CAPITAL INTERNATIONAL FUND

CAPITAL GROUP GLOBAL EQUITY FUND (LUX)

CAPITAL GROUP JAPAN EQUITY FUND (LUX)
CAPITAL GROUP WORLD DIVIDEND GROWERS (LUX)
CAPITAL GROUP GLOBAL GROWTH AND INCOME FUND (LUX)
CAPITAL GROUP EUROPEAN GROWTH AND INCOME FUND (LUX)
CAPITAL GROUP GLOBAL ALLOCATION FUND (LUX)
CAPITAL GROUP GLOBAL HIGH INCOME OPPORTUNITIES (LUX)
CAPITAL GROUP GLOBAL BOND FUND (LUX)
CAPITAL GROUP EURO BOND FUND (LUX)
CAPITAL GROUP EURO CORPORATE BOND FUND (LUX)
CAPITAL GROUP NEW PERSPECTIVE FUND (LUX)
CAPITAL GROUP INVESTMENT COMPANY OF AMERICA (LUX)
CAPITAL GROUP NEW WORLD FUND (LUX)
CAPITAL GROUP GLOBAL INTERMEDIATE BOND FUND (LUX)
CAPITAL GROUP US CORPORATE BOND FUND (LUX)
CAPITAL GROUP AMCAP FUND (LUX)
CAPITAL GROUP US HIGH YIELD FUND (LUX)
CAPITAL GROUP GLOBAL CORPORATE BOND FUND (LUX)
CAPITAL GROUP CAPITAL INCOME BUILDER (LUX)
CAPITAL GROUP EMERGING MARKETS DEBT FUND (LUX)*
CAPITAL GROUP EMERGING MARKETS LOCAL CURRENCY DEBT FUND (LUX)*
CAPITAL GROUP EMERGING MARKETS TOTAL OPPORTUNITIES (LUX)*
CAPITAL GROUP EMERGING MARKETS GROWTH FUND (LUX)*

ESTABLISHED IN LUXEMBOURG

SINGAPORE PROSPECTUS

This Singapore replacement prospectus dated 10 April 2019 (“Singapore Prospectus”) is a first
replacement prospectus lodged pursuant to Section 298 of the Securities and Futures Act,
Chapter 289 of Singapore, which replaces the Singapore prospectus registered by the Monetary
Authority of Singapore on 10 January 2019 (“Registered Prospectus”).

This Singapore Prospectus incorporates and is not valid without the attached Luxembourg prospectus
dated March 2019 for Capital International Fund (the “Luxembourg Prospectus”). Capital International
Fund is an open-ended investment company constituted outside Singapore, organised as a société
anonyme under the laws of Luxembourg and which qualifies as a société d’investissement à capital
variable. Capital International Fund has appointed Capital International, Inc., Singapore Branch, as its
Singapore Representative and agent for service of process in Singapore. Details of the Singapore
Representative can be found in paragraph 2 of this Singapore Prospectus.

*These Funds have not been launched as of the registration date of the Registered Prospectus. Please refer to
page 7 of this Singapore Prospectus for further details.
 CAPITAL INTERNATIONAL FUND

DIRECTORY

BOARD OF DIRECTORS2
Luis Freitas de Oliveira (Chair)
Thomas Hogh
Maurizio Lualdi
Mark Brubaker
Michael Thawley

REGISTERED OFFICE
6C, route de Trèves, L–2633 Senningerberg, Grand-Duchy of Luxembourg

MANAGEMENT COMPANY
Capital International Management Company Sàrl
37A, avenue John F. Kennedy, L-1855 Luxembourg

INVESTMENT ADVISERS

Capital Research & Management Company

333, South Hope Street, Los Angeles, CA 90071, USA

Capital International, Inc.

11100 Santa Monica Boulevard, 15th Floor
Los Angeles, CA 90025-3384, USA

INVESTMENT ADVISER AND SUB-ADVISER

Capital International Sàrl
3, place des Bergues, 1201 Geneva, Switzerland

DEPOSITARY, CUSTODIAN, PAYING AGENT AND ADMINISTRATIVE MANAGER

J. P. Morgan Bank Luxembourg S.A.
European Bank & Business Centre
6C, route de Trèves, L–2633 Senningerberg, Luxembourg

SINGAPORE REPRESENTATIVE
Capital International, Inc., Singapore Branch
One Raffles Quay, 33rd floor North Tower, Singapore 048583

AGENT FOR SERVICE OF PROCESS IN SINGAPORE

Capital International, Inc., Singapore Branch
One Raffles Quay, 33rd floor North Tower, Singapore 048583

AUDITORS
PricewaterhouseCoopers Société Coopérative
2, rue Gerhard Mercator B.P. 1443 L-1014 Luxembourg

LEGAL ADVISERS AS TO SINGAPORE LAW

Shook Lin & Bok LLP
1 Robinson Road, #18-00 AIA Tower, Singapore 048542

2 Joanna Jonsson is no longer on the Board of Directors with effect from 1 November 2018.
i
 IMPORTANT INFORMATION

The collective investment schemes offered in this Singapore Prospectus are each a recognised scheme
under the Securities and Futures Act, Chapter 289 of Singapore (the “SFA”).

A copy of the Registered Prospectus has been lodged with and registered by the Monetary Authority of
Singapore (the “MAS”). The MAS assumes no responsibility for the contents of this Singapore
Prospectus and the registration of the Registered Prospectus by the MAS does not imply that the SFA
or any other legal or regulatory requirements have been complied with. The MAS has not, in any way,
considered the investment merits of the relevant Fund.

This Singapore Prospectus is a first replacement prospectus lodged with the MAS on 10 April
2019. This Singapore Prospectus replaces the Registered Prospectus that was registered with the
MAS on 10 January 2019. This Singapore Prospectus shall be valid up to and including 9 January
2020 and shall expire on 10 January 2020.

No other action has been taken to permit the distribution of this Singapore Prospectus in any other
jurisdiction, whether by registering the Singapore Prospectus or the shares (the “Shares”) in the sub-
funds (the “Funds”) of Capital International Fund (the "Company"). The distribution of this Singapore
Prospectus and the offering or sale of the Shares in the Funds in some jurisdictions may be restricted
or prohibited. Persons who have possession of this Singapore Prospectus must inform themselves
about and observe such restrictions or prohibitions.

The Company is approved by the Luxembourg Commission de Surveillance du Secteur Financier (the
“CSSF”) and was incorporated in Luxembourg as a Société Anonyme d’Investissement on 30
December 1969 and became a société d’investissement à capital variable (the “SICAV”) on 28 March
1989 for an indefinite period under Part I of the Luxembourg law of 17 December 2010 on collective
investment undertakings, as may be amended (the “Law”). The Company is authorised by the CSSF
as an Undertaking for Collective Investment in Transferable Securities ("UCITS") according to the
Directive 2009/65/EC of the European Parliament and of the Council of 13 July 2009 on the coordination
of laws, regulations and administrative provisions relating to undertakings for collective investments in
transferable securities, as may be amended. The Funds have also been approved by the CSSF.

Each Fund is a separate portfolio of securities managed in accordance with specific investment
objectives. Separate classes of Shares may be issued in relation to a Fund.

The board of directors of the Company (the “Board of Directors”) accepts full responsibility for the
accuracy of the information set out in this Singapore Prospectus and confirm, having made all
reasonable enquiries, that to the best of their knowledge and belief, the statements contained in this
Singapore Prospectus are in every material respect true and accurate and not misleading and there are
no other facts the omission of which would make any statement in this Singapore Prospectus misleading.

This Singapore Prospectus does not constitute an offer or solicitation for the purchase of Shares in any
of the Funds to anyone in any jurisdiction in which such offer or solicitation is not authorised or to any
person to whom it is unlawful to make such offer or solicitation and may be used only in connection with
this offering of Shares by the Company or their appointed agents or distributors. No representation is
made as to the tax status of the Company and the Funds.

This Singapore Prospectus incorporates and is not valid without the Luxembourg Prospectus. Unless
the context otherwise requires, terms defined in the Luxembourg Prospectus shall have the same
meaning when used in this Singapore Prospectus except where specifically provided for by this
Singapore Prospectus. Certain defined terms can be found in the section headed “Definitions and
References” of the Luxembourg Prospectus.

Investors should seek independent professional advice to ascertain (i) the possible tax consequences,
(ii) the legal requirements and (iii) any foreign exchange restrictions or exchange control requirements
which they may encounter under the laws of the countries of their citizenship, residence or domicile,
which may be relevant to the subscription, holding or disposal of Shares.

Investors should note that: (a) the Funds may invest in derivative instruments under the
conditions laid down by law, regulations and administrative practice and unless otherwise
ii
indicated in the relevant Appendix to this Singapore Prospectus, derivatives will only be used for
the purposes of hedging and/or efficient portfolio management; and (b) the Board of Directors
does not expect the Funds to have significant higher volatility as a result of such use of derivative
instruments.

Singapore investors should note that by subscribing, each Singapore investor authorises the relevant
Fund and its transfer agent to release to the Singapore Representative the personal information
required to enable the Singapore Representative to maintain a subsidiary register of Singapore
Shareholders or any other appropriate facility in order to enable the inspection or extraction of
information by Singapore Shareholders, as required by Singapore law.

For the purposes of the Personal Data Protection Act 2012 of Singapore (the “PDPA”), the investor
consents and acknowledges that personal data provided by the investor to the Company and/or the
Management Company (whether directly or through their appointed agent or distributor), or otherwise
collected by or on behalf of a Recipient (as defined below) in connection with the subscription for Shares,
including any personal data relating to third party individuals (e.g., beneficial owners, directors or
authorised signatories of investors who are not individuals) (the “Data”) may be held by the Company,
the Management Company and/or their related companies (each a “Recipient”) and/or third party
engaged by a Recipient to provide administrative, computer or other services. Each of the foregoing
persons may collect, use, disclose, process and maintain such Data for purposes in connection with
the administration, operation, processing or management of the Shares or a Fund. Where an investor
provides to a Recipient personal data relating to third party individuals, that investor warrants that the
prior consent of such third party individual, which will allow a Recipient to collect, use and disclose that
personal data has been obtained, and consents and acknowledges to all such collection, use and
disclosure on behalf of that third party individual. Subject to applicable laws and regulations, such Data
may be transferred to Luxembourg. All such Data may be retained after Shares held by the relevant
Shareholder have been redeemed. The Data collected may be maintained for such period of time which
may be required under applicable laws and as otherwise needed to fulfil the purposes set out above.
All individual investors have a right of access and of rectification of the Data in cases where such Data
is incorrect or incomplete.

Further information on the treatment of investors' personal data can be found under the section headed
“Personal Data”, of the Luxembourg Prospectus.

Investors are advised to carefully consider the risk factors set out under the section headed “Risk
Warnings” in the Luxembourg Prospectus and the section headed “Specific Risks” in each relevant
Annex 2 to the Luxembourg Prospectus, and to refer to paragraph 10 of this Singapore Prospectus.
Investors should note that because their investments can be volatile and that the value of Shares may
decline as well as appreciate, there can be no assurance that the Funds will be able to attain their
objectives. The prices of Shares as well as income from them may go up as well as down to reflect
changes in the net asset value of the Funds. An investment should only be made by those persons who
can sustain losses in their investments. Investors should also satisfy themselves of the suitability to
them of an investment in the Funds based on their personal circumstances.

If you are in any doubt about the contents of this Singapore Prospectus, you should consult your
stockbroker, bank manager, solicitor, accountant or other independent financial adviser. The Shares
are offered on the basis of the information contained in this Singapore Prospectus and the documents
referred to in this Singapore Prospectus. No person is authorised to give any information or to make
any representations concerning the Company or the Funds other than as contained in this Singapore
Prospectus. Any purchase made by any person on the basis of statements or representations not
contained in or inconsistent with the information and representations contained in this Singapore
Prospectus will be solely at the risk of the purchaser.

The delivery of this Singapore Prospectus or the issue of Shares shall not, under any circumstances,
create any implication that the affairs of the Company and/or the Funds have not changed since the
date of registration of the Registered Prospectus. To reflect material changes, this Singapore
Prospectus may be updated from time to time and investors should investigate whether any more recent
Singapore Prospectus is available.

The Shares are capital markets products other than prescribed capital markets products (as defined in
the Securities and Futures (Capital Markets Products) Regulations 2018) and Specified Investment

iii
Products (as defined in MAS Notice SFA 04-N12: Notice on the Sale of Investment Products and MAS
Notice FAA-N16: Notice on Recommendations on Investment Products).

For enquiries in relation to the Company or any Fund, investors may contact the Singapore
Representative at One Raffles Quay, 33rd floor North Tower, Singapore 048583, Tel: +65-6535-3777,
or any appointed Singapore distributors.

IMPORTANT: PLEASE READ AND RETAIN THIS SINGAPORE PROSPECTUS FOR FUTURE
REFERENCE.

iv
 CAPITAL INTERNATIONAL FUND

Table of Contents
Contents Page

DIRECTORY .................................................................................................................................... I
IMPORTANT INFORMATION......................................................................................................... II
1. BASIC INFORMATION......................................................................................................... 7
2. SINGAPORE REPRESENTATIVE ..................................................................................... 12
3. INVESTMENT ADVISERS.................................................................................................. 12
4. DEPOSITARY, CUSTODIAN, PAYING AGENT AND ADMINISTRATIVE MANAGER ... 13
5. THE REGISTRAR AND REGISTER OF SHAREHOLDERS ............................................. 14
6. AUDITOR ............................................................................................................................ 14
7. INVESTMENT OBJECTIVE, POLICY AND STRATEGY .................................................. 15
8. INCLUSION UNDER THE CPFIS....................................................................................... 15
9. FEES, CHARGES AND EXPENSES ................................................................................. 16
10. RISK FACTORS ................................................................................................................. 16
11. SUBSCRIPTION AND ISSUE OF SHARES ...................................................................... 29
12. REDEMPTIONS.................................................................................................................. 35
13. SWITCHING........................................................................................................................ 40
14. OBTAINING PRICE INFORMATION ................................................................................. 41
15. SUSPENSION OF DETERMINATION OF NET ASSET VALUE AND OF ISSUE, SWITCH
AND REDEMPTION OF SHARES ................................................................................................ 41
16. PERFORMANCE OF THE FUNDS .................................................................................... 41
17. EXPENSE RATIOS AND TURNOVER RATIOS OF THE FUNDS .................................... 41
18. SOFT DOLLAR COMMISSIONS OR ARRANGEMENTS ................................................. 46
19. CONFLICTS OF INTEREST............................................................................................... 46
20. REPORTS ........................................................................................................................... 47
21. CERTAIN SINGAPORE TAX CONSIDERATIONS ........................................................... 47
22. USE OF DERIVATIVE INSTRUMENTS ............................................................................. 47
23. DISSOLUTION OF THE COMPANY .................................................................................. 48
24. VALUATION ....................................................................................................................... 48
25. QUERIES AND COMPLAINTS .......................................................................................... 48
26. OTHER MATERIAL INFORMATION ................................................................................. 48
APPENDIX 1 ................................................................................................................................. 49
APPENDIX 2 ................................................................................................................................. 52
APPENDIX 3 ................................................................................................................................. 55
APPENDIX 4 ................................................................................................................................. 58
APPENDIX 5.................................................................................................................................. 61
APPENDIX 6 ................................................................................................................................. 64
APPENDIX 7 ................................................................................................................................. 67
v
APPENDIX 8 ................................................................................................................................. 72
APPENDIX 9 ................................................................................................................................. 75
APPENDIX 10 ............................................................................................................................... 78
APPENDIX 11 ............................................................................................................................... 81
APPENDIX 12 ............................................................................................................................... 85
APPENDIX 13 ............................................................................................................................... 89
APPENDIX 14 ............................................................................................................................... 92
APPENDIX 15 ............................................................................................................................... 95
APPENDIX 16 ............................................................................................................................... 98
APPENDIX 17 ............................................................................................................................. 101
APPENDIX 18 ............................................................................................................................. 103
APPENDIX 19 ............................................................................................................................. 105
APPENDIX 20 ............................................................................................................................. 108
APPENDIX 21 ............................................................................................................................. 110
APPENDIX 22 ............................................................................................................................. 112
APPENDIX 23 ............................................................................................................................. 115

vi
 Capital International Fund

The collective investment schemes offered in this Singapore Prospectus, i.e., (1) Capital Group Global
Equity Fund (LUX) (“CGGELU”), (2) Capital Group Japan Equity Fund (LUX) (“CGJPELU”), (3) Capital
Group World Dividend Growers (LUX) (“CGWDGLU”), (4) Capital Group Global Growth and Income Fund
(LUX) (“CGGGILU”), (5) Capital Group European Growth and Income Fund (LUX) (“CGEGILU”), (6)
Capital Group Global Allocation Fund (LUX) (“CGGALU”), (7) Capital Group Global High Income
Opportunities (LUX) (“CGGHIOLU”), (8) Capital Group Global Bond Fund (LUX) (“CGGBLU”), (9) Capital
Group Euro Bond Fund (LUX) (“CGEBLU”), (10) Capital Group Euro Corporate Bond Fund (LUX)
(“CGECBLU”), (11) Capital Group New Perspective Fund (LUX) (“CGNPLU”), (12) Capital Group
Investment Company of America (LUX) (“CGICALU”), (13) Capital Group New World Fund (LUX)
(“CGNWLU”), (14) Capital Group Global Intermediate Bond Fund (LUX) (“CGGIBLU”), (15) Capital
Group US Corporate Bond Fund ("CGUSCBLU"), (16) Capital Group AMCAP Fund ("CGAMCAPLU"),
(17) Capital Group US High Yield Fund (LUX) (“CGUSHYLU”), (18) Capital Group Global Corporate
Bond Fund (LUX) (“CGGCBLU”), (19) Capital Group Capital Income Builder (LUX) (“CGCIBLU”), (20)
Capital Group Emerging Markets Debt Fund (LUX) (“CGEMDLU”), (21) Capital Group Emerging
Markets Local Currency Debt Fund (LUX) (“CGEMLCDLU”), (22) Capital Group Emerging Markets
Total Opportunities (LUX) (“CGETOPLU”) and (23) Capital Group Emerging Markets Growth Fund
(LUX) (“CGEMGLU”) (each a “Fund” and collectively, the “Funds”) are established as sub-funds of the
Company.

Investors should note that CGEMDLU, CGEMLCDLU, CGETOPLU and CGEMGLU (together, the
“Placeholder Funds”) are placeholder funds that correspond with existing recognised funds
that share the same name, namely Capital Group Emerging Markets Debt Fund (LUX), Capital
Group Emerging Markets Local Currency Debt Fund (LUX), Capital Group Emerging Markets
Total Opportunities (LUX) and Capital Group Emerging Markets Growth Fund (together, the
“Existing Funds”). Capital Group Emerging Markets Debt Fund (LUX), Capital Group Emerging
Markets Local Currency Debt Fund (LUX) and Capital Group Emerging Markets Total
Opportunities (LUX) are recognised sub-funds of the umbrella fund, Capital International
Portfolios, while Capital Group Emerging Markets Growth Fund is a recognised standalone fund.

As of the registration date of the Registered Prospectus, the Placeholder Funds have not been
launched. No offers of Shares in the Placeholder Funds are intended to be made until they are
launched.

Investors who wish to subscribe for shares in the Placeholder Funds prior to their respective
launch dates may, instead, wish to consider subscribing for the respective corresponding
Existing Funds. This is not to be construed as an offer of units in any Existing Fund and before
deciding whether to subscribe for any of the Existing Funds, investors should read the
prospectus and product highlights sheet of the relevant Existing Fund carefully and are advised
to consult their financial adviser(s) to help them assess the suitability of the relevant Existing
Fund. Hard copies of the prospectuses and product highlights sheets of the Existing Funds may
be obtained from the Singapore Representative.

1. BASIC INFORMATION

1.1 The Company

The Company is an open-ended investment company organised as a SICAV, whose registered

office is at 6C, route de Trèves, L–2633 Senningerberg, Grand-Duchy of Luxembourg.

The Company was incorporated on 30 December 1969 and became a SICAV on 28 March 1989
for an indefinite period under Part I of the Law. The Company is a UCITS regulated by the CSSF.

The Company's Articles of Incorporation, as amended, were published in the Mémorial Recueil
des Sociétés et Associations of the Grand Duchy of Luxembourg. A copy is available for
inspection upon request from the Singapore Representative during normal business hours and
at https://www.capitalgroup.com/asia.

7
 The Company is an umbrella type open-ended investment company which offers a group of
separated and distinct portfolios of securities or obligations, each of which being a Fund investing
in different securities or portfolios of securities in accordance with the investment objective
applicable to the relevant Fund. The range of Funds will allow investors to select and allocate
their assets in different investment opportunities under the Company.

1.2 Management and Administration of the Company

1.2.1 The Board of Directors of the Company

The Company’s Board of Directors is ultimately responsible for the management and
administration of the Company including the determination of its general investment
policies.

1.2.2 The Management Company

The Company’s Board of Directors has appointed Capital International Management

Company Sàrl (the “Management Company”) pursuant to a Management Company
Agreement dated 1 February 2013 to carry out the functions of management of the
Company. The Management Company shall be responsible for the investment
management, the administration and the implementation of the Company’s distribution
and marketing functions as prescribed in Annex II of the Law. The Management
Company is regulated by the CSSF.

The Management Company has been permitted by the Company to delegate, under the
Management Company’s supervision and control, certain administrative, distribution and
management/services functions to Affiliates (as defined in the Luxembourg Prospectus
to be “any entity which is (i) directly or indirectly owned, (ii) managed or (iii) controlled by
The Capital Group Companies, Inc. (the “Capital Group”) or service providers. The
delegations shall not prevent the effectiveness of supervision by the Management
Company.

The Management Company was incorporated under the Laws of Luxembourg on 28

September 1992. Its registered office is at 37A, avenue John F. Kennedy, L-1855
Luxembourg.

The Management Company has been managing collective investment schemes and
discretionary funds for 26 years.

Past performance of the Management Company is not necessarily indicative of the

future performance of the Company.

Full details of the Company are set out under the section headed “Capital International Fund –
General and Corporate Information” in the Luxembourg Prospectus.

1.3 Directors and Key Executives of the Management Company

Hamish Forsyth – Chairman

Mr. Forsyth is president - Europe at Capital Group Companies Global, part of Capital Group. He
has 26 years of investment industry experience, all with Capital Group. Earlier in his career, Mr.
Forsyth was part of the team that launched Capital Group’s mutual fund distribution activities
outside the U.S..

Mr. Forsyth holds a master’s degree with first-class honours in philosophy, politics and economics
from Trinity College, University of Oxford.

François Note - Director

Mr. Note is a director of finance and administration for Europe at Capital Group. He has 12 years
of investment industry experience, all with Capital Group. Prior to joining Capital Group, Mr. Note

8
 was chief financial officer of Clariant. Before that, he was chief financial officer of Hermes Europe
Railtel and head of group control for Sandoz and Novartis.

Mr. Note holds a master’s degree in applied economics from Paris Dauphine University and a
business degree from École Supérieure des Sciences Économiques et Commerciales.

Fabrice Remy – Director

Mr. Remy is a senior counsel at Capital Group. He has 23 years of investment industry experience
and has been with Capital Group for 16 years. Throughout his career at Capital Group, Mr.
Remy’s focus has been on legal, tax and compliance matters related to mutual funds and security
law issues. Prior to joining Capital Group, he worked as a lawyer for the law firms SG Archibald
(Andersen Legal) and SJ Berwin in Paris.

Mr. Remy has a postgraduate degree in international business and tax law from the Paris
Universities, as well as a postgraduate degree in finance and business administration from the
Institut Supérieur du Commerce of Paris. He is a qualified lawyer in France and a member of the
International Law Association.

Thomas B. Quantrille – Director

Thomas B. Quantrille is president and head of Asia business at Capital Group. He has 34 years
of investment industry experience and has been with Capital Group for 12 years. Prior to joining
Capital Group, Mr. Quantrille served as executive director, chief operating officer for Asia and
global head of emerging markets infrastructure for Morgan Stanley Investment Management in
New York and Tokyo. Before that, he worked for Merrill Lynch and Investment Dealers’ Digest
in New York.

Mr. Quantrille holds a bachelor’s degree in finance from Pace University.

Michael Sabbatini – Director

Mr. Sabbatini is a strategy and capital markets analyst at Capital Group, with global quantitative
and asset allocation research responsibilities. He has 21 years of investment experience, all with
Capital Group. Earlier in his career at Capital Group, he was a quantitative analyst and a
benchmark research analyst.

Mr. Sabbatini holds master’s degrees in economics from Yale University and Lausanne University
and holds a bachelor’s degree in economics from Lausanne University.

Peter Smith – Director

Mr. Smith is a Senior Business Manager and Vice President in the European Distribution
department at Capital Group. Prior to joining Capital Group in his current role, he was Group Head
of IT at F & C Asset Management and before that he was a Senior Manager for Application
Services at Capital Group for 8 years. Before joining Capital Group, he was a Management
Consultant at Diamond Consulting (now part of PricewaterhouseCoopers).

Mr. Smith has a combined honours bachelor’s degree in French and Italian from Exeter University,
GB.

1.4 The Funds

The Board of Directors may establish one or more sub-funds under the Company from time to
time. The Funds currently offered to investors in Singapore in this Singapore Prospectus are
CGGELU, CGJPELU, CGWDGLU, CGGGILU, CGEGILU, CGGALU, CGGHIOLU, CGGBLU,
CGEBLU, CGECBLU, CGNPLU, CGICALU, CGNWLU, CGGIBLU, CGUSCBLU, CGAMCAPLU,
CGUSHYLU, CGGCBLU, CGCIBLU, CGEMDLU 3 , CGEMLCDLU3, CGETOPLU3 and
CGEMGLU3.

3These Funds have not been launched as of the registration date of the Registered Prospectus. Please refer to
page 7 of this Singapore Prospectus for further details.
9
 The Classes

Shares of each Fund may be divided into Class A4 Shares, Class A7 Shares, Class A9 Shares,
Class A11 Shares, Class A13 Shares, Class A15 Shares, Class B Shares, Class C Shares, Class
P Shares, Class Z Shares and Class ZL Shares (each a “Class” and collectively the “Classes”).
In addition, some Classes of some Funds may be further divided into Equivalent Classes4, namely
Dividend-distributing Equivalent Classes, Hedged Equivalent Classes and Dividend-distributing
Hedged Equivalent Classes.

Equivalent Classes have the following additional features:

• A “Dividend-distributing Equivalent Class” is a Class, the characteristics and

features of which are equivalent to those of another Class, except as specifically
described under the section headed “The Classes” of the Luxembourg Prospectus in
respect of dividend distribution. Please refer to the section headed “Dividend Policy” of
the Luxembourg Prospectus for details. Such Class is marked by a “d”, “ad”, “fd” or
“gd”, depending on the applicable dividend methodology. Please refer to the section
headed “The Classes” of the Luxembourg Prospectus for more details.

• A “Hedged Equivalent Class” is a Class, the characteristics and features of which are
equivalent to those of another Class, except as specifically described under the section
headed “The Classes” of the Luxembourg Prospectus in respect of currency hedging.
This Class seeks to limit exposure of its Shareholders to currencies other than the
currency referred to in the relevant Class’s designation. Such Class is marked by a “h”
and a reference to the currency being hedged into. Please refer to the section headed
“The Classes” of the Luxembourg Prospectus for more details.

• A “Dividend-distributing Hedged Equivalent Class” is a Class, the characteristics and

features of which are equivalent to those of another Class, except as specifically
described under the section headed “The Classes” of the Luxembourg Prospectus in
respect of dividend distribution and currency hedging. Such Class is marked by a “dh”,
“adh”, “fdh” or “gdh” and a reference to the currency being hedged into. Please refer to
the section headed “The Classes” of the Luxembourg Prospectus for more details.

The Board of Directors may also create new share classes in a Fund from time to time.

As at the date of registration of the Registered Prospectus, Share Classes under the Funds that
have been established are:

1) CGGELU: Classes A4, A7, A9, A11, B, C, Z and Equivalent.

2) CGJPELU: Classes A4, A7, A9, A11, B, C, Z and Equivalent.

3) CGWDGLU: Classes A4, A7, A9, A11, B, C, Z and Equivalent.

4) CGGGILU: Classes A4, A7, A9, A11, B, C, Z and Equivalent.

5) CGEGILU: Classes A4, A7, A9, A11, B, C, Z and Equivalent.

6) CGGALU: Classes A4, A7, A9, A11, B, C, Z and Equivalent.

7) CGGHIOLU: Classes A4, A7, A9, A11, B, C, Z and Equivalent.

8) CGGBLU: Classes A4, A7, A9, A11, B, C, Z and Equivalent.

9) CGEBLU: Classes A4, A7, A9, A11, B, C, Z and Equivalent.

4 An “Equivalent Class” is a Class, the characteristics and features of which are equivalent to those of
another Class, except as specifically described otherwise under the section headed “The Classes” of the
Luxembourg Prospectus in connection with the relevant Equivalent Class.
10
 10) CGECBLU: Classes A4, A7, A9, A11, B, C, Z and Equivalent.

11) CGNPLU: Classes A4, A7, A9, A11, B, C, Z, ZL and Equivalent.

12) CGICALU: Classes A4, A7, A9, A11, B, C, Z, ZL and Equivalent.

13) CGNWLU: Classes A4, A7, A9, B, C, Z, ZL and Equivalent.

14) CGGIBLU: Classes A4, A7, A9, A11, B, C, Z and Equivalent.

15) CGUSCBLU: Classes A4, A7, A9, A11, B, C, Z and Equivalent.

16) CGAMCAPLU: Classes A4, A7, A9, B, C, Z and Equivalent.

17) CGUSHYLU: Classes A4, A7, A9, B, C, Z and Equivalent.

18) CGGCBLU: Classes A4, A7, A9, A11, B, C, Z, ZL and Equivalent.

19) CGCIBLU: Classes A4, A7, A9, A11, B, C, Z and Equivalent.

20) CGEMDLU: Classes A4, A7, A9, A11, A13, A15, B, C, Z and Equivalent.

21) CGEMLCDLU: Classes A4, A7, A9, A11, A13, A15, B, C, Z and Equivalent.

22) CGETOPLU: Classes A4, A7, A9, A11, A13, B, C, P, Z and Equivalent.

23) CGEMGLU: Classes A7, A9, A11, B, C, P, Z and Equivalent.

The list of Classes and Equivalent Classes in each Fund that are available for subscription as at
the date of registration of the Registered Prospectus is set out in the relevant Appendix. However,
other Classes may be made available for subscription from time to time. Investors may therefore
wish to contact the Company through its Singapore Representative or any appointed Singapore
distributors to check if there is an updated list of available Classes in the relevant Fund.

Each Class and Equivalent Class may be available in the following currencies: CHF, EUR, GBP,
JPY, SGD and USD or any other freely convertible currency. Each Class and Equivalent Class
may also be available in RMB.

The list of available Payment Currencies (defined below) in each active Class and Equivalent
Class available for subscription can be found online on the Management Company’s webpage at
https://www.capitalgroup.com/asia.

CHF, EUR, GBP, JPY, SGD and USD are currencies of Switzerland, the European Monetary
Union, Great Britain, Japan, Singapore and the United States of America respectively. Save for
CGGELU, CGEGILU, CGEBLU and CGECBLU whose base currency is EUR and CGJPELU
whose base currency is JPY, the base currency of each Fund is USD.

Shares of different Classes may differ in terms of, inter alia, minimum initial subscription amounts,
minimum holding amounts, dividend policy, management fees, administration fees, depositary
and custody fees and total expense ratios.

Please refer to paragraphs 11.2 and 12.2 below for information on the eligibility of investors, the
minimum initial and subsequent investment amounts and the minimum holding and redemption
amounts in respect of each Class.

Full details of the Funds and each Class are set out in the section headed “The Funds and Their
Structure” and the relevant Annex 2 to the Luxembourg Prospectus.

1.5 Copies of the most recent annual and semi-annual reports (when available) of the Company are
accessible at https://www.capitalgroup.com/asia.

11
2. SINGAPORE REPRESENTATIVE

2.1 The Company has appointed Capital International, Inc., Singapore Branch, whose registered
office is at One Raffles Quay, 33rd floor North Tower, Singapore 048583, to act as the
representative for the Funds in Singapore (the “Singapore Representative”) to provide and
maintain certain administrative and other facilities in respect of the Company.

2.2 The Singapore Representative shall carry out, or procure the carrying out of the following key
functions in respect of each Fund in Singapore:

2.2.1 facilitating the issue and redemption of Shares;

2.2.2 facilitating the publishing of the subscription price and redemption price per Share;

2.2.3 facilitating the sending of reports relating to the Funds to Singapore Shareholders;

2.2.4 facilitating the furnishing of such books relating to the sale and redemption of Shares as
the MAS may require;

2.2.5 facilitating the inspection of instruments constituting the Funds;

2.2.6 maintaining for inspection in Singapore a subsidiary register of Shareholders who

subscribed for or purchased their Shares in Singapore, or maintaining in Singapore any
facility that enables the inspection or extraction of the equivalent information by
Singapore Shareholders, as required by Singapore law. Singapore investors should note
that by subscribing, each Singapore investor authorises the relevant Fund and its transfer
agent to release to the Singapore Representative the personal information required to
enable the Singapore Representative to maintain such register or facility for the said
purpose;

2.2.7 giving notice of any change in such particulars of the Funds, the Company and/or the
Singapore Representative and such other information as may be prescribed under the
SFA or by the MAS, to the MAS within 14 days after such change;

2.2.8 furnishing such information or record regarding the Funds as the MAS may, at any time,
require for the proper administration of the SFA; and

2.2.9 such other functions as the MAS may prescribe or as the Company and the Singapore
Representative may agree in writing.

3. INVESTMENT ADVISERS

Subject to the overall control of the Management Company and ultimate responsibility of the
Company’s Board of Directors, Capital Research & Management Company (the “CRMC”) as well
as Capital International, Inc. (the “CII”) and Capital International Sàrl (the “CISA”) (as specified in
the relevant Fund Information Sheet in Annex 2 of the Luxembourg Prospectus) serve as the
investment advisers of the Funds pursuant to the Investment Advisory Agreements dated 6
September 2002, 22 March 1990 and 1 July 2011, as amended, respectively. CRMC has
delegated, pursuant to an Investment Sub-Advisory Agreement dated 1 March 2016, all or part
of its duties and obligations to CISA, the sub-adviser of CGGELU, CGJPELU, CGWDGLU,
CGGHIOLU, CGGBLU, CGEBLU, CGECBLU, CGGIBLU, CGUSCBLU, CGGCBLU,
CGUSHYLU, CGEMDLU, CGEMLCDLU and CGETOPLU. CII, CISA and CRMC are wholly
owned by the Capital Group. CRMCCISA and CII together are referred to as the Investment
Advisers.

CII is domiciled in the United States of America and regulated by the US Securities and Exchange
Commission (the “SEC”).

CISA is domiciled in Switzerland and regulated by the Swiss Financial Market Supervisory
Authority (the “FINMA”).

12
 CRMC is domiciled in the United States of America and regulated by the SEC.

The Capital Group is one of the largest and oldest investment management organisations in the
United States of America. The Capital Group and its Affiliates maintain offices in the United States
of America, Switzerland, England, Hong Kong, Japan, Canada, Singapore, India, China and
Australia. The Investment Advisers may delegate, under their own responsibility, all or part of their
duties and obligations (excluding investment advice) to any Affiliates. In particular, the
Management Company may, from time to time, authorise any Affiliates to execute the Investment
Advisers’ investment decisions relating to the assets of the Funds.

As at the date of registration of the Registered Prospectus, CII, CISA and CRMC have been
managing collective investment schemes or discretionary funds for approximately 30, 48 and 83
years respectively.

Past performance of the Investment Advisers is not necessarily indicative of their future
performance.

4. DEPOSITARY, CUSTODIAN, PAYING AGENT AND ADMINISTRATIVE MANAGER

4.1. Depositary and Custodian

The Company has appointed JP Morgan Bank Luxembourg S.A. (the “JP Morgan”) as depositary
and custodian of the Company (the “Depositary” and/or “Custodian”), by an agreement dated
23 August 2002, as amended, to provide depositary, custodial, settlement and certain other
associated services to the Company.

JP Morgan was incorporated in Luxembourg as a Société Anonyme on 16 May 1973 and has an
undetermined duration. JP Morgan is regulated by CSSF.

The Depositary is responsible, in accordance with the Law, for ensuring that:

• the issue, redemption and cancellation of Shares is done according to the Law and the
Articles of Incorporation;

• the value of the Shares is calculated in accordance with the Law and the Articles of
Incorporation;

• the instructions of the Company or the Management Company are carried out unless they
conflict with the Law and the Articles of Incorporation;

• the income produced by the Company is applied as specified in the Articles of

Incorporation; and

• in transactions involving assets of the Company, the consideration is remitted to it within

the usual time limits.

The Depositary is also responsible for the safekeeping and ownership verification of the assets
of the Company, cash flow monitoring and oversight in accordance with the Law.

In order to provide depositary services according to the types of assets and the geographical
regions the Company plans to invest in, the Depositary may entrust all or part of the assets held
by the Company that it holds in custody to such sub-custodians as may be determined by the
Depositary from time to time. Except as provided under applicable law, the Depositary’s liability
shall not be affected by the fact that it has entrusted all or part of the assets in its care to a third
party. When selecting and appointing sub-custodians or other delegates, the Depositary shall
exercise all due skill, care and diligence as required under the Law to ensure that it entrusts the
Company’s assets only to a delegate who may provide an adequate standard of protection. During
the selection process, the Depositary considers numerous factors as part of their due diligence
criteria including, but not limited to the following: financial strength of the entity, expertise of the
custody operation, custody volume capacity, sophistication of technology, management and
operational infrastructure, linkages with local market entities, vault capacity and security, income
13
 and corporate action capabilities, results of internal/external audits, contingency plans, insurance
coverage and tax expertise, as well as the short and long-term business commitments. All sub-
custodians appointed shall be licensed and regulated under the applicable law to carry out the
relevant financial activities in the relevant jurisdiction.

As part of the normal course of global custody business, the Depositary may from time to time
enter into arrangements with other clients, funds or other third parties for the provision of
safekeeping and related services. Within a multi-service banking group such as JPMorgan Chase
Group, conflicts may arise from time to time between the Depositary and its safekeeping
delegates, for example, where an appointed delegate is an affiliated group company and is
providing a product or service to a fund and has a financial or business interest in such product
or service or where an appointed delegate is an affiliated group company which receives
remuneration for other related custodial products or services it provides to the funds, for instance
foreign exchange, securities lending, pricing or valuation services.

In the event of any potential conflict of interest which may arise during the normal course of
business, the Depositary will at all times have regard to its obligations under applicable laws
including Article 25 of the Directive 2014/91/EU of the European Parliament and of the Council of
23 July 2014 amending Directive 2009/65/EC on the coordination of laws, regulations and
administrative provisions relating to undertakings for collective investment in transferable
securities (UCITS V Directive).

The current list of sub-custodians used by the Depositary is available at

https://capitalgroup.com/eu/sub_custodians or may be obtained by Shareholders free of charge
and from the Company upon request.

The Depositary is liable to the Company or its Shareholders for the loss of a financial instrument
held in custody by the Depositary or any of its sub-custodians or delegates. The Depositary shall
however, not be liable if it can prove that the loss has arisen as a result of an external event
beyond its reasonable control, the consequences of which would have been unavoidable despite
all reasonable efforts to the contrary. The Depositary is also liable to the Company or its
Shareholders for all other losses suffered by them as a result of the Depositary’s negligent or
intentional failure to properly fulfil its duties in accordance with the applicable law.

4.2. Paying Agent and Administrative Manager

The Company has appointed JP Morgan as paying agent by a Paying Agency Agreement dated
23 August 2002 to provide services as required by the Law.

The Management Company has appointed JP Morgan as administrative manager, by an

Administration Agreement dated 23 August 2002, as amended, to provide the Company with
services as required by the Law.

5. THE REGISTRAR AND REGISTER OF SHAREHOLDERS

The registrar of the Company is JP Morgan and a copy of the relevant extracts from the register
of Shareholders relating to Singapore Shareholders is available for inspection free of charge,
during normal Singapore business hours at the registered office of the Singapore Representative
at One Raffles Quay, 33rd floor North Tower, Singapore 048583, by Singapore Shareholders, as
required by Singapore law. Singapore investors should note that by subscribing, each
Singapore investor authorises the relevant Fund and its transfer agent to release to the Singapore
Representative the personal information required to enable the Singapore Representative to
maintain such register or facility for the said purpose.

6. AUDITOR

The auditor of the Company is PricewaterhouseCoopers Société Coopérative whose registered

office is at 2, rue Gerhard Mercator B.P. 1443 L-1014 Luxembourg.

14
7. INVESTMENT OBJECTIVE, POLICY AND STRATEGY

7.1 Investment Objective

Please refer to paragraph (a) of the relevant Appendix to this Singapore Prospectus as well as to
the relevant Annex 2 to the Luxembourg Prospectus for information on and details of the
investment objective, policy and strategy in respect of each Fund.

7.2 Investment Restrictions

The Company does not currently engage in securities lending or repurchase transactions.

The investment guidelines for funds included under the Central Provident Fund (the “CPF”)
Investment Scheme (the “CPFIS”) issued by the CPF Board (the "CPF Investment Guidelines"),
which guidelines may be amended from time to time, shall apply to those of the Funds which are
included under the CPFIS (each a “CPFIS Included Fund” and collectively the “CPFIS Included
Funds”).

Please refer to Annex 1, “General Investment Guidelines and Restrictions”, to the Luxembourg
Prospectus for more information on and details of the investment restrictions relating to the Funds.

8. INCLUSION UNDER THE CPFIS

CGEGILU and CGNPLU are included by the CPF Board under the CPFIS. CGEGILU and
CGNPLU have been classified by the CPF Board under the risk classification of “Higher Risk-
Narrowly Focused-Regional-Europe” and “Higher Risk-Broadly Diversified” respectively.

The CPF interest rate for the CPF ordinary account (“OA”) is based on the weightage of 80% of
the average 12-month fixed deposit and 20% of the average saving rates published by the major
local banks. Under the Central Provident Fund Act Chapter 36 of Singapore, the CPF Board pays
a minimum interest of 2.5% per annum when this interest formula yields a lower rate.

Savings in the Special and Medisave Accounts (“SMA”) are invested in Special Singapore
Government Securities ("SSGS") which earn an interest rate pegged to either the 12-month
average yield of 10-year Singapore Government Securities ("10YSGS") plus 1%, or 4%,
whichever is the higher, adjusted quarterly.

New Retirement Account (“RA”) savings are invested in SSGS which earn a fixed coupon equal
to either the 12-month average yield of the 10YSGS plus 1% at the point of issuance, or 4%,
whichever is the higher. The interest rate credited to the RA is based on the weighted average
interest rate of the entire portfolio of these SSGS invested using new and existing RA savings
and is computed yearly in January.

As announced in September 2017, the Singapore government will maintain the 4% per annum
minimum rate for interest earned on all SMA and RA monies until 31 December 2018. Thereafter,
interest rates on all CPF account monies will be subject to a minimum rate of 2.5% per annum
(unless the Singapore government extends the 4% floor rate for interest earned on all SMA and
RA monies).

The first S$60,000 of a CPF member’s combined CPF accounts earns an extra 1% interest. To
enable CPF members to earn extra interest, only monies in excess of S$20,000 in a CPF
member’s CPF OA and S$40,000 in a CPF member’s CPF Special Account can be invested
under the CPFIS.

Investors should note that the applicable interest rates for each of the CPF accounts may be
varied by the CPF Board from time to time.

Subscriptions using CPF monies shall at all times be subject to the regulations and such directives
or requirements imposed by the CPF Board from time to time.

15
9. FEES, CHARGES AND EXPENSES

The current fees, charges and expenses applicable to each Fund offered in this Singapore
Prospectus are set out in paragraph (b) of the relevant Appendix to this Singapore Prospectus.
Such fees, charges and expenses are calculated based on un-swung prices (please refer to the
section headed “Swing pricing adjustment” of the Luxembourg Prospectus for detailed information
on swing pricing).

Please refer to the section headed “Expenses” of the Luxembourg Prospectus as well as to the
relevant Annex 2 to the Luxembourg Prospectus for further details on fees, charges and expenses
currently applicable to the Funds.

10. RISK FACTORS

10.1 General Risks

Investors should note that investments in the Funds will be subject to different degrees of market,
derivatives, interest rate, credit, equity, foreign securities, currency and industry risks that each
Fund is invested into.

Investors should be aware that the value of Shares and the income from them may rise as well
as fall and there is the possible loss of the principal amount invested. Past performance figures
are not necessarily a guide to future performance. An investment in a Fund is designed to
potentially produce returns over the long term and is not suitable for short term speculation.

The Company gives no assurance that the investment objective will be met.

10.2 Specific Risks

Please refer to the relevant Annex 2 to the Luxembourg Prospectus for the specific risks relating
to each Fund.

10.2.1 Equity Risk

Some Funds will invest in equities. The prices of equity securities may decline in response to
certain events, including but not limited to those directly affecting the companies whose
securities are owned by the relevant Fund; conditions affecting the general economy; overall
market changes; local, regional or global political, social or economic instability; and currency
fluctuations.

10.2.2 Bond Risk

Some Funds will invest in bonds. The market values of bonds generally vary inversely with the
level of interest rates – when interest rates rise, their values will tend to decline and vice versa.
The magnitude of these changes generally will be greater the longer the remaining maturity of the
security.

Funds investing in bonds will be exposed to credit risk. Securities which are subordinated and/or
have a lower credit rating are generally considered to have a higher credit risk and a greater
possibility of default than more highly rated securities. In the event that the issuer experiences
financial or economic difficulties, this may affect the value of, and/or any amounts paid on, the
relevant securities. Securities ratings by credit rating agencies are a generally recognised
barometer of credit risk; however, an issuer’s rating is heavily weighted by past developments
and does not necessarily reflect probable future conditions. There is frequently a lag between the
time the rating is assigned and the time it is updated; and there may be varying degrees of
difference in credit risk of securities within each rating category. While investment grade bonds
usually have a higher capacity to pay interest and repay principal than lower-rated securities,
there are no assurances that losses will not occur with respect to these investments.

10.2.3 High Yield Bonds Risk

16
 Some Funds will invest in high yield bonds. These bonds typically are subject to greater market
fluctuations and to greater risk of loss of income and principal due to default by the issuer than
are higher-rated bonds. Lower-rated bonds’ values tend to reflect short-term corporate, economic
and market developments and investor perceptions of the issuer’s credit quality to a greater extent
than lower yielding higher-rated bonds. In addition, it may be more difficult to dispose of, or to
determine the value of, high yield bonds. Bonds rated BB+ or Ba1 or lower are described by the
ratings agencies as “predominantly speculative with respect to capacity to pay interest and repay
principal in accordance with the terms of the obligation. While such debt will likely have some
quality and protective characteristics, these are outweighed by large uncertainties or major risk
exposures to adverse conditions.”

10.2.4 Distressed securities

Some Funds may invest in distressed securities (which we define as having a credit rating lower
than CCC- by Standard & Poor’s or equivalent) at the time of purchase, as specified in the relevant
Fund Information Sheet in Annex 2 of the Luxembourg Prospectus. Such securities may be
regarded as predominantly speculative with respect to the issuer’s capacity to pay interest and
principal or meet other obligations contained in an indenture or credit agreement. These Funds
may also invest in debt securities on which the issuer is not currently making interest payments
(defaulted debt securities). Distressed and defaulted debt securities may be unsecured and/or
subordinated to other outstanding liabilities of the issuer. Whilst holders of distressed or defaulted
securities may benefit from certain legal protections applicable to such securities, these
protections may be outweighed by other legal or economic risks. Therefore, a Fund may lose its
entire investment, may receive cash or securities (including equity securities) with a value less
than its original investment and/or may be required to accept payment over an extended period
of time. Efforts to maximize the value of these securities may involve additional cost for the
relevant Fund. It may also be more difficult to dispose of, and to determine the value of, distressed
and defaulted securities as compared to higher rated debt securities.

Notwithstanding the above paragraph, if a security satisfies the Fund’s credit rating criteria at the
time of purchase and subsequently is downgraded to a rating which would result in the security
being classified as a “distressed security”, the Fund will not be required to dispose of such security.
If such a downgrade occurs, the Investment Adviser(s) will consider what action is in the best
interest of the Fund, its Shareholders and in line with the relevant Fund investment objective.

10.2.5 Sovereign Debt Risk

Some Funds will invest in sovereign debt and thus may be exposed to credit risk of the relevant
governmental issuers. The said Funds could lose money if such issuers default and there may
not be any bankruptcy proceedings by which said Funds could enforce their rights in whole or in
part.

10.2.6 Emerging Markets Risk

Some Funds will invest in Emerging Markets5 securities. Investing in Emerging Markets may
involve risks in addition to and greater than those generally associated with investing in the
securities markets of developed countries. For instance, Emerging Markets may have less
developed legal and accounting systems than those in developed countries. The governments
of these countries may be less stable and more likely to impose capital controls, nationalise a
company or industry, place restrictions on foreign ownership and on withdrawing sale proceeds
of securities from the country, and/or impose punitive taxes that could adversely affect the
prices of securities. In addition, the economies of these countries may be dependent on
relatively few industries that are more susceptible to local and global changes. Securities
markets in these countries can also be relatively small and have substantially lower trading
volumes. As a result, securities issued in these countries may be more volatile and less liquid,
and may be more difficult to value, than securities issued in countries with more developed
economies and/or markets. Additionally, there may be increased settlement risks for
transactions in local securities.

5“Emerging Market” means a country that, in the opinion of the Investment Advisers, is generally considered to
be a developing country by the international financial community.
17
Certain risk factors related to Emerging Markets

Currency fluctuations

Certain Emerging Markets’ currencies have experienced and in the future may experience
significant declines against major convertible currencies. Further, the Fund may lose money
due to losses and other expenses incurred in converting various currencies to purchase and
sell securities, as well as from currency restrictions, exchange control regulation and currency
devaluations.

Government regulation

Certain Emerging Markets lack uniform accounting, auditing and financial reporting and
disclosure standards, may have often less governmental supervision of financial markets than
in developed countries, and do not in many case honor legal rights enjoyed in developed
countries. Certain governments may be more unstable and present greater risks of
nationalization or restrictions on foreign ownership of local companies. Repatriation of
investment income, capital and the proceeds of sales by foreign investors may require
governmental registration and/or approval in some Emerging Markets. While the relevant Fund
will only invest in markets where these restrictions are considered acceptable by the Investment
Adviser(s), a country could impose new or additional repatriation restrictions after the Fund’s
investment. If this happened, the Fund’s response might include, among other things, applying
to the appropriate authorities for a waiver of the restrictions or engaging in transactions in other
markets designed to offset the risks of decline in that country. Such restrictions will be
considered in relation to the Fund’s liquidity needs and other factors. Further, some attractive
equity securities may not be available to the Fund if foreign investors already hold the maximum
amount legally permissible.

While government involvement in the private sector varies in degree among Emerging Markets,
such involvement may in some cases include government ownership of companies in certain
sectors, wage and price controls or imposition of trade barriers and other protectionist
measures. With respect to any Emerging Markets, there is no guarantee that some future
economic or political crisis will not lead to price controls, forced mergers of companies,
expropriation, or creation of government monopolies to the possible detriment of the Fund’s
investments.

Fluctuations in inflation rates

Rapid fluctuations in inflation rates may have negative impacts on the economies and securities
markets of certain Emerging Markets countries.

Less developed securities markets

Emerging Markets may have in general less well-developed securities markets and exchanges.
These markets have lower trading volumes than the securities markets of more developed
countries and may be unable to respond effectively to increases in trading volume.
Consequently, these markets may be substantially less liquid than those of more developed
countries, and the securities of issuers located in these markets may have limited marketability.
These factors may make prompt liquidation of substantial portfolio holdings difficult or
impossible at times.

Settlement risks

Settlement systems in Emerging Markets are generally less well organised than those of
developed markets. Supervisory authorities may also be unable to apply standards comparable
to those in developed markets. Thus, there may be risks that settlement may be delayed and
that cash or securities belonging to the Fund may be in jeopardy because of failures of or
defects in the systems. In particular, market practice may require that payment be made before
receipt of the security being purchased or that delivery of a security be made before payment
is received. In such cases, default by a broker or bank (the “counterparty”) through whom the
transaction is effected might cause the Fund to suffer a loss. The Fund will seek, where
possible, to use counterparties whose financial status is such that this risk is reduced. However,

18
 there can be no certainty that the Fund will be successful in eliminating this risk, particularly as
counterparties operating in Emerging Markets frequently lack the standing or financial
resources of a those in developed countries. There may also be a danger that, because of
uncertainties in the operation of settlement systems in individual markets, competing claims
may arise with respect to securities held by or to be transferred to the Fund.

Insufficient market information

The Company may encounter problems assessing investment opportunities in certain

Emerging Markets in light of limitations on available information and different accounting,
auditing and financial reporting standards. In such circumstances, the Fund’s Investment
Adviser(s) will seek alternative sources of information, and to the extent the Investment
Adviser(s) is not satisfied with the sufficiency of the information obtained with respect to a
particular market or security, the Fund will not invest in such market or security.

Taxation

Taxation of dividends, interest and capital gains received by the Fund varies among Emerging
Markets and, in some cases, is comparatively high. In addition, Emerging Markets typically
have often less well-defined tax laws and procedures and such laws may permit retroactive
taxation so that the Fund could become subject in the future to local tax liability that it had not
reasonably anticipated in conducting its investment activities or valuing its assets.

Litigation

The Company and its Shareholders may encounter substantial difficulties in obtaining and
enforcing judgments against individuals residing and companies domiciled in certain Emerging
Markets.

Fraudulent Securities

Shares purchased by the Fund may subsequently be found to be fraudulent or counterfeit,

resulting in a loss to the Fund.

10.2.7 People’s Republic of China

Investors should note that the risks of investing in the People’s Republic of China (“PRC”) also
apply. Investments in the PRC are currently subject to certain additional risks, particularly
regarding the ability to deal in securities in the PRC. As a result, the Company may choose to
gain exposure to PRC securities indirectly and may be unable to gain full exposure to the PRC
markets. The PRC is one of the world’s largest global emerging markets. Investing in the
securities markets in the PRC is subject to the risks of investing in Emerging Markets generally
as well as to specific risks relating to the PRC market.

The economy in the PRC, which has been in a state of transition from a planned economy to a
more market orientated economy, differs from the economies of most developed countries and
investing in the PRC may be subject to greater risk of loss than investments in developed
markets. Any political changes, social instability and adverse diplomatic developments which
may take place in, or in relation to, the PRC could result in significant fluctuation in the price of
Chinese securities and a negative impact on investments in the PRC market. Given the short
history of the PRC system of commercial laws, the PRC regulatory and legal framework may
not be as well developed as those of developed countries. As the PRC legal system develops,
no assurance can be given that changes in such laws and regulations, their interpretation or
their enforcement will not have a material adverse effect on the Company’s onshore
investments. Chinese accounting standards and practices may deviate significantly from
international accounting standards. The settlement and clearing systems of the PRC securities
markets may not be well tested and may be subject to increased risks of error or inefficiency.
There are risks and uncertainties associated with the current PRC tax laws, regulations and
practice on any Fund’s investments in the PRC. Any increased tax liabilities on the Fund may
adversely affect the Fund’s value.

19
 The RMB6, the lawful currency of the PRC, is not currently a freely convertible currency and is
subject to exchange control imposed by the PRC government. Such control of currency
conversion and movements in the RMB exchange rates may adversely affect the operations
and financial results of companies in the PRC.

Insofar as the Company may invest in the PRC, it will be subject to the risk of the PRC
government’s imposition of restrictions on the repatriation of funds or other assets out of the
country, limiting the ability of the Company to satisfy payments to investors. This may impact
the liquidity of the relevant Fund and its ability to meet redemption requests upon demand.

10.2.8 Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect Risk

Some Funds may invest via the Shanghai-Hong Kong Stock Connect and Shenzhen-Hong
Kong Stock Connect (collectively “Stock Connects”), as specified in the relevant Fund
Information Sheet in Annex 2 of the Luxembourg Prospectus. The Shanghai-Hong Kong Stock
Connect is a securities trading and clearing linked program developed by Hong Kong
Exchanges and Clearing Limited (“HKEx”), Shanghai Stock Exchange (“SSE”) and China
Securities Depository and Clearing Corporation Limited (“ChinaClear”) and the Shenzhen-Hong
Kong Stock Connect is a securities trading and clearing linked program developed by HKEx,
Shenzhen Stock Exchange (“SZSE”) and ChinaClear, both aiming to achieve mutual stock
market access between the PRC and Hong Kong. Hong Kong Securities Clearing Company
Limited (HKSCC), a wholly-owned subsidiary of HKEx, and ChinaClear will be responsible for
the clearing, settlement and the provision of depository, nominee and other related services of
the trades executed by their respective market participants and/or investors.

