American Funds® Global Insight Fund
Investment portfolio
July 31, 2026
unaudited
 
Common stocks 96.91%
Information technology 29.10%
 
Shares
Value
(000)
Broadcom, Inc.
2,467,384
$960,503
Taiwan Semiconductor Manufacturing Co., Ltd. (ADR)
1,884,561
761,834
Microsoft Corp.
1,630,837
757,883
Apple, Inc.
2,131,109
658,321
ASML Holding NV
327,551
541,719
SK hynix, Inc. (GDR)
399,010
480,816
NVIDIA Corp.
2,195,117
440,670
Micron Technology, Inc.
314,484
258,830
SAP SE
1,127,281
204,972
KLA Corp.
998,090
182,471
TDK Corp.
7,397,875
139,862
Applied Materials, Inc.
248,217
126,012
Keyence Corp.
234,010
119,355
Intel Corp. (a)
1,158,299
104,479
Palo Alto Networks, Inc. (a)
276,694
91,815
Amphenol Corp., Class A
509,845
81,932
Tokyo Electron, Ltd.
224,500
78,312
NEC Corp.
1,874,300
55,838
Disco Corp.
149,800
55,060
Halma PLC
1,054,382
50,163
Shopify, Inc., Class A, subordinate voting shares (a)
281,305
32,955
Cisco Systems, Inc.
179,859
20,862
Constellation Software, Inc.
8,887
19,037
Cadence Design Systems, Inc. (a)
37,005
12,582
Fair Isaac Corp. (a)
8,548
9,599
Fujitsu, Ltd.
180,500
4,151
 
6,250,033
Industrials 17.91%
 
 
 
General Electric Co.
1,249,932
450,063
Safran SA
889,035
346,925
Rolls-Royce Holdings PLC
16,328,353
323,012
GE Vernova, Inc.
285,751
282,976
Airbus SE, non-registered shares
848,620
197,870
Hitachi, Ltd.
5,626,400
186,256
RTX Corp.
795,139
171,130
DSV A/S
674,092
146,164
ITT, Inc.
614,779
120,484
Mitsubishi Corp.
3,701,400
111,108
BAE Systems PLC
3,843,961
108,484
Bombardier, Inc., Class B (a)
450,112
108,443
Ingersoll-Rand, Inc.
1,273,379
106,174
Siemens AG
263,637
85,929
Northrop Grumman Corp.
150,371
81,573
Paychex, Inc.
670,668
78,361
HEICO Corp.
131,544
46,877
American Funds Global Insight Fund — Page 1 of 8
unaudited
Common stocks (continued)
Industrials (continued)
 
Shares
Value
(000)
HEICO Corp., Class A
122,045
$31,400
RELX PLC
2,171,827
76,309
ABB, Ltd.
735,796
72,374
Recruit Holdings Co., Ltd.
912,200
71,953
Ryanair Holdings PLC (ADR)
1,133,919
66,346
Schneider Electric SE
195,407
65,257
AMETEK, Inc.
249,460
60,297
United Rentals, Inc.
51,245
55,307
IHI Corp.
2,870,200
51,007
ITOCHU Corp.
3,605,000
45,633
Rheinmetall AG, non-registered shares
31,714
41,691
Compagnie de Saint-Gobain SA, non-registered shares
429,575
40,263
Lennox International, Inc.
94,931
39,480
TransDigm Group, Inc.
28,745
36,057
Epiroc AB, Class A
1,322,878
33,912
ATI, Inc. (a)
170,441
31,947
Canadian National Railway Co.
214,785
27,311
Daikin Industries, Ltd.
116,100
16,999
Crane Co.
51,630
11,021
Trane Technologies PLC
23,296
10,598
UL Solutions, Inc., Class A
84,192
7,715
Mobility Global Inc. (a)
86,436
1,762
 
3,846,468
Financials 13.16%
 
 
 
