color: initial; padding-bottom: 0; margin-bottom: 4pt; margin-top: 0;">Average annual total returns</div>
<table style="text-align:start; break-inside: avoid; table-layout: auto; width: 100%; border-collapse: collapse;">
<tr style="break-after: avoid; border-bottom-style: solid; border-bottom-width: 0.5pt; break-inside: avoid-page; background-color: rgb(0, 95, 158); border-right-color: rgb(255, 255, 255); border-right-style: solid; border-right-width: 0.5pt; height: 16.9992pt; border-bottom-color: rgb(153, 153, 153);">
<td style="break-inside: avoid-page; padding: 0px 2pt; white-space: nowrap; font-family: "Times New Roman"; font-size: 10pt; line-height: 10pt; text-align: center; vertical-align: middle; color: rgb(0, 0, 0); border-right: initial initial; background-color: rgb(223, 229, 240);"><div style="display:inline;"></div></td>
<td style="break-inside: avoid-page; padding: 0px 5pt; width: 64pt; font-family: "Times New Roman"; font-size: 10pt; line-height: 10pt; text-align: center; vertical-align: middle; white-space: nowrap; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255); background-color: rgb(0, 95, 158);"><div style="font-weight:bolder;display:inline;">1 year</div></td>
<td style="break-inside: avoid-page; padding: 0px 5pt; width: 64pt; font-family: "Times New Roman"; font-size: 10pt; line-height: 10pt; text-align: center; vertical-align: middle; white-space: nowrap; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255); background-color: rgb(0, 95, 158);"><div style="font-weight:bolder;display:inline;">5 years</div></td>
<td style="break-inside: avoid-page; padding: 0px 5pt; width: 64pt; font-family: "Times New Roman"; font-size: 10pt; line-height: 10pt; text-align: center; vertical-align: middle; white-space: nowrap; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255); background-color: rgb(0, 95, 158);"><div style="font-weight:bolder;display:inline;">10 years</div></td>
</tr>
<tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: auto; border-bottom-color: rgb(153, 153, 153); background-color: rgb(255, 255, 255);">
<td style="break-inside: avoid-page; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; vertical-align: middle; padding-top: 3pt; padding-right: 0; padding-bottom: 3pt; padding-left: 2pt;">EUPAC Fund — Class <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">529-E</div><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"><div style=";display:inline;vertical-align: super;font-size:8.3px">*</div></div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">21.54<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">3.44<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">7.73<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
</tr>
<tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: auto; border-bottom-color: rgb(153, 153, 153); background-color: rgb(255, 255, 255);">
<td style="break-inside: avoid-page; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; vertical-align: middle; padding-top: 3pt; padding-right: 0; padding-bottom: 3pt; padding-left: 2pt;">MSCI ACWI (All Country World Index) ex <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">USA</div><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"><div style=";display:inline;vertical-align: super;font-size:8.3px">†</div></div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">24.91<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">7.02<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">8.38<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
</tr>
</table>
<div style="margin-top: 0; font-family: 'Arial'; font-weight: normal; font-size: 8pt; line-height: 10pt; color: rgb(0, 0, 0); margin-bottom: 0; margin-left: 5pt; text-indent: -5pt;"><div style=";display:inline;vertical-align: super;font-size:7.4px">*</div> Investment results assume all distributions are reinvested and reflect applicable fees and expenses. When applicable, results reflect fee waivers and/or expense reimbursements, without which they would have been lower.</div>
<div style="margin-top: 0; font-family: 'Arial'; font-weight: normal; font-size: 8pt; line-height: 10pt; color: rgb(0, 0, 0); margin-bottom: 0; margin-left: 5pt; text-indent: -5pt;"><div style=";display:inline;vertical-align: super;font-size:7.4px">†</div> Results assume all distributions are reinvested. Any market index shown is unmanaged, and therefore, has no expenses. Investors cannot invest directly in an index. Source(s): MSCI.</div>
EUPAC Fund — Class 529-E
0.2154
0.0344
0.0773
MSCI ACWI (All Country World Index) ex USA
0.2491
0.0702
0.0838
The fund’s past performance is not a predictor of its future performance.
The line chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares.
<div style="text-transform: none; margin-bottom: 2.0016pt; font-family: 'Times New Roman'; font-weight: bold; font-size: 11pt; line-height: 11pt; letter-spacing: normal; color: rgb(0, 95, 158); margin-top: 10pt;">Key fund statistics</div>
<div style="margin-bottom: 14pt; width: auto; padding-left: 0;">
<table style="text-align:start; width: 100%; border-collapse: collapse; break-inside: avoid;">
<tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; border-bottom-color: rgb(153, 153, 153); height: auto; border-top-color: rgb(153, 153, 153); border-top-style: solid; border-top-width: 0.5pt;">
<td style="break-inside: avoid-page; vertical-align: middle; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; width: 70%; font-weight: normal;">Fund net assets (in millions)</td>
<td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0);"><div style="float: none; letter-spacing: 0px; top: 0px;display:inline;">$</div>126,761</td>
</tr>
<tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; border-bottom-color: rgb(153, 153, 153); height: auto;">
<td style="break-inside: avoid-page; vertical-align: middle; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; width: 70%; font-weight: normal;">Total number of portfolio holdings</td>
<td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0);">387</td>
</tr>
<tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; border-bottom-color: rgb(153, 153, 153); height: auto;">
<td style="break-inside: avoid-page; vertical-align: middle; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; width: 70%; font-weight: normal;">Total advisory fees paid (in millions)</td>
<td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0);"><div style="float: none; letter-spacing: 0px; top: 0px;display:inline;">$</div>558</td>
</tr>
<tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; border-bottom-color: rgb(153, 153, 153); height: auto;">
<td style="break-inside: avoid-page; vertical-align: middle; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; width: 70%; font-weight: normal;">Portfolio turnover rate</td>
<td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0);">50<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
</tr>
</table>
</div>
126761000000
387
558000000
0.50
<div style="border-bottom-width: initial; border-bottom-style: none; font-family: 'Arial'; font-weight: normal; font-size: 10pt; line-height: 11pt; letter-spacing: normal; text-transform: none; text-align: left; color: rgb(0, 0, 0); margin-top: 10pt; margin-bottom: 2.0016pt; padding-bottom: 0; border-bottom-color: initial; padding-left: 27pt;"><div style="font-family: 'Times New Roman'; font-size: 11pt; line-height: 11pt; letter-spacing: normal; text-transform: none; text-align: left; color: rgb(0, 95, 158); margin-top: 10pt; margin-bottom: 3pt; padding-bottom: 0; border-bottom-color: initial; border-bottom-style: none; border-bottom-width: initial;font-weight:bolder;display:inline;">Portfolio holdings by sector </div>(percent of net assets)</div>
<div style="padding-right: 0; display: inline-block; padding-left: 25pt;"><img alt="Graphical Representation - Allocation 1 Chart" src="chartimages_1584930.jpg" style="float: right; width: 300pt;"/> </div>
<div style="font-family: 'Times New Roman'; font-weight: bold; font-size: 11pt; line-height: 12pt; letter-spacing: normal; text-transform: none; color: rgb(0, 95, 158); padding-top: 0; margin-top: 0; margin-bottom: 2.0016pt;">Material fund <div style="display:inline;">changes</div></div>
<div style="margin-top: 0; font-family: 'Arial'; font-weight: normal; font-size: 9pt; line-height: 11pt; color: rgb(0, 0, 0); padding-bottom: 9pt; margin-bottom: 0;">This is a summary of certain changes to the fund since April 1, 2025. For more complete information, you may review the fund’s next prospectus, which we expect to be available by June 1, 2026 at <div style="text-decoration-line: underline; font-family: "Times New Roman"; color: rgb(0, 95, 158); font-size: 10pt; line-height: 13pt; letter-spacing: -0.05pt; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">capitalgroup.com/mutual-fund-literature-529E</div></div> or upon request at <div style="display:inline;">(800) 421-4225</div><div style="display:inline;">.</div></div>
<div style="margin-top: 0; font-family: 'Arial'; font-weight: normal; font-size: 9pt; line-height: 11pt; color: rgb(0, 0, 0); padding-bottom: 9pt; margin-bottom: 0;">Effective June 1, 2025, the fund name is <div style="letter-spacing: 0px; top: 0px;display:inline;">EUPAC </div>Fund. </div>
This is a summary of certain changes to the fund since April 1, 2025. For more complete information, you may review the fund’s next prospectus, which we expect to be available by June 1, 2026 at <div style="text-decoration-line: underline; font-family: "Times New Roman"; color: rgb(0, 95, 158); font-size: 10pt; line-height: 13pt; letter-spacing: -0.05pt; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">capitalgroup.com/mutual-fund-literature-529E</div></div> or upon request at <div style="display:inline;">(800) 421-4225</div><div style="display:inline;">.</div>
2025-04-01
capitalgroup.com/mutual-fund-literature-529E
(800) 421-4225
Effective June 1, 2025, the fund name is <div style="letter-spacing: 0px; top: 0px;display:inline;">EUPAC </div>Fund.
EUPAC Fund™
Class 529-T
TEUGX
This annual shareholder report contains important information about EUPAC Fund (the "fund") for the period from April 1, 2025 to March 31, 2026.
annual shareholder report
You can find additional information about the fund at <div style="text-decoration-line: underline; font-family: "Times New Roman"; color: rgb(0, 95, 158); font-size: 10pt; line-height: 13pt; letter-spacing: -0.05pt; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">capitalgroup.com/mutual-fund-literature</div></div>. You can also request this information by contacting us at <div style="display:inline;">(800) 421-4225</div><div style="display:inline;">.</div>
capitalgroup.com/mutual-fund-literature
(800) 421-4225
This report describes changes to the fund that occurred during the reporting period.
<div style="margin-bottom: 6pt;"><div style="margin-top: 0; letter-spacing: normal; text-transform: none; font-family: 'Arial'; font-weight: normal; font-size: 10pt; line-height: 13pt; color: rgb(0, 0, 0); margin-bottom: 0;"><div style="font-family: 'Times New Roman'; font-size: 11pt; line-height: 13pt; color: rgb(0, 95, 158);font-weight:bolder;display:inline;width:100%;">What were the fund costs for the last year?</div> (based on a hypothetical $10,000 investment)</div></div> <div style="margin-bottom: 4pt;"><table style="text-align:start; break-inside: avoid; table-layout: auto; width: 100%; border-collapse: collapse; border-bottom-color: rgb(153, 153, 153); border-bottom-style: solid; border-bottom-width: 0.5pt; margin-bottom: 3pt;"><tr style="break-after: avoid; border-bottom-style: none; border-bottom-width: initial; break-inside: avoid-page; background-color: rgb(0, 95, 158); border-right-color: rgb(255, 255, 255); border-right-style: solid; border-right-width: 0.5pt; height: 19.008pt; border-bottom-color: initial;"><td style="break-inside: avoid-page; padding: 3pt 6pt; font-size: 10pt; line-height: 10pt; width: 126.9pt; font-family: "Times New Roman"; text-align: center; vertical-align: middle; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255);"><div style="font-weight:bolder;display:inline;">Share class</div></td><td style="break-inside: avoid-page; padding: 3pt 6pt; font-size: 10pt; line-height: 10pt; width: 171.072pt; font-family: "Times New Roman"; text-align: center; vertical-align: middle; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255);"><div style="font-weight:bolder;display:inline;">Costs of a $10,000 investment</div></td><td style="break-inside: avoid-page; padding: 3pt 0px; font-size: 10pt; line-height: 10pt; width: 267.948pt; font-family: "Times New Roman"; text-align: center; vertical-align: middle; color: rgb(255, 255, 255); border-right: initial initial;"><div style="font-weight:bolder;display:inline;">Costs paid as a percentage of a $10,000 investment</div></td></tr><tr style="border-bottom-width: initial; border-bottom-style: none; break-inside: avoid-page; height: 20pt; border-bottom-color: initial;"><td style="break-inside: avoid-page; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; font-size: 10pt; line-height: 10pt; font-family: 'Arial'; text-align: center; width: 126.9pt; color: rgb(0, 0, 0); padding-right: 6pt; padding-left: 6pt; vertical-align: bottom;">Class 529-T</td><td style="break-inside: avoid-page; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; font-family: 'Arial'; font-size: 10pt; line-height: 10pt; text-align: center; width: 171.072pt; color: rgb(0, 0, 0); padding-right: 6pt; padding-left: 6pt; vertical-align: bottom;"><div style="float: none; letter-spacing: 0px; top: 0px;display:inline;">$</div>70</td><td style="break-inside: avoid-page; white-space: nowrap; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; font-size: 10pt; line-height: 10pt; font-family: 'Arial'; text-align: center; width: 267.948pt; color: rgb(0, 0, 0); padding-right: 0; padding-left: 0; vertical-align: bottom;">0.63<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td></tr></table></div>
70
0.0063
<div style="font-family: 'Times New Roman'; font-weight: bold; font-size: 11pt; line-height: 12pt; letter-spacing: normal; text-transform: none; color: rgb(0, 95, 158); padding-top: 0; margin-top: 0; margin-bottom: 2.0016pt;">Management's discussion of fund performance</div> <div style="margin-top: 0; font-weight: normal; font-family: 'Arial'; font-size: 9pt; line-height: 11pt; letter-spacing: -0.04pt; color: rgb(0, 0, 0); margin-bottom: 4.0032pt;">The fund’s Class 529-T shares gained 22.12% for the year ended March 31, 2026. That result compares with a 24.91% gain for the MSCI ACWI (All Country World Index) ex USA.</div> <div style="margin-bottom: 2.0016pt; font-family: 'Times New Roman'; font-weight: bold; font-size: 10pt; line-height: 10pt; letter-spacing: normal; text-transform: none; color: rgb(0, 0, 0); padding-top: 0; margin-top: 6pt;">What factors influenced results</div> <div style="margin-top: 0; font-weight: normal; font-family: 'Arial'; font-size: 9pt; line-height: 11pt; letter-spacing: -0.04pt; color: rgb(0, 0, 0); margin-bottom: 4.0032pt;">International equity markets delivered strong gains during the during the one-year period ended March 31, 2026, remaining resilient despite persistent trade tensions. However, momentum slowed late in the period as the Middle East conflict led to an energy crisis. Equities in the U.K. and Japan advanced but pulled back sharply in March. Chinese equities posted modest gains, while Indian stocks declined.</div> <div style="margin-top: 0; font-weight: normal; font-family: 'Arial'; font-size: 9pt; line-height: 11pt; letter-spacing: -0.04pt; color: rgb(0, 0, 0); margin-bottom: 4.0032pt;">Within the fund, most sectors <div style="display:inline;">contributed </div>to the portfolio, with information technology being the most additive. Returns from the financials, industrials and materials sectors were also positive. Conversely, holdings in the health care and consumer discretionary sectors saw negative results during the period. </div> <div style="margin-top: 0; font-weight: normal; font-family: 'Arial'; font-size: 9pt; line-height: 11pt; letter-spacing: -0.04pt; color: rgb(0, 0, 0); margin-bottom: 4.0032pt;">Geographically, investments in companies <div style="display:inline;">based </div>in Taiwan, Canada and South Korea contributed significantly to absolute returns. Shares of companies in Denmark, India and China posted negative overall returns. </div>
<img alt="Fund Performance - Growth of 10K" src="chartimages_1584528.jpg" style="display: block; margin-left: auto; margin-right: auto; width: 550pt;"/>
<div style="border-bottom-width: initial; border-bottom-style: none; font-family: 'Times New Roman'; font-weight: bold; font-size: 10pt; line-height: 10pt; text-align: left; letter-spacing: normal; text-transform: none; color: rgb(0, 0, 0); border-bottom-color: initial; padding-bottom: 0; margin-bottom: 4pt; margin-top: 0;">Average annual <div style="display:inline;">total </div>returns</div> <div style="margin-bottom: 3pt;"><table style="text-align:start; break-inside: avoid; table-layout: auto; width: 100%; border-collapse: collapse;"><tr style="break-after: avoid; border-bottom-style: solid; border-bottom-width: 0.5pt; break-inside: avoid-page; background-color: rgb(0, 95, 158); border-right-color: rgb(255, 255, 255); border-right-style: solid; border-right-width: 0.5pt; height: 16.9992pt; border-bottom-color: rgb(153, 153, 153);"><td style="break-inside: avoid-page; padding: 0px 2pt; white-space: nowrap; font-family: "Times New Roman"; font-size: 10pt; line-height: 10pt; text-align: center; vertical-align: middle; color: rgb(0, 0, 0); border-right: initial initial; background-color: rgb(223, 229, 240);"><div style="display:inline;"></div></td><td style="break-inside: avoid-page; padding: 0px 5pt; width: 64pt; font-family: "Times New Roman"; font-size: 10pt; line-height: 10pt; text-align: center; vertical-align: middle; white-space: nowrap; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255); background-color: rgb(0, 95, 158);"><div style="font-weight:bolder;display:inline;">1 year</div></td><td style="break-inside: avoid-page; padding: 0px 5pt; width: 64pt; font-family: "Times New Roman"; font-size: 10pt; line-height: 10pt; text-align: center; vertical-align: middle; white-space: nowrap; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255); background-color: rgb(0, 95, 158);"><div style="font-weight:bolder;display:inline;">5 years</div></td><td style="break-inside: avoid-page; padding: 0px 5pt; width: 64pt; font-family: "Times New Roman"; font-size: 10pt; line-height: 10pt; text-align: center; vertical-align: middle; white-space: nowrap; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255); background-color: rgb(0, 95, 158);"><div style="font-weight:bolder;display:inline;">Since inception<div style=";display:inline;vertical-align: super;font-size:9.2px">1</div></div></td></tr><tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: auto; border-bottom-color: rgb(153, 153, 153); background-color: rgb(255, 255, 255);"><td style="break-inside: avoid-page; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; vertical-align: middle; padding-top: 3pt; padding-right: 0; padding-bottom: 3pt; padding-left: 2pt;">EUPAC Fund — Class 529-T (with sales <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">charge)</div><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"><div style=";display:inline;vertical-align: super;font-size:8.3px">2</div></div></td><td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">19.08<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td><td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">3.39<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td><td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">7.45<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td></tr><tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: auto; border-bottom-color: rgb(153, 153, 153); background-color: rgb(255, 255, 255);"><td style="break-inside: avoid-page; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; vertical-align: middle; padding-top: 3pt; padding-right: 0; padding-bottom: 3pt; padding-left: 2pt;">EUPAC Fund — Class 529-T (without sales <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">charge)</div><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"><div style=";display:inline;vertical-align: super;font-size:8.3px">2</div></div></td><td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">22.12<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td><td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">3.91<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td><td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">7.75<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td></tr><tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: auto; border-bottom-color: rgb(153, 153, 153); background-color: rgb(255, 255, 255);"><td style="break-inside: avoid-page; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; vertical-align: middle; padding-top: 3pt; padding-right: 0; padding-bottom: 3pt; padding-left: 2pt;">MSCI ACWI (All Country World Index) ex <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">USA</div><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"><div style=";display:inline;vertical-align: super;font-size:8.3px">3</div></div></td><td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">24.91<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td><td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">7.02<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td><td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">7.92<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td></tr></table></div><div style="margin-top: 0; font-family: 'Arial'; font-weight: normal; font-size: 8pt; line-height: 10pt; color: rgb(0, 0, 0); margin-bottom: 0; margin-left: 5pt; text-indent: -5pt;"><div style=";display:inline;vertical-align: super;font-size:7.4px">1</div> Class 529-T shares were first offered on April 7, 2017.</div><div style="margin-top: 0; font-family: 'Arial'; font-weight: normal; font-size: 8pt; line-height: 10pt; color: rgb(0, 0, 0); margin-bottom: 0; margin-left: 5pt; text-indent: -5pt;"><div style=";display:inline;vertical-align: super;font-size:7.4px">2</div> Investment results assume all distributions are reinvested and reflect applicable fees and expenses. When applicable, results reflect fee waivers and/or expense reimbursements, without which they would have been lower.</div><div style="margin-top: 0; font-family: 'Arial'; font-weight: normal; font-size: 8pt; line-height: 10pt; color: rgb(0, 0, 0); margin-bottom: 0; margin-left: 5pt; text-indent: -5pt;"><div style=";display:inline;vertical-align: super;font-size:7.4px">3</div> Results assume all distributions are reinvested. Any market index shown is unmanaged, and therefore, has no expenses. Investors cannot invest directly in an index. Source(s): MSCI.</div>
EUPAC Fund — Class 529-T (with sales charge)
0.1908
0.0339
0.0745
EUPAC Fund — Class 529-T (without sales charge)
0.2212
0.0391
0.0775
MSCI ACWI (All Country World Index) ex USA
0.2491
0.0702
0.0792
2017-04-07
The fund’s past performance is not a predictor of its future performance.
The line chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares.
<div style="text-transform: none; margin-bottom: 2.0016pt; font-family: 'Times New Roman'; font-weight: bold; font-size: 11pt; line-height: 11pt; letter-spacing: normal; color: rgb(0, 95, 158); margin-top: 10pt;">Key <div style="display:inline;">fund </div>statistics</div> <table style="text-align:start; width: 100%; border-collapse: collapse; break-inside: avoid;"><tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; border-bottom-color: rgb(153, 153, 153); height: auto; border-top-color: rgb(153, 153, 153); border-top-style: solid; border-top-width: 0.5pt;"><td style="break-inside: avoid-page; vertical-align: middle; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; width: 70%; font-weight: normal;">Fund net assets (in millions)</td><td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0);"><div style="float: none; letter-spacing: 0px; top: 0px;display:inline;">$</div>126,761</td></tr><tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; border-bottom-color: rgb(153, 153, 153); height: auto;"><td style="break-inside: avoid-page; vertical-align: middle; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; width: 70%; font-weight: normal;">Total number of portfolio holdings</td><td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0);">387</td></tr><tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; border-bottom-color: rgb(153, 153, 153); height: auto;"><td style="break-inside: avoid-page; vertical-align: middle; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; width: 70%; font-weight: normal;">Total advisory fees paid (in millions)</td><td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0);"><div style="float: none; letter-spacing: 0px; top: 0px;display:inline;">$</div>558</td></tr><tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; border-bottom-color: rgb(153, 153, 153); height: auto;"><td style="break-inside: avoid-page; vertical-align: middle; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; width: 70%; font-weight: normal;">Portfolio turnover rate</td><td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0);">50<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td></tr></table>
126761000000
387
558000000
0.50
<div style="border-bottom-width: initial; border-bottom-style: none; font-family: 'Arial'; font-weight: normal; font-size: 10pt; line-height: 11pt; letter-spacing: normal; text-transform: none; text-align: left; color: rgb(0, 0, 0); margin-top: 10pt; margin-bottom: 2.0016pt; padding-bottom: 0; border-bottom-color: initial; padding-left: 27pt;"><div style="font-family: 'Times New Roman'; font-size: 11pt; line-height: 11pt; letter-spacing: normal; text-transform: none; text-align: left; color: rgb(0, 95, 158); margin-top: 10pt; margin-bottom: 3pt; padding-bottom: 0; border-bottom-color: initial; border-bottom-style: none; border-bottom-width: initial;font-weight:bolder;display:inline;">Portfolio <div style="display:inline;">holdings</div> by sector </div>(percent of net assets)</div> <div style="padding-right: 0; display: inline-block; padding-left: 25pt;"><img alt="Graphical Representation - Allocation 1 Chart" src="chartimages_1584534.jpg" style="float: right; width: 300pt;"/> </div>
<div style="font-family: 'Times New Roman'; font-weight: bold; font-size: 11pt; line-height: 12pt; letter-spacing: normal; text-transform: none; color: rgb(0, 95, 158); padding-top: 0; margin-top: 0; margin-bottom: 2.0016pt;">Material fund changes</div> <div style="margin-top: 0; font-family: 'Arial'; font-weight: normal; font-size: 9pt; line-height: 11pt; color: rgb(0, 0, 0); padding-bottom: 9pt; margin-bottom: 0;">This is a summary of certain changes to the fund since April 1, 2025. For more complete information, you may review the fund’s next prospectus, which we expect to be available by June 1, 2026 at <div style="text-decoration-line: underline; font-family: "Times New Roman"; color: rgb(0, 95, 158); font-size: 10pt; line-height: 13pt; letter-spacing: -0.05pt; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">capitalgroup.com/mutual-fund-literature</div></div> or upon request at <div style="display:inline;">(800) 421-4225</div><div style="display:inline;">.</div></div> <div style="margin-top: 0; font-family: 'Arial'; font-weight: normal; font-size: 9pt; line-height: 11pt; color: rgb(0, 0, 0); padding-bottom: 9pt; margin-bottom: 0;">Effective June 1, 2025, the fund name is EUPAC Fund. </div>
This is a summary of certain changes to the fund since April 1, 2025. For more complete information, you may review the fund’s next prospectus, which we expect to be available by June 1, 2026 at <div style="text-decoration-line: underline; font-family: "Times New Roman"; color: rgb(0, 95, 158); font-size: 10pt; line-height: 13pt; letter-spacing: -0.05pt; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">capitalgroup.com/mutual-fund-literature</div></div> or upon request at <div style="display:inline;">(800) 421-4225</div><div style="display:inline;">.</div>
2025-04-01
capitalgroup.com/mutual-fund-literature
(800) 421-4225
Effective June 1, 2025, the fund name is EUPAC Fund.