The Shanghai-Hong Kong Stock Connect comprises a Northbound Shanghai Trading Link and
a Southbound Hong Kong Trading Link. Under the Northbound Shanghai Trading Link, Hong
Kong and overseas investors, through their Hong Kong brokers and a securities trading service
company established by the Hong Kong Stock Exchange (“SEHK”), may be able to trade
eligible China A Shares listed on the SSE by routing orders to SSE. Under the Southbound
Hong Kong Trading Link under Shanghai-Hong Kong Stock Connect, investors in the PRC will
be able to trade certain stocks listed on the SEHK. Under a joint announcement issued by the
SFC and China Securities Regulatory Commission (“CSRC”) on 10 November 2014 the
Shanghai-Hong Kong Stock Connect commenced trading on 17 November 2014.

The Shenzhen-Hong Kong Stock Connect comprises a Northbound Shenzhen Trading Link
and a Southbound Hong Kong Trading Link. Under the Northbound Shenzhen Trading Link,
Hong Kong and overseas investors, through their Hong Kong brokers and a securities trading
service company established by SEHK, may be able to trade eligible China A Shares listed on
the SZSE by routing orders to SZSE. Under the Southbound Hong Kong Trading Link under
Shenzhen-Hong Kong Stock Connect investors in the PRC will be able to trade certain stocks
listed on the SEHK. The Shenzhen - Hong Kong Stock Connect was launched in December
2016.

The trading is subject to rules and regulations issued from time to time. Trading under the
Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect are both
subject to a daily quota (“Daily Quota”). Northbound Shanghai Trading Link and Southbound
Hong Kong Trading Link under the Shanghai-Hong Kong Stock Connect as well as Northbound
Shenzhen Trading Link and Southbound Hong Kong Trading Link under the Shenzhen-Hong
Kong Stock Connect will be subject to a separate set of Daily Quota. The Daily Quota limits the
maximum net buy value of crossboundary trades under the Shanghai-Hong Kong Stock
Connect and Shenzhen-Hong Kong Stock Connect each day.

Investments in securities traded and cleared on the Stock Connects are subject to various risks,
including quota limitations, clearing and settlement risk and suspension risk. Such risks are
described in more detail under the section headed “Risk Warnings”, sub-section “Shanghai-
Hong Kong Stock Connect and Shenzhen Hong-Kong Stock Connect” in the Luxembourg
Prospectus.

6“RMB” means Renminbi, the official currency of the PRC, is generally used to denote the Chinese
currency traded in the Onshore Renminbi (CNY) and the Offshore Renminbi (CNH) markets.
20
 Further information about the Stock Connect is available online at the website:
http://www.hkex.com.hk/eng/csm/index.htm.

10.2.9 China Interbank Bond Market Risk

Some Funds may invest on the China Interbank Bond Market, as specified in the relevant Fund
Information Sheet in Annex 2 of the Luxembourg Prospectus.

Market volatility and potential lack of liquidity due to low trading volume of certain debt securities
in the China Interbank Bond Market may result in prices of certain debt securities traded on
such market fluctuating significantly. The relevant Fund investing in such market is therefore
subject to liquidity and volatility risks. The bid and offer spreads of the prices of such securities
may be large, and the relevant Fund may therefore incur significant trading and realisation costs
and may even suffer losses when selling such investments.

To the extent that a Fund transacts in the China Interbank Bond Market, the Fund may also be
exposed to risks associated with settlement procedures and default of counterparties. The
counterparty which has entered into a transaction with the Fund may default in its obligation to
settle the transaction by delivery of the relevant security or by payment for value.

Since the relevant filings and account opening for investment in the China Interbank Bond
Market have to be carried out via an onshore settlement agent, the relevant Fund is subject to
the risks of default or errors on the part of the onshore settlement agent.

The China Interbank Bond Market is also subject to regulatory risks. The relevant rules and
regulations on investment in the China Interbank Bond Market are subject to change which may
have potential retrospective effect. In the event that the relevant Chinese authorities suspend
account opening or trading on the China Interbank Bond Market, the Funds’ ability to invest in
the China Interbank Bond Market will be limited and, after exhausting other trading alternatives,
the relevant Fund may suffer substantial losses as a result.

Reforms or changes in macro-economic policies, such as the monetary and tax policies might
affect interest rates. Consequently, the price and the yield of the bonds held in a portfolio
would/could also be affected.

10.2.10 Bond Connect Risk

Some Funds may invest via the Bond Connect, as specified in the relevant Fund Information
Sheet in Annex 2 of the Luxembourg Prospectus.

Bond Connect is the historic opening up of China’s Interbank Bond Market (CIBM) to global
investors through the China-Hong Kong mutual access program. The program allows foreign
and Mainland China investors the ability to trade in each other’s bond market through a
connection between the Mainland and Hong Kong based financial infrastructure institutions.

Bond Connect aims to enhance the efficiency and flexibility of investing in the China Interbank
Bond Market. This is accomplished by easing the access requirements to enter the market, the
use of the Hong Kong trading infrastructure to connect to China Foreign Exchange Trading
System (CFETS), removal of the investment quota and Bond Settlement Agent, all which are
required to invest in the CIBM directly.

Market volatility and potential lack of liquidity due to low trading volume of certain debt securities
in the CIBM may result in prices of certain debt securities traded on such market fluctuating
significantly. The relevant Fund investing in such market is therefore subject to liquidity and
volatility risks. The bid and offer spreads of the prices of such securities may be large, and the
relevant Fund may therefore incur significant trading and realisation costs and may even suffer
losses when selling such investments.

Investments via the Bond Connect are subject to various risks, including clearing and settlement
risk, regulatory risk and conversion risk. Such risks are described in more detail under the
section headed “Risk Warnings”, sub-section “Bond Connect” in the Luxembourg Prospectus.

21
 Further information about the Bond Connect is available online at the website:
http://www.chinabondconnect.com/en/index.htm.

10.2.11 Currency Risk

The Funds are not denominated in SGD and the investments of some Funds may be
denominated in currencies other than their Base Currency (as specified in the relevant Fund
Information Sheet in Annex 2 to the Luxembourg Prospectus). In this regard, there is a currency
exchange risk involved as a result of fluctuations in exchange rates between the Base Currency
and such other currencies, which may affect the value of said Funds. In addition, in certain
countries, these Funds might also be exposed to risks associated with exchange control or
currency instability, which could impact the ability to freely repatriate funds invested.

The Company generally does not intend to systematically or fully hedge currency exposures in
each Fund back to any currency and investors may be subject to foreign exchange risks.
However, the Company has appointed JPMorgan Chase Bank, N.A. to provide a systematic
passive currency-hedging overlay on a significant part of the assets of the relevant Fund
attributable to Hedged Equivalent Classes and Dividend-distributing Hedged Equivalent
Classes in order to reduce the exposure of such Classes to currencies other than the currency
referred to in the relevant Class’ designation as described under the section headed “The
Classes” in the Luxembourg Prospectus.

10.2.12 RMB Currency Risk

Renminbi, the official currency of the PRC, is used to denote the Chinese currency traded in
the Onshore Renminbi (CNY) and the Offshore Renminbi (CNH) markets. CNY which is traded
in the PRC is not freely convertible and is subject to exchange controls and certain requirements
by the government of the PRC. CNH which is traded outside the PRC is freely tradable. Whilst
CNH is traded freely outside the PRC, the RMB spot, forward foreign exchange contracts and
related instruments reflect the structural complexities of this evolving market. Accordingly,
Classes denominated in RMB may be exposed to greater foreign exchange risks. Shareholders
should be aware of the fact that the RMB is subject to a managed floating exchange rate based
on market supply and demand with reference to a basket of currencies.

10.2.13 Over-The-Counter Markets Risk

Some Funds will invest in securities that are actively traded in an over-the-counter (the “OTC”)
market. Trading on such markets may involve higher risks than trading on official stock exchanges
due to, in particular, lower market liquidity as well as lower investor protection in applicable
regulations and available information. In determining whether to approve markets for investment,
the Investment Advisers will take into account, among other things, market liquidity, investor
information and government regulations, including tax and foreign exchange repatriation rules.

10.2.14 Derivative Instruments Risk

Derivatives may expose a Fund to certain additional risks relative to traditional securities such as
credit risks of the counterparty, imperfect correlation between derivatives prices of related assets,
rates or indices, potential loss of more money than the actual cost of the investment, potential for
leverage, increased volatility and reduced liquidity and risk of mispricing or improper valuation.

10.2.15 Collateral Risk

Management of Collateral

Where a Fund enters into OTC financial derivative transaction the counterparty risk of a Fund vis-
a-vis a counterparty will be equal to the positive mark-to-market value of all OTC derivative
transactions with that counterparty, provided that:

(i) If there are legally enforceable netting arrangements in place, the risk exposure arising
from OTC derivative transactions with the same counterparty may be netted; and
(ii) If collateral posted in favour of the Fund and such collateral complies at all times with the
criteria set out in “Eligible Collateral” below, the counterparty risk of a Fund towards a

22
 counterparty under OTC derivative transactions is reduced by the amount of such
collateral.

Eligible Collateral

Collateral obtained in respect of OTC financial derivative transactions (“Collateral”) will only be
taken into account to reduce a counterparty’s risk exposure if it complies at all times with criteria
laid down in the ESMA Guidelines 2012/832 and CSSF Circular 14/592 and provided that the
following rules are complied with:

(i) Collateral received other than cash shall be highly liquid and traded on a regulated market
or multilateral trading facility with transparent pricing in order that it can be sold quickly at
a price that is close to pre-sale valuation;
(ii) Collateral received shall be valued on at least a daily basis. Assets that exhibit high price
volatility shall not be accepted as Collateral unless suitably conservative haircuts are in
place;
(iii) Collateral should be issued by an entity that is independent from the counterparty and is
expected not to display a high correlation with the performance of the counterparty;
(iv) Collateral should be sufficiently diversified in terms of country, markets and issuers; and
(v) Collateral should be capable of being fully enforced by the Fund at any time without
reference to or approval from the counterparty.

Reinvestment of Collateral

Non-cash collateral cannot be sold, re-invested or pledged.

Cash received as Collateral may only be:

(i) Placed on deposit with entities prescribed in article 50(f) of the UCITS Directive;
(ii) Invested in high quality government bonds;
(iii) Used for reverse repo transactions under which the cash is recallable at any time; and
(iv) Invested in short term money market funds.

Collateral Policy

The collateral policy that will be followed by each Fund to cover its exposure to an OTC financial
derivative transaction is set out below.

The Management Company has established a list of authorised counterparties, eligible collateral,
and haircut policies; and these may be revised or amended by the Management Company at any
time.

The counterparties to any OTC financial derivative transaction, entered into by a Fund, are
selected from a list of authorised counterparties established by the Management Company. The
authorised counterparties are subject to prudential supervision and belong to categories approved
by the CSSF. The list of authorised counterparties may be amended with the consent of the
Management Company.

Collateral is posted and received in order to mitigate the counterparty risk in OTC financial
derivative transactions. Collateral is monitored and marked-to-market daily. Regular reporting is
provided to the Management Company, administrative manager, and Investment Advisor.

Collateral posted in favour of a Fund under a title transfer arrangement should be held by the
Depositary/Custodian or one of its correspondents or sub-custodians. Collateral posted in favour
of a Fund under a security interest arrangement (e.g. a pledge) can be held by a third party
custodian which is subject to prudential supervision, and which is unrelated to the provider of
collateral.

Cash Collateral received by the Management Company is only used as described under
Reinvestment of Collateral above.

23
 The Management Company has implemented a haircut policy in respect of each class of assets
received as collateral. A haircut is a discount applied to the value of a Collateral asset to account
for the fact that its valuation, or liquidity profile, may deteriorate over time. The haircut policy takes
account of the characteristics of the relevant asset class, including the credit standing of the issuer
of the collateral, the price volatility of the Collateral and the results of any stress tests which may
be performed in accordance with collateral management policy. Subject to the framework
agreements in place with the relevant counterparty, which may or may not include minimum
transfer amounts, it is the intention of the Management Company that any collateral received shall
have a value, adjusted in light of the haircut policy, which equals or exceeds the relevant
counterparty exposure where appropriate.

10.2.16 Credit Default Swap Indices Risk

Some Funds may invest in credit default swap indices (“CDXs”), as specified in the relevant Fund
Information Sheet in Annex 2 to the Luxembourg Prospectus, in order to assume exposure to a
diversified portfolio of credits or to hedge against existing credit risks. A CDX is based on a
portfolio of credit default swaps with similar characteristics, such as credit default swaps on high-
yield bonds. In a typical CDX transaction, one party — the protection buyer — is obligated to pay
the other party — the protection seller — a stream of periodic payments over the term of the
contract. If a credit event, such as a default or restructuring, occurs with respect to any of the
underlying reference obligations, the protection seller must pay the protection buyer the loss on
those credits. The Fund may enter into a CDX transaction as either protection buyer or protection
seller.

If the Fund is a protection buyer, it would pay the counterparty a periodic stream of payments over
the term of the contract and would not recover any of those payments if no credit events were to
occur with respect to any of the underlying reference obligations. However, if a credit event did
occur, the Fund, as a protection buyer, would have the right to deliver the referenced debt
obligations or a specified amount of cash, depending on the terms of the applicable agreement,
and to receive the par value of such debt obligations from the counterparty protection seller. As a
protection seller, the Fund would receive fixed payments throughout the term of the contract if no
credit events were to occur with respect to any of the underlying reference obligations. If a credit
event were to occur, however, the value of any deliverable obligation received by the Fund,
coupled with the periodic payments may be less than the full notional value that the Fund, as a
protection seller, pays to the counterparty protection buyer, effectively resulting in a loss of value
to the Fund.

Furthermore, as a protection seller, the Fund would effectively add leverage to its portfolio
because it would have investment exposure to the notional amount of the swap transaction. The
use of CDX, like all other swap agreements, is subject to certain risks, including the risk that the
Fund’s counterparty will default on its obligations. If such a default were to occur, any contractual
remedies that the Fund might have may be subject to applicable bankruptcy laws, which could
delay or limit the Fund’s recovery. Thus, if the Fund’s counterparty to a CDX transaction defaults
on its obligation to make payments thereunder, the Fund may lose such payments altogether or
collect only a portion thereof, which collection could involve substantial costs or delays. Certain
CDX transactions are subject to mandatory central clearing or may be eligible for voluntary central
clearing. Because clearing interposes a central clearinghouse as the ultimate counterparty to
each participant’s swap, central clearing is intended to decrease (but not eliminate) counterparty
risk relative to uncleared bilateral swaps.

Additionally, when the Fund invests in a CDX as a protection seller, the Fund will be indirectly
exposed to the creditworthiness of issuers of the underlying reference obligations in the index. If
the Investment Adviser to the Fund does not correctly evaluate the creditworthiness of issuers of
the underlying instruments on which the CDX is based, the investment could result in losses to
the Fund.

In connection with CDX transactions in which the Fund acts as protection buyer, the Fund will
segregate liquid assets, or enter into offsetting positions, with a value at least equal to the Fund’s
exposure (i.e., any accrued but unpaid net amounts owed by the Fund to any counterparty), on a
marked-to-market basis, less the value of any posted margin. When the Fund acts as protection
seller, the Fund will segregate liquid assets, or enter into offsetting positions, with a value at least
equal to the full notional amount of the swap, less the value of any posted margin. Such

24
 segregation is intended to ensure that the Fund has assets available to satisfy its obligations with
respect to CDX transactions and to limit any potential leveraging of the Fund’s portfolio. However,
segregation of liquid assets will not limit the Fund’s exposure to loss. To maintain this required
margin, the Fund may also have to sell portfolio securities at disadvantageous prices, and the
earmarking of liquid assets will have the effect of limiting the Fund’s ability to otherwise invest
those assets in other securities or instruments.

10.2.17 Interest Rate Swaps Risk

Some Funds may enter into interest rate swaps, as specified in the relevant Fund Information
Sheet in Annex 2 of the Luxembourg Prospectus, to seek to manage the interest rate sensitivity
of the Fund by increasing or decreasing the duration of the Fund or a portion of the Fund’s
portfolio. An interest rate swap is an agreement between two parties to exchange or swap
payments based on changes in an interest rate or rates. Typically, one interest rate is fixed and
the other is based on a designated short-term interest rate such as the London Interbank
Offered Rate (LIBOR), prime rate or other benchmark. Interest rate swaps generally do not
involve the delivery of securities or other principal amounts. Rather, cash payments are
exchanged by the parties based on the application of the designated interest rates to a notional
amount, which is the predetermined dollar principal of the trade upon which payment obligations
are computed. Accordingly, the Fund’s current obligation or right under the swap agreement is
generally equal to the net amount to be paid or received under the swap agreement based on
the relative value of the position held by each party.

The use of interest rate swaps involves certain risks, including losses if interest rate changes
are not correctly anticipated by the Fund’s Investment Adviser. To the extent the Fund enters
into bilaterally negotiated swap transactions, the Fund will enter into swap agreements only
with counterparties that meet certain credit standards; however, if the counterparty’s
creditworthiness deteriorates rapidly and the counterparty defaults on its obligations under the
swap agreement or declares bankruptcy, the Fund may lose any amount it expected to receive
from the counterparty. Certain interest rate swap transactions are currently subject to
mandatory central clearing or may be eligible for voluntary central clearing. Because clearing
interposes a central clearinghouse as the ultimate counterparty to each participant’s swap,
central clearing is intended to decrease (but not eliminate) counterparty risk relative to
uncleared bilateral swaps. Additionally, the term of an interest rate swap can be days, months
or years and, as a result, certain swaps may be less liquid than others.

10.2.18 Futures

Some Funds may invest in Futures, as specified in the relevant Fund Information Sheet in
Annex 2 of the Luxembourg Prospectus to seek to manage the Fund’s sensitivity to interest
rates. A futures contract is a standardised exchange-traded agreement to buy or sell a specific
quantity of an underlying asset, rate or index at an agreed-upon price at a stipulated future
date. In addition to the risks generally associated with investing in derivative instruments,
futures contracts are subject to the creditworthiness of the clearing organisations, exchanges
and futures commission merchants with which the Fund transacts. Additionally, although
futures require only a small initial investment in the form of a deposit of initial margin, the amount
of a potential loss on a futures contract could greatly exceed the initial amount invested. While
futures contracts are generally liquid instruments, under certain market conditions futures may
be deemed to be illiquid. For example, the Fund may be temporarily prohibited from closing out
its position in a futures contract if intraday price change limits or limits on trading volume
imposed by the applicable futures exchange are triggered. If the Fund is unable to close out a
position on a futures contract, the fund would remain subject to the risk of adverse price
movements until the fund is able to close out the futures position. The ability of the Fund to
successfully utilise futures contracts may depend in part upon the ability of the Fund’s
Investment Adviser to accurately forecast interest rates and other economic factors and to
assess and predict the impact of such economic factors on the futures in which the Fund
invests. If the Investment Adviser incorrectly forecasts economic developments or incorrectly
predicts the impact of such developments on the futures in which it invests, the Fund could be
exposed to the risk of loss.

10.2.19 Contingent Convertible Bonds Risk

25
 Some Funds may invest in contingent convertible bonds, as specified in the relevant Fund
Information Sheet in Annex 2 to the Luxembourg Prospectus. Under the terms of a contingent
convertible bond, certain triggering events, including events under the control of the management
of the contingent convertible bond’s issuer, could cause the permanent write-down to zero of
principal investment and/or accrued interest, or a conversion to equity. Investment in contingent
convertible bonds may entail the following risks (non-exhaustive list):

• Capital structure inversion risk: contrary to classical capital hierarchy, contingent

convertible bonds’ investors may suffer a loss of capital when equity holders do not.

• Trigger level risk: trigger levels differ and determine exposure to conversion risk
depending on the distance of the capital ratio to the trigger level. It might be difficult for
the Investment Advisers of the relevant Fund to anticipate the triggering events that would
require the debt to convert into equity.

• Conversion risk: it might be difficult for the Investment Advisers of the relevant Fund to
assess how the securities will behave upon conversion. In case of conversion into equity,
the Investment Advisers might be forced to sell these new equity shares because the
investment objective of the relevant Fund does not allow equity in its portfolio. This forced
sale may itself lead to liquidity issue for these shares.

• Coupon cancellation: for some contingent convertible bonds, coupon payments are
entirely discretionary and may be cancelled by the issuer at any point, for any reason and
for any length of time.

• Call extension risk: some contingent convertible bonds are issued as perpetual
instruments, callable at pre-determined levels only with the approval of the competent
authority.

• Industry concentration risk: investment in contingent convertible bonds may lead to an

increased industry concentration risk as such securities are currently issued by banking
institutions.

• Yield/valuation risk: contingent convertible bonds often offer an attractive yield which
may be viewed as reflecting the greater risk and complexity of these instruments.

• Liquidity risk: in certain circumstances finding a ready buyer for contingent convertible
bonds may be difficult and the Fund may have to accept a significant discount to the
expected value of the bond in order to sell it.

• Unknown risk: the structure of contingent convertible bonds is innovative yet untested.

10.2.20 Equity Linked Notes Risk

Some Funds will invest in equity linked notes. The price of an equity linked note is derived from
the value of the underlying linked securities. The level and type of risk involved in the purchase
of an equity linked note by such Funds is potentially higher than the risk involved in the purchase
of the underlying security. Equity linked notes are also dependent on the individual credit of the
issuer of the note, which will generally be a trust or other special purpose vehicle or finance
subsidiary established by a major financial institution for the limited purpose of issuing the note.
Like other structured products, equity linked notes are frequently secured by collateral consisting
of a combination of debt or related equity securities to which payments under the notes are linked.
If so secured, the Funds would look to this underlying collateral for satisfaction of claims in the
event that the issuer of an equity linked note defaulted under the terms of the note.

Equity linked notes are often privately placed and may not be rated, in which case the Funds will
be more dependent on the ability to evaluate the creditworthiness of the issuer, the underlying
security, any collateral features of the note, and the potential for loss due to market and other
factors. Ratings of issuers of equity linked notes refer only to the creditworthiness of the issuer
and strength of related collateral arrangements or other credit supports, and do not take into
account, or attempt to rate, any potential risks of the underlying equity securities. Depending on
the law of the jurisdiction in which an issuer is organised and the note is issued, in the event of

26
 default, the Funds may incur additional expenses in seeking recovery under an equity linked note,
and may have less legal recourse in attempting to do so.

As with any investment, the Funds can lose the entire amount it has invested in an equity linked
note. The secondary market for equity linked notes may be limited. The lack of a liquid secondary
market may have an adverse effect on the ability of the Funds to accurately value the equity linked
notes in their portfolios, and may make disposal of such securities more difficult for such Funds.

10.2.21 Depository Receipts Risk

Some Funds will invest in depository receipts such as American Depository Receipts (ADRs)
and Global Depository Receipts (GDRs). Depository receipts are securities that represent shares
trading outside the market in which the depository receipts are traded. Accordingly, while the
depository receipts may be traded on recognised exchanges or regulated markets, the underlying
shares may be subject to further risks such as political, inflationary, exchange rate or custody risk.

10.2.22 Mortgage- and Asset-Backed Securities Risk

Some Funds may invest in mortgage- and asset-backed securities. Mortgage-related securities,
such as mortgage-backed securities (“MBS”), and other asset-backed securities (“ABS”),
include debt obligations that represent interests in pools of mortgages or other income-bearing
assets, such as consumer loans or receivables.

Such securities often involve risks that are different from or more acute than the risks associated
with investing in other types of debt securities. Mortgage-backed and other asset-backed
securities are subject to changes in the payment patterns of borrowers of the underlying debt
which can result in prepayment and extension risks. Prepayment risk exists when interest rates
fall and borrowers are more likely to refinance or prepay their debt before its stated maturity.
This may result in the Fund having to reinvest the proceeds in lower yielding securities,
effectively reducing the Fund’s income. Conversely, extension risk exists when interest rates
rise and borrowers repay their debt more slowly than expected, the time in which the mortgage-
backed and other asset-backed securities are paid off could be extended, reducing the Fund’s
cash available for reinvestment in higher yielding securities.

In addition, MBS issued by private entities are structured similarly to those issued by
government agencies. However, these securities and the underlying mortgages are not
guaranteed by any government agencies and the underlying mortgages are not subject to the
same underwriting requirements. These securities generally are structured with one or more
types of credit enhancements such as insurance or letters of credit issued by private
companies. Borrowers on the underlying mortgages are usually permitted to prepay their
underlying mortgages. Prepayments can alter the effective maturity of the MBS. Delinquencies,
losses or defaults by borrowers can adversely affect the prices and volatility of these securities.
Such delinquencies and losses can be exacerbated by real estate risks like declining or
flattening housing and property values. This, along with other outside pressures, such as
bankruptcies and financial difficulties experienced by mortgage loan originators, decreased
investor demand for mortgage loans and mortgage-related securities and increased investor
demand for yield, can adversely affect the value and liquidity of MBS. These securities may be
less liquid and/or more difficult to value than other securities.

With regard to ABS, these securities are backed by other assets such as credit card, automobile
or consumer loan receivables, retail installment loans or participations in pools of leases. Credit
support for these securities may be based on the underlying assets and/or provided through
credit enhancements by a third party. The values of these securities are sensitive to changes
in the credit quality of the underlying collateral, the credit strength of the credit enhancement,
changes in interest rates and at times the financial condition of the issuer. These securities may
be less liquid and/or more difficult to value than other securities.

Specific types of ABS in which the Fund may invest are, in particular but not limited to,
Collateralised Debt Obligations, Residential Mortgage Backed Securities and To Be Announced
Securities Contracts. These are described in more detail under the section headed “Risk
Warnings”, sub-section “Mortgage- and Asset-Backed Securities” in the Luxembourg
Prospectus.
27
10.2.23 European Monetary Union (EMU) Risk

Some Funds will invest in countries that are members of the EMU. While some of these countries
will retain relatively high credit ratings, there is a risk that one or several countries exit the
Eurozone or a country within the Eurozone may default, leading to the break-up of the Eurozone.
Such crisis may have significant negative impact on said Funds (such as default or downgrading
of the security issued by a sovereign issuer and higher volatility, liquidity and foreign exchange
risk associated with investments in European securities).

The performance of said Fund could deteriorate should there be any adverse credit events in
the European region (e.g. downgrade of the sovereign credit rating of a European country or a
default or bankruptcy of a European country and/or a sovereign issuer).

10.2.24 Liquidity Risk

Some Fund holdings may be deemed to be less liquid because they cannot be readily sold
without significantly impacting the value of the holdings. Liquidity risk may result from the lack
of an active market for a holding, legal or contractual restrictions on resale, or the reduced
number and capacity of market participants to make a market in such holding. Market prices
for less liquid holdings may be volatile, and reduced liquidity may have an adverse impact on
the market price of such holdings. Additionally, the sale of less liquid holdings may involve
substantial delays (including delays in settlement) and additional costs and the Fund may have
more difficulty to sell such holdings when necessary to meet its liquidity needs.

The Management Company has put in place measures to effectively manage the liquidity risk
of the Funds and established liquidity risk management policies that enable it to identify, monitor
and manage the liquidity risks of the Funds. Such measures, combined with the liquidity risk
management tools available, seek to manage the liquidity risk of the Funds.

The liquidity risk management tools available to manage liquidity risk include the following:

(a) the Company may suspend the determination of the Net Asset Value of any or all Fund(s) or
Class(es) and suspend the issue, switch and redemption of Shares of such Fund(s) or
Class(es) in the circumstances described under the section headed “Suspension of
Determination of Net Asset Value and of Issue, Switch and Redemption of Shares” of the
Luxembourg Prospectus.

(b) a Fund may suffer dilution of the net asset value as a result of large subscriptions,
redemptions or switches. In order to counter such dilution impact, the Company adopts a
swing pricing mechanism as part of its valuation policy. If on any Valuation Date, the net
aggregate amount of subscriptions or redemptions in Shares of a Fund exceeds a pre-
determined threshold expressed as a percentage of the net asset value of that Fund, the
net asset value may be adjusted upwards or downwards to reflect the costs attributable to
the underlying trade in securities undertaken by the Investment advisers to accommodate
inflows or outflows as the case may be. The price adjustment may vary from Fund to Fund
and will normally not exceed 2% of the original net asset value. Please refer to the section
headed “Swing pricing adjustment” of the Luxembourg Prospectus for detailed information
on swing pricing.

(c) the Company will not be bound to redeem on any Valuation Date or in any period of four
consecutive Valuation Dates, more than 10% of the total net assets of any Fund,
respectively, on such Valuation Date or at the commencement of such period. In this event,
the limitation will apply pro rata so that all redemption applications to be processed on a
Valuation Date to which such limitation applies will be processed in the same proportion.
Please refer to the section headed “Redemptions Deferral” of the Luxembourg Prospectus
for more details.

Before investing in the Funds, potential investors should consider and satisfy
themselves as to the risks of investing in the Funds. The risks described above and in
the Luxembourg Prospectus should not be considered to be an exhaustive list of the

28
 risks of investing in the Funds and potential investors should be aware that investments
in the Funds may be exposed to other risks of exceptional nature from time to time.

11. SUBSCRIPTION AND ISSUE OF SHARES

11.1 Subscription Procedure

Shares are offered for subscription on each Valuation Date7. The subscription price per Share on
each Valuation Date is the corresponding net asset value per Share (the “Net Asset Value”),
potentially adjusted upwards or downwards as the case may be as described under the section
headed “Swing pricing adjustment” of the Luxembourg Prospectus. Any applicable sales charge
as described in the section headed “Expenses” of the Luxembourg Prospectus may be added to
such amount.

Payment of subscription amounts must be made in any available Payment Currency8. Shares
will be issued in that same Payment Currency, unless specifically instructed otherwise by the
investor, who may in this case incur currency exchange costs. Subscription amounts received
in any convertible currency other than an available Payment Currency will generally be
converted by the administrative manager before being invested in Shares, on behalf of the
investor and at his expense and risk, into the relevant Fund base currency. The subscription
will then take place in the relevant Fund base currency.

Shares will be issued only after:

(i) the investor has opened an account with the Company (please refer to the section
headed “Account Opening” in the Luxembourg Prospectus for more details);
(ii) a completed and valid Transaction Request Form9 (available from the transfer agent or
appointed distributors in Singapore upon request) has been received by the
Management Company (through the transfer agent or appointed distributors in
Singapore) not later than 1:00 p.m. Luxembourg time on the Valuation Date (subject to
the subsequent paragraph regarding subscriptions with a value greater than certain
amount);
(iii) the full amount of cleared funds in an available Payment Currency has been verified in
the collection account by the Depositary/Custodian through its standardised cash
verification system; and
(iv) the subscription has been accepted by the Management Company.

In the event of a subscription on any Valuation Date for Shares with a value greater than EUR
10 million or equivalent in relation to CGJPELU, EUR 25 million or equivalent in relation to
CGGHIOLU, USD 25 million or equivalent in relation to CGNWLU and CGEMDLU, USD 50
million or equivalent in relation to CGEMGLU and CGETOPLU, and USD 5 million or equivalent
in relation to CGEMLCDLU, Shares will only be issued after:

(i) the investor has opened an account with the Company (please refer to the section
headed “Account Opening” in the Luxembourg Prospectus for more details);
(ii) a completed and valid Transaction Request Form (available from the transfer agent or
appointed distributors in Singapore upon request) has been received by the
Management Company (through the transfer agent or appointed distributors in

7 A “Valuation Date” means the date as of which the assets of a given Fund are valued, which refers to
each Business Day, other than days (as determined by the Board or the Management Company at their
discretion) on which any market(s) representing a meaningful portion of the Fund’s portfolio is closed. For
the purpose of this paragraph, the market to be considered is the market where the relevant instrument is
traded. (A list of such dates is available on https://www.capitalgroup.com/asia). A ”Business Day” means
a day (other than a Saturday, a Sunday or 24 December in each year) on which banks are generally open
for business in Luxembourg or such other days as the Company may decide.
8 “Payment Currency” means a currency in which subscription monies may generally be paid and in which
an official Net Asset Value of each Fund is available. The list of available Payment Currencies in each
active Class and Equivalent Class can be found online on the Management Company’s webpage at
https://www.capitalgroup.com/asia. Investors may pay the subscription amounts for each available Share
Class in SGD as may be approved in the sole and absolute discretion of the Management Company from
time to time by submitting such request to the transfer agent or appointed distributors in Singapore.
9 ”Transaction Request Form” means the form to be used for transacting in Shares.
29
 Singapore) 3 calendar days (excluding Saturday and Sunday) before the Valuation
Date (the “Subscription Pre-notification Date”), not later than 1:00 p.m. Luxembourg
time; and
(iii) the subscription has been accepted by the Management Company.

The Management Company may, at its discretion, require that the payment of such large
subscription be made in the base currency of the relevant Fund. The Management Company
may, at its discretion, accept on any Valuation Date subscription for Shares with a value greater
than the aforesaid amounts applicable to the relevant Funds, even if received after the
Subscription Pre-notification Date and no later than the Dealing Deadline on that Valuation Date.

Please refer to the section headed “Issue of Shares” in the Luxembourg Prospectus for more
information.

11.2 The Eligibility of Investors, the Minimum Initial Investment Amount and Minimum Subsequent
Investment Amount

Minimum initial
Class Eligible investors
investment amount
Qualifying Institutional Investors (as USD 10 million or
defined below), and/or Capital Group equivalent 11 (for all Funds,
Investors 10 subject to conditions where applicable, except
established from time to time by CGETOPLU)
Class A4 and Capital Group. Eligibility is subject, in
Equivalent Classes each Fund, to an initial investment
and minimum amount to be held at USD 5 million or equivalent11
any time as indicated in the right (for CGETOPLU)
column by Qualifying Institutional
Investors
USD 100 million or
Qualifying Institutional Investors (as
equivalent11 (for all Funds,
defined below), and/or Capital Group
where applicable, except
Investors subject to conditions
CGETOPLU and
established from time to time by
CGEMGLU)
Class A7 and Capital Group. Eligibility is subject, in
Equivalent Classes each Fund, to an initial investment
and minimum amount to be held at USD 10 million or
any time as indicated in the right equivalent11
column by Qualifying Institutional (for CGETOPLU and
Investors CGEMGLU)

10 A “Capital Group Investor” is an investor who has been approved as a shareholder of the Company by
the Management Company, subject to conditions established from time to time by Capital Group.
11 Unless a lower amount is approved by the Management Company’s Board of Directors or results from
market action. Different investment minima may apply if Shares are purchased with the assistance of a
distributor, as further detailed under the section headed “Distributors and other Intermediaries” in the
Luxembourg Prospectus.
30
 Qualifying Institutional Investors (as
defined below), and/or Capital Group USD 250 million or
Investors subject to conditions equivalent11 (for all Funds,
established from time to time by where applicable, except
Class A9 and Capital Group. Eligibility is subject, in
CGETOPLU, CGEMGLU)
Equivalent Classes each Fund, to an initial investment
and minimum amount to be held at USD 100 million or
any time as indicated in the right equivalent11
column by Qualifying Institutional (for CGETOPLU and
Investors CGEMGLU)

USD 500 million or

Qualifying Institutional Investors (as equivalent11 (for all Funds,
defined below), and/or Capital Group where applicable, except
Investors subject to conditions CGETOPLU and
established from time to time by CGEMGLU)
Class A11 and Capital Group. Eligibility is subject, in
USD 250 million or
Equivalent Classes each Fund, to an initial investment
equivalent11
and minimum amount to be held at
(for CGEMGLU)
any time as indicated in the right
column by Qualifying Institutional USD 200 million or
Investors equivalent11
(for CGETOPLU)

Qualifying Institutional Investors (as

defined below), and/or Capital Group USD 750 million or
Investors subject to conditions equivalent11
established from time to time by (For CGEMDLU and
Class A13 and Capital Group. Eligibility is subject, in CGEMLCDLU)
Equivalent Classes each Fund, to an initial investment
and minimum amount to be held at USD 250 million or
any time as indicated in the right equivalent11
column by Qualifying Institutional (For CGETOPLU)
Investors
Qualifying Institutional Investors (as
defined below), and/or Capital Group
USD 1,000 million or
Investors subject to conditions
Class A15 and equivalent11
established from time to time by
Equivalent Classes (For CGEMDLU and
Capital Group. Eligibility is subject, in
CGEMLCDLU)
each Fund, to an initial investment
and minimum amount to be held at

31
 any time as indicated in the right
column by Qualifying Institutional
Investors

Individual investors investing either

Class B and No initial investment and
with the assistance of distributors, or
Equivalent Classes minimum amount is required
directly
Institutional Investors 12 which are
Capital Group Investors, subject to
conditions established from time to
time by Capital Group, including the
Class C and
entering into a separate agreement None
Equivalent Classes
with respect to management fee
and/or other fund expenses, which
are not deducted from these Shares’
Net Asset Value
(i) Distributors who are directly
compensated by investors through
separate fee arrangements, and are
not allowed to accept and keep trail
commissions, either due to
regulatory restrictions such as EC
Directive 2014/65/EC as amended
(commonly referred to as “MiFID II”)
Class P and or similar laws and regulations or on USD 100 million or
Equivalent Classes the basis of contractual equivalent11
arrangements and (ii) Capital Group
Investors subject to conditions
established from time to time by
Capital Group. Eligibility is subject, in
each Fund, to an initial investment
and minimum amount to be held at
any time as indicated in the right
column by the Distributor
(i) Distributors who are directly
Class Z and compensated by investors through No initial investment and
Equivalent Classes separate fee arrangements, and are minimum amount is required
not allowed to accept and keep trail

12 “Institutional Investor” means an investor meeting the requirements to qualify as an institutional investor
for the purposes of Article 174 of the Law.
32
 commissions, either due to
regulatory restrictions such as EC
Directive 2014/65/EC as amended
(commonly referred to as “MiFID II”)
or similar laws and regulations or on
the basis of contractual
arrangements and (ii) Capital Group
Investors subject to conditions
established from time to time by
Capital Group
(i) Distributors who are directly
compensated by investors through
separate fee arrangements, and are
not allowed to accept and keep trail USD 500 million or
commissions, either due to equivalent11 (for CGNPLU)
regulatory restrictions such as EC
Directive 2014/65/EC as amended
(commonly referred to as “MiFID II”)
Class ZL and or similar laws and regulations or on
Equivalent Classes the basis of contractual
arrangements and (ii) Capital Group
Investors subject to conditions
USD 250 million or
established from time to time by
equivalent11 (for CGNWLU,
Capital Group. Eligibility is subject, in
CGICALU and CGGCBLU)
each Fund, to an initial investment
and minimum amount to be held at
any time as indicated in the right
column by the Distributor

“Qualifying Institutional Investors” means:

(i) Where investing their own assets, pension funds, social security institutions, charitable
endowments, corporate treasurers, insurance, reinsurance companies and sovereign
wealth funds and any State or State related entity, all subscribing on their own behalf.

(ii) Collective investment undertakings, holding companies, credit institutions and other
regulated professionals of the financial sector investing in their own name but on behalf
of Qualifying Institutional Investors (as defined above in sub-paragraph (i)).

All Qualifying Institutional Investors meet the conditions of Article 174 of the Law.

Subject to the Company’s discretion to determine otherwise, there is no minimum subsequent

investment amount in respect of each Class of the Funds.

11.3 Launch Date and Initial Subscription Price for CGEMDLU, CGEMLCDLU, CGETOPLU and
CGEMGLU

The launch date(s) for CGEMDLU, CGEMLCDLU, CGETOPLU and CGEMGLU will be on such
33
 date(s) as may be determined by the Company and currently expected to be within 12 months
from the date of registration of the Registered Prospectus. The initial subscription price per
Share for each Share Class will be USD 10 (or the equivalent price per Share in the currency
of the Share Class) or such other price as may be determined by the Company.

11.4 Pricing and Dealing Deadline

Shares are offered on a forward pricing basis and the subscription price cannot be calculated at
the time of application. The subscription price is calculated by dividing the Net Asset Value by the
total number of Shares. Please refer to the section headed “Net Asset Value – Calculation
Principles” in the Luxembourg Prospectus for more information.

The dealing deadline for the Funds is 1:00 p.m. Luxembourg time on every Valuation Date (the
“Dealing Deadline”, which is known as the “Cut-off Time” in the Luxembourg Prospectus).
Subject to paragraph 11.1 above and the Management Company’s discretion to determine
otherwise, if the completed Transaction Request Form (together with all required identification
documents) is received by the Management Company (through the transfer agent or the
appointed distributors in Singapore) on a Valuation Date before the Dealing Deadline, Shares will
be issued at the subscription price for that Valuation Date. If an application is received on the
Valuation Date after the Dealing Deadline or at any time on a day which is not a Valuation Date,
Shares will be issued at the subscription price for the next Valuation Date.

Distributors and other intermediaries may apply different subscription procedures, including an
earlier dealing deadline, to subscriptions for shares made with their assistance; each distributor
or other intermediary will inform investors of the subscription procedures relevant to them.
Investors should note that they may be unable to open accounts or to transact in Shares on days
on which the distributor or other intermediary is not open for business.

Please refer to the section headed “Distributors and Other Intermediaries” in the Luxembourg
Prospectus for more information.

The Company, the Management Company and the distributors reserve the right to reject any
application for subscription in whole or in part without giving any reason. If an application is
rejected, the application monies or balance thereof will be, subject to applicable laws, returned at
the risk of the applicant and without interest as soon as reasonably practicable at the cost of the
applicant.

11.5 Swing Pricing Adjustment

A Fund may suffer dilution of the net asset value as a result of large subscriptions, redemptions
or switches. In order to counter such dilution impact, the Company adopts a swing pricing
mechanism as part of its valuation policy. If on any Valuation Date, the net aggregate amount
of subscriptions or redemptions in Shares of a Fund exceeds a pre-determined threshold
expressed as a percentage of the net asset value of that Fund, the net asset value may be
adjusted upwards or downwards to reflect the costs attributable to the underlying trade in
securities undertaken by the Investment advisers to accommodate inflows or outflows as the
case may be. The price adjustment may vary from Fund to Fund and will normally not exceed
2% of the original net asset value.

Please refer to the section headed “Swing pricing adjustment” of the Luxembourg Prospectus
for detailed information on swing pricing.

11.6 Numerical Example of How Shares are Issued

The number of Shares issued based on a gross investment amount of $1,000, a notional sales
charge13 of 5.25% and a notional subscription price of $1.00, is calculated as follows:

13 No sales charge will be imposed by the Management Company on investors who subscribe for Shares
through distributors in Singapore although investors should note that the distributors may impose a
subscription charge separately. A sales charge of up to a maximum of 5.25% may be withheld by
distributors and other intermediaries from any amount to be invested in all Classes with the exception of
34
 $1,000 - $52.50 = $947.50 ÷ $1.00 = 947.50

gross notional net notional no. of

investment sales investment subscription Shares
amount charge amount price (=Net
Asset
Value)

Investors should note that the notional subscription price is for illustrative purposes only and is
not indicative of any future or likely performance of any Fund.

11.7 Confirmation of Purchase

The relevant confirmations of Singapore Shareholder transactions detailing the investment

amount and the number of Shares issued to Singapore investors will be sent by the Management
Company’s transfer agent normally within one Business Day following the day on which the Net
Asset Value applicable to such purchase is determined.

11.8 Cancellation of Shares by Investors

A subscription request may not be withdrawn or amended by the investor after the Dealing
Deadline of the relevant Valuation Date applicable to the subscription unless as decided by the
Management Company in its sole discretion, subject to the fulfilment of certain conditions as set
out in the Luxembourg Prospectus. Please refer to the section headed “Issue of Shares - Standard
Subscription Procedures” in the Luxembourg Prospectus for more information.

11.9 Further information on subscriptions of Shares of the Funds can be found under the section
headed “Issue of Shares” and the relevant Annex 2 of the Luxembourg Prospectus.

12. REDEMPTIONS

12.1 Redemption Procedure

Shares will be redeemed by the Company at the relevant Net Asset Value, potentially adjusted
upwards or downwards as the case may be as described under the section headed “Swing
pricing adjustment” of the Luxembourg Prospectus, determined as of the Valuation Date on
which a valid written request is received from a Shareholder by the Management Company
(through the transfer agent or appointed distributors in Singapore) not later than the Dealing
Deadline (less applicable redemption charge, if any).

For any redemption with a value greater than EUR 10 million or equivalent in relation to
CGJPELU, EUR 25 million or equivalent in relation to CGGHIOLU, USD 25 million or equivalent
in relation to CGNWLU and CGEMDLU, USD 50 million or equivalent in relation to CGEMGLU
and CGETOPLU, and USD 5 million or equivalent in relation to CGEMLCDLU, Shares will be
redeemed by the Company at the relevant Net Asset Value, potentially adjusted upwards or
downwards as the case may be as described under the section headed “Swing pricing
adjustment” of the Luxembourg Prospectus, determined as of the relevant Valuation Date
provided that a valid written request is received from a Shareholder 3 calendar days (excluding
Saturday and Sunday) before the Valuation Date (the “Redemption Pre-notification Date”).

The Management Company may, at its discretion, accept on any Valuation Date redemption
for Shares with a value greater than the aforesaid amounts applicable to the relevant Funds,

Class A4, Class A7, Class A9, Class A11, Class A13, Class A15 and Class C. The Management Company
can also withhold a sales charge of up to a maximum of 5.25% from any amount to be invested in all
Classes with the exception of Class A4, Class A7, Class A9, Class A11, Class A13, Class A15 and Class
C. A switch from one Fund to another is deemed a sale for this purpose. Please refer to the section headed
“Expenses”, in particular, the sub-section headed “Sales Charge Borne by the Investor” of the
Luxembourg Prospectus for further information.

35
 even if received after the Redemption Pre-notification Date and no later than the Dealing
Deadline on that Valuation Date.

Except if otherwise provided, Shares will be redeemed to the redeeming Shareholder only and
provided that:

(i) the Shareholder had provided the Management Company or the administrative
manager with all required account opening documentation as described under the
section headed “Account Opening” in the Luxembourg Prospectus; and

(ii) a completed and valid Transaction Request Form (available from the transfer agent or
appointed distributors in Singapore upon request) had been received by the
Management Company (through the transfer agent or appointed distributors in
Singapore) before the Dealing Deadline.

12.2 Minimum Holding and Redemption Amount

Class Eligible investors Minimum holding amount

Qualifying Institutional Investors (as

defined in paragraph 11.2 above),
USD 10 million or
and/or Capital Group Investors
equivalent11 (for all Funds,
subject to conditions established
where applicable, except
Class A4 and from time to time by Capital Group.
CGETOPLU)
Equivalent Classes Eligibility is subject, in each Fund, to
an initial investment and minimum
amount to be held at any time as
indicated in the right column by
Qualifying Institutional Investors USD 5 million or equivalent11
(for CGETOPLU)

Qualifying Institutional Investors (as USD 100 million or

defined in paragraph 11.2 above), equivalent11 (for all Funds,
and/or Capital Group Investors where applicable, except
subject to conditions established CGETOPLU, CGEMGLU)
Class A7 and from time to time by Capital Group.
Equivalent Classes Eligibility is subject, in each Fund, to
an initial investment and minimum USD 10 million or

amount to be held at any time as equivalent11

indicated in the right column by (for CGETOPLU and

Qualifying Institutional Investors CGEMGLU)

Qualifying Institutional Investors (as

defined in paragraph 11.2 above), USD 250 million or
Class A9 and and/or Capital Group Investors equivalent11 (for all Funds,
Equivalent Classes subject to conditions established where applicable, except
from time to time by Capital Group. CGETOPLU and
Eligibility is subject, in each Fund, to CGEMGLU)

36
 an initial investment and minimum USD 100 million or
amount to be held at any time as equivalent11
indicated in the right column by (for CGETOPLU and
Qualifying Institutional Investors CGEMGLU)

USD 500 million or

Qualifying Institutional Investors (as equivalent11 (for all Funds,
defined in paragraph 11.2 above), where applicable except
and/or Capital Group Investors CGETOPLU and
subject to conditions established CGEMGLU)
Class A11 and from time to time by Capital Group.
Equivalent Classes USD 250 million or
Eligibility is subject, in each Fund, to
equivalent11
an initial investment and minimum
(for CGEMGLU)
amount to be held at any time as
indicated in the right column by USD 200 million or
Qualifying Institutional Investors equivalent11
(for CGETOPLU)

Qualifying Institutional Investors (as

defined in paragraph 11.2 above), USD 750 million or
and/or Capital Group Investors equivalent11
subject to conditions established (For CGEMDLU and
Class A13 and from time to time by Capital Group. CGEMLCDLU)
Equivalent Classes Eligibility is subject, in each Fund, to
an initial investment and minimum USD 250 million or
amount to be held at any time as equivalent11
indicated in the right column by (For CGETOPLU)
Qualifying Institutional Investors
Qualifying Institutional Investors (as
defined in paragraph 11.2 above),
and/or Capital Group Investors
subject to conditions established USD 1,000 million or
Class A15 and from time to time by Capital Group. equivalent11
Equivalent Classes Eligibility is subject, in each Fund, to (For CGEMDLU and
an initial investment and minimum CGEMLCDLU)
amount to be held at any time as
indicated in the right column by
Qualifying Institutional Investors
Individual investors investing either
Class B and No initial investment and
with the assistance of distributors, or
Equivalent Classes minimum amount is required
directly
Class C and Institutional Investors which are None

37
Equivalent Classes Capital Group Investors, subject to
conditions established from time to
time by Capital Group, including the
entering into a separate agreement
with respect to management fee
and/or other fund expenses, which
are not deducted from these Shares’
Net Asset Value
(i) Distributors who are directly
compensated by investors through
separate fee arrangements, and are
not allowed to accept and keep trail
commissions, either due to
regulatory restrictions such as EC
Directive 2014/65/EC as amended
(commonly referred to as “MiFID II”)
Class P and or similar laws and regulations or on USD 100 million or
Equivalent Classes the basis of contractual equivalent11
arrangements and (ii) Capital Group
Investors subject to conditions
established from time to time by
Capital Group. Eligibility is subject, in
each Fund, to an initial investment
and minimum amount to be held at
any time as indicated in the right
column by the Distributor
(i) Distributors who are directly
compensated by investors through
separate fee arrangements, and are
not allowed to accept and keep trail
commissions, either due to
regulatory restrictions such as EC
Class Z and Directive 2014/65/EC as amended No initial investment and
Equivalent Classes (commonly referred to as “MiFID II”) minimum amount is required
or similar laws and regulations or on
the basis of contractual
arrangements and (ii) Capital Group
Investors subject to conditions
established from time to time by
Capital Group

38
 (i) Distributors who are directly
compensated by investors through
separate fee arrangements, and are
not allowed to accept and keep trail
USD 500 million or
commissions, either due to
equivalent11 (for CGNPLU)
regulatory restrictions such as EC
Directive 2014/65/EC as amended
(commonly referred to as “MiFID II”)
Class ZL and or similar laws and regulations or on
Equivalent Classes the basis of contractual
arrangements and (ii) Capital Group
Investors subject to conditions
established from time to time by USD 250 million or
Capital Group. Eligibility is subject, in equivalent11 (for CGNWLU,
each Fund, to an initial investment CGICALU and CGGCBLU)
and minimum amount to be held at
any time as indicated in the right
column by the Distributor

Subject to the Company’s discretion to determine otherwise, there is no minimum redemption

amount in respect of each Class of the Funds.

12.3 Pricing and Dealing Deadline

The redemption price per Share is calculated on a forward pricing basis and the redemption
price of Shares cannot be ascertainable at the time of the redemption request. The redemption
price is calculated by dividing the Net Asset Value by the total number of Shares. Please refer to
the section headed “Net Asset Value – Calculation Principles” in the Luxembourg Prospectus for
more information.

Please refer to paragraph 11.4 above for details on the Dealing Deadline. Subject to paragraph
12.1 above and the Management Company’s discretion to determine otherwise, if the completed
Transaction Request Form (together with all required identification documents) is received by the
Management Company (through the transfer agent or the appointed distributors in Singapore) on
a Valuation Date before the Dealing Deadline, Shares will be redeemed at the redemption price
for that Valuation Date. If an application is received on the Valuation Date after the Dealing
Deadline or at any time on a day which is not a Valuation Date, Shares will be redeemed at the
redemption price for the next Valuation Date.

Distributors and other intermediaries may apply different redemption procedures, including an
earlier dealing deadline, to redemptions of shares made with their assistance; each distributor
or other intermediary will inform investors of the redemption procedures relevant to them.
Investors should note that they may be unable to open accounts or to transact in Shares on
days on which the distributor or other intermediary is not open for business.

Please refer to the section headed “Distributors and Other Intermediaries” in the Luxembourg
Prospectus for more information.

12.4 Numerical Example of Calculation of Redemption Proceeds

The amount of redemption proceeds based on a redemption of 1,000 Shares and a notional
redemption price of $1.10, is calculated as follows:

39
 1,000 x $1.10 = $1,100.00
Shares

redemption notional redemption redemption proceeds*

request price(=Net Asset
Value)

* There is currently no automatic redemption charge imposed. However, where short-term

and/or excessively frequent trading patterns and/or market timing practices have been
identified, the Management Company may take appropriate measures to protect the interests
of the Shareholders.

Please refer to the section headed “Protection Against Improper Trading Practices” of the
Luxembourg Prospectus for more information.

Investors should note that the notional redemption price is for illustrative purposes only and is
not indicative of any future or likely performance of any Fund.

12.5 Payment of Redemption Proceeds

Except if otherwise provided elsewhere, payment will normally be made:

(i) to the redeeming Shareholders only;

(ii) in the Payment Currency used for the Shareholder’s original subscription, unless the
redeeming Shareholder elects to receive the redemption amount in a different available
Payment Currency, in which case the amount will be converted by the administrative
manager into such currency at such Shareholder’s expense and risk (although if, in its
opinion, payment in any such currency is either not reasonably practical or prejudicial
to the remaining Shareholders, the Company may in exceptional circumstances pay in
any convertible currency of its choice);
(iii) no later than the third calendar day (excluding Saturday and Sunday) after the Valuation
Date on which the relevant Shares were redeemed or, if payments in the relevant
currency cannot settle on such date, on the next calendar day (excluding Saturday and
Sunday) on which the payment can settle, or if the final transaction amount, when
placing an order in number of Shares, cannot be confirmed in due course, on the
calendar day (excluding Saturday and Sunday) following this confirmation; and
(iv) by electronic bank transfer to the account designated for this purpose (including all
necessary details as specified in the Transaction Request Form) by the redeeming
Shareholder in his redemption request.

12.6 Further information on redemption of Shares of the Funds can be found under the section headed
“Redemption of Shares” and the relevant Annex 2 to the Luxembourg Prospectus.

13. SWITCHING

The Shareholders may apply for the switch of Shares of one Fund into Shares of the same Class
and Equivalent Classes in another Fund on any day that is a Valuation Date for both Funds by
submitting the relevant forms to the Management Company (through the transfer agent or the
appointed distributors in Singapore). Shares for which valid switch instructions have been
received by the Management Company (through the transfer agent or the appointed distributors
in Singapore) no later than the Dealing Deadline on a Valuation Date or on the relevant Pre-
notification Date for any switch of Shares with a value greater than the amount specified in the
relevant Fund Information Sheet in Annex 2 of the Luxembourg Prospectus and accepted by the
Management Company will be switched into Shares of the same Class of the other Fund as of
that Valuation Date based on the Net Asset Values, potentially adjusted upwards or downwards
as the case may be as described under the section headed “Swing pricing adjustment” of the
Luxembourg Prospectus, of the relevant Funds, determined as of the corresponding Valuation
Date(s), in the Payment Currency of the existing holding.

40
 Distributors and other intermediaries may apply different switch procedures, including an earlier
dealing deadline, for switches between Funds made with their assistance; each distributor or
other intermediary will inform investors of the switching procedures relevant to them. Investors
should note that they may be unable to open accounts or to transact in Shares on days on which
the distributor or other intermediary is not open for business.

Please refer to the section headed “Distributors and Other Intermediaries” in the Luxembourg
Prospectus for more information.

A switch will only be processed if the resulting holding(s) of Shares meet(s) the applicable
minimum holding and other requirements. Switches of Shares of one Class of a Fund into
Shares of another Class (of either the same or a different Fund) are not permitted unless the
Shareholder meets all requirements applicable to investments in the Class into which he
requests to switch and the Management Company accepts such a switch. The Management
Company reserves the right to refuse to accept any switch application at its discretion, without
giving any reason.

For more information on switching, please refer to the section headed “Switching Between Funds”
in the Luxembourg Prospectus.

14. OBTAINING PRICE INFORMATION

The Net Asset Value for all Classes of Shares will be published on the Company’s website,
https://www.capitalgroup.com/asia and may be published in any other foreign publication as the
Company may decide from time to time. The Net Asset Value will usually be available online at
https://www.capitalgroup.com/asia either late on the relevant Valuation Date or early on the
following Business Day.