JPMorgan Chase & Co.
1,370,385
482,088
DBS Group Holdings, Ltd.
4,677,435
269,971
UniCredit SpA
2,671,856
251,445
Mastercard, Inc., Class A
349,849
200,498
Visa, Inc., Class A
403,285
147,655
Standard Chartered PLC (GBP denominated)
4,737,343
139,698
Euronext NV
726,104
132,797
Marsh & McLennan Cos., Inc.
681,339
129,243
Hong Kong Exchanges and Clearing, Ltd.
2,142,000
111,601
Skandinaviska Enskilda Banken AB, Class A
4,248,958
99,640
Aon PLC, Class A
274,842
99,094
Tokio Marine Holdings, Inc.
1,802,800
91,939
Japan Post Bank Co., Ltd.
4,561,200
89,186
Deutsche Boerse AG
266,024
80,465
Arch Capital Group, Ltd. (a)
685,297
68,893
Munchener Ruckversicherungs-Gesellschaft AG
113,610
68,413
S&P Global, Inc.
115,863
47,727
Arthur J. Gallagher & Co.
188,539
47,025
NatWest Group PLC
4,462,019
42,445
Chubb, Ltd.
113,193
39,695
Banco Santander SA
2,576,023
36,591
KKR & Co., Inc.
350,841
35,586
Intact Financial Corp.
145,778
28,623
AIA Group, Ltd.
2,594,800
26,221
BNP Paribas SA
169,223
21,399
T&D Holdings, Inc.
639,500
20,450
Bank of America Corp.
178,731
11,072
American Funds Global Insight Fund — Page 2 of 8
unaudited
Common stocks (continued)
Financials (continued)
 
Shares
Value
(000)
Deutsche Bank AG
126,358
$4,645
London Stock Exchange Group PLC
20,855
2,360
 
2,826,465
Health care 7.86%
 
 
 
AstraZeneca PLC (GBP denominated)
1,756,003
298,956
Eli Lilly and Co.
151,119
173,611
Abbott Laboratories
1,220,529
129,010
Amgen, Inc.
327,840
126,271
BeOne Medicines, Ltd. (ADR) (a)
374,007
118,190
AbbVie, Inc.
467,403
117,290
Merck & Co., Inc.
779,883
101,541
Vertex Pharmaceuticals, Inc. (a)
168,441
80,363
Danaher Corp.
371,973
72,527
EssilorLuxottica SA
368,564
69,723
Chugai Pharmaceutical Co., Ltd.
1,480,900
64,521
HOYA Corp.
338,300
52,466
Jiangsu Hengrui Pharmaceutical Co., Ltd., Class H
6,997,017
50,945
CVS Health Corp.
487,000
50,857
Mettler-Toledo International, Inc. (a)
31,916
45,203
UnitedHealth Group, Inc.
90,153
37,359
Roche Holding AG, nonvoting shares
74,999
32,803
Royalty Pharma PLC, Class A
437,840
25,583
Align Technology, Inc. (a)
141,333
23,908
Cytokinetics, Inc. (a)
161,996
12,495
Novo Nordisk AS, Class B
96,279
4,552
 
1,688,174
Consumer discretionary 7.33%
 
 
 
Amazon.com, Inc. (a)
1,586,842
430,954
Royal Caribbean Cruises, Ltd.
653,195
207,912
LVMH Moet Hennessy-Louis Vuitton SE
268,943
147,359
Aramark
1,604,144
91,388
Sony Group Corp.
3,456,900
82,281
Panasonic Holdings Corp.
2,974,100
80,079
Industria de Diseno Textil SA
1,130,019
73,546
Chipotle Mexican Grill, Inc. (a)
1,725,768
64,233
Alibaba Group Holding, Ltd.
3,493,000
52,112
Hilton Worldwide Holdings, Inc.
160,601
51,471
MercadoLibre, Inc. (a)
27,130
50,949
Burlington Stores, Inc. (a)
123,334
45,446
Yum! Brands, Inc.
233,512
35,793
TJX Cos., Inc. (The)
214,103
33,687
Norwegian Cruise Line Holdings, Ltd. (a)
1,501,708
27,827
Marriott International, Inc., Class A
48,054
17,916
Starbucks Corp.
155,661
16,383
Sumitomo Electric Industries, Ltd.
1,150,980
15,799
Moncler SpA
261,733
14,819
H World Group, Ltd.
3,076,200
13,054
Booking Holdings, Inc.
57,121
11,019
Carvana Co., Class A (a)
154,665
9,645
 