EUPAC Fund™
Class 529-F-1
CEUFX
This annual shareholder report contains important information about EUPAC Fund (the "fund") for the period from April 1, 2025 to March 31, 2026.
annual shareholder report
You can find additional information about the fund at <div style="text-decoration-line: underline; font-family: "Times New Roman"; color: rgb(0, 95, 158); font-size: 10pt; line-height: 13pt; letter-spacing: -0.05pt; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">capitalgroup.com/mutual-fund-literature-529F1</div></div>. You can also request this information by contacting us at<div style="display:inline;"> </div><div style="display:inline;">(800) 421-4225</div><div style="display:inline;">.</div>
capitalgroup.com/mutual-fund-literature-529F1
(800) 421-4225
This report describes changes to the fund that occurred during the reporting period.
<div style="margin-bottom: 6pt;"><div style="margin-top: 0; letter-spacing: normal; text-transform: none; font-family: 'Arial'; font-weight: normal; font-size: 10pt; line-height: 13pt; color: rgb(0, 0, 0); margin-bottom: 0;"><div style="font-family: 'Times New Roman'; font-size: 11pt; line-height: 13pt; color: rgb(0, 95, 158);font-weight:bolder;display:inline;width:100%;">What were the fund costs for the last year?</div> (based on a hypothetical $10,000 investment)</div></div> <div style="margin-bottom: 4pt;"><table style="text-align:start; break-inside: avoid; table-layout: auto; width: 100%; border-collapse: collapse; border-bottom-color: rgb(153, 153, 153); border-bottom-style: solid; border-bottom-width: 0.5pt; margin-bottom: 3pt;"><tr style="break-after: avoid; border-bottom-style: none; border-bottom-width: initial; break-inside: avoid-page; background-color: rgb(0, 95, 158); border-right-color: rgb(255, 255, 255); border-right-style: solid; border-right-width: 0.5pt; height: 19.008pt; border-bottom-color: initial;"><td style="break-inside: avoid-page; padding: 3pt 6pt; font-size: 10pt; line-height: 10pt; width: 126.9pt; font-family: "Times New Roman"; text-align: center; vertical-align: middle; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255);"><div style="font-weight:bolder;display:inline;">Share class</div></td><td style="break-inside: avoid-page; padding: 3pt 6pt; font-size: 10pt; line-height: 10pt; width: 171.072pt; font-family: "Times New Roman"; text-align: center; vertical-align: middle; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255);"><div style="font-weight:bolder;display:inline;">Costs of a $10,000 investment</div></td><td style="break-inside: avoid-page; padding: 3pt 0px; font-size: 10pt; line-height: 10pt; width: 267.948pt; font-family: "Times New Roman"; text-align: center; vertical-align: middle; color: rgb(255, 255, 255); border-right: initial initial;"><div style="font-weight:bolder;display:inline;">Costs paid as a percentage of a $10,000 investment</div></td></tr><tr style="border-bottom-width: initial; border-bottom-style: none; break-inside: avoid-page; height: 20pt; border-bottom-color: initial;"><td style="break-inside: avoid-page; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; font-size: 10pt; line-height: 10pt; font-family: 'Arial'; text-align: center; width: 126.9pt; color: rgb(0, 0, 0); padding-right: 6pt; padding-left: 6pt; vertical-align: bottom;">Class 529-F-1</td><td style="break-inside: avoid-page; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; font-family: 'Arial'; font-size: 10pt; line-height: 10pt; text-align: center; width: 171.072pt; color: rgb(0, 0, 0); padding-right: 6pt; padding-left: 6pt; vertical-align: bottom;"><div style="float: none; letter-spacing: 0px; top: 0px;display:inline;">$</div>73</td><td style="break-inside: avoid-page; white-space: nowrap; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; font-size: 10pt; line-height: 10pt; font-family: 'Arial'; text-align: center; width: 267.948pt; color: rgb(0, 0, 0); padding-right: 0; padding-left: 0; vertical-align: bottom;">0.66<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td></tr></table></div>
73
0.0066
<div style="font-family: 'Times New Roman'; font-weight: bold; font-size: 11pt; line-height: 12pt; letter-spacing: normal; text-transform: none; color: rgb(0, 95, 158); padding-top: 0; margin-top: 0; margin-bottom: 2.0016pt;">Management's discussion of fund performance</div> <div style="margin-top: 0; font-weight: normal; font-family: 'Arial'; font-size: 9pt; line-height: 11pt; letter-spacing: -0.04pt; color: rgb(0, 0, 0); margin-bottom: 4.0032pt;">The fund’s Class 529-F-1 shares gained 22.08% for the year ended March 31, 2026. That result compares with a 24.91% gain for the MSCI ACWI (All Country World Index) ex USA. For information on returns for additional periods, including the fund lifetime, please refer to <div style="text-decoration-line: underline; font-family: "Times New Roman"; color: rgb(0, 95, 158); font-size: 9pt; line-height: 11pt; letter-spacing: -0.04pt;display:inline;"><div style="font-weight:bolder;display:inline;">capitalgroup.com/mutual-fund-returns-529F1</div></div>.</div> <div style="margin-bottom: 2.0016pt; font-family: 'Times New Roman'; font-weight: bold; font-size: 10pt; line-height: 10pt; letter-spacing: normal; text-transform: none; color: rgb(0, 0, 0); padding-top: 0; margin-top: 6pt;">What factors influenced results</div> <div style="margin-top: 0; font-weight: normal; font-family: 'Arial'; font-size: 9pt; line-height: 11pt; letter-spacing: -0.04pt; color: rgb(0, 0, 0); margin-bottom: 4.0032pt;">International equity markets delivered strong gains during the during the one-year period ended March 31, 2026, remaining resilient despite persistent trade tensions. However, momentum slowed late in the period as the Middle East conflict led to an energy crisis. Equities in the U.K. and Japan advanced but pulled back sharply in March. Chinese equities posted modest gains, while Indian stocks declined.</div> <div style="margin-top: 0; font-weight: normal; font-family: 'Arial'; font-size: 9pt; line-height: 11pt; letter-spacing: -0.04pt; color: rgb(0, 0, 0); margin-bottom: 4.0032pt;">Within the fund, most <div style="display:inline;">sectors </div>contributed to the portfolio, with information technology being the most additive. Returns from the financials, industrials and materials sectors were also positive. Conversely, holdings in the health care and consumer discretionary sectors saw negative results during the period. </div> <div style="margin-top: 0; font-weight: normal; font-family: 'Arial'; font-size: 9pt; line-height: 11pt; letter-spacing: -0.04pt; color: rgb(0, 0, 0); margin-bottom: 4.0032pt;">Geographically, investments <div style="display:inline;">in </div>companies based in Taiwan, Canada and South Korea contributed significantly to absolute returns. Shares of companies in Denmark, India and China posted negative overall returns. </div>
<img alt="Fund Performance - Growth of 10K" src="chartimages_1584968.jpg" style="display: block; margin-left: auto; margin-right: auto; width: 550pt;"/>
<div style="border-bottom-width: initial; border-bottom-style: none; font-family: 'Times New Roman'; font-weight: bold; font-size: 10pt; line-height: 10pt; text-align: left; letter-spacing: normal; text-transform: none; color: rgb(0, 0, 0); border-bottom-color: initial; padding-bottom: 0; margin-bottom: 4pt; margin-top: 0;">Average <div style="display:inline;">annual </div>total returns</div> <table style="text-align:start; break-inside: avoid; table-layout: auto; width: 100%; border-collapse: collapse;"><tr style="break-after: avoid; border-bottom-style: solid; border-bottom-width: 0.5pt; break-inside: avoid-page; background-color: rgb(0, 95, 158); border-right-color: rgb(255, 255, 255); border-right-style: solid; border-right-width: 0.5pt; height: 16.9992pt; border-bottom-color: rgb(153, 153, 153);"><td style="break-inside: avoid-page; padding: 0px 2pt; white-space: nowrap; font-family: "Times New Roman"; font-size: 10pt; line-height: 10pt; text-align: center; vertical-align: middle; color: rgb(0, 0, 0); border-right: initial initial; background-color: rgb(223, 229, 240);"><div style="display:inline;"></div></td><td style="break-inside: avoid-page; padding: 0px 5pt; width: 64pt; font-family: "Times New Roman"; font-size: 10pt; line-height: 10pt; text-align: center; vertical-align: middle; white-space: nowrap; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255); background-color: rgb(0, 95, 158);"><div style="font-weight:bolder;display:inline;">1 year</div></td><td style="break-inside: avoid-page; padding: 0px 5pt; width: 64pt; font-family: "Times New Roman"; font-size: 10pt; line-height: 10pt; text-align: center; vertical-align: middle; white-space: nowrap; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255); background-color: rgb(0, 95, 158);"><div style="font-weight:bolder;display:inline;">5 years</div></td><td style="break-inside: avoid-page; padding: 0px 5pt; width: 64pt; font-family: "Times New Roman"; font-size: 10pt; line-height: 10pt; text-align: center; vertical-align: middle; white-space: nowrap; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255); background-color: rgb(0, 95, 158);"><div style="font-weight:bolder;display:inline;">10 years</div></td></tr><tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: auto; border-bottom-color: rgb(153, 153, 153); background-color: rgb(255, 255, 255);"><td style="break-inside: avoid-page; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; vertical-align: middle; padding-top: 3pt; padding-right: 0; padding-bottom: 3pt; padding-left: 2pt;">EUPAC Fund — Class <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">529-F-1</div><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"><div style=";display:inline;vertical-align: super;font-size:8.3px">*</div></div></td><td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">22.08<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td><td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">3.86<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td><td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">8.19<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td></tr><tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: auto; border-bottom-color: rgb(153, 153, 153); background-color: rgb(255, 255, 255);"><td style="break-inside: avoid-page; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; vertical-align: middle; padding-top: 3pt; padding-right: 0; padding-bottom: 3pt; padding-left: 2pt;">MSCI ACWI (All Country World Index) ex <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">USA</div><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"><div style=";display:inline;vertical-align: super;font-size:8.3px">†</div></div></td><td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">24.91<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td><td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">7.02<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td><td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">8.38<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td></tr></table> <div style="margin-top: 0; font-family: 'Arial'; font-weight: normal; font-size: 8pt; line-height: 10pt; color: rgb(0, 0, 0); margin-bottom: 0; margin-left: 5pt; text-indent: -5pt;"><div style=";display:inline;vertical-align: super;font-size:7.4px">*</div> Investment results assume all distributions are reinvested and reflect applicable fees and expenses. When applicable, results reflect fee waivers and/or expense reimbursements, without which they would have been lower.</div><div style="margin-top: 0; font-family: 'Arial'; font-weight: normal; font-size: 8pt; line-height: 10pt; color: rgb(0, 0, 0); margin-bottom: 0; margin-left: 5pt; text-indent: -5pt;"><div style=";display:inline;vertical-align: super;font-size:7.4px">†</div> Results assume all distributions are reinvested. Any market index shown is unmanaged, and therefore, has no expenses. Investors cannot invest directly in an index. Source(s): MSCI.</div>
EUPAC Fund — Class 529-F-1
0.2208
0.0386
0.0819
MSCI ACWI (All Country World Index) ex USA
0.2491
0.0702
0.0838
The fund’s past performance is not a predictor of its future performance.
The line chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares.
<div style="text-transform: none; margin-bottom: 2.0016pt; font-family: 'Times New Roman'; font-weight: bold; font-size: 11pt; line-height: 11pt; letter-spacing: normal; color: rgb(0, 95, 158); margin-top: 10pt;">Key <div style="display:inline;">fund </div>statistics</div> <table style="text-align:start; width: 100%; border-collapse: collapse; break-inside: avoid;"><tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; border-bottom-color: rgb(153, 153, 153); height: auto; border-top-color: rgb(153, 153, 153); border-top-style: solid; border-top-width: 0.5pt;"><td style="break-inside: avoid-page; vertical-align: middle; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; width: 70%; font-weight: normal;">Fund net assets (in millions)</td><td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0);"><div style="float: none; letter-spacing: 0px; top: 0px;display:inline;">$</div>126,761</td></tr><tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; border-bottom-color: rgb(153, 153, 153); height: auto;"><td style="break-inside: avoid-page; vertical-align: middle; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; width: 70%; font-weight: normal;">Total number of portfolio holdings</td><td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0);">387</td></tr><tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; border-bottom-color: rgb(153, 153, 153); height: auto;"><td style="break-inside: avoid-page; vertical-align: middle; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; width: 70%; font-weight: normal;">Total advisory fees paid (in millions)</td><td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0);"><div style="float: none; letter-spacing: 0px; top: 0px;display:inline;">$</div>558</td></tr><tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; border-bottom-color: rgb(153, 153, 153); height: auto;"><td style="break-inside: avoid-page; vertical-align: middle; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; width: 70%; font-weight: normal;">Portfolio turnover rate</td><td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0);">50<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td></tr></table>
126761000000
387
558000000
0.50
<div style="border-bottom-width: initial; border-bottom-style: none; font-family: 'Arial'; font-weight: normal; font-size: 10pt; line-height: 11pt; letter-spacing: normal; text-transform: none; text-align: left; color: rgb(0, 0, 0); margin-top: 10pt; margin-bottom: 2.0016pt; padding-bottom: 0; border-bottom-color: initial; padding-left: 27pt;"><div style="font-family: 'Times New Roman'; font-size: 11pt; line-height: 11pt; letter-spacing: normal; text-transform: none; text-align: left; color: rgb(0, 95, 158); margin-top: 10pt; margin-bottom: 3pt; padding-bottom: 0; border-bottom-color: initial; border-bottom-style: none; border-bottom-width: initial;font-weight:bolder;display:inline;">Portfolio <div style="display:inline;">holdings </div>by sector </div>(percent of net assets)</div> <div style="padding-right: 0; display: inline-block; padding-left: 25pt;"><img alt="Graphical Representation - Allocation 1 Chart" src="chartimages_1584974.jpg" style="float: right; width: 300pt;"/> </div>
<div style="font-family: 'Times New Roman'; font-weight: bold; font-size: 11pt; line-height: 12pt; letter-spacing: normal; text-transform: none; color: rgb(0, 95, 158); padding-top: 0; margin-top: 0; margin-bottom: 2.0016pt;">Material fund changes</div> <div style="margin-top: 0; font-family: 'Arial'; font-weight: normal; font-size: 9pt; line-height: 11pt; color: rgb(0, 0, 0); padding-bottom: 9pt; margin-bottom: 0;">This is a summary of certain changes to the fund since April 1, 2025. For more complete information, you may review the fund’s next prospectus, which we expect to be available by June 1, 2026 at <div style="text-decoration-line: underline; font-family: "Times New Roman"; color: rgb(0, 95, 158); font-size: 10pt; line-height: 13pt; letter-spacing: -0.05pt; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">capitalgroup.com/mutual-fund-literature-529F1</div></div> or upon request at <div style="display:inline;">(800) 421-4225</div><div style="display:inline;">.</div></div> <div style="margin-top: 0; font-family: 'Arial'; font-weight: normal; font-size: 9pt; line-height: 11pt; color: rgb(0, 0, 0); padding-bottom: 9pt; margin-bottom: 0;">Effective June 1, 2025, the fund name is EUPAC Fund. </div>
This is a summary of certain changes to the fund since April 1, 2025. For more complete information, you may review the fund’s next prospectus, which we expect to be available by June 1, 2026 at <div style="text-decoration-line: underline; font-family: "Times New Roman"; color: rgb(0, 95, 158); font-size: 10pt; line-height: 13pt; letter-spacing: -0.05pt; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">capitalgroup.com/mutual-fund-literature-529F1</div></div> or upon request at <div style="display:inline;">(800) 421-4225</div><div style="display:inline;">.</div>
2025-04-01
capitalgroup.com/mutual-fund-literature-529F1
(800) 421-4225
Effective June 1, 2025, the fund name is EUPAC Fund.
EUPAC Fund™
Class 529-F-2
FUEPX
This annual shareholder report contains important information about EUPAC Fund (the "fund") for the period from April 1, 2025 to March 31, 2026.
annual shareholder report
You can find additional information about the fund at <div style="text-decoration-line: underline; font-family: "Times New Roman"; color: rgb(0, 95, 158); font-size: 10pt; line-height: 13pt; letter-spacing: -0.05pt; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">capitalgroup.com/mutual-fund-literature-529F2</div></div>. You can also request this information by contacting us at<div style="display:inline;"> </div><div style="display:inline;">(800) 421-4225</div><div style="display:inline;">.</div>
capitalgroup.com/mutual-fund-literature-529F2
(800) 421-4225
This report describes changes to the fund that occurred during the reporting period.
<div style="margin-bottom: 6pt;">
<div style="margin-top: 0; letter-spacing: normal; text-transform: none; font-family: 'Arial'; font-weight: normal; font-size: 10pt; line-height: 13pt; color: rgb(0, 0, 0); margin-bottom: 0;"><div style="font-family: 'Times New Roman'; font-size: 11pt; line-height: 13pt; color: rgb(0, 95, 158);font-weight:bolder;display:inline;width:100%;">What were the fund costs for the last year?</div> (based on a hypothetical $10,000 investment)</div>
</div>
<div style="margin-bottom: 4pt;">
<table style="text-align:start; break-inside: avoid; table-layout: auto; width: 100%; border-collapse: collapse; border-bottom-color: rgb(153, 153, 153); border-bottom-style: solid; border-bottom-width: 0.5pt; margin-bottom: 3pt;">
<tr style="break-after: avoid; border-bottom-style: none; border-bottom-width: initial; break-inside: avoid-page; background-color: rgb(0, 95, 158); border-right-color: rgb(255, 255, 255); border-right-style: solid; border-right-width: 0.5pt; height: 19.008pt; border-bottom-color: initial;">
<td style="break-inside: avoid-page; padding: 3pt 6pt; font-size: 10pt; line-height: 10pt; width: 126.9pt; font-family: "Times New Roman"; text-align: center; vertical-align: middle; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255);"><div style="font-weight:bolder;display:inline;">Share class</div></td>
<td style="break-inside: avoid-page; padding: 3pt 6pt; font-size: 10pt; line-height: 10pt; width: 171.072pt; font-family: "Times New Roman"; text-align: center; vertical-align: middle; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255);"><div style="font-weight:bolder;display:inline;">Costs of a $10,000 investment</div></td>
<td style="break-inside: avoid-page; padding: 3pt 0px; font-size: 10pt; line-height: 10pt; width: 267.948pt; font-family: "Times New Roman"; text-align: center; vertical-align: middle; color: rgb(255, 255, 255); border-right: initial initial;"><div style="font-weight:bolder;display:inline;">Costs paid as a percentage of a $10,000 investment</div></td>
</tr>
<tr style="border-bottom-width: initial; border-bottom-style: none; break-inside: avoid-page; height: 20pt; border-bottom-color: initial;">
<td style="break-inside: avoid-page; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; font-size: 10pt; line-height: 10pt; font-family: 'Arial'; text-align: center; width: 126.9pt; color: rgb(0, 0, 0); padding-right: 6pt; padding-left: 6pt; vertical-align: bottom;">Class 529-F-2</td>
<td style="break-inside: avoid-page; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; font-family: 'Arial'; font-size: 10pt; line-height: 10pt; text-align: center; width: 171.072pt; color: rgb(0, 0, 0); padding-right: 6pt; padding-left: 6pt; vertical-align: bottom;"><div style="float: none; letter-spacing: 0px; top: 0px;display:inline;">$</div>64</td>
<td style="break-inside: avoid-page; white-space: nowrap; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; font-size: 10pt; line-height: 10pt; font-family: 'Arial'; text-align: center; width: 267.948pt; color: rgb(0, 0, 0); padding-right: 0; padding-left: 0; vertical-align: bottom;">0.58<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
</tr>
</table>
</div>
64
0.0058
<div style="font-family: 'Times New Roman'; font-weight: bold; font-size: 11pt; line-height: 12pt; letter-spacing: normal; text-transform: none; color: rgb(0, 95, 158); padding-top: 0; margin-top: 0; margin-bottom: 2.0016pt;">Management's discussion of fund performance</div>
<div style="margin-top: 0; font-weight: normal; font-family: 'Arial'; font-size: 9pt; line-height: 11pt; letter-spacing: -0.04pt; color: rgb(0, 0, 0); margin-bottom: 4.0032pt;">The fund’s Class 529-F-2 shares gained 22.16% for the year ended March 31, 2026. That result compares with a 24.91% gain for the MSCI ACWI (All Country World Index) ex USA. For information on returns for additional periods, including the fund lifetime, please refer to <div style="text-decoration-line: underline; font-family: "Times New Roman"; color: rgb(0, 95, 158); font-size: 9pt; line-height: 11pt; letter-spacing: -0.04pt;display:inline;"><div style="font-weight:bolder;display:inline;">capitalgroup.com/mutual-fund-returns-529F2</div></div>.</div>
<div style="margin-bottom: 2.0016pt; font-family: 'Times New Roman'; font-weight: bold; font-size: 10pt; line-height: 10pt; letter-spacing: normal; text-transform: none; color: rgb(0, 0, 0); padding-top: 0; margin-top: 6pt;">What factors influenced results</div>
<div style="margin-top: 0; font-weight: normal; font-family: 'Arial'; font-size: 9pt; line-height: 11pt; letter-spacing: -0.04pt; color: rgb(0, 0, 0); margin-bottom: 4.0032pt;">International equity markets delivered strong gains during the during the one-year period ended March 31, 2026, remaining resilient despite persistent trade tensions. However, momentum slowed late in the period as the Middle East conflict led to an energy crisis. Equities in the U.K. and Japan advanced but pulled back sharply in March. Chinese equities posted modest gains, while Indian stocks declined.</div>
<div style="margin-top: 0; font-weight: normal; font-family: 'Arial'; font-size: 9pt; line-height: 11pt; letter-spacing: -0.04pt; color: rgb(0, 0, 0); margin-bottom: 4.0032pt;">Within the fund, most sectors contributed to <div style="display:inline;">the </div>portfolio, with information technology being the most additive. Returns from the financials, industrials and materials sectors were also positive. Conversely, holdings in the health care and consumer discretionary sectors saw negative results during the period. </div>
<div style="margin-top: 0; font-weight: normal; font-family: 'Arial'; font-size: 9pt; line-height: 11pt; letter-spacing: -0.04pt; color: rgb(0, 0, 0); margin-bottom: 4.0032pt;">Geographically, investments <div style="display:inline;">in </div>companies based in Taiwan, Canada and South Korea contributed significantly to absolute returns. Shares of companies in Denmark, India and China posted negative overall returns. </div>
<img alt="Fund Performance - Growth of 10K" src="chartimages_1584572.jpg" style="display: block; margin-left: auto; margin-right: auto; width: 550pt;"/>
<div style="border-bottom-width: initial; border-bottom-style: none; font-family: 'Times New Roman'; font-weight: bold; font-size: 10pt; line-height: 10pt; text-align: left; letter-spacing: normal; text-transform: none; color: rgb(0, 0, 0); border-bottom-color: initial; padding-bottom: 0; margin-bottom: 4pt; margin-top: 0;">Average annual <div style="display:inline;">total </div>returns</div>
<table style="text-align:start; break-inside: avoid; table-layout: auto; width: 100%; border-collapse: collapse;">
<tr style="break-after: avoid; border-bottom-style: solid; border-bottom-width: 0.5pt; break-inside: avoid-page; background-color: rgb(0, 95, 158); border-right-color: rgb(255, 255, 255); border-right-style: solid; border-right-width: 0.5pt; height: 16.9992pt; border-bottom-color: rgb(153, 153, 153);">
<td style="break-inside: avoid-page; padding: 0px 2pt; white-space: nowrap; font-family: "Times New Roman"; font-size: 10pt; line-height: 10pt; text-align: center; vertical-align: middle; color: rgb(0, 0, 0); border-right: initial initial; background-color: rgb(223, 229, 240);"><div style="display:inline;"></div></td>
<td style="break-inside: avoid-page; padding: 0px 5pt; width: 64pt; font-family: "Times New Roman"; font-size: 10pt; line-height: 10pt; text-align: center; vertical-align: middle; white-space: nowrap; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255); background-color: rgb(0, 95, 158);"><div style="font-weight:bolder;display:inline;">1 year</div></td>
<td style="break-inside: avoid-page; padding: 0px 5pt; width: 64pt; font-family: "Times New Roman"; font-size: 10pt; line-height: 10pt; text-align: center; vertical-align: middle; white-space: nowrap; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255); background-color: rgb(0, 95, 158);"><div style="font-weight:bolder;display:inline;">5 years</div></td>
<td style="break-inside: avoid-page; padding: 0px 5pt; width: 64pt; font-family: "Times New Roman"; font-size: 10pt; line-height: 10pt; text-align: center; vertical-align: middle; white-space: nowrap; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255); background-color: rgb(0, 95, 158);"><div style="font-weight:bolder;display:inline;">Since inception<div style=";display:inline;vertical-align: super;font-size:9.2px">1</div></div></td>
</tr>
<tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: auto; border-bottom-color: rgb(153, 153, 153); background-color: rgb(255, 255, 255);">
<td style="break-inside: avoid-page; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; vertical-align: middle; padding-top: 3pt; padding-right: 0; padding-bottom: 3pt; padding-left: 2pt;">EUPAC Fund — Class <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">529-F-2</div><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"><div style=";display:inline;vertical-align: super;font-size:8.3px">2</div></div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">22.16<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">3.95<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">7.28<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
</tr>
<tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: auto; border-bottom-color: rgb(153, 153, 153); background-color: rgb(255, 255, 255);">
<td style="break-inside: avoid-page; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; vertical-align: middle; padding-top: 3pt; padding-right: 0; padding-bottom: 3pt; padding-left: 2pt;">MSCI ACWI (All Country World Index) ex <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">USA</div><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"><div style=";display:inline;vertical-align: super;font-size:8.3px">3</div></div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">24.91<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">7.02<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">10.73<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
</tr>
</table>
<div style="margin-top: 0; font-family: 'Arial'; font-weight: normal; font-size: 8pt; line-height: 10pt; color: rgb(0, 0, 0); margin-bottom: 0; margin-left: 5pt; text-indent: -5pt;"><div style=";display:inline;vertical-align: super;font-size:7.4px">1</div> Class 529-F-2 shares were first offered on October 30, 2020.</div>
<div style="margin-top: 0; font-family: 'Arial'; font-weight: normal; font-size: 8pt; line-height: 10pt; color: rgb(0, 0, 0); margin-bottom: 0; margin-left: 5pt; text-indent: -5pt;"><div style=";display:inline;vertical-align: super;font-size:7.4px">2</div> Investment results assume all distributions are reinvested and reflect applicable fees and expenses. When applicable, results reflect fee waivers and/or expense reimbursements, without which they would have been lower.</div>
<div style="margin-top: 0; font-family: 'Arial'; font-weight: normal; font-size: 8pt; line-height: 10pt; color: rgb(0, 0, 0); margin-bottom: 0; margin-left: 5pt; text-indent: -5pt;"><div style=";display:inline;vertical-align: super;font-size:7.4px">3</div> Results assume all distributions are reinvested. Any market index shown is unmanaged, and therefore, has no expenses. Investors cannot invest directly in an index. Source(s): MSCI.</div>
EUPAC Fund — Class 529-F-2
0.2216
0.0395
0.0728
MSCI ACWI (All Country World Index) ex USA
0.2491
0.0702
0.1073
2020-10-30
The fund’s past performance is not a predictor of its future performance.