Investors should note that the frequency of the publication of the prices is dependent on the
publication policies of the publisher concerned. Save for any publications of the Company, the
Company does not accept any responsibility for, where applicable, any errors on the part of the
publisher concerned in the prices published in the newspapers or such other publication or for
any non-publication or late publication of prices by such publisher.

15. SUSPENSION OF DETERMINATION OF NET ASSET VALUE AND OF ISSUE, SWITCH

AND REDEMPTION OF SHARES

The Company may suspend the determination of the Net Asset Value of any or all Fund(s) or
Class(es) and suspend the issue, switch and redemption of Shares of such Fund(s) or Class(es)
in the circumstances described under the section headed “Suspension of Determination of Net
Asset Value and of Issue, Switch and Redemption of Shares” of the Luxembourg Prospectus.

16. PERFORMANCE OF THE FUNDS

Please refer to the relevant Appendix to this Singapore Prospectus for further details on the
performance of each Fund.

17. EXPENSE RATIOS AND TURNOVER RATIOS OF THE FUNDS

17.1 Expense Ratios

The expense ratios14 of each of the Classes of the Funds based on the Funds’ latest audited
accounts as at 31 December 2017 are:

14 The total expense is made up of the management fee, fund administration fee, custody fees and other
costs such as legal and audit fees, foreign registration costs, printing and mailing costs and the
Luxembourg “taxe d’abonnement” (a tax per annum on the total net assets of a fund). The expense ratios
are calculated in accordance with the requirements in the Investment Management Association of
41
 Fund Share Class Expense Ratio (%)
CGGELU A4 0.76
CGGELU A9 0.54
CGGELU B 1.74
CGGELU Bd 1.74
CGGELU C 0.15
CGGELU Z 0.90
CGGELU Zd 0.90
CGJPELU A4 0.66
CGJPELU B 1.77
CGJPELU Bd 1.77
CGJPELU Bh-EUR 1.77
CGJPELU Bh-USD 1.77
CGJPELU C 0.15
CGJPELU Ch-GBP 0.15
CGJPELU Z 0.90
CGJPELU Zd 0.90
CGJPELU Zgdh-GBP 0.90
CGJPELU Zh-CHF 0.90
CGJPELU Zh-EUR 0.90
CGJPELU Zh-GBP 0.90
CGJPELU Zh-USD 0.90
CGWDGLU B 1.74
CGWDGLU Bd 1.74
CGWDGLU Bgd 1.74
CGWDGLU C 0.15
CGWDGLU Z 0.75
CGWDGLU Zd 0.75
CGWDGLU Zgd 0.75
CGGGILU A7 0.61
CGGGILU B 1.77
CGGGILU Bd 1.77
CGGGILU C 0.15
CGGGILU Z 0.90
CGGGILU Zd 0.90
CGGGILU Zgd 0.90
CGEGILU A4 0.76
CGEGILU B 1.74
CGEGILU Bd 1.74
CGEGILU Bfd 1.73
CGEGILU Bfdh-USD 1.73
CGEGILU Bh-USD 1.74

Singapore’s guidelines on the disclosure of expense ratios. The following expenses, where applicable,
are excluded from the calculation of the expense ratios:
(a) brokerage and other transaction costs;
(b) foreign exchange gains and losses;
(c) front-end or back-end loads and other costs arising on the purchase or sale of other funds;
(d) tax deducted at source or arising from income received, including withholding tax; and
(e) dividends and other distributions paid to Shareholders.

42
 Fund Share Class Expense Ratio (%)
CGEGILU C 0.15
CGEGILU Z 0.90
CGEGILU Zd 0.90
CGEGILU Zgdh-GBP 0.90
CGEGILU Zh-GBP 0.90
CGEGILU Zh-USD 0.90
CGGALU B 1.74
CGGALU Bd 1.74
CGGALU Bdh-EUR 1.73
CGGALU Bh-EUR 1.73
CGGALU C 0.15
CGGALU Ch-JPY 0.15
CGGALU Z 0.75
CGGALU Zd 0.75
CGGALU Zgd 0.75
CGGALU Zh-EUR 0.75
CGGHIOLU A4 0.76
CGGHIOLU A7 0.61
CGGHIOLU B 1.76
CGGHIOLU Bd 1.76
CGGHIOLU Bdh-EUR 1.76
CGGHIOLU Bdh-GBP 1.76
CGGHIOLU Bfd 1.77
CGGHIOLU Bfdh-SGD 1.76
CGGHIOLU Bgd 1.76
CGGHIOLU Bgdh-GBP 1.76
CGGHIOLU Bh-EUR 1.76
CGGHIOLU Bh-GBP 1.76
CGGHIOLU C 0.15
CGGHIOLU Cd 0.15
CGGHIOLU Ch-JPY 0.15
CGGHIOLU Z 0.90
CGGHIOLU Zd 0.90
CGGHIOLU Zdh-EUR 0.90
CGGHIOLU Zdh-GBP 0.90
CGGHIOLU Zfdh-SGD 0.90
CGGHIOLU Zgd 0.90
CGGHIOLU Zgdh-GBP 0.90
CGGHIOLU Zh-CHF 0.90
CGGHIOLU Zh-EUR 0.90
CGGHIOLU Zh-GBP 0.90
CGGBLU A4 0.44
CGGBLU A7 0.40
CGGBLU B 1.25
CGGBLU Bd 1.25
CGGBLU C 0.10
CGGBLU Cd 0.10
CGGBLU Cdh-EUR 0.10
CGGBLU Ch-CHF 0.10
43
 Fund Share Class Expense Ratio (%)
CGGBLU Ch-JPY 0.10
CGGBLU Ch-USD 0.10
CGGBLU Z 0.60
CGGBLU Zd 0.60
CGEBLU A4 0.36
CGEBLU B 1.25
CGEBLU Bd 1.25
CGEBLU C 0.10
CGEBLU Ch-CHF 0.10
CGEBLU Z 0.60
CGEBLU Zd 0.60
CGECBLU B 1.24
CGECBLU Bd 1.24
CGECBLU C 0.10
CGECBLU Z 0.50
CGECBLU Zd 0.50
CGNPLU A4 0.76
CGNPLU A7 0.61
CGNPLU B 1.65
CGNPLU Bd 1.65
CGNPLU Bgd 1.66
CGNPLU Bh-CHF 1.66
CGNPLU Bh-EUR 1.66
CGNPLU Bh-GBP 1.66
CGNPLU Bh-SGD 1.66
CGNPLU C 0.13
CGNPLU Ch-CHF 0.10
CGNPLU Z 0.82
CGNPLU Zd 0.82
CGNPLU Zdh-EUR 0.89
CGNPLU Zgd 0.80
CGNPLU Zh-CHF 0.83
CGNPLU Zh-EUR 0.83
CGNPLU Zh-GBP 0.82
CGNPLU Zh-SGD 0.82
CGNPLU ZL 0.74
CGNPLU ZLd 0.74
CGNPLU ZLgd 0.74
CGNPLU ZLh-CHF 0.74
CGNPLU ZLh-EUR 0.74
CGNPLU ZLh-GBP 0.74
CGICALU A4 0.66
CGICALU A7 0.51
CGICALU B 1.74
CGICALU Bd 1.74
CGICALU Bh-EUR 1.73
CGICALU C 0.15
CGICALU Z 0.80
CGICALU Zd 0.80
44
 Fund Share Class Expense Ratio (%)
CGICALU Zdh-GBP 0.80
CGICALU Zgd 0.80
CGICALU Zgdh-GBP 0.80
CGICALU Zh-CHF 0.80
CGICALU Zh-EUR 0.80
CGICALU ZLd 0.75
CGICALU ZLgd 0.75
CGICALU ZLgdh-GBP 0.75
CGNWLU A7 0.74
CGNWLU B 1.98
CGNWLU Bh-EUR 1.96
CGNWLU C 0.15
CGNWLU Z 1.03
CGNWLU Zd 1.03
CGNWLU Zgd 1.03
CGNWLU Zh-EUR 1.03
CGGIBLU C 0.10
CGGIBLU Ch-JPY 0.10
CGGIBLU Z 0.60
CGUSCBLU B 1.26
CGUSCBLU Z 0.60
CGUSCBLU Zd 0.60
CGUSCBLU Zgd 0.60
CGAMCAPLU B 1.80
CGAMCAPLU Bh-EUR 1.80
CGAMCAPLU C 0.15
CGAMCAPLU Z 0.90
CGAMCAPLU Zgd 0.90
CGAMCAPLU Zh-CHF 0.90
CGAMCAPLU Zh-EUR 0.90
CGAMCAPLU Zh-GBP 0.90
CGUSHYLU B 1.63
CGUSHYLU Z 0.80
CGUSHYLU Zd 0.80
CGUSHYLU Zgd 0.80

The expense ratios for Classes that have been launched for less than a year as at 31 December
2017 are annualised in accordance with the Investment Management Association of
Singapore’s guidelines on the disclosure of expense ratios.

Classes whose expense ratios are not included in the above table have not been launched for
subscription as at 31 December 2017.

17.2 Turnover Ratios

The turnover ratios of the Funds for the period from 1 January 2017 to 31 December 2017 on the
Company’s latest audited accounts are listed in the following table. The turnover ratio, expressed
as a percentage, is calculated over a twelve-month period and reflects the volume of dealing in
the Fund. It is calculated based on the lesser of purchases or sales of underlying investments of
the relevant Fund expressed as a percentage of daily average net asset value of the relevant
Fund, which is reflected in the following formula:-

45
 transactions (lesser of total purchases or sales)
Turnover ratio =
daily average net asset value

Funds Turnover Ratios (%)

CGGELU 45.94
52.85
CGJPELU
16.18
CGGGILU
41.29
CGEGILU
CGWDGLU 22.72

CGGALU 26.70

CGGHIOLU 36.33

CGGBLU 101.65

CGEBLU 155.98

CGECBLU 33.25

CGNPLU 23.08

CGICALU 56.04

CGNWLU 31.87

CGGIBLU 204.35

The turnover ratios of CGUSCBLU, CGAMCAPLU, CGUSHYLU, CGGCBLU, CGCIBLU,

CGEMDLU, CGEMLCDLU, CGETOPLU and CGEMGLU for the financial period ending 31
December 2017 are not available as the Funds have not been launched or have been launched
for subscription for less than a year as at 31 December 2017.

18. SOFT DOLLAR COMMISSIONS OR ARRANGEMENTS

The Investment Advisers appointed by the Management Company and/or the Management
Company do not have soft dollar arrangements in place with any brokers. It is a strongly held
ethical principle that the Investment Advisers do not use commissions incurred on behalf of clients
to purchase services or benefits for themselves. The Investment Advisers receive free research
from external brokers, and the research received from the external brokers supplements their or
the Company’s proprietary research. It should also be noted that the Investment Advisers
purchase a small amount of specialist research from selected brokers and other providers.

In accordance with normal market practice, the Investment Advisers receive research, statistical
and other related services from brokers, but they do not commit to any specific amount of
business with these firms in exchange for such services. The Investment Advisers may give
preference to brokers that have provided such services for the ultimate benefit of their clients and
may in this context pay commissions reasonably in excess of what other broker-dealers might
have charged, in recognition of the research services provided. The Investment Advisers also pay
cash for third-party research they receive.

19. CONFLICTS OF INTEREST

The directors of the Company and/or the Management Company and/or the Investment Advisers
and/or the latter’s affiliates and/or employees may own, hold, dispose or otherwise deal with the
Shares under conditions that the interests of Shareholders are not prejudiced. Employees of the
Management Company and/or the Investment Advisers or their affiliates that have access to non-
public investment information related to current or imminent fund transactions are required to both
46
 pre-clear and report their investments in securities that may also be purchased in the relevant
Funds.

In the unlikely event of any conflict of interest arising as a result of such transactions/dealings, the
Company, the Management Company and the Investment Advisers will resolve such conflict in a
just and equitable manner as they deem fit which would not prejudice the interests of
Shareholders. The Company, the Management Company and the Investment Advisers shall
conduct all transactions with or for the Funds on an arm’s length basis. In addition, the Code of
Ethics is in place to ensure high ethical and professional standards of the investment
professionals as well as fair treatment to the investing public, in line with best practice.

The Management Company and/or the Investment Advisers may from time to time have to deal
with competing or conflicting interests of the relevant Funds with other funds managed by them.
However, the Management Company and/or the Investment Advisers will use reasonable
endeavors to act fairly and in the interests of the relevant Funds. In particular, after taking into
account the availability of cash and relevant investment objectives and guidelines of the other
funds, the Management Company and/or the Investment Advisers will endeavor to ensure that
both equity and bond orders are allocated fairly to other funds managed by them with the same,
or similar investment objectives and guidelines as the relevant Funds.

The Investment Advisers and the directors of the Company and/or the Management Company
are or may be involved in other financial, investment and professional activities which may on
occasion cause conflicts of interest with the management of the Funds. These include
management of other funds and serving as directors, officers, advisers or agents of other funds
or other companies. They will respectively ensure that the performance of their respective duties
in respect of the Funds will not be impaired by any such involvement that they might have. In the
event that a conflict of interest does arise, they shall endeavor to ensure that it is resolved fairly
and in the interest of Shareholders.

20. REPORTS

The financial year-end of the Company is 31 December.

Audited annual reports will be made available 4 months after the financial year-end and unaudited
semi-annual reports will be made available 2 months from the end of the half year period covered
by the semi-annual year-end of the Company on https://www.capitalgroup.com/asia.

21. CERTAIN SINGAPORE TAX CONSIDERATIONS

Investors should be aware that they may or may not be required to pay income tax or estate duty
in relation to their investments in the Funds. Investors who are in doubt of their tax position should
consult their own independent tax advisors.

22. USE OF DERIVATIVE INSTRUMENTS

Under the conditions laid down by law, regulations and administrative practice, the Funds may
use financial derivative instruments, including equivalent cash-settled instruments, admitted to
an official listing or dealt in on a regulated market, and/or financial derivative instruments dealt
in the over-the-counter derivative markets. Unless otherwise indicated in the relevant Appendix
to this Singapore Prospectus, derivatives will only be used for the purposes of hedging and/or
efficient portfolio management. The Management Company will ensure that each Fund’s global
exposure relating to derivative instruments does not exceed its total net assets and the risk
management and compliance procedures and controls adopted are adequate and it has the
necessary expertise to control and manage the risks relating to the use of financial derivatives.

The methodology used in order to calculate the global exposure resulting from the use of
financial derivative instruments is the commitment approach in accordance with the CSSF
Circular 11/512.

47
 Upon request, Singapore investors may obtain supplementary information relating to the risk
management methods employed by the Management Company, including the quantitative
limits that are applied and any recent developments in the risk and yield characteristics of the
main categories of investments from the Singapore Representative.

Derivatives may expose a Fund to certain additional risks relative to traditional securities such as
credit risks of the counterparty, imperfect correlation between derivatives prices of related assets,
rates or indices, potential loss of more money than the actual cost of the investment, potential for
leverage, increased volatility and reduced liquidity and risk of mispricing or improper valuation.

Please refer to Annex 1, “General Investment Guidelines and Restrictions”, to the Luxembourg
Prospectus, for more information on the use of derivative instruments of the Company.

23. DISSOLUTION OF THE COMPANY

If the net assets of the Company fall below either of the following minima, the Company’s Board
of Directors must submit the question of the dissolution of the Company to a general meeting of
Shareholders (for which no quorum is prescribed) which must decide by the applicable proportion
of the Shares represented at the meeting, as specified below:

(1) Minimum – two-thirds of the minimum capital of the Company (presently EUR1,250,000)
Proportion of Shares – simple majority

(2) Minimum – one quarter of the minimum capital of the Company

Proportion of Shares – one quarter

Please refer to the section headed “Liquidation and Dissolution” in the Luxembourg Prospectus
for more information on liquidation and dissolution of the Company.

24. VALUATION

Please refer to the section headed “Net Asset Value” in the Luxembourg Prospectus for more
information on the method of valuation adopted in respect of the investments of the Funds.

25. QUERIES AND COMPLAINTS

For all enquiries and any complaints about the Company and/or the Funds, please contact the
Singapore Representative at:

Address: One Raffles Quay, 33rd floor North Tower, Singapore 048583

Telephone No.: (65) 6535-3777

26. OTHER MATERIAL INFORMATION

Use of ratings issued by credit rating agencies

For each Fund where the Investment Adviser(s) rely on ratings issued by credit rating agencies,
the relevant Investment Adviser(s) have established a set of internal credit assessment standards
and have put in place a credit assessment process to ensure that their investments are in line
with these standards. Information on the Investment Adviser(s)’ credit assessment process will
be made available to investors upon request.

Investors should refer to the Luxembourg Prospectus for other material information relating to the
Company or the Funds.

48
 APPENDIX 1

CAPITAL GROUP GLOBAL EQUITY FUND (LUX)

a. Investment Objective, Policy and Strategy

CGGELU (also referred to in this Appendix 1 as the “Fund”) aims for long-term capital growth
through investment primarily in listed Equity15, researched and selected on a world-wide basis.
The eligible investment countries for the Fund include any country that is included at any time
in the MSCI World Index, and Luxembourg.

Unlisted securities may also be purchased, subject to the relevant provisions of Annex 1, “General
Investment Guidelines and Restrictions”, to the Luxembourg Prospectus.

b. Share Classes in the Fund

As at the registration date of the Registered Prospectus, the following Classes are available for
subscription:

(i) Class A4
(ii) Class A9
(iii) Class B
(iv) Class Bd
(v) Class C
(vi) Class Z
(vii) Class Zd

c. Fees, Charges and Expenses

The fees, charges and expenses applicable to the Fund are set out in the table below.

Payable by the Investor

Sales charge16 Maximum of 5.25%

Payable by the Fund

Class A4 and its Equivalent Classes: 0.53% per annum

Class A7 and its Equivalent Classes: 0.43% per annum
Management Fee Class A9 and its Equivalent Classes: 0.40% per annum
Class A11 and its Equivalent Classes: 0.38% per annum
Class B and its Equivalent Classes: 1.50% per annum

15 “Equity” refers to any transferable equity and equity-related securities (including fixed income securities
convertible into equity or having attached warrants, warrants, American Depository Receipts, Global
Depository Receipts and preferred shares, all of which are considered equivalent to the underlying equity,
as the case may be, for all intents and purposes).
16 No sales charge will be imposed by the Management Company on investors who subscribe for Shares
through distributors in Singapore although investors should note that the distributors may impose a
subscription charge separately. A sales charge of up to a maximum of 5.25% may be withheld by
distributors and other intermediaries from any amount to be invested in all Classes with the exception of
Class A4, Class A7, Class A9, Class A11, Class A13, Class A15 and Class C. The Management Company
can also withhold a sales charge of up to a maximum of 5.25% from any amount to be invested in all
Classes with the exception of Class A4, Class A7, Class A9, Class A11, Class A13, Class A15 and Class
C. A switch from one Fund to another is deemed a sale for this purpose. Please refer to the section headed
“Expenses”, in particular, the sub-section headed “Sales Charge Borne by the Investor” of the
Luxembourg Prospectus for further information.
49
 Class C and its Equivalent Classes: fluctuating17
Class Z and its Equivalent Classes: 0.75% per annum
Effective rate varies with the total assets of the Fund up to
Fund Administration Fee
a maximum of 0.15% per annum
Effective rate varies with the total assets and with the
Depositary and Custody Fees country breakdown in the portfolio of the Fund up to a
maximum of 0.05% per annum

Please refer to the section headed “Expenses” of the Luxembourg Prospectus and the relevant
Annex 2 to the Luxembourg Prospectus for more information on the fees, charges and expenses
applicable to the Fund.

d. Performance of the Fund

The performance18 of each Class of the Fund and its benchmark19, MSCI World Index with net
dividends reinvested, as at 28 September 2018 is as follows:

Inception 1 year 3 years 5 years 10 years Lifetime

Class
date (%) (%) (%) (%) (%)
A4 07-Jul-2008 6.33 9.70 10.72 9.78 8.65
A9 03-Sep-2014 6.58 9.95 n.a. n.a. 9.18
B 06-Oct-2000 5.36 8.68 9.67 8.78 1.72
Bd 31-Aug-2004 5.36 8.67 9.67 8.78 5.03
C 03-Oct-2000 6.98 10.39 11.40 10.50 3.31
Z 25-Apr-2013 6.16 9.56 10.55 n.a. 10.57
Zd 25-Apr-2013 6.20 9.57 10.53 n.a. 10.55
Benchmark 13.22 12.05 12.68 10.64 3.26

Performance is calculated in EUR, on a NAV-NAV and swung pricing basis, with all dividends
and distributions reinvested (net of reinvestment charges) and based on the assumption that
the maximum sales charge was imposed and that any applicable redemption charge was
imposed over the time period. Figures for the last one year show the percentage change, while
figures exceeding one year show the average annual compounded return.

Inception 1 year 3 years 5 years 10 years Lifetime

Class
date20 (%) (%) (%) (%) (%)
A4 07-Jul-2008 12.22 11.69 11.92 10.37 9.22
A9 03-Sep-2014 12.49 11.95 n.a. n.a. 10.63
B 06-Oct-2000 11.20 10.65 10.86 9.37 2.03
Bd 31-Aug-2004 11.20 10.64 10.86 9.37 5.43
C 03-Oct-2000 12.91 12.39 12.61 11.10 3.62
Z 25-Apr-2013 12.05 11.55 11.74 n.a. 11.67
Zd 25-Apr-2013 12.08 11.56 11.73 n.a. 11.65
Benchmark 13.22 12.05 12.68 10.64 3.26

Performance is calculated in EUR, on a NAV-NAV and swung pricing basis, with all dividends
and distributions reinvested (net of reinvestment charges) and based on the assumption that no

17 Investments in Class C Shares and Shares of Equivalent Classes may only be made by investors having
entered into a separate agreement with respect to management fee and/or other fund expenses, which
are not deducted from these Shares’ Net Asset Value.
18 Source: Capital Group.
19 Shown for indicative purposes only.
20 Inception date is the date as of which shares are first issued by a fund, and hence the date on which the
fund or share class was first priced.
50
 sales and redemption charges were imposed. Figures for the last one year show the percentage
change, while figures exceeding one year show the average annual compounded return.

The benchmark's lifetime return is based on the length of oldest share class (i.e. Class C).

Shares whose returns are not included in the above tables have not been launched or have
been launched for less than a year as at 28 September 2018.

Past performance of the Fund is not necessarily indicative of the future performance of
the Fund.

e. Dividend Policy

It is not at present intended that dividends be distributed to Shareholders of Class A4, Class A7,
Class A9, Class A11, Class B, Class C, Class Z and corresponding Hedged Equivalent Classes
in the Fund. The Company intends to recommend that dividends be distributed to Shareholders
of all Dividend-distributing Equivalent Classes and Dividend-distributing Hedged Equivalent
Classes.

Dividends may not actually be distributed in any given accounting period if such Class(es) has no
or no significant net investment income.

Further details on the Company’s dividend policy are set out in the section headed “Dividend
Policy” in the Luxembourg Prospectus.

51
 APPENDIX 2

CAPITAL GROUP JAPAN EQUITY FUND (LUX)

a. Investment Objective, Policy and Strategy

CGJPELU (also referred to in this Appendix 2 as the “Fund”) aims for long-term capital growth
through investment primarily in listed Equity of issuers domiciled and/or having their principal
place of business in Japan.

Unlisted securities may also be purchased, subject to the relevant provisions of Annex 1, “General
Investment Guidelines and Restrictions”, to the Luxembourg Prospectus.

b. Share Classes in the Fund

As at the registration date of the Registered Prospectus, the following Classes are available for
subscription:

(i) Class A4
(ii) Class B
(iii) Class Bd
(iv) Class Bh-EUR
(v) Class Bh-USD
(vi) Class C
(vii) Class Ch-GBP
(viii) Class Z
(ix) Class Zd
(x) Class Zdgh-GBP
(xi) Class Zh-CHF
(xii) Class Zh-EUR
(xiii) Class Zh-GBP
(xiv) Class Zh-USD

c. Fees, Charges and Expenses

The fees, charges and expenses applicable to the Fund are set out in the table below.

Payable by the Investor

Sales charge21 Maximum of 5.25%

Payable by the Fund

Class A4 and its Equivalent Classes: 0.475% per annum

Class A7 and its Equivalent Classes: 0.40% per annum
Management Fee
Class A9 and its Equivalent Classes: 0.365% per annum
Class A11 and its Equivalent Classes: 0.330% per annum

21 No sales charge will be imposed by the Management Company on investors who subscribe for Shares
through distributors in Singapore although investors should note that the distributors may impose a
subscription charge separately. A sales charge of up to a maximum of 5.25% may be withheld by
distributors and other intermediaries from any amount to be invested in all Classes with the exception of
Class A4, Class A7, Class A9, Class A11, Class A13, Class A15 and Class C. The Management Company
can also withhold a sales charge of up to a maximum of 5.25% from any amount to be invested in all
Classes with the exception of Class A4, Class A7, Class A9, Class A11, Class A13, Class A15 and Class
C. A switch from one Fund to another is deemed a sale for this purpose. Please refer to the section headed
“Expenses”, in particular, the sub-section headed “Sales Charge Borne by the Investor” of the
Luxembourg Prospectus for further information.
52
 Class B and its Equivalent Classes: 1.50% per annum
Class C and its Equivalent Classes: fluctuating 22
Class Z and its Equivalent Classes: 0.75% per annum
Effective rate varies with the total assets of the Fund up to
Fund Administration Fee
a maximum of 0.15% per annum
Effective rate varies with the total assets and with the
Depositary and Custody Fees country breakdown in the portfolio of the Fund up to a
maximum of 0.05% per annum

Please refer to the section headed “Expenses” of the Luxembourg Prospectus and the relevant
Annex 2 to the Luxembourg Prospectus for more information on the fees, charges and expenses
applicable to the Fund.

d. Performance of the Fund

The performance23 of each Class of the Fund and its benchmark24, TOPIX Total Return Index,
as at 28 September 2018 is as follows:

1 year 3 years 5 years 10 years Lifetime

Class Inception date
(%) (%) (%) (%) (%)
A4 07-Jul-2008 5.45 10.64 9.44 8.11 5.93
B 20-Apr-2006 4.39 9.47 8.30 6.97 1.33
Bd 20-Apr-2006 4.39 9.46 8.29 6.96 1.31
Bh-EUR 10-Dec-2013 3.41 8.24 n.a. n.a. 5.90
Bh-USD 13-Nov-2014 6.23 9.83 n.a. n.a. 6.55
C 20-Apr-2006 5.93 11.19 10.02 8.72 2.97
Ch-GBP 16-Feb-2015 6.20 10.33 n.a. n.a. 7.20
Z 25-Apr-2013 5.22 10.38 9.20 n.a. 9.30
Zd 25-Apr-2013 5.18 10.36 9.18 n.a. 9.31
Zgdh-GBP 16-Jul-2013 5.25 9.43 8.05 n.a. 7.91
Zh-CHF 06-Sep-2013 4.05 8.76 7.09 n.a. 8.48
Zh-EUR 14-Jan-2014 4.25 9.21 n.a. n.a. 6.63
Zh-GBP 28-Jun-2013 5.24 9.36 7.72 n.a. 9.12
Zh-USD 27-Dec-2013 7.02 10.67 n.a. n.a. 7.11
Benchmark 10.84 11.15 11.03 7.48 2.30

Performance is calculated in JPY (save for Classes Bh-EUR and Zh-EUR which are calculated
in EUR, Class Zh-CHF which is calculated in CHF, Classes Ch-GBP, Zgdh-GBP and Zh-GBP
which are calculated in GBP, Classes Bh-USD and Zh-USD which are calculated in USD), on
a NAV-NAV and swung pricing basis, with all dividends and distributions reinvested (net of
reinvestment charges) and based on the assumption that the maximum sales charge was
imposed and that any applicable redemption charge was imposed over the time period. Figures
for the last one year show the percentage change, while figures exceeding one year show the
average annual compounded return.
1 year 3 years 5 years 10 years Lifetime
Class Inception date
(%) (%) (%) (%) (%)
A4 07-Jul-2008 11.29 12.65 10.63 8.70 6.49
B 20-Apr-2006 10.18 11.45 9.47 7.55 1.77
Bd 20-Apr-2006 10.17 11.44 9.46 7.54 1.75

22 Investments in Class C Shares and Shares of Equivalent Classes may only be made by investors having
entered into a separate agreement with respect to management fee and/or other fund expenses, which
are not deducted from these Shares’ Net Asset Value.
23 Source: Capital Group.
24 Shown for indicative purposes only.
53
 Bh-EUR 10-Dec-2013 9.14 10.21 n.a. n.a. 7.10
Bh-USD 13-Nov-2014 12.12 11.82 n.a. n.a. 8.04
C 20-Apr-2006 11.80 13.20 11.21 9.30 3.42
Ch-GBP 16-Feb-2015 12.08 12.33 n.a. n.a. 8.80
Z 25-Apr-2013 11.05 12.38 10.39 n.a. 10.39
Zd 25-Apr-2013 11.01 12.36 10.36 n.a. 10.40
Zgdh-GBP 16-Jul-2013 11.08 11.42 9.23 n.a. 9.03
Zh-CHF 06-Sep-2013 9.82 10.73 8.25 n.a. 9.64
Zh-EUR 14-Jan-2014 10.03 11.19 n.a. n.a. 7.86
Zh-GBP 28-Jun-2013 11.07 11.34 8.89 n.a. 10.25
Zh-USD 27-Dec-2013 12.94 12.67 n.a. n.a. 8.33
Benchmark 10.84 11.15 11.03 7.48 2.30

Performance is calculated in JPY (save for Classes Bh-EUR and Zh-EUR which are calculated
in EUR, Class Zh-CHF which is calculated in CHF, Classes Ch-GBP, Zgdh-GBP and Zh-GBP
which are calculated in GBP, Classes Bh-USD and Zh-USD which are calculated in USD), on
a NAV-NAV and swung pricing basis, with all dividends and distributions reinvested (net of
reinvestment charges) and based on the assumption that no sales charge and redemption
charge were imposed. Figures for the last one year show the percentage change, while figures
exceeding one year show the average annual compounded return.

The benchmark's lifetime return is based on the length of oldest share class (i.e. Class B).

There was a retroactive change of benchmark since inception of the Fund from MSCI Japan
Index with net dividends reinvested to TOPIX Total Return Index, which is more consistent with
the Fund’s investment universe and positioning.

Shares whose returns are not included in the above tables have not been launched or have
been launched for less than a year as at 28 September 2018.

Past performance of the Fund is not necessarily indicative of the future performance of
the Fund.

e. Dividend Policy

It is not at present intended that dividends be distributed to Shareholders of Class A4, Class A7,
Class A9, Class A11, Class B, Class C, Class Z and corresponding Hedged Equivalent Classes
in the Fund. The Company intends to recommend that dividends be distributed to Shareholders
of all Dividend-distributing Equivalent Classes and Dividend-distributing Hedged Equivalent
Classes.

Dividends may not actually be distributed in any given accounting period if such Class(es) has no
or no significant net investment income.

Further details on the Company’s dividend policy are set out in the section headed “Dividend
Policy” in the Luxembourg Prospectus.

54
 APPENDIX 3

CAPITAL GROUP WORLD DIVIDEND GROWERS (LUX)

a. Investment Objective, Policy and Strategy

CGWDGLU (also referred to in this Appendix 3 as the “Fund”) aims to provide long-term total
returns by investing primarily in listed Equity securities of companies worldwide that the
Investment Adviser believes have the potential to provide combinations of current yield and
dividend growth over the long term. The eligible investment countries for the Fund include any
country.

Unlisted securities may also be purchased, subject to the relevant provisions of Annex 1, “General
Investment Guidelines and Restrictions”, to the Luxembourg Prospectus. The Fund may invest
via the Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect into A-
shares on an ancillary basis.

b. Share Classes in the Fund

As at the date of this Singapore Prospectus, the following Classes are available for subscription:

(i) Class A4
(ii) Class B
(iii) Class Bd
(iv) Class Bgd
(v) Class C
(vi) Class Z
(vii) Class Zd
(viii) Class Zgd

c. Fees, Charges and Expenses

The fees, charges and expenses applicable to the Fund are set out in the table below.

Payable by the Investor

Sales charge25 Maximum of 5.25%

Payable by the Fund

Class A4 and its Equivalent Classes: 0.53% per annum

Class A7 and its Equivalent Classes: 0.43% per annum
Management Fee Class A9 and its Equivalent Classes: 0.40% per annum
Class A11 and its Equivalent Classes: 0.38% per annum
Class B and its Equivalent Classes: 1.50% per annum

25 No sales charge will be imposed by the Management Company on investors who subscribe for Shares
through distributors in Singapore although investors should note that the distributors may impose a
subscription charge separately. A sales charge of up to a maximum of 5.25% may be withheld by
distributors and other intermediaries from any amount to be invested in all Classes with the exception of
Class A4, Class A7, Class A9, Class A11, Class A13, Class A15 and Class C. The Management Company
can also withhold a sales charge of up to a maximum of 5.25% from any amount to be invested in all
Classes with the exception of Class A4, Class A7, Class A9, Class A11, Class A13, Class A15 and Class
C. A switch from one Fund to another is deemed a sale for this purpose. Please refer to the section headed
“Expenses”, in particular, the sub-section headed “Sales Charge Borne by the Investor” of the
Luxembourg Prospectus for further information.
55
 Class C and its Equivalent Classes: fluctuating 26
Class Z and its Equivalent Classes: 0.75% per annum
Effective rate varies with the total assets of the Fund up to
Fund Administration Fee
a maximum of 0.15% per annum
Effective rate varies with the total assets and with the
Depositary and Custody Fees country breakdown in the portfolio of the Fund up to a
maximum of 0.05% per annum

Please refer to the section headed “Expenses” of the Luxembourg Prospectus and the relevant
Annex 2 to the Luxembourg Prospectus for more information on the fees, charges and expenses
applicable to the Fund.

d. Performance of the Fund

The performance27 of each Class of the Fund and its benchmark28, MSCI AC World Index with
net dividends reinvested as at 28 September 2018 is as follows:

Class Inception date 1 year (%) 3 years (%) 5 years (%) Lifetime (%)

B 06-Aug-2013 -3.12 5.35 3.07 3.01

Bd 06-Aug-2013 -3.23 5.32 3.04 2.98
Bgd 06-Aug-2013 -3.21 5.30 3.03 2.97
C 06-Aug-2013 -1.65 7.03 4.72 4.65
Z 06-Aug-2013 -2.39 6.27 3.92 3.86
Zd 06-Aug-2013 -2.38 6.27 3.92 3.86
Zgd 06-Aug-2013 -2.36 6.26 3.92 3.87
Benchmark 9.77 13.40 8.67 8.77

Performance is calculated in USD, on a NAV-NAV and swung pricing basis, with all dividends
and distributions reinvested (net of reinvestment charges) and based on the assumption that
the maximum sales charge was imposed and that any applicable redemption charge was
imposed over the time period. Figures for the last one year show the percentage change, while
figures exceeding one year show the average annual compounded return.

Class Inception date 1 year (%) 3 years (%) 5 years (%) Lifetime (%)

B 06-Aug-2013 2.25 7.26 4.18 4.09

Bd 06-Aug-2013 2.13 7.23 4.16 4.07
Bgd 06-Aug-2013 2.16 7.21 4.15 4.06
C 06-Aug-2013 3.80 8.97 5.85 5.75
Z 06-Aug-2013 3.02 8.19 5.04 4.95
Zd 06-Aug-2013 3.03 8.20 5.05 4.96
Zgd 06-Aug-2013 3.05 8.18 5.05 4.96
Benchmark 9.77 13.40 8.67 8.77

Performance is calculated in USD, on a NAV-NAV and swung pricing basis, with all dividends
and distributions reinvested (net of reinvestment charges) and based on the assumption that no

26 Investments in Class C Shares and Shares of Equivalent Classes may only be made by investors having
entered into a separate agreement with respect to management fee and/or other fund expenses, which
are not deducted from these Shares’ Net Asset Value.
27 Source: Capital Group.
28 Shown for indicative purposes only.
56
 sales and redemption charges were imposed. Figures for the last one year show the percentage
change, while figures exceeding one year show the average annual compounded return.

The benchmark's lifetime return is based on the length of oldest share class (i.e. Class B).

Shares whose returns are not included in the above tables have not been launched or have
been launched for less than a year as at 28 September 2018.

Past performance of the Fund is not necessarily indicative of the future performance of
the Fund.

e. Dividend Policy

It is not at present intended that dividends be distributed to Shareholders of Class A4, Class A7,
Class A9, Class A11, Class B, Class C, Class Z and corresponding Hedged Equivalent Classes
in the Fund. The Company intends to recommend that dividends be distributed to Shareholders
of all Dividend-distributing Equivalent Classes and Dividend-distributing Hedged Equivalent
Classes.

Dividends may not actually be distributed in any given accounting period if such Class(es) has no
or no significant net investment income.

Further details on the Company’s dividend policy are set out in the section headed “Dividend
Policy” in the Luxembourg Prospectus.

57
 APPENDIX 4

CAPITAL GROUP GLOBAL GROWTH AND INCOME FUND (LUX)

a. Investment Objective, Policy and Strategy

CGGGILU (also referred to in this Appendix 4 as the “Fund”) aims for long-term capital growth
and income through investment primarily in listed Equity, researched and selected on a world-
wide basis. Preservation of capital is also a priority. The eligible investment countries for the Fund
include any country that is included at any time in the MSCI All Country World Index and
Luxembourg.

Unlisted securities may also be purchased, subject to the relevant provisions of Annex 1, “General
Investment Guidelines and Restrictions”, to the Luxembourg Prospectus.

b. Share Classes in the Fund

As at the registration date of the Registered Prospectus, the following Classes are available for
subscription:

(i) Class A7
(ii) Class B
(iii) Class Bd
(iv) Class C
(v) Class Z
(vi) Class Zd
(vii) Class Zgd

c. Fees, Charges and Expenses

The fees, charges and expenses applicable to the Fund are set out in the table below.

Payable by the Investor

Sales charge29 Maximum of 5.25%

Payable by the Fund

Class A4 and its Equivalent Classes: 0.53% per annum

Class A7 and its Equivalent Classes: 0.43% per annum
Class A9 and its Equivalent Classes: 0.40% per annum
Management Fee Class A11 and its Equivalent Classes: 0.38% per annum
Class B and its Equivalent Classes: 1.50% per annum
Class C and its Equivalent Classes: fluctuating 30
Class Z and its Equivalent Classes: 0.75% per annum

29 No sales charge will be imposed by the Management Company on investors who subscribe for Shares
through distributors in Singapore although investors should note that the distributors may impose a
subscription charge separately. A sales charge of up to a maximum of 5.25% may be withheld by
distributors and other intermediaries from any amount to be invested in all Classes with the exception of
Class A4, Class A7, Class A9, Class A11, Class A13, Class A15 and Class C. The Management Company
can also withhold a sales charge of up to a maximum of 5.25% from any amount to be invested in all
Classes with the exception of Class A4, Class A7, Class A9, Class A11, Class A13, Class A15 and Class
C. A switch from one Fund to another is deemed a sale for this purpose. Please refer to the section headed
“Expenses”, in particular, the sub-section headed “Sales Charge Borne by the Investor” of the
Luxembourg Prospectus for further information.
30 Investments in Class C Shares and Shares of Equivalent Classes may only be made by investors having
entered into a separate agreement with respect to management fee and/or other fund expenses, which
are not deducted from these Shares’ Net Asset Value.
58
 Effective rate varies with the total assets of the Fund up to
Fund Administration Fee
a maximum of 0.15% per annum
Effective rate varies with the total assets and with the
Depositary and Custody Fees country breakdown in the portfolio of the Fund up to a
maximum of 0.05% per annum

Please refer to the section headed “Expenses” of the Luxembourg Prospectus and the relevant
Annex 2 to the Luxembourg Prospectus for more information on the fees, charges and expenses
applicable to the Fund.

d. Performance of the Fund

The performance31 of each Class of the Fund and its benchmark32, MSCI AC World Index with
net dividends reinvested, as at 28 September 2018 is as follows:

3 years 5 years 10 years Lifetime

Class Inception date 1 year (%) (%)
(%) (%) (%)
A7 02-Jun-2017 4.90 n.a. n.a. n.a. 7.35
B 31-Jan-2008 3.80 10.52 5.90 7.30 4.43
Bd 31-Jan-2008 3.81 10.52 5.90 7.29 4.44
C 31-Jan-2008 5.42 12.31 7.61 9.03 6.13
Z 25-Apr-2013 4.59 11.45 6.76 n.a. 6.92
Zd 25-Apr-2013 4.63 11.45 6.77 n.a. 6.92
Zgd 09-Oct-2012 4.60 11.46 6.77 n.a. 8.44
Benchmark 9.77 13.40 8.67 8.19 5.56

Performance is calculated in USD, on a NAV-NAV and swung pricing basis, with all dividends
and distributions reinvested (net of reinvestment charges) and based on the assumption that
the maximum sales charge was imposed and that any applicable redemption charge was
imposed over the time period. Figures for the last one year show the percentage change, while
figures exceeding one year show the average annual compounded return.

Inception 1 year 3 years 5 years 10 years Lifetime

Class (%)
date (%) (%) (%) (%)
A7 02-Jun-2017 10.71 n.a. n.a. n.a. 11.80
B 31-Jan-2008 9.55 12.52 7.04 7.88 4.96
Bd 31-Jan-2008 9.56 12.53 7.05 7.87 4.97
C 31-Jan-2008 11.26 14.34 8.77 9.62 6.66
Z 25-Apr-2013 10.38 13.47 7.92 n.a. 7.99
Zd 25-Apr-2013 10.43 13.47 7.93 n.a. 7.99
Zgd 09-Oct-2012 10.40 13.48 7.93 n.a. 9.42
Benchmark 9.77 13.40 8.67 8.19 5.56

Performance is calculated in USD, on a NAV-NAV and swung pricing basis, with all dividends
and distributions reinvested (net of reinvestment charges) and based on the assumption that no
sales and redemption charges were imposed. Figures for the last one year show the percentage
change, while figures exceeding one year show the average annual compounded return.

The benchmark's lifetime return is based on the length of oldest share class (i.e. Class B).

31 Source: Capital Group.

32 Shown for indicative purposes only.
59
 Shares whose returns are not included in the above tables have not been launched or have
been launched for less than a year as at 28 September 2018.

Past performance of the Fund is not necessarily indicative of the future performance of
the Fund.

e. Dividend Policy

It is not at present intended that dividends be distributed to Shareholders of Class A4, Class A7,
Class A9, Class A11, Class B, Class C, Class Z and corresponding Hedged Equivalent Classes
in the Fund. The Company intends to recommend that dividends be distributed to Shareholders
of all Dividend-distributing Equivalent Classes and Dividend-distributing Hedged Equivalent
Classes.

Dividends may not actually be distributed in any given accounting period if such Class(es) has no
or no significant net investment income.

Further details on the Company’s dividend policy are set out in the section headed “Dividend
Policy” in the Luxembourg Prospectus.

60
 APPENDIX 5

CAPITAL GROUP EUROPEAN GROWTH AND INCOME FUND (LUX)

a. Investment Objective, Policy and Strategy

CGEGILU (also referred to in this Appendix 5 as the “Fund”) aims for long-term capital growth
and income through investment primarily in listed Equity of issuers domiciled and/or having their
principal place of business in European States. Preservation of capital is also a priority.

Up to 10% of the Fund’s assets may be invested in securities of issuers domiciled or having their
principal place of business in non-eligible investment countries. At least 75% of the Fund’s assets
should be invested in Equities of issuers domiciled in a member state of the European Union, in
a European Economic Area country or in the United Kingdom. Unlisted securities may also be
purchased, subject to the relevant provisions of Annex 1, “General Investment Guidelines and
Restrictions”, to the Luxembourg Prospectus.

b. Share Classes in the Fund

As at the registration date of the Registered Prospectus, the following Classes are available for
subscription:

(i) Class A4
(ii) Class B
(iii) Class Bd
(iv) Class Bfd
(v) Class Bfdh-USD
(vi) Class Bh-USD
(vii) Class C
(viii) Class Z
(ix) Class Zd
(x) Class Zgdh-GBP
(xi) Class Zh-GBP
(xii) Class Zh-USD

c. Fees, Charges and Expenses

The fees, charges and expenses applicable to the Fund are set out in the table below.

Payable by the Investor

Sales charge33 Maximum of 5.25%

Payable by the Fund

Class A4 and its Equivalent Classes: 0.53% per annum

Management Fee
Class A7 and its Equivalent Classes: 0.43% per annum

33 No sales charge will be imposed by the Management Company on investors who subscribe for Shares
through distributors in Singapore although investors should note that the distributors may impose a
subscription charge separately. A sales charge of up to a maximum of 5.25% may be withheld by
distributors and other intermediaries from any amount to be invested in all Classes with the exception of
Class A4, Class A7, Class A9, Class A11, Class A13, Class A15 and Class C. The Management Company
can also withhold a sales charge of up to a maximum of 5.25% from any amount to be invested in all
Classes with the exception of Class A4, Class A7, Class A9, Class A11, Class A13, Class A15 and Class
C. A switch from one Fund to another is deemed a sale for this purpose. Please refer to the section headed
“Expenses”, in particular, the sub-section headed “Sales Charge Borne by the Investor” of the
Luxembourg Prospectus for further information.
61
 Class A9 and its Equivalent Classes: 0.40% per annum
Class A11 and its Equivalent Classes: 0.38% per annum
Class B and its Equivalent Classes: 1.50% per annum
Class C and its Equivalent Classes: fluctuating 34
Class Z and its Equivalent Classes: 0.75% per annum
Effective rate varies with the total assets of the Fund up to
Fund Administration Fee
a maximum of 0.15% per annum
Effective rate varies with the total assets and with the
Depositary and Custody Fees country breakdown in the portfolio of the Fund up to a
maximum of 0.05% per annum

Please refer to the section headed “Expenses” of the Luxembourg Prospectus and the relevant
Annex 2 to the Luxembourg Prospectus for more information on the fees, charges and expenses
applicable to the Fund.

d. Performance of the Fund

The performance35 of each Class of the Fund and its benchmark36, MSCI Europe Index with
net dividends reinvested, as at 28 September 2018 is as follows:

Inception 1 year 3 years 5 years 10 years Lifetime

Class
date (%) (%) (%) (%) (%)
A4 14-Jan-2014 -4.17 2.20 n.a. n.a. 5.30
B 30-Oct-2002 -5.05 1.19 5.66 7.44 6.33
Bd 31-Aug-2004 -5.01 1.20 5.66 7.44 6.05
Bfd 06-Sep-2017 -5.02 n.a. n.a. n.a. -1.75
Bfdh-USD 06-Sep-2017 -3.04 n.a. n.a. n.a. -0.93
Bh-USD 14-Apr-2015 -2.99 5.25 n.a. n.a. 0.91
C 29-Jul-2005 -3.58 2.82 7.36 9.18 6.57
Z 25-Apr-2013 -4.29 2.05 6.52 n.a. 7.24
Zd 25-Apr-2013 -4.32 2.05 6.52 n.a. 7.25
Zgdh-GBP 14-Apr-2015 -3.74 4.99 n.a. n.a. 0.85
Zh-GBP 14-Apr-2015 -4.23 4.78 n.a. n.a. 0.67
Zh-USD 14-Apr-2015 -2.29 6.06 n.a. n.a. 1.91
Benchmark 1.47 6.29 6.92 6.87 6.49

Performance is calculated in EUR (save for Classes Bfdh-USD, Bh-USD and Zh-USD which
are calculated in USD and Classes Zgdh-GBP and Zh-GBP which are calculated in GBP), on
a NAV-NAV and swung pricing basis, with all dividends and distributions reinvested (net of
reinvestment charges) and based on the assumption that the maximum sales charge was
imposed and that any applicable redemption charge was imposed over the time period. Figures
for the last one year show the percentage change, while figures exceeding one year show the
average annual compounded return.

1 year 3 years 5 years 10 years Lifetime

Class Inception date
(%) (%) (%) (%) (%)
A4 14-Jan-2014 1.14 4.06 n.a. n.a. 6.52
B 30-Oct-2002 0.21 3.03 6.80 8.02 6.69
Bd 31-Aug-2004 0.25 3.03 6.80 8.02 6.46
Bfd 06-Sep-2017 0.24 n.a. n.a. n.a. 3.35

34 Investments in Class C Shares and Shares of Equivalent Classes may only be made by investors having
entered into a separate agreement with respect to management fee and/or other fund expenses, which
are not deducted from these Shares’ Net Asset Value.
35 Source: Capital Group.
36 Shown for indicative purposes only.
62
 Bfdh- 2.33 n.a. n.a. n.a. 4.20
06-Sep-2017
USD
Bh- 2.38 7.16 n.a. n.a. 2.49
14-Apr-2015
USD
C 29-Jul-2005 1.76 4.68 8.52 9.77 7.00
Z 25-Apr-2013 1.01 3.90 7.68 n.a. 8.31
Zd 25-Apr-2013 0.98 3.90 7.67 n.a. 8.32
Zgdh- 1.60 6.89 n.a. n.a. 2.43
14-Apr-2015
GBP
Zh- 1.08 6.68 n.a. n.a. 2.25
14-Apr-2015
GBP
Zh- 3.13 7.99 n.a. n.a. 3.51
14-Apr-2015
USD
Benchmark 1.47 6.29 6.92 6.87 6.49

Performance is calculated in EUR (save for Classes Bfdh-USD, Bh-USD and Zh-USD which
are calculated in USD and Classes Zgdh-GBP and Zh-GBP which are calculated in GBP), on
a NAV-NAV and swung pricing basis, with all dividends and distributions reinvested (net of
reinvestment charges) and based on the assumption that no sales and redemption charges
were imposed. Figures for the last one year show the percentage change, while figures
exceeding one year show the average annual compounded return.

The benchmark's lifetime return is based on the length of oldest share class (i.e. Class B).

Shares whose returns are not included in the above tables have not been launched or have
been launched for less than a year as at 28 September 2018.

Past performance of the Fund is not necessarily indicative of the future performance of
the Fund.

e. Dividend Policy

It is not at present intended that dividends be distributed to Shareholders of Class A4, Class A7,
Class A9, Class A11, Class B, Class C, Class Z and corresponding Hedged Equivalent Classes
in the Fund. The Company intends to recommend that dividends be distributed to Shareholders
of all Dividend-distributing Equivalent Classes and Dividend-distributing Hedged Equivalent
Classes.

Dividends may not actually be distributed in any given accounting period if such Class(es) has no
or no significant net investment income.

Further details on the Company’s dividend policy are set out in the section headed “Dividend
Policy” in the Luxembourg Prospectus.

63
 APPENDIX 6

CAPITAL GROUP GLOBAL ALLOCATION FUND (LUX)

a. Investment Objective, Policy and Strategy

CGGALU (also referred to in this Appendix 6 as the “Fund”) seeks the balanced accomplishment
of 3 objectives: long-term growth of capital, conservation of principal and current income. The
Fund will seek to meet these objectives by investing worldwide primarily in listed Equities and
Bonds of companies and governments and other fixed income securities including mortgage and
asset backed securities, denominated in various currencies. These are usually listed or traded on
other Regulated Markets37. The eligible investment countries for the Fund include any country.

In general, the Fund will seek to invest at least 45% of its total net assets in Equity and at least
25% of its total net assets in Investment Grade Bonds38.

The Fund may invest in ABS/MBS which will not exceed 15% of the net assets of the Fund, and
may invest up to 2% in distressed securities. The Fund may use interest rate swaps, CDX, futures
and options on futures. The Fund may invest in contingent convertible bonds which will not exceed
5% of the net assets of the Fund.

The Fund may invest via the Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong
Stock Connect into A-shares on an ancillary basis. The Fund may invest on the China Interbank
Bond Market up to 5% of the net assets of the Fund, either directly or via Bond Connect.

Unlisted securities may also be purchased, subject to the relevant provisions of Annex 1, “General
Investment Guidelines and Restrictions”, to the Luxembourg Prospectus.

b. Share Classes in the Fund

As at the date of this Singapore Prospectus, the following Classes are available for subscription:

(i) Class A4
(ii) Class A7
(iii) Class B
(iv) Class Bd
(v) Class Bdh-EUR
(vi) Class Bh-EUR
(vii) Class C
(viii) Class Ch-JPY
(ix) Class Z
(x) Class Zd
(xi) Class Zgd
(xii) Class Zh-EUR

c. Fees, Charges and Expenses

The fees, charges and expenses applicable to the Fund are set out in the table below.

37 “Regulated Market” refers to a market that is regulated, operating regularly, recognised and open to the
public. In the case of Bonds, Regulated Markets include (i) the Over-the-Counter-Markets of the NASDAQ
System, (ii) the Over-the-Counter Market of the members of the International Capital Market Association,
(iii) the US NASD-regulated Over-the-Counter Bond Market and (iv) any similarly operating Regulated
Market on which Bonds including Eurobonds and similar off-shore Bonds are customarily dealt in.
38 “Investment Grade Bond” refers to a Bond with a credit rating equal to or better than BBB- by Standard
& Poor’s or Fitch, or Baa3 by Moody’s, or an un-rated Bond deemed to be of equivalent standing by the
Investment Adviser. In the case of a split-rated security, the highest rating will apply, unless otherwise
specified in the relevant Fund Information Sheet in Annex 2 to the Luxembourg Prospectus.
64
 Payable by the Investor

Sales charge39 Maximum of 5.25%

Payable by the Fund

Class A4 and its Equivalent Classes: 0.53% per annum

Class A7 and its Equivalent Classes: 0.43% per annum
Class A9 and its Equivalent Classes: 0.40% per annum
Management Fee Class A11 and its Equivalent Classes: 0.38% per annum
Class B and its Equivalent Classes: 1.50% per annum
Class C and its Equivalent Classes: fluctuating 40
Class Z and its Equivalent Classes: 0.75% per annum
Effective rate varies with the total assets of the Fund up to
Fund Administration Fee
a maximum of 0.15% per annum
Effective rate varies with the total assets and with the
Depositary and Custody Fees country breakdown in the portfolio of the Fund up to a
maximum of 0.05% per annum

Please refer to the section headed “Expenses” of the Luxembourg Prospectus and the relevant
Annex 2 to the Luxembourg Prospectus for more information on the fees, charges and expenses
applicable to the Fund.

d. Performance of the Fund

The performance41 of each Class of the Fund and its benchmark42, 60% MSCI AC World Index
with net dividends reinvested and 40% Bloomberg Barclays Global Aggregate Bond Index,
rebalanced monthly, as at 28 September 2018 is as follows:

Class Inception date 1 year (%) 3 years (%) Lifetime (%)

B 31-Jan-2014 -2.74 5.65 3.40

Bd 31-Jan-2014 -2.72 5.64 3.40
Bdh-EUR 31-Jan-2014 -3.06 4.53 4.10
Bh-EUR 31-Jan-2014 -3.04 4.50 4.10
C 31-Jan-2014 -1.17 7.35 5.08
Ch-JPY 16-Dec-2015 -1.47 n.a. 5.94
Z 31-Jan-2014 -1.91 6.59 4.30
Zd 9-Dec-2014 -1.89 6.60 3.78
Zgd 31-Jan-2014 -1.93 6.59 4.29

39 No sales charge will be imposed by the Management Company on investors who subscribe for Shares
through distributors in Singapore although investors should note that the distributors may impose a
subscription charge separately. A sales charge of up to a maximum of 5.25% may be withheld by
distributors and other intermediaries from any amount to be invested in all Classes with the exception of
Class A4, Class A7, Class A9, Class A11, Class A13, Class A15 and Class C. The Management Company
can also withhold a sales charge of up to a maximum of 5.25% from any amount to be invested in all
Classes with the exception of Class A4, Class A7, Class A9, Class A11, Class A13, Class A15 and Class
C. A switch from one Fund to another is deemed a sale for this purpose. Please refer to the section headed
“Expenses”, in particular, the sub-section headed “Sales Charge Borne by the Investor” of the
Luxembourg Prospectus for further information.
40 Investments in Class C Shares and Shares of Equivalent Classes may only be made by investors having
entered into a separate agreement with respect to management fee and/or other fund expenses, which
are not deducted from these Shares’ Net Asset Value.
41 Source: Capital Group.
42 Shown for indicative purposes only.
65
 Zh-EUR 22-May-2017 -2.26 n.a. -0.05
Benchmark 5.28 8.81 5.48

Performance is calculated in EUR (save for Classes B, Bd, C, Z, Zd and Zgd which are
calculated in USD and Class Ch-JPY which is calculated in JPY), on a NAV-NAV and swung
pricing basis, with all dividends and distributions reinvested (net of reinvestment charges) and
based on the assumption that the maximum sales charge was imposed and that any applicable
redemption charge was imposed over the time period. Figures for the last one year show the
percentage change, while figures exceeding one year show the average annual compounded
return.