1,573,672
American Funds Global Insight Fund — Page 3 of 8
unaudited
Common stocks (continued)
Communication services 7.28%
 
Shares
Value
(000)
Alphabet, Inc., Class A
1,897,500
$675,757
Alphabet, Inc., Class C
1,017,252
362,803
Meta Platforms, Inc., Class A
426,336
237,346
Tencent Holdings, Ltd.
1,962,800
118,933
Swisscom AG
63,590
48,924
Nintendo Co., Ltd.
671,000
32,385
Spotify Technology SA (a)
52,947
26,470
Netflix, Inc. (a)
353,660
25,361
Koninklijke KPN NV
3,166,904
15,013
Singapore Telecommunications, Ltd.
3,083,400
10,675
AppLovin Corp., Class A (a)
26,400
10,452
 
1,564,119
Utilities 4.61%
 
 
 
Engie SA
7,685,570
240,266
RWE AG
3,356,946
221,347
Constellation Energy Corp.
481,424
126,494
CenterPoint Energy, Inc.
2,755,298
115,833
Atmos Energy Corp.
533,431
92,166
Veolia Environnement SA
2,174,216
86,423
Iberdrola SA, non-registered shares
3,424,942
81,557
Sempra
304,031
26,922
 
991,008
Consumer staples 3.99%
 
 
 
Philip Morris International, Inc.
1,211,313
231,143
Danone SA
1,704,004
132,675
British American Tobacco PLC
1,677,285
103,308
L’Oreal SA, non-registered shares
224,392
100,126
Nestle SA
781,021
78,261
Mondelez International, Inc., Class A
976,989
60,876
Costco Wholesale Corp.
53,192
50,633
Keurig Dr Pepper, Inc.
1,316,282
40,963
Carlsberg A/S, Class B
138,341
20,407
Coca-Cola Co.
213,423
18,694
Anheuser-Busch InBev SA/NV
156,507
13,572
Constellation Brands, Inc., Class A
53,128
6,919
 
857,577
Materials 2.37%
 
 
 
Linde PLC
245,393
117,391
Glencore PLC
12,779,551
93,524
Air Liquide SA
460,090
90,576
Barrick Mining Corp. (CAD denominated)
1,921,229
70,512
Air Products and Chemicals, Inc.
144,222
42,530
Shin-Etsu Chemical Co., Ltd.
896,300
32,674
Wheaton Precious Metals Corp. (CAD denominated)
268,027
29,153
Freeport-McMoRan, Inc.
282,325
17,682
BASF SE
249,437
14,497
 
508,539
Energy 2.30%
 
 
 
TotalEnergies SE (EUR denominated)
2,536,090
223,490
ExxonMobil Holdings Corp.
629,085
97,785
TC Energy Corp. (CAD denominated)
719,747
48,468
American Funds Global Insight Fund — Page 4 of 8
unaudited
Common stocks (continued)
Energy (continued)
 
Shares
Value
(000)
EQT Corp.
775,074
$41,304
South Bow Corp.
852,796
31,621
ConocoPhillips
256,734
30,931
Repsol, SA non-registered shares
394,223
11,992
Cameco Corp. (CAD denominated)
101,459
8,756
 
494,347
Real estate 1.00%
 
 
 
Welltower, Inc. REIT
917,051
214,993
Total common stocks (cost: $13,372,542,000)
20,815,395
Convertible stocks 0.14%
Communication services 0.14%
 
 
 
Alphabet, Inc., Class B, convertible preferred shares, 6.25% 5/15/2029
298,100
14,964
Alphabet, Inc., Class A, convertible preferred shares, 6.25% 5/15/2029
298,100
14,953
Total convertible stocks (cost: $29,810,000)
29,917
Short-term securities 2.86%
Money market investments 2.86%
 
 
 