The line chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares.
<div style="text-transform: none; margin-bottom: 2.0016pt; font-family: 'Times New Roman'; font-weight: bold; font-size: 11pt; line-height: 11pt; letter-spacing: normal; color: rgb(0, 95, 158); margin-top: 10pt;">Key <div style="display:inline;">fund </div>statistics</div>
<table style="text-align:start; width: 100%; border-collapse: collapse; break-inside: avoid;">
<tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; border-bottom-color: rgb(153, 153, 153); height: auto; border-top-color: rgb(153, 153, 153); border-top-style: solid; border-top-width: 0.5pt;">
<td style="break-inside: avoid-page; vertical-align: middle; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; width: 70%; font-weight: normal;">Fund net assets (in millions)</td>
<td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0);"><div style="float: none; letter-spacing: 0px; top: 0px;display:inline;">$</div>126,761</td>
</tr>
<tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; border-bottom-color: rgb(153, 153, 153); height: auto;">
<td style="break-inside: avoid-page; vertical-align: middle; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; width: 70%; font-weight: normal;">Total number of portfolio holdings</td>
<td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0);">387</td>
</tr>
<tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; border-bottom-color: rgb(153, 153, 153); height: auto;">
<td style="break-inside: avoid-page; vertical-align: middle; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; width: 70%; font-weight: normal;">Total advisory fees paid (in millions)</td>
<td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0);"><div style="float: none; letter-spacing: 0px; top: 0px;display:inline;">$</div>558</td>
</tr>
<tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; border-bottom-color: rgb(153, 153, 153); height: auto;">
<td style="break-inside: avoid-page; vertical-align: middle; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; width: 70%; font-weight: normal;">Portfolio turnover rate</td>
<td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0);">50<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
</tr>
</table>
126761000000
387
558000000
0.50
<div style="border-bottom-width: initial; border-bottom-style: none; font-family: 'Arial'; font-weight: normal; font-size: 10pt; line-height: 11pt; letter-spacing: normal; text-transform: none; text-align: left; color: rgb(0, 0, 0); margin-top: 10pt; margin-bottom: 2.0016pt; padding-bottom: 0; border-bottom-color: initial; padding-left: 27pt;"><div style="font-family: 'Times New Roman'; font-size: 11pt; line-height: 11pt; letter-spacing: normal; text-transform: none; text-align: left; color: rgb(0, 95, 158); margin-top: 10pt; margin-bottom: 3pt; padding-bottom: 0; border-bottom-color: initial; border-bottom-style: none; border-bottom-width: initial;font-weight:bolder;display:inline;">Portfolio holdings <div style="display:inline;">by </div>sector </div>(percent of net assets)</div>
<div style="padding-right: 0; display: inline-block; padding-left: 25pt;"><img alt="Graphical Representation - Allocation 1 Chart" src="chartimages_1584578.jpg" style="float: right; width: 300pt;"/> </div>
<div style="font-family: 'Times New Roman'; font-weight: bold; font-size: 11pt; line-height: 12pt; letter-spacing: normal; text-transform: none; color: rgb(0, 95, 158); padding-top: 0; margin-top: 0; margin-bottom: 2.0016pt;">Material fund changes</div>
<div style="margin-top: 0; font-family: 'Arial'; font-weight: normal; font-size: 9pt; line-height: 11pt; color: rgb(0, 0, 0); padding-bottom: 9pt; margin-bottom: 0;">This is a summary of certain changes to the fund since April 1, 2025. For more complete information, you may review the fund’s next prospectus, which we expect to be available by June 1, 2026 at <div style="text-decoration-line: underline; font-family: "Times New Roman"; color: rgb(0, 95, 158); font-size: 10pt; line-height: 13pt; letter-spacing: -0.05pt; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">capitalgroup.com/mutual-fund-literature-529F2</div></div> or upon request at <div style="display:inline;">(800) 421-4225</div><div style="display:inline;">.</div></div>
<div style="margin-top: 0; font-family: 'Arial'; font-weight: normal; font-size: 9pt; line-height: 11pt; color: rgb(0, 0, 0); padding-bottom: 9pt; margin-bottom: 0;">Effective June 1, 2025, the fund name is EUPAC Fund. </div>
This is a summary of certain changes to the fund since April 1, 2025. For more complete information, you may review the fund’s next prospectus, which we expect to be available by June 1, 2026 at <div style="text-decoration-line: underline; font-family: "Times New Roman"; color: rgb(0, 95, 158); font-size: 10pt; line-height: 13pt; letter-spacing: -0.05pt; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">capitalgroup.com/mutual-fund-literature-529F2</div></div> or upon request at <div style="display:inline;">(800) 421-4225</div><div style="display:inline;">.</div>
2025-04-01
capitalgroup.com/mutual-fund-literature-529F2
(800) 421-4225
Effective June 1, 2025, the fund name is EUPAC Fund.
EUPAC Fund™
Class 529-F-3
FEPUX
This annual shareholder report contains important information about EUPAC Fund (the "fund") for the period from April 1, 2025 to March 31, 2026.
annual shareholder report
You can find additional information about the fund at <div style="text-decoration-line: underline; font-family: "Times New Roman"; color: rgb(0, 95, 158); font-size: 10pt; line-height: 13pt; letter-spacing: -0.05pt; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">capitalgroup.com/mutual-fund-literature-529F3</div></div>. You can also request this information by contacting us at <div style="display:inline;">(800) 421-4225</div><div style="display:inline;">.</div>
capitalgroup.com/mutual-fund-literature-529F3
(800) 421-4225
This report describes changes to the fund that occurred during the reporting period.
<div style="margin-bottom: 6pt;">
<div style="margin-top: 0; letter-spacing: normal; text-transform: none; font-family: 'Arial'; font-weight: normal; font-size: 10pt; line-height: 13pt; color: rgb(0, 0, 0); margin-bottom: 0;"><div style="font-family: 'Times New Roman'; font-size: 11pt; line-height: 13pt; color: rgb(0, 95, 158);font-weight:bolder;display:inline;width:100%;">What were the fund costs for the last year?</div> (based on a hypothetical $10,000 investment)</div>
</div>
<div style="margin-bottom: 4pt;">
<table style="text-align:start; break-inside: avoid; table-layout: auto; width: 100%; border-collapse: collapse; border-bottom-color: rgb(153, 153, 153); border-bottom-style: solid; border-bottom-width: 0.5pt; margin-bottom: 3pt;">
<tr style="break-after: avoid; border-bottom-style: none; border-bottom-width: initial; break-inside: avoid-page; background-color: rgb(0, 95, 158); border-right-color: rgb(255, 255, 255); border-right-style: solid; border-right-width: 0.5pt; height: 19.008pt; border-bottom-color: initial;">
<td style="break-inside: avoid-page; padding: 3pt 6pt; font-size: 10pt; line-height: 10pt; width: 126.9pt; font-family: "Times New Roman"; text-align: center; vertical-align: middle; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255);"><div style="font-weight:bolder;display:inline;">Share class</div></td>
<td style="break-inside: avoid-page; padding: 3pt 6pt; font-size: 10pt; line-height: 10pt; width: 171.072pt; font-family: "Times New Roman"; text-align: center; vertical-align: middle; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255);"><div style="font-weight:bolder;display:inline;">Costs of a $10,000 investment</div></td>
<td style="break-inside: avoid-page; padding: 3pt 0px; font-size: 10pt; line-height: 10pt; width: 267.948pt; font-family: "Times New Roman"; text-align: center; vertical-align: middle; color: rgb(255, 255, 255); border-right: initial initial;"><div style="font-weight:bolder;display:inline;">Costs paid as a percentage of a $10,000 investment</div></td>
</tr>
<tr style="border-bottom-width: initial; border-bottom-style: none; break-inside: avoid-page; height: 20pt; border-bottom-color: initial;">
<td style="break-inside: avoid-page; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; font-size: 10pt; line-height: 10pt; font-family: 'Arial'; text-align: center; width: 126.9pt; color: rgb(0, 0, 0); padding-right: 6pt; padding-left: 6pt; vertical-align: bottom;">Class 529-F-3</td>
<td style="break-inside: avoid-page; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; font-family: 'Arial'; font-size: 10pt; line-height: 10pt; text-align: center; width: 171.072pt; color: rgb(0, 0, 0); padding-right: 6pt; padding-left: 6pt; vertical-align: bottom;"><div style="float: none; letter-spacing: 0px; top: 0px;display:inline;">$</div>58</td>
<td style="break-inside: avoid-page; white-space: nowrap; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; font-size: 10pt; line-height: 10pt; font-family: 'Arial'; text-align: center; width: 267.948pt; color: rgb(0, 0, 0); padding-right: 0; padding-left: 0; vertical-align: bottom;">0.52<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
</tr>
</table>
</div>
58
0.0052
<div style="font-family: 'Times New Roman'; font-weight: bold; font-size: 11pt; line-height: 12pt; letter-spacing: normal; text-transform: none; color: rgb(0, 95, 158); padding-top: 0; margin-top: 0; margin-bottom: 2.0016pt;">Management's discussion of fund performance</div>
<div style="margin-top: 0; font-weight: normal; font-family: 'Arial'; font-size: 9pt; line-height: 11pt; letter-spacing: -0.04pt; color: rgb(0, 0, 0); margin-bottom: 4.0032pt;">The fund’s Class 529-F-3 shares gained 22.25% for the year ended March 31, 2026. That result compares with a 24.91% gain for the MSCI ACWI (All Country World Index) ex USA. For information on returns for additional periods, including the fund lifetime, please refer to <div style="text-decoration-line: underline; font-family: "Times New Roman"; color: rgb(0, 95, 158); font-size: 9pt; line-height: 11pt; letter-spacing: -0.04pt;display:inline;"><div style="font-weight:bolder;display:inline;">capitalgroup.com/mutual-fund-returns-529F3</div></div>.</div>
<div style="margin-bottom: 2.0016pt; font-family: 'Times New Roman'; font-weight: bold; font-size: 10pt; line-height: 10pt; letter-spacing: normal; text-transform: none; color: rgb(0, 0, 0); padding-top: 0; margin-top: 6pt;">What factors influenced results</div>
<div style="margin-top: 0; font-weight: normal; font-family: 'Arial'; font-size: 9pt; line-height: 11pt; letter-spacing: -0.04pt; color: rgb(0, 0, 0); margin-bottom: 4.0032pt;">International equity markets delivered strong gains during the during the one-year period ended March 31, 2026, remaining resilient despite persistent trade tensions. However, momentum slowed late in the period as the Middle East conflict led to an energy crisis. Equities in the U.K. and Japan advanced but pulled back sharply in March. Chinese equities posted modest gains, while Indian stocks declined.</div>
<div style="margin-top: 0; font-weight: normal; font-family: 'Arial'; font-size: 9pt; line-height: 11pt; letter-spacing: -0.04pt; color: rgb(0, 0, 0); margin-bottom: 4.0032pt;">Within the fund, most sectors <div style="display:inline;">contributed </div>to the portfolio, with information technology being the most additive. Returns from the financials, industrials and materials sectors were also positive. Conversely, holdings in the health care and consumer discretionary sectors saw negative results during the period. </div>
<div style="margin-top: 0; font-weight: normal; font-family: 'Arial'; font-size: 9pt; line-height: 11pt; letter-spacing: -0.04pt; color: rgb(0, 0, 0); margin-bottom: 4.0032pt;">Geographically, investments in <div style="display:inline;">companies </div>based in Taiwan, Canada and South Korea contributed significantly to absolute returns. Shares of companies in Denmark, India and China posted negative overall returns. </div>
<img alt="Fund Performance - Growth of 10K" src="chartimages_1584616.jpg" style="display: block; margin-left: auto; margin-right: auto; width: 550pt;"/>
<div style="border-bottom-width: initial; border-bottom-style: none; font-family: 'Times New Roman'; font-weight: bold; font-size: 10pt; line-height: 10pt; text-align: left; letter-spacing: normal; text-transform: none; color: rgb(0, 0, 0); border-bottom-color: initial; padding-bottom: 0; margin-bottom: 4pt; margin-top: 0;">Average annual <div style="display:inline;">total </div>returns</div>
<table style="text-align:start; break-inside: avoid; table-layout: auto; width: 100%; border-collapse: collapse;">
<tr style="break-after: avoid; border-bottom-style: solid; border-bottom-width: 0.5pt; break-inside: avoid-page; background-color: rgb(0, 95, 158); border-right-color: rgb(255, 255, 255); border-right-style: solid; border-right-width: 0.5pt; height: 16.9992pt; border-bottom-color: rgb(153, 153, 153);">
<td style="break-inside: avoid-page; padding: 0px 2pt; white-space: nowrap; font-family: "Times New Roman"; font-size: 10pt; line-height: 10pt; text-align: center; vertical-align: middle; color: rgb(0, 0, 0); border-right: initial initial; background-color: rgb(223, 229, 240);"><div style="display:inline;"></div></td>
<td style="break-inside: avoid-page; padding: 0px 5pt; width: 64pt; font-family: "Times New Roman"; font-size: 10pt; line-height: 10pt; text-align: center; vertical-align: middle; white-space: nowrap; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255); background-color: rgb(0, 95, 158);"><div style="font-weight:bolder;display:inline;">1 year</div></td>
<td style="break-inside: avoid-page; padding: 0px 5pt; width: 64pt; font-family: "Times New Roman"; font-size: 10pt; line-height: 10pt; text-align: center; vertical-align: middle; white-space: nowrap; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255); background-color: rgb(0, 95, 158);"><div style="font-weight:bolder;display:inline;">5 years</div></td>
<td style="break-inside: avoid-page; padding: 0px 5pt; width: 64pt; font-family: "Times New Roman"; font-size: 10pt; line-height: 10pt; text-align: center; vertical-align: middle; white-space: nowrap; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255); background-color: rgb(0, 95, 158);"><div style="font-weight:bolder;display:inline;">Since inception<div style=";display:inline;vertical-align: super;font-size:9.2px">1</div></div></td>
</tr>
<tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: auto; border-bottom-color: rgb(153, 153, 153); background-color: rgb(255, 255, 255);">
<td style="break-inside: avoid-page; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; vertical-align: middle; padding-top: 3pt; padding-right: 0; padding-bottom: 3pt; padding-left: 2pt;">EUPAC Fund — Class <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">529-F-3</div><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"><div style=";display:inline;vertical-align: super;font-size:8.3px">2</div></div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">22.25<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">4.02<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">7.34<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
</tr>
<tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: auto; border-bottom-color: rgb(153, 153, 153); background-color: rgb(255, 255, 255);">
<td style="break-inside: avoid-page; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; vertical-align: middle; padding-top: 3pt; padding-right: 0; padding-bottom: 3pt; padding-left: 2pt;">MSCI ACWI (All Country World Index) ex <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">USA</div><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"><div style=";display:inline;vertical-align: super;font-size:8.3px">3</div></div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">24.91<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">7.02<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">10.73<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
</tr>
</table>
<div style="margin-top: 0; font-family: 'Arial'; font-weight: normal; font-size: 8pt; line-height: 10pt; color: rgb(0, 0, 0); margin-bottom: 0; margin-left: 5pt; text-indent: -5pt;"><div style=";display:inline;vertical-align: super;font-size:7.4px">1</div> Class 529-F-3 shares were first offered on October 30, 2020.</div>
<div style="margin-top: 0; font-family: 'Arial'; font-weight: normal; font-size: 8pt; line-height: 10pt; color: rgb(0, 0, 0); margin-bottom: 0; margin-left: 5pt; text-indent: -5pt;"><div style=";display:inline;vertical-align: super;font-size:7.4px">2</div> Investment results assume all distributions are reinvested and reflect applicable fees and expenses. When applicable, results reflect fee waivers and/or expense reimbursements, without which they would have been lower.</div>
<div style="margin-top: 0; font-family: 'Arial'; font-weight: normal; font-size: 8pt; line-height: 10pt; color: rgb(0, 0, 0); margin-bottom: 0; margin-left: 5pt; text-indent: -5pt;"><div style=";display:inline;vertical-align: super;font-size:7.4px">3</div> Results assume all distributions are reinvested. Any market index shown is unmanaged, and therefore, has no expenses. Investors cannot invest directly in an index. Source(s): MSCI.</div>
EUPAC Fund — Class 529-F-3
0.2225
0.0402
0.0734
MSCI ACWI (All Country World Index) ex USA
0.2491
0.0702
0.1073
2020-10-30
The fund’s past performance is not a predictor of its future performance.
The line chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares.
<div style="text-transform: none; margin-bottom: 2.0016pt; font-family: 'Times New Roman'; font-weight: bold; font-size: 11pt; line-height: 11pt; letter-spacing: normal; color: rgb(0, 95, 158); margin-top: 10pt;">Key <div style="display:inline;">fund </div>statistics</div>
<table style="text-align:start; width: 100%; border-collapse: collapse; break-inside: avoid;">
<tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; border-bottom-color: rgb(153, 153, 153); height: auto; border-top-color: rgb(153, 153, 153); border-top-style: solid; border-top-width: 0.5pt;">
<td style="break-inside: avoid-page; vertical-align: middle; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; width: 70%; font-weight: normal;">Fund net assets (in millions)</td>
<td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0);"><div style="float: none; letter-spacing: 0px; top: 0px;display:inline;">$</div>126,761</td>
</tr>
<tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; border-bottom-color: rgb(153, 153, 153); height: auto;">
<td style="break-inside: avoid-page; vertical-align: middle; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; width: 70%; font-weight: normal;">Total number of portfolio holdings</td>
<td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0);">387</td>
</tr>
<tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; border-bottom-color: rgb(153, 153, 153); height: auto;">
<td style="break-inside: avoid-page; vertical-align: middle; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; width: 70%; font-weight: normal;">Total advisory fees paid (in millions)</td>
<td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0);"><div style="float: none; letter-spacing: 0px; top: 0px;display:inline;">$</div>558</td>
</tr>
<tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; border-bottom-color: rgb(153, 153, 153); height: auto;">
<td style="break-inside: avoid-page; vertical-align: middle; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; width: 70%; font-weight: normal;">Portfolio turnover rate</td>
<td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0);">50<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
</tr>
</table>
126761000000
387
558000000
0.50
<div style="border-bottom-width: initial; border-bottom-style: none; font-family: 'Arial'; font-weight: normal; font-size: 10pt; line-height: 11pt; letter-spacing: normal; text-transform: none; text-align: left; color: rgb(0, 0, 0); margin-top: 10pt; margin-bottom: 2.0016pt; padding-bottom: 0; border-bottom-color: initial; padding-left: 27pt;"><div style="font-family: 'Times New Roman'; font-size: 11pt; line-height: 11pt; letter-spacing: normal; text-transform: none; text-align: left; color: rgb(0, 95, 158); margin-top: 10pt; margin-bottom: 3pt; padding-bottom: 0; border-bottom-color: initial; border-bottom-style: none; border-bottom-width: initial;font-weight:bolder;display:inline;">Portfolio holdings by <div style="display:inline;">sector </div></div>(percent of net assets)</div>
<div style="padding-right: 0; display: inline-block; padding-left: 25pt;"><img alt="Graphical Representation - Allocation 1 Chart" src="chartimages_1584622.jpg" style="float: right; width: 300pt;"/> </div>
<div style="font-family: 'Times New Roman'; font-weight: bold; font-size: 11pt; line-height: 12pt; letter-spacing: normal; text-transform: none; color: rgb(0, 95, 158); padding-top: 0; margin-top: 0; margin-bottom: 2.0016pt;">Material fund changes</div>
<div style="margin-top: 0; font-family: 'Arial'; font-weight: normal; font-size: 9pt; line-height: 11pt; color: rgb(0, 0, 0); padding-bottom: 9pt; margin-bottom: 0;">This is a summary of certain changes to the fund since April 1, 2025. For more complete information, you may review the fund’s next prospectus, which we expect to be available by June 1, 2026 at <div style="text-decoration-line: underline; font-family: "Times New Roman"; color: rgb(0, 95, 158); font-size: 10pt; line-height: 13pt; letter-spacing: -0.05pt; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">capitalgroup.com/mutual-fund-literature-529F3</div></div> or upon request at <div style="display:inline;">(800) 421-4225</div><div style="display:inline;">.</div></div>
<div style="margin-top: 0; font-family: 'Arial'; font-weight: normal; font-size: 9pt; line-height: 11pt; color: rgb(0, 0, 0); padding-bottom: 9pt; margin-bottom: 0;">Effective June 1, 2025, the fund name is EUPAC Fund. </div>
This is a summary of certain changes to the fund since April 1, 2025. For more complete information, you may review the fund’s next prospectus, which we expect to be available by June 1, 2026 at <div style="text-decoration-line: underline; font-family: "Times New Roman"; color: rgb(0, 95, 158); font-size: 10pt; line-height: 13pt; letter-spacing: -0.05pt; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">capitalgroup.com/mutual-fund-literature-529F3</div></div> or upon request at <div style="display:inline;">(800) 421-4225</div><div style="display:inline;">.</div>
2025-04-01
capitalgroup.com/mutual-fund-literature-529F3
(800) 421-4225
Effective June 1, 2025, the fund name is EUPAC Fund.
EUPAC Fund™
Class R-1
RERAX
This annual shareholder report contains important information about EUPAC Fund (the "fund") for the period from April 1, 2025 to March 31, 2026.
annual shareholder report
You can find additional information about the fund at <div style="text-decoration-line: underline; font-family: "Times New Roman"; color: rgb(0, 95, 158); font-size: 10pt; line-height: 13pt; letter-spacing: -0.05pt; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">capitalgroup.com/mutual-fund-literature-R1</div></div>. You can also request this information by contacting us at <div style="display:inline;">(800) 421-4225</div><div style="display:inline;">.</div>
capitalgroup.com/mutual-fund-literature-R1
(800) 421-4225
This report describes changes to the fund that occurred during the reporting period.