Class Inception date 1 year (%) 3 years (%) Lifetime (%)

B 31-Jan-2014 2.65 7.57 4.60

Bd 31-Jan-2014 2.67 7.55 4.60
Bdh-EUR 31-Jan-2014 2.31 6.42 5.31
Bh-EUR 31-Jan-2014 2.33 6.39 5.31
C 31-Jan-2014 4.30 9.30 6.30
Ch-JPY 16-Dec-2015 3.99 n.a. 8.00
Z 31-Jan-2014 3.52 8.52 5.51
Zd 9-Dec-2014 3.54 8.54 5.26
Zgd 31-Jan-2014 3.51 8.53 5.50
Zh-EUR 22-May-2017 3.15 n.a. 4.00
Benchmark 5.28 8.81 5.48

Performance is calculated in EUR (save for Classes B, Bd, C, Z, Zd and Zgd which are
calculated in USD and Class Ch-JPY which is calculated in JPY), on a NAV-NAV and swung
pricing basis, with all dividends and distributions reinvested (net of reinvestment charges) and
based on the assumption that no sales and redemption charges were imposed. Figures for the
last one year show the percentage change, while figures exceeding one year show the average
annual compounded return.

The benchmark's lifetime return is based on the length of oldest share class (i.e. Class B).

Shares whose returns are not included in the above tables have not been launched or have
been launched for less than a year as at 28 September 2018.

Past performance of the Fund is not necessarily indicative of the future performance of
the Fund.

e. Dividend Policy

It is not at present intended that dividends be distributed to Shareholders of Class A4, Class A7,
Class A9, Class A11, Class B, Class C, Class Z and corresponding Hedged Equivalent Classes
in the Fund. The Company intends to recommend that dividends be distributed to Shareholders
of all Dividend-distributing Equivalent Classes and Dividend-distributing Hedged Equivalent
Classes.

Dividends may not actually be distributed in any given accounting period if such Class(es) has no
or no significant net investment income.

Further details on the Company’s dividend policy are set out in the section headed “Dividend
Policy” in the Luxembourg Prospectus.

66
 APPENDIX 7

CAPITAL GROUP GLOBAL HIGH INCOME OPPORTUNITIES (LUX)

a. Investment Objective, Policy and Strategy

CGGHIOLU (also referred to in this Appendix 7 as the “Fund”) aims to provide, over the long
term, a high level of total return, of which a large component is current income. The Fund invests
primarily in Emerging Market43 government Bonds and corporate High Yield Bonds44 from around
the world, denominated in USD and various national currencies (including Emerging Markets
currencies). These are usually listed or traded on other Regulated Markets. The eligible
investment countries for the Fund include any country.

In general, the Fund will seek to have not more than 25% of its total net assets invested in hybrid
securities (i.e. fixed-income securities convertible into equity or preferred shares), or equity
securities. The Fund may invest up to 10% in distressed securities. The Fund may use interest
rate swaps, CDX, futures and options on futures. The Fund may invest in contingent convertible
bonds which will not exceed 5% of the net assets of the Fund.

The Fund may invest on the China Interbank Bond Market up to 20% of the net assets of the
Fund, either directly or via Bond Connect.

The Fund may invest in loans, which comply with Articles 3 and 4 of the Luxembourg Grand Ducal
Regulation of 8 February 2008, CSSF Circular 08/380 and Article 1(23) of the 2010 Law within
the limits set forth in Annex 1 of the Luxembourg Prospectus.

Unlisted securities may also be purchased, subject to the relevant provisions of Annex 1, “General
Investment Guidelines and Restrictions”, to the Luxembourg Prospectus.

b. Share Classes in the Fund

As at the date of this Singapore Prospectus, the following Classes are available for subscription:

(i) Class A4
(ii) Class A7
(iii) Class A7d
(iv) Class A9
(v) Class A11
(vi) Class B
(vii) Class Bd
(viii) Class Bdh-EUR
(ix) Class Bdh-GBP
(x) Class Bfd
(xi) Class Bfdh-AUD
(xii) Class Bfdh-EUR
(xiii) Class Bfdh-GBP
(xiv) Class Bfdh-SGD
(xv) Class Bgd
(xvi) Class Bgdh-GBP
(xvii) Class Bh-EUR
(xviii) Class Bh-GBP
(xix) Class Bh-SGD
(xx) Class C
(xxi) Class Cd
(xxii) Class Ch-CHF

43 Please refer to paragraph (e) for a non-exhaustive list of developing countries considered as "Emerging
Markets".
44 “High Yield Bonds” refer to Bonds with a credit rating equal to or lower than BB+ by Standard & Poor’s
or Fitch, or Ba1 by Moody’s, or un-rated Bonds deemed to be of equivalent standing by the Investment
Adviser.
67
 (xxiii) Class Ch-JPY
(xxiv) Class Z
(xxv) Class Zd
(xxvi) Class Zdh-EUR
(xxvii) Class Zdh-GBP
(xxviii) Class Zfdh-SGD
(xxix) Class Zgd
(xxx) Class Zgdh-GBP
(xxxi) Class Zh-CHF
(xxxii) Class Zh-EUR
(xxxiii) Class Zh-GBP

c. Fees, Charges and Expenses

The fees, charges and expenses applicable to the Fund are set out in the table below.

Payable by the Investor

Sales charge45 Maximum of 5.25%

Payable by the Fund

Class A4 and its Equivalent Classes : 0.50% per annum

Class A7 and its Equivalent Classes : 0.40% per annum
Class A9 and its Equivalent Classes: 0.35% per annum
Management Fee Class A11 and its Equivalent Classes: 0.32% per annum
Class B and its Equivalent Classes: 1.50% per annum
Class C and its Equivalent Classes: fluctuating 46
Class Z and its Equivalent Classes: 0.75% per annum
Effective rate varies with the total assets of the Fund up to
Fund Administration Fee
a maximum of 0.15% per annum
Effective rate varies with the total assets and with the
Depositary and Custody Fees country breakdown in the portfolio of the Fund up to a
maximum of 0.06% per annum

Please refer to the section headed “Expenses” of the Luxembourg Prospectus and the relevant
Annex 2 to the Luxembourg Prospectus for more information on the fees, charges and expenses
applicable to the Fund.

d. Performance of the Fund

45 No sales charge will be imposed by the Management Company on investors who subscribe for Shares
through distributors in Singapore although investors should note that the distributors may impose a
subscription charge separately. A sales charge of up to a maximum of 5.25% may be withheld by
distributors and other intermediaries from any amount to be invested in all Classes with the exception of
Class A4, Class A7, Class A9, Class A11, Class A13, Class A15 and Class C. The Management Company
can also withhold a sales charge of up to a maximum of 5.25% from any amount to be invested in all
Classes with the exception of Class A4, Class A7, Class A9, Class A11, Class A13, Class A15 and Class
C. A switch from one Fund to another is deemed a sale for this purpose. Please refer to the section headed
“Expenses”, in particular, the sub-section headed “Sales Charge Borne by the Investor” of the
Luxembourg Prospectus for further information.
46 Investments in Class C Shares and Shares of Equivalent Classes may only be made by investors having
entered into a separate agreement with respect to management fee and/or other fund expenses, which
are not deducted from these Shares’ Net Asset Value.
68
 The performance47 of each Class of the Fund and its benchmark48, 50% Bloomberg Barclays
US High Yield 2% Issuer Cap Index, 20% JPM EMBI Global Index, 20% JPM GBI-EM Global
Diversified Index & 10% JPM CEMBI Broad Diversified Index, rebalanced monthly, as at 28
September 2018 is as follows:

Inception 1 year 3 years 5 years 10 years Lifetime

Class
date (%) (%) (%) (%) (%)
A4 07-Jul-2008 -4.73 6.41 2.67 6.38 5.58
A7 10-Apr-2014 -4.56 6.58 n.a. n.a. 1.74
B 15-Jan-2001 -5.59 5.39 1.69 5.43 6.90
Bd 31-Aug-2004 -5.62 5.38 1.69 5.43 6.24
Bdh- -7.84 3.44 0.49 n.a. 1.05
07-Aug-2012
EUR
Bdh- -6.91 4.39 1.21 n.a. 4.39
07-Aug-2009
GBP
Bfd 05-May-2017 -5.58 n.a. n.a. n.a. -1.74
Bgd 01-Feb-2013 -5.60 5.40 1.69 n.a. 0.93
Bgdh- -6.90 4.43 1.22 n.a. 0.13
29-Apr-2013
GBP
Bh-EUR 11-Apr-2011 -8.12 3.43 0.48 n.a. 1.65
Bh-GBP 11-Aug-2011 -7.21 4.31 1.15 n.a. 2.65
C 07-May-1999 -4.14 7.07 3.30 7.09 8.44
Cd 19-Sep-2006 -4.16 7.06 3.30 7.09 6.75
Ch-JPY 16-Dec-2015 -6.38 n.a. n.a. n.a. 6.23
Z 14-Nov-2012 -4.85 6.27 2.52 n.a. 2.62
Zd 23-Oct-2012 -4.86 6.26 2.51 n.a. 2.52
Zdh- -6.10 5.32 2.05 n.a. 2.19
14-Nov-2012
GBP
Zfdh- -5.63 n.a. n.a. n.a. -1.71
05-May-2017
SGD
Zgd 21-Aug-2012 -4.86 6.26 2.52 n.a. 3.01
Zgdh- -6.02 5.34 2.06 n.a. 2.62
21-Aug-2012
GBP
Zh-EUR 27-Mar-2013 -7.43 4.26 1.30 n.a. 0.57
Zh-GBP 14-Nov-2012 -6.38 5.19 1.97 n.a. 2.14
Benchmark -0.62 6.87 3.88 7.74 7.57

Performance is calculated in USD (save for Classes Bdh-EUR, Bh-EUR, Zdh-EUR and Zh-EUR
which are calculated in EUR, Classes Bdh-GBP, Bgdh-GBP, Bh-GBP, Zdh-GBP, Zgdh-GBP
and Zh-GBP which are calculated in GBP, Class Zfdh-SGD which is calculated in SGD and
Class Ch-JPY which is calculated in JPY), on a NAV-NAV and swung pricing basis, with all
dividends and distributions reinvested (net of reinvestment charges) and based on the
assumption that the maximum sales charge was imposed and that any applicable redemption
charge was imposed over the time period. Figures for the last one year show the percentage
change, while figures exceeding one year show the average annual compounded return.

Inception 1 year 3 years 5 years 10 years Lifetime

Class
date (%) (%) (%) (%) (%)
A4 07-Jul-2008 0.55 8.34 3.78 6.96 6.14
A7 10-Apr-2014 0.73 8.51 n.a. n.a. 2.97
B 15-Jan-2001 -0.36 7.30 2.80 6.00 7.23
Bd 31-Aug-2004 -0.39 7.29 2.79 6.00 6.65

47 Source: Capital Group.

48 Shown for indicative purposes only.
69
 Bdh- -2.73 5.32 1.58 n.a. 1.94
07-Aug-2012
EUR
Bdh- -1.75 6.28 2.31 n.a. 5.01
07-Aug-2009
GBP
Bfd 05-May-2017 -0.35 n.a. n.a. n.a. 2.11
Bgd 01-Feb-2013 -0.37 7.31 2.80 n.a. 1.89
Bgdh- -1.75 6.32 2.32 n.a. 1.13
29-Apr-2013
GBP
Bh-EUR 11-Apr-2011 -3.03 5.31 1.57 n.a. 2.39
Bh-GBP 11-Aug-2011 -2.07 6.20 2.25 n.a. 3.43
C 07-May-1999 1.17 9.01 4.42 7.67 8.75
Cd 19-Sep-2006 1.15 9.00 4.42 7.67 7.23
Ch-JPY 16-Dec-2015 -1.19 n.a. n.a. n.a. 8.30
Z 14-Nov-2012 0.42 8.20 3.63 n.a. 3.56
Zd 23-Oct-2012 0.42 8.19 3.62 n.a. 3.46
Zdh- -0.89 7.23 3.16 n.a. 3.14
14-Nov-2012
GBP
Zfdh- -0.40 n.a. n.a. n.a. 2.14
05-May-2017
SGD
Zgd 21-Aug-2012 0.41 8.19 3.63 n.a. 3.92
Zgdh- -0.81 7.25 3.17 n.a. 3.53
21-Aug-2012
GBP
Zh-EUR 27-Mar-2013 -2.30 6.15 2.40 n.a. 1.56
Zh-GBP 14-Nov-2012 -1.19 7.09 3.08 n.a. 3.08
Benchmark -0.62 6.87 3.88 7.74 7.57

Performance is calculated in USD (save for Classes Bdh-EUR, Bh-EUR, Zdh-EUR and Zh-EUR
which are calculated in EUR, Classes Bdh-GBP, Bgdh-GBP, Bh-GBP, Zdh-GBP, Zgdh-GBP
and Zh-GBP which are calculated in GBP, Class Zfdh-SGD which is calculated in SGD and
Class Ch-JPY which is calculated in JPY), on a NAV-NAV and swung pricing basis, with all
dividends and distributions reinvested (net of reinvestment charges) and based on the
assumption that no sales and redemption charges were imposed. For the Hedged Equivalent
Classes, investment results are shown in the currency referred to in the relevant Class’
designation. Figures for the last one year show the percentage change, while figures exceeding
one year show the average annual compounded return.

The benchmark's lifetime return is based on the length of oldest share class (i.e. Class C).

Shares whose returns are not included in the above tables have not been launched or have
been launched for less than a year as at 28 September 2018.

Previously the benchmark of the Fund was 50% JPM EMBI Global Index & 50% Barclays US
High Yield 2% Issuer Cap Index, rebalanced monthly from 30 January 2010 to 31 December
2012; 50% JPMorgan EMBI Global Index & 50% JPMorgan Global High Yield Index,
rebalanced monthly from 1 November 2009 to 31 January 2010; 50% JPMorgan EMBI Global
Diversified Index & 50% JPMorgan Global High Yield Index, rebalanced monthly from 1 August
2004 to 31 October 2009; Barclays Global High Yield Bond Index from 1 September 2000 to
31 July 2004; 50% CSFB Global High Yield Bond Index & 50% JPM EMBI Index, rebalanced
monthly from 1 January 2000 to 31 August 2000 and 50% CSFB Global High Yield Bond Index
& 50% JPM EMBI Plus Index, rebalanced monthly from inception to 31 December 1999. The
changes in benchmarks were to better reflect the investment objective, focus and approach of
the Fund.

Past performance of the Fund is not necessarily indicative of the future performance of
the Fund.

e. Dividend Policy
70
 It is not at present intended that dividends will be distributed to Shareholders of Class A4, Class
A7, Class A9, Class A11, Class B, Class C, Class Z and corresponding Hedged Equivalent
Classes in the Fund. The Company intends to recommend that dividends be distributed to
Shareholders of all Dividend-distributing Equivalent Classes and Dividend-distributing Hedged
Equivalent Classes.

Dividends may not actually be distributed in any given accounting period if such Class(es) has no
or no significant net investment income.

Further details on the Company’s dividend policy are set out in the section headed “Dividend
Policy” in the Luxembourg Prospectus.

f. List of Developing Countries

Argentina India Qatar

Bahrain Indonesia Romania
Bangladesh Jordan Russia
Botswana Kazakhstan Saudi Arabia
Brazil Kenya Serbia
Bulgaria Kuwait Slovenia
Chile Lebanon South Africa
China PR Lithuania South Korea
Colombia Malaysia Sri Lanka
Croatia Mauritius Taiwan (China)
Czech Republic Mexico Thailand
Ecuador Morocco Trinidad & Tobago
Egypt Nigeria Tunisia
Estonia Oman Turkey
Ghana Pakistan Ukraine
Greece Peru United Arab Emirates
Hong Kong Philippines Venezuela
Hungary Poland Vietnam

*Please note that the table above is not an exhaustive list of countries which are considered as
Emerging Markets.

71
 APPENDIX 8

CAPITAL GROUP GLOBAL BOND FUND (LUX)

a. Investment Objective, Policy and Strategy

CGGBLU (also referred to in this Appendix 8 as the “Fund”) aims to provide over the long term,
a high level of total return consistent with prudent investment management. The Fund invests
worldwide primarily in Investment Grade Bonds of governmental, supranational and corporate
issuers and in other fixed income securities including mortgage and asset backed securities,
denominated in various currencies. The types of mortgage backed securities in which the Fund
may invest are CMBS, CMO, RMBS and TBA contracts. These are usually listed or traded on
other Regulated Markets. The eligible investment countries for the Fund include any country. In
addition, the Fund may also invest in securities issued or guaranteed by major supranational
institutions.

High Yield Bonds will not be considered as eligible assets in which the Fund will exclusively invest.
If an Investment Grade Bond is downgraded to a High Yield Bond, such bond must be realised
within six months from its downgrading, taking account of the interests of Shareholders. In case
of split-rated Bonds, the highest rating will apply. The Fund may invest in MBS/ABS which will not
exceed 40% of the net assets of the Fund. The types of MBS in which the Fund may invest are
CMBS, CMO, RMBS and TBA contracts. The Fund may use interest rate swaps, CDX, futures
and options on futures.

The Fund may invest on the China Interbank Bond Market up to 10% of the net assets of the
Fund, either directly or via Bond Connect.

Unlisted Investment Grade Bonds may also be purchased, subject to the relevant provisions of
Annex 1, “General Investment Guidelines and Restrictions”, to the Luxembourg Prospectus.

a. Share Classes in the Fund

As at the registration date of the Registered Prospectus, the following Classes are available for
subscription:

(i) Class A4
(ii) Class A7
(iii) Class B
(iv) Class Bd
(v) Class C
(vi) Class Cd
(vii) Class Cdh-EUR
(viii) Class Ch-CHF
(ix) Class Ch-JPY
(x) Class Ch-USD
(xi) Class Z
(xii) Class Zd

b. Fees, Charges and Expenses

The fees, charges and expenses applicable to the Fund are set out in the table below.

Payable by the Investor

72
 Sales charge49 Maximum of 5.25%

Payable by the Fund

Class A4 and its Equivalent Classes: 0.31% per annum

Class A7 and its Equivalent Classes: 0.28% per annum
Class A9 and its Equivalent Classes: 0.24% per annum
Management Fee Class A11 and its Equivalent Classes: 0.21% per annum
Class B and its Equivalent Classes: 1.00% per annum
Class C and its Equivalent Classes: fluctuating 50
Class Z and its Equivalent Classes: 0.50% per annum
Effective rate varies with the total assets of the Fund up to
Fund Administration Fee
a maximum of 0.15% per annum
Effective rate varies with the total assets and with the
Depositary and Custody Fees country breakdown in the portfolio of the Fund up to a
maximum of 0.06% per annum

Please refer to the section headed “Expenses” of the Luxembourg Prospectus and the relevant
Annex 2 to the Luxembourg Prospectus for more information on the fees, charges and expenses
applicable to the Fund.

c. Performance of the Fund

The performance51 of each Class of the Fund and its benchmark52, Bloomberg Barclays Global
Aggregate Bond Index, as at 28 September 2018 is as follows:

Inception 1 year 3 years 5 years 10 years Lifetime

Class
date (%) (%) (%) (%) (%)
A4 07-Jul-2008 -7.18 -0.54 -0.56 1.86 1.36
A7 02-Jun-2017 -7.14 n.a. n.a. n.a. -4.69
B 02-Nov-2001 -7.86 -1.31 -1.35 1.06 3.10
Bd 31-Aug-2004 -7.86 -1.33 -1.35 1.06 1.66
C 02-Aug-2000 -6.90 -0.19 -0.22 2.23 4.48
Cd 19-Sep-2006 -6.88 -0.21 -0.23 2.22 2.74
Cdh- -7.15 -1.55 1.02 n.a. 0.59
16-Jan-2013
EUR
Ch-JPY 16-Dec-2015 -7.01 n.a. n.a. n.a. -1.47
Ch-USD 06-Apr-2016 -5.17 n.a. n.a. n.a. -1.15
Z 25-Apr-2013 -7.31 -0.71 -0.77 n.a. -1.01
Zd 26-Jul-2013 -7.30 -0.68 -0.75 n.a. -0.58
Benchmark -1.32 1.98 0.75 2.85 4.69

49 No sales charge will be imposed by the Management Company on investors who subscribe for Shares
through distributors in Singapore although investors should note that the distributors may impose a
subscription charge separately. A sales charge of up to a maximum of 5.25% may be withheld by
distributors and other intermediaries from any amount to be invested in all Classes with the exception of
Class A4, Class A7, Class A9, Class A11, Class A13, Class A15 and Class C. The Management Company
can also withhold a sales charge of up to a maximum of 5.25% from any amount to be invested in all
Classes with the exception of Class A4, Class A7, Class A9, Class A11, Class A13, Class A15 and Class
C. A switch from one Fund to another is deemed a sale for this purpose. Please refer to the section headed
“Expenses”, in particular, the sub-section headed “Sales Charge Borne by the Investor” of the
Luxembourg Prospectus for further information.
50 Investments in Class C Shares and Shares of Equivalent Classes may only be made by investors having
entered into a separate agreement with respect to management fee and/or other fund expenses, which
are not deducted from these Shares’ Net Asset Value.
51 Source: Capital Group.
52 Shown for indicative purposes only.
73
 Performance is calculated in USD (save for Class Cdh-EUR which is calculated in EUR and
Class Ch-JPY which is calculated in JPY), on a NAV-NAV and swung pricing basis, with all
dividends and distributions reinvested (net of reinvestment charges) and based on the
assumption that the maximum sales charge was imposed and that any applicable redemption
charge was imposed over the time period. Figures for the last one year show the percentage
change, while figures exceeding one year show the average annual compounded return.

Inception 1 year 3 years 5 years 10 years Lifetime

Class
date (%) (%) (%) (%) (%)
A4 07-Jul-2008 -2.04 1.26 0.52 2.41 1.89
A7 02-Jun-2017 -1.99 n.a. n.a. n.a. -0.74
B 02-Nov-2001 -2.75 0.48 -0.28 1.61 3.43
Bd 31-Aug-2004 -2.76 0.46 -0.28 1.60 2.05
C 02-Aug-2000 -1.74 1.62 0.86 2.78 4.79
Cd 19-Sep-2006 -1.72 1.60 0.85 2.77 3.20
Cdh- -2.01 0.23 2.12 n.a. 1.55
16-Jan-2013
EUR
Ch- -1.86 n.a. n.a. n.a. 0.46
16-Dec-2015
JPY
Ch- 0.08 n.a. n.a. n.a. 1.02
06-Apr-2016
USD
Z 25-Apr-2013 -2.18 1.09 0.31 n.a. -0.02
Zd 26-Jul-2013 -2.17 1.12 0.32 n.a. 0.46
Benchmark -1.32 1.98 0.75 2.85 4.69

Performance is calculated in USD (save for Class Cdh-EUR which is calculated in EUR and
Class Ch-JPY which is calculated in JPY), on a NAV-NAV and swung pricing basis, with all
dividends and distributions reinvested (net of reinvestment charges) and based on the
assumption that no sales and redemption charges were imposed. Figures for the last one year
show the percentage change, while figures exceeding one year show the average annual
compounded return.

The benchmark's lifetime return is based on the length of oldest share class (i.e. Class C).

Shares whose returns are not included in the above tables have not been launched or have
been launched for less than a year as at 28 September 2018.

Past performance of the Fund is not necessarily indicative of the future performance of
the Fund.

d. Dividend Policy

It is not at present intended that dividends be distributed to Shareholders of Class A4, Class A7,
Class A9, Class A11, Class B, Class C, Class Z and corresponding Hedged Equivalent Classes
in the Fund. The Company intends to recommend that dividends be distributed to Shareholders
of all Dividend-distributing Equivalent Classes and Dividend-distributing Hedged Equivalent
Classes.

Dividends may not actually be distributed in any given accounting period if such Class(es) has no
or no significant net investment income.

Further details on the Company’s dividend policy are set out in the section headed “Dividend
Policy” in the Luxembourg Prospectus.

74
 APPENDIX 9

CAPITAL GROUP EURO BOND FUND (LUX)

a. Investment Objective, Policy and Strategy

CGEBLU (also referred to in this Appendix 9 as the “Fund”) aims to maximize total return through
a combination of income and capital gains, with a view towards preservation of capital. The Fund
invests primarily in EUR-denominated Investment Grade Bonds of governmental, supranational
and corporate issuers and in other fixed income securities. These are usually listed or traded on
other Regulated Markets. The eligible investment countries for the Fund include any country.

The Fund will seek to invest at least 80% of its total net assets in Bonds rated Investment Grade
at the time of purchase. In case of split-rated Bonds, the highest rating will apply. The Fund will
seek to invest at least two thirds of its total net assets in securities of issuers located in countries
of the European Monetary Union. The Fund’s overall portfolio exposure to the Euro currency will
be at least equal to 90% of the value of the net assets of the Fund. The Fund may invest in
ABS/MBS which will not exceed 20% of the net assets of the Fund. The Fund may use interest
rate swaps, CDX, futures and options on futures. The Fund may invest in contingent convertible
bonds which will not exceed 5% of the net assets of the Fund.

Unlisted securities may also be purchased, subject to the relevant provisions of Annex 1, “General
Investment Guidelines and Restrictions”, to the Luxembourg Prospectus.

b. Share Classes in the Fund

As at the registration date of the Registered Prospectus, the following Classes are available for
subscription:

(i) Class A4
(ii) Class B
(iii) Class Bd
(iv) Class C
(v) Class Ch-CHF
(vi) Class Z
(vii) Class Zd

c. Fees, Charges and Expenses

The fees, charges and expenses applicable to the Fund are set out in the table below.

Payable by the Investor

Sales charge53 Maximum of 5.25%

Payable by the Fund

53 No sales charge will be imposed by the Management Company on investors who subscribe for Shares
through distributors in Singapore although investors should note that the distributors may impose a
subscription charge separately. A sales charge of up to a maximum of 5.25% may be withheld by
distributors and other intermediaries from any amount to be invested in all Classes with the exception of
Class A4, Class A7, Class A9, Class A11, Class A13, Class A15 and Class C. The Management Company
can also withhold a sales charge of up to a maximum of 5.25% from any amount to be invested in all
Classes with the exception of Class A4, Class A7, Class A9, Class A11, Class A13, Class A15 and Class
C. A switch from one Fund to another is deemed a sale for this purpose. Please refer to the section headed
“Expenses”, in particular, the sub-section headed “Sales Charge Borne by the Investor” of the
Luxembourg Prospectus for further information.
75
 Class A4 and its Equivalent Classes: 0.275% per annum
Class A7 and its Equivalent Classes: 0.25% per annum
Class A9 and its Equivalent Classes: 0.21% per annum
Management Fee Class A11 and its Equivalent Classes: 0.175% per annum
Class B and its Equivalent Classes: 1.00% per annum
Class C and its Equivalent Classes: fluctuating 54
Class Z and its Equivalent Classes: 0.50% per annum
Effective rate varies with the total assets of the Fund up to
Fund Administration Fee
a maximum of 0.15% per annum
Effective rate varies with the total assets and with the
Depositary and Custody Fees country breakdown in the portfolio of the Fund up to a
maximum of 0.06% per annum

Please refer to the section headed “Expenses” of the Luxembourg Prospectus and the relevant
Annex 2 to the Luxembourg Prospectus for more information on the fees, charges and expenses
applicable to the Fund.

d. Performance of the Fund

The performance55 of each Class of the Fund and its benchmark56, Bloomberg Barclays Euro
Aggregate Bond Index, as at 28 September 2018 is as follows:

Inception 1 year 3 years 5 years 10 years Lifetime

Class
date (%) (%) (%) (%) (%)
A4 07-Jul-2008 -5.46 0.28 3.07 4.47 4.54
B 31-Oct-2003 -6.22 -0.58 2.18 3.57 3.04
Bd 31-Aug-2004 -6.21 -0.60 2.18 3.58 2.87
C 31-Oct-2003 -5.25 0.54 3.33 4.76 4.21
Z 25-Apr-2013 -5.68 0.04 2.78 n.a. 2.31
Zd 25-Apr-2013 -5.69 0.03 2.77 n.a. 2.30
Benchmark 0.10 1.35 3.26 4.53 4.16

Performance is calculated in EUR, on a NAV-NAV and swung pricing basis, with all dividends
and distributions reinvested (net of reinvestment charges) and based on the assumption that
the maximum sales charge was imposed and that any applicable redemption charge was
imposed over the time period. Figures for the last one year show the percentage change, while
figures exceeding one year show the average annual compounded return.

Inception 1 year 3 years 5 years 10 years Lifetime

Class
date (%) (%) (%) (%) (%)
A4 07-Jul-2008 -0.22 2.10 4.19 5.04 5.09
B 31-Oct-2003 -1.02 1.22 3.28 4.13 3.41
Bd 31-Aug-2004 -1.01 1.21 3.28 4.14 3.27
C 31-Oct-2003 0.00 2.36 4.45 5.32 4.59
Z 25-Apr-2013 -0.45 1.85 3.89 n.a. 3.33
Zd 25-Apr-2013 -0.46 1.85 3.89 n.a. 3.32
Benchmark 0.10 1.35 3.26 4.53 4.16

54 Investments in Class C Shares and Shares of Equivalent Classes may only be made by investors having
entered into a separate agreement with respect to management fee and/or other fund expenses, which
are not deducted from these Shares’ Net Asset Value.
55 Source: Capital Group.
56 Shown for indicative purposes only.
76
 Performance is calculated in EUR, on a NAV-NAV and swung pricing basis, with all dividends
and distributions reinvested (net of reinvestment charges) and based on the assumption that no
sales and redemption charges were imposed. Figures for the last one year show the percentage
change, while figures exceeding one year show the average annual compounded return.

The benchmark's lifetime return is based on the length of oldest share class (i.e. Class B).

Previously the benchmark of the Fund was Citigroup Euro Broad Investment Grade Bond Index
from 31 October 2003 to 31 December 2014. With effect from 31 December 2014, the
benchmark was changed to Bloomberg Barclays Euro Aggregate Bond Index. The change in
benchmark was to better reflect the benchmark used with the investment objective, focus and
approach of the Fund.

Shares whose returns are not included in the above tables have not been launched or have
been launched for less than a year as at 28 September 2018.

Past performance of the Fund is not necessarily indicative of the future performance of
the Fund.

e. Dividend Policy

It is not at present intended that dividends be distributed to Shareholders of Class A4, Class A7,
Class A9, Class A11, Class B, Class C, Class Z and corresponding Hedged Equivalent Classes
in the Fund. The Company intends to recommend that dividends be distributed to Shareholders
of all Dividend-distributing Equivalent Classes and Dividend-distributing Hedged Equivalent
Classes.

Dividends may not actually be distributed in any given accounting period if such Class(es) has no
or no significant net investment income.

Further details on the Company’s dividend policy are set out in the section headed “Dividend
Policy” in the Luxembourg Prospectus.

77
 APPENDIX 10

CAPITAL GROUP EURO CORPORATE BOND FUND (LUX)

a. Investment Objective, Policy and Strategy

CGECBLU (also referred to in this Appendix 10 as the “Fund”) aims to provide over the long term,
a high level of total return largely comprised of current income with a view to capital preservation.
The Fund invests primarily in EUR-denominated corporate Investment Grade Bonds and other
fixed-income securities, including government securities. These are usually listed or traded on
other Regulated Markets. The eligible investment countries for the Fund include any country.

The Fund will seek to invest at least 80% of its total net assets in EUR-denominated corporate
Investment Grade Bonds. In case of split-rated Bonds by NRSROs 57 designated by the
Investment Adviser, the highest rating will apply. The Fund’s overall exposure to the EUR
currency will generally be at least equal to 90% of the value of the net assets of the Fund. The
Fund may invest in ABS/MBS which will not exceed 10% of the net assets of the Fund. The
Fund may use interest rate swaps, CDX, futures and options on futures. The Fund may invest
in contingent convertible bonds which will not exceed 5% of the net assets of the Fund.

Unlisted securities may also be purchased, subject to the relevant provisions of Annex 1, “General
Investment Guidelines and Restrictions”, to the Luxembourg Prospectus.

b. Share Classes in the Fund

As at the date of this Singapore Prospectus, the following Classes are available for subscription:

(i) Class A4
(ii) Class B
(iii) Class Bd
(iv) Class C
(v) Class Z
(vi) Class Zd

c. Fees, Charges and Expenses

The fees, charges and expenses applicable to the Fund are set out in the table below.

Payable by the Investor

Sales charge58 Maximum of 5.25%

Payable by the Fund

57 “Nationally Recognised Statistical Rating Organisation (NRSRO)” refers to an organisation that issues
ratings that assess the creditworthiness of an obligor itself or with regard to specific securities or money
market instruments, has been in existence as a credit rating agency for at least 3 years, and meets certain
other criteria, as defined in Section3(a)(62) of the Securities Exchange Act of 1934, as amended.
58 No sales charge will be imposed by the Management Company on investors who subscribe for Shares
through distributors in Singapore although investors should note that the distributors may impose a
subscription charge separately. A sales charge of up to a maximum of 5.25% may be withheld by
distributors and other intermediaries from any amount to be invested in all Classes with the exception of
Class A4, Class A7, Class A9, Class A11, Class A13, Class A15 and Class C. The Management Company
can also withhold a sales charge of up to a maximum of 5.25% from any amount to be invested in all
Classes with the exception of Class A4, Class A7, Class A9, Class A11, Class A13, Class A15 and Class
C. A switch from one Fund to another is deemed a sale for this purpose. Please refer to the section headed
“Expenses”, in particular, the sub-section headed “Sales Charge Borne by the Investor” of the
Luxembourg Prospectus for further information.
78
 Class A4 and its Equivalent Classes: 0.275% per annum
Class A7 and its Equivalent Classes: 0.25% per annum
Class A9 and its Equivalent Classes: 0.21% per annum
Management Fee Class A11 and its Equivalent Classes: 0.175% per annum
Class B and its Equivalent Classes: 1.00% per annum
Class C and its Equivalent Classes: fluctuating 59
Class Z and its Equivalent Classes: 0.50% per annum
Effective rate varies with the total assets of the Fund up to
Fund Administration Fee
a maximum of 0.15% per annum
Effective rate varies with the total assets and with the
Depositary and Custody Fees country breakdown in the portfolio of the Fund up to a
maximum of 0.05% per annum

Please refer to the section headed “Expenses” of the Luxembourg Prospectus and the relevant
Annex 2 to the Luxembourg Prospectus for more information on the fees, charges and expenses
applicable to the Fund.

d. Performance of the Fund

The performance60 of each Class of the Fund and its benchmark61, Bloomberg Barclays Euro
Aggregate Corporate Index, as at 28 September 2018 is as follows:

Inception
Class 1 year (%) 3 years (%) 5 years (%) Lifetime (%)
date
B 16-Sep-2010 -6.41 0.61 1.80 2.53
Bd 16-Sep-2010 -6.40 0.64 1.80 2.54
C 16-Sep-2010 -5.38 1.77 2.97 3.71
Z 25-Apr-2013 -5.88 1.28 2.42 2.05
Zd 26-Jul-2013 -5.81 1.28 2.42 2.42
Benchmark 0.00 2.57 3.12 3.71

Performance is calculated in EUR, on a NAV-NAV and swung pricing basis, with all dividends
and distributions reinvested (net of reinvestment charges) and based on the assumption that
the maximum sales charge was imposed and that any applicable redemption charge was
imposed over the time period. Figures for the last one year show the percentage change, while
figures exceeding one year show the average annual compounded return.

Inception
Class 1 year (%) 3 years (%) 5 years (%) Lifetime (%)
date
B 16-Sep-2010 -1.23 2.44 2.90 3.22
Bd 16-Sep-2010 -1.21 2.47 2.91 3.23
C 16-Sep-2010 -0.14 3.62 4.09 4.41
Z 25-Apr-2013 -0.67 3.11 3.53 3.06
Zd 26-Jul-2013 -0.59 3.12 3.53 3.50
Benchmark 0.00 2.57 3.12 3.71

Performance is calculated in EUR, on a NAV-NAV and swung pricing basis, with all dividends
and distributions reinvested (net of reinvestment charges) and based on the assumption that no
sales and redemption charges were imposed. Figures for the last one year show the percentage
change, while figures exceeding one year show the average annual compounded return.

59 Investments in Class C Shares and Shares of Equivalent Classes may only be made by investors having
entered into a separate agreement with respect to management fee and/or other fund expenses, which
are not deducted from these Shares’ Net Asset Value.
60 Source: Capital Group.
61 Shown for indicative purposes only.
79
 The benchmark's lifetime return is based on the length of oldest share class (i.e. Class B).

Shares whose returns are not included in the above tables have not been launched or have
been launched for less than a year as at 28 September 2018.

Previously the benchmark of the Fund was Bloomberg Barclays Euro Aggregate Credit Index
from 16 September 2010 to 29 January 2016. With effect from 29 January 2016, the benchmark
was changed to Bloomberg Barclays Euro Aggregate Corporate Index. The change in
benchmark was to better reflect the investment objective, focus and approach of the Fund.

Past performance of the Fund is not necessarily indicative of the future performance of
the Fund.

e. Dividend Policy

It is not at present intended that dividends be distributed to Shareholders of Class A4, Class A7,
Class B, Class C, Class Z and corresponding Hedged Equivalent Classes in the Fund. The
Company intends to recommend that dividends be distributed to Shareholders of all Dividend-
distributing Equivalent Classes and Dividend-distributing Hedged Equivalent Classes.

Dividends may not actually be distributed in any given accounting period if such Class(es) has no
or no significant net investment income.

Further details on the Company’s dividend policy are set out in the section headed “Dividend
Policy” in the Luxembourg Prospectus.

80
 APPENDIX 11

CAPITAL GROUP NEW PERSPECTIVE FUND (LUX)

a. Investment Objective, Policy and Strategy

The primary investment objective of CGNPLU (also referred to in this Appendix 11 as the “Fund”)
is to provide long-term growth of capital. Future income is a secondary objective.

The Fund seeks to take advantage of investment opportunities generated by changes in

international trade patterns and economic and political relationships by investing in common
stocks of companies located around the world. In pursuing its primary investment objective, the
Fund invests primarily in common stocks that the Investment Adviser believes have the potential
for growth. In pursuing its secondary objective, the Fund invests in common stocks of companies
with the potential to pay dividends in the future. The eligible investment countries for the Fund
include any country.

The Fund may invest up to 10% of its assets in nonconvertible debt securities rated Baa1 or below
and BBB+ or below by a NRSROs designated by the Investment Adviser or unrated but
determined by the Investment Adviser to be of equivalent quality. If rating agencies differ,
securities will be considered to have received the highest of these ratings.

The Fund may invest up to 5% of its assets in nonconvertible debt securities rated Ba1 or below
and BB+ or below by NRSROs designated by the Investment Adviser or unrated but determined
by the Investment Adviser to be of equivalent quality. The Fund may invest in contingent
convertible bonds which will not exceed 5% of the net assets of the Fund.

b. Share Classes in the Fund

As at the registration date of the Registered Prospectus, the following Classes are available for
subscription:

(i) Class A4
(ii) Class A7
(iii) Class A9
(iv) Class B
(v) Class Bd
(vi) Class Bdh-EUR
(vii) Class Bh-AUD
(viii) Class Bh-EUR
(ix) Class Bgd
(x) Class Bh-CHF
(xi) Class Bh-GBP
(xii) Class Bh-SGD
(xiii) Class C
(xiv) Class Cd
(xv) Class Cdh-JPY
(xvi) Class Ch-CHF
(xvii) Class Ch-JPY
(xviii) Class Z
(xix) Class Zd
(xx) Class Zdh-EUR
(xxi) Class Zgd
(xxii) Class Zh-CHF
(xxiii) Class Zh-EUR
(xxiv) Class Zh-GBP
(xxv) Class Zh-SGD
(xxvi) Class ZL
(xxvii) Class ZLd
(xxviii) Class ZLgd

81
 (xxix) Class ZLh-CHF
(xxx) Class ZLh-EUR
(xxxi) Class ZLh-GBP

c. Fees, Charges and Expenses

The fees, charges and expenses applicable to the Fund are set out in the table below.

Payable by the Investor

Sales charge62 Maximum of 5.25%

Payable by the Fund

Class A4 and its Equivalent Classes: 0.53% per annum

Class A7 and its Equivalent Classes: 0.43% per annum
Class A9 and its Equivalent Classes: 0.40% per annum
Class A11 and its Equivalent Classes: 0.38% per annum
Management Fee
Class B and its Equivalent Classes: 1.50% per annum
Class C and its Equivalent Classes: fluctuating 63
Class Z and its Equivalent Classes: 0.75% per annum
Class ZL and its Equivalent Classes: 0.565% per annum
Effective rate varies with the total assets of the Fund up to
Fund Administration Fee
a maximum of 0.15% per annum
Effective rate varies with the total assets and with the
Depositary and Custody Fees country breakdown in the portfolio of the Fund up to a
maximum of 0.05% per annum

Please refer to the section headed “Expenses” of the Luxembourg Prospectus and the relevant
Annex 2 to the Luxembourg Prospectus for more information on the fees, charges and expenses
applicable to the Fund.

d. Performance of the Fund

The benchmark of the Fund is MSCI AC World Index with net dividends reinvested.

The performance64 of each Class of the Fund and its benchmark65, MSCI AC World Index with
net dividends reinvested, as at 28 September 2018 is as follows:

Class Inception date 1 year (%) Lifetime (%)

A4 22-Dec-2015 7.61 11.38

62 No sales charge will be imposed by the Management Company on investors who subscribe for Shares
through distributors in Singapore although investors should note that the distributors may impose a
subscription charge separately. A sales charge of up to a maximum of 5.25% may be withheld by
distributors and other intermediaries from any amount to be invested in all Classes with the exception of
Class A4, Class A7, Class A9, Class A11, Class A13, Class A15 and Class C. The Management Company
can also withhold a sales charge of up to a maximum of 5.25% from any amount to be invested in all
Classes with the exception of Class A4, Class A7, Class A9, Class A11, Class A13, Class A15 and Class
C. A switch from one Fund to another is deemed a sale for this purpose. Please refer to the section headed
“Expenses”, in particular, the sub-section headed “Sales Charge Borne by the Investor” of the
Luxembourg Prospectus for further information.
63 Investments in Class C Shares and Shares of Equivalent Classes may only be made by investors having
entered into a separate agreement with respect to management fee and/or other fund expenses, which
are not deducted from these Shares’ Net Asset Value.
64 Source: Capital Group.
65 Shown for indicative purposes only.
82
 A7 11-Feb-2016 7.74 17.96
B 30-Oct-2015 6.66 8.85
Bd 30-Oct-2015 6.66 8.85
Bgd 30-Oct-2015 6.66 8.86
Bh-CHF 30-Oct-2015 5.15 7.14
Bh-EUR 30-Oct-2015 5.29 7.48
Bh-GBP 30-Oct-2015 6.56 7.92
Bh-SGD 30-Oct-2015 6.99 9.24
C 30-Oct-2015 8.30 10.57
Z 30-Oct-2015 7.47 9.78
Zd 30-Oct-2015 7.51 9.78
Zgd 30-Oct-2015 7.52 9.83
Zh-CHF 30-Oct-2015 5.77 8.03
Zh-EUR 30-Oct-2015 5.98 8.38
Zh-GBP 30-Oct-2015 7.12 9.03
Zh-SGD 30-Oct-2015 7.79 9.96
ZL 02-Dec-2015 7.69 9.84
ZLd 02-Dec-2015 7.74 9.85
ZLgd 02-Dec-2015 7.67 9.83
ZLh-CHF 02-Dec-2015 6.40 7.43
ZLh-EUR 02-Dec-2015 6.55 7.79
ZLh-GBP 02-Dec-2015 7.25 8.66
Benchmark 9.77 10.89

Performance is calculated in USD (save for Classes Bh-CHF, Zh-CHF and ZLh-CHF which are
calculated in CHF, Classes Bh-EUR, Zh-EUR and ZLh-EUR which are calculated in EUR,
Classes Bh-GBP, Zh-GBP and ZLh-GBP which are calculated in GBP, and Classes Bh-SGD
and Zh-SGD which are calculated in SGD) on a NAV-NAV and swung pricing basis, with all
dividends and distributions reinvested (net of reinvestment charges) and based on the
assumption that the maximum sales charge was imposed and that any applicable redemption
charge was imposed over the time period. Figures for the last one year show the percentage
change, while figures exceeding one year show the average annual compounded return.

Class Inception date 1 year (%) Lifetime (%)

A4 22-Dec-2015 13.57 13.56
A7 11-Feb-2016 13.71 20.40
B 30-Oct-2015 12.57 10.88
Bd 30-Oct-2015 12.57 10.88
Bgd 30-Oct-2015 12.57 10.89
Bh-CHF 30-Oct-2015 10.98 9.14
Bh-EUR 30-Oct-2015 11.12 9.48
Bh-GBP 30-Oct-2015 12.47 9.93
Bh-SGD 30-Oct-2015 12.92 11.28
C 30-Oct-2015 14.30 12.63
Z 30-Oct-2015 13.42 11.83
Zd 30-Oct-2015 13.46 11.83
Zgd 30-Oct-2015 13.48 11.88
Zh-CHF 30-Oct-2015 11.63 10.04
Zh-EUR 30-Oct-2015 11.85 10.40
Zh-GBP 30-Oct-2015 13.06 11.06
Zh-SGD 30-Oct-2015 13.76 12.01
ZL 02-Dec-2015 13.65 11.96
ZLd 02-Dec-2015 13.71 11.96
83
 ZLgd 02-Dec-2015 13.63 11.94
ZLh-CHF 02-Dec-2015 12.29 9.50
ZLh-EUR 02-Dec-2015 12.45 9.86
ZLh-GBP 02-Dec-2015 13.19 10.75
Benchmark 9.77 10.89

Performance is calculated in USD (save for Classes Bh-CHF, Zh-CHF and ZLh-CHF which are
calculated in CHF, Classes Bh-EUR, Zh-EUR and ZLh-EUR which are calculated in EUR,
Classes Bh-GBP, Zh-GBP and ZLh-GBP which are calculated in GBP, and Classes Bh-SGD
and Zh-SGD which are calculated in SGD), on a NAV-NAV and swung pricing basis, with all
dividends and distributions reinvested (net of reinvestment charges) and based on the
assumption that no sales and redemption charges were imposed. Figures for the last one year
show the percentage change, while figures exceeding one year show the average annual
compounded return.

The benchmark's lifetime return is based on the length of oldest share class (i.e. Class B).

Shares whose returns are not included in the above tables have not been launched or have
been launched for less than a year as at 28 September 2018.

Past performance of the Fund is not necessarily indicative of the future performance of
the Fund.

e. Dividend Policy

It is not at present intended that dividends be distributed to Shareholders of Class A4, Class A7,
Class A9, Class A11, Class B, Class C, Class Z, Class ZL and corresponding Hedged Equivalent
Classes in the Fund (if any). The Company intends to recommend that dividends be distributed
to Shareholders of all Dividend-distributing Equivalent Classes and Dividend-distributing Hedged
Equivalent Classes (if any).

Dividends may not actually be distributed in any given accounting period if such Class(es) has no
or no significant net investment income.

Further details on the Company’s dividend policy are set out in the section headed “Dividend
Policy” in the Luxembourg Prospectus.

84
 APPENDIX 12

CAPITAL GROUP INVESTMENT COMPANY OF AMERICA (LUX)

a. Investment Objective, Policy and Strategy

The investment objectives of CGICALU (also referred to in this Appendix 12 as the “Fund”) are
to achieve long-term growth of capital and income.

The Fund invests primarily in common stocks, most of which have a history of paying dividends.
The Fund’s equity investments are limited to securities of companies that are included on its
eligible list. Securities are added to, or deleted from, the eligible list based upon a number of
factors, such as the Fund’s investment objectives and policies, whether a company is deemed to
be an established company of sufficient quality and a company’s dividend payment prospects.
Although the Fund focuses on investments in medium to larger capitalization companies, the
Fund’s investments are not limited to a particular capitalisation size. In the selection of common
stocks and other securities for investment, potential for capital appreciation and future dividends
are given more weight than current yield.

The eligible investment countries for the Fund include the USA and any country included at any
time in the MSCI World Index, Luxembourg, and Emerging Markets.

The Fund’s investments in straight debt securities (i.e., not convertible into equity) will generally
consist of investment grade securities. The Fund may, however, invest up to 5% of its total net
assets in straight debt securities rated Ba1 or below and BB+ or below by NRSROs designated
by the Investment Adviser or unrated but determined to be of equivalent quality by the Investment
Adviser. If rating agencies differ, securities will be considered to have received the highest of
these ratings.

The Fund may invest up to 15% of its total net assets in issuers domiciled outside the United
States. In determining the domicile of an issuer, the Investment Adviser will consider the domicile
determination of a leading provider of global indexes, such as Morgan Stanley Capital
International, and may also take into account such factors as where the issuer’s securities are
listed and where the issuer is legally organised, maintains principal corporate offices, conducts its
principal operations and/or generates revenues.

The Fund may invest in contingent convertible bonds which will not exceed 5% of the net assets
of the Fund.

b. Share Classes in the Fund

As at the registration date of the Registered Prospectus, the following Classes are available for
subscription:

(i) Class A4
(ii) Class A7
(iii) Class B
(iv) Class Bd
(v) Class Bh-EUR
(vi) Class C
(vii) Class Z
(viii) Class Zd
(ix) Class Zdh-GBP
(x) Class Zgd
(xi) Class Zgdh-GBP
(xii) Class Zh-CHF
(xiii) Class Zh-EUR
(xiv) Class ZLd
(xv) Class ZLgd
(xvi) Class ZLgdh-GBP

85
c. Fees, Charges and Expenses

The fees, charges and expenses applicable to the Fund are set out in the table below.

Payable by the Investor

Sales charge66 Maximum of 5.25%

Payable by the Fund

Class A4 and its Equivalent Classes: 0.40% per annum

Class A7 and its Equivalent Classes: 0.29% per annum
Class A9 and its Equivalent Classes: 0.26% per annum
Class A11 and its Equivalent Classes: 0.24% per annum
Management Fee
Class B and its Equivalent Classes: 1.50% per annum
Class C and its Equivalent Classes: fluctuating 67
Class Z and its Equivalent Classes: 0.65% per annum
Class ZL and its Equivalent Classes: 0.60% per annum
Effective rate varies with the total assets of the Fund up to
Fund Administration Fee
a maximum of 0.15% per annum
Effective rate varies with the total assets and with the
Depositary and Custody Fees country breakdown in the portfolio of the Fund up to a
maximum of 0.05% per annum

Please refer to the section headed “Expenses” of the Luxembourg Prospectus and the relevant
Annex 2 to the Luxembourg Prospectus for more information on the fees, charges and expenses
applicable to the Fund.

d. Performance of the Fund

The performance68 of each Class of the Fund and its benchmark69, S&P 500 Net Total Return
Index, with net dividends reinvested, as at 28 September 2018 is as follows:

Class Inception date 1 year (%) Lifetime (%)

A4 17-Jun-2016 7.28 11.77
A7 04-Aug-2017 7.43 8.51
B 17-Jun-2016 6.18 10.57
Bd 17-Jun-2016 6.15 10.56
Bh-EUR 17-Jun-2016 3.23 8.16

66 No sales charge will be imposed by the Management Company on investors who subscribe for Shares
through distributors in Singapore although investors should note that the distributors may impose a
subscription charge separately. A sales charge of up to a maximum of 5.25% may be withheld by
distributors and other intermediaries from any amount to be invested in all Classes with the exception of
Class A4, Class A7, Class A9, Class A11, Class A13, Class A15 and Class C. The Management Company
can also withhold a sales charge of up to a maximum of 5.25% from any amount to be invested in all
Classes with the exception of Class A4, Class A7, Class A9, Class A11, Class A13, Class A15 and Class
C. A switch from one Fund to another is deemed a sale for this purpose. Please refer to the section headed
“Expenses”, in particular, the sub-section headed “Sales Charge Borne by the Investor” of the
Luxembourg Prospectus for further information.
67 Investments in Class C Shares and Shares of Equivalent Classes may only be made by investors having
entered into a separate agreement with respect to management fee and/or other fund expenses, which
are not deducted from these Shares’ Net Asset Value.
68 Source: Capital Group.
69 Shown for indicative purposes only.
86
 C 17-Jun-2016 7.83 12.34
Z 17-Jun-2016 7.15 11.62
Zd 17-Jun-2016 7.13 11.60
Zdh-GBP 17-Jun-2016 5.18 10.03
Zgd 17-Jun-2016 7.14 11.60
Zgdh-GBP 17-Jun-2016 5.26 10.12
Zh-CHF 07-Aug-2017 3.79 4.87
Zh-EUR 17-Jun-2016 4.12 9.17
ZLd 17-Jun-2016 7.18 13.19
ZLgd 17-Jun-2016 7.13 11.14
ZLgdh-GBP 17-Jun-2016 5.36 9.69
Benchmark 17.23 17.74

Performance is calculated in USD (save for Class Zh-CHF which is calculated in CHF, Classes
Bh-EUR and Zh-EUR which are calculated in EUR and Classes Zdh-GBP, Zgdh-GBP and
ZLgdh-GBP which are calculated in GBP) on a NAV-NAV and swung pricing basis, with all
dividends and distributions reinvested (net of reinvestment charges) and based on the
assumption that the maximum sales charge was imposed and that any applicable redemption
charge was imposed over the time period. Figures for the last one year show the percentage
change, while figures exceeding one year show the average annual compounded return.

Class Inception date 1 year (%) Lifetime (%)

A4 17-Jun-2016 13.23 14.43
A7 04-Aug-2017 13.38 13.69
B 17-Jun-2016 12.07 13.21
Bd 17-Jun-2016 12.03 13.20
Bh-EUR 17-Jun-2016 8.95 10.74
C 17-Jun-2016 13.80 15.02
Z 17-Jun-2016 13.08 14.29
Zd 17-Jun-2016 13.06 14.26
Zdh-GBP 17-Jun-2016 11.01 12.66
Zgd 17-Jun-2016 13.07 14.26
Zgdh-GBP 17-Jun-2016 11.10 12.75
Zh-CHF 07-Aug-2017 9.54 9.91
Zh-EUR 17-Jun-2016 9.89 11.77
ZLd 17-Jun-2016 13.11 15.93
ZLgd 17-Jun-2016 13.06 13.80
ZLgdh-GBP 17-Jun-2016 11.20 12.32
Benchmark 17.23 17.74

Performance is calculated in USD (save for Class Zh-CHF which is calculated in CHF, Classes
Bh-EUR and Zh-EUR which are calculated in EUR and Classes Zdh-GBP, Zgdh-GBP and
ZLgdh-GBP which are calculated in GBP), on a NAV-NAV and swung pricing basis, with all
dividends and distributions reinvested (net of reinvestment charges) and based on the
assumption that no sales and redemption charges were imposed. Figures for the last one year
show the percentage change, while figures exceeding one year show the average annual
compounded return.

The benchmark's lifetime return is based on the length of oldest share class (i.e. Class A4).

Shares whose returns are not included in the above tables have not been launched or have
been launched for less than a year as at 28 September 2018.

Past performance of the Fund is not necessarily indicative of the future performance of
the Fund.
87
e. Dividend Policy

It is not at present intended that dividends be distributed to Shareholders of Class A4, Class A7,
Class A9, Class A11, Class B, Class C, Class Z, Class ZL and corresponding Hedged Equivalent
Classes in the Fund (if any). The Company intends to recommend that dividends be distributed
to Shareholders of all Dividend-distributing Equivalent Classes and Dividend-distributing Hedged
Equivalent Classes (if any).

Dividends may not actually be distributed in any given accounting period if such Class(es) has no
or no significant net investment income.

Further details on the Company’s dividend policy are set out in the section headed “Dividend
Policy” in the Luxembourg Prospectus.

88
 APPENDIX 13

CAPITAL GROUP NEW WORLD FUND (LUX)

a. Investment Objective, Policy and Strategy

The investment objective of CGNWLU (also referred to in this Appendix 13 as the “Fund”) is long-
term capital appreciation.

The Fund invests primarily in common stocks of companies with significant exposure to countries
with developing economies and/or markets. Many of these countries may be referred to as
emerging countries or emerging markets. The Fund may also invest in debt securities of issuers,
including issuers of lower rated bonds (rated Ba1 or below and BB+ or below by NRSROs
designated by the Investment Adviser or unrated but determined by the Investment Adviser to be
of equivalent quality), with exposure to these countries. The eligible investment countries for the
Fund include any country.

The Fund will generally invest at least 35% of its assets in equity and debt securities of issuers
based primarily in qualified countries that have developing economies and/or markets. In
determining whether a country is qualified, the Investment Adviser will consider such factors as
the country’s per capita gross domestic product, the percentage of the country’s economy that is
industrialised, market capital as a percentage of gross domestic product, the overall regulatory
environment, the presence of government regulation limiting or banning foreign ownership, and
restrictions on repatriation of initial capital, dividends, interest and/or capital gains. The Investment
Adviser will maintain a list of Qualified countries and securities in which the Fund may invest.
Qualified developing countries in which the Fund may invest currently is available on
https://www.capitalgroup.com/asia.