Capital Group Central Cash Fund 3.70% (b)(c)
6,146,800
614,742
Total short-term securities (cost: $614,626,000)
614,742
Total investment securities 99.91% (cost: $14,016,978,000)
21,460,054
Other assets less liabilities 0.09%
18,997
Net assets 100.00%
$21,479,051
Investments in affiliates (c)
 
 
Value at
11/1/2025
(000)
Additions
(000)
Reductions
(000)
Net
realized
gain (loss)
(000)
Net
unrealized
appreciation
(depreciation)
(000)
Value at
7/31/2026
(000)
Dividend
or interest
income
(000)
Short-term securities 2.86%
Money market investments 2.86%
Capital Group Central Cash Fund 3.70% (b)
$977,005
$2,706,722
$3,068,915
$47
$(117
)
$614,742
$21,861
 
(a)
Non-income producing.
(b)
Rate represents the seven-day yield at 7/31/2026.
(c)
Affiliate of the fund or part of the same “group of investment companies“ as the fund, as defined under the Investment Company Act of 1940, as amended.
American Funds Global Insight Fund — Page 5 of 8
unaudited
Valuation disclosures
Capital Research and Management Company (“CRMC”), the fund’s investment adviser, values the fund’s investments at fair value as defined by accounting principles generally accepted in the United States of America. The net asset value per share is calculated once daily as of the close of regular trading on the New York Stock Exchange, normally 4 p.m. New York time, each day the New York Stock Exchange is open. Security transactions are recorded by the fund as of the date the trades are executed with brokers.
Methods and inputs — The fund’s investment adviser uses the following methods and inputs to establish the fair value of the fund’s assets and liabilities. Use of particular methods and inputs may vary over time based on availability and relevance as market and economic conditions evolve.
Equity securities, including depositary receipts, are generally valued at the official closing price of, or the last reported sale price on, the exchange or market on which such securities are traded, as of the close of business on the day the securities are being valued or, lacking any sales, at the last available bid price. Prices for each security are taken from the principal exchange or market on which the security trades.
Fixed-income securities, including short-term securities, are generally valued at evaluated prices obtained from third-party pricing vendors. Vendors value such securities based on one or more of the inputs described in the following table. The table provides examples of inputs that are commonly relevant for valuing particular classes of fixed-income securities in which the fund is authorized to invest. However, these classifications are not exclusive, and any of the inputs may be used to value any other class of fixed-income security. 
Fixed-income class
Examples of standard inputs
All
Benchmark yields, transactions, bids, offers, quotations from dealers and
trading systems, new issues, spreads and other relationships observed in
the markets among comparable securities; and proprietary pricing
models such as yield measures calculated using factors such as cash flows,
financial or collateral performance and other reference data (collectively
referred to as “standard inputs”)
Corporate bonds, notes & loans; convertible securities
Standard inputs and underlying equity of the issuer
Bonds & notes of governments & government agencies
Standard inputs and interest rate volatilities
Mortgage-backed; asset-backed obligations
Standard inputs and cash flows, prepayment information, default rates,
delinquency and loss assumptions, collateral characteristics, credit
enhancements and specific deal information
Securities with both fixed-income and equity characteristics, or equity securities traded principally among fixed-income dealers, are generally valued in the manner described for either equity or fixed-income securities, depending on which method is deemed most appropriate by the fund’s investment adviser. The Capital Group Central Cash Fund (“CCF”), a fund within the Capital Group Central Fund Series (“Central Funds“), is valued based upon a floating net asset value, which fluctuates with changes in the value of CCF’s portfolio securities. The underlying securities are valued based on the policies and procedures in CCF’s statement of additional information.
Securities and other assets for which representative market quotations are not readily available or are considered unreliable by the fund’s investment adviser are fair valued as determined in good faith under fair valuation guidelines adopted by the fund’s investment adviser and approved by the board of trustees as further described. The investment adviser follows fair valuation guidelines, consistent with U.S. Securities and Exchange Commission rules and guidance, to consider relevant principles and factors when making fair value determinations. The investment adviser considers relevant indications of value that are reasonably and timely available to it in determining the fair value to be assigned to a particular security, such as the type and cost of the security, restrictions on resale of the security, relevant financial or business developments of the issuer, actively traded similar or related securities, dealer or broker quotes, conversion or exchange rights on the security, related corporate actions, significant events occurring after the close of trading in the security, and changes in overall market conditions. In addition, the closing prices of equity securities that trade in markets outside U.S. time zones may be adjusted to reflect significant events that occur after the close of local trading but before the net asset value of each share class of the fund is determined. Fair valuations of investments that are not actively trading involve judgment and may differ materially from valuations that would have been used had greater market activity occurred.
American Funds Global Insight Fund — Page 6 of 8
unaudited
Processes and structure — The fund’s board of trustees has designated the fund’s investment adviser to make fair value determinations, subject to board oversight. The investment adviser has established a Joint Fair Valuation Committee (the “Committee”) to administer, implement and oversee the fair valuation process and to make fair value decisions. The Committee regularly reviews its own fair value decisions, as well as decisions made under its standing instructions to the investment adviser’s valuation team. The Committee reviews changes in fair value measurements from period to period, pricing vendor information and market data, and may, as deemed appropriate, update the fair valuation guidelines to better reflect the results of back testing and address new or evolving issues. Pricing decisions, processes and controls over security valuation are also subject to additional internal reviews facilitated by the investment adviser’s global risk management group. The Committee reports changes to the fair valuation guidelines to the board of trustees. The fund’s board and audit committee also regularly review reports that describe fair value determinations and methods.
Classifications — The fund’s investment adviser classifies the fund’s assets and liabilities into three levels based on the inputs used to value the assets or liabilities. Level 1 values are based on quoted prices in active markets for identical securities. Level 2 values are based on significant observable market inputs, such as quoted prices for similar securities and quoted prices in inactive markets. Certain securities trading outside the U.S. may transfer between Level 1 and Level 2 due to valuation adjustments resulting from significant market movements following the close of local trading. Level 3 values are based on significant unobservable inputs that reflect the investment adviser’s determination of assumptions that market participants might reasonably use in valuing the securities. The valuation levels are not necessarily an indication of the risk or liquidity associated with the underlying investment. For example, U.S. government securities are reflected as Level 2 because the inputs used to determine fair value may not always be quoted prices in an active market. The fund’s valuation levels as of July 31, 2026, were as follows (dollars in thousands): 
 