<div style="margin-bottom: 6pt;">
<div style="margin-top: 0; letter-spacing: normal; text-transform: none; font-family: 'Arial'; font-weight: normal; font-size: 10pt; line-height: 13pt; color: rgb(0, 0, 0); margin-bottom: 0;"><div style="font-family: 'Times New Roman'; font-size: 11pt; line-height: 13pt; color: rgb(0, 95, 158);font-weight:bolder;display:inline;width:100%;">What were the fund costs for the last year?</div> (based on a hypothetical $10,000 investment)</div>
</div>
<div style="margin-bottom: 4pt;">
<table style="text-align:start; break-inside: avoid; table-layout: auto; width: 100%; border-collapse: collapse; border-bottom-color: rgb(153, 153, 153); border-bottom-style: solid; border-bottom-width: 0.5pt; margin-bottom: 3pt;">
<tr style="break-after: avoid; border-bottom-style: none; border-bottom-width: initial; break-inside: avoid-page; background-color: rgb(0, 95, 158); border-right-color: rgb(255, 255, 255); border-right-style: solid; border-right-width: 0.5pt; height: 19.008pt; border-bottom-color: initial;">
<td style="break-inside: avoid-page; padding: 3pt 6pt; font-size: 10pt; line-height: 10pt; width: 126.9pt; font-family: "Times New Roman"; text-align: center; vertical-align: middle; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255);"><div style="font-weight:bolder;display:inline;">Share class</div></td>
<td style="break-inside: avoid-page; padding: 3pt 6pt; font-size: 10pt; line-height: 10pt; width: 171.072pt; font-family: "Times New Roman"; text-align: center; vertical-align: middle; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255);"><div style="font-weight:bolder;display:inline;">Costs of a $10,000 investment</div></td>
<td style="break-inside: avoid-page; padding: 3pt 0px; font-size: 10pt; line-height: 10pt; width: 267.948pt; font-family: "Times New Roman"; text-align: center; vertical-align: middle; color: rgb(255, 255, 255); border-right: initial initial;"><div style="font-weight:bolder;display:inline;">Costs paid as a percentage of a $10,000 investment</div></td>
</tr>
<tr style="border-bottom-width: initial; border-bottom-style: none; break-inside: avoid-page; height: 20pt; border-bottom-color: initial;">
<td style="break-inside: avoid-page; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; font-size: 10pt; line-height: 10pt; font-family: 'Arial'; text-align: center; width: 126.9pt; color: rgb(0, 0, 0); padding-right: 6pt; padding-left: 6pt; vertical-align: bottom;">Class R-1</td>
<td style="break-inside: avoid-page; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; font-family: 'Arial'; font-size: 10pt; line-height: 10pt; text-align: center; width: 171.072pt; color: rgb(0, 0, 0); padding-right: 6pt; padding-left: 6pt; vertical-align: bottom;"><div style="float: none; letter-spacing: 0px; top: 0px;display:inline;">$</div>173</td>
<td style="break-inside: avoid-page; white-space: nowrap; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; font-size: 10pt; line-height: 10pt; font-family: 'Arial'; text-align: center; width: 267.948pt; color: rgb(0, 0, 0); padding-right: 0; padding-left: 0; vertical-align: bottom;">1.57<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
</tr>
</table>
</div>
173
0.0157
<div style="font-family: 'Times New Roman'; font-weight: bold; font-size: 11pt; line-height: 12pt; letter-spacing: normal; text-transform: none; color: rgb(0, 95, 158); padding-top: 0; margin-top: 0; margin-bottom: 2.0016pt;">Management's discussion of fund performance</div>
<div style="margin-top: 0; font-weight: normal; font-family: 'Arial'; font-size: 9pt; line-height: 11pt; letter-spacing: -0.04pt; color: rgb(0, 0, 0); margin-bottom: 4.0032pt;">The fund’s Class R-1 shares gained 20.98% for the year ended March 31, 2026. That result compares with a 24.91% gain for the MSCI ACWI (All Country World Index) ex USA. For information on returns for additional periods, including the fund lifetime, please refer to <div style="text-decoration-line: underline; font-family: "Times New Roman"; color: rgb(0, 95, 158); font-size: 9pt; line-height: 11pt; letter-spacing: -0.04pt;display:inline;"><div style="font-weight:bolder;display:inline;">capitalgroup.com/mutual-fund-returns-R1</div></div>.</div>
<div style="margin-bottom: 2.0016pt; font-family: 'Times New Roman'; font-weight: bold; font-size: 10pt; line-height: 10pt; letter-spacing: normal; text-transform: none; color: rgb(0, 0, 0); padding-top: 0; margin-top: 6pt;">What factors influenced results</div>
<div style="margin-top: 0; font-weight: normal; font-family: 'Arial'; font-size: 9pt; line-height: 11pt; letter-spacing: -0.04pt; color: rgb(0, 0, 0); margin-bottom: 4.0032pt;">International equity markets delivered strong gains during the during the one-year period ended March 31, 2026, remaining resilient despite persistent trade tensions. However, momentum slowed late in the period as the Middle East conflict led to an energy crisis. Equities in the U.K. and Japan advanced but pulled back sharply in March. Chinese equities posted modest gains, while Indian stocks declined.</div>
<div style="margin-top: 0; font-weight: normal; font-family: 'Arial'; font-size: 9pt; line-height: 11pt; letter-spacing: -0.04pt; color: rgb(0, 0, 0); margin-bottom: 4.0032pt;">Within the fund, most sectors contributed to the portfolio, with information technology being the most additive. Returns from the financials, industrials and materials sectors were also positive. Conversely, holdings in the health care and consumer discretionary sectors saw negative results during the period. </div>
<div style="margin-top: 0; font-weight: normal; font-family: 'Arial'; font-size: 9pt; line-height: 11pt; letter-spacing: -0.04pt; color: rgb(0, 0, 0); margin-bottom: 4.0032pt;">Geographically, investments in companies based in Taiwan, Canada and South Korea contributed significantly to absolute returns. Shares of companies in Denmark, India and China posted negative overall returns. </div>
<img alt="Fund Performance - Growth of 10K" src="chartimages_1585012.jpg" style="display: block; margin-left: auto; margin-right: auto; width: 550pt;"/>
<div style="border-bottom-width: initial; border-bottom-style: none; font-family: 'Times New Roman'; font-weight: bold; font-size: 10pt; line-height: 10pt; text-align: left; letter-spacing: normal; text-transform: none; color: rgb(0, 0, 0); border-bottom-color: initial; padding-bottom: 0; margin-bottom: 4pt; margin-top: 0;">Average annual total returns</div>
<div style="margin-bottom: 3pt;">
<table style="text-align:start; break-inside: avoid; table-layout: auto; width: 100%; border-collapse: collapse;">
<tr style="break-after: avoid; border-bottom-style: solid; border-bottom-width: 0.5pt; break-inside: avoid-page; background-color: rgb(0, 95, 158); border-right-color: rgb(255, 255, 255); border-right-style: solid; border-right-width: 0.5pt; height: 16.9992pt; border-bottom-color: rgb(153, 153, 153);">
<td style="break-inside: avoid-page; padding: 0px 2pt; white-space: nowrap; font-family: "Times New Roman"; font-size: 10pt; line-height: 10pt; text-align: center; vertical-align: middle; color: rgb(0, 0, 0); border-right: initial initial; background-color: rgb(223, 229, 240);"><div style="display:inline;"></div></td>
<td style="break-inside: avoid-page; padding: 0px 5pt; width: 64pt; font-family: "Times New Roman"; font-size: 10pt; line-height: 10pt; text-align: center; vertical-align: middle; white-space: nowrap; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255); background-color: rgb(0, 95, 158);"><div style="font-weight:bolder;display:inline;">1 year</div></td>
<td style="break-inside: avoid-page; padding: 0px 5pt; width: 64pt; font-family: "Times New Roman"; font-size: 10pt; line-height: 10pt; text-align: center; vertical-align: middle; white-space: nowrap; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255); background-color: rgb(0, 95, 158);"><div style="font-weight:bolder;display:inline;">5 years</div></td>
<td style="break-inside: avoid-page; padding: 0px 5pt; width: 64pt; font-family: "Times New Roman"; font-size: 10pt; line-height: 10pt; text-align: center; vertical-align: middle; white-space: nowrap; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255); background-color: rgb(0, 95, 158);"><div style="font-weight:bolder;display:inline;">10 years</div></td>
</tr>
<tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: auto; border-bottom-color: rgb(153, 153, 153); background-color: rgb(255, 255, 255);">
<td style="break-inside: avoid-page; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; vertical-align: middle; padding-top: 3pt; padding-right: 0; padding-bottom: 3pt; padding-left: 2pt;">EUPAC Fund — Class <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">R-1</div><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"><div style=";display:inline;vertical-align: super;font-size:8.3px">*</div></div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">20.98<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">2.94<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">7.21<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
</tr>
<tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: auto; border-bottom-color: rgb(153, 153, 153); background-color: rgb(255, 255, 255);">
<td style="break-inside: avoid-page; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; vertical-align: middle; padding-top: 3pt; padding-right: 0; padding-bottom: 3pt; padding-left: 2pt;">MSCI ACWI (All Country World Index) ex <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">USA</div><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"><div style=";display:inline;vertical-align: super;font-size:8.3px">†</div></div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">24.91<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">7.02<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">8.38<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
</tr>
</table>
</div>
<div style="margin-top: 0; font-family: 'Arial'; font-weight: normal; font-size: 8pt; line-height: 10pt; color: rgb(0, 0, 0); margin-bottom: 0; margin-left: 5pt; text-indent: -5pt;"><div style=";display:inline;vertical-align: super;font-size:7.4px">*</div> Investment results assume all distributions are reinvested and reflect applicable fees and expenses. When applicable, results reflect fee waivers and/or expense reimbursements, without which they would have been lower.</div>
<div style="margin-top: 0; font-family: 'Arial'; font-weight: normal; font-size: 8pt; line-height: 10pt; color: rgb(0, 0, 0); margin-bottom: 0; margin-left: 5pt; text-indent: -5pt;"><div style=";display:inline;vertical-align: super;font-size:7.4px">†</div> Results assume all distributions are reinvested. Any market index shown is unmanaged, and therefore, has no expenses. Investors cannot invest directly in an index. Source(s): MSCI.</div>
EUPAC Fund — Class R-1
0.2098
0.0294
0.0721
MSCI ACWI (All Country World Index) ex USA
0.2491
0.0702
0.0838
The fund’s past performance is not a predictor of its future performance.
The line chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares.
<div style="text-transform: none; margin-bottom: 2.0016pt; font-family: 'Times New Roman'; font-weight: bold; font-size: 11pt; line-height: 11pt; letter-spacing: normal; color: rgb(0, 95, 158); margin-top: 10pt;">Key fund statistics</div>
<table style="text-align:start; width: 100%; border-collapse: collapse; break-inside: avoid;">
<tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; border-bottom-color: rgb(153, 153, 153); height: auto; border-top-color: rgb(153, 153, 153); border-top-style: solid; border-top-width: 0.5pt;">
<td style="break-inside: avoid-page; vertical-align: middle; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; width: 70%; font-weight: normal;">Fund net assets (in millions)</td>
<td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0);"><div style="float: none; letter-spacing: 0px; top: 0px;display:inline;">$</div>126,761</td>
</tr>
<tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; border-bottom-color: rgb(153, 153, 153); height: auto;">
<td style="break-inside: avoid-page; vertical-align: middle; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; width: 70%; font-weight: normal;">Total number of portfolio holdings</td>
<td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0);">387</td>
</tr>
<tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; border-bottom-color: rgb(153, 153, 153); height: auto;">
<td style="break-inside: avoid-page; vertical-align: middle; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; width: 70%; font-weight: normal;">Total advisory fees paid (in millions)</td>
<td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0);"><div style="float: none; letter-spacing: 0px; top: 0px;display:inline;">$</div>558</td>
</tr>
<tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; border-bottom-color: rgb(153, 153, 153); height: auto;">
<td style="break-inside: avoid-page; vertical-align: middle; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; width: 70%; font-weight: normal;">Portfolio turnover rate</td>
<td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0);">50<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
</tr>
</table>
126761000000
387
558000000
0.50
<div style="border-bottom-width: initial; border-bottom-style: none; font-family: 'Arial'; font-weight: normal; font-size: 10pt; line-height: 11pt; letter-spacing: normal; text-transform: none; text-align: left; color: rgb(0, 0, 0); margin-top: 10pt; margin-bottom: 2.0016pt; padding-bottom: 0; border-bottom-color: initial; padding-left: 27pt;"><div style="font-family: 'Times New Roman'; font-size: 11pt; line-height: 11pt; letter-spacing: normal; text-transform: none; text-align: left; color: rgb(0, 95, 158); margin-top: 10pt; margin-bottom: 3pt; padding-bottom: 0; border-bottom-color: initial; border-bottom-style: none; border-bottom-width: initial;font-weight:bolder;display:inline;">Portfolio holdings by sector </div>(percent of net assets)</div>
<div style="padding-right: 0; display: inline-block; padding-left: 25pt;"><img alt="Graphical Representation - Allocation 1 Chart" src="chartimages_1585018.jpg" style="float: right; width: 300pt;"/> </div>
<div style="font-family: 'Times New Roman'; font-weight: bold; font-size: 11pt; line-height: 12pt; letter-spacing: normal; text-transform: none; color: rgb(0, 95, 158); padding-top: 0; margin-top: 0; margin-bottom: 2.0016pt;">Material fund changes</div>
<div style="margin-top: 0; font-family: 'Arial'; font-weight: normal; font-size: 9pt; line-height: 11pt; color: rgb(0, 0, 0); padding-bottom: 9pt; margin-bottom: 0;">This is a summary of certain changes to the fund since April 1, 2025. For more complete information, you may review the fund’s next prospectus, which we expect to be available by June 1, 2026 at <div style="text-decoration-line: underline; font-family: "Times New Roman"; color: rgb(0, 95, 158); font-size: 10pt; line-height: 13pt; letter-spacing: -0.05pt; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">capitalgroup.com/mutual-fund-literature-R1</div></div> or upon request at <div style="display:inline;">(800) 421-4225</div><div style="display:inline;">.</div></div>
<div style="margin-top: 0; font-family: 'Arial'; font-weight: normal; font-size: 9pt; line-height: 11pt; color: rgb(0, 0, 0); padding-bottom: 9pt; margin-bottom: 0;">Effective June 1, 2025, the fund name is EUPAC Fund. </div>
<div style="margin-top: 0; font-family: 'Arial'; font-weight: normal; font-size: 9pt; line-height: 11pt; color: rgb(0, 0, 0); padding-bottom: 9pt; margin-bottom: 0;">This is a summary of certain changes to the fund since April 1, 2025. For more complete information, you may review the fund’s next prospectus, which we expect to be available by June 1, 2026 at <div style="text-decoration-line: underline; font-family: "Times New Roman"; color: rgb(0, 95, 158); font-size: 10pt; line-height: 13pt; letter-spacing: -0.05pt; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">capitalgroup.com/mutual-fund-literature-R1</div></div> or upon request at <div style="display:inline;">(800) 421-4225</div><div style="display:inline;">.</div></div>
2025-04-01
capitalgroup.com/mutual-fund-literature-R1
(800) 421-4225
Effective June 1, 2025, the fund name is EUPAC Fund.
EUPAC Fund™
Class R-2
RERBX
This annual shareholder report contains important information about EUPAC Fund (the "fund") for the period from April 1, 2025 to March 31, 2026.
annual shareholder report
You can find additional information about the fund at <div style="text-decoration-line: underline; font-family: "Times New Roman"; color: rgb(0, 95, 158); font-size: 10pt; line-height: 13pt; letter-spacing: -0.05pt; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">capitalgroup.com/mutual-fund-literature-R2</div></div>. You can also request this information by contacting us at<div style="display:inline;"> </div><div style="display:inline;">(800) 421-4225</div><div style="display:inline;">.</div>
capitalgroup.com/mutual-fund-literature-R2
(800) 421-4225
This report describes changes to the fund that occurred during the reporting period.
<div style="margin-bottom: 6pt;">
<div style="margin-top: 0; letter-spacing: normal; text-transform: none; font-family: 'Arial'; font-weight: normal; font-size: 10pt; line-height: 13pt; color: rgb(0, 0, 0); margin-bottom: 0;"><div style="font-family: 'Times New Roman'; font-size: 11pt; line-height: 13pt; color: rgb(0, 95, 158);font-weight:bolder;display:inline;width:100%;">What were the fund costs for the last year?</div> (based on a hypothetical $10,000 investment)</div>
</div>
<div style="margin-bottom: 4pt;">
<table style="text-align:start; break-inside: avoid; table-layout: auto; width: 100%; border-collapse: collapse; border-bottom-color: rgb(153, 153, 153); border-bottom-style: solid; border-bottom-width: 0.5pt; margin-bottom: 3pt;">
<tr style="break-after: avoid; border-bottom-style: none; border-bottom-width: initial; break-inside: avoid-page; background-color: rgb(0, 95, 158); border-right-color: rgb(255, 255, 255); border-right-style: solid; border-right-width: 0.5pt; height: 19.008pt; border-bottom-color: initial;">
<td style="break-inside: avoid-page; padding: 3pt 6pt; font-size: 10pt; line-height: 10pt; width: 126.9pt; font-family: "Times New Roman"; text-align: center; vertical-align: middle; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255);"><div style="font-weight:bolder;display:inline;">Share class</div></td>
<td style="break-inside: avoid-page; padding: 3pt 6pt; font-size: 10pt; line-height: 10pt; width: 171.072pt; font-family: "Times New Roman"; text-align: center; vertical-align: middle; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255);"><div style="font-weight:bolder;display:inline;">Costs of a $10,000 investment</div></td>
<td style="break-inside: avoid-page; padding: 3pt 0px; font-size: 10pt; line-height: 10pt; width: 267.948pt; font-family: "Times New Roman"; text-align: center; vertical-align: middle; color: rgb(255, 255, 255); border-right: initial initial;"><div style="font-weight:bolder;display:inline;">Costs paid as a percentage of a $10,000 investment</div></td>
</tr>
<tr style="border-bottom-width: initial; border-bottom-style: none; break-inside: avoid-page; height: 20pt; border-bottom-color: initial;">
<td style="break-inside: avoid-page; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; font-size: 10pt; line-height: 10pt; font-family: 'Arial'; text-align: center; width: 126.9pt; color: rgb(0, 0, 0); padding-right: 6pt; padding-left: 6pt; vertical-align: bottom;">Class R-2</td>
<td style="break-inside: avoid-page; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; font-family: 'Arial'; font-size: 10pt; line-height: 10pt; text-align: center; width: 171.072pt; color: rgb(0, 0, 0); padding-right: 6pt; padding-left: 6pt; vertical-align: bottom;"><div style="float: none; letter-spacing: 0px; top: 0px;display:inline;">$</div>173</td>
<td style="break-inside: avoid-page; white-space: nowrap; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; font-size: 10pt; line-height: 10pt; font-family: 'Arial'; text-align: center; width: 267.948pt; color: rgb(0, 0, 0); padding-right: 0; padding-left: 0; vertical-align: bottom;">1.57<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
</tr>
</table>
</div>
173
0.0157
<div style="font-family: 'Times New Roman'; font-weight: bold; font-size: 11pt; line-height: 12pt; letter-spacing: normal; text-transform: none; color: rgb(0, 95, 158); padding-top: 0; margin-top: 0; margin-bottom: 2.0016pt;">Management's discussion of fund performance</div>
<div style="margin-top: 0; font-weight: normal; font-family: 'Arial'; font-size: 9pt; line-height: 11pt; letter-spacing: -0.04pt; color: rgb(0, 0, 0); margin-bottom: 4.0032pt;">The fund’s Class R-2 shares gained 20.98% for the year ended March 31, 2026. That result compares with a 24.91% gain for the MSCI ACWI (All Country World Index) ex USA. For information on returns for additional periods, including the fund lifetime, please refer to <div style="text-decoration-line: underline; font-family: "Times New Roman"; color: rgb(0, 95, 158); font-size: 9pt; line-height: 11pt; letter-spacing: -0.04pt;display:inline;"><div style="font-weight:bolder;display:inline;">capitalgroup.com/mutual-fund-returns-R2</div></div>.</div>
<div style="margin-bottom: 2.0016pt; font-family: 'Times New Roman'; font-weight: bold; font-size: 10pt; line-height: 10pt; letter-spacing: normal; text-transform: none; color: rgb(0, 0, 0); padding-top: 0; margin-top: 6pt;">What factors influenced results</div>
<div style="margin-top: 0; font-weight: normal; font-family: 'Arial'; font-size: 9pt; line-height: 11pt; letter-spacing: -0.04pt; color: rgb(0, 0, 0); margin-bottom: 4.0032pt;">International equity markets delivered strong gains during the during the one-year period ended March 31, 2026, remaining resilient despite persistent trade tensions. However, momentum slowed late in the period as the Middle East conflict led to an energy crisis. Equities in the U.K. and Japan advanced but pulled back sharply in March. Chinese equities posted modest gains, while Indian stocks declined.</div>
<div style="margin-top: 0; font-weight: normal; font-family: 'Arial'; font-size: 9pt; line-height: 11pt; letter-spacing: -0.04pt; color: rgb(0, 0, 0); margin-bottom: 4.0032pt;">Within the fund, most sectors contributed to the portfolio, with information technology being the most additive. Returns from the financials, industrials and materials sectors were also positive. Conversely, holdings in the health care and consumer discretionary sectors saw negative results during the period. </div>
<div style="margin-top: 0; font-weight: normal; font-family: 'Arial'; font-size: 9pt; line-height: 11pt; letter-spacing: -0.04pt; color: rgb(0, 0, 0); margin-bottom: 4.0032pt;">Geographically, investments in companies based in Taiwan, Canada and South Korea contributed significantly to absolute returns. Shares of companies in Denmark, India and China posted negative overall returns. </div>
<img alt="Fund Performance - Growth of 10K" src="chartimages_1585056.jpg" style="display: block; margin-left: auto; margin-right: auto; width: 550pt;"/>
<div style="border-bottom-width: initial; border-bottom-style: none; font-family: 'Times New Roman'; font-weight: bold; font-size: 10pt; line-height: 10pt; text-align: left; letter-spacing: normal; text-transform: none; color: rgb(0, 0, 0); border-bottom-color: initial; padding-bottom: 0; margin-bottom: 4pt; margin-top: 0;">Average annual total returns</div>
<div style="margin-bottom: 3pt;">
<table style="text-align:start; break-inside: avoid; table-layout: auto; width: 100%; border-collapse: collapse;">
<tr style="break-after: avoid; border-bottom-style: solid; border-bottom-width: 0.5pt; break-inside: avoid-page; background-color: rgb(0, 95, 158); border-right-color: rgb(255, 255, 255); border-right-style: solid; border-right-width: 0.5pt; height: 16.9992pt; border-bottom-color: rgb(153, 153, 153);">
<td style="break-inside: avoid-page; padding: 0px 2pt; white-space: nowrap; font-family: "Times New Roman"; font-size: 10pt; line-height: 10pt; text-align: center; vertical-align: middle; color: rgb(0, 0, 0); border-right: initial initial; background-color: rgb(223, 229, 240);"><div style="display:inline;"></div></td>
<td style="break-inside: avoid-page; padding: 0px 5pt; width: 64pt; font-family: "Times New Roman"; font-size: 10pt; line-height: 10pt; text-align: center; vertical-align: middle; white-space: nowrap; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255); background-color: rgb(0, 95, 158);"><div style="font-weight:bolder;display:inline;">1 year</div></td>
<td style="break-inside: avoid-page; padding: 0px 5pt; width: 64pt; font-family: "Times New Roman"; font-size: 10pt; line-height: 10pt; text-align: center; vertical-align: middle; white-space: nowrap; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255); background-color: rgb(0, 95, 158);"><div style="font-weight:bolder;display:inline;">5 years</div></td>
<td style="break-inside: avoid-page; padding: 0px 5pt; width: 64pt; font-family: "Times New Roman"; font-size: 10pt; line-height: 10pt; text-align: center; vertical-align: middle; white-space: nowrap; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255); background-color: rgb(0, 95, 158);"><div style="font-weight:bolder;display:inline;">10 years</div></td>
</tr>
<tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: auto; border-bottom-color: rgb(153, 153, 153); background-color: rgb(255, 255, 255);">
<td style="break-inside: avoid-page; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; vertical-align: middle; padding-top: 3pt; padding-right: 0; padding-bottom: 3pt; padding-left: 2pt;">EUPAC Fund — Class <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">R-2</div><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"><div style=";display:inline;vertical-align: super;font-size:8.3px">*</div></div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">20.98<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">2.96<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">7.22<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
</tr>
<tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: auto; border-bottom-color: rgb(153, 153, 153); background-color: rgb(255, 255, 255);">
<td style="break-inside: avoid-page; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; vertical-align: middle; padding-top: 3pt; padding-right: 0; padding-bottom: 3pt; padding-left: 2pt;">MSCI ACWI (All Country World Index) ex <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">USA</div><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"><div style=";display:inline;vertical-align: super;font-size:8.3px">†</div></div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">24.91<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">7.02<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">8.38<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
</tr>
</table>
</div>
<div style="margin-top: 0; font-family: 'Arial'; font-weight: normal; font-size: 8pt; line-height: 10pt; color: rgb(0, 0, 0); margin-bottom: 0; margin-left: 5pt; text-indent: -5pt;"><div style=";display:inline;vertical-align: super;font-size:7.4px">*</div> Investment results assume all distributions are reinvested and reflect applicable fees and expenses. When applicable, results reflect fee waivers and/or expense reimbursements, without which they would have been lower.</div>
<div style="margin-top: 0; font-family: 'Arial'; font-weight: normal; font-size: 8pt; line-height: 10pt; color: rgb(0, 0, 0); margin-bottom: 0; margin-left: 5pt; text-indent: -5pt;"><div style=";display:inline;vertical-align: super;font-size:7.4px">†</div> Results assume all distributions are reinvested. Any market index shown is unmanaged, and therefore, has no expenses. Investors cannot invest directly in an index. Source(s): MSCI.</div>
EUPAC Fund — Class R-2
0.2098
0.0296
0.0722
MSCI ACWI (All Country World Index) ex USA
0.2491
0.0702
0.0838
The fund’s past performance is not a predictor of its future performance.