The Fund may invest its assets in equity securities of any company, regardless of where it is
based, if the Investment Adviser determines that a significant portion of its assets or revenues is
attributable to developing countries.

The Fund may invest up to 25% of its assets in nonconvertible debt securities, including
government bonds and securities rated Ba1 or below and BB+ or below by NRSROs designated
by the Investment Adviser or unrated but determined to be of equivalent quality, of issuers
primarily based in Qualified countries with developing economies and/or markets, or of issuers
that the Investment Adviser determines have a significant portion of their assets or revenues
attributable to developing countries. If rating agencies differ, securities will be considered to have
received the highest of these ratings.

The Fund may use interest rate swaps, CDX, futures and options on futures. The Fund may invest
up to 3% in distressed securities. The Fund may invest in contingent convertible bonds which will
not exceed 5% of the net assets of the Fund.

The Fund may invest via the Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong
Stock Connect into A-shares on an ancillary basis. The Fund may invest on the China Interbank
Bond Market up to 3% of the net assets of the Fund, either directly or via Bond Connect.

b. Share Classes in the Fund

As at the registration date of the Registered Prospectus, the following Classes are available for
subscription:

(i) Class A4
(ii) Class A7
(iii) Class B
(iv) Class Bh-EUR
(v) Class C
(vi) Class Z
(vii) Class Zd

89
 (viii) Class Zgd
(ix) Class Zh-EUR

c. Fees, Charges and Expenses

The fees, charges and expenses applicable to the Fund are set out in the table below.

Payable by the Investor

Sales charge70 Maximum of 5.25%

Payable by the Fund

Class A4 and its Equivalent Classes: 0.65% per annum

Class A7 and its Equivalent Classes: 0.59% per annum
Class A9 and its Equivalent Classes: 0.56% per annum
Management Fee Class B and its Equivalent Classes: 1.75% per annum
Class C and its Equivalent Classes: fluctuating71
Class Z and its Equivalent Classes: 0.875% per annum
Class ZL and its Equivalent Classes: 0.75% per annum
Effective rate varies with the total assets of the Fund up to
Fund Administration Fee
a maximum of 0.15% per annum
Effective rate varies with the total assets and with the
Depositary and Custody Fees country breakdown in the portfolio of the Fund up to a
maximum of 0.08% per annum

Please refer to the section headed “Expenses” of the Luxembourg Prospectus and the relevant
Annex 2 to the Luxembourg Prospectus for more information on the fees, charges and expenses
applicable to the Fund.

d. Performance of the Fund

The benchmarks of the Fund are MSCI AC World Index with net dividends reinvested and MSCI
Emerging Markets Index with net dividends reinvested.

The performance72 of each Class of the Fund and its benchmarks73, MSCI AC World Index with
net dividends reinvested (“Benchmark 1”) and MSCI Emerging Markets Index with net
dividends reinvested (“Benchmark 2”), as at 28 September 2018 is as follows:

Class Inception date 1 year (%) Lifetime (%)

A7 04-Aug-2017 -4.78 -1.30

70 No sales charge will be imposed by the Management Company on investors who subscribe for Shares
through distributors in Singapore although investors should note that the distributors may impose a
subscription charge separately. A sales charge of up to a maximum of 5.25% may be withheld by
distributors and other intermediaries from any amount to be invested in all Classes with the exception of
Class A4, Class A7, Class A9, Class A11, Class A13, Class A15 and Class C. The Management Company
can also withhold a sales charge of up to a maximum of 5.25% from any amount to be invested in all
Classes with the exception of Class A4, Class A7, Class A9, Class A11, Class A13, Class A15 and Class
C. A switch from one Fund to another is deemed a sale for this purpose. Please refer to the section headed
“Expenses”, in particular, the sub-section headed “Sales Charge Borne by the Investor” of the
Luxembourg Prospectus for further information.
71 Investments in Class C Shares and Shares of Equivalent Classes may only be made by investors having
entered into a separate agreement with respect to management fee and/or other fund expenses, which
are not deducted from these Shares’ Net Asset Value.
72 Source: Capital Group.
73 Shown for indicative purposes only.
90
 B 28-Oct-2016 -5.89 6.06
C 27-Jan-2017 -4.15 7.79
Z 28-Oct-2016 -5.01 7.04
Zd 28-Oct-2016 -5.01 7.09
Zgd 28-Oct-2016 -4.99 7.06
Zh-EUR 18-Apr-2017 -7.48 2.02
Benchmark 1 9.77 15.75
Benchmark 2 -0.81 10.60

Performance is calculated in USD (save for Class Zh-EUR which is calculated in EUR) on a
NAV-NAV and swung pricing basis, with all dividends and distributions reinvested (net of
reinvestment charges) and based on the assumption that the maximum sales charge was
imposed and that any applicable redemption charge was imposed over the time period. Figures
for the last one year show the percentage change, while figures exceeding one year show the
average annual compounded return.

Class Inception date 1 year (%) Lifetime (%)

A7 04-Aug-2017 0.50 3.42
B 28-Oct-2016 -0.67 9.08
C 27-Jan-2017 1.16 11.31
Z 28-Oct-2016 0.25 10.08
Zd 28-Oct-2016 0.25 10.13
Zgd 28-Oct-2016 0.27 10.10
Zh-EUR 18-Apr-2017 -2.35 5.89
Benchmark 1 9.77 15.75
Benchmark 2 -0.81 10.60

Performance is calculated in USD (save for Class Zh-EUR which is calculated in EUR), on a
NAV-NAV and swung pricing basis, with all dividends and distributions reinvested (net of
reinvestment charges) and based on the assumption that no sales and redemption charges were
imposed. Figures for the last one year show the percentage change, while figures exceeding
one year show the average annual compounded return.

The benchmark's lifetime return is based on the length of oldest share class (i.e. Class B).

Shares whose returns are not included in the above tables have not been launched or have
been launched for less than a year as at 28 September 2018.

Past performance of the Fund is not necessarily indicative of the future performance of
the Fund.

e. Dividend Policy

It is not at present intended that dividends be distributed to Shareholders of Class A4, Class A7,
Class A9, Class B, Class C, Class Z, Class ZL and corresponding Hedged Equivalent Classes in
the Fund (if any). The Company intends to recommend that dividends be distributed to
Shareholders of all Dividend-distributing Equivalent Classes and Dividend-distributing Hedged
Equivalent Classes (if any).

Dividends may not actually be distributed in any given accounting period if such Class(es) has no
or no significant net investment income.

Further details on the Company’s dividend policy are set out in the section headed “Dividend
Policy” in the Luxembourg Prospectus.

91
 APPENDIX 14

CAPITAL GROUP GLOBAL INTERMEDIATE BOND FUND (LUX)

a. Investment Objective, Policy and Strategy

The investment objective of CGGIBLU (also referred to in this Appendix 14 as the “Fund”) is to
preserve capital and provide income consistent with prudent investment management.

The Fund aims to hold high-quality global bonds in a portfolio with an average maturity of between
3 and 5 years. The Fund invests worldwide primarily in Bonds of governmental, supranational and
corporate issuers and in other fixed income securities including mortgage and asset backed
securities, denominated in various currencies. These Bonds will be Investment Grade at the time
of purchase. The types of mortgage backed securities in which the Fund may invest are CMBS,
CMO, RMBS and TBA contracts. These are usually listed or traded on other Regulated Markets.
Unlisted Investment Grade Bonds may also be purchased, subject to the relevant provisions of
Annex 1, “General Investment Guidelines and Restrictions”, to the Luxembourg Prospectus. The
eligible investment countries for the Fund include any country.

Investment in Bonds will be limited to Investment Grade Bonds. Securities that fail to maintain an
Investment Grade rating from at least one rating agency (or which are no longer deemed
Investment Grade by the Investment Adviser) must be sold within six months, taking into account
the interests of Shareholders. In case of split-rated Bonds, the higher credit rating of S&P,
Moody’s or Fitch will apply.

The Fund may use interest rate swaps, CDX, futures and options on futures.

The Fund may invest in mortgage- and asset-backed securities which will not exceed 40% of the
net assets of the Fund. The types of MBS in which the Fund may invest are CMBS, CMO, RMBS
and TBA contracts.

The Fund may invest on the China Interbank Bond Market up to 10% of the net assets of the
Fund, either directly or via Bond Connect.

b. Share Classes in the Fund

As at the date of this Singapore Prospectus, the following Classes are available for subscription:

(i) Class A4
(ii) Class A7
(iii) Class A7h-GBP
(iv) Class C
(v) Class Ch-JPY
(vi) Class Z

c. Fees, Charges and Expenses

The fees, charges and expenses applicable to the Fund are set out in the table below.

Payable by the Investor

Sales charge74 Maximum of 5.25%

74 No sales charge will be imposed by the Management Company on investors who subscribe for Shares
through distributors in Singapore although investors should note that the distributors may impose a
subscription charge separately. A sales charge of up to a maximum of 5.25% may be withheld by
distributors and other intermediaries from any amount to be invested in all Classes with the exception of
Class A4, Class A7, Class A9, Class A11, Class A13, Class A15 and Class C. The Management Company
92
 Payable by the Fund

Class A4 and its Equivalent Classes: 0.31% per annum

Class A7 and its Equivalent Classes: 0.28% per annum
Class A9 and its Equivalent Classes: 0.24% per annum
Management Fee Class A11 and its Equivalent Classes: 0.21% per annum
Class B and its Equivalent Classes: 1.00% per annum
Class C and its Equivalent Classes: fluctuating75
Class Z and its Equivalent Classes: 0.50% per annum
Effective rate varies with the total assets of the Fund up to
Fund Administration Fee
a maximum of 0.15% per annum
Effective rate varies with the total assets and with the
Depositary and Custody Fees country breakdown in the portfolio of the Fund up to a
maximum of 0.06% per annum

Please refer to the section headed “Expenses” of the Luxembourg Prospectus and the relevant
Annex 2 to the Luxembourg Prospectus for more information on the fees, charges and expenses
applicable to the Fund.

d. Performance of the Fund

The benchmark of the Fund is Bloomberg Barclays Global Aggregate 1-7 Years Custom
hedged to USD Index.

The performance76 of each Class of the Fund and its benchmark77, Bloomberg Barclays Global
Aggregate 1-7 Years Custom hedged to USD Index, as at 28 September 2018 is as follows:

Class Inception date 1 year (%) Lifetime (%)

C 13-Oct-2016 -4.60 -1.67
Z 13-Oct-2016 -4.97 -2.11
Benchmark 0.64 0.86

Performance is calculated in USD on a NAV-NAV and swung pricing basis, with all dividends
and distributions reinvested (net of reinvestment charges) and based on the assumption that
the maximum sales charge was imposed and that any applicable redemption charge was
imposed over the time period. Figures for the last one year show the percentage change, while
figures exceeding one year show the average annual compounded return.

Class Inception date 1 year (%) Lifetime (%)

C 13-Oct-2016 0.69 1.06
Z 13-Oct-2016 0.30 0.61
Benchmark 0.64 0.86

Performance is calculated in USD, on a NAV-NAV and swung pricing basis, with all dividends
and distributions reinvested (net of reinvestment charges) and based on the assumption that no

can also withhold a sales charge of up to a maximum of 5.25% from any amount to be invested in all
Classes with the exception of Class A4, Class A7, Class A9, Class A11, Class A13, Class A15 and Class
C. A switch from one Fund to another is deemed a sale for this purpose. Please refer to the section headed
“Expenses”, in particular, the sub-section headed “Sales Charge Borne by the Investor” of the
Luxembourg Prospectus for further information.
75 Investments in Class C Shares and Shares of Equivalent Classes may only be made by investors having
entered into a separate agreement with respect to management fee and/or other fund expenses, which
are not deducted from these Shares’ Net Asset Value.
76 Source: Capital Group.
77 Shown for indicative purposes only.
93
 sales and redemption charges were imposed. Figures for the last one year show the percentage
change, while figures exceeding one year show the average annual compounded return.

The benchmark's lifetime return is based on the length of oldest share class (i.e. Class B).

Shares whose returns are not included in the above tables have not been launched or have
been launched for less than a year as at 28 September 2018.

Past performance of the Fund is not necessarily indicative of the future performance of
the Fund.

e. Dividend Policy

It is not at present intended that dividends be distributed to Shareholders of Class A4, Class A7,
Class A9, Class A11, Class B, Class C, Class Z and corresponding Hedged Equivalent Classes
in the Fund (if any). The Company intends to recommend that dividends be distributed to
Shareholders of all Dividend-distributing Equivalent Classes and Dividend-distributing Hedged
Equivalent Classes (if any).

Dividends may not actually be distributed in any given accounting period if such Class(es) has no
or no significant net investment income.

Further details on the Company’s dividend policy are set out in the section headed “Dividend
Policy” in the Luxembourg Prospectus.

94
 APPENDIX 15

CAPITAL GROUP US CORPORATE BOND FUND (LUX)

a. Investment Objective, Policy and Strategy

The investment objective of CGUSCBLU (also referred to in this Appendix 15 as the “Fund”) is to
provide, over the long term, a high level of total return consistent with capital preservation and
prudent risk management.

The Fund invests primarily in USD-denominated corporate Investment Grade Bonds. These
Bonds will be Investment Grade at the time of purchase. These are usually listed or traded on
other Regulated Markets. Unlisted securities and other fixed-income securities, including
government securities, may also be purchased, subject to the relevant provisions of Annex 1,
“General Investment Guidelines and Restrictions”, to the Luxembourg Prospectus. The eligible
investment countries for the Fund include any country.

The Fund will seek to invest at least 80% of its total net assets in corporate Bonds. Investment in
Bonds will be limited to Investment Grade Bonds. Securities that fail to maintain an Investment
Grade rating from at least one rating agency (or which are no longer deemed Investment Grade
by the Investment Adviser) must be sold within six months, taking into account the interests of
Shareholders. In case of split-rated Bonds, the highest credit rating of S&P, Moody’s or Fitch will
apply.

All securities held by the Fund will be denominated in USD.

The Fund may invest in mortgage- and asset-backed securities which will not exceed 10% of the
net assets of the Fund. The Fund may also use interest rate swaps, CDX, futures and options on
futures.

b. Share Classes in the Fund

As at the date of this Singapore Prospectus, the following Classes are available for subscription:

(i) Class A4
(ii) Class B
(iii) Class Z
(iv) Class Zd
(v) Class Zgd

c. Fees, Charges and Expenses

The fees, charges and expenses applicable to the Fund are set out in the table below.

Payable by the Investor

Sales charge78 Maximum of 5.25%

78 No sales charge will be imposed by the Management Company on investors who subscribe for Shares
through distributors in Singapore although investors should note that the distributors may impose a
subscription charge separately. A sales charge of up to a maximum of 5.25% may be withheld by
distributors and other intermediaries from any amount to be invested in all Classes with the exception of
Class A4, Class A7, Class A9, Class A11, Class A13, Class A15 and Class C. The Management Company
can also withhold a sales charge of up to a maximum of 5.25% from any amount to be invested in all
Classes with the exception of Class A4, Class A7, Class A9, Class A11, Class A13, Class A15 and Class
C. A switch from one Fund to another is deemed a sale for this purpose. Please refer to the section headed
“Expenses”, in particular, the sub-section headed “Sales Charge Borne by the Investor” of the
Luxembourg Prospectus for further information.
95
 Payable by the Fund

Class A4 and its Equivalent Classes: 0.275% per annum

Class A7 and its Equivalent Classes: 0.25% per annum
Class A9 and its Equivalent Classes: 0.21% per annum
Management Fee Class A11 and its Equivalent Classes: 0.175% per annum
Class B and its Equivalent Classes: 1.00% per annum
Class C and its Equivalent Classes: fluctuating79
Class Z and its Equivalent Classes: 0.50% per annum
Effective rate varies with the total assets of the Fund up to
Fund Administration Fee
a maximum of 0.15% per annum
Effective rate varies with the total assets and with the
Depositary and Custody Fees country breakdown in the portfolio of the Fund up to a
maximum of 0.03% per annum

Please refer to the section headed “Expenses” of the Luxembourg Prospectus and the relevant
Annex 2 to the Luxembourg Prospectus for more information on the fees, charges and expenses
applicable to the Fund.

d. Performance of the Fund

The benchmark of the Fund is the Bloomberg Barclays US Corporate Index.

The performance80 of each Class of the Fund and its benchmark81, Bloomberg Barclays US
Corporate Index, as at 28 September 2018 is as follows:

Class Inception date 1 year (%) Lifetime (%)

B 21-Mar-2017 -7.16 -2.15
Z 21-Mar-2017 -6.61 -1.58
Zd 21-Mar-2017 -6.67 -1.59
Zgd 21-Mar-2017 -6.68 -1.62
Benchmark -1.19 1.96

Performance is calculated in USD on a NAV-NAV and swung pricing basis, with all dividends
and distributions reinvested (net of reinvestment charges) and based on the assumption that
the maximum sales charge was imposed and that any applicable redemption charge was
imposed over the time period. Figures for the last one year show the percentage change, while
figures exceeding one year show the average annual compounded return.

Class Inception date 1 year (%) Lifetime (%)

B 21-Mar-2017 -2.02 1.37
Z 21-Mar-2017 -1.44 1.95
Zd 21-Mar-2017 -1.50 1.94
Zgd 21-Mar-2017 -1.51 1.92
Benchmark -1.19 1.96

Performance is calculated in USD on a NAV-NAV and swung pricing basis, with all dividends
and distributions reinvested (net of reinvestment charges) and based on the assumption that no

79 Investments in Class C Shares and Shares of Equivalent Classes may only be made by investors having
entered into a separate agreement with respect to management fee and/or other fund expenses, which
are not deducted from these Shares’ Net Asset Value.
80 Source: Capital Group.
81 Shown for indicative purposes only.
96
 sales and redemption charges were imposed. Figures for the last one year show the percentage
change, while figures exceeding one year show the average annual compounded return.

The benchmark's lifetime return is based on the length of oldest share class (i.e. Class B).

Shares whose returns are not included in the above tables have not been launched or have
been launched for less than a year as at 28 September 2018.

Past performance of the Fund is not necessarily indicative of the future performance of
the Fund.

e. Dividend Policy

It is not at present intended that dividends be distributed to Shareholders of Class A4, Class A7,
Class A9, Class A11, Class B, Class C, Class Z and corresponding Hedged Equivalent Classes
in the Fund (if any). The Company intends to recommend that dividends be distributed to
Shareholders of all Dividend-distributing Equivalent Classes and Dividend-distributing Hedged
Equivalent Classes (if any).

Dividends may not actually be distributed in any given accounting period if such Class(es) has no
or no significant net investment income.

Further details on the Company’s dividend policy are set out in the section headed “Dividend
Policy” in the Luxembourg Prospectus.

97
 APPENDIX 16

CAPITAL GROUP AMCAP FUND (LUX)

a. Investment Objective, Policy and Strategy

The investment objective of CGAMCAPLU (also referred to in this Appendix 16 as the “Fund”) is
to provide long-term growth of capital.

The Fund invests primarily in equity of U.S. domiciled companies that have solid long-term growth
records and the potential for good future growth. The Fund may invest up to 10% of its assets in
Equity and other securities of issuers domiciled outside the United States.

The eligible investment countries for the Fund include the USA and any country included at any
time in the MSCI World Index, Luxembourg, and Emerging Markets.

The Fund may invest up to 10% of its assets in securities of issuers domiciled outside the United
States. In determining the domicile of an issuer, the Investment Adviser will consider the domicile
determination of a leading provider of global indexes, such as Morgan Stanley Capital
International, and may also take into account such factors as where the issuer’s securities are
listed and where the issuer is legally organised, maintains principal corporate offices, conducts its
principal operations and/or generates revenues.

The Fund may invest in contingent convertible bonds which will not exceed 5% of the net assets
of the Fund.

b. Share Classes in the Fund

As at the date of this Singapore Prospectus, the following Classes are available for subscription:

(i) Class A4
(ii) Class A7
(iii) Class B
(iv) Class Bh-EUR
(v) Class C
(vi) Class Z
(vii) Class Zgd
(viii) Class Zh-CHF
(ix) Class Zh-EUR
(x) Class Zh-GBP

c. Fees, Charges and Expenses

The fees, charges and expenses applicable to the Fund are set out in the table below.

Payable by the Investor

Sales charge82 Maximum of 5.25%

82 No sales charge will be imposed by the Management Company on investors who subscribe for Shares
through distributors in Singapore although investors should note that the distributors may impose a
subscription charge separately. A sales charge of up to a maximum of 5.25% may be withheld by
distributors and other intermediaries from any amount to be invested in all Classes with the exception of
Class A4, Class A7, Class A9, Class A11, Class A13, Class A15 and Class C. The Management Company
can also withhold a sales charge of up to a maximum of 5.25% from any amount to be invested in all
Classes with the exception of Class A4, Class A7, Class A9, Class A11, Class A13, Class A15 and Class
C. A switch from one Fund to another is deemed a sale for this purpose. Please refer to the section headed
98
 Payable by the Fund

Class A4 and its Equivalent Classes: 0.40% per annum

Class A7 and its Equivalent Classes: 0.35% per annum
Class A9 and its Equivalent Classes: 0.32% per annum
Management Fee
Class B and its Equivalent Classes: 1.50% per annum
Class C and its Equivalent Classes: fluctuating83
Class Z and its Equivalent Classes: 0.65% per annum
Effective rate varies with the total assets of the Fund up to
Fund Administration Fee
a maximum of 0.15% per annum
Effective rate varies with the total assets and with the
Depositary and Custody Fees country breakdown in the portfolio of the Fund up to a
maximum of 0.04% per annum

Please refer to the section headed “Expenses” of the Luxembourg Prospectus and the relevant
Annex 2 to the Luxembourg Prospectus for more information on the fees, charges and expenses
applicable to the Fund.

d. Performance of the Fund

The benchmark of the Fund is the S&P 500 Net Total Return Index.

The performance84 of each Class of the Fund and its benchmark85, S&P 500 Net Total Return
Index, as at 28 September 2018 is as follows:

Class Inception date 1 year (%) Lifetime (%)

B 16-Jun-2017 13.75 14.95
Bh-EUR 16-Jun-2017 10.78 12.10
Z 16-Jun-2017 14.69 15.94
Zgd 16-Jun-2017 14.66 15.94
Zh-CHF 16-Jun-2017 11.12 12.48
Zh-EUR 16-Jun-2017 11.76 13.06
Zh-GBP 16-Jun-2017 12.75 13.98
Benchmark 17.23 16.57

Performance is calculated in USD (save for Classes Bh-EUR and Zh-EUR which are calculated
in EUR, Class Zh-CHF which is calculated in CHF and Class Zh-GBP which is calculated in
GBP), on a NAV-NAV and swung pricing basis, with all dividends and distributions reinvested
(net of reinvestment charges) and based on the assumption that the maximum sales charge
was imposed and that any applicable redemption charge was imposed over the time period.
Figures for the last one year show the percentage change, while figures exceeding one year
show the average annual compounded return.

Class Inception date 1 year (%) Lifetime (%)

B 16-Jun-2017 20.06 19.86
Bh-EUR 16-Jun-2017 16.92 16.89
Z 16-Jun-2017 21.04 20.89

“Expenses”, in particular, the sub-section headed “Sales Charge Borne by the Investor” of the
Luxembourg Prospectus for further information.
83 Investments in Class C Shares and Shares of Equivalent Classes may only be made by investors having
entered into a separate agreement with respect to management fee and/or other fund expenses, which
are not deducted from these Shares’ Net Asset Value.
84 Source: Capital Group.
85 Shown for indicative purposes only.
99
 Zgd 16-Jun-2017 21.01 20.89
Zh-CHF 16-Jun-2017 17.27 17.29
Zh-EUR 16-Jun-2017 17.95 17.89
Zh-GBP 16-Jun-2017 19.00 18.85
Benchmark 17.23 16.57

Performance is calculated in USD (save for Classes Bh-EUR and Zh-EUR which are calculated
in EUR, Class Zh-CHF which is calculated in CHF and Class Zh-GBP which is calculated in
GBP), on a NAV-NAV and swung pricing basis, with all dividends and distributions reinvested
(net of reinvestment charges) and based on the assumption that no sales and redemption
charges were imposed. Figures for the last one year show the percentage change, while figures
exceeding one year show the average annual compounded return.

The benchmark's lifetime return is based on the length of oldest share class (i.e. Class B).

Shares whose returns are not included in the above tables have not been launched or have
been launched for less than a year as at 28 September 2018.

Past performance of the Fund is not necessarily indicative of the future performance of
the Fund.

e. Dividend Policy

It is not at present intended that dividends be distributed to Shareholders of Class A4, Class A7,
Class A9, Class B, Class C, Class Z and corresponding Hedged Equivalent Classes in the Fund
(if any). The Company intends to recommend that dividends be distributed to Shareholders of all
Dividend-distributing Equivalent Classes and Dividend-distributing Hedged Equivalent Classes (if
any).

Dividends may not actually be distributed in any given accounting period if such Class(es) has no
or no significant net investment income.

Further details on the Company’s dividend policy are set out in the section headed “Dividend
Policy” in the Luxembourg Prospectus.

100
 APPENDIX 17

CAPITAL GROUP US HIGH YIELD FUND (LUX)

a. Investment Objective, Policy and Strategy

The investment objective of CGUSHYLU (also referred to in this Appendix 17 as the “Fund”) is to
provide, over the long term, a high level of total return largely comprised of current income. The
secondary investment objective of the Fund is capital appreciation.

The Fund invests primarily in USD-denominated corporate High Yield Bonds. These are usually
listed or traded on other Regulated Markets. Unlisted securities and other fixed-income
securities may also be purchased, subject to the relevant provisions of Annex 1, “General
Investment Guidelines and Restrictions”, to the Luxembourg Prospectus. The eligible investment
countries for the Fund include any country.

The Fund will seek to invest at least 75% of its total net assets in USD-denominated corporate
High Yield Bonds. The overall Portfolio exposure to the USD currency will generally be at least
equal to 90% of the value of the net assets of the Fund. The Fund may invest up to maximum
10% in Emerging Markets corporate Bonds.

The Fund may invest in ABS/MBS which will not exceed 10% of the net assets of the Fund.
The Fund may invest up to 10% in distressed securities. The Fund may also use interest rate
swaps, CDX, futures and options on futures, and may invest up to 10% in Equity and contingent
convertible bonds.

The Fund may invest in loans, which comply with Articles 3 and 4 of the Luxembourg Grand
Ducal Regulation of 8 February 2008, CSSF Circular 08/380 and Article 1(23) of the 2010 Law
within the limits set forth in Annex 1 of the Luxembourg Prospectus.

b. Share Classes in the Fund

As at the date of this Singapore Prospectus, the following Classes are available for subscription:

(i) Class A4
(ii) Class B
(iii) Class C
(iv) Class Z
(v) Class Zd
(vi) Class Zgd
(vii) Class Zgdh-GBP

c. Fees, Charges and Expenses

The fees, charges and expenses applicable to the Fund are set out in the table below.

Payable by the Investor

Sales charge86 Maximum of 5.25%

86 No sales charge will be imposed by the Management Company on investors who subscribe for Shares
through distributors in Singapore although investors should note that the distributors may impose a
subscription charge separately. A sales charge of up to a maximum of 5.25% may be withheld by
distributors and other intermediaries from any amount to be invested in all Classes with the exception of
Class A4, Class A7, Class A9, Class A11, Class A13, Class A15 and Class C. The Management Company
can also withhold a sales charge of up to a maximum of 5.25% from any amount to be invested in all
Classes with the exception of Class A4, Class A7, Class A9, Class A11, Class A13, Class A15 and Class
C. A switch from one Fund to another is deemed a sale for this purpose. Please refer to the section headed
101
 Payable by the Fund

Class A4 and its Equivalent Classes: 0.43% per annum

Class A7 and its Equivalent Classes: 0.33% per annum
Class A9 and its Equivalent Classes: 0.30% per annum
Management Fee
Class B and its Equivalent Classes: 1.30% per annum
Class C and its Equivalent Classes: fluctuating87
Class Z and its Equivalent Classes: 0.65% per annum
Effective rate varies with the total assets of the Fund up to
Fund Administration Fee
a maximum of 0.15% per annum
Effective rate varies with the total assets and with the
Depositary and Custody Fees country breakdown in the portfolio of the Fund up to a
maximum of 0.03% per annum

Please refer to the section headed “Expenses” of the Luxembourg Prospectus and the relevant
Annex 2 to the Luxembourg Prospectus for more information on the fees, charges and expenses
applicable to the Fund.

d. Performance of the Fund

The benchmark of the Fund is the Bloomberg Barclays U.S. Corporate High Yield 2% Issuer
Capped Index.

The returns of the Fund are not available as the Fund has not been incepted for at least a year
as at 28 September 2018.

e. Dividend Policy

It is not at present intended that dividends be distributed to Shareholders of Class A4, Class A7,
Class A9, Class B, Class C, Class Z and corresponding Hedged Equivalent Classes in the Fund
(if any). The Company intends to recommend that dividends be distributed to Shareholders of all
Dividend-distributing Equivalent Classes and Dividend-distributing Hedged Equivalent Classes (if
any).

Dividends may not actually be distributed in any given accounting period if such Class(es) has no
or no significant net investment income.

Further details on the Company’s dividend policy are set out in the section headed “Dividend
Policy” in the Luxembourg Prospectus.

“Expenses”, in particular, the sub-section headed “Sales Charge Borne by the Investor” of the
Luxembourg Prospectus for further information.
87 Investments in Class C Shares and Shares of Equivalent Classes may only be made by investors having
entered into a separate agreement with respect to management fee and/or other fund expenses, which
are not deducted from these Shares’ Net Asset Value.
102
 APPENDIX 18

CAPITAL GROUP GLOBAL CORPORATE BOND FUND (LUX)

a. Investment Objective, Policy and Strategy

The primary investment objective of CGGCBLU (also referred to in this Appendix 18 as the “Fund”)
to provide, over the long term, a high level of total return consistent with capital preservation and
prudent risk management.

The Fund invests worldwide primarily in corporate Investment Grade Bonds. These Bonds will be
Investment Grade at the time of purchase. These are usually listed or traded on other Regulated
Markets. Unlisted securities and other fixed-income securities, including government securities,
may also be purchased, subject to the relevant provisions of Annex 1, “General Investment
Guidelines and Restrictions”, to the Luxembourg Prospectus.

The Fund will seek to invest at least 80% of its total net assets in corporate Investment Grade
Bonds. In case of split-rated Bonds, the higher credit rating of S&P, Moody’s or Fitch will apply.
Securities that fail to maintain an Investment Grade Bonds rating from at least one rating agency
(or which are no longer deemed Investment Grade by the Investment Adviser) must be sold within
3 months, taking into account the interests of Shareholders.

The Fund may invest in ABS/MBS which will not exceed 10% of the net assets of the Fund. The
Fund may also use interest rate swaps, CDX, futures and options on futures.

b. Share Classes in the Fund

As at the date of this Singapore Prospectus, the following Classes are available for subscription:

(i) Class A11h-EUR

(ii) Class B
(iii) Class C
(iv) Class Ch-GBP
(v) Class Z
(vi) Class Zd
(vii) Class Zgd
(viii) Class Zgdh-GBP
(ix) Class ZLdh-GBP

c. Fees, Charges and Expenses

The fees, charges and expenses applicable to the Fund are set out in the table below.

Payable by the Investor

Sales charge88 Maximum of 5.25%

88 No sales charge will be imposed by the Management Company on investors who subscribe for Shares
through distributors in Singapore although investors should note that the distributors may impose a
subscription charge separately. A sales charge of up to a maximum of 5.25% may be withheld by
distributors and other intermediaries from any amount to be invested in all Classes with the exception of
Class A4, Class A7, Class A9, Class A11, Class A13, Class A15 and Class C. The Management Company
can also withhold a sales charge of up to a maximum of 5.25% from any amount to be invested in all
Classes with the exception of Class A4, Class A7, Class A9, Class A11, Class A13, Class A15 and Class
C. A switch from one Fund to another is deemed a sale for this purpose. Please refer to the section headed
“Expenses”, in particular, the sub-section headed “Sales Charge Borne by the Investor” of the
Luxembourg Prospectus for further information.
103
 Payable by the Fund

Class A4 and its Equivalent Classes: 0.31% per annum

Class A7 and its Equivalent Classes: 0.28% per annum
Class A9 and its Equivalent Classes: 0.24% per annum
Class A11 and its Equivalent Classes: 0.21% per annum
Management Fee
Class B and its Equivalent Classes: 1.00% per annum
Class C and its Equivalent Classes: fluctuating89
Class Z and its Equivalent Classes: 0.50% per annum
Class ZL and its Equivalent Classes: 0.40% per annum
Effective rate varies with the total assets of the Fund up to
Fund Administration Fee
a maximum of 0.15% per annum
Effective rate varies with the total assets and with the
Depositary and Custody Fees country breakdown in the portfolio of the Fund up to a
maximum of 0.04% per annum

Please refer to the section headed “Expenses” of the Luxembourg Prospectus and the relevant
Annex 2 to the Luxembourg Prospectus for more information on the fees, charges and expenses
applicable to the Fund.

d. Performance of the Fund

The benchmark of the Fund is the Bloomberg Barclays Global Aggregate Corporate hedged to
USD Index.

The Fund was incepted on 13 February 2018. The returns of the Fund are not available as the
Fund has been incepted for less than a year as at 28 September 2018.

e. Dividend Policy

It is not at present intended that dividends be distributed to Shareholders of Class A4, Class A7,
Class A9, Class A11, Class B, Class C, Class Z, Class ZL and corresponding Hedged Equivalent
Classes in the Fund (if any). The Company intends to recommend that dividends be distributed
to Shareholders of all Dividend-distributing Equivalent Classes and Dividend-distributing Hedged
Equivalent Classes (if any).

Dividends may not actually be distributed in any given accounting period if such Class(es) has no
or no significant net investment income.

Further details on the Company’s dividend policy are set out in the section headed “Dividend
Policy” in the Luxembourg Prospectus.

89 Investments in Class C Shares and Shares of Equivalent Classes may only be made by investors having
entered into a separate agreement with respect to management fee and/or other fund expenses, which
are not deducted from these Shares’ Net Asset Value.
104
 APPENDIX 19

CAPITAL GROUP CAPITAL INCOME BUILDER (LUX)

a. Investment Objective, Policy and Strategy

The primary investment objectives of CGCIBLU (also referred to in this Appendix 19 as the “Fund”)
are to provide a level of current income that exceeds the average yield on U.S. stocks generally
and to provide a growing stream of income over the years, expressed in USD. The Fund’s
secondary objective is to provide growth of capital. The Fund invests primarily in a broad range
of income-producing securities, including common stocks and bonds. The Fund may also invest
significantly in common stocks, bonds and other securities of issuers domiciled outside the
United States.

The Fund will generally invest at least 90% of its assets in income-producing securities. The Fund
will invest primarily in Equity securities. In addition, the Fund may invest in Bonds90 and other debt
securities of any maturity or duration, including securities issued and guaranteed by the U.S.
government, securities issued by federal agencies and instrumentalities and securities backed by
mortgages or other assets.

The Fund may invest up to 5% of its assets in straight debt securities (i.e., debt securities that do
not have equity conversion or purchase rights) rated Ba1 or below and BB+ or below by NRSROs
designated by the Investment Adviser, or unrated but determined by the Investment Adviser to be
of equivalent quality. If rating agencies differ, securities will be considered to have received the
highest of these ratings.

The Fund may invest up to 50% of its assets in securities of issuers domiciled outside the United
States. In determining the domicile of an issuer, the Investment adviser will consider the domicile
determination of a leading provider of global indexes, such as Morgan Stanley Capital
International, and may also take into account such factors as where the issuer’s securities are
listed and where the issuer is legally organized, maintains principal corporate offices, conducts its
principal operations and/or generates revenues.

The Fund may invest in ABS/MBS which will not exceed 20% of the net assets of the Fund. The
Fund may use interest rate swaps, CDX, futures and options on futures. The Fund may invest in
contingent convertible bonds which will not exceed 5% of the net assets of the Fund. The Fund
may invest via the Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock
Connect into A-shares up to 5% of the net assets of the Fund.

b. Share Classes in the Fund

As at the date of this Singapore Prospectus, the following Classes are available for subscription:

(i) Class A4
(ii) Class A4dh-EUR
(iii) Class B
(iv) Class Bd
(v) Class Bdh-GBP
(vi) Class C
(vii) Class Cd
(viii) Class Z
(ix) Class Zd
(x) Class Zdh-EUR
(xi) Class Zdh-GBP

c. Fees, Charges and Expenses

90 “Bond” refers to any transferable fixed-income security (which may include fixed-income securities
convertible into equity and/or having attached warrants).
105
 The fees, charges and expenses applicable to the Fund are set out in the table below.

Payable by the Investor

Sales charge91 Maximum of 5.25%

Payable by the Fund

Class A4 and its Equivalent Classes: 0.53% per annum

Class A7 and its Equivalent Classes: 0.43% per annum
Class A9 and its Equivalent Classes: 0.40% per annum
Management Fee Class A11 and its Equivalent Classes: 0.38% per annum
Class B and its Equivalent Classes: 1.50% per annum
Class C and its Equivalent Classes: fluctuating92
Class Z and its Equivalent Classes: 0.75% per annum
Effective rate varies with the total assets of the Fund up to
Fund Administration Fee
a maximum of 0.15% per annum
Effective rate varies with the total assets and with the
Depositary and Custody Fees country breakdown in the portfolio of the Fund up to a
maximum of 0.05% per annum

Please refer to the section headed “Expenses” of the Luxembourg Prospectus and the relevant
Annex 2 to the Luxembourg Prospectus for more information on the fees, charges and expenses
applicable to the Fund.

d. Performance of the Fund

As the Fund has unique investment objectives that do not track any benchmark, no benchmark
is used for the Fund.

The Fund was incepted on 21 September 2018. The returns of the Fund are not available as
the Fund has been incepted for less than a year as at 28 September 2018.

e. Dividend Policy

It is not at present intended that dividends be distributed to Shareholders of Class A4, Class A7,
Class A9, Class A11, Class B, Class C, Class Z and corresponding Hedged Equivalent Classes
in the Fund (if any). The Company intends to recommend that dividends be distributed to
Shareholders of all Dividend-distributing Equivalent Classes and Dividend-distributing Hedged
Equivalent Classes (if any).

Dividends may not actually be distributed in any given accounting period if such Class(es) has no
or no significant net investment income.

91 No sales charge will be imposed by the Management Company on investors who subscribe for Shares
through distributors in Singapore although investors should note that the distributors may impose a
subscription charge separately. A sales charge of up to a maximum of 5.25% may be withheld by
distributors and other intermediaries from any amount to be invested in all Classes with the exception of
Class A4, Class A7, Class A9, Class A11, Class A13, Class A15 and Class C. The Management Company
can also withhold a sales charge of up to a maximum of 5.25% from any amount to be invested in all
Classes with the exception of Class A4, Class A7, Class A9, Class A11, Class A13, Class A15 and Class
C. A switch from one Fund to another is deemed a sale for this purpose. Please refer to the section headed
“Expenses”, in particular, the sub-section headed “Sales Charge Borne by the Investor” of the
Luxembourg Prospectus for further information.
92 Investments in Class C Shares and Shares of Equivalent Classes may only be made by investors having
entered into a separate agreement with respect to management fee and/or other fund expenses, which
are not deducted from these Shares’ Net Asset Value.
106
Further details on the Company’s dividend policy are set out in the section headed “Dividend
Policy” in the Luxembourg Prospectus.

107
 APPENDIX 20

CAPITAL GROUP EMERGING MARKETS DEBT FUND (LUX)

a. Investment Objective, Policy and Strategy

CGEMDLU (also referred to in this Appendix 20 as the “Fund”) aims to provide, over the long
term, a high level of total return, of which a large component is current income. The Fund invests
primarily in government and corporate Bonds, denominated in various currencies, of issuers in
Eligible Investment Countries93. Securities of Emerging Markets94 issuers are defined as those:
(1) from issuers in Emerging Markets; (2) that are denominated in Emerging Markets currencies;
or (3) that are from issuers deemed to be suitable for the Fund because they have or are expected
to have significant economic exposure to Emerging Markets (through assets, revenues, or profits).
These are usually listed or traded on other Regulated Markets.

Unlisted securities may also be purchased, subject to the relevant provisions of Annex 1, “General
Investment Guidelines and Restrictions”, to the Luxembourg Prospectus.

The Fund may invest in credit-default swaps as a protection buyer; it may sell protection only for
the purpose of offsetting an existing buy-protection in the portfolio of the Fund, and not to raise
exposure to credit. The Fund may invest up to 10% of its net assets in distressed securities. The
Fund may use interest rate swaps, CDX, futures and options on futures. The Fund may invest in
contingent convertible bonds which will not exceed 5% of the net assets of the Fund. The Fund
may invest on the China Interbank Bond Market up to 20% of the net assets of the Fund, either
directly or via Bond Connect. 6.The Fund may invest in loans, which comply with Articles 3 and 4
of the Luxembourg Grand Ducal Regulation of 8 February 2008, CSSF Circular 08/380 and Article
1(23) of the 2010 Law within the limits set forth in Annex 1 of the Luxembourg Prospectus.

b. List of Classes

As at the launch date of CGEMDLU, the following Classes will be available for subscription:

(i) Class A4
(ii) Class A4h-EUR
(iii) Class A7
(iv) Class A13
(v) Class A15
(vi) Class B
(vii) Class Bd
(viii) Class C
(ix) Class Z
(x) Class Zd

c. Fees, Charges and Expenses

The fees, charges and expenses applicable to the Fund are set out in the table below.

Payable by the Investor

Sales charge95 Maximum of 5.25%

93 “Eligible Investment Countries” refers to Emerging Markets; countries rated Ba or lower or BB or lower
by a nationally recognised statistical rating organisation; and countries that are on an International
Monetary Fund (“IMF”) program, have outstanding liabilities to the IMF, or have exited an IMF program no
more than 5 years earlier.
94 “Emerging Markets” refers to countries that, in the opinion of the Investment Advisers, are generally
considered to be developing countries by the international financial community.
95 No sales charge will be imposed by the Management Company on investors who subscribe for Shares
through distributors in Singapore although investors should note that the distributors may impose a
subscription charge separately. A sales charge of up to a maximum of 5.25% may be withheld by
distributors and other intermediaries from any amount to be invested in all Classes with the exception of
108
 Payable by the Fund
Class A4 and its Equivalent Classes: 0.50% per annum
Class A7 and its Equivalent Classes: 0.40% per annum
Class A9 and its Equivalent Classes: 0.35% per annum
Class A11 and its Equivalent Classes: 0.32% per annum
Management Fee Class A13 and its Equivalent Classes: 0.30% per annum
Class A15 and its Equivalent Classes: 0.275% per annum
Class B and its Equivalent Classes: 1.50% per annum
Class C and its Equivalent Classes: fluctuating96
Class Z and its Equivalent Classes: 0.75% per annum
Effective rate varies with the total assets of the Fund up to
Fund Administration Fee
a maximum of 0.15% per annum
Effective rate varies with the total assets and with the
Depositary and Custody Fees country breakdown in the portfolio of the Fund up to a
maximum of 0.12% per annum

Please refer to the section headed “Expenses” of the Luxembourg Prospectus and Annex 2 to
the Luxembourg Prospectus for more information on the fees, charges and expenses applicable
to the Fund.

d. Performance of the Fund

The benchmark of the Fund is 50% JPM EMBI Global Diversified Index & 50% JPM GBI-EM
Global Diversified Index (rebalanced monthly).

The returns of the Fund are not available as the Fund has not been incepted as at 28 September
2018.

e. Dividend Policy

It is not at present intended that dividends will be distributed to Shareholders of Class A4, Class
A7, Class A9, Class A11, Class A13, Class A15, Class B, Class C, Class Z and corresponding
Hedged Equivalent Classes in the Fund. The Company intends to recommend that dividends be
distributed to Shareholders of all Dividend-distributing Equivalent Classes and Dividend-
distributing Hedged Equivalent Classes.

Dividends may not actually be distributed in any given accounting period if such Class(es) has no
or no significant net investment income.

Further details on the Company’s dividend policy are set out in the section headed “Dividend
Policy” in the Luxembourg Prospectus.

Class A4, Class A7, Class A9, Class A11, Class A13, Class A15 and Class C. The Management Company
can also withhold a sales charge of up to a maximum of 5.25% from any amount to be invested in all
Classes with the exception of Class A4, Class A7, Class A9, Class A11, Class A13, Class A15 and Class
C. A switch from one Fund to another is deemed a sale for this purpose. Please refer to the section headed
“Expenses”, in particular, the sub-section headed “Sales Charge Borne by the Investor” of the
Luxembourg Prospectus for further information.
96 Investments in Class C Shares and Shares of Equivalent Classes may only be made by investors having
entered into a separate agreement with respect to management fee and/or other fund expenses, which
are not deducted from these Shares’ Net Asset Value.
109
 APPENDIX 21

CAPITAL GROUP EMERGING MARKETS LOCAL CURRENCY DEBT FUND (LUX)

a. Investment Objective, Policy and Strategy

CGEMLCDLU (also referred to in this Appendix 21 as the “Fund”) aims to provide, over the long
term, a high level of total return, of which a large component is current income. The Fund invests
primarily in government and corporate Bonds, denominated in the local currencies of issuers in
Eligible Investment Countries. Securities of Emerging Markets issuers are those: (1) from issuers
in Emerging Markets; (2) that are denominated in Emerging Markets currencies; or (3) that are
from issuers deemed to be suitable for the Fund because they have or are expected to have
significant economic exposure to Emerging Markets (through assets, revenues, or profits). These
are usually listed or traded on other Regulated Markets (“Emerging Markets Issuers”).

Unlisted securities may also be purchased, subject to the relevant provisions of Annex 1, “General
Investment Guidelines and Restrictions”, to the Luxembourg Prospectus.

In general, the Fund will seek to have not more than 20% of its assets invested in Bonds and
hybrid securities denominated in USD and other non-Emerging Markets local currencies. The
Fund may invest in credit-default swaps as a protection buyer; it may sell protection only for the
purpose of offsetting an existing buy-protection in the portfolio of the Fund, and not to raise
exposure to credit. The Fund may invest up to 10% of its net assets in distressed securities. The
Fund may use interest rate swaps, CDX, futures and options on futures. The Fund may invest in
contingent convertible bonds which will not exceed 5% of the net assets of the Fund. The Fund
may invest on the China Interbank Bond Market up to 20% of the net assets of the Fund, either
directly or via Bond Connect.

b. List of Classes

As at the launch date of CGEMLCDLU, the following Classes will be available for subscription:

(i) Class A4
(ii) Class A7
(iii) Class A9
(iv) Class A13
(v) Class B
(vi) Class Bd
(vii) Class C
(viii) Class Z
(ix) Class Zd

c. Fees, Charges and Expenses

The fees, charges and expenses applicable to the Fund are set out in the table below.

Payable by the Investor

Sales charge97 Maximum of 5.25%

97 No sales charge will be imposed by the Management Company on investors who subscribe for Shares
through distributors in Singapore although investors should note that the distributors may impose a
subscription charge separately. A sales charge of up to a maximum of 5.25% may be withheld by
distributors and other intermediaries from any amount to be invested in all Classes with the exception of
Class A4, Class A7, Class A9, Class A11, Class A13, Class A15 and Class C. The Management Company
can also withhold a sales charge of up to a maximum of 5.25% from any amount to be invested in all
Classes with the exception of Class A4, Class A7, Class A9, Class A11, Class A13, Class A15 and Class
110
 Payable by the Fund

Class A4 and its Equivalent Classes: 0.50% per annum

Class A7 and its Equivalent Classes: 0.40% per annum
Class A9 and its Equivalent Classes: 0.35% per annum
Class A11 and its Equivalent Classes: 0.32% per annum
Management Fee Class A13 and its Equivalent Classes: 0.30% per annum
Class A15 and its Equivalent Classes: 0.275% per annum
Class B and its Equivalent Classes: 1.50% per annum
Class C and its Equivalent Classes: fluctuating98
Class Z and its Equivalent Classes: 0.75% per annum
Effective rate varies with the total assets of the Fund up to
Fund Administration Fee
a maximum of 0.15% per annum
Effective rate varies with the total assets and with the
Depositary and Custody Fees country breakdown in the portfolio of the Fund up to a
maximum of 0.14% per annum

Please refer to the section headed “Expenses” of the Luxembourg Prospectus and Annex 2 to
the Luxembourg Prospectus for more information on the fees, charges and expenses applicable
to the Fund.

d. Performance of the Fund

The benchmark of the Fund is JPM GBI-EM Global Diversified Index.

The returns of the Fund are not available as the Fund has not been incepted as at 28 September
2018.

e. Dividend Policy

It is not at present intended that dividends will be distributed to Shareholders of Class A4, Class
A7, Class A9, Class A11, Class A13, Class A15, Class B, Class C, Class Z and corresponding
Hedged Equivalent Classes in the Fund. The Company intends to recommend that dividends be
distributed to Shareholders of all Dividend-distributing Equivalent Classes and Dividend-
distributing Hedged Equivalent Classes.

Dividends may not actually be distributed in any given accounting period if such Class(es) has no
or no significant net investment income.

Further details on the Company’s dividend policy are set out in the section headed “Dividend
Policy” in the Luxembourg Prospectus.

C. A switch from one Fund to another is deemed a sale for this purpose. Please refer to the section headed
“Expenses”, in particular, the sub-section headed “Sales Charge Borne by the Investor” of the
Luxembourg Prospectus for further information.
98 Investments in Class C Shares and Shares of Equivalent Classes may only be made by investors having
entered into a separate agreement with respect to management fee and/or other fund expenses, which
are not deducted from these Shares’ Net Asset Value.
111
 APPENDIX 22

CAPITAL GROUP EMERGING MARKETS TOTAL OPPORTUNITIES (LUX)

a. Investment Objective, Policy and Strategy

CGETOPLU (also referred to in this Appendix 22 as the “Fund”) aims for long-term growth and
preservation of capital with lower volatility of returns than Emerging Markets Equities by investing
primarily in Equity, hybrid securities, Bonds (both corporate and sovereign) and short-term
instruments normally listed or traded on other Regulated Markets of issuers in Eligible Investment
Countries. Securities of Emerging Markets issuers are those: (1) from issuers in Emerging
Markets; (2) primarily traded in Emerging Markets; (3) that are denominated in Emerging Markets
currencies; or (4) that are from issuers deemed to be suitable for the Fund because they have or
are expected to have significant economic exposure to Emerging Markets (through assets,
revenues, or profits) (“Emerging Markets Issuers”).

Up to 10% of the Fund’s assets may be invested in securities of issuers which are not Emerging
Markets Issuers. For the avoidance of doubt and notwithstanding the above 10% limit, the Fund
may invest in such issuers’ sovereign debt instruments rated AAA by Standard & Poor’s or Fitch
or Aaa by Moody’s in lieu of cash, without being considered as securities of issuers from
countries other than Eligible Investment Countries. Unlisted securities may also be purchased,
subject to the relevant provisions of Annex 1, “General Investment Guidelines and Restrictions”,
in the Luxembourg Prospectus.

The Fund may invest in credit-default swaps as a protection buyer; it may sell protection only
for the purpose of offsetting an existing buy-protection in the portfolio of the Fund, and not to
raise exposure to credit. The Fund may invest in ABS/MBS which will not exceed 10% of the
net assets of the Fund. The Fund may invest up to 10% of its net assets in distressed securities.
The Fund may use interest rate swaps, CDX, futures and options on futures. The Fund may
invest in contingent convertible bonds which will not exceed 5% of the net assets of the Fund.
The Fund may invest via the Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong
Stock Connect into A-shares on an ancillary basis. The Fund may invest on the China Interbank
Bond Market up to 20% of the net assets of the Fund, either directly or via Bond Connect. The
Fund may invest in loans, which comply with Articles 3 and 4 of the Luxembourg Grand Ducal
Regulation of 8 February 2008, CSSF Circular 08/380 and Article 1(23) of the 2010 Law within
the limits set forth in Annex 1 of the Luxembourg Prospectus.

b. List of Classes

As at the launch date of CGETOPLU, the following Classes will be available for subscription:

(i) Class A4
(ii) Class A4h-EUR
(iii) Class A7
(iv) Class A7d
(v) Class A7dh-GBP
(vi) Class A7h-GBP
(vii) Class A9
(viii) Class A9d
(ix) Class A9dh-GBP
(x) Class A9h-GBP
(xi) Class A11dh-GBP
(xii) Class A13
(xiii) Class B
(xiv) Class Bd
(xv) Class Bh-CHF
(xvi) Class Bh-EUR
(xvii) Class Bgd
(xviii) Class C
112
 (xix) Class Cdh-GBP
(xx) Class Ch-CHF
(xxi) Class Ch-GBP
(xxii) Class P
(xxiii) Class Pd
(xxiv) Class Ph-EUR
(xxv) Class Ph-GBP
(xxvi) Class Z
(xxvii) Class Zd
(xxviii) Class Zdh-GBP
(xxix) Class Zgd
(xxx) Class Zgdh-GBP
(xxxi) Class Zh-CHF
(xxxii) Class Zh-EUR
(xxxiii) Class Zh-GBP

c. Fees, Charges and Expenses

The fees, charges and expenses applicable to the Fund are set out in the table below.

Payable by the Investor

Sales charge99 Maximum of 5.25%

Payable by the Fund

Class A4 and its Equivalent Classes: 0.90% per annum

Class A7 and its Equivalent Classes: 0.75% per annum
Class A9 and its Equivalent Classes: 0.60% per annum
Class A11 and its Equivalent Classes: 0.675% per annum
Management Fee Class A13 and its Equivalent Classes: 0.55% per annum
Class B and its Equivalent Classes: 1.75% per annum
Class C and its Equivalent Classes: fluctuating100
Class P and its Equivalent Classes: 0.80% per annum
Class Z and its Equivalent Classes: 0.875% per annum
Effective rate varies with the total assets of the Fund up to
Fund Administration Fee
a maximum of 0.15% per annum
Effective rate varies with the total assets and with the
Depositary and Custody Fees country breakdown in the portfolio of the Fund up to a
maximum of 0.08% per annum

Please refer to the section headed “Expenses” of the Luxembourg Prospectus and Annex 2 to
the Luxembourg Prospectus for more information on the fees, charges and expenses applicable
to the Fund.

99 No sales charge will be imposed by the Management Company on investors who subscribe for Shares
through distributors in Singapore although investors should note that the distributors may impose a
subscription charge separately. A sales charge of up to a maximum of 5.25% may be withheld by
distributors and other intermediaries from any amount to be invested in all Classes with the exception of
Class A4, Class A7, Class A9, Class A11, Class A13, Class A15 and Class C. The Management Company
can also withhold a sales charge of up to a maximum of 5.25% from any amount to be invested in all
Classes with the exception of Class A4, Class A7, Class A9, Class A11, Class A13, Class A15 and Class
C. A switch from one Fund to another is deemed a sale for this purpose. Please refer to the section headed
“Expenses”, in particular, the sub-section headed “Sales Charge Borne by the Investor” of the
Luxembourg Prospectus for further information.
100 Investments in Class C Shares and Shares of Equivalent Classes may only be made by investors having
entered into a separate agreement with respect to management fee and/or other fund expenses, which
are not deducted from these Shares’ Net Asset Value.
113
d. Performance of the Fund

As the Fund has unique investment objectives that do not track any benchmark, no benchmark
is used for the Fund.

The returns of the Fund are not available as the Fund has not been incepted as at 28 September
2018.

e. Dividend Policy

It is not at present intended that dividends will be distributed to Shareholders of Class A4, Class
A7, Class A9, Class A11, Class A13, Class B, Class C, Class P and Class Z and corresponding
Hedged Equivalent Classes in the Fund. The Company intends to recommend that dividends be
distributed to Shareholders of all Dividend-distributing Equivalent Classes and Dividend-
distributing Hedged Equivalent Classes.

Dividends may not actually be distributed in any given accounting period if such Class(es) has no
or no significant net investment income.

Further details on the Company’s dividend policy are set out in the section headed “Dividend
Policy” in the Luxembourg Prospectus.

114
 APPENDIX 23

CAPITAL GROUP EMERGING MARKETS GROWTH FUND (LUX)

a. Investment Objective, Policy and Strategy

CGEMGLU (also referred to in this Appendix 23 as the “Fund”) seeks risk diversification, both
geographically and by industry sector and long-term capital growth, through investment primarily
in common stocks and other equity securities of issuers domiciled in or conducting a predominant
part of their economic activities in Emerging Markets. These are usually listed or traded on other
Regulated Markets. Unlisted securities may also be purchased, subject to the relevant provisions
of Annex 1, “General Investment Guidelines and Restrictions”, in the Luxembourg Prospectus.