Investment securities
 
Level 1
Level 2
Level 3
Total
Assets:
Common stocks:
Information technology
$5,769,217
$480,816
$—
$6,250,033
Industrials
3,846,468
—
—
3,846,468
Financials
2,826,465
—
—
2,826,465
Health care
1,688,174
—
—
1,688,174
Consumer discretionary
1,493,593
80,079
—
1,573,672
Communication services
1,564,119
—
—
1,564,119
Utilities
991,008
—
—
991,008
Consumer staples
857,577
—
—
857,577
Materials
508,539
—
—
508,539
Energy
494,347
—
—
494,347
Real estate
214,993
—
—
214,993
Convertible stocks
29,917
—
—
29,917
Short-term securities
614,742
—
—
614,742
Total
$20,899,159
$560,895
$—
$21,460,054
 
Key to abbreviation(s)
ADR = American Depositary Receipts
CAD = Canadian dollars
EUR = Euros
GBP = British pounds
GDR = Global Depositary Receipts
REIT = Real Estate Investment Trust
American Funds Global Insight Fund — Page 7 of 8
unaudited
Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so they may lose value.
Investors should carefully consider investment objectives, risks, charges and expenses. This and other important information is contained in the fund prospectus and summary prospectus, which can be obtained from your financial professional and should be read carefully before investing. You may also call American Funds Service Company (AFS) at (800) 421-4225 or visit the Capital Group website at capitalgroup.com.
All Capital Group trademarks mentioned are owned by The Capital Group Companies, Inc., an affiliated company or fund. All other company and product names mentioned are the property of their respective companies.
Capital Client Group, Inc., member FINRA.
© 2026 Capital Group. All rights reserved.
MFGEFP3-122-0926
American Funds Global Insight Fund — Page 8 of 8