The line chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares.
<div style="text-transform: none; margin-bottom: 2.0016pt; font-family: 'Times New Roman'; font-weight: bold; font-size: 11pt; line-height: 11pt; letter-spacing: normal; color: rgb(0, 95, 158); margin-top: 10pt;">Key fund statistics</div>
<table style="text-align:start; width: 100%; border-collapse: collapse; break-inside: avoid;">
<tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; border-bottom-color: rgb(153, 153, 153); height: auto; border-top-color: rgb(153, 153, 153); border-top-style: solid; border-top-width: 0.5pt;">
<td style="break-inside: avoid-page; vertical-align: middle; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; width: 70%; font-weight: normal;">Fund net assets (in millions)</td>
<td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0);"><div style="float: none; letter-spacing: 0px; top: 0px;display:inline;">$</div>126,761</td>
</tr>
<tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; border-bottom-color: rgb(153, 153, 153); height: auto;">
<td style="break-inside: avoid-page; vertical-align: middle; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; width: 70%; font-weight: normal;">Total number of portfolio holdings</td>
<td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0);">387</td>
</tr>
<tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; border-bottom-color: rgb(153, 153, 153); height: auto;">
<td style="break-inside: avoid-page; vertical-align: middle; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; width: 70%; font-weight: normal;">Total advisory fees paid (in millions)</td>
<td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0);"><div style="float: none; letter-spacing: 0px; top: 0px;display:inline;">$</div>558</td>
</tr>
<tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; border-bottom-color: rgb(153, 153, 153); height: auto;">
<td style="break-inside: avoid-page; vertical-align: middle; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; width: 70%; font-weight: normal;">Portfolio turnover rate</td>
<td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0);">50<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
</tr>
</table>
126761000000
387
558000000
0.50
<div style="border-bottom-width: initial; border-bottom-style: none; font-family: 'Arial'; font-weight: normal; font-size: 10pt; line-height: 11pt; letter-spacing: normal; text-transform: none; text-align: left; color: rgb(0, 0, 0); margin-top: 10pt; margin-bottom: 2.0016pt; padding-bottom: 0; border-bottom-color: initial; padding-left: 27pt;"><div style="font-family: 'Times New Roman'; font-size: 11pt; line-height: 11pt; letter-spacing: normal; text-transform: none; text-align: left; color: rgb(0, 95, 158); margin-top: 10pt; margin-bottom: 3pt; padding-bottom: 0; border-bottom-color: initial; border-bottom-style: none; border-bottom-width: initial;font-weight:bolder;display:inline;">Portfolio holdings by sector </div>(percent of net assets)</div>
<div style="padding-right: 0; display: inline-block; padding-left: 25pt;"><img alt="Graphical Representation - Allocation 1 Chart" src="chartimages_1585062.jpg" style="float: right; width: 300pt;"/> </div>
<div style="font-family: 'Times New Roman'; font-weight: bold; font-size: 11pt; line-height: 12pt; letter-spacing: normal; text-transform: none; color: rgb(0, 95, 158); padding-top: 0; margin-top: 0; margin-bottom: 2.0016pt;">Material fund changes</div>
<div style="margin-top: 0; font-family: 'Arial'; font-weight: normal; font-size: 9pt; line-height: 11pt; color: rgb(0, 0, 0); padding-bottom: 9pt; margin-bottom: 0;">This is a summary of certain changes to the fund since <div style="letter-spacing: 0px; top: 0px;display:inline;">April 1, 2025</div>. For more complete information, you may review the fund’s next prospectus, which we expect to be available by June 1, 2026 at <div style="text-decoration-line: underline; font-family: "Times New Roman"; color: rgb(0, 95, 158); font-size: 10pt; line-height: 13pt; letter-spacing: -0.05pt; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;"><div style="display:inline;">capitalgroup.com/mutual-fund-literature-R2</div></div></div> or upon request at <div style="display:inline;"><div style="letter-spacing: 0px; top: 0px;display:inline;">(800) 421-4225</div>.</div></div>
<div style="margin-top: 0; font-family: 'Arial'; font-weight: normal; font-size: 9pt; line-height: 11pt; color: rgb(0, 0, 0); padding-bottom: 9pt; margin-bottom: 0;"><div style="letter-spacing: 0px; top: 0px;display:inline;">Effective June 1, 2025, the fund name is EUPAC Fund.</div> </div>
This is a summary of certain changes to the fund since <div style="letter-spacing: 0px; top: 0px;display:inline;">April 1, 2025</div>. For more complete information, you may review the fund’s next prospectus, which we expect to be available by June 1, 2026 at <div style="text-decoration-line: underline; font-family: "Times New Roman"; color: rgb(0, 95, 158); font-size: 10pt; line-height: 13pt; letter-spacing: -0.05pt; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;"><div style="display:inline;">capitalgroup.com/mutual-fund-literature-R2</div></div></div> or upon request at <div style="display:inline;"><div style="letter-spacing: 0px; top: 0px;display:inline;">(800) 421-4225</div>.</div>
2025-04-01
capitalgroup.com/mutual-fund-literature-R2
(800) 421-4225
Effective June 1, 2025, the fund name is EUPAC Fund.
EUPAC Fund™
Class R-2E
REEBX
This annual shareholder report contains important information about EUPAC Fund (the "fund") for the period from April 1, 2025 to March 31, 2026.
annual shareholder report
You can find additional information about the fund at <div style="text-decoration-line: underline; font-family: "Times New Roman"; color: rgb(0, 95, 158); font-size: 10pt; line-height: 13pt; letter-spacing: -0.05pt; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">capitalgroup.com/mutual-fund-literature-R2E</div></div>. You can also request this information by contacting us at <div style="display:inline;">(800) 421-4225</div><div style="display:inline;">.</div>
capitalgroup.com/mutual-fund-literature-R2E
(800) 421-4225
This report describes changes to the fund that occurred during the reporting period.
<div style="margin-bottom: 6pt;">
<div style="margin-top: 0; letter-spacing: normal; text-transform: none; font-family: 'Arial'; font-weight: normal; font-size: 10pt; line-height: 13pt; color: rgb(0, 0, 0); margin-bottom: 0;"><div style="font-family: 'Times New Roman'; font-size: 11pt; line-height: 13pt; color: rgb(0, 95, 158);font-weight:bolder;display:inline;width:100%;">What were the fund costs for the last year?</div> (based on a hypothetical $10,000 investment)</div>
</div>
<div style="margin-bottom: 4pt;">
<table style="text-align:start; break-inside: avoid; table-layout: auto; width: 100%; border-collapse: collapse; border-bottom-color: rgb(153, 153, 153); border-bottom-style: solid; border-bottom-width: 0.5pt; margin-bottom: 3pt;">
<tr style="break-after: avoid; border-bottom-style: none; border-bottom-width: initial; break-inside: avoid-page; background-color: rgb(0, 95, 158); border-right-color: rgb(255, 255, 255); border-right-style: solid; border-right-width: 0.5pt; height: 19.008pt; border-bottom-color: initial;">
<td style="break-inside: avoid-page; padding: 3pt 6pt; font-size: 10pt; line-height: 10pt; width: 126.9pt; font-family: "Times New Roman"; text-align: center; vertical-align: middle; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255);"><div style="font-weight:bolder;display:inline;">Share class</div></td>
<td style="break-inside: avoid-page; padding: 3pt 6pt; font-size: 10pt; line-height: 10pt; width: 171.072pt; font-family: "Times New Roman"; text-align: center; vertical-align: middle; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255);"><div style="font-weight:bolder;display:inline;">Costs of a $10,000 investment</div></td>
<td style="break-inside: avoid-page; padding: 3pt 0px; font-size: 10pt; line-height: 10pt; width: 267.948pt; font-family: "Times New Roman"; text-align: center; vertical-align: middle; color: rgb(255, 255, 255); border-right: initial initial;"><div style="font-weight:bolder;display:inline;">Costs paid as a percentage of a $10,000 investment</div></td>
</tr>
<tr style="border-bottom-width: initial; border-bottom-style: none; break-inside: avoid-page; height: 20pt; border-bottom-color: initial;">
<td style="break-inside: avoid-page; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; font-size: 10pt; line-height: 10pt; font-family: 'Arial'; text-align: center; width: 126.9pt; color: rgb(0, 0, 0); padding-right: 6pt; padding-left: 6pt; vertical-align: bottom;">Class R-2E</td>
<td style="break-inside: avoid-page; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; font-family: 'Arial'; font-size: 10pt; line-height: 10pt; text-align: center; width: 171.072pt; color: rgb(0, 0, 0); padding-right: 6pt; padding-left: 6pt; vertical-align: bottom;"><div style="float: none; letter-spacing: 0px; top: 0px;display:inline;">$</div>141</td>
<td style="break-inside: avoid-page; white-space: nowrap; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; font-size: 10pt; line-height: 10pt; font-family: 'Arial'; text-align: center; width: 267.948pt; color: rgb(0, 0, 0); padding-right: 0; padding-left: 0; vertical-align: bottom;">1.27<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
</tr>
</table>
</div>
141
0.0127
<div style="font-family: 'Times New Roman'; font-weight: bold; font-size: 11pt; line-height: 12pt; letter-spacing: normal; text-transform: none; color: rgb(0, 95, 158); padding-top: 0; margin-top: 0; margin-bottom: 2.0016pt;">Management's discussion of fund performance</div>
<div style="margin-top: 0; font-weight: normal; font-family: 'Arial'; font-size: 9pt; line-height: 11pt; letter-spacing: -0.04pt; color: rgb(0, 0, 0); margin-bottom: 4.0032pt;">The fund’s Class R-2E shares gained 21.34% for the year ended March 31, 2026. That result compares with a 24.91% gain for the MSCI ACWI (All Country World Index) ex USA. For information on returns for additional periods, including the fund lifetime, please refer to <div style="text-decoration-line: underline; font-family: "Times New Roman"; color: rgb(0, 95, 158); font-size: 9pt; line-height: 11pt; letter-spacing: -0.04pt;display:inline;"><div style="font-weight:bolder;display:inline;">capitalgroup.com/mutual-fund-returns-R2E</div></div>.</div>
<div style="margin-bottom: 2.0016pt; font-family: 'Times New Roman'; font-weight: bold; font-size: 10pt; line-height: 10pt; letter-spacing: normal; text-transform: none; color: rgb(0, 0, 0); padding-top: 0; margin-top: 6pt;">What factors influenced results</div>
<div style="margin-top: 0; font-weight: normal; font-family: 'Arial'; font-size: 9pt; line-height: 11pt; letter-spacing: -0.04pt; color: rgb(0, 0, 0); margin-bottom: 4.0032pt;">International equity markets delivered strong gains during the during the one-year period ended March 31, 2026, remaining resilient despite persistent trade tensions. However, momentum slowed late in the period as the Middle East conflict led to an energy crisis. Equities in the U.K. and Japan advanced but pulled back sharply in March. Chinese equities posted modest gains, while Indian stocks declined.</div>
<div style="margin-top: 0; font-weight: normal; font-family: 'Arial'; font-size: 9pt; line-height: 11pt; letter-spacing: -0.04pt; color: rgb(0, 0, 0); margin-bottom: 4.0032pt;">Within the fund, most sectors contributed to the portfolio, with information technology being the most additive. Returns from the financials, industrials and materials sectors were also positive. Conversely, holdings in the health care and consumer discretionary sectors saw negative results during the period. </div>
<div style="margin-top: 0; font-weight: normal; font-family: 'Arial'; font-size: 9pt; line-height: 11pt; letter-spacing: -0.04pt; color: rgb(0, 0, 0); margin-bottom: 4.0032pt;">Geographically, investments in companies based in Taiwan, Canada and South Korea contributed significantly to absolute returns. Shares of companies in Denmark, India and China posted negative overall returns. </div>
<img alt="Fund Performance - Growth of 10K" src="chartimages_1585276.jpg" style="display: block; margin-left: auto; margin-right: auto; width: 550pt;"/>
<div style="border-bottom-width: initial; border-bottom-style: none; font-family: 'Times New Roman'; font-weight: bold; font-size: 10pt; line-height: 10pt; text-align: left; letter-spacing: normal; text-transform: none; color: rgb(0, 0, 0); border-bottom-color: initial; padding-bottom: 0; margin-bottom: 4pt; margin-top: 0;">Average annual total returns</div>
<div style="margin-bottom: 3pt;">
<table style="text-align:start; break-inside: avoid; table-layout: auto; width: 100%; border-collapse: collapse;">
<tr style="break-after: avoid; border-bottom-style: solid; border-bottom-width: 0.5pt; break-inside: avoid-page; background-color: rgb(0, 95, 158); border-right-color: rgb(255, 255, 255); border-right-style: solid; border-right-width: 0.5pt; height: 16.9992pt; border-bottom-color: rgb(153, 153, 153);">
<td style="break-inside: avoid-page; padding: 0px 2pt; white-space: nowrap; font-family: "Times New Roman"; font-size: 10pt; line-height: 10pt; text-align: center; vertical-align: middle; color: rgb(0, 0, 0); border-right: initial initial; background-color: rgb(223, 229, 240);"><div style="display:inline;"></div></td>
<td style="break-inside: avoid-page; padding: 0px 5pt; width: 64pt; font-family: "Times New Roman"; font-size: 10pt; line-height: 10pt; text-align: center; vertical-align: middle; white-space: nowrap; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255); background-color: rgb(0, 95, 158);"><div style="font-weight:bolder;display:inline;">1 year</div></td>
<td style="break-inside: avoid-page; padding: 0px 5pt; width: 64pt; font-family: "Times New Roman"; font-size: 10pt; line-height: 10pt; text-align: center; vertical-align: middle; white-space: nowrap; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255); background-color: rgb(0, 95, 158);"><div style="font-weight:bolder;display:inline;">5 years</div></td>
<td style="break-inside: avoid-page; padding: 0px 5pt; width: 64pt; font-family: "Times New Roman"; font-size: 10pt; line-height: 10pt; text-align: center; vertical-align: middle; white-space: nowrap; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255); background-color: rgb(0, 95, 158);"><div style="font-weight:bolder;display:inline;">10 years</div></td>
</tr>
<tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: auto; border-bottom-color: rgb(153, 153, 153); background-color: rgb(255, 255, 255);">
<td style="break-inside: avoid-page; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; vertical-align: middle; padding-top: 3pt; padding-right: 0; padding-bottom: 3pt; padding-left: 2pt;">EUPAC Fund — Class <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">R-2E</div><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"><div style=";display:inline;vertical-align: super;font-size:8.3px">*</div></div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">21.34<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">3.24<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">7.53<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
</tr>
<tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: auto; border-bottom-color: rgb(153, 153, 153); background-color: rgb(255, 255, 255);">
<td style="break-inside: avoid-page; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; vertical-align: middle; padding-top: 3pt; padding-right: 0; padding-bottom: 3pt; padding-left: 2pt;">MSCI ACWI (All Country World Index) ex <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">USA</div><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"><div style=";display:inline;vertical-align: super;font-size:8.3px">†</div></div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">24.91<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">7.02<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">8.38<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
</tr>
</table>
</div>
<div style="margin-top: 0; font-family: 'Arial'; font-weight: normal; font-size: 8pt; line-height: 10pt; color: rgb(0, 0, 0); margin-bottom: 0; margin-left: 5pt; text-indent: -5pt;"><div style=";display:inline;vertical-align: super;font-size:7.4px">*</div> Investment results assume all distributions are reinvested and reflect applicable fees and expenses. When applicable, results reflect fee waivers and/or expense reimbursements, without which they would have been lower.</div>
<div style="margin-top: 0; font-family: 'Arial'; font-weight: normal; font-size: 8pt; line-height: 10pt; color: rgb(0, 0, 0); margin-bottom: 0; margin-left: 5pt; text-indent: -5pt;"><div style=";display:inline;vertical-align: super;font-size:7.4px">†</div> Results assume all distributions are reinvested. Any market index shown is unmanaged, and therefore, has no expenses. Investors cannot invest directly in an index. Source(s): MSCI.</div>
EUPAC Fund — Class R-2E
0.2134
0.0324
0.0753
MSCI ACWI (All Country World Index) ex USA
0.2491
0.0702
0.0838
The fund’s past performance is not a predictor of its future performance.
The line chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares.
<div style="text-transform: none; margin-bottom: 2.0016pt; font-family: 'Times New Roman'; font-weight: bold; font-size: 11pt; line-height: 11pt; letter-spacing: normal; color: rgb(0, 95, 158); margin-top: 10pt;">Key fund statistics</div>
<table style="text-align:start; width: 100%; border-collapse: collapse; break-inside: avoid;">
<tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; border-bottom-color: rgb(153, 153, 153); height: auto; border-top-color: rgb(153, 153, 153); border-top-style: solid; border-top-width: 0.5pt;">
<td style="break-inside: avoid-page; vertical-align: middle; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; width: 70%; font-weight: normal;">Fund net assets (in millions)</td>
<td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0);"><div style="float: none; letter-spacing: 0px; top: 0px;display:inline;">$</div>126,761</td>
</tr>
<tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; border-bottom-color: rgb(153, 153, 153); height: auto;">
<td style="break-inside: avoid-page; vertical-align: middle; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; width: 70%; font-weight: normal;">Total number of portfolio holdings</td>
<td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0);">387</td>
</tr>
<tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; border-bottom-color: rgb(153, 153, 153); height: auto;">
<td style="break-inside: avoid-page; vertical-align: middle; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; width: 70%; font-weight: normal;">Total advisory fees paid (in millions)</td>
<td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0);"><div style="float: none; letter-spacing: 0px; top: 0px;display:inline;">$</div>558</td>
</tr>
<tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; border-bottom-color: rgb(153, 153, 153); height: auto;">
<td style="break-inside: avoid-page; vertical-align: middle; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; width: 70%; font-weight: normal;">Portfolio turnover rate</td>
<td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0);">50<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
</tr>
</table>
126761000000
387
558000000
0.50
<div style="border-bottom-width: initial; border-bottom-style: none; font-family: 'Arial'; font-weight: normal; font-size: 10pt; line-height: 11pt; letter-spacing: normal; text-transform: none; text-align: left; color: rgb(0, 0, 0); margin-top: 10pt; margin-bottom: 2.0016pt; padding-bottom: 0; border-bottom-color: initial; padding-left: 27pt;"><div style="font-family: 'Times New Roman'; font-size: 11pt; line-height: 11pt; letter-spacing: normal; text-transform: none; text-align: left; color: rgb(0, 95, 158); margin-top: 10pt; margin-bottom: 3pt; padding-bottom: 0; border-bottom-color: initial; border-bottom-style: none; border-bottom-width: initial;font-weight:bolder;display:inline;">Portfolio holdings by sector </div>(percent of net assets)</div>
<div style="padding-right: 0; display: inline-block; padding-left: 25pt;"><img alt="Graphical Representation - Allocation 1 Chart" src="chartimages_1585282.jpg" style="float: right; width: 300pt;"/> </div>
<div style="font-family: 'Times New Roman'; font-weight: bold; font-size: 11pt; line-height: 12pt; letter-spacing: normal; text-transform: none; color: rgb(0, 95, 158); padding-top: 0; margin-top: 0; margin-bottom: 2.0016pt;">Material fund changes</div>
<div style="margin-top: 0; font-family: 'Arial'; font-weight: normal; font-size: 9pt; line-height: 11pt; color: rgb(0, 0, 0); padding-bottom: 9pt; margin-bottom: 0;">This is a summary of certain changes to the fund since April 1, 2025. For more complete information, you may review the fund’s next prospectus, which we expect to be available by June 1, 2026 at <div style="text-decoration-line: underline; font-family: "Times New Roman"; color: rgb(0, 95, 158); font-size: 10pt; line-height: 13pt; letter-spacing: -0.05pt; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">capitalgroup.com/mutual-fund-literature-R2E</div></div> or upon request at <div style="display:inline;">(800) 421-4225</div><div style="display:inline;">.</div></div>Effective June 1, 2025, the fund name is EUPAC Fund.
This is a summary of certain changes to the fund since April 1, 2025. For more complete information, you may review the fund’s next prospectus, which we expect to be available by June 1, 2026 at <div style="text-decoration-line: underline; font-family: "Times New Roman"; color: rgb(0, 95, 158); font-size: 10pt; line-height: 13pt; letter-spacing: -0.05pt; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">capitalgroup.com/mutual-fund-literature-R2E</div></div> or upon request at <div style="display:inline;">(800) 421-4225</div><div style="display:inline;">.</div>
2025-04-01
capitalgroup.com/mutual-fund-literature-R2E
(800) 421-4225
Effective June 1, 2025, the fund name is EUPAC Fund.
EUPAC Fund™
Class R-3
RERCX
This annual shareholder report contains important information about EUPAC Fund (the "fund") for the period from April 1, 2025 to March 31, 2026.
annual shareholder report
You can find additional information about the fund at <div style="text-decoration-line: underline; font-family: "Times New Roman"; color: rgb(0, 95, 158); font-size: 10pt; line-height: 13pt; letter-spacing: -0.05pt; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">capitalgroup.com/mutual-fund-literature-R3</div></div>. You can also request this information by contacting us at <div style="display:inline;">(800) 421-4225</div><div style="display:inline;">.</div>
capitalgroup.com/mutual-fund-literature-R3
(800) 421-4225
This report describes changes to the fund that occurred during the reporting period.