Up to 10% of the Fund’s assets may be invested in securities of issuers which are not in
Emerging Markets, but that have or will have substantial assets in Emerging Markets, or derive
or expect to derive a substantial proportion of their total revenue or profit from goods or services
produced in or sales made in Emerging Markets, provided however that this 10% limit will not
apply where the “substantial portion” referred to above is at least equal to 75%.

The Fund may invest up to 10% of its net assets in securities of issuers in Emerging Markets
that are not designated as Qualified Developing Countries 101 , but that have or will have
substantial assets in Qualified Developing Countries, or derive or expect to derive a substantial
proportion of their total revenue or profit from goods or services produced in or sales made in
Qualified Developing Countries.

The Fund may invest up to 10% of its net assets in fixed-income securities and other
transferable securities. The Fund may invest via the Shanghai-Hong Kong Stock Connect and
Shenzhen-Hong Kong Stock Connect into A-shares on an ancillary basis. The Fund may invest
up to 30% of its net assets in any one industry. The Fund may invest up to 35% of its net assets
in any one country. The Fund may engage in currency hedging, not exceeding, for each
currency, 95% of the value of the Fund’s assets denominated in, and/or directly exposed to the
risk of, such currency.

b. List of Classes

As at the launch date of CGEMGLU, the following Classes will be available for subscription:

(i) Class A7
(ii) Class A9
(iii) Class A11
(iv) Class B
(v) Class Bd
(vi) Class C
(vii) Class P
(viii) Class Pd
(ix) Class Z
(x) Class Zd

c. Fees, Charges and Expenses

The fees, charges and expenses applicable to the Fund are set out in the table below.

Payable by the Investor

101 Qualified Developing Countries in which the Fund may invest currently is available on
capitalgroup.com/international.
115
 Sales charge102 Maximum of 5.25%

Payable by the Fund

Class A7 and its Equivalent Classes: 0.80% per annum

Class A9 and its Equivalent Classes: 0.65% per annum
Class A11 and its Equivalent Classes: 0.60% per annum
Management Fee Class B and its Equivalent Classes: 1.75% per annum
Class C and its Equivalent Classes: fluctuating103
Class P and its Equivalent Classes: 0.80% per annum
Class Z and its Equivalent Classes: 0.875% per annum
Effective rate varies with the total assets of the Fund up to
Fund Administration Fee
a maximum of 0.15% per annum
Effective rate varies with the total assets and with the
Depositary and Custody Fees country breakdown in the portfolio of the Fund up to a
maximum of 0.13% per annum

Please refer to the section headed “Expenses” of the Luxembourg Prospectus and Annex 2 to
the Luxembourg Prospectus for more information on the fees, charges and expenses applicable
to the Fund.

d. Performance of the Fund

The benchmark of the Fund is MSCI Emerging Markets Investable Market Index.

The returns of the Fund are not available as the Fund has not been incepted as at 28 September
2018.

e. Dividend Policy

It is not at present intended that dividends will be distributed to Shareholders of Class A7, Class
A9, Class A11, Class B, Class C, Class P and Class Z and corresponding Hedged Equivalent
Classes in the Fund. The Company intends to recommend that dividends be distributed to
Shareholders of all Dividend-distributing Equivalent Classes and Dividend-distributing Hedged
Equivalent Classes.

Dividends may not actually be distributed in any given accounting period if such Class(es) has no
or no significant net investment income.

Further details on the Company’s dividend policy are set out in the section headed “Dividend
Policy” in the Luxembourg Prospectus.

102 No sales charge will be imposed by the Management Company on investors who subscribe for Shares
through distributors in Singapore although investors should note that the distributors may impose a
subscription charge separately. A sales charge of up to a maximum of 5.25% may be withheld by
distributors and other intermediaries from any amount to be invested in all Classes with the exception of
Class A4, Class A7, Class A9, Class A11, Class A13, Class A15 and Class C. The Management Company
can also withhold a sales charge of up to a maximum of 5.25% from any amount to be invested in all
Classes with the exception of Class A4, Class A7, Class A9, Class A11, Class A13, Class A15 and Class
C. A switch from one Fund to another is deemed a sale for this purpose. Please refer to the section headed
“Expenses”, in particular, the sub-section headed “Sales Charge Borne by the Investor” of the
Luxembourg Prospectus for further information.
103 Investments in Class C Shares and Shares of Equivalent Classes may only be made by investors having
entered into a separate agreement with respect to management fee and/or other fund expenses, which
are not deducted from these Shares’ Net Asset Value.
116
 Capital International Fund
Prospectus

March 2019

Société d’Investissement à Capital

Variable organised under the laws
of the Grand Duchy of Luxembourg

VISA 2019/155917-34-0-PC
L'apposition du visa ne peut en aucun cas servir
d'argument de publicité
Luxembourg, le 2019-03-29
Commission de Surveillance du Secteur Financier
Contact information

Investor Services

Call 00 800 243 38637

toll free in EU and Switzerland (9am to 6pm CET)

From outside the EU and Switzerland

tel +352 46 26 85 611 or fax +352 46 26 85 432

The Management Company’s webpage:

capitalgroup.com/international

Umbrella Name Prospectus | 1

Capital International Fund

Contents

This Prospectus is dated March 2019

Contact information 1 Subscription in Kind 23

Warnings 4 Subscriptions Deferral 23
Rejection Privilege 23
Registration 4
Redemption of Shares 24
Definitions and References 4 Standard Redemption Procedures 24
The Funds and their Structure 6 Redemptions made with the assistance of Distributors and other
The Funds 6 Intermediaries 24
The Classes 6 Redemptions Deferral 24
The Shares 8 Compulsory Redemption 24
Investment Objectives and Policies 8 Redemption in Kind 25
Value of the Shares Redeemed 25
Risk Warnings 8
General Investment Risk 8 Transfer of Shares 25
Specific Risks 9 Switches Between Funds 25
Equities 9 Distributors and other Intermediaries 25
Bonds 9
Restrictions on Ownership 26
High Yield Bonds 9
Commodity Futures Trading Commission Disclosure 26
Distressed securities 9
Protection Against Improper Trading Practices 26
Sovereign Debt 9
Late Trading 26
Emerging Markets 9
Excessive Trading and Market Timing 26
People’s Republic of China 10
Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Taxation 26
Stock Connect 11 The Company 26
China Interbank Bond Market 12 Shareholders 27
Bond Connect 13 General 27
Currency Risk 14 Automatic exchange of financial account information 27
RMB 14 Foreign Account Tax Compliance Act (FATCA) 27
OTC Markets 14 Liquidation and Dissolution 27
Derivative Instruments 14 Capital International Fund – General and Corporate Information 29
Credit Default Swap Indices 15 The Company 29
Interest Rate Swaps 16 Mailing address of the Company 29
Futures 16 The Board of Directors of the Company 29
Contingent Convertible Bonds 16 Accounting Year of the Company 29
Equity Linked Notes 17 Shareholders meetings of the Company 29
Depository Receipts 17 The Management Company 29
Mortgage- and Asset-Backed Securities 17 The Investment Advisers and Sub-Adviser of the Company 29
European Monetary Union (EMU) 18 The Depositary and Custodian of the Company 30
Liquidity risk 18 Administrative Manager and Paying Agent of the Company 30
Dividend Policy 18 Authorised Agents and Country Paying Agents of the Company 31
Expenses 19 Distributors 31
Annual Charges and Expenses Borne by the Company 19 Auditors of the Company 31
Sales Charge Borne by the Investor 20 Legal Advisers 31
Net Asset Value 20 Reports and other Documents available for Investors 31
Frequency and Timing 20 Transmission of investor data 31
Calculation Principles 20 Remuneration policy 31
Swing pricing adjustment 20 Annex 1: General Investment Guidelines and Restrictions 33
Suspension of Determination of Net Asset Value and of Issue, Switch I. Eligible Assets 33
and Redemption of Shares 21 II. Investment Limits Applicable to Eligible Assets 34
III. Liquid Assets 35
Account Opening 21
IV. Unauthorised Investments 35
Account Opening Procedure 21
Personal Data 22 Annex 2: Fund Information Sheets 36
Issue of Shares 22
Offering Price 22
Standard Subscription Procedures 22
Contractual Settlement 23
Class Selection 23
Subscriptions made with the assistance of Distributors and other
Intermediaries 23

Capital International Fund Prospectus | 3

Warnings
Shares are offered on the basis of the information and representations contained in this Prospectus and the documents specified in this Prospectus
and no other information or representation relating to them is authorised. Where legally required, this Prospectus must be accompanied by the relevant
Key Investor Information Documents, and the Company’s most recent annual report, and semi-annual report if more recent than the annual report;
these form part of this Prospectus and can be obtained, free of charge, from the registered office of the Company.

This Prospectus does not constitute an offer or solicitation (i) by anyone in any jurisdiction in which it is illegal, (ii) where the person making an offer or
solicitation is not qualified to do so, or (iii) to anyone to whom it is illegal to make an offer or solicitation. Please also see “Registration” below.

It is the responsibility of prospective purchasers of Shares to inform themselves as to, and to observe, the legal requirements, exchange control
regulations and applicable taxes to which they are subject (see also any addendum accompanying this Prospectus with additional information for
investors in relevant jurisdictions).

The Company, as an umbrella fund, comprises different Funds, each with a different investment objective and risk profile. Investment in the Company
may not be suitable for all investors. Prospective purchasers of Shares who are individuals are encouraged to invest with the assistance of a Distributor
(of which the Company will provide details upon request), who will be responsible for the assessment of the suitability and/or the appropriateness of
such investment (see also “Distributors and other Intermediaries”). Investments in the Company are subject to market and other risks such as
counterparty and liquidity risks. Please read the “Risk Warnings” section for more details of the relevant risk factors involved. Past results are no
indication of future results and investors may get back less than they originally invested.

As further detailed under “Restrictions on Ownership”, the Company may restrict or prevent the ownership of Shares by any person, firm or corporate
body including, but without limitation, any US Person and any US citizen. Shares may not be transferred except in compliance with all applicable
securities laws. In addition, the Company may require the redemption of Shares by any person. The Company has not been and will not be registered
under the United States Investment Company Act of 1940, as amended.

The Company draws the investors’ attention to the fact that any investor will only be able to fully exercise his investor rights directly against the
Company, notably the right to participate in general shareholders’ meetings, if the investor is registered himself/herself and in his/her own name in the
shareholders’ register of the Company. In cases where an investor invests in the Company through an intermediary investing into the Company in its
own name but on behalf of the investor, it may not always be possible for the investor to exercise certain shareholder rights directly against the
Company. Investors are advised to take advice on their rights.

Registration
Each available Class is registered for public or limited offering of its Shares in various jurisdictions, a list of which may be obtained from the Company
upon request.

Information on countries where the Funds are available can be found online at capitalgroup.com/international.

Definitions and References

In this Prospectus and any Annexes, the following capitalised terms will have the following meaning unless the context requires otherwise:

Account Opening Form the form to be used for the purpose of opening an account with the Company
Administrative Manager the party acting as the Company’s domiciliary agent, corporate agent, registrar and transfer agent, i.e. J. P.
Morgan Bank Luxembourg S.A. of European Bank & Business Centre, 6C, route de Trèves, L-2633 Senningerberg,
Luxembourg
ADR American Depository Receipt
Affiliate any entity which is (i) directly or indirectly owned, (ii) managed or (iii) controlled by Capital Group
Bond any transferable fixed-income security (which may include fixed-income securities convertible into equity and/or
having attached warrants)
Business Day a day on which banks are generally open for business in Luxembourg (excluding 24 December in each year)
Capital Group The Capital Group Companies, Inc. of 333 South Hope Street, Los Angeles, California 90071, USA
Capital Group Investor an investor who has been approved as a shareholder of the Company by the Management Company, subject to
conditions established from time to time by Capital Group
CIF Capital International Fund
CII Capital International, Inc., 11100 Santa Monica Boulevard, 15th Floor, Los Angeles, CA 90025-3384, USA
CISA Capital International Sàrl of 3, place des Bergues, CH-1201 Geneva, Switzerland
Class each class of Shares
CNH Chinese Offshore Renminbi, accessible outside the PRC. The government of the PRC introduced this currency
in July 2010 to encourage trade and investment with entities outside the PRC. The value of Offshore Renminbi
(CNH) and Onshore Renminbi (CNY) may be different.
CNY Chinese Onshore Renminbi accessible within the PRC
Company Capital International Fund
Conducting Officer a conducting officer of the Management Company pursuant to Article 102 (1) of the Law

4 | Prospectus Capital International Fund

CRMC Capital Research and Management Company of 333 South Hope Street, Los Angeles, California 90071, USA
CSSF Commission de Surveillance du Secteur Financier
Custodian J. P. Morgan Bank Luxembourg S.A. of European Bank & Business Centre, 6C, route de Trèves, L-2633
Senningerberg, Luxembourg
Cut-Off Time 1:00pm on each Valuation Date (except in the case of the launch of a Fund as defined in the relevant Fund
Information Sheet in Annex 2 or unless the Management Company accepts a later cut-off time)
Depositary J. P. Morgan Bank Luxembourg S.A. of European Bank & Business Centre, 6C, route de Trèves, L-2633
Senningerberg, Luxembourg
Distributor an Intermediary that has entered into a business relationship with the Company or the Management Company
whereby it has undertaken (i) to promote and distribute Shares or an investment product that invests in Shares
or, in any similar manner, serve as an intermediary between the Company or the Management Company and
investors, and (ii) to provide services to investors in relation to their investment in Shares
Dividend-distributing Equivalent a Class, the characteristics and features of which are equivalent to those of another Class, except as
Class specifically described under “The Classes” in respect of dividend distribution
Dividend-distributing Hedged a Class, the characteristics and features of which are equivalent to those of another Class, except as
Equivalent Class specifically described under “The Classes” in respect of dividend distribution and currency hedging
Eligible Investment Country the countries in which the assets of the relevant Fund would normally be invested, as defined in the relevant
Fund Information Sheet in Annex 2
Eligible Assets assets in which the Portfolio of each Fund will exclusively invest, as specified in Annex 1 and in the relevant
Fund Information Sheet in Annex 2
Emerging Market a country that, in the opinion of the Investment Advisers, is generally considered to be a developing country by
the international financial community
Equity or Equities any transferable equity and equity-related securities (including fixed income securities convertible into equity or
having attached warrants, warrants, ADRs, GDRs and preferred shares, all of which are considered equivalent
to the underlying equity, as the case may be, for all intents and purposes)
Equivalent Class a Class, the characteristics and features of which are equivalent to those of another Class, except as
specifically described otherwise under “The Classes” in connection with the relevant Equivalent Class
Fund each compartment of the Company
GDR Global Depository Receipt
Hedged Equivalent Class a Class, the characteristics and features of which are equivalent to those of another Class, except as
specifically described under “The Classes” in respect of currency hedging
High Yield Bond a Bond with a credit rating equal to or lower than BB+ by Standard & Poor’s or Fitch, or Ba1 by Moody’s, or an
un-rated Bond deemed to be of equivalent standing by the Investment Adviser. In the case of a split-rated
security, the lowest rating will apply, unless otherwise specified in the relevant Fund Information Sheet in Annex
2
Institutional Investor an investor meeting the requirements to qualify as an institutional investor for the purposes of Article 174 of the
Luxembourg law of 17 December 2010 on undertakings for collective investment
Intermediary a person or entity that promotes and distributes Shares or an investment product that invests in Shares, or in
any other similar manner serves as an intermediary between the Company or the Management Company and
investors
Investment Adviser the investment adviser and the sub-adviser of the relevant Fund, as defined in the relevant Fund Information
Sheet in Annex 2
Investment Grade Bond a Bond with a credit rating equal to or better than BBB- by Standard & Poor’s or Fitch, or Baa3 by Moody’s, or
an un-rated Bond deemed to be of equivalent standing by the Investment Adviser. In the case of a split-rated
security, the highest rating will apply, unless otherwise specified in the relevant Fund Information Sheet in
Annex 2
JP Morgan J. P. Morgan Bank Luxembourg S.A. of European Bank & Business Centre, 6C, route de Trèves, L-2633
Senningerberg, Luxembourg
Key Investor Information the key investor information document which is available on capitalgroup.com/international
Document (or KIID)
Launch Date the date as of which Shares are first issued by a Fund
Law the Luxembourg law of 17 December 2010 on collective investment undertakings, as may be amended
Management Company Capital International Management Company Sàrl, of 37A, avenue John F. Kennedy, L-1855 Luxembourg
Management Fee the management fee paid by the Company to the Management Company, expressed as a percentage of total
net assets in the relevant Class
Member State member State of the European Union
Nationally Recognised an NRSRO is an organisation that issues ratings that assess the creditworthiness of an obligor itself or with
Statistical Rating Organisation regard to specific securities or money market instruments, has been in existence as a credit rating agency for at least
(NRSRO) three years, and meets certain other criteria, as defined in Section 3(a)(62) of the Securities Exchange Act of 1934,
as amended.

Capital International Fund Prospectus | 5

 Net Asset Value the net asset value per Share, calculated in accordance with the Calculation Principles provided for under “Net
Asset Value”

OECD Organisation for Economic Co-operation and Development

Offering Price the offering price per Share
Official Listing official listing on a stock exchange, which is regulated, operating regularly, recognised and open to the public
within the meaning of Article 41(1) of the Law
OTC over-the-counter
OTC Derivative financial derivative instrument dealt in the OTC derivative markets
Paying Agent J. P. Morgan Bank Luxembourg S.A. of European Bank & Business Centre, 6C, route de Trèves, L-2633
Senningerberg, Luxembourg
Payment Currency a currency in which subscription monies may generally be paid and in which an official Net Asset Value of each
Fund is available. The list of available Payment Currencies in each active Class and Equivalent Class can be
found online on the Management Company’s webpage at capitalgroup.com/international
Portfolio the portfolio of the relevant Fund
PRC the People’s Republic of China
Redemption Pre-notification for redemption requests above the amount specified in the relevant Fund Information Sheet in Annex 2, three
Date Week Days before the relevant Valuation Date
Regulated Market a market that is regulated, operating regularly, recognised and open to the public. In the case of Bonds,
Regulated Markets include (i) the Over-the-Counter-Markets of the NASDAQ System, (ii) the Over-the-Counter
Market of the members of the International Capital Market Association, (iii) the US NASD-regulated Over-the-
Counter Bond Market and (iv) any similarly operating Regulated Market on which Bonds including Eurobonds
and similar off-shore Bonds are customarily dealt in
RMB Renminbi, the official currency of the PRC; is generally used to denote the Chinese currency traded in the
Onshore Renminbi (CNY) and the Offshore Renminbi (CNH) markets.
Share a share of the Company
Shareholder the owner of Share(s)
SICAV open-ended investment company (“Société d’Investissement à Capital Variable”)
Subscription Pre-notification for subscription requests above the amount specified in the relevant Fund Information Sheet in Annex, three
Date Week Days before the relevant Valuation Date
Transaction Request Form the form to be used for transacting in Shares
UCI Undertaking for Collective Investment within the meaning of Article 41 (1) e) of the Law
UCITS Undertaking for Collective Investment in Transferable Securities authorised according to the Directive
2009/65/EC of the European Parliament and of the Council of 13 July 2009 on the coordination of laws,
regulations and administrative provisions relating to undertakings for collective investments in transferable
securities, as may be amended
USA or US the United States of America
US Person a “US Person” as defined in Regulation S under the United States Securities Act of 1933, as amended, which
includes any resident of the United States, or any corporation, partnership or other entity created or organised
under the laws of the United States (including any estate of any such person created or organised in the United
States)
Valuation Date the date as of which the assets of a given Fund are valued, as defined in the relevant Fund Information Sheet in
Annex 2
Week Day any calendar day other than a Saturday or a Sunday

Unless otherwise specified, all references to time are to Luxembourg time.

The Funds and their Structure

The Company is incorporated in Luxembourg as a SICAV under Part I of the Law, as described in more detail under “Capital International Fund –
General and Corporate Information”.

The Funds
The Company has adopted a multiple-compartment (or “umbrella”) structure to provide investors with a choice of investment portfolios within the same
investment vehicle. A separate Portfolio is maintained for each Fund and is invested in accordance with the investment objective applicable to the
relevant Fund, and the assets of one Fund may only be used to cover the liabilities of such Fund. Each Fund may be differentiated by its specific
investment objective and policy or other specific features, as described within the relevant Fund Information Sheet in Annex 2.

The Classes
Shares of each Fund may be divided into Class A4 Shares, Class A7 Shares, Class A9 Shares, Class A11 Shares, Class A13 Shares, Class A15
Shares, Class B Shares, Class C Shares, Class N Shares, Class P Shares, Class T Shares, Class Z Shares and Class ZL Shares. In addition, some

6 | Prospectus Capital International Fund

Classes of some Funds may be further broken down into Equivalent Classes, with particular features as described below. Classes will be activated by
the Management Company. Active Classes available in each Fund and corresponding KIIDs may be found on the Management Company’s webpage
at capitalgroup.com/international.

Each Class is primarily designed for certain categories of investors, as described below.

• Class A4, Class A7, Class A9, Class A11, Class A13, Class A15, and Equivalent Classes: Class A4, Class A7, Class A9, Class A11 Shares,
Class A13 Shares, Class A15 Shares and Shares of Equivalent Classes are available only to Qualifying Institutional Investors as defined below,
and/or Capital Group Investors subject to conditions established from time to time by Capital Group. Eligibility for Class A4, Class A7, Class A9,
Class A11, Class A13, Class A15, and Equivalent Classes is subject, in each Fund, to an initial investment and minimum amount to be held at any
time by Qualifying Institutional Investors, as specified in the relevant Fund Information Sheet in Annex 2 1.

Qualifying Institutional Investors are defined as follows:

- Where investing their own assets, pension funds, social security institutions, charitable endowments, corporate treasurers, insurance,
reinsurance companies and sovereign wealth funds and any State or State entity related, all subscribing on their own behalf.

- Collective investment undertakings, holding companies, credit institutions and other regulated professionals of the financial sector investing in
their own name but on behalf of Qualifying Institutional Investors as defined above.

All Qualifying Institutional Investors meet the conditions of Article 174 of the Law.

• Class C and Equivalent Classes: Class C Shares and Shares of Equivalent Classes are available only to Institutional Investors which are
Capital Group Investors, subject to conditions established from time to time by Capital Group, including the entering into of a separate agreement
with respect to management fee and/or other fund expenses, which are not deducted from these Shares’ Net Asset Value.

• Class B and Equivalent Classes: Class B Shares and Shares of Equivalent Classes are available for individual investors investing either with
the assistance of Distributors or directly. No initial investment and minimum amount is required to invest in Class B Shares and Shares of
Equivalent Classes. A sales charge up to 5.25% may be withheld by Distributors and other Intermediaries in the case of Class B and Equivalent
Classes, or by the Management Company, from any amount to be invested in Shares (a switch from one Fund to another is deemed a sale for this
purpose).

• Class T and Equivalent Classes: Class T Shares and Shares of Equivalent Classes are available for individual investors investing with the
assistance of Distributors. No initial investment and minimum amount is required to invest in Class T Shares and Shares of Equivalent Classes. A
sales charge up to 5.25% may be withheld by Distributors and other Intermediaries in the case of Class T and Equivalent Classes, or by the
Management Company, from any amount to be invested in Shares (a switch from one Fund to another is deemed a sale for this purpose).

• Class N and Equivalent Classes: Class N Shares and Shares of Equivalent Classes are available for individual investors investing with the
assistance of Distributors. No initial investment and minimum amount is required to invest in Class N Shares and Shares of Equivalent Classes.

• Class Z and Equivalent Classes: Class Z Shares and Shares of Equivalent Classes are available to Distributors who are directly compensated
by investors through separate fee arrangements, and are not allowed to accept and keep trail commissions, either due to regulatory restrictions
such as EC Directive 2014/65/EC as amended (commonly referred to as “MiFID II”) or similar laws and regulations or on the basis of contractual
arrangements. No initial investment and minimum amount is required to invest in Class Z Shares and Shares of Equivalent Classes. Class Z
Shares and Shares of Equivalent Classes are also available to Capital Group Investors subject to conditions established from time to time by
Capital Group. A sales charge up to 5.25% may be withheld by Distributors and other Intermediaries in the case of Class Z and Equivalent
Classes, or by the Management Company, from any amount to be invested in Shares (a switch from one Fund to another is deemed a sale for this
purpose).

• Class P and Equivalent Classes: Class P Shares and Shares of Equivalent Classes are available to Distributors who are directly compensated
by investors through separate fee arrangements, and are not allowed to accept and keep trail commissions, either due to regulatory restrictions
such as EC Directive 2014/65/EC as amended (commonly referred to as “MiFID II”) or similar laws and regulations or on the basis of contractual
arrangements. Eligibility for Class P Shares and Shares of Equivalent Classes is subject, in each Fund, to an initial investment and minimum
amount to be held at any time by the Distributor, of USD 100 million. Class P Shares and Shares of Equivalent Classes are also available to
Capital Group Investors subject to conditions established from time to time by Capital Group. A sales charge up to 5.25% may be withheld by
Distributors and other Intermediaries in the case of Class P and Equivalent Classes, or by the Management Company, from any amount to be
invested in Shares (a switch from one Fund to another is deemed a sale for this purpose).

• Class ZL and Equivalent Classes :Class ZL Shares and Shares of Equivalent Classes are available to Distributors who are directly
compensated by the investors through separate fee arrangements, and are not allowed to accept and keep trail commissions, either due to
regulatory restrictions such as EC Directive 2014/65/EC as amended (commonly referred to as “MiFID II”) or similar laws and regulations or on the
basis of contractual arrangements. Eligibility for Class ZL Shares and Shares of Equivalent Classes is subject, in each Fund, to an initial
investment and minimum amount to be held at any time by the Distributor, of USD 250 million – USD 500 million, as specified in the relevant Fund
Information Sheet in Annex 21. Class ZL Shares and Shares of Equivalent Classes are also available to Capital Group Investors subject to
conditions established from time to time by Capital Group. A sales charge up to 5.25% may be withheld by Distributors and other Intermediaries in
the case of Class ZL and Equivalent Classes, or by the Management Company, from any amount to be invested in Shares (a switch from one
Fund to another is deemed a sale for this purpose).

Each Class and Equivalent Class may be available in the following currencies: CHF, EUR, GBP, JPY and USD or any other freely convertible currency.
Each Class and Equivalent Class may also be available in RMB. The list of available Payment Currencies in each active Class and Equivalent Class
can be found online on the Management Company’s webpage at capitalgroup.com/international.

Equivalent Classes have the following additional features:

• Dividend-distributing Equivalent Classes: It is intended that these Classes will distribute dividends (see “Dividend Policy” for details). All such
Classes are equivalent to one of the above Classes, other than with respect to dividend distribution.

1
Unless a lower amount is approved by the Management Company’s Board of Directors or results from market action. Different investment minima may apply if Shares are purchased with the
assistance of a Distributor, as further detailed under “Distributors and other Intermediaries”.

Capital International Fund Prospectus | 7

 These are marked by a “d”, “ad”, “fd” or “gd”, depending on the applicable dividend methodology (see “Dividend Policy” for details).

• Hedged Equivalent Classes: All such Classes are equivalent to one of the above Classes, other than with respect to currency hedging. These
Classes seek to limit exposure of their Shareholders to currencies other than the currency referred to in the relevant Class’s designation; a
systematic passive currency-hedging overlay will be performed by JPMorgan Chase Bank, N.A. on a significant part of the assets of the relevant
Fund attributable to these Classes. Over-hedged or under-hedged positions may arise unintentionally due to specific factors such as the net flows
or fluctuations in the net asset value of the Class, however, over-hedged positions will not exceed 105% of the net asset value of the relevant
Hedged Equivalent Class and under-hedged positions will not fall below 95% of the portion of the net asset value of the Hedged Equivalent Class
which is to be hedged. The hedged positions will be kept under review to ensure that under-hedged positions do not fall below the level set out
above and are not carried forward from month to month and that over-hedged positions materially in excess of 100% will not be carried forward
from month to month. The actual passive currency-hedging overlay methodology will vary from Class to Class, as described in the relevant Fund
Information Sheet in Annex 2. Passive currency-hedging overlay will not completely eliminate the exposure to currency movements, and proxy
hedging may, for instance, be used when the underlying currency is not liquid or is closely linked to another currency. The costs of passive
currency-hedging overlay and gains/losses from hedging transactions are borne by the relevant Hedged Equivalent Class(es).

Investors should be aware that any currency hedging process may not give a precise hedge. Furthermore, there is no guarantee that the hedging
will be totally successful. Investors in the currency Hedged Share Classes may have exposure to currencies other than the currency of their Share
Class. Shareholders of Hedged Equivalent Classes should note that returns of Hedged Equivalent Classes may be significantly different over time
than those of unhedged Classes and that passive currency-hedging overlay may limit their ability to benefit from the currency diversification
undertaken within the portfolio.

These are marked by a “h” and a reference to the currency being hedged into. An up-to-date list of Classes with a contagion risk can be obtained
from the Management Company upon request.

• Dividend-distributing Hedged Equivalent Classes: These Classes combine the features of Dividend-distributing Equivalent Classes and
Hedged Equivalent Classes. All such Classes are equivalent to one of the above Classes, other than with respect to dividend distribution and currency
hedging.

These are marked by a “dh”, “adh”, “fdh” or “gdh” and a reference to the currency being hedged into.

The Management Company may ask the applicant investor and/or the Distributor or other Intermediary, as the case may be, to supply any relevant
eligibility information (Please refer to “Restrictions on Ownership”). In considering the qualification of a subscriber or a transferee as an Institutional
Investor, the Management Company will have due regard to any guidelines or recommendations issued by Luxembourg authorities. Institutional
Investors subscribing for Shares of Class A4, Class A7, Class A9, Class A11, Class A13, Class A15, Class C or corresponding Equivalent Classes in
their own name, but on behalf of a third party, must certify to the Management Company that the subscription is made on behalf of an Institutional
Investor and the Management Company may require, at its sole discretion, evidence that the beneficial owner of the Shares is an Institutional Investor.

If the Management Company determines, in its discretion, that the applicant investor is not eligible for the selected Class, it may reject the investment
request. If the Management Company determines, in its discretion, that an existing investor is not eligible anymore in the Class it is invested in it may,
in its discretion, switch the investor into the nearest similar available Class without seeking any pre-approval from the investor or redeem the investor.

Prospective investors are invited to ascertain with the Administrative Manager that a Class is active before making their subscription; processing of
subscription applications in a Class that is not yet active may be delayed and Shares will be issued at the Net Asset Value, potentially adjusted
upwards or downwards as the case may be as described under “Swing pricing adjustment”, of the Valuation Date on which the Class is effectively
launched.

In any such case, or where the Company has had to switch Shares into a Class that was not the Class originally invested in, it will inform the investor
promptly. It will be the investor’s responsibility to apply for a conversion of his holding back into the Class originally invested in if he later again
becomes eligible for such Class.

The Company reserves the right to de-register in Taiwan at any time if, in the opinion of the Investment Adviser, it is likely that such Investment Adviser’s
investment conviction will lead the Company to, in the near future, exceed any then applicable Taiwanese limit on investing in Mainland China securities.

The Shares
Shares are available in registered form only. Fractions of Shares may be issued. Each whole Share or fraction of a Share is entitled to participate
equally, within its Fund and within its Class, in the profits of, and distributions by, the Company and in its assets on liquidation. Otherwise, all Shares
have the same rights and privileges, except as described under “The Classes”, “Dividend Policy” and “Expenses”. Each whole Share is entitled to one
vote at all meetings of Shareholders; fractions of Shares will not entitle the holder to vote. The Shares are fully paid and have no preferential or pre-
emptive rights.

Investment Objectives and Policies

The objective of the Company is to seek to achieve the objective of each Fund as described within the relevant Fund Information Sheet in Annex 2 for
the benefit of its Shareholders. The assets of each Fund are invested with a long-term perspective in accordance with the objective of the relevant
Fund, subject to the investment restrictions described in Annex 1 and in the Fund Information Sheet of the relevant Fund in Annex 2.

Information relating to historical investment results of each Class will be found in the KIIDs.

Risk Warnings
General Investment Risk
The Company, as an umbrella fund, comprises different Funds, each with a different investment objective and risk profile. Investments in all Funds are
subject to market and other risks such as counterparty and liquidity risks. Past results are no indication of future results and investors may get back
less than they originally invested. There can be no guarantee that the investment objectives will be realised. This and other risks should be considered

8 | Prospectus Capital International Fund

carefully by prospective investors. The Company seeks, as far as is feasible, to reduce these risks by careful management of its assets. However, there
can be no assurance that these efforts will be successful.

Specific Risks
The list of risks indicated below is not exhaustive, and any investments are subject to any risks related to international investment generally.

Equities
Some Funds will invest in Equities. The prices of Equity securities may decline in response to certain events, including but not limited to those directly
affecting the companies whose securities are owned by the relevant Fund; conditions affecting the general economy; overall market changes; local,
regional or global political, social or economic instability; and currency fluctuations.

Bonds
Some Funds will invest in Bonds. The market values of Bonds generally vary inversely with the level of interest rates – when interest rates rise, their
values will tend to decline and vice versa. The magnitude of these changes generally will be greater the longer the remaining maturity of the security.

Funds investing in Bonds will be exposed to credit risk. Securities which are subordinated and/or have a lower credit rating are generally considered to
have a higher credit risk and a greater possibility of default than more highly rated securities. In the event that the issuer experiences financial or
economic difficulties, this may affect the value of, and/or any amounts paid on, the relevant securities. Securities ratings by credit rating agencies are a
generally recognised barometer of credit risk; however, an issuer’s rating is heavily weighted by past developments and does not necessarily reflect
probable future conditions. There is frequently a lag between the time the rating is assigned and the time it is updated; and there may be varying
degrees of difference in credit risk of securities within each rating category. While Investment Grade Bonds usually have a higher capacity to pay
interest and repay principal than lower-rated securities, there are no assurances that losses will not occur with respect to these investments.

High Yield Bonds

Some Funds will invest in High Yield Bonds. These Bonds typically are subject to greater market fluctuations and to greater risk of loss of income and
principal due to default by the issuer than are higher-rated Bonds. Lower-rated Bonds’ values tend to reflect short-term corporate, economic and market
developments and investor perceptions of the issuer’s credit quality to a greater extent than lower-yielding higher-rated Bonds. In addition, it may be
more difficult to dispose of, or to determine the value of, High Yield Bonds. Bonds rated BB+ or Ba1 or lower are described by the ratings agencies as
“predominantly speculative with respect to capacity to pay interest and repay principal in accordance with the terms of the obligation. While such debt
will likely have some quality and protective characteristics, these are outweighed by large uncertainties or major risk exposures to adverse conditions.”

Distressed securities
Some Funds may invest in distressed securities (which we define as having a credit rating lower than CCC- by Standard & Poor’s or equivalent) at the
time of purchase, as specified in the relevant Fund Information Sheet in Annex 2. Such securities may be regarded as predominantly speculative with
respect to the issuer’s capacity to pay interest and principal or meet other obligations contained in an indenture or credit agreement. These Funds may
also invest in debt securities on which the issuer is not currently making interest payments (defaulted debt securities). Distressed and defaulted debt
securities may be unsecured and/or subordinated to other outstanding liabilities of the issuer. Whilst holders of distressed or defaulted securities may
benefit from certain legal protections applicable to such securities, these protections may be outweighed by other legal or economic risks. Therefore, a
Fund may lose its entire investment, may receive cash or securities (including equity securities) with a value less than its original investment and/or
may be required to accept payment over an extended period of time. Efforts to maximize the value of these securities may involve additional cost for
the relevant Fund. It may also be more difficult to dispose of, and to determine the value of, distressed and defaulted securities as compared to higher
rated debt securities.

Notwithstanding the above paragraph, if a security satisfies the Fund’s credit rating criteria at the time of purchase and subsequently is downgraded to
a rating which would result in the security being classified as a “distressed security”, the Fund will not be required to dispose of such security. If such a
downgrade occurs, the Investment Adviser(s) will consider what action is in the best interest of the Fund, its Shareholders and in line with the relevant
Fund investment objective.

Sovereign Debt
Some Funds will invest in sovereign debt and thus may be exposed to credit risk of the relevant governmental issuers. The said Funds could lose
money if such issuers default and there may not be any bankruptcy proceedings by which said Funds could enforce their rights in whole or in part.

Emerging Markets
Some Funds will invest in Emerging Markets securities. Investing in Emerging Markets may involve risks in addition to and greater than those generally
associated with investing in the securities markets of developed countries. For instance, Emerging Markets may have less developed legal and
accounting systems than those in developed countries. The governments of these countries may be less stable and more likely to impose capital
controls, nationalize a company or industry, place restrictions on foreign ownership and on withdrawing sale proceeds of securities from the country,
and/or impose punitive taxes that could adversely affect the prices of securities. In addition, the economies of these countries may be dependent on
relatively few industries that are more susceptible to local and global changes. Securities markets in these countries can also be relatively small and
have substantially lower trading volumes. As a result, securities issued in these countries may be more volatile and less liquid, and may be more
difficult to value, than securities issued in countries with more developed economies and/or markets. Additionally, there may be increased settlement
risks for transactions in local securities.

Certain risk factors related to Emerging Markets

Currency fluctuations

Certain Emerging Markets’ currencies have experienced and in the future may experience significant declines against major convertible currencies.
Further, the Fund may lose money due to losses and other expenses incurred in converting various currencies to purchase and sell securities, as well
as from currency restrictions, exchange control regulation and currency devaluations.

Government regulation

Certain Emerging Markets lack uniform accounting, auditing and financial reporting and disclosure standards, may have often less governmental
supervision of financial markets than in developed countries, and do not in many case honor legal rights enjoyed in developed countries. Certain

Capital International Fund Prospectus | 9

governments may be more unstable and present greater risks of nationalization or restrictions on foreign ownership of local companies. Repatriation of
investment income, capital and the proceeds of sales by foreign investors may require governmental registration and/or approval in some Emerging
Markets. While the relevant Fund will only invest in markets where these restrictions are considered acceptable by the Investment Adviser(s), a country
could impose new or additional repatriation restrictions after the Fund’s investment. If this happened, the Fund’s response might include, among other
things, applying to the appropriate authorities for a waiver of the restrictions or engaging in transactions in other markets designed to offset the risks of
decline in that country. Such restrictions will be considered in relation to the Fund’s liquidity needs and other factors. Further, some attractive equity
securities may not be available to the Fund if foreign investors already hold the maximum amount legally permissible.

While government involvement in the private sector varies in degree among Emerging Markets, such involvement may in some cases include
government ownership of companies in certain sectors, wage and price controls or imposition of trade barriers and other protectionist measures. With
respect to any Emerging Markets, there is no guarantee that some future economic or political crisis will not lead to price controls, forced mergers of
companies, expropriation, or creation of government monopolies to the possible detriment of the Fund’s investments.

Fluctuations in inflation rates

Rapid fluctuations in inflation rates may have negative impacts on the economies and securities markets of certain Emerging Markets countries.

Less developed securities markets

Emerging Markets may have in general less well-developed securities markets and exchanges. These markets have lower trading volumes than the
securities markets of more developed countries and may be unable to respond effectively to increases in trading volume. Consequently, these markets
may be substantially less liquid than those of more developed countries, and the securities of issuers located in these markets may have limited
marketability. These factors may make prompt liquidation of substantial portfolio holdings difficult or impossible at times.

Settlement risks

Settlement systems in Emerging Markets are generally less well organized than those of developed markets. Supervisory authorities may also be
unable to apply standards comparable to those in developed markets. Thus, there may be risks that settlement may be delayed and that cash or
securities belonging to the Fund may be in jeopardy because of failures of or defects in the systems. In particular, market practice may require that
payment be made before receipt of the security being purchased or that delivery of a security be made before payment is received. In such cases,
default by a broker or bank (the “counterparty”) through whom the transaction is effected might cause the Fund to suffer a loss. The Fund will seek,
where possible, to use counterparties whose financial status is such that this risk is reduced. However, there can be no certainty that the Fund will be
successful in eliminating this risk, particularly as counterparties operating in Emerging Markets frequently lack the standing or financial resources of
those in developed countries. There may also be a danger that, because of uncertainties in the operation of settlement systems in individual markets,
competing claims may arise with respect to securities held by or to be transferred to the Fund.

Insufficient market information

The Company may encounter problems assessing investment opportunities in certain Emerging Markets in light of limitations on available information
and different accounting, auditing and financial reporting standards. In such circumstances, the Fund’s Investment Adviser(s) will seek alternative
sources of information, and to the extent the Investment Adviser(s) is not satisfied with the sufficiency of the information obtained with respect to a
particular market or security, the Fund will not invest in such market or security.

Taxation

Taxation of dividends, interest and capital gains received by the Fund varies among Emerging Markets and, in some cases, is comparatively high. In
addition, Emerging Markets typically have often less well-defined tax laws and procedures and such laws may permit retroactive taxation so that the
Fund could become subject in the future to local tax liability that it had not reasonably anticipated in conducting its investment activities or valuing its
assets.

Litigation

The Company and its Shareholders may encounter substantial difficulties in obtaining and enforcing judgments against individuals residing and
companies domiciled in certain Emerging Markets.

Fraudulent securities

Shares purchased by the Fund may subsequently be found to be fraudulent or counterfeit, resulting in a loss to the Fund.

People’s Republic of China

Investors should note that the risks of investing in the PRC also apply. Investments in the PRC are currently subject to certain additional risks,
particularly regarding the ability to deal in securities in the PRC. As a result, the Company may choose to gain exposure to PRC securities indirectly
and may be unable to gain full exposure to the PRC markets. The PRC is one of the world’s largest global emerging markets. Investing in the securities
markets in the PRC is subject to the risks of investing in Emerging Markets generally as well as to specific risks relating to the PRC market.

The economy in the PRC, which has been in a state of transition from a planned economy to a more market orientated economy, differs from the
economies of most developed countries and investing in the PRC may be subject to greater risk of loss than investments in developed markets. Any
political changes, social instability and adverse diplomatic developments which may take place in, or in relation to, the PRC could result in significant
fluctuation in the price of Chinese securities and a negative impact on investments in the PRC market. Given the short history of the PRC system of
commercial laws, the PRC regulatory and legal framework may not be as well developed as those of developed countries. As the PRC legal system
develops, no assurance can be given that changes in such laws and regulations, their interpretation or their enforcement will not have a material
adverse effect on the Company’s onshore investments. Chinese accounting standards and practices may deviate significantly from international
accounting standards. The settlement and clearing systems of the PRC securities markets may not be well tested and may be subject to increased
risks of error or inefficiency. There are risks and uncertainties associated with the current PRC tax laws, regulations and practice on any Fund’s
investments in the PRC. Any increased tax liabilities on the Fund may adversely affect the Fund’s value.

The RMB, the lawful currency of the PRC, is not currently a freely convertible currency and is subject to exchange control imposed by the PRC
government. Such control of currency conversion and movements in the RMB exchange rates may adversely affect the operations and financial results
of companies in the PRC.

10 | Prospectus Capital International Fund

Insofar as the Company may invest in the PRC, it will be subject to the risk of the PRC government’s imposition of restrictions on the repatriation of
funds or other assets out of the country, limiting the ability of the Company to satisfy payments to investors. This may impact the liquidity of the relevant
Fund and its ability to meet redemption requests upon demand.

Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect

Some Funds may invest via the Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect (collectively “Stock Connects”), as
specified in the relevant Fund Information Sheet in Annex 2. The Shanghai-Hong Kong Stock Connect is a securities trading and clearing linked
program developed by Hong Kong Exchanges and Clearing Limited (“HKEx”), Shanghai Stock Exchange (“SSE”) and China Securities Depository and
Clearing Corporation Limited (“ChinaClear”) and the Shenzhen-Hong Kong Stock Connect is a securities trading and clearing linked program
developed by HKEx, Shenzhen Stock Exchange (“SZSE”) and ChinaClear, both aiming to achieve mutual stock market access between the PRC and
Hong Kong. Hong Kong Securities Clearing Company Limited (HKSCC), a wholly-owned subsidiary of HKEx, and ChinaClear will be responsible for
the clearing, settlement and the provision of depository, nominee and other related services of the trades executed by their respective market
participants and/or investors.

The Shanghai-Hong Kong Stock Connect comprises a Northbound Shanghai Trading Link and a Southbound Hong Kong Trading Link. Under the
Northbound Shanghai Trading Link, Hong Kong and overseas investors, through their Hong Kong brokers and a securities trading service company
established by the Hong Kong Stock Exchange (“SEHK”), may be able to trade eligible China A Shares listed on the SSE by routing orders to SSE.
Under the Southbound Hong Kong Trading Link under Shanghai-Hong Kong Stock Connect, investors in the PRC will be able to trade certain stocks
listed on the SEHK. Under a joint announcement issued by the SFC and China Securities Regulatory Commission (“CSRC”) on 10 November 2014 the
Shanghai-Hong Kong Stock Connect commenced trading on 17 November 2014.

The Shenzhen-Hong Kong Stock Connect comprises a Northbound Shenzhen Trading Link and a Southbound Hong Kong Trading Link. Under the
Northbound Shenzhen Trading Link, Hong Kong and overseas investors, through their Hong Kong brokers and a securities trading service company
established by SEHK, may be able to trade eligible China A Shares listed on the SZSE by routing orders to SZSE. Under the Southbound Hong Kong
Trading Link under Shenzhen-Hong Kong Stock Connect investors in the PRC will be able to trade certain stocks listed on the SEHK. The Shenzhen -
Hong Kong Stock Connect was launched in December 2016.

The trading is subject to rules and regulations issued from time to time. Trading under the Shanghai-Hong Kong Stock Connect and Shenzhen-Hong
Kong Stock Connect are both subject to a daily quota (“Daily Quota”). Northbound Shanghai Trading Link and Southbound Hong Kong Trading Link
under the Shanghai-Hong Kong Stock Connect as well as Northbound Shenzhen Trading Link and Southbound Hong Kong Trading Link under the
Shenzhen-Hong Kong Stock Connect will be subject to a separate set of Daily Quota. The Daily Quota limits the maximum net buy value of cross-
boundary trades under the Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect each day.

Investments in securities traded and cleared on the Stock Connects are subject to various risks, as described in detail below:

Quota Limitations

The Stock Connects are subject to quota limitations. In particular, once the daily quota is exceeded, buy orders will be rejected (although investors will
be permitted to sell their cross-boundary securities regardless of the quota balance). Therefore, quota limitations may restrict the relevant Fund’s ability
to invest in China A-Shares through the Stock Connects on a timely basis, and the Fund may not be able to effectively pursue its investment strategy.

Legal / Beneficial Ownership

The SSE and SZSE shares are held by the Depositary/ sub-custodian in accounts in the Hong Kong Central Clearing and Settlement System
(“CCASS”) maintained by the HKSCC as central securities depositary in Hong Kong. HKSCC in turn holds the SSE and SZSE shares, as the nominee
holder, through an omnibus securities account in its name registered with ChinaClear for each of the Stock Connects. The precise nature and rights of
the Fund as the beneficial owner of the SSE and SZSE shares through HKSCC as nominee is not well defined under PRC law. There is lack of a clear
definition of, and distinction between, "legal ownership" and "beneficial ownership" under PRC law and there have been few cases involving a nominee
account structure in the PRC courts. Therefore the exact nature and methods of enforcement of the rights and interests of the Stock Connect Funds
under PRC law is uncertain. Because of this uncertainty, in the unlikely event that HKSCC becomes subject to winding up proceedings in Hong Kong it
is not clear if the SSE and SZSE shares will be regarded as held for the beneficial ownership of the Fund or as part of the general assets of HKSCC
available for general distribution to its creditors.

Clearing and Settlement Risk

HKSCC and ChinaClear have established the clearing links and each has become a participant of the other to facilitate clearing and settlement of
cross-boundary trades. For cross-boundary trades initiated in a market, the clearing house of that market will on one hand clear and settle with its own
clearing participants, and on the other hand undertake to fulfil the clearing and settlement obligations of its clearing participants with the counterparty
clearing house.

As the national central counterparty of the PRC’s securities market, ChinaClear operates a comprehensive network of clearing, settlement and stock
holding infrastructure. ChinaClear has established a risk management framework and measures that are approved and supervised by the CSRC. The
chances of ChinaClear default are considered to be remote. In the remote event of a ChinaClear default, HKSCC’s liabilities in SSE and SZSE shares
under its market contracts with clearing participants will be limited to assisting clearing participants in pursuing their claims against ChinaClear. HKSCC
should in good faith, seek recovery of the outstanding stocks and monies from ChinaClear through available legal channels or through ChinaClear’s
liquidation. In that event, the relevant Fund may suffer delay in the recovery process or may not fully recover its losses from ChinaClear.

Suspension Risk

Each of the SEHK, SSE and SZSE reserves the right to suspend trading if necessary for ensuring an orderly and fair market and that risks are
managed prudently. Consent from the relevant regulator would be sought before a suspension is triggered. Where a suspension is effected, the
relevant Fund’s ability to access the PRC market will be adversely affected.

Differences in Trading Day

The Stock Connects only operate on days when both the PRC and Hong Kong markets are open for trading and when banks in both markets are open
on the corresponding settlement days. So it is possible that there are occasions when it is a normal trading day for the PRC market but the Stock
Connect Funds cannot carry out any China A-Shares trading via the Stock Connects. The Fund may be subject to a risk of price fluctuations in China
A-Shares during the time when any of the Stock Connects is not trading as a result.

Operational Risk

Capital International Fund Prospectus | 11

The Stock Connects are premised on the functioning of the operational systems of the relevant market participants. Market participants are permitted to
participate in this program subject to meeting certain information technology capability, risk management and other requirements as may be specified
by the relevant exchange and/or clearing house.

The securities regimes and legal systems of the two markets differ significantly and market participants may need to address issues arising from the
differences on an on-going basis. There is no assurance that the systems of the SEHK and market participants will function properly or will continue to
be adapted to changes and developments in both markets. In the event that the relevant systems fail to function properly, trading in both markets
through the program could be disrupted. The relevant Fund’s ability to access the China A-Share market (and hence to pursue its investment strategy)
may be adversely affected.

Regulatory Risk

The Stock Connects are a novel concept. The current regulations are untested and there is no certainty as to how they will be applied. In addition, the
current regulations are subject to change which may have potential retrospective effects and there can be no assurance that the Stock Connects will
not be abolished. New regulations may be issued from time to time by the regulators / stock exchanges in the PRC and Hong Kong in connection with
operations, legal enforcement and cross-border trades under the Stock Connect. The relevant Fund may be adversely affected as a result of such
changes.

Recalling of Eligible Stocks

When a stock is recalled from the scope of eligible stocks for trading via the Stock Connects, the stock can only be sold but restricted from being
bought. This may affect the investment portfolio or strategies of the relevant Fund, for example, if the Investment Adviser wishes to purchase a stock
which is recalled from the scope of eligible stocks.

Disclosure Requirements

Under Stock Connect, trading in SSE and SZSE Securities is subject to market rules and disclosure requirements in the PRC stock market. Any
changes in laws, regulations and policies of the PRC A-Shares market or rules in relation to Stock Connect may affect share prices. The Fund is
subject to restrictions on trading (including restriction on retention of proceeds) in PRC A-Shares as a result of its interest in the PRC A-Shares. The
Investment Adviser is solely responsible for compliance with all notifications, reports and relevant requirements in connection with its interests in PRC
A-Shares. Under current PRC rules, once an investor holds more than 5% of the shares of a company listed on the SSE or SZSE, the investor is
required to disclose its interest within three working days and during which it cannot trade the shares of that company. The investor is also required to
disclose any change in its shareholding and comply with related trading restrictions in accordance with PRC rules.

No Protection by Investor Compensation Fund

Investment in SSE and SZSE shares via the Stock Connects is conducted through brokers, and is subject to the risks of default by such brokers’ in
their obligations. Investments of the relevant Fund are not covered by the Hong Kong’s Investor Compensation Fund, which has been established to
pay compensation to investors of any nationality who suffer pecuniary losses as a result of default of a licensed intermediary or authorised financial
institution in relation to exchange-traded products in Hong Kong. Since default matters in respect of SSE and SZSE shares via Stock Connect do not
involve products listed or traded in SEHK or Hong Kong Futures Exchange Limited, they will not be covered by the Investor Compensation Fund.
Therefore the Fund is exposed to the risks of default of the broker(s) it engages in its trading in China A-Shares through the Stock Connects.

Conversion Risk

The Fund, whose base currency is not RMB, may also be exposed to currency risk due to the need for the conversion into RMB for investments in SSE
and SZSE Securities via the Stock Connects. During any such conversion, the relevant Fund may also incur currency conversion costs. The currency
exchange rate may be subject to fluctuation and where RMB has depreciated, the relevant Fund may incur a loss when it converts the sale proceeds of
SSE and SZSE Securities into its base currency.

Trading Costs

In addition to paying trading fees and stamp duties in connection with Stock Connects’ shares trading, the relevant Funds carrying out trading via Stock
Connects should also take note of any new portfolio fees, dividend tax and taxes concerned with income arising from stock transfers which would be
determined by the relevant authorities.

Taxation

Under the PRC Entreprise Income Tax Law (“EITL”), dividends and interest paid by PRC companies are subject to 10% tax. Capital gains from the
disposal of PRC securities would normally be subject to 10% tax as well. However, currently capital gains from the disposal of China A-Shares
(including those on the China-Hong Kong Stock Connect Programmes) are subject to a temporary exemption effective from 17 November 2014.

With the uncertainty over whether and how certain income and capital gains on PRC securities are to be taxed, coupled with the possibility of the laws,
regulations and practice in the PRC changing with retrospective effect, any accrual for taxation made by the Management Company may not meet final
PRC tax liabilities. Consequently, investors may be advantaged or disadvantaged depending upon the final outcome of such changes when they
subscribed and/or redeemed their Units in/from the Funds.

Further information about the Stock Connect is available online at the website: http://www.hkex.com.hk/eng/csm/index.htm

China Interbank Bond Market

Some Funds may invest on the China Interbank Bond Market, as specified in the relevant Fund Information Sheet in Annex 2.

Market volatility and potential lack of liquidity due to low trading volume of certain debt securities in the China Interbank Bond Market may result in
prices of certain debt securities traded on such market fluctuating significantly. The relevant Fund investing in such market is therefore subject to
liquidity and volatility risks. The bid and offer spreads of the prices of such securities may be large, and the relevant Fund may therefore incur
significant trading and realisation costs and may even suffer losses when selling such investments.

To the extent that a Fund transacts in the China Interbank Bond Market, the Fund may also be exposed to risks associated with settlement procedures
and default of counterparties. The counterparty which has entered into a transaction with the Fund may default in its obligation to settle the transaction
by delivery of the relevant security or by payment for value.

12 | Prospectus Capital International Fund

Since the relevant filings and account opening for investment in the China Interbank Bond Market have to be carried out via an onshore settlement
agent, the relevant Fund is subject to the risks of default or errors on the part of the onshore settlement agent.

The China Interbank Bond Market is also subject to regulatory risks. The relevant rules and regulations on investment in the China Interbank Bond
Market are subject to change which may have potential retrospective effect. In the event that the relevant Chinese authorities suspend account opening
or trading on the China Interbank Bond Market, the Funds’ ability to invest in the China Interbank Bond Market will be limited and, after exhausting
other trading alternatives, the relevant Fund may suffer substantial losses as a result.

Reforms or changes in macro-economic policies, such as the monetary and tax policies might affect interest rates. Consequently, the price and the
yield of the bonds held in a portfolio would/could also be affected.

Bond Connect
Some Funds may invest via the Bond Connect, as specified in the relevant Fund Information Sheet in Annex 2.

Bond Connect is the historic opening up of China’s Interbank Bond Market (CIBM) to global investors through the China-Hong Kong mutual access
program. The program allows foreign and Mainland China investors the ability to trade in each other’s bond market through a connection between the
Mainland and Hong Kong based financial infrastructure institutions.

Bond Connect aims to enhance the efficiency and flexibility of investing in the China Interbank Bond Market. This is accomplished by easing the
access requirements to enter the market, the use of the Hong Kong trading infrastructure to connect to China Foreign Exchange Trading System
(CFETS), removal of the investment quota and Bond Settlement Agent, all which are required to invest in the CIBM directly.

Market volatility and potential lack of liquidity due to low trading volume of certain debt securities in the CIBM may result in prices of certain debt
securities traded on such market fluctuating significantly. The relevant Fund investing in such market is therefore subject to liquidity and volatility risks.
The bid and offer spreads of the prices of such securities may be large, and the relevant Fund may therefore incur significant trading and realisation
costs and may even suffer losses when selling such investments.

Asset Segregation

Under Bond Connect, assets are distinctly segregated into three levels across the onshore and offshore central depositories (CSD). It is mandatory for
investors using Bond Connect to hold their bonds in a segregated account at the offshore depository in the name of the end investor.