<div style="margin-bottom: 6pt;">
<div style="margin-top: 0; letter-spacing: normal; text-transform: none; font-family: 'Arial'; font-weight: normal; font-size: 10pt; line-height: 13pt; color: rgb(0, 0, 0); margin-bottom: 0;"><div style="font-family: 'Times New Roman'; font-size: 11pt; line-height: 13pt; color: rgb(0, 95, 158);font-weight:bolder;display:inline;width:100%;">What were the fund costs for the last year?</div> (based on a hypothetical $10,000 investment)</div>
</div>
<div style="margin-bottom: 4pt;">
<table style="text-align:start; break-inside: avoid; table-layout: auto; width: 100%; border-collapse: collapse; border-bottom-color: rgb(153, 153, 153); border-bottom-style: solid; border-bottom-width: 0.5pt; margin-bottom: 3pt;">
<tr style="break-after: avoid; border-bottom-style: none; border-bottom-width: initial; break-inside: avoid-page; background-color: rgb(0, 95, 158); border-right-color: rgb(255, 255, 255); border-right-style: solid; border-right-width: 0.5pt; height: 19.008pt; border-bottom-color: initial;">
<td style="break-inside: avoid-page; padding: 3pt 6pt; font-size: 10pt; line-height: 10pt; width: 126.9pt; font-family: "Times New Roman"; text-align: center; vertical-align: middle; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255);"><div style="font-weight:bolder;display:inline;">Share class</div></td>
<td style="break-inside: avoid-page; padding: 3pt 6pt; font-size: 10pt; line-height: 10pt; width: 171.072pt; font-family: "Times New Roman"; text-align: center; vertical-align: middle; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255);"><div style="font-weight:bolder;display:inline;">Costs of a $10,000 investment</div></td>
<td style="break-inside: avoid-page; padding: 3pt 0px; font-size: 10pt; line-height: 10pt; width: 267.948pt; font-family: "Times New Roman"; text-align: center; vertical-align: middle; color: rgb(255, 255, 255); border-right: initial initial;"><div style="font-weight:bolder;display:inline;">Costs paid as a percentage of a $10,000 investment</div></td>
</tr>
<tr style="border-bottom-width: initial; border-bottom-style: none; break-inside: avoid-page; height: 20pt; border-bottom-color: initial;">
<td style="break-inside: avoid-page; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; font-size: 10pt; line-height: 10pt; font-family: 'Arial'; text-align: center; width: 126.9pt; color: rgb(0, 0, 0); padding-right: 6pt; padding-left: 6pt; vertical-align: bottom;">Class R-3</td>
<td style="break-inside: avoid-page; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; font-family: 'Arial'; font-size: 10pt; line-height: 10pt; text-align: center; width: 171.072pt; color: rgb(0, 0, 0); padding-right: 6pt; padding-left: 6pt; vertical-align: bottom;"><div style="float: none; letter-spacing: 0px; top: 0px;display:inline;">$</div>124</td>
<td style="break-inside: avoid-page; white-space: nowrap; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; font-size: 10pt; line-height: 10pt; font-family: 'Arial'; text-align: center; width: 267.948pt; color: rgb(0, 0, 0); padding-right: 0; padding-left: 0; vertical-align: bottom;">1.12<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
</tr>
</table>
</div>
124
0.0112
<div style="font-family: 'Times New Roman'; font-weight: bold; font-size: 11pt; line-height: 12pt; letter-spacing: normal; text-transform: none; color: rgb(0, 95, 158); padding-top: 0; margin-top: 0; margin-bottom: 2.0016pt;">Management's discussion of fund performance</div>
<div style="margin-top: 0; font-weight: normal; font-family: 'Arial'; font-size: 9pt; line-height: 11pt; letter-spacing: -0.04pt; color: rgb(0, 0, 0); margin-bottom: 4.0032pt;">The fund’s Class R-3 shares gained 21.53% for the year ended March 31, 2026. That result compares with a 24.91% gain for the MSCI ACWI (All Country World Index) ex USA. For information on returns for additional periods, including the fund lifetime, please refer to <div style="text-decoration-line: underline; font-family: "Times New Roman"; color: rgb(0, 95, 158); font-size: 9pt; line-height: 11pt; letter-spacing: -0.04pt;display:inline;"><div style="font-weight:bolder;display:inline;">capitalgroup.com/mutual-fund-returns-R3</div></div>.</div>
<div style="margin-bottom: 2.0016pt; font-family: 'Times New Roman'; font-weight: bold; font-size: 10pt; line-height: 10pt; letter-spacing: normal; text-transform: none; color: rgb(0, 0, 0); padding-top: 0; margin-top: 6pt;">What factors influenced results</div>
<div style="margin-top: 0; font-weight: normal; font-family: 'Arial'; font-size: 9pt; line-height: 11pt; letter-spacing: -0.04pt; color: rgb(0, 0, 0); margin-bottom: 4.0032pt;">International equity markets delivered strong gains during the during the one-year period ended March 31, 2026, remaining resilient despite persistent trade tensions. However, momentum slowed late in the period as the Middle East conflict led to an energy crisis. Equities in the U.K. and Japan advanced but pulled back sharply in March. Chinese equities posted modest gains, while Indian stocks declined.</div>
<div style="margin-top: 0; font-weight: normal; font-family: 'Arial'; font-size: 9pt; line-height: 11pt; letter-spacing: -0.04pt; color: rgb(0, 0, 0); margin-bottom: 4.0032pt;">Within the fund, most sectors contributed to the portfolio, with information technology being the most additive. Returns from the financials, industrials and materials sectors were also positive. Conversely, holdings in the health care and consumer discretionary sectors saw negative results during the period. </div>
<div style="margin-top: 0; font-weight: normal; font-family: 'Arial'; font-size: 9pt; line-height: 11pt; letter-spacing: -0.04pt; color: rgb(0, 0, 0); margin-bottom: 4.0032pt;">Geographically, investments in companies based in Taiwan, Canada and South Korea contributed significantly to absolute returns. Shares of companies in Denmark, India and China posted negative overall returns. </div>
<img alt="Fund Performance - Growth of 10K" src="chartimages_1585100.jpg" style="display: block; margin-left: auto; margin-right: auto; width: 550pt;"/>
<div style="border-bottom-width: initial; border-bottom-style: none; font-family: 'Times New Roman'; font-weight: bold; font-size: 10pt; line-height: 10pt; text-align: left; letter-spacing: normal; text-transform: none; color: rgb(0, 0, 0); border-bottom-color: initial; padding-bottom: 0; margin-bottom: 4pt; margin-top: 0;">Average annual total returns</div>
<div style="margin-bottom: 3pt;">
<table style="text-align:start; break-inside: avoid; table-layout: auto; width: 100%; border-collapse: collapse;">
<tr style="break-after: avoid; border-bottom-style: solid; border-bottom-width: 0.5pt; break-inside: avoid-page; background-color: rgb(0, 95, 158); border-right-color: rgb(255, 255, 255); border-right-style: solid; border-right-width: 0.5pt; height: 16.9992pt; border-bottom-color: rgb(153, 153, 153);">
<td style="break-inside: avoid-page; padding: 0px 2pt; white-space: nowrap; font-family: "Times New Roman"; font-size: 10pt; line-height: 10pt; text-align: center; vertical-align: middle; color: rgb(0, 0, 0); border-right: initial initial; background-color: rgb(223, 229, 240);"><div style="display:inline;"></div></td>
<td style="break-inside: avoid-page; padding: 0px 5pt; width: 64pt; font-family: "Times New Roman"; font-size: 10pt; line-height: 10pt; text-align: center; vertical-align: middle; white-space: nowrap; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255); background-color: rgb(0, 95, 158);"><div style="font-weight:bolder;display:inline;">1 year</div></td>
<td style="break-inside: avoid-page; padding: 0px 5pt; width: 64pt; font-family: "Times New Roman"; font-size: 10pt; line-height: 10pt; text-align: center; vertical-align: middle; white-space: nowrap; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255); background-color: rgb(0, 95, 158);"><div style="font-weight:bolder;display:inline;">5 years</div></td>
<td style="break-inside: avoid-page; padding: 0px 5pt; width: 64pt; font-family: "Times New Roman"; font-size: 10pt; line-height: 10pt; text-align: center; vertical-align: middle; white-space: nowrap; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255); background-color: rgb(0, 95, 158);"><div style="font-weight:bolder;display:inline;">10 years</div></td>
</tr>
<tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: auto; border-bottom-color: rgb(153, 153, 153); background-color: rgb(255, 255, 255);">
<td style="break-inside: avoid-page; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; vertical-align: middle; padding-top: 3pt; padding-right: 0; padding-bottom: 3pt; padding-left: 2pt;">EUPAC Fund — Class <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">R-3</div><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"><div style=";display:inline;vertical-align: super;font-size:8.3px">*</div></div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">21.53<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">3.41<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">7.70<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
</tr>
<tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: auto; border-bottom-color: rgb(153, 153, 153); background-color: rgb(255, 255, 255);">
<td style="break-inside: avoid-page; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; vertical-align: middle; padding-top: 3pt; padding-right: 0; padding-bottom: 3pt; padding-left: 2pt;">MSCI ACWI (All Country World Index) ex <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">USA</div><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"><div style=";display:inline;vertical-align: super;font-size:8.3px">†</div></div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">24.91<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">7.02<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">8.38<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
</tr>
</table>
</div>
<div style="margin-top: 0; font-family: 'Arial'; font-weight: normal; font-size: 8pt; line-height: 10pt; color: rgb(0, 0, 0); margin-bottom: 0; margin-left: 5pt; text-indent: -5pt;"><div style=";display:inline;vertical-align: super;font-size:7.4px">*</div> Investment results assume all distributions are reinvested and reflect applicable fees and expenses. When applicable, results reflect fee waivers and/or expense reimbursements, without which they would have been lower.</div>
<div style="margin-top: 0; font-family: 'Arial'; font-weight: normal; font-size: 8pt; line-height: 10pt; color: rgb(0, 0, 0); margin-bottom: 0; margin-left: 5pt; text-indent: -5pt;"><div style=";display:inline;vertical-align: super;font-size:7.4px">†</div> Results assume all distributions are reinvested. Any market index shown is unmanaged, and therefore, has no expenses. Investors cannot invest directly in an index. Source(s): MSCI.</div>
EUPAC Fund — Class R-3
0.2153
0.0341
0.077
MSCI ACWI (All Country World Index) ex USA
0.2491
0.0702
0.0838
The fund’s past performance is not a predictor of its future performance.
The line chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares.
<div style="text-transform: none; margin-bottom: 2.0016pt; font-family: 'Times New Roman'; font-weight: bold; font-size: 11pt; line-height: 11pt; letter-spacing: normal; color: rgb(0, 95, 158); margin-top: 10pt;">Key fund statistics</div>
<table style="text-align:start; width: 100%; border-collapse: collapse; break-inside: avoid;">
<tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; border-bottom-color: rgb(153, 153, 153); height: auto; border-top-color: rgb(153, 153, 153); border-top-style: solid; border-top-width: 0.5pt;">
<td style="break-inside: avoid-page; vertical-align: middle; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; width: 70%; font-weight: normal;">Fund net assets (in millions)</td>
<td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0);"><div style="float: none; letter-spacing: 0px; top: 0px;display:inline;">$</div>126,761</td>
</tr>
<tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; border-bottom-color: rgb(153, 153, 153); height: auto;">
<td style="break-inside: avoid-page; vertical-align: middle; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; width: 70%; font-weight: normal;">Total number of portfolio holdings</td>
<td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0);">387</td>
</tr>
<tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; border-bottom-color: rgb(153, 153, 153); height: auto;">
<td style="break-inside: avoid-page; vertical-align: middle; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; width: 70%; font-weight: normal;">Total advisory fees paid (in millions)</td>
<td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0);"><div style="float: none; letter-spacing: 0px; top: 0px;display:inline;">$</div>558</td>
</tr>
<tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; border-bottom-color: rgb(153, 153, 153); height: auto;">
<td style="break-inside: avoid-page; vertical-align: middle; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; width: 70%; font-weight: normal;">Portfolio turnover rate</td>
<td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0);">50<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
</tr>
</table>
126761000000
387
558000000
0.50
<div style="border-bottom-width: initial; border-bottom-style: none; font-family: 'Arial'; font-weight: normal; font-size: 10pt; line-height: 11pt; letter-spacing: normal; text-transform: none; text-align: left; color: rgb(0, 0, 0); margin-top: 10pt; margin-bottom: 2.0016pt; padding-bottom: 0; border-bottom-color: initial; padding-left: 27pt;"><div style="font-family: 'Times New Roman'; font-size: 11pt; line-height: 11pt; letter-spacing: normal; text-transform: none; text-align: left; color: rgb(0, 95, 158); margin-top: 10pt; margin-bottom: 3pt; padding-bottom: 0; border-bottom-color: initial; border-bottom-style: none; border-bottom-width: initial;font-weight:bolder;display:inline;">Portfolio holdings by sector </div>(percent of net assets)</div>
<div style="padding-right: 0; display: inline-block; padding-left: 25pt;"><img alt="Graphical Representation - Allocation 1 Chart" src="chartimages_1585106.jpg" style="float: right; width: 300pt;"/> </div>
<div style="font-family: 'Times New Roman'; font-weight: bold; font-size: 11pt; line-height: 12pt; letter-spacing: normal; text-transform: none; color: rgb(0, 95, 158); padding-top: 0; margin-top: 0; margin-bottom: 2.0016pt;">Material fund changes</div>
<div style="margin-top: 0; font-family: 'Arial'; font-weight: normal; font-size: 9pt; line-height: 11pt; color: rgb(0, 0, 0); padding-bottom: 9pt; margin-bottom: 0;">This is a summary of certain changes to the fund since April 1, 2025. For more complete information, you may review the fund’s next prospectus, which we expect to be available by June 1, 2026 at <div style="text-decoration-line: underline; font-family: "Times New Roman"; color: rgb(0, 95, 158); font-size: 10pt; line-height: 13pt; letter-spacing: -0.05pt; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">capitalgroup.com/mutual-fund-literature-R3</div></div> or upon request at <div style="display:inline;">(800) 421-4225</div><div style="display:inline;">.</div></div>
<div style="margin-top: 0; font-family: 'Arial'; font-weight: normal; font-size: 9pt; line-height: 11pt; color: rgb(0, 0, 0); padding-bottom: 9pt; margin-bottom: 0;">Effective June 1, 2025, the fund name is EUPAC Fund. </div>
This is a summary of certain changes to the fund since April 1, 2025. For more complete information, you may review the fund’s next prospectus, which we expect to be available by June 1, 2026 at <div style="text-decoration-line: underline; font-family: "Times New Roman"; color: rgb(0, 95, 158); font-size: 10pt; line-height: 13pt; letter-spacing: -0.05pt; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">capitalgroup.com/mutual-fund-literature-R3</div></div> or upon request at <div style="display:inline;">(800) 421-4225</div><div style="display:inline;">.</div>
2025-04-01
capitalgroup.com/mutual-fund-literature-R3
(800) 421-4225
Effective June 1, 2025, the fund name is EUPAC Fund.
EUPAC Fund™
Class R-4
REREX
This annual shareholder report contains important information about EUPAC Fund (the "fund") for the period from April 1, 2025 to March 31, 2026.
annual shareholder report
You can find additional information about the fund at <div style="text-decoration-line: underline; font-family: "Times New Roman"; color: rgb(0, 95, 158); font-size: 10pt; line-height: 13pt; letter-spacing: -0.05pt; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">capitalgroup.com/mutual-fund-literature-R4</div></div>. You can also request this information by contacting us at <div style="display:inline;">(800) 421-4225</div><div style="display:inline;">.</div>
capitalgroup.com/mutual-fund-literature-R4
(800) 421-4225
This report describes changes to the fund that occurred during the reporting period.
<div style="margin-bottom: 6pt;"><div style="margin-top: 0; letter-spacing: normal; text-transform: none; font-family: 'Arial'; font-weight: normal; font-size: 10pt; line-height: 13pt; color: rgb(0, 0, 0); margin-bottom: 0;"><div style="font-family: 'Times New Roman'; font-size: 11pt; line-height: 13pt; color: rgb(0, 95, 158);font-weight:bolder;display:inline;width:100%;">What were the fund costs for the last year?</div> (based on a hypothetical $10,000 investment)</div></div> <div style="margin-bottom: 4pt;"><table style="text-align:start; break-inside: avoid; table-layout: auto; width: 100%; border-collapse: collapse; border-bottom-color: rgb(153, 153, 153); border-bottom-style: solid; border-bottom-width: 0.5pt; margin-bottom: 3pt;"><tr style="break-after: avoid; border-bottom-style: none; border-bottom-width: initial; break-inside: avoid-page; background-color: rgb(0, 95, 158); border-right-color: rgb(255, 255, 255); border-right-style: solid; border-right-width: 0.5pt; height: 19.008pt; border-bottom-color: initial;"><td style="break-inside: avoid-page; padding: 3pt 6pt; font-size: 10pt; line-height: 10pt; width: 126.9pt; font-family: "Times New Roman"; text-align: center; vertical-align: middle; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255);"><div style="font-weight:bolder;display:inline;">Share class</div></td><td style="break-inside: avoid-page; padding: 3pt 6pt; font-size: 10pt; line-height: 10pt; width: 171.072pt; font-family: "Times New Roman"; text-align: center; vertical-align: middle; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255);"><div style="font-weight:bolder;display:inline;">Costs of a $10,000 investment</div></td><td style="break-inside: avoid-page; padding: 3pt 0px; font-size: 10pt; line-height: 10pt; width: 267.948pt; font-family: "Times New Roman"; text-align: center; vertical-align: middle; color: rgb(255, 255, 255); border-right: initial initial;"><div style="font-weight:bolder;display:inline;">Costs paid as a percentage of a $10,000 investment</div></td></tr><tr style="border-bottom-width: initial; border-bottom-style: none; break-inside: avoid-page; height: 20pt; border-bottom-color: initial;"><td style="break-inside: avoid-page; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; font-size: 10pt; line-height: 10pt; font-family: 'Arial'; text-align: center; width: 126.9pt; color: rgb(0, 0, 0); padding-right: 6pt; padding-left: 6pt; vertical-align: bottom;">Class R-4</td><td style="break-inside: avoid-page; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; font-family: 'Arial'; font-size: 10pt; line-height: 10pt; text-align: center; width: 171.072pt; color: rgb(0, 0, 0); padding-right: 6pt; padding-left: 6pt; vertical-align: bottom;"><div style="float: none; letter-spacing: 0px; top: 0px;display:inline;">$</div>91</td><td style="break-inside: avoid-page; white-space: nowrap; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; font-size: 10pt; line-height: 10pt; font-family: 'Arial'; text-align: center; width: 267.948pt; color: rgb(0, 0, 0); padding-right: 0; padding-left: 0; vertical-align: bottom;">0.82<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td></tr></table></div>
91
0.0082
<div style="font-family: 'Times New Roman'; font-weight: bold; font-size: 11pt; line-height: 12pt; letter-spacing: normal; text-transform: none; color: rgb(0, 95, 158); padding-top: 0; margin-top: 0; margin-bottom: 2.0016pt;">Management's discussion of fund performance</div> <div style="margin-top: 0; font-weight: normal; font-family: 'Arial'; font-size: 9pt; line-height: 11pt; letter-spacing: -0.04pt; color: rgb(0, 0, 0); margin-bottom: 4.0032pt;">The fund’s Class R-4 shares gained 21.88% for the year ended March 31, 2026. That result compares with a 24.91% gain for the MSCI ACWI (All Country World Index) ex USA. For information on returns for additional periods, including the fund lifetime, please refer to <div style="text-decoration-line: underline; font-family: "Times New Roman"; color: rgb(0, 95, 158); font-size: 9pt; line-height: 11pt; letter-spacing: -0.04pt;display:inline;"><div style="font-weight:bolder;display:inline;">capitalgroup.com/mutual-fund-returns-R4</div></div>.</div> <div style="margin-bottom: 2.0016pt; font-family: 'Times New Roman'; font-weight: bold; font-size: 10pt; line-height: 10pt; letter-spacing: normal; text-transform: none; color: rgb(0, 0, 0); padding-top: 0; margin-top: 6pt;">What factors influenced results</div> <div style="margin-top: 0; font-weight: normal; font-family: 'Arial'; font-size: 9pt; line-height: 11pt; letter-spacing: -0.04pt; color: rgb(0, 0, 0); margin-bottom: 4.0032pt;">International equity markets delivered strong gains during the during the one-year period ended March 31, 2026, remaining resilient despite persistent trade tensions. However, momentum slowed late in the period as the Middle East conflict led to an energy crisis. Equities in the U.K. and Japan advanced but pulled back sharply in March. Chinese equities posted modest gains, while Indian stocks declined.</div> <div style="margin-top: 0; font-weight: normal; font-family: 'Arial'; font-size: 9pt; line-height: 11pt; letter-spacing: -0.04pt; color: rgb(0, 0, 0); margin-bottom: 4.0032pt;">Within the fund, most sectors contributed to the portfolio, with information technology being the most additive. Returns from the financials, industrials and materials sectors were also positive. Conversely, holdings in the health care and consumer discretionary sectors saw negative results during the period. </div> <div style="margin-top: 0; font-weight: normal; font-family: 'Arial'; font-size: 9pt; line-height: 11pt; letter-spacing: -0.04pt; color: rgb(0, 0, 0); margin-bottom: 4.0032pt;">Geographically, investments in companies based in Taiwan, Canada and South Korea contributed significantly to absolute returns. Shares of companies in Denmark, India and China posted negative overall returns. </div>
<img alt="Fund Performance - Growth of 10K" src="chartimages_1585144.jpg" style="display: block; margin-left: auto; margin-right: auto; width: 550pt;"/>
<div style="border-bottom-width: initial; border-bottom-style: none; font-family: 'Times New Roman'; font-weight: bold; font-size: 10pt; line-height: 10pt; text-align: left; letter-spacing: normal; text-transform: none; color: rgb(0, 0, 0); border-bottom-color: initial; padding-bottom: 0; margin-bottom: 4pt; margin-top: 0;">Average annual total returns</div> <div style="margin-bottom: 3pt;"><table style="text-align:start; break-inside: avoid; table-layout: auto; width: 100%; border-collapse: collapse;"><tr style="break-after: avoid; border-bottom-style: solid; border-bottom-width: 0.5pt; break-inside: avoid-page; background-color: rgb(0, 95, 158); border-right-color: rgb(255, 255, 255); border-right-style: solid; border-right-width: 0.5pt; height: 16.9992pt; border-bottom-color: rgb(153, 153, 153);"><td style="break-inside: avoid-page; padding: 0px 2pt; white-space: nowrap; font-family: "Times New Roman"; font-size: 10pt; line-height: 10pt; text-align: center; vertical-align: middle; color: rgb(0, 0, 0); border-right: initial initial; background-color: rgb(223, 229, 240);"><div style="display:inline;"></div></td><td style="break-inside: avoid-page; padding: 0px 5pt; width: 64pt; font-family: "Times New Roman"; font-size: 10pt; line-height: 10pt; text-align: center; vertical-align: middle; white-space: nowrap; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255); background-color: rgb(0, 95, 158);"><div style="font-weight:bolder;display:inline;">1 year</div></td><td style="break-inside: avoid-page; padding: 0px 5pt; width: 64pt; font-family: "Times New Roman"; font-size: 10pt; line-height: 10pt; text-align: center; vertical-align: middle; white-space: nowrap; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255); background-color: rgb(0, 95, 158);"><div style="font-weight:bolder;display:inline;">5 years</div></td><td style="break-inside: avoid-page; padding: 0px 5pt; width: 64pt; font-family: "Times New Roman"; font-size: 10pt; line-height: 10pt; text-align: center; vertical-align: middle; white-space: nowrap; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255); background-color: rgb(0, 95, 158);"><div style="font-weight:bolder;display:inline;">10 years</div></td></tr><tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: auto; border-bottom-color: rgb(153, 153, 153); background-color: rgb(255, 255, 255);"><td style="break-inside: avoid-page; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; vertical-align: middle; padding-top: 3pt; padding-right: 0; padding-bottom: 3pt; padding-left: 2pt;">EUPAC Fund — Class <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">R-4</div><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"><div style=";display:inline;vertical-align: super;font-size:8.3px">*</div></div></td><td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">21.88<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td><td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">3.72<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td><td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">8.02<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td></tr><tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: auto; border-bottom-color: rgb(153, 153, 153); background-color: rgb(255, 255, 255);"><td style="break-inside: avoid-page; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; vertical-align: middle; padding-top: 3pt; padding-right: 0; padding-bottom: 3pt; padding-left: 2pt;">MSCI ACWI (All Country World Index) ex <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">USA</div><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"><div style=";display:inline;vertical-align: super;font-size:8.3px">†</div></div></td><td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">24.91<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td><td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">7.02<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td><td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">8.38<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td></tr></table></div><div style="margin-top: 0; font-family: 'Arial'; font-weight: normal; font-size: 8pt; line-height: 10pt; color: rgb(0, 0, 0); margin-bottom: 0; margin-left: 5pt; text-indent: -5pt;"><div style=";display:inline;vertical-align: super;font-size:7.4px">*</div> Investment results assume all distributions are reinvested and reflect applicable fees and expenses. When applicable, results reflect fee waivers and/or expense reimbursements, without which they would have been lower.</div><div style="margin-top: 0; font-family: 'Arial'; font-weight: normal; font-size: 8pt; line-height: 10pt; color: rgb(0, 0, 0); margin-bottom: 0; margin-left: 5pt; text-indent: -5pt;"><div style=";display:inline;vertical-align: super;font-size:7.4px">†</div> Results assume all distributions are reinvested. Any market index shown is unmanaged, and therefore, has no expenses. Investors cannot invest directly in an index. Source(s): MSCI.</div>
EUPAC Fund — Class R-4
0.2188
0.0372
0.0802
MSCI ACWI (All Country World Index) ex USA
0.2491
0.0702
0.0838
The fund’s past performance is not a predictor of its future performance.
The line chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares.
<div style="text-transform: none; margin-bottom: 2.0016pt; font-family: 'Times New Roman'; font-weight: bold; font-size: 11pt; line-height: 11pt; letter-spacing: normal; color: rgb(0, 95, 158); margin-top: 10pt;">Key fund statistics</div> <table style="text-align:start; width: 100%; border-collapse: collapse; break-inside: avoid;"><tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; border-bottom-color: rgb(153, 153, 153); height: auto; border-top-color: rgb(153, 153, 153); border-top-style: solid; border-top-width: 0.5pt;"><td style="break-inside: avoid-page; vertical-align: middle; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; width: 70%; font-weight: normal;">Fund net assets (in millions)</td><td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0);"><div style="float: none; letter-spacing: 0px; top: 0px;display:inline;">$</div>126,761</td></tr><tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; border-bottom-color: rgb(153, 153, 153); height: auto;"><td style="break-inside: avoid-page; vertical-align: middle; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; width: 70%; font-weight: normal;">Total number of portfolio holdings</td><td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0);">387</td></tr><tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; border-bottom-color: rgb(153, 153, 153); height: auto;"><td style="break-inside: avoid-page; vertical-align: middle; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; width: 70%; font-weight: normal;">Total advisory fees paid (in millions)</td><td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0);"><div style="float: none; letter-spacing: 0px; top: 0px;display:inline;">$</div>558</td></tr><tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; border-bottom-color: rgb(153, 153, 153); height: auto;"><td style="break-inside: avoid-page; vertical-align: middle; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; width: 70%; font-weight: normal;">Portfolio turnover rate</td><td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0);">50<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td></tr></table>
126761000000
387
558000000
0.50
<div style="border-bottom-width: initial; border-bottom-style: none; font-family: 'Arial'; font-weight: normal; font-size: 10pt; line-height: 11pt; letter-spacing: normal; text-transform: none; text-align: left; color: rgb(0, 0, 0); margin-top: 10pt; margin-bottom: 2.0016pt; padding-bottom: 0; border-bottom-color: initial; padding-left: 27pt;"><div style="font-family: 'Times New Roman'; font-size: 11pt; line-height: 11pt; letter-spacing: normal; text-transform: none; text-align: left; color: rgb(0, 95, 158); margin-top: 10pt; margin-bottom: 3pt; padding-bottom: 0; border-bottom-color: initial; border-bottom-style: none; border-bottom-width: initial;font-weight:bolder;display:inline;">Portfolio holdings by <div style="display:inline;">sector </div></div>(percent of net assets)</div><div style="padding-right: 0; display: inline-block; padding-left: 25pt;"><img alt="Graphical Representation - Allocation 1 Chart" src="chartimages_1585150.jpg" style="float: right; width: 300pt;"/> </div>
<div style="font-family: 'Times New Roman'; font-weight: bold; font-size: 11pt; line-height: 12pt; letter-spacing: normal; text-transform: none; color: rgb(0, 95, 158); padding-top: 0; margin-top: 0; margin-bottom: 2.0016pt;">Material fund changes</div> <div style="margin-top: 0; font-family: 'Arial'; font-weight: normal; font-size: 9pt; line-height: 11pt; color: rgb(0, 0, 0); padding-bottom: 9pt; margin-bottom: 0;">This is a summary of certain changes to the fund since April 1, 2025. For more complete information, you may review the fund’s next prospectus, which we expect to be available by June 1, 2026 at <div style="text-decoration-line: underline; font-family: "Times New Roman"; color: rgb(0, 95, 158); font-size: 10pt; line-height: 13pt; letter-spacing: -0.05pt; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">capitalgroup.com/mutual-fund-literature-R4</div></div> or upon request at <div style="display:inline;">(800) 421-4225</div><div style="display:inline;">.</div></div> <div style="margin-top: 0; font-family: 'Arial'; font-weight: normal; font-size: 9pt; line-height: 11pt; color: rgb(0, 0, 0); padding-bottom: 9pt; margin-bottom: 0;">Effective June 1, 2025, the fund name is EUPAC Fund. </div>
This is a summary of certain changes to the fund since April 1, 2025. For more complete information, you may review the fund’s next prospectus, which we expect to be available by June 1, 2026 at <div style="text-decoration-line: underline; font-family: "Times New Roman"; color: rgb(0, 95, 158); font-size: 10pt; line-height: 13pt; letter-spacing: -0.05pt; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">capitalgroup.com/mutual-fund-literature-R4</div></div> or upon request at <div style="display:inline;">(800) 421-4225</div><div style="display:inline;">.</div>
2025-04-01
capitalgroup.com/mutual-fund-literature-R4
(800) 421-4225
Effective June 1, 2025, the fund name is EUPAC Fund.
EUPAC Fund™
Class R-5E
RERHX
This annual shareholder report contains important information about EUPAC Fund (the "fund") for the period from April 1, 2025 to March 31, 2026.
annual shareholder report
You can find additional information about the fund at <div style="text-decoration-line: underline; font-family: "Times New Roman"; color: rgb(0, 95, 158); font-size: 10pt; line-height: 13pt; letter-spacing: -0.05pt; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">capitalgroup.com/mutual-fund-literature-R5E</div></div>. You can also request this information by contacting us at <div style="display:inline;">(800) 421-4225</div><div style="display:inline;">.</div>
capitalgroup.com/mutual-fund-literature-R5E
(800) 421-4225
This report describes changes to the fund that occurred during the reporting period.
<div style="margin-bottom: 6pt;">
<div style="margin-top: 0; letter-spacing: normal; text-transform: none; font-family: 'Arial'; font-weight: normal; font-size: 10pt; line-height: 13pt; color: rgb(0, 0, 0); margin-bottom: 0;"><div style="font-family: 'Times New Roman'; font-size: 11pt; line-height: 13pt; color: rgb(0, 95, 158);font-weight:bolder;display:inline;width:100%;">What were the fund costs for the last year?</div> (based on a hypothetical $10,000 investment)</div>
</div>
<div style="margin-bottom: 4pt;">
<table style="text-align:start; break-inside: avoid; table-layout: auto; width: 100%; border-collapse: collapse; border-bottom-color: rgb(153, 153, 153); border-bottom-style: solid; border-bottom-width: 0.5pt; margin-bottom: 3pt;">
<tr style="break-after: avoid; border-bottom-style: none; border-bottom-width: initial; break-inside: avoid-page; background-color: rgb(0, 95, 158); border-right-color: rgb(255, 255, 255); border-right-style: solid; border-right-width: 0.5pt; height: 19.008pt; border-bottom-color: initial;">
<td style="break-inside: avoid-page; padding: 3pt 6pt; font-size: 10pt; line-height: 10pt; width: 126.9pt; font-family: "Times New Roman"; text-align: center; vertical-align: middle; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255);"><div style="font-weight:bolder;display:inline;">Share class</div></td>
<td style="break-inside: avoid-page; padding: 3pt 6pt; font-size: 10pt; line-height: 10pt; width: 171.072pt; font-family: "Times New Roman"; text-align: center; vertical-align: middle; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255);"><div style="font-weight:bolder;display:inline;">Costs of a $10,000 investment</div></td>
<td style="break-inside: avoid-page; padding: 3pt 0px; font-size: 10pt; line-height: 10pt; width: 267.948pt; font-family: "Times New Roman"; text-align: center; vertical-align: middle; color: rgb(255, 255, 255); border-right: initial initial;"><div style="font-weight:bolder;display:inline;">Costs paid as a percentage of a $10,000 investment</div></td>
</tr>
<tr style="border-bottom-width: initial; border-bottom-style: none; break-inside: avoid-page; height: 20pt; border-bottom-color: initial;">
<td style="break-inside: avoid-page; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; font-size: 10pt; line-height: 10pt; font-family: 'Arial'; text-align: center; width: 126.9pt; color: rgb(0, 0, 0); padding-right: 6pt; padding-left: 6pt; vertical-align: bottom;">Class R-5E</td>
<td style="break-inside: avoid-page; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; font-family: 'Arial'; font-size: 10pt; line-height: 10pt; text-align: center; width: 171.072pt; color: rgb(0, 0, 0); padding-right: 6pt; padding-left: 6pt; vertical-align: bottom;"><div style="float: none; letter-spacing: 0px; top: 0px;display:inline;">$</div>69</td>
<td style="break-inside: avoid-page; white-space: nowrap; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; font-size: 10pt; line-height: 10pt; font-family: 'Arial'; text-align: center; width: 267.948pt; color: rgb(0, 0, 0); padding-right: 0; padding-left: 0; vertical-align: bottom;">0.62<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
</tr>
</table>
</div>
69
0.0062
<div style="font-family: 'Times New Roman'; font-weight: bold; font-size: 11pt; line-height: 12pt; letter-spacing: normal; text-transform: none; color: rgb(0, 95, 158); padding-top: 0; margin-top: 0; margin-bottom: 2.0016pt;">Management's discussion of fund performance</div>
<div style="margin-top: 0; font-weight: normal; font-family: 'Arial'; font-size: 9pt; line-height: 11pt; letter-spacing: -0.04pt; color: rgb(0, 0, 0); margin-bottom: 4.0032pt;">The fund’s Class R-5E shares gained 22.14% for the year ended March 31, 2026. That result compares with a 24.91% gain for the MSCI ACWI (All Country World Index) ex USA. For information on returns for additional periods, including the fund lifetime, please refer to <div style="text-decoration-line: underline; font-family: "Times New Roman"; color: rgb(0, 95, 158); font-size: 9pt; line-height: 11pt; letter-spacing: -0.04pt;display:inline;"><div style="font-weight:bolder;display:inline;">capitalgroup.com/mutual-fund-returns-R5E</div></div>.</div>
<div style="margin-bottom: 2.0016pt; font-family: 'Times New Roman'; font-weight: bold; font-size: 10pt; line-height: 10pt; letter-spacing: normal; text-transform: none; color: rgb(0, 0, 0); padding-top: 0; margin-top: 6pt;">What factors influenced results</div>
<div style="margin-top: 0; font-weight: normal; font-family: 'Arial'; font-size: 9pt; line-height: 11pt; letter-spacing: -0.04pt; color: rgb(0, 0, 0); margin-bottom: 4.0032pt;">International equity markets delivered strong gains during the during the one-year period ended March 31, 2026, remaining resilient despite persistent trade tensions. However, momentum slowed late in the period as the Middle East conflict led to an energy crisis. Equities in the U.K. and Japan advanced but pulled back sharply in March. Chinese equities posted modest gains, while Indian stocks declined.</div>
<div style="margin-top: 0; font-weight: normal; font-family: 'Arial'; font-size: 9pt; line-height: 11pt; letter-spacing: -0.04pt; color: rgb(0, 0, 0); margin-bottom: 4.0032pt;">Within the fund, most sectors contributed to the portfolio, with information technology being the most additive. Returns from the financials, industrials and materials sectors were also positive. Conversely, holdings in the health care and consumer discretionary sectors saw negative results during the period. </div>
<div style="margin-top: 0; font-weight: normal; font-family: 'Arial'; font-size: 9pt; line-height: 11pt; letter-spacing: -0.04pt; color: rgb(0, 0, 0); margin-bottom: 4.0032pt;">Geographically, investments in companies based in Taiwan, Canada and South Korea contributed significantly to absolute returns. Shares of companies in Denmark, India and China posted negative overall returns. </div>
<img alt="Fund Performance - Growth of 10K" src="chartimages_1585320.jpg" style="display: block; margin-left: auto; margin-right: auto; width: 550pt;"/>
<div style="border-bottom-width: initial; border-bottom-style: none; font-family: 'Times New Roman'; font-weight: bold; font-size: 10pt; line-height: 10pt; text-align: left; letter-spacing: normal; text-transform: none; color: rgb(0, 0, 0); border-bottom-color: initial; padding-bottom: 0; margin-bottom: 4pt; margin-top: 0;">Average annual total returns</div>
<div style="margin-bottom: 3pt;">
<table style="text-align:start; break-inside: avoid; table-layout: auto; width: 100%; border-collapse: collapse;">
<tr style="break-after: avoid; border-bottom-style: solid; border-bottom-width: 0.5pt; break-inside: avoid-page; background-color: rgb(0, 95, 158); border-right-color: rgb(255, 255, 255); border-right-style: solid; border-right-width: 0.5pt; height: 16.9992pt; border-bottom-color: rgb(153, 153, 153);">
<td style="break-inside: avoid-page; padding: 0px 2pt; white-space: nowrap; font-family: "Times New Roman"; font-size: 10pt; line-height: 10pt; text-align: center; vertical-align: middle; color: rgb(0, 0, 0); border-right: initial initial; background-color: rgb(223, 229, 240);"><div style="display:inline;"></div></td>
<td style="break-inside: avoid-page; padding: 0px 5pt; width: 64pt; font-family: "Times New Roman"; font-size: 10pt; line-height: 10pt; text-align: center; vertical-align: middle; white-space: nowrap; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255); background-color: rgb(0, 95, 158);"><div style="font-weight:bolder;display:inline;">1 year</div></td>
<td style="break-inside: avoid-page; padding: 0px 5pt; width: 64pt; font-family: "Times New Roman"; font-size: 10pt; line-height: 10pt; text-align: center; vertical-align: middle; white-space: nowrap; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255); background-color: rgb(0, 95, 158);"><div style="font-weight:bolder;display:inline;">5 years</div></td>
<td style="break-inside: avoid-page; padding: 0px 5pt; width: 64pt; font-family: "Times New Roman"; font-size: 10pt; line-height: 10pt; text-align: center; vertical-align: middle; white-space: nowrap; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255); background-color: rgb(0, 95, 158);"><div style="font-weight:bolder;display:inline;">10 years</div></td>
</tr>
<tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: auto; border-bottom-color: rgb(153, 153, 153); background-color: rgb(255, 255, 255);">
<td style="break-inside: avoid-page; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; vertical-align: middle; padding-top: 3pt; padding-right: 0; padding-bottom: 3pt; padding-left: 2pt;">EUPAC Fund — Class <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">R-5E</div><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"><div style=";display:inline;vertical-align: super;font-size:8.3px">*</div></div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">22.14<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">3.92<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">8.23<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
</tr>
<tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: auto; border-bottom-color: rgb(153, 153, 153); background-color: rgb(255, 255, 255);">
<td style="break-inside: avoid-page; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; vertical-align: middle; padding-top: 3pt; padding-right: 0; padding-bottom: 3pt; padding-left: 2pt;">MSCI ACWI (All Country World Index) ex <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">USA</div><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"><div style=";display:inline;vertical-align: super;font-size:8.3px">†</div></div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">24.91<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">7.02<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">8.38<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
</tr>
</table>
</div>
<div style="margin-top: 0; font-family: 'Arial'; font-weight: normal; font-size: 8pt; line-height: 10pt; color: rgb(0, 0, 0); margin-bottom: 0; margin-left: 5pt; text-indent: -5pt;"><div style=";display:inline;vertical-align: super;font-size:7.4px">*</div> Investment results assume all distributions are reinvested and reflect applicable fees and expenses. When applicable, results reflect fee waivers and/or expense reimbursements, without which they would have been lower.</div>
<div style="margin-top: 0; font-family: 'Arial'; font-weight: normal; font-size: 8pt; line-height: 10pt; color: rgb(0, 0, 0); margin-bottom: 0; margin-left: 5pt; text-indent: -5pt;"><div style=";display:inline;vertical-align: super;font-size:7.4px">†</div> Results assume all distributions are reinvested. Any market index shown is unmanaged, and therefore, has no expenses. Investors cannot invest directly in an index. Source(s): MSCI.</div>
EUPAC Fund — Class R-5E
0.2214
0.0392
0.0823
MSCI ACWI (All Country World Index) ex USA
0.2491
0.0702
0.0838
The fund’s past performance is not a predictor of its future performance.
The line chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares.
<div style="text-transform: none; margin-bottom: 2.0016pt; font-family: 'Times New Roman'; font-weight: bold; font-size: 11pt; line-height: 11pt; letter-spacing: normal; color: rgb(0, 95, 158); margin-top: 10pt;">Key fund statistics</div>
<table style="text-align:start; width: 100%; border-collapse: collapse; break-inside: avoid;">
<tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; border-bottom-color: rgb(153, 153, 153); height: auto; border-top-color: rgb(153, 153, 153); border-top-style: solid; border-top-width: 0.5pt;">
<td style="break-inside: avoid-page; vertical-align: middle; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; width: 70%; font-weight: normal;">Fund net assets (in millions)</td>
<td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0);"><div style="float: none; letter-spacing: 0px; top: 0px;display:inline;">$</div>126,761</td>
</tr>
<tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; border-bottom-color: rgb(153, 153, 153); height: auto;">
<td style="break-inside: avoid-page; vertical-align: middle; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; width: 70%; font-weight: normal;">Total number of portfolio holdings</td>
<td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0);">387</td>
</tr>
<tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; border-bottom-color: rgb(153, 153, 153); height: auto;">
<td style="break-inside: avoid-page; vertical-align: middle; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; width: 70%; font-weight: normal;">Total advisory fees paid (in millions)</td>
<td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0);"><div style="float: none; letter-spacing: 0px; top: 0px;display:inline;">$</div>558</td>
</tr>
<tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; border-bottom-color: rgb(153, 153, 153); height: auto;">
<td style="break-inside: avoid-page; vertical-align: middle; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; width: 70%; font-weight: normal;">Portfolio turnover rate</td>
<td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0);">50<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
</tr>
</table>
126761000000
387
558000000
0.50
<div style="border-bottom-width: initial; border-bottom-style: none; font-family: 'Arial'; font-weight: normal; font-size: 10pt; line-height: 11pt; letter-spacing: normal; text-transform: none; text-align: left; color: rgb(0, 0, 0); margin-top: 10pt; margin-bottom: 2.0016pt; padding-bottom: 0; border-bottom-color: initial; padding-left: 27pt;"><div style="font-family: 'Times New Roman'; font-size: 11pt; line-height: 11pt; letter-spacing: normal; text-transform: none; text-align: left; color: rgb(0, 95, 158); margin-top: 10pt; margin-bottom: 3pt; padding-bottom: 0; border-bottom-color: initial; border-bottom-style: none; border-bottom-width: initial;font-weight:bolder;display:inline;">Portfolio holdings by sector </div>(percent of net assets)</div>
<div style="padding-right: 0; display: inline-block; padding-left: 25pt;"><img alt="Graphical Representation - Allocation 1 Chart" src="chartimages_1585326.jpg" style="float: right; width: 300pt;"/> </div>
<div style="font-family: 'Times New Roman'; font-weight: bold; font-size: 11pt; line-height: 12pt; letter-spacing: normal; text-transform: none; color: rgb(0, 95, 158); padding-top: 0; margin-top: 0; margin-bottom: 2.0016pt;">Material fund changes</div>
<div style="margin-top: 0; font-family: 'Arial'; font-weight: normal; font-size: 9pt; line-height: 11pt; color: rgb(0, 0, 0); padding-bottom: 9pt; margin-bottom: 0;">This is a summary of certain changes to the fund since April 1, 2025. For more complete information, you may review the fund’s next prospectus, which we expect to be available by June 1, 2026 at <div style="text-decoration-line: underline; font-family: "Times New Roman"; color: rgb(0, 95, 158); font-size: 10pt; line-height: 13pt; letter-spacing: -0.05pt; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">capitalgroup.com/mutual-fund-literature-R5E</div></div> or upon request at <div style="display:inline;">(800) 421-4225</div><div style="display:inline;">.</div></div>
<div style="margin-top: 0; font-family: 'Arial'; font-weight: normal; font-size: 9pt; line-height: 11pt; color: rgb(0, 0, 0); padding-bottom: 9pt; margin-bottom: 0;">Effective June 1, 2025, the fund name is EUPAC Fund. </div>
This is a summary of certain changes to the fund since April 1, 2025. For more complete information, you may review the fund’s next prospectus, which we expect to be available by June 1, 2026 at <div style="text-decoration-line: underline; font-family: "Times New Roman"; color: rgb(0, 95, 158); font-size: 10pt; line-height: 13pt; letter-spacing: -0.05pt; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">capitalgroup.com/mutual-fund-literature-R5E</div></div> or upon request at <div style="display:inline;">(800) 421-4225</div><div style="display:inline;">.</div>
2025-04-01
capitalgroup.com/mutual-fund-literature-R5E
(800) 421-4225
Effective June 1, 2025, the fund name is EUPAC Fund.
EUPAC Fund™
Class R-5
RERFX
This annual shareholder report contains important information about EUPAC Fund (the "fund") for the period from April 1, 2025 to March 31, 2026.
annual shareholder report
You can find additional information about the fund at <div style="text-decoration-line: underline; font-family: "Times New Roman"; color: rgb(0, 95, 158); font-size: 10pt; line-height: 13pt; letter-spacing: -0.05pt; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">capitalgroup.com/mutual-fund-literature-R5</div></div>. You can also request this information by contacting us at <div style="display:inline;">(800) 421-4225</div><div style="display:inline;">.</div>
capitalgroup.com/mutual-fund-literature-R5
(800) 421-4225
This report describes changes to the fund that occurred during the reporting period.
<div style="margin-bottom: 6pt;">
<div style="margin-top: 0; letter-spacing: normal; text-transform: none; font-family: 'Arial'; font-weight: normal; font-size: 10pt; line-height: 13pt; color: rgb(0, 0, 0); margin-bottom: 0;"><div style="font-family: 'Times New Roman'; font-size: 11pt; line-height: 13pt; color: rgb(0, 95, 158);font-weight:bolder;display:inline;width:100%;">What were the fund costs for the last year?</div> (based on a hypothetical $10,000 investment)</div>
</div>
<div style="margin-bottom: 4pt;">
<table style="text-align:start; break-inside: avoid; table-layout: auto; width: 100%; border-collapse: collapse; border-bottom-color: rgb(153, 153, 153); border-bottom-style: solid; border-bottom-width: 0.5pt; margin-bottom: 3pt;">
<tr style="break-after: avoid; border-bottom-style: none; border-bottom-width: initial; break-inside: avoid-page; background-color: rgb(0, 95, 158); border-right-color: rgb(255, 255, 255); border-right-style: solid; border-right-width: 0.5pt; height: 19.008pt; border-bottom-color: initial;">
<td style="break-inside: avoid-page; padding: 3pt 6pt; font-size: 10pt; line-height: 10pt; width: 126.9pt; font-family: "Times New Roman"; text-align: center; vertical-align: middle; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255);"><div style="font-weight:bolder;display:inline;">Share class</div></td>
<td style="break-inside: avoid-page; padding: 3pt 6pt; font-size: 10pt; line-height: 10pt; width: 171.072pt; font-family: "Times New Roman"; text-align: center; vertical-align: middle; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255);"><div style="font-weight:bolder;display:inline;">Costs of a $10,000 investment</div></td>
<td style="break-inside: avoid-page; padding: 3pt 0px; font-size: 10pt; line-height: 10pt; width: 267.948pt; font-family: "Times New Roman"; text-align: center; vertical-align: middle; color: rgb(255, 255, 255); border-right: initial initial;"><div style="font-weight:bolder;display:inline;">Costs paid as a percentage of a $10,000 investment</div></td>
</tr>
<tr style="border-bottom-width: initial; border-bottom-style: none; break-inside: avoid-page; height: 20pt; border-bottom-color: initial;">
<td style="break-inside: avoid-page; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; font-size: 10pt; line-height: 10pt; font-family: 'Arial'; text-align: center; width: 126.9pt; color: rgb(0, 0, 0); padding-right: 6pt; padding-left: 6pt; vertical-align: bottom;">Class R-5</td>
<td style="break-inside: avoid-page; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; font-family: 'Arial'; font-size: 10pt; line-height: 10pt; text-align: center; width: 171.072pt; color: rgb(0, 0, 0); padding-right: 6pt; padding-left: 6pt; vertical-align: bottom;"><div style="float: none; letter-spacing: 0px; top: 0px;display:inline;">$</div>58</td>
<td style="break-inside: avoid-page; white-space: nowrap; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; font-size: 10pt; line-height: 10pt; font-family: 'Arial'; text-align: center; width: 267.948pt; color: rgb(0, 0, 0); padding-right: 0; padding-left: 0; vertical-align: bottom;">0.52<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
</tr>
</table>
</div>
58
0.0052
<div style="font-family: 'Times New Roman'; font-weight: bold; font-size: 11pt; line-height: 12pt; letter-spacing: normal; text-transform: none; color: rgb(0, 95, 158); padding-top: 0; margin-top: 0; margin-bottom: 2.0016pt;">Management's discussion of fund performance</div>
<div style="margin-top: 0; font-weight: normal; font-family: 'Arial'; font-size: 9pt; line-height: 11pt; letter-spacing: -0.04pt; color: rgb(0, 0, 0); margin-bottom: 4.0032pt;">The fund’s Class R-5 shares gained 22.24% for the year ended March 31, 2026. That result compares with a 24.91% gain for the MSCI ACWI (All Country World Index) ex USA. For information on returns for additional periods, including the fund lifetime, please refer to <div style="text-decoration-line: underline; font-family: "Times New Roman"; color: rgb(0, 95, 158); font-size: 9pt; line-height: 11pt; letter-spacing: -0.04pt;display:inline;"><div style="font-weight:bolder;display:inline;">capitalgroup.com/mutual-fund-returns-R5</div></div>.</div>
<div style="margin-bottom: 2.0016pt; font-family: 'Times New Roman'; font-weight: bold; font-size: 10pt; line-height: 10pt; letter-spacing: normal; text-transform: none; color: rgb(0, 0, 0); padding-top: 0; margin-top: 6pt;">What factors influenced results</div>
<div style="margin-top: 0; font-weight: normal; font-family: 'Arial'; font-size: 9pt; line-height: 11pt; letter-spacing: -0.04pt; color: rgb(0, 0, 0); margin-bottom: 4.0032pt;">International equity markets delivered strong gains during the during the one-year period ended March 31, 2026, remaining resilient despite persistent trade tensions. However, momentum slowed late in the period as the Middle East conflict led to an energy crisis. Equities in the U.K. and Japan advanced but pulled back sharply in March. Chinese equities posted modest gains, while Indian stocks declined.</div>
<div style="margin-top: 0; font-weight: normal; font-family: 'Arial'; font-size: 9pt; line-height: 11pt; letter-spacing: -0.04pt; color: rgb(0, 0, 0); margin-bottom: 4.0032pt;">Within the fund, most sectors contributed to the portfolio, with information technology being the most additive. Returns from the financials, industrials and materials sectors were also positive. Conversely, holdings in the health care and consumer discretionary sectors saw negative results during the period. </div>
<div style="margin-top: 0; font-weight: normal; font-family: 'Arial'; font-size: 9pt; line-height: 11pt; letter-spacing: -0.04pt; color: rgb(0, 0, 0); margin-bottom: 4.0032pt;">Geographically, investments in companies based in Taiwan, Canada and South Korea contributed significantly to absolute returns. Shares of companies in Denmark, India and China posted negative overall returns. </div>
<img alt="Fund Performance - Growth of 10K" src="chartimages_1585188.jpg" style="display: block; margin-left: auto; margin-right: auto; width: 550pt;"/>
<div style="border-bottom-width: initial; border-bottom-style: none; font-family: 'Times New Roman'; font-weight: bold; font-size: 10pt; line-height: 10pt; text-align: left; letter-spacing: normal; text-transform: none; color: rgb(0, 0, 0); border-bottom-color: initial; padding-bottom: 0; margin-bottom: 4pt; margin-top: 0;">Average annual total returns</div>
<div style="margin-bottom: 3pt;">
<table style="text-align:start; break-inside: avoid; table-layout: auto; width: 100%; border-collapse: collapse;">
<tr style="break-after: avoid; border-bottom-style: solid; border-bottom-width: 0.5pt; break-inside: avoid-page; background-color: rgb(0, 95, 158); border-right-color: rgb(255, 255, 255); border-right-style: solid; border-right-width: 0.5pt; height: 16.9992pt; border-bottom-color: rgb(153, 153, 153);">
<td style="break-inside: avoid-page; padding: 0px 2pt; white-space: nowrap; font-family: "Times New Roman"; font-size: 10pt; line-height: 10pt; text-align: center; vertical-align: middle; color: rgb(0, 0, 0); border-right: initial initial; background-color: rgb(223, 229, 240);"><div style="display:inline;"></div></td>
<td style="break-inside: avoid-page; padding: 0px 5pt; width: 64pt; font-family: "Times New Roman"; font-size: 10pt; line-height: 10pt; text-align: center; vertical-align: middle; white-space: nowrap; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255); background-color: rgb(0, 95, 158);"><div style="font-weight:bolder;display:inline;">1 year</div></td>
<td style="break-inside: avoid-page; padding: 0px 5pt; width: 64pt; font-family: "Times New Roman"; font-size: 10pt; line-height: 10pt; text-align: center; vertical-align: middle; white-space: nowrap; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255); background-color: rgb(0, 95, 158);"><div style="font-weight:bolder;display:inline;">5 years</div></td>
<td style="break-inside: avoid-page; padding: 0px 5pt; width: 64pt; font-family: "Times New Roman"; font-size: 10pt; line-height: 10pt; text-align: center; vertical-align: middle; white-space: nowrap; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255); background-color: rgb(0, 95, 158);"><div style="font-weight:bolder;display:inline;">10 years</div></td>
</tr>
<tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: auto; border-bottom-color: rgb(153, 153, 153); background-color: rgb(255, 255, 255);">
<td style="break-inside: avoid-page; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; vertical-align: middle; padding-top: 3pt; padding-right: 0; padding-bottom: 3pt; padding-left: 2pt;">EUPAC Fund — Class <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">R-5</div><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"><div style=";display:inline;vertical-align: super;font-size:8.3px">*</div></div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">22.24<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">4.03<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">8.35<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
</tr>
<tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: auto; border-bottom-color: rgb(153, 153, 153); background-color: rgb(255, 255, 255);">
<td style="break-inside: avoid-page; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; vertical-align: middle; padding-top: 3pt; padding-right: 0; padding-bottom: 3pt; padding-left: 2pt;">MSCI ACWI (All Country World Index) ex <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">USA</div><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"><div style=";display:inline;vertical-align: super;font-size:8.3px">†</div></div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">24.91<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">7.02<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">8.38<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
</tr>
</table>
</div>
<div style="margin-top: 0; font-family: 'Arial'; font-weight: normal; font-size: 8pt; line-height: 10pt; color: rgb(0, 0, 0); margin-bottom: 0; margin-left: 5pt; text-indent: -5pt;"><div style=";display:inline;vertical-align: super;font-size:7.4px">*</div> Investment results assume all distributions are reinvested and reflect applicable fees and expenses. When applicable, results reflect fee waivers and/or expense reimbursements, without which they would have been lower.</div>
<div style="margin-top: 0; font-family: 'Arial'; font-weight: normal; font-size: 8pt; line-height: 10pt; color: rgb(0, 0, 0); margin-bottom: 0; margin-left: 5pt; text-indent: -5pt;"><div style=";display:inline;vertical-align: super;font-size:7.4px">†</div> Results assume all distributions are reinvested. Any market index shown is unmanaged, and therefore, has no expenses. Investors cannot invest directly in an index. Source(s): MSCI.</div>
EUPAC Fund — Class R-5
0.2224
0.0403
0.0835
MSCI ACWI (All Country World Index) ex USA
0.2491
0.0702
0.0838
The fund’s past performance is not a predictor of its future performance.