Bond purchased through Bond Connect will be held onshore with the China Central Depository Clearing Co. Ltd (CCDC) in the name of the Hong Kong
Monetary Authority (HKMA). Investors will be the beneficial owners of the bonds via a segregated account structure in the Central Moneymarket Unit
(CMU) in Hong Kong.

Clearing and Settlement Risk

CMU and CCDC have established the clearing links and each has become a participant of the other to facilitate clearing and settlement of cross-
boundary trades. For cross-boundary trades initiated in a market, the clearing house of that market will on one hand clear and settle with its own
clearing participants, and on the other hand undertake to fulfil the clearing and settlement obligations of its clearing participants with the counterparty
clearing house.

As the national central counterparty of the PRC’s securities market, CCDC operates a comprehensive network of clearing, settlement and bond holding
infrastructure. CCDC has established a risk management framework and measures that are approved and supervised by the People’s Bank of China
(PBoC). The chances of CCDC default are considered to be remote. In the remote event of a CCDC default, CMUs liabilities in Bond Connect bonds
under its market contracts with clearing participants will be limited to assisting clearing participants in pursuing their claims against CCDC. CMU should
in good faith, seek recovery of the outstanding bonds and monies from CCDC through available legal channels or through CCDC’s liquidation. In that
event, the relevant Fund may suffer delay in the recovery process or may not fully recover its losses from CCDC.

Trading Link

Participants to Bond Connect register with Tradeweb, the Bond Connect offshore electronic trading platform which links directly into CFETS. This
platform will allow trading with designated onshore Bond Connect market makers using the Request for Quotation (RFQ) protocol.

The designated bond connect market makers provide tradable prices through CFETS. The quote will include the full amount with the clean price, yield
to maturity and effective period for the response. The market makers can decline to respond to the RFQ and can decline, amend or withdraw the quote
as long as it hasn’t been accepted by the potential buyer. Upon acceptance of the quote by the potential buyer, all other quotes automatically become
invalid. CFETS will then generate a trade confirmation on which the market maker, buyers, CFETS and depository will use to process the settlement.

Transaction Flow for Settlement Process and Link

Settlement is effected via the settlement link between the CMU in Hong Kong and Mainland China central depository the CCDC.

For delivery versus payment transactions:

• Settlement instruction must be matched and affirmed in the CCDC system by 10:00 HKT. Securities are earmarked for the transaction and
blocked by the CCDC system.
• Mainland China trading counterparty (the buyer) pays the settlement cash proceeds to CMU by 13:00 HKT.
• After 17:00 HKT upon confirmation from CMU that funds have been received, CCDC will deliver the securities to the Mainland China bond
dealers. This triggers CMU to transfer the settlement cash proceeds to the sub-custodian for further credit to Global Custodian’s account.

Regulatory Risk

The Bond Connect is a novel concept. The current regulations are untested and there is no certainty as to how they will be applied. In addition, the
current regulations are subject to change which may have potential retrospective effects and there can be no assurance that the Bond Connect will not
be abolished. New regulations may be issued from time to time by the regulators in the PRC and Hong Kong in connection with operations, legal
enforcement and cross-border trades under the Bond Connect. The relevant Fund may be adversely affected as a result of such changes.

Reforms or changes in macro-economic policies, such as the monetary and tax policies might affect interest rates. Consequently, the price and the
yield of the bonds held in a portfolio would/could also be affected.

Capital International Fund Prospectus | 13

Conversion Risk

The Fund, whose base currency is not RMB, may also be exposed to currency risk due to the need for the conversion into RMB for investments in
CIBM bonds via the Bond Connect. During any such conversion, the relevant Fund may also incur currency conversion costs. The currency exchange
rate may be subject to fluctuation and where RMB has depreciated, the relevant Fund may incur a loss when it converts the sale proceeds of CIBM
bonds into its base currency.

Taxation

Under current tax laws, coupon interest on government bonds is exempt. Capital gains from the disposal of PRC bonds would normally be subject to
10% tax however, currently the State Administration of Taxation (SAT) has not confirmed the collection process for CGT and therefore it is not currently
collected.

With the uncertainty over whether and how certain income and capital gains on PRC securities are to be taxed, coupled with the possibility of the laws,
regulations and practice in the PRC changing with retrospective effect, any accrual for taxation made by the Management Company may not meet final
PRC tax liabilities. Consequently, investors may be advantaged or disadvantaged depending upon the final outcome of such changes when they
subscribed and/or redeemed their Units in/from the Funds.

Further information about the Bond Connect is available online at the website: http://www.chinabondconnect.com/en/index.htm

Currency Risk
The investments of some Funds may be denominated in currencies other than their Base Currency. In this regard, there is a currency exchange risk
involved as a result of fluctuations in exchange rates between the Base Currency and such other currencies, which may affect the value of said Funds.
In addition, in certain countries, these Funds might also be exposed to risks associated with exchange control or currency instability, which could
impact the ability to freely repatriate funds invested.

RMB
Renminbi, the official currency of the PRC, is used to denote the Chinese currency traded in the Onshore Renminbi (CNY) and the Offshore Renminbi
(CNH) markets. CNY which is traded in the PRC is not freely convertible and is subject to exchange controls and certain requirements by the
government of the PRC. CNH which is traded outside the PRC is freely tradable. Whilst CNH is traded freely outside the PRC, the RMB spot, forward
foreign exchange contracts and related instruments reflect the structural complexities of this evolving market. Accordingly, Classes denominated in
RMB may be exposed to greater foreign exchange risks. Shareholders should be aware of the fact that the RMB is subject to a managed floating
exchange rate based on market supply and demand with reference to a basket of currencies.

OTC Markets
Some Funds will invest in securities that are actively traded in an OTC market. Trading on such markets may involve higher risks than trading on official
stock exchanges due to, in particular, lower market liquidity as well as lower investor protection in applicable regulations and available information. In
determining whether to approve markets for investment, the Investment Advisers will take into account, among other things, market liquidity, investor
information and government regulations, including tax and foreign exchange repatriation rules.

Derivative Instruments
Derivatives may expose a Fund to certain additional risks relative to traditional securities such as credit risks of the counterparty, imperfect correlation
between derivatives prices of related assets, rates or indices, potential loss of more money than the actual cost of the investment, potential for
leverage, increased volatility and reduced liquidity and risk of mispricing or improper valuation.

Unless otherwise indicated in the relevant Fund Information Sheet in Annex 2, derivative instruments will only be used for hedging and/or efficient
portfolio management purposes.

The Company, including any of its Funds, does not make use of any securities financing transactions and/or total return swaps as defined under
Regulation (EU) 2015/2365 of the European Parliament and of the Council of 25 November 2015 on transparency of securities financing transactions
and of reuse and amending Regulation (EU) No 648/2012. Should the Company, including any of its Funds, make use of any such securities financing
transactions and/or total return swaps, this Prospectus will be amended accordingly.

Management of Collateral

Where a Fund enters into OTC financial derivative transaction the counterparty risk of a Fund vis-a-vis a counterparty will be equal to the positive mark-
to-market value of all OTC derivative transactions with that counterparty, provided that:

(i) If there are legally enforceable netting arrangements in place, the risk exposure arising from OTC derivative transactions with the same
counterparty may be netted; and

(ii) If collateral posted in favour of the Fund and such collateral complies at all times with the criteria set out in “Eligible Collateral” below, the
counterparty risk of a Fund towards a counterparty under OTC derivative transactions is reduced by the amount of such collateral.

Eligible Collateral

Collateral obtained in respect of OTC financial derivative transactions (“Collateral”) will only be taken into account to reduce a counterparty’s risk
exposure if it complies at all times with criteria laid down in the ESMA Guidelines 2014/937 and CSSF Circular 14/592 and provided that the following
rules are complied with:

(i) Collateral received other than cash shall be highly liquid and traded on a regulated market or multilateral trading facility with transparent pricing in
order that it can be sold quickly at a price that is close to pre-sale valuation;

(ii) Collateral received shall be valued on at least a daily basis. Assets that exhibit high price volatility shall not be accepted as Collateral unless
suitably conservative haircuts are in place;

(iii) Collateral should be issued by an entity that is independent from the counterparty and is expected not to display a high correlation with the
performance of the counterparty;

14 | Prospectus Capital International Fund

(iv) Collateral should be sufficiently diversified in terms of country, markets and issuers; and

(v) Collateral should be capable of being fully enforced by the Fund at any time without reference to or approval from the counterparty.

Reinvestment of Collateral

Non-cash collateral cannot be sold, re-invested or pledged.

Cash received as Collateral may only be:

(i) Placed on deposit with entities prescribed in article 50(f) of the UCITS Directive;

(ii) Invested in high quality government bonds;

(iii) Used for reverse repo transactions under which the cash is recallable at any time; and

(iv) Invested in short term money market funds.

Re-invested cash collateral must be diversified in accordance with the diversification requirements applicable to non-cash collateral. A Fund may be subject
to a risk of loss in the case of a default of the relevant issuer or the relevant counterparty to transactions in which cash collateral has been reinvested.

Collateral Policy

The collateral policy that will be followed by each Fund to cover its exposure to an OTC financial derivative transaction is set out below.

The Management Company has established a list of authorised counterparties, eligible collateral, and haircut policies; and these may be revised or
amended by the Management Company at any time.

The counterparties to any OTC financial derivative transaction, entered into by a Fund, are selected from a list of authorised counterparties established
by the Management Company. The authorised counterparties are subject to prudential supervision and belong to categories approved by the CSSF.
The list of authorised counterparties may be amended with the consent of the Management Company.

Collateral is posted and received in order to mitigate the counterparty risk in OTC financial derivative transactions. Collateral is monitored and marked-
to-market daily. Regular reporting is provided to the Management Company, Administrative Manager, and Investment Advisor.

Collateral posted in favour of a Fund under a title transfer arrangement should be held by the Custodian or one of its correspondents or sub-custodians.
Collateral posted in favour of a Fund under a security interest arrangement (e.g. a pledge) can be held by a third party custodian which is subject to
prudential supervision, and which is unrelated to the provider of collateral.

Cash Collateral received by the Management Company is only used as described under Reinvestment of Collateral above.

As part of its OTC financial derivatives transaction risk mitigation and in accordance with its internal policy relating to the management of collateral, the
Management Company will determine:

(i) the required level of collateral; and

(ii) the level of valuation haircut applicable to non-cash assets received as collateral, taking into account the assets’ characteristics (such as the credit
standing of the issuers, the maturity, the currency and the price volatility of the assets).

A haircut is a discount applied to the value of a Collateral asset to account for the fact that its valuation, or liquidity profile, may deteriorate over time.
Subject to the framework agreements in place with the relevant counterparty, which may or may not include minimum transfer amounts and/or
threshold amounts of unsecured credit exposure that the parties are prepared to accept before asking for collateral, it is the intention of the
Management Company that any collateral received shall have a value, adjusted in light of the haircut policy, which equals or exceeds the relevant
counterparty exposure where appropriate.

Certain framework agreements or OTC financial derivatives transactions may require the posting of initial margin which is agreed between the parties
at the time of each trade. Where initial margin is required, the value of collateral posted will be in excess of the value of the relevant OTC financial
derivative transaction.

As of the date of this Prospectus, the Management Company typically accepts collateral types and applies the following haircuts in relation thereto:

Collateral Type Typical Haircut

Cash 0%
Government Bonds 0.5% to 10%*
Non-Government Bonds 10% to 20%*

* These may vary depending upon the maturity of the security

The Management Company reserves the right to depart from the above haircut levels where it would be appropriate to do so taking into account the
assets’ characteristics (such as the credit standing of the issuers, the maturity, the currency and the price volatility of the assets). Furthermore, the
Management Company reserves the right to accept collateral types other than those disclosed above.

Cash is denominated in major currencies and typically USD, GBP or EUR. Government Bonds consist of bonds issued or guaranteed by a member
state of the OECD or by their local authorities or supranational institutions and bodies of a community, regional or worldwide nature. Non-Government
Bonds are bonds issued by or guaranteed by high quality issuers offering adequate liquidity.

Credit Default Swap Indices

Some Funds may invest in credit default swap indices (“CDXs”), as specified in the relevant Fund Information Sheet in Annex 2, in order to assume
exposure to a diversified portfolio of credits or to hedge against existing credit risks. A CDX is based on a portfolio of credit default swaps with similar
characteristics, such as credit default swaps on high-yield bonds. In a typical CDX transaction, one party — the protection buyer — is obligated to pay

Capital International Fund Prospectus | 15

the other party — the protection seller — a stream of periodic payments over the term of the contract. If a credit event, such as a default or
restructuring, occurs with respect to any of the underlying reference obligations, the protection seller must pay the protection buyer the loss on those
credits. The Fund may enter into a CDX transaction as either protection buyer or protection seller.

If the Fund is a protection buyer, it would pay the counterparty a periodic stream of payments over the term of the contract and would not recover any
of those payments if no credit events were to occur with respect to any of the underlying reference obligations. However, if a credit event did occur, the
Fund, as a protection buyer, would have the right to deliver the referenced debt obligations or a specified amount of cash, depending on the terms of
the applicable agreement, and to receive the par value of such debt obligations from the counterparty protection seller. As a protection seller, the Fund
would receive fixed payments throughout the term of the contract if no credit events were to occur with respect to any of the underlying reference
obligations. If a credit event were to occur, however, the value of any deliverable obligation received by the Fund, coupled with the periodic payments
may be less than the full notional value that the Fund, as a protection seller, pays to the counterparty protection buyer, effectively resulting in a loss of
value to the Fund. Furthermore, as a protection seller, the Fund would effectively add leverage to its portfolio because it would have investment
exposure to the notional amount of the swap transaction. The use of CDX, like all other swap agreements, is subject to certain risks, including the risk
that the Fund’s counterparty will default on its obligations. If such a default were to occur, any contractual remedies that the Fund might have may be
subject to applicable bankruptcy laws, which could delay or limit the Fund’s recovery. Thus, if the Fund’s counterparty to a CDX transaction defaults on
its obligation to make payments thereunder, the Fund may lose such payments altogether or collect only a portion thereof, which collection could
involve substantial costs or delays. Certain CDX transactions are subject to mandatory central clearing or may be eligible for voluntary central clearing.
Because clearing interposes a central clearinghouse as the ultimate counterparty to each participant’s swap, central clearing is intended to decrease
(but not eliminate) counterparty risk relative to uncleared bilateral swaps. Additionally, when the Fund invests in a CDX as a protection seller, the Fund
will be indirectly exposed to the creditworthiness of issuers of the underlying reference obligations in the index. If the Investment Adviser to the Fund
does not correctly evaluate the creditworthiness of issuers of the underlying instruments on which the CDX is based, the investment could result in
losses to the Fund.

In connection with CDX transactions in which the Fund acts as protection buyer, the Fund will segregate liquid assets, or enter into offsetting positions,
with a value at least equal to the Fund’s exposure (i.e., any accrued but unpaid net amounts owed by the Fund to any counterparty), on a marked-to-
market basis, less the value of any posted margin. When the Fund acts as protection seller, the Fund will segregate liquid assets, or enter into
offsetting positions, with a value at least equal to the full notional amount of the swap, less the value of any posted margin. Such segregation is
intended to ensure that the Fund has assets available to satisfy its obligations with respect to CDX transactions and to limit any potential leveraging of
the Fund’s portfolio. However, segregation of liquid assets will not limit the Fund’s exposure to loss. To maintain this required margin, the Fund may
also have to sell portfolio securities at disadvantageous prices, and the earmarking of liquid assets will have the effect of limiting the Fund’s ability to
otherwise invest those assets in other securities or instruments.

Interest Rate Swaps

Some Funds may enter into interest rate swaps, as specified in the relevant Fund Information Sheet in Annex 2, to seek to manage the interest rate
sensitivity of the Fund by increasing or decreasing the duration of the Fund or a portion of the Fund’s portfolio. An interest rate swap is an agreement
between two parties to exchange or swap payments based on changes in an interest rate or rates. Typically, one interest rate is fixed and the other is
based on a designated short-term interest rate such as the London Interbank Offered Rate (LIBOR), prime rate or other benchmark. Interest rate swaps
generally do not involve the delivery of securities or other principal amounts. Rather, cash payments are exchanged by the parties based on the
application of the designated interest rates to a notional amount, which is the predetermined dollar principal of the trade upon which payment
obligations are computed. Accordingly, the Fund’s current obligation or right under the swap agreement is generally equal to the net amount to be paid
or received under the swap agreement based on the relative value of the position held by each party.

The use of interest rate swaps involves certain risks, including losses if interest rate changes are not correctly anticipated by the Fund’s Investment
Adviser. To the extent the Fund enters into bilaterally negotiated swap transactions, the Fund will enter into swap agreements only with counterparties
that meet certain credit standards; however, if the counterparty’s creditworthiness deteriorates rapidly and the counterparty defaults on its obligations
under the swap agreement or declares bankruptcy, the Fund may lose any amount it expected to receive from the counterparty. Certain interest rate
swap transactions are currently subject to mandatory central clearing or may be eligible for voluntary central clearing. Because clearing interposes a
central clearinghouse as the ultimate counterparty to each participant’s swap, central clearing is intended to decrease (but not eliminate) counterparty
risk relative to uncleared bilateral swaps. Additionally, the term of an interest rate swap can be days, months or years and, as a result, certain swaps
may be less liquid than others.

Futures
Some Funds may invest in Futures, as specified in the relevant Fund Information Sheet in Annex 2 to seek to manage the Fund’s sensitivity to interest
rates. A futures contract is a standardized exchange-traded agreement to buy or sell a specific quantity of an underlying asset, rate or index at an
agreed-upon price at a stipulated future date. In addition to the risks generally associated with investing in derivative instruments, futures contracts are
subject to the creditworthiness of the clearing organisations, exchanges and futures commission merchants with which the Fund transacts. Additionally,
although futures require only a small initial investment in the form of a deposit of initial margin, the amount of a potential loss on a futures contract could
greatly exceed the initial amount invested. While futures contracts are generally liquid instruments, under certain market conditions futures may be
deemed to be illiquid. For example, the Fund may be temporarily prohibited from closing out its position in a futures contract if intraday price change
limits or limits on trading volume imposed by the applicable futures exchange are triggered. If the Fund is unable to close out a position on a futures
contract, the fund would remain subject to the risk of adverse price movements until the fund is able to close out the futures position. The ability of the
Fund to successfully utilize futures contracts may depend in part upon the ability of the Fund’s Investment Adviser to accurately forecast interest rates
and other economic factors and to assess and predict the impact of such economic factors on the futures in which the Fund invests. If the Investment
Adviser incorrectly forecasts economic developments or incorrectly predicts the impact of such developments on the futures in which it invests, the
Fund could be exposed to the risk of loss.

Contingent Convertible Bonds

Some Funds may invest in contingent convertible bonds, as specified in the relevant Fund Information Sheet in Annex 2. Under the terms of a
contingent convertible bond, certain triggering events, including events under the control of the management of the contingent convertible bond’s
issuer, could cause the permanent write-down to zero of principal investment and/or accrued interest, or a conversion to equity. Investment in
contingent convertible bonds may entail the following risks (non-exhaustive list):

Capital structure inversion risk: contrary to classical capital hierarchy, contingent convertible bonds’ investors may suffer a loss of capital when
equity holders do not.

Trigger level risk: trigger levels differ and determine exposure to conversion risk depending on the distance of the capital ratio to the trigger level. It
might be difficult for the Investment Advisers of the relevant Fund to anticipate the triggering events that would require the debt to convert into equity.

16 | Prospectus Capital International Fund

Conversion risk: it might be difficult for the Investment Advisers of the relevant Fund to assess how the securities will behave upon conversion. In
case of conversion into equity, the Investment Advisers might be forced to sell these new equity shares because the investment objective of the
relevant Fund does not allow equity in its portfolio. This forced sale may itself lead to liquidity issue for these shares.

Coupon cancellation: for some contingent convertible bonds, coupon payments are entirely discretionary and may be cancelled by the issuer at any
point, for any reason and for any length of time.

Call extension risk: some contingent convertible bonds are issued as perpetual instruments, callable at pre-determined levels only with the approval
of the competent authority.

Industry concentration risk: investment in contingent convertible bonds may lead to an increased industry concentration risk as such securities are
currently issued by banking institutions.

Yield/valuation risk: contingent convertible bonds often offer an attractive yield which may be viewed as reflecting the greater risk and complexity of
these instruments.

Liquidity risk: in certain circumstances finding a ready buyer for contingent convertible bonds may be difficult and the Fund may have to accept a
significant discount to the expected value of the bond in order to sell it.

Unknown risk: the structure of contingent convertible bonds is innovative yet untested.

Equity Linked Notes

Some Funds will invest in equity linked notes. The price of an equity linked note is derived from the value of the underlying linked securities. The level
and type of risk involved in the purchase of an equity linked note by such Funds is potentially higher than the risk involved in the purchase of the
underlying security. Equity linked notes are also dependent on the individual credit of the issuer of the note, which will generally be a trust or other
special purpose vehicle or finance subsidiary established by a major financial institution for the limited purpose of issuing the note. Like other structured
products, equity linked notes are frequently secured by collateral consisting of a combination of debt or related equity securities to which payments
under the notes are linked. If so secured, the Funds would look to this underlying collateral for satisfaction of claims in the event that the issuer of an
equity linked note defaulted under the terms of the note.

Equity linked notes are often privately placed and may not be rated, in which case the Funds will be more dependent on the ability to evaluate the
creditworthiness of the issuer, the underlying security, any collateral features of the note, and the potential for loss due to market and other factors.
Ratings of issuers of equity linked notes refer only to the creditworthiness of the issuer and strength of related collateral arrangements or other credit
supports, and do not take into account, or attempt to rate, any potential risks of the underlying equity securities. Depending on the law of the jurisdiction
in which an issuer is organized and the note is issued, in the event of default, the Funds may incur additional expenses in seeking recovery under an
equity linked note, and may have less legal recourse in attempting to do so.

As with any investment, the Funds can lose the entire amount it has invested in an equity linked note. The secondary market for equity linked notes
may be limited. The lack of a liquid secondary market may have an adverse effect on the ability of the Funds to accurately value the equity linked notes
in their portfolios, and may make disposal of such securities more difficult for such Funds.

Depository Receipts
Some Funds will invest in depository receipts such as ADRs and GDRs. Depository Receipts are securities that represent shares trading outside the
market in which the depository receipts are traded. Accordingly, while the depository receipts may be traded on recognised exchanges or regulated
markets, the underlying shares may be subject to further risks such as political, inflationary, exchange rate or custody risk.

Mortgage- and Asset-Backed Securities

Some Funds may invest in mortgage- and asset-backed securities. Mortgage-related securities, such as mortgage-backed securities (“MBS”), and
other asset-backed securities (“ABS”), include debt obligations that represent interests in pools of mortgages or other income-bearing assets, such as
consumer loans or receivables. Such securities often involve risks that are different from or more acute than the risks associated with investing in other
types of debt securities. Mortgage-backed and other asset-backed securities are subject to changes in the payment patterns of borrowers of the
underlying debt which can result in prepayment and extension risks. Prepayment risk exists when interest rates fall and borrowers are more likely to
refinance or prepay their debt before its stated maturity. This may result in the Fund having to reinvest the proceeds in lower yielding securities,
effectively reducing the Fund’s income. Conversely, extension risk exists when interest rates rise and borrowers repay their debt more slowly than
expected, the time in which the mortgage-backed and other asset-backed securities are paid off could be extended, reducing the Fund’s cash available
for reinvestment in higher yielding securities.

In addition, MBS issued by private entities are structured similarly to those issued by government agencies. However, these securities and the
underlying mortgages are not guaranteed by any government agencies and the underlying mortgages are not subject to the same underwriting
requirements. These securities generally are structured with one or more types of credit enhancements such as insurance or letters of credit issued by
private companies. Borrowers on the underlying mortgages are usually permitted to prepay their underlying mortgages. Prepayments can alter the
effective maturity of the MBS. Delinquencies, losses or defaults by borrowers can adversely affect the prices and volatility of these securities. Such
delinquencies and losses can be exacerbated by real estate risks like declining or flattening housing and property values. This, along with other outside
pressures, such as bankruptcies and financial difficulties experienced by mortgage loan originators, decreased investor demand for mortgage loans
and mortgage-related securities and increased investor demand for yield, can adversely affect the value and liquidity of MBS. These securities may be
less liquid and/or more difficult to value than other securities.

With regard to ABS, these securities are backed by other assets such as credit card, automobile or consumer loan receivables, retail installment loans
or participations in pools of leases. Credit support for these securities may be based on the underlying assets and/or provided through credit
enhancements by a third party. The values of these securities are sensitive to changes in the credit quality of the underlying collateral, the credit
strength of the credit enhancement, changes in interest rates and at times the financial condition of the issuer. These securities may be less liquid
and/or more difficult to value than other securities.

Specific types of ABS in which the Fund may invest are, in particular but not limited to,

Collateralised Debt Obligations (“CDO”)

A CDO is a securitisation that pools together cash flow-generating assets including bonds, mortgages, loans and other assets. CDOs are packaged in
different classes representing different types of debt and credit risk. Each class has a different maturity and risk associated with it. Senior noteholders

Capital International Fund Prospectus | 17

have structural protections in the form of subordination in addition to other features such as overcollateralisation, interest coverage tests and turbo
amortisation triggers.

Collateralised Loan Obligations (“CLO”)

A CLO is a securitisation backed by senior secured leveraged loans and in limited instances, high-yield bonds and second-lien loan collateral. CLOs
are different from many other securitisations in that they are actively managed funds in which a portfolio manager actively trades the underlying assets,
within prescribed constraints. CLO notes benefit from various structural protections including credit enhancement and minimum overcollateralization
and interest coverage tests.

Specific types of MBS in which the Fund may invest are, in particular but not limited to,

Commercial Mortgage Backed Securities (“CMBS”)

CMBS are a type of mortgage-backed security secured by mortgages on commercial properties. The underlying loans that get securitised into CMBS
include loans for properties such as office buildings, shopping malls, hotels, apartment complexes and industrial warehouses. CMBS notes benefit
from both structural credit and prepayment protections including credit enhancement and defeasance/lockout provisions. Loan modifications or
defaults of underlying mortgage loans may result in unscheduled prepayment risk to the most senior bonds in structure or potential interest
shortfalls. Recoveries of defaulted loans will determine realized collateral losses that impact the most junior securities in the structure first.

Collateralised Mortgage Obligations (“CMO”)

CMOs are backed by a pool of mortgages or mortgage loans, which are divided into two or more separate bond issues. CMOs issued by U.S.
government agencies are backed by agency mortgages, while privately issued CMOs may be backed by either government agency mortgages or
private mortgages. Payments of principal and interest are passed through to each bond issue at varying schedules resulting in bonds with different
coupons, effective maturities and sensitivities to interest rates. Some CMOs may be structured in a way that when interest rates change, the impact of
changing prepayment rates on the effective maturities of certain issues of these securities is magnified.

Residential Mortgage Backed Securities (“RMBS”)

RMBS are a type of security whose cash flows come from residential debt such as mortgages, home-equity loans and subprime mortgages. In many
cases the underlying loans may be guaranteed by one of the government or government-sponsored agencies (such as Fannie Mae, Freddie Mac or
Ginnie Mae). Holders of RMBS receive interest and principal payments that come from the holders of the residential debt.

To Be Announced Securities (“TBA”) Contracts

TBA contracts are forward contracts on agency mortgage pass-through securities issued by agencies such as Fannie Mae, Freddie Mac and Ginnie
Mae. The particular securities (i.e., specified mortgage pools) to be delivered or received are not identified at the trade date, but are “to be announced”
on the notification date which is two days before the settlement date. However, securities to be delivered must meet specified criteria, including face
value, coupon rate and maturity, and be within industry-accepted “good delivery” standards. TBAs settle once each month based on a calendar
published by the Securities Industry and Financial Markets Association.

European Monetary Union (EMU)

Some Funds will invest in countries that are members of the EMU. While some of these countries will retain relatively high credit ratings, there is a risk
that one or several countries exit the Eurozone or a country within the Eurozone may default, leading to the break-up of the Eurozone. Such crisis may
have significant negative impact on said Funds (such as default or downgrading of the security issued by a sovereign issuer and higher volatility,
liquidity and foreign exchange risk associated with investments in European securities).

The performance of said Fund could deteriorate should there be any adverse credit events in the European region (e.g. downgrade of the sovereign
credit rating of a European country or a default or bankruptcy of a European country and/or a sovereign issuer).

Liquidity risk
Some Fund holdings may be deemed to be less liquid because they cannot be readily sold without significantly impacting the value of the holdings.
Liquidity risk may result from the lack of an active market for a holding, legal or contractual restrictions on resale, or the reduced number and capacity
of market participants to make a market in such holding. Market prices for less liquid holdings may be volatile, and reduced liquidity may have an
adverse impact on the market price of such holdings. Additionally, the sale of less liquid holdings may involve substantial delays (including delays in
settlement) and additional costs and the Fund may have more difficulty to sell such holdings when necessary to meet its liquidity needs.

Dividend Policy
Class A4, Class A7, Class A9, Class A11, Class A13, Class A15, Class B, Class C, Class N, Class P, Class T, Class Z and
Class ZL and corresponding Hedged Equivalent Classes
It is not at present intended that dividends be distributed to Shareholders of Class A4, Class A7, Class A9, Class A11, Class A13,
Class A15, Class B, Class C, Class N, Class P, Class T, Class Z, Class ZL and corresponding Hedged Equivalent Classes in any Fund.

Dividend-distributing Equivalent Classes and Dividend-distributing Hedged Equivalent Classes

• Principle and amount: The Board of Directors of the Company intends to recommend that dividends be distributed to Shareholders of all
Dividend-distributing Equivalent Classes and Dividend-distributing Hedged Equivalent Classes.

Dividend-distributing Equivalent Classes and Dividend-distributing Hedged Equivalent Classes marked with a “d”. The dividend will
generally represent all of the net investment income (i.e., investment income net of withholding taxes less expenses) of such Classes. A given
Class may not actually pay a dividend in any given accounting period if it has no or no significant net investment income.

Dividend-distributing Equivalent Classes and Dividend-distributing Hedged Equivalent Classes marked with a “gd”. The dividend will
generally represent a substantial part of the gross investment income (i.e., investment income net of withholding taxes but gross of expenses) of
such Classes. A given Class may not actually pay a dividend in any given accounting period if it has no or no significant gross investment income.

18 | Prospectus Capital International Fund

 The payment of dividends out of gross investment income implies that all or part of the fees and expenses are charged to capital (i.e. accumulated
capital gains or initial investment).

Dividend-distributing Equivalent Classes and Dividend-distributing Hedged Equivalent Classes marked with an “ad”. The dividend will
generally represent all of the net investment income (i.e., investment income net of withholding taxes less expenses) plus all realized foreign
exchange gain and/or loss of such Classes. A given Class may not actually pay a dividend in any given accounting period if it has no or no
significant net income.

Dividend-distributing Equivalent Classes and Dividend-distributing Hedged Equivalent Classes marked with a “fd”. The dividend will
generally represent a substantial part of the gross investment income (i.e. investment income net of withholding taxes but gross of expenses) of
such Classes. The Board of Directors of the Company intends to recommend that dividends be distributed every month to Shareholders of such
Classes. The amount paid out as dividends may exceed that of the net investment income and may include capital gains, as well as partially be
paid out of capital.

• Payment: Shareholders can elect in writing to have their dividends either reinvested in Shares or paid to them. In the absence of instruction from
a Shareholder, the Administrative Manager will automatically reinvest any dividends in Shares promptly upon payment of the dividend. If the
Shareholder elects to have dividends paid, the relevant amount will be paid at no charge by bank transfer in the relevant Payment Currency to the
bank account designated for this purpose (with all necessary details as specified in the Account Opening Form) by the Shareholder. Upon
dividends paid to a Shareholder having been returned to the Company for the second consecutive year, the Administrative Manager will reinvest
in Shares the amounts so returned, as well as the amount of any subsequent dividend paid to the same Shareholder until otherwise instructed.

Expenses
Annual Charges and Expenses Borne by the Company

• Management Fee: The Company pays the Management Fee at the annual rate, for each Class of each Fund, as specified in the relevant Fund
Information Sheet in Annex 2.

This fee is used to compensate the Management Company which can in turn use it to compensate the Investment Advisers for their investment
advisory services and the Distributors and other Intermediaries, as applicable, for services to investors or similar services in relation to investments
made with their assistance.

Several Classes with different Management Fee rates are available. A number of factors determine the eligibility of Shareholders, Distributors and
other Intermediaries for particular Classes and the level of payments that the Management Company can make. These factors include the assets
held by the Shareholder, the Distributor or other Intermediary or by investors who are its clients, as well as the overall relationship with the Capital
Group. It is the responsibility of Distributors and other Intermediaries to select the most suitable Class(es) for their clients, considering the markets in
which they promote the Shares and the type of services they provide to their clients.

Individuals investing with the assistance of Distributors or other Intermediaries are encouraged to review the Class(es) in which they may invest,
considering the nature and objective of their investments, since the level of Management Fee may have a material impact on the return of their
investments.

The Investment Advisers, the Distributors and other Intermediaries may retrocede part or all of the received fee. The Management Fee is calculated
and accrued, on the basis of the net assets of the relevant Class of the relevant Fund, and payable monthly in arrears.

In order to avoid double-charging the Company, when the Company or the Investment Advisers invest in other UCITS or UCIs directly or indirectly
managed by the Investment Advisers or managed by an entity to which the Investment Advisers are related by virtue of (i) common management,
(ii) common control, or (iii) a direct or indirect interest of more than 10 percent of share capital or voting rights, no investment management or
advisory fee will be perceived. In addition, the Company will not be charged any subscription or redemption fees by these UCITS or UCIs. For the
avoidance of doubt, when the Company or the Investment Advisers invest in other UCITS or UCIs which are not directly or indirectly managed by the
Investment Advisers or by an entity to which the Investment Advisers are related as described above, investment management or advisory fee will be
paid to these other UCITS or UCIs. Subscription or redemption fees to the units of these UCITS or other UCIs might apply. These fees will be
included into the costs of buying and selling units of such UCITS or other UCIs, distinct from the Management Fee as described under “Other
expenses” below.

• Other expenses: In addition to the above Management Fee, the Company may also have to pay other expenses related to ancillary services
which are charged separately as described below.

The Company pays fees and expenses to the providers of the following services in accordance with normal practice in Luxembourg: custody,
paying agency, domiciliary agency, corporate agency, registrar and transfer agency; details of the Custodian’s and the Administrative Manager’s
fees are specified for each Fund in the relevant Fund Information Sheet in Annex 2.

The Company also bears its other operational and administration costs, including, but not limited to, the costs of buying and selling portfolio
securities; the costs of legal publications, prospectuses, financial reports and other documents made available to Shareholders; governmental
charges; legal, auditing and quality controlling fees; registration, publication, translation, local advice, coordination, representation and other
similar costs relating to the registration of Shares in foreign jurisdictions; interest; reporting expenses (including in particular tax filings in various
jurisdictions); communication costs; compensation of directors (unless they have declined such compensation, which all those employed by an
Affiliate have done) and their reasonable out-of-pocket expenses; reasonable investor servicing expenses; the cost of registering the Funds on
dealing or clearing platforms, exchanges or markets; and generally any other expenses arising from its administration and operations. Significant
expenses are accrued in the Net Asset Value, and are charged first against income. The amount of these fees and expenses will be allocated on a
fair basis to each Fund or each Class, except if otherwise specified in this Prospectus and for certain fees and/or expenses which are specific to a
given Fund or Class.

The Management Company or Affiliates may also provide the Company with other services to support its business development, including, but not
limited to, product development, fund registration and any other similar support as may be required, for which they receive a reasonable
compensation.

Charges relating to the creation of any new Fund or Class may be written off against the assets of the relevant Fund or Class over a period not
exceeding five years and in such amounts in each year as determined on a fair basis.

Capital International Fund Prospectus | 19

 The Management Company (or any Affiliate) may, at its discretion, decide to bear part of the expenses of some Classes of some Funds so that
the total expense ratio of the relevant Class(es) does not exceed certain thresholds. The corresponding amounts, if any, will be accrued daily
within the relevant Classes, and disclosed in the Company’s annual and semi-annual reports. Such policy, if any, may be changed or withdrawn at
any time at the Management Company’s or the Affiliate’s sole discretion.

For certain Classes, the above expenses will be charged separately to investors having entered into a separate agreement with the Management
Company.

Sales Charge Borne by the Investor

A sales charge of up to 5.25% may be withheld by Distributors and other Intermediaries from any amount to be invested in all Classes with the exception of
Class A4, Class A7, Class A9, Class A11, Class A13, Class A15, Class C and Class N. The Management Company can also withhold a sales charge of up
to 5.25% from any amount to be invested in in all Classes with the exception of Class A4, Class A7, Class A9, Class A11, Class A13, Class A15, Class C,
Class N and Class T.

A switch from one Fund to another is deemed a sale for this purpose.

Net Asset Value

Frequency and Timing
The Net Asset Value of each Class of each Fund is calculated as of each Valuation Date, after the Cut-Off Time. In addition, a net asset value, for
performance and fee calculation purposes only, is calculated on each Business Day which is not a Valuation Date, that falls on month-ends; no dealing
activity can be based on such net asset value per Share.

The Net Asset Value is available at the registered office of the Company on the Business Day following the relevant Valuation Date and is also usually
available online at capitalgroup.com/international.

Calculation Principles
The Net Asset Value will be provided in the Base Currency, as specified in the relevant Fund Information Sheet in Annex 2, and in each other Payment
Currency.

The Net Asset Value of each Class of each Fund is calculated by dividing the value of the portion of the assets of the Company properly attributable to
the relevant Class, less the value of the portion of the liabilities of the Company properly attributable to such Class, by the total number of Shares of
such Class issued and outstanding as of the relevant Valuation Date.

The Net Asset Value will be rounded to two decimal places, except in JPY where it will be rounded to the unit.

In determining the Net Asset Value, the following principles are applied:

(i) Except as otherwise provided in (vi) below, securities which are listed on an official stock exchange or traded on any other Regulated Market are
valued at the last traded or otherwise available price at the time the Net Asset Value is calculated on the principal market on which they are traded,
as published by such market or furnished by a pricing service approved by the Board of Directors; and other securities are valued at prices
furnished by, or yield equivalents obtained from, one or more dealers or such pricing service.

(ii) Securities issued by UCITS or UCIs will be valued at their last available net asset value on the relevant Valuation Date; they may be valued in
accordance with item (i) above where such securities are listed.

(iii) Money market instruments will be valued at nominal value plus any accrued interest or using an amortised cost method, provided that this method
of valuation ensures that such assets will be valued at their fair value as determined in good faith pursuant to the procedure established by the
Board of Directors of the Company.

(iv) Swaps will be valued at the net present value of their cash flows.

(v) The liquidating value of OTC Derivatives shall be determined based on information provided by pricing services approved by the Board of Directors
of the Company.

(vi) If a price representative of a security’s fair value is not readily available from the pricing sources described under (i) through (v) above, or if the
accuracy of a Portfolio’s valuation, as established pursuant to (i) above, is materially affected by events that occur prior to the Net Asset Value
being calculated, the relevant security or securities will be valued at the fair value, as determined by or under the direction of the Board of Directors
of the Company. Use of such fair valuation procedures is intended to result in more representative Net Asset Values and to eliminate or
substantially reduce potential arbitrage opportunities at the expense of Shareholders that might otherwise be available to short-term investors.

All Net Asset Value calculations will first be made in the relevant Fund’s Base Currency. For this purpose, assets or liabilities expressed in currencies
other than the Base Currency will be translated into the Base Currency at the prevailing market rate on the Valuation Date. The result of such
calculations will be translated into each other Payment Currency at the prevailing market rate on the Valuation Date.

The process of calculation of the Net Asset Value of each Class of each Fund ensures that any transaction in Shares is effected at a Net Asset Value
that cannot be known to the investor or Shareholder at the Cut-Off Time.

Swing pricing adjustment

A Fund may suffer dilution of the Net Asset Value as a result of large subscriptions, redemptions or switches.

Such dilution would arise from Shareholders buying or selling Shares at a Net Asset Value which would not accurately reflect the dealing and other
costs incurred when securities are traded to accommodate cash inflows or outflows. In order to counter such dilution impact, the Company adopts a
swing pricing mechanism as part of its valuation policy.

20 | Prospectus Capital International Fund

If on any Valuation Date, the net aggregate amount of subscriptions or redemptions in Shares of a Fund exceeds a pre-determined threshold
expressed as a percentage of the Net Asset Value of that Fund, the Net Asset Value may be adjusted upwards or downwards to reflect the costs
attributable to the underlying trade in securities undertaken by the Investment advisers to accommodate inflows or outflows as the case may be.

The Net Asset Value will be first calculated separately as per the “Calculation Principles” as described above. Any swing pricing adjustment to such Net
Asset Value will be applied systematically and consistently based on predefined factors.

The price adjustment may vary from Fund to Fund and will normally not exceed 2% of the original Net Asset Value. The Company may decide to (i)
suspend the application of any swing pricing adjustment to the Net Asset Value of any particular Fund or (ii) increase this price adjustment limit, in
exceptional circumstances to protect the interests of Shareholders. Such price adjustment is available on the Management Company’s webpage at
capitalgroup.com/international concomitantly with the publication of the relevant Net Asset Value.

The Company, relying on the Management Company and its Conducting Officers’ ongoing review, will reassess on a periodic basis the price
adjustment factors to reflect an approximation of current dealing and other costs.

Suspension of Determination of Net Asset Value and of Issue, Switch and Redemption of
Shares
The Company may suspend the determination of the Net Asset Value of any or all Fund(s) or Class(es) and suspend the issue, switch and redemption
of Shares of such Fund(s) or Class(es) when:

(a) any market(s) or stock exchange(s) on which a material part of the investments of the relevant Fund(s) are quoted, is/are closed, other than for
official holidays, or when dealings are substantially restricted or suspended;

(b) the disposal of the assets of the relevant Fund(s) or the determination of their value is not possible due to a local, regional or global crisis, a
communications breakdown or similar circumstances;

(c) the reliable determination of the value of the assets of the relevant Fund(s) is not possible, despite the use of fair valuation procedures as
described under “Net Asset Value” above, due to exceptionally high levels of market volatility or similar circumstances;

(d) as a result of exchange or other restrictions or difficulties affecting the transfer or remittance of funds, transactions are rendered impossible or
impracticable, or when purchases and sales of assets cannot be effected at the normal rate of exchange;

(e) a failure to do so might result in the relevant Fund(s) or Class(es) or the Company or Shareholders suffering any financial disadvantage which
might not otherwise have been suffered;

(f) in the case of the liquidation or merger of the Company, Fund(s) or Class(es);

(g) following a decision to merge a Class, a Fund or the Company, if justified with a view to protecting the interest of Shareholders; or

(h) in case a Fund is a Feeder (as defined under Annex 1 below) of another UCITS (or a sub-fund thereof), if the net asset value calculation of the
Master (as defined under Annex 1 below) UCITS (or the sub-fund thereof) is suspended.

The suspension of any Fund or Class will have no effect on the calculation of the Net Asset Value, and the issue, switch and redemption of the Shares,
of any other Fund or Class.

Investors who have applied for subscription and Shareholders who have requested switch or redemption of their Shares in the relevant Fund(s) or
Class(es) will be promptly notified of any suspension and of the termination of the suspension. Subscription, redemption and switch requests may be
withdrawn until termination of the suspension has been notified. In case of subscription, the subscription amount will be returned, without interest, as
soon as practicable following the date of withdrawal, at the applicant’s expense and risk.

Account Opening
Account Opening Procedure
Investors must open an account with the Company prior to first investing. Account Opening Forms must be used for this purpose, and are available
from the Company, the Management Company, the Administrative Manager or Distributors upon request. An Account Opening Form is valid only when
accompanied by a complete set of appropriate investor identification documents, the list of which will be provided to any investor by the Administrative
Manager upon request, in the form and content prescribed by Luxembourg laws and regulations, including anti-money laundering laws. However, the
Management Company may, at its discretion, choose to open a shareholder account with the Company based on an Account Opening Form that is not
accompanied by all required documentation, it being understood that proceeding this way should remain exceptional and justified as protecting the
Fund’s activities while in compliance with applicable Luxembourg laws. In such case, any missing documents must be received as soon as possible
after the account opening and requests for transfers of Shares will not be acted upon, and subsequent requests for subscriptions, redemptions and
switches will be acted upon but redemption proceeds will not be made available to the redeeming Shareholder, until the missing documentation has
been provided.

Unless investors specify otherwise, (i) the Management Company or the Administrative Manager will accept and act upon faxed instructions (including
for any transactions such as subscriptions, transfers, switches and redemptions) which it believes to have been given in good faith, and (ii) in the case
of joint account holders, any of the joint shareholders can act individually on the account, except for amending bank account details or for transferring
Shares, where the signature of all joint holders will be required.

Distributors and other Intermediaries may apply different account opening procedures to accounts opened with their assistance, as detailed under
“Distributors and other Intermediaries”. (For the avoidance of doubt, it is confirmed that, in all cases, the Administrative Manager retains ultimate
responsibility for investor identification procedures.)

Capital International Fund Prospectus | 21

Personal Data
Personal Data provided or collected in connection with an investment in the Company will be processed by the Company and/or the Management
Company, as joint data controllers (i.e. the "Controllers") and by the Investment Advisors, the Administrative Manager, the auditor, legal and financial
advisers and other potential service providers of the Controllers and, any of the foregoing respective agents, delegates, affiliates, subcontractors and/or
their successors and assigns, acting as processor on behalf of the Controllers (i.e. the "Processors"). In certain circumstances, the Processors may
also process personal data of investors as controller, in particular for compliance with their legal obligations in accordance with laws and regulations
applicable to them (such as anti-money laundering identification) and/or order of any competent jurisdiction, court, governmental, supervisory or
regulatory bodies, including tax authorities.

By investing in the Company, the investors understand that the Controllers as well as, where relevant, its service providers such as Administrative
Manager, including Transfer Agent, representatives or agents collect, retain, maintain, process and disclose confidential information and personal data
in accordance with applicable laws and/or other regulations, including, but not limited, the Regulation (EU) 2016/679 of 27 April 2016 on the protection
of natural persons with regard to the processing of personal data and on the free movement of such data (the “General Data Protection Regulation”, as
well as any law or regulation relating to the protection of personal data applicable to them (together the "Data Protection Law")). The investors
understand that the confidential information and personal data they are supplying will enable the Controllers as well as, where relevant, its service
providers, such as Administrative Manager, including Transfer Agent, representatives or agents to administer the account of the investors and provide
appropriate services to the investors. By investing in the Company, the investors (i) are being made aware of the transfer and disclosure of their
information and personal data by the Controllers and/or the Administrative Manager, including Transfer Agent, to any affiliates or any entities within the
J.P. Morgan Chase Bank N.A. group of companies, as well as to third party service providers, representatives, agents as well as the Capital Group
Luxembourg funds and delegates located in Luxembourg or abroad and contracted from time to time by the Controllers and/or the Administrative
Manager, including Transfer Agent, to administer the account of the investors and to provide appropriate services to the investors, and (ii) understand
and consent to renounce to benefit from the Luxembourg professional secrecy law and (iii) are being made aware that their information and personal
data may be collected, held, processed and transferred in computing systems and gateways operated by the Controllers as well as, where relevant, its
service providers, such as Administrative Manager, including Transfer Agent, representatives and agents and the Capital Group Luxembourg funds as
well as transferred to a country that does not have equivalent data protection laws to those of the European Economic Area, where the same level of
confidentiality and protection in relation to data protection and professional secrecy as currently in force in Luxembourg, may not be guaranteed.

In particular, the investors are informed that the Controllers as well as, where relevant, its service providers, such as Administrative Manager, including
Transfer Agent, representatives and agents and the Capital Group Luxembourg funds may be required by applicable laws and/or other regulations to
provide information about their account and/or their confidential information and personal data to public authorities (including supervisory, regulatory or
governmental authorities) or courts in various jurisdictions, in particular those jurisdictions where (a) the Capital Group Luxembourg funds is or is being
registered for public or limited offering of its shares, licensed or otherwise authorised to invest, (b) Shareholders are resident, domiciled or citizens or
(c) service providers are located, hold or process their information and personal data.

The investors have the right to access, delete, to object and/ or request a restriction of processing or request a copy of the personal data held in
relation to them, and to request that it be amended, updated or deleted as appropriate if incorrect. Any such request, including change of the investors’
personal data, should be notified in writing to Capital Group Investor Services at, PO Box 167, 6C, route de Trèves, L–2633 Senningerberg,
Luxembourg. The investors further acknowledge that Capital Group Investor Services (as well as, where relevant, service providers, representatives or
agents) may record all incoming and outgoing telephone calls.

Further information in relation to the above is available in our Privacy Policy which can be accessed on www.capitalgroup.com/eu/privacy. The Privacy
Policy explains the collection, use, sharing and otherwise processing of personal data in connection with investment in the Company or with investment
and shareholder services, in accordance with applicable laws and regulations.

Issue of Shares
Shares are offered on each Valuation Date. Depending on Classes, the issuance of Shares is subject to certain conditions as detailed in “The Funds
and their Structure”.

Offering Price
The Offering Price on each Valuation Date is the corresponding Net Asset Value, potentially adjusted upwards or downwards as the case may be as
described under “Swing pricing adjustment”. Any applicable sales charge as described under “Expenses” may be added to such amount.

Standard Subscription Procedures

Unless otherwise provided in the subsequent sections:

• Payment of subscription amounts must be made in any available Payment Currency of an active Class and Equivalent Class which can be found
online on the Management Company’s webpage at capitalgroup.com/international. Shares will be issued in that same Payment Currency, unless
specifically instructed otherwise by the investor, who may in this case incur currency exchange costs. Subscription amounts received in any
convertible currency other than an available Payment Currency will generally be converted by the Administrative Manager before being invested in
Shares, on behalf of the investor and at his expense and risk, into the relevant Fund Base Currency as specified in the relevant Fund Information
Sheet in Annex 2. The subscription will then take place in the relevant Fund Base Currency as specified in the relevant Fund Information Sheet in
Annex 2; contractual settlement (as described below) will not be available in such cases.

• Shares will be issued only after (i) the investor has opened an account with the Company (see “Account Opening” above), (ii) a completed and
valid Transaction Request Form (available from the Company, the Management Company, the Administrative Manager or Distributors upon
request) has been received not later than the Cut-Off Time on a Valuation Date (subject to the subsequent paragraph regarding subscriptions with
a value greater than the amount specified in the relevant Fund Information Sheet in Annex 2), (iii) the full amount of cleared funds in an available
Payment Currency of an active Class and Equivalent Class which can be found online on the Management Company’s webpage at
capitalgroup.com/international has been verified in the collection account by the Custodian through its standardised cash verification system, and
(iv) the subscription has been accepted by the Management Company.

• For Funds that have a Subscription Pre-notification Date, in the event of a subscription on any Valuation Date for Shares with a value greater than
the amount specified in the relevant Fund Information Sheet in Annex 2, Shares will only be issued after (i) the investor has opened an account
with the Company (see “Account Opening” above), (ii) a completed and valid Transaction Request Form has been received not later than the Cut-

22 | Prospectus Capital International Fund

 Off Time on a Subscription Pre-notification Date, and (iii) the subscription has been accepted by the Management Company. The investor
undertakes to procure payment no later than the relevant Valuation Date. The Management Company may, at its discretion, require that the
payment of such large subscription be made in the Base Currency as specified in the relevant Fund Information Sheet in Annex 2 of the relevant
Fund. The Management Company may, at its discretion, accept on any Valuation Date subscription for Shares with a value greater than the
amount specified in the relevant Fund Information Sheet in Annex 2, even if received after the relevant Subscription Pre-notification Date and no
later than the Cut-Off Time on that Valuation Date.

• Shares will be issued as of the Cut-Off Time on the Valuation Date on which the above requirements are fully met, at the Net Asset Value,
potentially adjusted upwards or downwards as the case may be as described under “Swing pricing adjustment” determined as of the
corresponding Valuation Date.

• When the amount of funds received is less than the amount (or than the value of the number of Shares) specified in the Transaction Request
Form, Shares will be issued for the lower amount, except if the Management Company has agreed to issue Shares to the investor before cleared
funds were verified in the collection account, as described under “Contractual Settlement” below.

• A subscription request may not be withdrawn or amended by the investor after the Cut-Off Time of the relevant Valuation Date or Subscription
Pre-notification Date (the Management Company may however, at its discretion, decide on an exceptional basis to accept subscription requests
and/or to agree to withdraw or amend subscription requests after the Cut-Off Time of the relevant Subscription Pre-notification Date provided that
(i) the request for such an exception has been submitted to the Management Company or the Administrative Manager before the Cut-Off Time of
the relevant Valuation Date, (ii) the Management Company is satisfied that the request has been submitted in good faith, (iii) the Shareholder has
no historical pattern of similar requests and (iv) the request is not part of trading activity that the Management Company has determined could
involve actual or potential harm to the Company).

Contractual Settlement
Shares could be issued before cleared funds are verified in the collection account to an investor who, in such case, will be deemed to have agreed to
provide the Management Company with adequate protection against the non-receipt of funds, as follows. By investing in this context, any such investor
irrevocably:

• undertakes to procure payment in one of the available Payment Currencies (which the Management Company may, at its discretion, require to be
in the relevant Fund’s Base Currency as specified in the relevant Fund Information Sheet in Annex 2) no later than the third Week Day following
the Valuation Date as of which the relevant Shares are issued, unless otherwise agreed in writing with the Company, or (i) if payments in the
relevant currency cannot settle on such date, on the next Week Day on which the payment can settle, or (ii) if the final transaction amount, when
placing an order in number of Shares, cannot be confirmed in due course, on the Week Day following this confirmation;

• authorises and instructs the Management Company to, at its discretion, in the event that any Shares remain unpaid on or after, as described
above, no later than the third Week Day following the Valuation Date as of which the relevant Shares are issued, unless otherwise agreed in
writing with the Company, or (i) if payments in the relevant currency cannot settle on such date, on the next Week Day on which the payment can
settle, or (ii) if the final transaction amount, when placing an order in number of Shares, cannot be confirmed in due course, on the Week Day
following this confirmation, redeem any fully paid Shares that the Shareholder may already hold, and/or any of the unpaid Shares, and to use the
proceeds of such redemption(s) to cover any amount remaining due to the Company with respect to the unpaid Shares plus any reasonable
related costs (including, but not limited to, late-payment interest, foreign currency exchange costs, including those resulting from currency
fluctuation); and

• acknowledges that such investor will remain liable to the Company for the payment of any unpaid subscription amount and other costs (as
described above) not fully covered by such redemption proceeds.

Class Selection
If the Management Company determines that the investor is not eligible for the selected Class, the Management Company may reject the investor’s
subscription.

Subscriptions made with the assistance of Distributors and other Intermediaries

Distributors and other Intermediaries may apply different subscription procedures, including an earlier dealing cut-off time, to subscriptions for Shares
made with their assistance, as detailed under “Distributors and other Intermediaries”.

Subscription in Kind
The Management Company may, at its discretion, allow an investor to settle its subscription by contributing securities acceptable to the Company,
subject to the requirements of Luxembourg law, in particular, a valuation report by the Company’s auditor confirming the value of the contributed
assets. Only securities that are in compliance with the relevant Fund’s investment policy and restrictions at the relevant time, as determined by the
Management Company at its sole discretion, may be contributed. The costs of such contribution of securities will usually be borne by the investor;
however, the Company may bear them provided it is satisfied that such costs are lower than the cost of investing the corresponding cash amount.

Subscriptions Deferral
If, on any Valuation Date, any Fund receives subscription(s) for Shares with a combined value of 5% or more of its total net assets, the Management
Company will have the right to defer such subscription(s) in excess of 5% of its total net assets, pro rata to the outstanding subscription requests, until
the next or subsequent Valuation Date(s). (For this purpose, a switch of Shares of a given Fund into Shares of another Fund (see “Switches Between
Funds”) will be treated as a redemption from the former and a subscription into the latter, the redemption being processed only when simultaneous
subscription into the new Fund has become possible.) The investors concerned will be promptly informed of this decision and will have the right to
withdraw their subscription request, or the portion thereof that was deferred, by notifying the Management Company at the latest on the Business Day
following such notification before the Cut-Off Time. In the case of deferral of subscriptions, the relevant Shares will be issued at the Net Asset Value,
potentially adjusted upwards or downwards as the case may be as described under “Swing pricing adjustment” determined as of the Valuation Date
corresponding to the Valuation Date on which the subscription, or the relevant portion thereof, is effected.