The line chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares.
<div style="text-transform: none; margin-bottom: 2.0016pt; font-family: 'Times New Roman'; font-weight: bold; font-size: 11pt; line-height: 11pt; letter-spacing: normal; color: rgb(0, 95, 158); margin-top: 10pt;">Key fund statistics</div>
<table style="text-align:start; width: 100%; border-collapse: collapse; break-inside: avoid;">
<tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; border-bottom-color: rgb(153, 153, 153); height: auto; border-top-color: rgb(153, 153, 153); border-top-style: solid; border-top-width: 0.5pt;">
<td style="break-inside: avoid-page; vertical-align: middle; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; width: 70%; font-weight: normal;">Fund net assets (in millions)</td>
<td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0);"><div style="float: none; letter-spacing: 0px; top: 0px;display:inline;">$</div>126,761</td>
</tr>
<tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; border-bottom-color: rgb(153, 153, 153); height: auto;">
<td style="break-inside: avoid-page; vertical-align: middle; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; width: 70%; font-weight: normal;">Total number of portfolio holdings</td>
<td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0);">387</td>
</tr>
<tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; border-bottom-color: rgb(153, 153, 153); height: auto;">
<td style="break-inside: avoid-page; vertical-align: middle; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; width: 70%; font-weight: normal;">Total advisory fees paid (in millions)</td>
<td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0);"><div style="float: none; letter-spacing: 0px; top: 0px;display:inline;">$</div>558</td>
</tr>
<tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; border-bottom-color: rgb(153, 153, 153); height: auto;">
<td style="break-inside: avoid-page; vertical-align: middle; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; width: 70%; font-weight: normal;">Portfolio turnover rate</td>
<td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0);">50<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
</tr>
</table>
126761000000
387
558000000
0.50
<div style="border-bottom-width: initial; border-bottom-style: none; font-family: 'Arial'; font-weight: normal; font-size: 10pt; line-height: 11pt; letter-spacing: normal; text-transform: none; text-align: left; color: rgb(0, 0, 0); margin-top: 10pt; margin-bottom: 2.0016pt; padding-bottom: 0; border-bottom-color: initial; padding-left: 27pt;"><div style="font-family: 'Times New Roman'; font-size: 11pt; line-height: 11pt; letter-spacing: normal; text-transform: none; text-align: left; color: rgb(0, 95, 158); margin-top: 10pt; margin-bottom: 3pt; padding-bottom: 0; border-bottom-color: initial; border-bottom-style: none; border-bottom-width: initial;font-weight:bolder;display:inline;">Portfolio holdings by sector </div>(percent of net assets)</div>
<div style="padding-right: 0; display: inline-block; padding-left: 25pt;"><img alt="Graphical Representation - Allocation 1 Chart" src="chartimages_1585194.jpg" style="float: right; width: 300pt;"/> </div>
<div style="font-family: 'Times New Roman'; font-weight: bold; font-size: 11pt; line-height: 12pt; letter-spacing: normal; text-transform: none; color: rgb(0, 95, 158); padding-top: 0; margin-top: 0; margin-bottom: 2.0016pt;">Material fund changes</div>
<div style="margin-top: 0; font-family: 'Arial'; font-weight: normal; font-size: 9pt; line-height: 11pt; color: rgb(0, 0, 0); padding-bottom: 9pt; margin-bottom: 0;">This is a summary of certain changes to the fund since April 1, 2025. For more complete information, you may review the fund’s next prospectus, which we expect to be available by June 1, 2026 at <div style="text-decoration-line: underline; font-family: "Times New Roman"; color: rgb(0, 95, 158); font-size: 10pt; line-height: 13pt; letter-spacing: -0.05pt; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">capitalgroup.com/mutual-fund-literature-R5</div></div> or upon request at <div style="display:inline;">(800) 421-4225</div><div style="display:inline;">.</div></div>
<div style="margin-top: 0; font-family: 'Arial'; font-weight: normal; font-size: 9pt; line-height: 11pt; color: rgb(0, 0, 0); padding-bottom: 9pt; margin-bottom: 0;">Effective June 1, 2025, the fund name is EUPAC Fund. </div>
This is a summary of certain changes to the fund since April 1, 2025. For more complete information, you may review the fund’s next prospectus, which we expect to be available by June 1, 2026 at <div style="text-decoration-line: underline; font-family: "Times New Roman"; color: rgb(0, 95, 158); font-size: 10pt; line-height: 13pt; letter-spacing: -0.05pt; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">capitalgroup.com/mutual-fund-literature-R5</div></div> or upon request at <div style="display:inline;">(800) 421-4225</div><div style="display:inline;">.</div>
2025-04-01
capitalgroup.com/mutual-fund-literature-R5
(800) 421-4225
Effective June 1, 2025, the fund name is EUPAC Fund.
EUPAC Fund™
Class R-6
RERGX
This annual shareholder report contains important information about EUPAC Fund (the "fund") for the period from April 1, 2025 to March 31, 2026.
annual shareholder report
You can find additional information about the fund at <div style="text-decoration-line: underline; font-family: "Times New Roman"; color: rgb(0, 95, 158); font-size: 10pt; line-height: 13pt; letter-spacing: -0.05pt; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">capitalgroup.com/mutual-fund-literature-R6</div></div>. You can also request this information by contacting us at <div style="display:inline;">(800) 421-4225</div><div style="display:inline;">.</div>
capitalgroup.com/mutual-fund-literature-R6
(800) 421-4225
This report describes changes to the fund that occurred during the reporting period.
<div style="margin-bottom: 6pt;">
<div style="margin-top: 0; letter-spacing: normal; text-transform: none; font-family: 'Arial'; font-weight: normal; font-size: 10pt; line-height: 13pt; color: rgb(0, 0, 0); margin-bottom: 0;"><div style="font-family: 'Times New Roman'; font-size: 11pt; line-height: 13pt; color: rgb(0, 95, 158);font-weight:bolder;display:inline;width:100%;">What were the fund costs for the last year?</div> (based on a hypothetical $10,000 investment)</div>
</div>
<div style="margin-bottom: 4pt;">
<table style="text-align:start; break-inside: avoid; table-layout: auto; width: 100%; border-collapse: collapse; border-bottom-color: rgb(153, 153, 153); border-bottom-style: solid; border-bottom-width: 0.5pt; margin-bottom: 3pt;">
<tr style="break-after: avoid; border-bottom-style: none; border-bottom-width: initial; break-inside: avoid-page; background-color: rgb(0, 95, 158); border-right-color: rgb(255, 255, 255); border-right-style: solid; border-right-width: 0.5pt; height: 19.008pt; border-bottom-color: initial;">
<td style="break-inside: avoid-page; padding: 3pt 6pt; font-size: 10pt; line-height: 10pt; width: 126.9pt; font-family: "Times New Roman"; text-align: center; vertical-align: middle; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255);"><div style="font-weight:bolder;display:inline;">Share class</div></td>
<td style="break-inside: avoid-page; padding: 3pt 6pt; font-size: 10pt; line-height: 10pt; width: 171.072pt; font-family: "Times New Roman"; text-align: center; vertical-align: middle; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255);"><div style="font-weight:bolder;display:inline;">Costs of a $10,000 investment</div></td>
<td style="break-inside: avoid-page; padding: 3pt 0px; font-size: 10pt; line-height: 10pt; width: 267.948pt; font-family: "Times New Roman"; text-align: center; vertical-align: middle; color: rgb(255, 255, 255); border-right: initial initial;"><div style="font-weight:bolder;display:inline;">Costs paid as a percentage of a $10,000 investment</div></td>
</tr>
<tr style="border-bottom-width: initial; border-bottom-style: none; break-inside: avoid-page; height: 20pt; border-bottom-color: initial;">
<td style="break-inside: avoid-page; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; font-size: 10pt; line-height: 10pt; font-family: 'Arial'; text-align: center; width: 126.9pt; color: rgb(0, 0, 0); padding-right: 6pt; padding-left: 6pt; vertical-align: bottom;">Class R-6</td>
<td style="break-inside: avoid-page; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; font-family: 'Arial'; font-size: 10pt; line-height: 10pt; text-align: center; width: 171.072pt; color: rgb(0, 0, 0); padding-right: 6pt; padding-left: 6pt; vertical-align: bottom;"><div style="float: none; letter-spacing: 0px; top: 0px;display:inline;">$</div>52</td>
<td style="break-inside: avoid-page; white-space: nowrap; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; font-size: 10pt; line-height: 10pt; font-family: 'Arial'; text-align: center; width: 267.948pt; color: rgb(0, 0, 0); padding-right: 0; padding-left: 0; vertical-align: bottom;">0.47<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
</tr>
</table>
</div>
52
0.0047
<div style="font-family: 'Times New Roman'; font-weight: bold; font-size: 11pt; line-height: 12pt; letter-spacing: normal; text-transform: none; color: rgb(0, 95, 158); padding-top: 0; margin-top: 0; margin-bottom: 2.0016pt;">Management's discussion of fund performance</div>
<div style="margin-top: 0; font-weight: normal; font-family: 'Arial'; font-size: 9pt; line-height: 11pt; letter-spacing: -0.04pt; color: rgb(0, 0, 0); margin-bottom: 4.0032pt;">The fund’s Class R-6 shares gained 22.30% for the year ended March 31, 2026. That result compares with a 24.91% gain for the MSCI ACWI (All Country World Index) ex USA. For information on returns for additional periods, including the fund lifetime, please refer to <div style="text-decoration-line: underline; font-family: "Times New Roman"; color: rgb(0, 95, 158); font-size: 9pt; line-height: 11pt; letter-spacing: -0.04pt;display:inline;"><div style="font-weight:bolder;display:inline;">capitalgroup.com/mutual-fund-returns-R6</div></div>.</div>
<div style="margin-bottom: 2.0016pt; font-family: 'Times New Roman'; font-weight: bold; font-size: 10pt; line-height: 10pt; letter-spacing: normal; text-transform: none; color: rgb(0, 0, 0); padding-top: 0; margin-top: 6pt;">What factors influenced results</div>
<div style="margin-top: 0; font-weight: normal; font-family: 'Arial'; font-size: 9pt; line-height: 11pt; letter-spacing: -0.04pt; color: rgb(0, 0, 0); margin-bottom: 4.0032pt;">International equity markets delivered strong gains during the during the one-year period ended March 31, 2026, remaining resilient despite persistent trade tensions. However, momentum slowed late in the period as the Middle East conflict led to an energy crisis. Equities in the U.K. and Japan advanced but pulled back sharply in March. Chinese equities posted modest gains, while Indian stocks declined.</div>
<div style="margin-top: 0; font-weight: normal; font-family: 'Arial'; font-size: 9pt; line-height: 11pt; letter-spacing: -0.04pt; color: rgb(0, 0, 0); margin-bottom: 4.0032pt;">Within the fund, most sectors contributed to the portfolio, with information technology being the most additive. Returns from the financials, industrials and materials sectors were also positive. Conversely, holdings in the health care and consumer discretionary sectors saw negative results during the period. </div>
<div style="margin-top: 0; font-weight: normal; font-family: 'Arial'; font-size: 9pt; line-height: 11pt; letter-spacing: -0.04pt; color: rgb(0, 0, 0); margin-bottom: 4.0032pt;">Geographically, investments in companies based in Taiwan, Canada and South Korea contributed significantly to absolute returns. Shares of companies in Denmark, India and China posted negative overall returns. </div>
<img alt="Fund Performance - Growth of 10K" src="chartimages_1585232.jpg" style="display: block; margin-left: auto; margin-right: auto; width: 550pt;"/>
<div style="border-bottom-width: initial; border-bottom-style: none; font-family: 'Times New Roman'; font-weight: bold; font-size: 10pt; line-height: 10pt; text-align: left; letter-spacing: normal; text-transform: none; color: rgb(0, 0, 0); border-bottom-color: initial; padding-bottom: 0; margin-bottom: 4pt; margin-top: 0;">Average annual total returns</div>
<div style="margin-bottom: 3pt;">
<table style="text-align:start; break-inside: avoid; table-layout: auto; width: 100%; border-collapse: collapse;">
<tr style="break-after: avoid; border-bottom-style: solid; border-bottom-width: 0.5pt; break-inside: avoid-page; background-color: rgb(0, 95, 158); border-right-color: rgb(255, 255, 255); border-right-style: solid; border-right-width: 0.5pt; height: 16.9992pt; border-bottom-color: rgb(153, 153, 153);">
<td style="break-inside: avoid-page; padding: 0px 2pt; white-space: nowrap; font-family: "Times New Roman"; font-size: 10pt; line-height: 10pt; text-align: center; vertical-align: middle; color: rgb(0, 0, 0); border-right: initial initial; background-color: rgb(223, 229, 240);"><div style="display:inline;"></div></td>
<td style="break-inside: avoid-page; padding: 0px 5pt; width: 64pt; font-family: "Times New Roman"; font-size: 10pt; line-height: 10pt; text-align: center; vertical-align: middle; white-space: nowrap; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255); background-color: rgb(0, 95, 158);"><div style="font-weight:bolder;display:inline;">1 year</div></td>
<td style="break-inside: avoid-page; padding: 0px 5pt; width: 64pt; font-family: "Times New Roman"; font-size: 10pt; line-height: 10pt; text-align: center; vertical-align: middle; white-space: nowrap; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255); background-color: rgb(0, 95, 158);"><div style="font-weight:bolder;display:inline;">5 years</div></td>
<td style="break-inside: avoid-page; padding: 0px 5pt; width: 64pt; font-family: "Times New Roman"; font-size: 10pt; line-height: 10pt; text-align: center; vertical-align: middle; white-space: nowrap; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255); background-color: rgb(0, 95, 158);"><div style="font-weight:bolder;display:inline;">10 years</div></td>
</tr>
<tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: auto; border-bottom-color: rgb(153, 153, 153); background-color: rgb(255, 255, 255);">
<td style="break-inside: avoid-page; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; vertical-align: middle; padding-top: 3pt; padding-right: 0; padding-bottom: 3pt; padding-left: 2pt;">EUPAC Fund — Class <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">R-6</div><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"></div><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"><div style=";display:inline;vertical-align: super;font-size:8.3px">*</div></div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">22.30<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">4.08<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">8.40<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
</tr>
<tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; height: auto; border-bottom-color: rgb(153, 153, 153); background-color: rgb(255, 255, 255);">
<td style="break-inside: avoid-page; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; vertical-align: middle; padding-top: 3pt; padding-right: 0; padding-bottom: 3pt; padding-left: 2pt;">MSCI ACWI (All Country World Index) ex <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">USA</div><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"></div><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"><div style=";display:inline;vertical-align: super;font-size:8.3px">†</div></div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">24.91<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">7.02<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
<td style="break-inside: avoid-page; white-space: nowrap; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0;">8.38<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
</tr>
</table>
</div>
<div style="margin-top: 0; font-family: 'Arial'; font-weight: normal; font-size: 8pt; line-height: 10pt; color: rgb(0, 0, 0); margin-bottom: 0; margin-left: 5pt; text-indent: -5pt;"><div style=";display:inline;vertical-align: super;font-size:7.4px">*</div> Investment results assume all distributions are reinvested and reflect applicable fees and expenses. When applicable, results reflect fee waivers and/or expense reimbursements, without which they would have been lower.</div>
<div style="margin-top: 0; font-family: 'Arial'; font-weight: normal; font-size: 8pt; line-height: 10pt; color: rgb(0, 0, 0); margin-bottom: 0; margin-left: 5pt; text-indent: -5pt;"><div style=";display:inline;vertical-align: super;font-size:7.4px">†</div> Results assume all distributions are reinvested. Any market index shown is unmanaged, and therefore, has no expenses. Investors cannot invest directly in an index. Source(s): MSCI.</div>
EUPAC Fund — Class R-6
0.223
0.0408
0.084
MSCI ACWI (All Country World Index) ex USA
0.2491
0.0702
0.0838
The fund’s past performance is not a predictor of its future performance.
The line chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares.
<div style="text-transform: none; margin-bottom: 2.0016pt; font-family: 'Times New Roman'; font-weight: bold; font-size: 11pt; line-height: 11pt; letter-spacing: normal; color: rgb(0, 95, 158); margin-top: 10pt;">Key fund statistics</div>
<table style="text-align:start; width: 100%; border-collapse: collapse; break-inside: avoid;">
<tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; border-bottom-color: rgb(153, 153, 153); height: auto; border-top-color: rgb(153, 153, 153); border-top-style: solid; border-top-width: 0.5pt;">
<td style="break-inside: avoid-page; vertical-align: middle; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; width: 70%; font-weight: normal;">Fund net assets (in millions)</td>
<td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0);"><div style="float: none; letter-spacing: 0px; top: 0px;display:inline;">$</div>126,761</td>
</tr>
<tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; border-bottom-color: rgb(153, 153, 153); height: auto;">
<td style="break-inside: avoid-page; vertical-align: middle; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; width: 70%; font-weight: normal;">Total number of portfolio holdings</td>
<td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0);">387</td>
</tr>
<tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; border-bottom-color: rgb(153, 153, 153); height: auto;">
<td style="break-inside: avoid-page; vertical-align: middle; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; width: 70%; font-weight: normal;">Total advisory fees paid (in millions)</td>
<td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0);"><div style="float: none; letter-spacing: 0px; top: 0px;display:inline;">$</div>558</td>
</tr>
<tr style="border-bottom-width: 0.5pt; border-bottom-style: solid; break-inside: avoid-page; border-bottom-color: rgb(153, 153, 153); height: auto;">
<td style="break-inside: avoid-page; vertical-align: middle; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0); font-family: 'Arial'; text-align: left; width: 70%; font-weight: normal;">Portfolio turnover rate</td>
<td style="break-inside: avoid-page; text-align: right; vertical-align: middle; white-space: nowrap; font-weight: normal; padding-top: 3pt; padding-bottom: 3pt; padding-left: 0; padding-right: 0; font-family: 'Arial'; font-size: 9pt; line-height: 9pt; color: rgb(0, 0, 0);">50<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td>
</tr>
</table>
126761000000
387
558000000
0.50
<div style="border-bottom-width: initial; border-bottom-style: none; font-family: 'Arial'; font-weight: normal; font-size: 10pt; line-height: 11pt; letter-spacing: normal; text-transform: none; text-align: left; color: rgb(0, 0, 0); margin-top: 10pt; margin-bottom: 2.0016pt; padding-bottom: 0; border-bottom-color: initial; padding-left: 27pt;"><div style="font-family: 'Times New Roman'; font-size: 11pt; line-height: 11pt; letter-spacing: normal; text-transform: none; text-align: left; color: rgb(0, 95, 158); margin-top: 10pt; margin-bottom: 3pt; padding-bottom: 0; border-bottom-color: initial; border-bottom-style: none; border-bottom-width: initial;font-weight:bolder;display:inline;">Portfolio holdings by sector </div>(percent of net assets)</div>
<div style="padding-right: 0; display: inline-block; padding-left: 25pt;"><img alt="Graphical Representation - Allocation 1 Chart" src="chartimages_1585238.jpg" style="float: right; width: 300pt;"/> </div>
<div style="font-family: 'Times New Roman'; font-weight: bold; font-size: 11pt; line-height: 12pt; letter-spacing: normal; text-transform: none; color: rgb(0, 95, 158); padding-top: 0; margin-top: 0; margin-bottom: 2.0016pt;">Material fund changes</div>
<div style="margin-top: 0; font-family: 'Arial'; font-weight: normal; font-size: 9pt; line-height: 11pt; color: rgb(0, 0, 0); padding-bottom: 9pt; margin-bottom: 0;">This is a summary of certain changes to the fund since April 1, 2025. For more complete information, you may review the fund’s next prospectus, which we expect to be available by June 1, 2026 at <div style="text-decoration-line: underline; font-family: "Times New Roman"; color: rgb(0, 95, 158); font-size: 10pt; line-height: 13pt; letter-spacing: -0.05pt; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">capitalgroup.com/mutual-fund-literature-R6</div></div> or upon request at <div style="display:inline;">(800) 421-4225</div><div style="display:inline;">.</div></div>
<div style="margin-top: 0; font-family: 'Arial'; font-weight: normal; font-size: 9pt; line-height: 11pt; color: rgb(0, 0, 0); padding-bottom: 9pt; margin-bottom: 0;">Effective June 1, 2025, the fund name is EUPAC Fund. </div>
This is a summary of certain changes to the fund since April 1, 2025. For more complete information, you may review the fund’s next prospectus, which we expect to be available by June 1, 2026 at <div style="text-decoration-line: underline; font-family: "Times New Roman"; color: rgb(0, 95, 158); font-size: 10pt; line-height: 13pt; letter-spacing: -0.05pt; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">capitalgroup.com/mutual-fund-literature-R6</div></div> or upon request at <div style="display:inline;">(800) 421-4225</div><div style="display:inline;">.</div>
2025-04-01
capitalgroup.com/mutual-fund-literature-R6
(800) 421-4225
Effective June 1, 2025, the fund name is EUPAC Fund.
Results assume all distributions are reinvested. Any market index shown is unmanaged, and therefore, has no expenses. Investors cannot invest directly in an index. Source(s): MSCI.
Investment results assume all distributions are reinvested and reflect applicable fees and expenses. When applicable, results reflect fee waivers and/or expense reimbursements, without which they would have been lower.
Class T shares were first offered on April 7, 2017.
Class F-3 shares were first offered on January 27, 2017.
Class 529-T shares were first offered on April 7, 2017.
Class 529-F-2 shares were first offered on October 30, 2020.
Class 529-F-3 shares were first offered on October 30, 2020.