Rejection Privilege
The Company, the Management Company and Distributors reserve the right to reject any application for subscription at their discretion, without giving
any reason. In particular, subscriptions that are part of trading activity that the Company, the Management Company or a Distributor have determined

Capital International Fund Prospectus | 23

could involve actual or potential harm to the Company, as further detailed under “Protection Against Improper Trading Practices”, may be rejected. The
Company or the Management Company may also refuse to accept any application for subscription if the Company or one or more Fund(s) reach a size
that could impact the ability to find suitable investments for the Company or one or more Fund(s). If an application is rejected, the subscription amount
will be returned, without interest, as soon as practicable following the date of rejection, by banker’s draft or electronic transfer, at the applicant’s
expense and risk.

Redemption of Shares
Standard Redemption Procedures
Shares will be redeemed by the Company at the relevant Net Asset Value, potentially adjusted upwards or downwards as the case may be as
described under “Swing pricing adjustment” determined as of the Valuation Date on which a valid written request is received from a Shareholder not
later than the Cut-Off Time (less any applicable improper trading redemption charge as described under “Expenses”).

For Funds that have a Redemption Pre-notification Date, any redemption with a value greater than the amount specified in the relevant Fund
Information Sheet in Annex 2, Shares will be redeemed by the Company at the relevant Net Asset Value, potentially adjusted upwards or downwards
as the case may be as described under “Swing pricing adjustment” determined as of the relevant Valuation Date provided that a valid written request is
received from a Shareholder on the relevant Redemption Pre-notification Date. The Management Company may, at its discretion, accept on any
Valuation Date redemption for Shares with a value greater than the amount specified in the relevant Fund Information Sheet in Annex 2, even if
received after the relevant Redemption Pre-notification Date and no later than the Cut-Off Time on that Valuation Date. The Management Company
may however, at its discretion, decide to accept redemption requests and/or to agree to amend redemption requests after the Cut-Off Time of the
relevant Redemption Pre-notification Date provided that (i) the new request has been notified to the Management Company or the Administrative
Manager before the Cut-Off Time on the relevant Valuation date, (ii) the Management Company has determined that this request has been submitted in
good faith, (iii) the Shareholder has no historical pattern of similar requests and (iv) this request is not part of trading activity that the Management
Company has determined could involve actual or potential harm to the Company.

Transaction Request Forms must be used for this purpose; these are available from the Company, the Management Company, the Administrative
Manager or Distributors upon request.

Provided that the Shareholder had provided the Management Company or the Administrative Manager with all required account opening
documentation, as described under “Account Opening” above, except if otherwise provided herein, payment will normally be made:

• to the redeeming Shareholder only;

• in the Payment Currency used for the Shareholder’s original subscription, unless the redeeming Shareholder elects to receive the redemption
amount in a different available Payment Currency of an active Class and Equivalent Class which can be found online on the Management
Company’s webpage at capitalgroup.com/international, in which case the amount will be converted by the Administrative Manager into such
currency at such Shareholder’s expense and risk (although if, in its opinion, payment in any such currency is either not reasonably practical or
prejudicial to the remaining Shareholders, the Company may in exceptional circumstances pay in any convertible currency of its choice);

• no later than the third Week Day after the Valuation Date on which the relevant Shares were redeemed or (i) if payments in the relevant currency
cannot settle on such date, on the next Week Day on which the payment can settle, or (ii) if the final transaction amount, when placing an order in
number of Shares, cannot be confirmed in due course, on the Week Day following this confirmation

• by electronic bank transfer to the account designated for this purpose (including all necessary details as specified in the Transaction Request
Form) by the redeeming Shareholder in his redemption request.

Redemptions made with the assistance of Distributors and other Intermediaries

Distributors and other Intermediaries may apply different redemption procedures, including an earlier dealing cut-off time, to redemptions of Shares
made with their assistance, as detailed under “Distributors and other Intermediaries”.

Redemptions Deferral
The Company will not be bound to redeem on any Valuation Date or in any period of four consecutive Valuation Dates, more than 10% of the total net
assets of any Fund, respectively, on such Valuation Date or at the commencement of such period. (For this purpose, a switch of Shares of a given
Fund into Shares of another Fund (see “Switches Between Funds”) will be treated as a redemption from the former and a subscription into the latter.) In
this event, the limitation will apply pro rata so that all redemption applications to be processed on a Valuation Date to which such limitation applies will
be processed in the same proportion. However, redemptions may be deferred for not more than five consecutive Valuation Dates after the date of
receipt of the redemption request, subject to a suspension of determination of Net Asset Value as referred to above. In the case of deferral of
redemptions, the relevant Shares will be redeemed at the Net Asset Value, potentially adjusted upwards or downwards as the case may be as
described under “Swing pricing adjustment” determined as of the Valuation Date on which the redemption, or the relevant portion thereof, is effected. If
redemption(s) are deferred, the Management Company will inform the Shareholder(s) concerned, who will have the right to withdraw their redemption
request, or the portion thereof that was deferred, by notifying the Management Company at the latest on the Business Day following such notification,
before the Cut-Off Time.

Compulsory Redemption
The Company may compulsorily redeem part or all of the holding of a Shareholder in the event that:

• a redemption results in the holding of the redeeming Shareholder falling below the applicable minimum. (For this purpose, a switch of Shares of a
given Fund into Shares of another Fund (see “Switches Between Funds”) will be treated as a redemption from the former and a subscription into the
latter);

• a transfer of Shares on a secondary market results in such Shares being held in breach of any applicable requirements;

• the Company has issued Shares to an investor but the subscription remains unpaid on or after the subscription settlement date;

• ownership by the Shareholder is based on the provision of false information and/or results in a breach of any applicable requirements; or

24 | Prospectus Capital International Fund

• ownership by the Shareholder would adversely affect in any manner the Company or any Fund or Class or the Management Company or the
Investment Advisers, in the Company’s sole judgment, including as a result of FATCA (see “Taxation” section).

Redemption in Kind
The Company may, at its discretion and if the Shareholder requesting redemption so accepts, satisfy payment of the redemption price in kind by
allocating to such Shareholder assets from the relevant Portfolio equal in value to the value of the Shares to be redeemed. The nature and type of such
assets will be determined at the Company’s discretion with the assistance of the Management Company on a fair and reasonable basis and without
prejudicing the interests of the other Shareholders. The costs of such allocation of securities will normally be borne by the redeeming Shareholder;
however, the Company may bear them provided it is satisfied that such costs are lower than the cost of selling the relevant assets.

Value of the Shares Redeemed

The value of the Shares at the time of redemption may be more or less than the amount initially invested by the Shareholder, depending on the market
value of the securities and other assets held by the relevant Fund at that time.

Transfer of Shares
A Shareholder may request the transfer of all or part of his Shares to another person. The transfer may only be processed provided the transferor and
the transferee fulfil the same minimum holding, identification and other requirements as apply, respectively, to a redemption and a subscription of
Shares of the relevant Class (see “Issue of Shares” and “Redemption of Shares” as well as “Restrictions on Ownership”). No sales or improper trading
redemption charges (as described under “Expenses”) will generally be levied in this context. Distributors and other Intermediaries may apply different
transfer of Shares procedures.

Switches Between Funds

Application for the switch of Shares of one Fund into Shares of the same Class and Equivalent Classes in another Fund may be made on any day that is a
Valuation Date for both Funds. Transaction Request Forms must be used for this purpose; these are available from the Company, the Management
Company, the Administrative Manager or Distributors upon request. Shares for which valid switch instructions have been received not later than the Cut-Off
Time on a Valuation Date or on the relevant Pre-notification Date for any switch of Shares with a value greater than the amount specified in the relevant
Fund Information Sheet and accepted by the Management Company will be switched into Shares of the same Class of the other Fund as of that Valuation
Date based on the Net Asset Values, potentially adjusted upwards or downwards as the case may be as described under “Swing pricing adjustment” of
the relevant Funds, determined as of the corresponding Valuation Date(s), in the Payment Currency of the existing holding.

Distributors and other Intermediaries may apply different switch procedures, including an earlier dealing cut-off time, to switches between Funds made
with their assistance, as detailed under “Distributors and other Intermediaries”.

A switch will only be processed if the resulting holding(s) of Shares meet(s) the applicable minimum holding and other requirements. Switches of
Shares of one Class of a Fund into Shares of another Class (of either the same or a different Fund) are not permitted unless the Shareholder meets all
requirements applicable to investments in the Class into which he requests to switch and the Management Company accepts such a switch. The
Management Company reserves the right to refuse to accept any switch application at its discretion, without giving any reason.

Distributors and other Intermediaries

Individual investors are encouraged to invest with the assistance of a Distributor, of which the Management Company will provide details upon request.

Distributors and other Intermediaries may apply different procedures to accounts opened and transactions in Shares made with their assistance,
including earlier dealing cut-off times or different settlement periods, from those provided for under “Account Opening”, “Subscription of Shares”,
“Redemption of Shares” and “Switches between Funds”. Each Distributor or other Intermediary will inform investors of the procedures relevant to them.
Investors should note that they may be unable to open accounts or to transact in Shares on days on which the Distributor or other Intermediary is not
open for business.

In addition, Distributors and other Intermediaries may apply different investment minima from those provided for under “The Funds and their Structure”
to investments made with their assistance; each Distributor or other Intermediary will inform investors of the investment minimum applicable to them.
The Management Company generally does not apply the subscription charge described under “Expenses”, or applies it at a reduced rate, to
investments made with the assistance of a Distributor or other Intermediary.

Distributors and other Intermediaries are solely responsible for these actions, and by investing on behalf of investors, undertake and represent, in
particular, that they will at all times:

• comply with the terms of this Prospectus;

• assess the suitability and/or the appropriateness of such investment for prospective purchasers of Shares, and provide their clients with
appropriate investment advice in relation to any investment in Shares, including the relevant KIID and any specific information regarding the Fund
and/or the Class in which the prospective purchaser will invest;

• verify the identity of investors and their beneficial owners investing in the Company by applying client identification procedures deemed by the
Administrative Manager as equivalent to those required under Luxembourg laws and regulations and be properly and professionally organised to
assume such duties;

• protect the Company against any breaches of the “Restrictions on Ownership”;

Capital International Fund Prospectus | 25

• comply with all applicable laws, including, without limitation, local laws applying to the Distributors and other Intermediaries and to the provision of
advertising or other promotion or sales material to the public in the relevant jurisdiction, as well as local fund registration requirements;

• protect the Company against improper trading practices, as detailed under “Protection Against Improper Trading Practices”; and

• to the full extent required by applicable law, disclose to their clients, and where required obtain their clients’ consent on, the existence, nature and
amount of their compensation, relinquish such compensation to such clients or, as applicable, refrain from accepting any distribution fee or other
cash rebate unless expressly permitted under local laws and regulations.

Restrictions on Ownership
Ownership of Shares by any person, firm or corporate body including, but without limitation, any US Person and any US citizen may be restricted or
prohibited (including, if relevant, by compulsorily redeeming Shares held). Shares may not be transferred except in compliance with all applicable
securities laws. The Company may, subject to the above, sell to, accept to register the transfer of its Shares to, and allow continued ownership by, a
US Person or a US citizen under certain very limited circumstances.

The Company will not accept to issue Class A4, Class A7, Class A9, Class A11, Class A13, Class A15, Class C Shares or any Shares of their
Equivalent Classes thereof, or give effect to any transfer of such Shares, to persons or companies who may not be considered Institutional Investors.
The Company will, at its full discretion, refuse the issue or transfer of such Shares, if there is not sufficient evidence that the person or the company to
which such Shares are sold or transferred is an Institutional Investor; in such a case, the Company will issue Shares to the subscriber or transferee in
the nearest similar available Class, as detailed under “The Funds and their Structure”.

Commodity Futures Trading Commission Disclosure

To the extent that the Company or any Fund trades swaps, futures, commodity options contracts and other instruments regulated by the U.S.
Commodity Futures Trading Commission (the “CFTC”), such investments are not intended to comprise a significant portion of the Company’s or any of
the relevant Fund’s total investments. The Management Company, the Board of Directors of the Company, and the Investment Advisers either qualify
for exemptions from registration, or are otherwise excluded from, the requirements under the U.S. Commodity Exchanges Act, as amended (the
“Commodity Exchange Act” or “CEA”) and the regulations promulgated thereunder (the “CFTC Regulations”).

The Management Company is the commodity pool operator (“CPO”) of each Fund under the CEA, but it is not registered as such under the CEA. This
is because CFTC Regulation 4.13(a)(3) exempts the Management Company from compliance with the requirements applicable to registered CPOs with
respect to each Fund given that, among other required elements, each Fund is operated pursuant to the following criteria: (1) Shares are exempt from
registration under the U.S. Securities Act of 1933, as amended (the “Securities Act”), and such Shares are offered and sold without marketing to the
public in the United States, (2) each participant in each Fund is an “accredited investor” as defined in Rule 501 of Regulation D under the Securities Act
or a “qualified eligible person” as defined in CFTC Regulation 4.7(a)(2)(viii)(A) (which includes “Non-United States persons” as defined in that section),
and (3) at all times, each Fund will meet either of the de minimis tests set forth in such exemption with respect to its commodity interest positions,
including positions in security futures products, whether entered into for bona fide hedging purposes or otherwise. Therefore, unlike a registered CPO,
the Management Company, the Board of Directors of the Company and the Investment Advisers are not required to deliver a CFTC disclosure
document or a certified annual report to the Company’s investors.

Additionally, none of the Management Company, the Investment Adviser or the Sub-Advisor is registered as a commodity trading advisor (“CTA”) under
the CEA in reliance on exemptions from registration. As a result, Shareholders will not receive the disclosure document a registered CTA is ordinarily
required to provide.

Protection Against Improper Trading Practices

Late Trading
In order to protect the Company against arbitrage opportunities, investors are not allowed to place transactions at a known Net Asset Value.
Transaction instructions received on behalf of the Company after the Cut-Off Time will therefore not be given effect before the next Valuation Date.

Excessive Trading and Market Timing

The Company is a long-term investment vehicle, and intends to protect the interests of its long-term shareholders. Its Funds may not be used by
investors to serve as vehicles for frequent and/or short-term trading, and it does not permit practices related to market timing. As prescribed by
Luxembourg laws and regulations, the Management Company monitors investor transactions in order to prevent and/or detect excessive trading and
market timing practices. Distributors and other Intermediaries undertake, by promoting the Shares, to take similar measures with respect to their clients
and to refrain from submitting to the Funds transactions that would appear to involve such practices. Subscriptions or switches that are part of trading
activity that the Management Company or a Distributor or other Intermediary have determined, in their discretion, could involve actual or potential harm
to the Company, and/or from investors who the Management Company or a Distributor or other Intermediary suspects of using excessive trading or
market timing practices, may be rejected. In addition, where short-term and/or excessively frequent trading patterns and/or market timing practices
have been identified, the Management Company may take appropriate measures to protect the interests of the Shareholders.

Taxation
The Company
Under current law and practice, the Company is not liable to any Luxembourg income tax.

The Company is liable in Luxembourg to a tax, which is payable quarterly, of 0.05% per annum of the total net assets of each Fund and of each Class,
provided that this tax is not applied to, and is not payable on, investments of the Company in other Luxembourg UCIs. However, a reduced tax rate of
0.01% in respect of Class A4, Class A7, Class A9, Class A11, Class A13, Class A15, Class C and Equivalent Classes thereof as provided by the Law
in respect of Classes wholly held by Institutional Investors will be sought. It should be noted that there can be no guarantee that the benefit of such
reduced rate will not be denied or that, once obtained, it will continue to be available in the future.

26 | Prospectus Capital International Fund

No stamp duty or other tax will be payable in Luxembourg on the issue of Shares except an initial tax of €1,250 which was paid upon incorporation. Under
current law and practice, no capital gains tax is payable in Luxembourg on the realised or unrealised capital appreciation of the assets of the Company.

Dividends, interest and capital gains on the Funds’ portfolio securities may be subject to withholding taxes imposed by the jurisdictions in which the
securities are issued or held, and it is not expected to recover such taxes in full.

Shareholders

General
Under current law and practice, Shareholders (other than Shareholders domiciled, resident or having a permanent establishment in Luxembourg and
certain former residents of Luxembourg) are not subject to any capital gains, income, inheritance or other taxes in Luxembourg, except as described below.

The Funds may qualify as US passive foreign investment companies (PFIC) for US tax purposes, which may have adverse tax consequences to US
taxpayers. The Funds and their Investment advisers do not assess nor mitigate such tax consequences. Prospective investors should consult their own
independent tax advisers.

It is the responsibility of prospective investors and Shareholders to inform themselves as to the tax and other consequences to them of buying, holding,
selling (or otherwise transferring) or redeeming Shares under the laws of the State(s) in which they are or may be taxable, including any applicable
information reporting obligations.

Automatic exchange of financial account information

The European Union as well as the international community through the OECD have developed sets of rules aiming at implementing automatic
exchange of financial account information among states (Directive on Administrative Cooperation in the field of Direct Taxation, as amended, and
"Common Reporting Standard" (hereafter "CRS")). On 29 October 2014, Luxembourg signed a multilateral agreement, which establishes an automatic
exchange of tax information between the tax departments of the different partner jurisdictions. Luxembourg funds are required to comply with the
relevant Luxembourg law implementing this agreement since 1 January 2016. They are obliged to collect certain information about the tax residency
and tax classification of each investor and to report relevant financial information on shareholders accounts to the Luxembourg tax authorities, who
intend to commence information sharing on certain cross border investors from the participating jurisdictions in 2017.

Foreign Account Tax Compliance Act (FATCA)

Pursuant to the U.S. Foreign Account Tax Compliance Act (“FATCA”) of the US Hiring Incentives to Restore Employment (“HIRE”) Act , and in order to
avoid a U.S. withholding tax being imposed on U.S. source income and proceeds of disposition received by the Company, the Company is registered
deemed compliant Foreign Financial Institution (“FFI”) under FATCA and the equivalent Luxembourg domestic law following the signing of an Inter-
Governmental Agreement (“IGA”) with the US Treasury.

The Company will take any actions necessary to comply with this status, including, but not limited to, fulfilling the reporting and/or withholding
obligations. In this context, Shareholders of the Company may be required to provide identity, residency and citizenship information to the Company
which, for those who meet the criteria of a reportable account under FATCA, will be provided by the Company to the Luxembourg tax authorities and
subsequently to the U.S. tax authorities together with annual income and transaction information.

By investing in the Company and providing the Company with their identity and residency information, the Shareholders will be deemed to have
consented to the Company disclosing such information to U.S. tax authorities. In addition, Shareholders that are distributors or financial intermediaries
will be required, as FFI, to provide evidence of their FATCA compliant status (Participating FFI, Deemed Compliant FFI or exempt). If a Shareholder
does not provide such requested information and documentation in a timely manner, he will qualify as “recalcitrant account” or “non-participating FFI”,
and, in addition to its reporting obligations, the Company may have to withhold the 30% tax on the payments processed to his account and/or redeem
securities held by the Shareholder or on account of the Shareholder.

As a result of these regulations, the Company, the Management Company and the Administrative Manager may be obliged to collect and transmit to
relevant tax authorities Shareholders’ financial account information as appropriate.

Liquidation and Dissolution

With the consent of Shareholders, the Company may be liquidated. This will be carried out in accordance with Luxembourg Company law and any monies
not claimed will be deposited, pursuant to Article 146 of the Law at the “Caisse de Consignation” in Luxembourg. With the consent of Shareholders, the
Company may further be liquidated with the provision that the liquidator will transfer all assets and liabilities of the Company to a UCITS against issue to
existing Shareholders of the Company of shares or certificates of such UCITS proportional to their shareholding in the Company.

Liquidation of one Fund or one Class may be approved by the Board of Directors of the Company and/or by a resolution at a separate Fund or Class
meeting of Shareholders of the Fund or Class concerned. Any monies not claimed will be deposited with the “Caisse de Consignation” in Luxembourg.
One Fund or one Class may be liquidated by contributing into another Fund or Class or into another UCITS. Details with respect to the liquidation and
merger procedures can be found in the Articles of Incorporation.

If the net assets of the Company fall below either of the following minima, the Board of Directors of the Company must submit the question of the
dissolution of the Company to a general meeting of Shareholders (for which no quorum is prescribed) which must decide by the applicable proportion of
the Shares represented at the meeting, as specified below:

(a) (i) Minimum – two-thirds of the minimum capital (presently €1,250,000)

(ii) Proportion of Shares – simple majority.

(b) (i) Minimum – one quarter of the minimum capital

(ii) Proportion of Shares – one quarter.

Each such meeting must be convened so as to be held within 40 days after ascertaining that the net assets have fallen below either of the above minima.

Capital International Fund Prospectus | 27

28 | Prospectus Capital International Fund
Capital International Fund – General and Corporate Information
Principal and registered office:
6C, route de Trèves, L-2633 Senningerberg, Grand-Duchy of Luxembourg
Trade and Companies Register of Luxembourg: B 8833

The Company
The Company was incorporated as a “Société Anonyme d’Investissement” on 30 December 1969 and on 28 March 1989 it became a SICAV for an
indefinite period under Part I of the Law. Its Articles of Incorporation, as amended, were published in the Mémorial Recueil des Sociétés et Associations
of the Grand Duchy of Luxembourg on 31 March 1970, 16 May 1989, 16 February 2000, 16 August 2002, 20 December 2005, 2 July 2007 and 20
January 2012.

Mailing address of the Company

Capital Group Investor Services
P.O. Box 167
6C, route de Trèves
L-2633 Senningerberg
Luxembourg

The Board of Directors of the Company

The Company’s Board of Directors is ultimately responsible for the management and administration of the Company, including the determination of its
general investment policies. The Directors of the Company are:

Luis Freitas de Oliveira (Chair) Thomas Hogh

Capital International Sàrl Capital Research Company
Geneva, Switzerland London, United Kingdom

Joanna Jonsson (Vice Chair) Maurizio Lualdi

Capital Research Company Capital Research Company
Los Angeles, USA London, United Kingdom

Mark Brubaker Michael Thawley

Capital Research & Management Company Capital Strategy Research, Inc.
Los Angeles, USA Los Angeles, USA

The Directors are all employees of the Capital Group (of which the Management Company and Investment Advisers are part).

Accounting Year of the Company

The accounting year of the Company begins on 1 January and terminates on 31 December in each year.

Shareholders meetings of the Company

The Company’s Annual General Meeting of Shareholders is held at the registered office of the Company in Luxembourg on the last Tuesday of April in
each year at 11:00am or, if any such day is not a Business Day, on the next Business Day. Convening notices and all other legal notices are given in
accordance with Luxembourg law and the Articles of Incorporation.

The Management Company

The Board of Directors of the Company has appointed Capital International Management Company Sàrl ("CIMC") pursuant to a Management Company
Agreement dated 1 February 2013 to carry out the functions of management of the Company as prescribed in Annex II of the Law.

The Management Company shall be responsible for the investment management, the administration and the implementation of the Company’s
distribution and marketing functions as prescribed in Annex II of the Law.

The Management Company has been permitted by the Company to delegate, under the Management Company’s supervision and control, certain
administrative, distribution and management/services functions to Affiliates or service providers. The delegations shall not prevent the effectiveness of
supervision by the Management Company.

The Management Company was incorporated under the Laws of Luxembourg on 28 September 1992 and has a share capital of EUR 7.5 million. CIMC
is authorised as a management company under Part 4 chapter 15 of the Law. Its Articles of Incorporation have been amended for the last time on
3 December 2012 and were published in the Mémorial Recueil des Sociétés et Associations of the Grand Duchy of Luxembourg on 19 December 2012.

The Company and the Management Company have appointed various providers to provide services, including those required by the Law, and may
appoint providers of additional services by means of agreements that, unless otherwise required by law, will be governed by Luxembourg law.

The Investment Advisers and Sub-Adviser of the Company

Investment Advisers Investment Adviser and Sub-Adviser
Capital Research & Management Company Capital International, Inc. Capital International Sàrl
333, South Hope Street 11100 Santa Monica Boulevard, 15th Floor 3, place des Bergues
Los Angeles, CA 90071 Los Angeles, CA 90025-3384 1201 Geneva
USA USA Switzerland

Subject to the overall control of the Management Company and the ultimate responsibility of the Board of Directors of the Company, CRMC as well as
CII and CISA (as specified in the relevant Fund Information Sheet in Annex 2) serve as the Investment Advisers of the Funds pursuant to an
Investment Advisory Agreements dated 6 September 2002, 22 March 1990 and 1 July 2011, as amended, respectively. The Investment Adviser,

Capital International Fund Prospectus | 29

CRMC, will delegate, pursuant to an Investment Sub-Advisory Agreement dated 1 March 2016, all or part of its duties and obligations to the Sub-
Adviser CISA, as specified in the relevant Fund Information Sheet in Annex 2. CISA was incorporated on 5 July 1963 in Geneva, Switzerland, and CII
was incorporated on 16 December 1987 in the State of California, USA, both wholly owned subsidiaries of Capital Group International, Inc., which, in
turn, is wholly owned by Capital Group; CRMC was incorporated on 30 July 1940 and is also a wholly owned subsidiary of Capital Group. Together
they are referred to as the Investment Advisers.

The Affiliates manage substantial portfolios for a wide range of international clients. These portfolios are invested in worldwide equity and fixed-income
securities. Each of the Investment Advisers has access to the research of certain Affiliates. The Capital Group is one of the largest and oldest
investment management organisations in the United States. The Capital Group and its Affiliates maintain offices in the United States of America,
Switzerland, England, Hong Kong, Japan, Canada, Singapore, India, China and Australia. The Investment Advisers may delegate, under their own
responsibility, all or part of their duties and obligations (excluding investment advice) to any Affiliates. In particular, the Management Company may,
from time to time, authorise any Affiliates to execute the Investment Advisers’ investment decisions relating to the assets of the Funds.

Such Affiliates will place trades with brokers who provide certain brokerage and/or investment research services to the Affiliates, but only when in the
Affiliates judgement the broker is capable of providing best execution for that transaction. These services permit the Affiliates to supplement their own
research and analysis, which contributes to the efficient management of investment portfolios by Affiliates for the benefit of investors. Although Affiliates
may enter into arrangements with brokers with the expectation that these services will be provided, Affiliates do not incur any obligation with any broker
to pay for research by generating trading commissions. Affiliates also pay cash for certain third-party research they receive. In addition, Affiliates’
employees are governed by a global Code of Ethics, which includes rigorous personal investing and gifts and entertainment policies.

The Depositary and Custodian of the Company

J. P. Morgan Bank Luxembourg S.A.
European Bank & Business Centre
6C, route de Trèves
L-2633 Senningerberg
Luxembourg

The Company has appointed JP Morgan as Depositary and Custodian of the Company, by an agreement dated 23 August 2002, as amended, to
provide depositary, custodial, settlement and certain other associated services to the Company. JP Morgan was incorporated in Luxembourg as a
Société Anonyme on 16 May 1973 and has an undetermined duration.

The Depositary is responsible, in accordance with the Law, for ensuring that:

• the issue, redemption and cancellation of Shares is done according to the Law and the Articles of Incorporation;

• the value of the Shares is calculated in accordance with the Law and the Articles of Incorporation;

• the instructions of the Company or the Management Company are carried out unless they conflict with the Law and the Articles of Incorporation;

• the income produced by the Company is applied as specified in the Articles of Incorporation; and

• in transactions involving assets of the Company, the consideration is remitted to it within the usual time limits.

The Depositary is also responsible for the safekeeping and ownership verification of the assets of the Company, cash flow monitoring and oversight in
accordance with the Law.

In order to provide depositary services according to the types of assets and the geographical regions the Company plans to invest in, the Depositary
may entrust all or part of the assets held by the Company that it holds in custody to such sub-custodians as may be determined by the Depositary from
time to time. Except as provided under applicable law, the Depositary’s liability shall not be affected by the fact that it has entrusted all or part of the
assets in its care to a third party.

As part of the normal course of global custody business, the Depositary may from time to time have entered into arrangements with other clients, funds
or other third parties for the provision of safekeeping and related services. Within a multi-service banking group such as JPMorgan Chase Group, from
time to time conflicts may arise between the Depositary and its safekeeping delegates, for example, where an appointed delegate is an affiliated group
company and is providing a product or service to a fund and has a financial or business interest in such product or service or where an appointed
delegate is an affiliated group company which receives remuneration for other related custodial products or services it provides to the funds, for
instance foreign exchange, securities lending, pricing or valuation services. In the event of any potential conflict of interest which may arise during the
normal course of business, the Depositary will at all times have regard to its obligations under applicable laws including Article 25 of the Directive
2014/91/EU of the European Parliament and of the Council of 23 July 2014 amending Directive 2009/65/EC on the coordination of laws, regulations
and administrative provisions relating to undertakings for collective investment in transferable securities (UCITS V Directive).

When selecting and appointing sub-custodians or other delegate,, the Depositary shall exercise all due skill, care and diligence as required under the
Law to ensure that it entrusts the Company’s assets only to a delegate who may provide an adequate standard of protection.

The current list of sub-custodians used by the Depositary is available at www.capitalgroup.com/eu/sub_custodians or may be obtained by Shareholders
free of charge and from the Company upon request.

The Depositary is liable to the Company or its Shareholders for the loss of a financial instrument held in custody by the Depositary or any of its sub-
custodians or delegates. The Depositary shall; however, not be liable if it can prove that the loss has arisen as a result of an external event beyond its
reasonable control, the consequences of which would have been unavoidable despite all reasonable efforts to the contrary. The Depositary is also
liable to the Company or its Shareholders for all other losses suffered by them as a result of the Depositary’s negligent or intentional failure to properly
fulfil its duties in accordance with the applicable law.

Administrative Manager and Paying Agent of the Company

J. P. Morgan Bank Luxembourg S.A.
European Bank & Business Centre
6C, route de Trèves
L-2633 Senningerberg
Luxembourg

30 | Prospectus Capital International Fund

The Management Company has appointed JP Morgan as Administrative Manager, by an Administration Agreement dated 23 August 2002, as amended,
and as Paying Agent, by a Paying Agency Agreement dated 23 August 2002 to provide the Company with services as required by the Law. JP Morgan
was incorporated in Luxembourg as a Société Anonyme on 16 May 1973 and has an undetermined duration.

Authorised Agents and Country Paying Agents of the Company

Details of the Company’s representatives and local paying agents in various countries can be obtained from the Company upon request. Investors are
also invited to refer to any addendum to this Prospectus with additional information for investors in relevant jurisdictions.

Distributors
The Company will provide details of current Distributors upon request.

Auditors of the Company

PricewaterhouseCoopers Société Cooperative
2, rue Gerhard Mercator B.P.
1443 L-1014 Luxembourg
Luxembourg

Legal Advisers
ELVINGER HOSS PRUSSEN, société anonyme
2, place Winston Churchill
L-1340 Luxembourg
Luxembourg

Reports and other Documents available for Investors

Audited annual reports will be made available to the Shareholders at the registered office of the Company and will be available online at
capitalgroup.com/international. The Company may also make available abridged annual reports (comprising a report on activities, the auditor’s report
and the statements of net assets, operations and changes in net assets) to the Shareholders at their registered address, provided that the full reports
are available to the Shareholders free of charge on request at the registered office of the Company.

Copies of the following documents may be obtained, free of charge, at the registered office of the Company:

• the Articles of Incorporation;

• the current Prospectus and relevant KIID; and
• the latest audited annual and unaudited semi-annual reports.

Copies of the following agreements, which are all governed by the laws of Luxembourg, are available for inspection during normal business hours at
the registered office of the Company:

• the Investment Advisory Agreements;

• the Custody Agreement;
• the Paying Agency Agreement; and
• the Administration Agreement.

Transmission of investor data

The Management Company may authorise the Administrative Manager to send investor contract notes, valuation statements, dividend vouchers and any
other correspondence (together “Investor Correspondence”) electronically in encrypted pdf format to Shareholders and/or Distributors and other
Intermediaries at email addresses provided by such investors for the purpose of receiving such Investor Correspondence, as per expressed instruction
from Shareholders and/or Distributors and other Intermediaries through Account Opening Forms and maintenance forms.

Please also note that although electronic messages will be password protected, email communication is not a secure medium or error free and can
contain viruses or other defects and may be delayed. The Management Company and/or the Administrative Manager is not liable for any of these
occurrences, and makes no warranties in relation to these matters. The sender reserves the right to monitor, record, transfer cross border and retain
electronic messages. If you are not comfortable with the risks associated with electronic messages, you may decide not to select the email option in the
Account Opening Forms and maintenance forms.

Remuneration policy
The details of the up-to-date Management Company remuneration policy, including, but not limited to, a description of how remuneration and benefits
are calculated, the identity of persons responsible for awarding the remuneration and benefits, including the composition of the remuneration
committee, are available on the website www.capitalgroup.com/eu/remuneration_policy. A paper copy of the remuneration policy will be made available
free of charge upon request.

As per UCITS V Directive as regards depositary functions, remuneration policies and sanctions, it is confirmed that

• the remuneration policy is consistent with and promotes sound and effective risk management and does not encourage risk taking which is inconsistent
with the risk profiles, rules or instruments of incorporation of the UCITS that the management company manages;
• the remuneration policy is in line with the business strategy, objectives, values and interests of the Management Company and the UCITS that it
manages and of the Shareholders in such UCITS, and includes measures to avoid conflicts of interest;
• the assessment of performance is set in a multi-year framework appropriate to the holding period recommended to the Shareholders of the UCITS
managed by the management company in order to ensure that the assessment process is based on the longer-term performance of the UCITS and
its investment risks and that the actual payment of performance-based components of remuneration is spread over the same period;

Capital International Fund Prospectus | 31

• fixed and variable components of total remuneration are appropriately balanced and the fixed component represents a sufficiently high proportion of
the total remuneration to allow the operation of a fully flexible policy on variable remuneration components, including the possibility to pay no variable
remuneration component.

32 | Prospectus Capital International Fund

Annex 1: General Investment Guidelines and Restrictions
Subject to the Company’s Articles of Incorporation, to this Prospectus and to the relevant Fund Information Sheet in Annex 2, the following provisions
will apply:

I. Eligible Assets
1. The Portfolio of each Fund will exclusively be invested in:

(a) transferable securities and money market instruments that are issued by issuers domiciled and/or having their principal place of business,
and/or whose securities are dealt in, in an Eligible Investment Country and that

(i) are admitted to an Official Listing,

(ii) are dealt in on another Regulated Market, or

(iii) having been issued recently, include in their terms of issue the undertaking that they will meet either of the above requirements within a year
of the issue;

(b) other money market instruments that are liquid and can be accurately valued on each Valuation Date, if their issue or issuer is regulated for
investors and savings protection, provided that they are

(i) issued or guaranteed by a central, regional or local authority or central bank of a Member State, the European Central Bank, the European
Union or the European Investment Bank, a non-Member State, by one of the members making up the federation in a Federal state, or by a
public international body to which one or more Member States belong; or

(ii) issued by an undertaking, any securities of which are admitted to an Official Listing or dealt in on another Regulated Market; or

(iii) issued or guaranteed by an establishment subject to prudential supervision in accordance with European Community law or to rules at least
as stringent;

(c) other transferable securities and money market instruments, including, but not limited to, loans, provided that their total value does not exceed
10% of the net assets of the relevant Fund. Loans should qualify as money market instruments (“MMI”) within the meaning of Articles 3 and 4 of
the Grand Ducal regulation of 8 February 2008 and therefore must be compliant with the following conditions

A. MMI should be understood as a reference to:

- financial instruments which are admitted to trading or dealt in on a regulated market (within the meaning of the Law);

- financial instruments which are not admitted to trading.

B. The reference to MMI as instruments normally dealt in on the money market shall be understood as reference to financial
instruments which would fulfil one of the following criteria:

1) they have a maturity at issuance of up to and including 397 days;

2) they have a residual maturity of up to and including 397 days;
3) they undergo regular yield adjustments in line with money market conditions at least every 397 days;
4) their risk profile, including credit and interest rate risks, corresponds to that of financial instruments which have a
maturity as referred to in points 1) or 2), or are subject to a yield adjustment as referred to in point 3) above;

C. The instruments are deemed to be liquid instruments with a value which can be accurately determined at any time;

(d) units of other UCITS or UCIs, provided that no more than 10% of the UCITS’ or UCI’s assets (or of the assets of the relevant sub-fund) can,
according to its constitutional documents, be invested in aggregate in units of other UCITS or other UCIs;

(e) deposits with credit institutions that are repayable on demand or have the right to be withdrawn, and maturing in no more than twelve months,
provided that the credit institution (i) has its registered seat in a Member State or (ii) is subject to prudential rules equivalent to those laid down
in European Community law; and

(f) financial derivative instruments, including equivalent cash-settled instruments, admitted to an Official Listing or dealt in on a Regulated Market,
and/or OTC Derivatives provided that:

(i) the underlying consists of instruments described in paragraphs (a) to (e), financial indices, interest rates, foreign exchange rates or
currencies to which the relevant Fund may gain exposure to in accordance with its investment policy,

(ii) the counterparties to OTC Derivative transactions are institutions subject to prudential supervision and belong to the categories approved
by the CSSF, and

(iii) the OTC Derivatives are subject to reliable and verifiable valuation on a daily basis, and sold, liquidated or closed by an offsetting
transaction at the Company’s initiative at any time.

For the avoidance of doubt, it is confirmed that investments in private placement securities, as well as loan participations or assignments (to the extent
that these instruments are securitised), and the acquisition of equity securities or other instruments received as a result of corporate actions, are
permitted within the limits laid down above.

2. Under the conditions laid down by law, regulations and administrative practice,

– for the purpose of efficient portfolio management, and/or

– in order to achieve the most appropriate currency distribution

Capital International Fund Prospectus | 33

 the Company may use financial derivative instruments authorised by Luxembourg law or CSSF circulars and in particular, but not exclusively,

(a) with the objective of reducing the risk of the depreciation in the value of specific currencies, techniques and instruments relating to currency
hedging, including cross hedging and proxy hedging, in particular forward currency sales

(i) not exceeding, for each currency, the value of the relevant Fund’s assets (unless otherwise specified in the relevant Fund Information
Sheet in Annex 2) denominated in, and/or directly exposed to the risk of, a given currency or a currency linked or closely related to such
currency, subject to the provisions of sub-paragraph II.4 below, and

(ii) when in respect of bonds for terms not exceeding their maturities; provided that these sales are on a mutual agreement basis with first
class financial institutions specialised in this type of transaction.

The Company generally does not intend to systematically hedge currency exposures in each Fund back to any currency. However, the Company
has appointed JPMorgan Chase Bank, N.A. to provide a systematic passive currency-hedging overlay on a significant part of the assets of the
relevant Fund attributable to Hedged Equivalent Classes and Dividend-distributing Hedged Equivalent Classes in order to reduce the exposure of
such Classes to currencies other than the currency referred to in the relevant Class’ designation as described under “The Classes”.

(b) buy and sell put options, warrants and future contracts;

(c) financial derivative instruments linked to interest rates such as interest rate swaps; and

(d) subject to it being provided for in the relevant Fund’s Information Sheet in Annex 2, financial derivative instruments related to credit risks, such
as credit default swaps whereby one counterparty (the protection buyer) pays the other a fixed periodic fee for the specified life of the
agreement, in return for a contingent payment by the protection seller upon occurrence of a credit event of a predetermined reference issuer. A
credit event is commonly defined as a downgrading of the rating assigned by a rating agency, bankruptcy, insolvency, receivership, material
adverse restructuring of debt or failure to meet payment obligations when due. The Company will enter into such transactions with first-class
financial institutions.

II. Investment Limits Applicable to Eligible Assets

3. No transferable securities or money market instruments will be purchased if, as a result of such purchase,

(a) more than 10% of the net assets of the relevant Fund would be invested in transferable securities or money market instruments issued by the
same issuer, and more than 40% of its net assets would be invested in issuers in each of which more than 5% of such assets are invested.

(i) The 10% limit laid down in sub-paragraph (a) above is increased to 35% in respect of securities which are issued or guaranteed by a
Member State, its local authorities or by any other State or by public international bodies of which one or more Member States are
members, such securities not being included in the calculation of the limit of 40% referred to in sub-paragraph 3.(a) above.

(ii) Notwithstanding sub-paragraphs 3.(a) and 3.(a)(i) above, the Company is authorised to invest up to 100% of the net assets of the
relevant Fund, in accordance with the principle of risk spreading, in transferable securities and money market instruments issued
or guaranteed by a Member State, by its local authorities, or by any other State or by public international bodies of which one or
more Member States are members, provided that the relevant Fund must hold securities from at least six different issues and
securities from one issue do not account for more than 30% of the total net assets of the relevant Fund.

(iii) The 10% limit laid down in sub-paragraph 3.(a) above is increased to 25% in respect of certain debt securities which are issued by credit
institutions having their registered office in a Member State and which are subject, by law, to special public supervision designed to protect
the holders of debt securities (in particular against the risk of counterparty default). In particular, sums deriving from the issue of such debt
securities must be invested pursuant to the law in assets which, during the whole period of validity of such debt securities, are capable of
covering claims attaching to the debt securities and which, in the event of bankruptcy of the issuer, would be used on a priority basis for the
reimbursement of the principal and payment of the accrued interest. Such debt securities need not be included in the calculation of the limit
of 40% referred to in sub-paragraph (a) above, but no more than 80% of any Fund’s net assets may be invested in such debt securities of
issuers in each of which more than 5% of the Fund’s assets are invested.

(b) more than 10% of the net assets of the relevant Fund would be invested in securities exclusively listed and/or traded on a Russian Regulated
Market (except the Moscow Exchange MICEX-RTS - formerly known as Russian Trading Stock Exchange and the Moscow Interbank
Currency Exchange). Such securities will be included for the purpose of calculating the 10% limit referred to in Section I, 1, (c) above;

(c) more than 10% of the net assets of the relevant Fund would be invested, in aggregate, in UCITS and/or other UCIs, unless a different specific
investment restriction is mentioned in the relevant Fund Information Sheet in Annex 2. For the purpose of this provision, each fund of a UCITS
or UCI with multiple compartments shall be considered as a separate issuer, provided that the principle of segregation of liabilities of the
different compartments is ensured in relation to third parties. The terms and conditions of investments in undertakings for which the
Investment Adviser or Affiliates act directly or indirectly as investment adviser must be in the best interest of the Company and its
Shareholders, in particular with respect to the avoidance of double-charging of investment advisory fees (as described under “Expenses”).

(d) notwithstanding the 10% limit referred to under (c) above, the Company can decide, under the conditions provided for in Chapter 9 of the 2010
Law, as may be amended, that a Fund (“Feeder”) may invest 85% or more of its assets in units or shares of another UCITS (“Master”)
authorised according to Directive 2009/65/EC (or a portfolio of such UCITS).

(e) more than 20% of the net assets of any Fund would be invested in deposits made with the same body.

(f) any Fund’s uncollateralized risk exposure to a counterparty in an OTC Derivative transaction would exceed 10% of its net assets when the
counterparty is a credit institution referred to in sub-paragraph 1.(e) above, or 5% of its net assets in other cases.

(g) the Company or any one Fund would hold more than 10% of any class of securities of any issuer (other than a UCI or UCITS), or the
Company would hold shares carrying voting rights that would enable it to take legal or management control or to exercise significant influence
over the management of the issuing body.

(h) the Company or any one Fund would hold more than 25% of the units of a single UCI or UCITS.

The above ceilings do not apply in respect of transferable securities or money market instruments issued or guaranteed by a Member State, its
local authorities, any other Eligible Investment Country or a public international body of which one or more Member States are members.

34 | Prospectus Capital International Fund

 (i) subject to the following paragraph, the combination of the following instruments would exceed 20% of the net assets of any Fund:

(i) transferable securities or money market instruments issued by a single body; and/or

(ii) deposits made with the same body; and/or

(iii) exposures arising from OTC Derivative transactions undertaken with the same body.

(j) the combination of the following instruments would exceed 35% of the net assets of any Fund:

(i) transferable securities or money market instruments issued by a single body in accordance with sub-paragraph 3.(a)(i) above; and/or

(ii) certain debt securities issued by the same body in accordance with sub-paragraph 3.(a)(iii) above; and/or

(iii) deposits made with the same body in accordance with sub-paragraph 3.(c) above; and/or

(iv) exposures arising from OTC Derivative transactions undertaken with the same body in accordance with sub-paragraph 3.(d) above.

A company that is included in a group for the purposes of consolidated accounts, as defined in Directive 83/349/EEC or in accordance with
recognised international accounting rules, is regarded as a single body for the purpose of calculating the investment limits referred to above in this
paragraph 3.

The Company may invest up to 20% of the net assets of any Fund in transferable securities and/or money market instruments within the same group.

Further, a Fund can, under the conditions provided for in article 181 paragraph 8 of the 2010 Law, as may be amended, invest in the shares issued
by one or several other Funds of the Company.

4. The Company will ensure that each Fund’s global exposure relating to derivative instruments does not exceed its total net assets. The global
exposure to the underlying assets must not exceed the investment limits referred to in this Section II. When a transferable security or money market
instrument embeds a derivative, the latter must be taken into account when complying with this paragraph 4. Exposure is calculated taking into
account the current value of the underlying assets, the counterparty risk, future market movements and the time available to liquidate the position.

If the above limitations are exceeded for reasons beyond the control of the Company or as a result of the exercise of subscription rights, the Company’s
priority objective for its sales transactions must be to remedy that situation, taking account of the interests of Shareholders.

For defensive reasons, the assets of any Fund may be held temporarily in securities of one, or a few, States and denominated in one, or a few, currencies.

III. Liquid Assets

The Funds may hold ancillary liquid assets in various convertible currencies.

IV. Unauthorised Investments

5. The Company will not make investments in:

(a) precious metals or certificates representing them, or commodities;

(b) real estate or any option, right or interest in real estate, provided that the Company may invest in securities secured upon, or issued by
companies which invest in, real estate or interests in real estate; and

(c) securities purchased on margin (except such short-term credit obtained as necessary for the clearance of purchases and sales of securities) or
in uncovered sales of securities, money market instruments or other financial instruments.

6. In addition the Company will not:

(a) make loans out of or secured upon its assets or assume liability for any obligation or indebtedness of any third person;

(b) borrow, except from a bank, as a temporary and extraordinary measure for purposes other than investment, and then not in excess of 10% of the
net assets of the relevant Fund, provided that the acquisition of securities in partly paid form will not be deemed to constitute a borrowing; and

(c) make investments in any assets involving the assumption of unlimited liability.

7. The Company may purchase securities on a when-issued basis, and it may purchase or sell securities for delayed delivery. These transactions
occur when securities are purchased or sold with payment and delivery taking place in the future to secure what is considered an advantageous
yield and price to the relevant Fund at the time of entering into the transaction. Sufficient cash (in the case of purchases) or securities (in the case
of sales) will be blocked within the relevant Portfolio in order to enable the Company to meet its obligation on payment and delivery date and satisfy
redemption orders.

8. The United Nations Convention on Cluster Munitions was signed in December 2008 and came into force on 1 August 2010. It was ratified by the
Luxembourg government through the law of 4 June 2009 that prohibits all use, stockpiling, production and transfer of cluster munitions. The law of
4 June 2009 also prohibits all persons, businesses and corporate entities from knowingly financing cluster munitions. The Investment Advisers
have implemented procedures to comply with the above obligations.

Capital International Fund Prospectus | 35

Annex 2: Fund Information Sheets
Each Fund Information Sheet forms an integral part of the Prospectus and should be read in conjunction with the full information contained in it.

Equity

1. Capital Group New Perspective Fund (LUX) 36

2. Capital Group Global Equity Fund (LUX) 38
3. Capital Group World Growth and Income (LUX) 40
4. Capital Group Global Growth and Income Fund (LUX) 42
5. Capital Group World Dividend Growers (LUX) 44
6. Capital Group New Economy Fund (LUX) 46
7. Capital Group New World Fund (LUX) 48
8. Capital Group Emerging Markets Growth Fund (LUX) 50
9. Capital Group Japan Equity Fund (LUX) 52
10. Capital Group European Growth and Income Fund (LUX) 54
11. Capital Group AMCAP Fund (LUX) 56
12. Capital Group Investment Company of America (LUX) 58

Multi-Asset

13. Capital Group Capital Income Builder (LUX) 60

14. Capital Group Global Allocation Fund (LUX) 62
15. Capital Group Emerging Markets Total Opportunities (LUX) 64

Fixed Income

16. Capital Group Global Bond Fund (LUX) 66

17. Capital Group Global Intermediate Bond Fund (LUX) 68
18. Capital Group Euro Bond Fund (LUX) 70
19. Capital Group Global Corporate Bond Fund (LUX) 72
20. Capital Group Euro Corporate Bond Fund (LUX) 74
21. Capital Group US Corporate Bond Fund (LUX) 76
22. Capital Group Global High Income Opportunities (LUX) 78
23. Capital Group US High Yield Fund (Lux) 80
24. Capital Group Emerging Markets Debt Fund (LUX) 82
25. Capital Group Emerging Markets Local Currency Debt Fund (LUX) 84

36 | Prospectus Capital International Fund

Annex 2.1: Fund Information Sheet

Capital Group New Perspective Fund (LUX)

Launch Date 30 October 2015

Investment Objective The Fund’s primary investment objective is to provide long-term growth of capital. Future income is a secondary
objective. The Fund seeks to take advantage of investment opportunities generated by changes in international
trade patterns and economic and political relationships by investing in common stocks of companies located
around the world.
In pursuing its primary investment objective, the Fund invests primarily in common stocks that the Investment
Adviser believes have the potential for growth. In pursuing its secondary objective, the Fund invests in common
stocks of companies with the potential to pay dividends in the future.
Profile of the typical investor The Fund is particularly suitable for investors seeking long-term capital growth through investments in global
Equities.
Eligible Investment Countries Any country.
Specific Investment Guidelines 1. The Fund may invest up to 10% of its assets in nonconvertible debt securities rated Baa1 or below and BBB+
and Restrictions or below by NRSROs designated by the Investment Adviser or unrated but determined by the Investment
Adviser to be of equivalent quality. If rating agencies differ, securities will be considered to have received the
highest of these ratings.
2. The Fund may invest up to 5% of its assets in nonconvertible debt securities rated Ba1 or below and BB+ or
below by NRSROs designated by the Investment Adviser or unrated but determined by the Investment
Adviser to be of equivalent quality.
3. The Fund may invest in contingent convertible bonds which will not exceed 5% of the net assets of the Fund.
Specific Risks Equities, Emerging Markets, contingent convertible bonds
Investment Adviser CRMC. CRMC may manage other funds with similar names, investment objectives and strategies, including New
Perspective Fund, a U.S. mutual fund which is not available for public offering under any circumstances outside of
the United States of America. Investment decisions are generally implemented concurrently in New Perspective
Fund and the Fund. Different investment decisions may be made for the Fund based on cash flow variations with
New Perspective Fund and when concurrent investment is not appropriate due to various factors, including
investment limitations. When making different investment decisions, the Investment Adviser seeks to achieve
investment results similar to those of New Perspective Fund. However, the results of such funds may vary
depending on a number of factors, including, but not limited to, fees and expenses, fund size, transaction costs,
cash flows, currencies, securities pricing time, taxes, and portfolio holdings and any applicable investment
limitations. Policies and procedures have been designed to ensure that the funds with similar names, objectives
and strategies are each treated fairly, including the allocation of securities transactions.
Base Currency USD
Valuation Date Each Business day, other than days (as determined by the Board or the Management Company at their
discretion) on which any market(s) representing a meaningful portion of the Fund’s portfolio is closed. For the
purpose of this paragraph, the market to be considered is the market where the relevant instrument is traded. (A
list of such dates is available on capitalgroup.com/international)
Calculation method of the risk The methodology used in order to calculate the global exposure resulting from the use of financial derivative
exposure instruments is the commitment approach in accordance with the CSSF Circular 11/512.
Hedged Equivalent Classes The Fund will aim at hedging, with a reasonable margin of tolerance, the main currency exposure of the Fund
back into the currency referred to in the relevant Class’s designation. It is expected that the resulting effective
hedge ratio (i.e. the percentage exposure in the currency of the hedged share class) will typically be in the range
of 80% to 100%. The list of available Hedged Equivalent Classes can be found online on the Management
Company’s webpage at capitalgroup.com/international
Cut-Off Time 1:00pm Luxembourg time on every Valuation Date
Fiscal year-end 31 December in each year
Fees and charges Fund Administration Fee 1 0.15% maximum
Depositary and Custody Fees 2
0.05% maximum
Sales Charge 5.25% maximum

1 Effective rate varies with the total assets of the Fund up to the indicated maximum.
2 Effective rate varies with the total assets of the Fund and with the country breakdown in the Portfolio up to the indicated maximum.

Capital International Fund Prospectus | 37

Capital Group New Perspective Fund (LUX)

Minimum Initial Investment and Amount held at any time Management Fee

Class A4, A7, A9, A11 and Equivalent

A4 $10 million or equivalent 0.530%

A7 $100 million or equivalent 0.430%

A9 $250 million or equivalent 0.400%

A11 $500 million or equivalent 0.380%

Class C and Equivalent

C None Charged outside the Company

Class B and Equivalent

B None 1.50%

Class T and Equivalent

T None 1.75%

Class N and Equivalent

N None 2.15%

Class Z and Equivalent

Z None 0.75%

Class ZL and Equivalent

ZL $500 million or equivalent 0.565%

38 | Prospectus Capital International Fund

Annex 2.2: Fund Information Sheet

Capital Group Global Equity Fund (LUX)

Launch Date 31 December 1969 1

Investment Objective Long-term capital growth through investment primarily in listed Equity, researched and selected on a world-wide
basis. Unlisted securities may also be purchased, subject to the relevant provisions of the “General Investment
Guidelines and Restrictions”.
Profile of the typical investor The Fund is particularly suitable for investors seeking long-term capital growth through investment primarily in
global Equities.
Eligible Investment Countries Any country that is included at any time in the MSCI World Index, and Luxembourg.
Specific Investment Guidelines n/a
and Restrictions
Specific Risks Equities
Investment Adviser CRMC
Investment Sub-Adviser CISA
Base Currency EUR
Valuation Date Each Business day, other than days (as determined by the Board or the Management Company at their
discretion) on which any market(s) representing a meaningful portion of the Fund’s portfolio is closed. For the
purpose of this paragraph, the market to be considered is the market where the relevant instrument is traded. (A
list of such dates is available on capitalgroup.com/international)
Calculation method of the risk The methodology used in order to calculate the global exposure resulting from the use of financial derivative
exposure instruments is the commitment approach in accordance with the CSSF Circular 11/512.
Hedged Equivalent Classes The Fund will aim at hedging, with a reasonable margin of tolerance, the main currency exposure of the Fund
back into the currency referred to in the relevant Class’s designation. It is expected that the resulting effective
hedge ratio (i.e. the percentage exposure in the currency of the hedged share class) will typically be 50%. The list
of available Hedged Equivalent Classes can be found online on the Management Company’s webpage at
capitalgroup.com/international
Cut-Off Time 1:00pm Luxembourg time on every Valuation Date
Fiscal year-end 31 December in each year
Fees and charges Fund Administration Fee 2 0.15% maximum
Depositary and Custody Fees 3
0.05% maximum
Sales Charge 5.25% maximum

1 Single compartment of Capital International Fund until 23 August 2002.

2 Effective rate varies with the total assets of the Fund up to the indicated maximum.
3 Effective rate varies with the total assets of the Fund and with the country breakdown in the Portfolio up to the indicated maximum.

Capital International Fund Prospectus | 39

 Capital Group Global Equity Fund (LUX)

Minimum Initial Investment and Amount held at any time Management Fee

Class A4, A7, A9, A11 and Equivalent

A4 $10 million or equivalent 0.530%

A7 $100 million or equivalent 0.430%

A9 $250 million or equivalent 0.400%

A11 $500 million or equivalent 0.380%

Class C and Equivalent

C None Charged outside the Company

Class B and Equivalent

B None 1.50%

Class T and Equivalent

T None 1.75%

Class N and Equivalent

N None 2.15%

Class Z and Equivalent

Z None 0.75%

40 | Prospectus Capital International Fund

 Annex 2.3: Fund Information Sheet

Capital Group World Growth and Income (LUX)

Launch Date To be determined

Investment Objective The Fund’s investment objective is to provide long-term growth of capital while providing current income. The
Fund invests primarily in common stocks of companies located around the world, many of which have the
potential to pay dividends.
Profile of the typical investor The Fund is particularly suitable for investors seeking long-term capital growth and income through investments in
global Equities.
Eligible Investment Countries Any country.
Specific Investment Guidelines 1. The Fund will invest primarily in Equity securities.
and Restrictions 2. The Fund may invest up to 10% of its assets in straight debt securities (i.e., not convertible into equity) rated
Baa1 or below and BBB+ or below by NRSROs designated by the Investment Adviser or unrated but
determined by the Investment Adviser to be of equivalent quality. If rating agencies differ, securities will be
considered to have received the highest of these ratings.
3. The Fund may invest up to 5% of its assets in straight debt securities (i.e., not convertible into equity) rated
Ba1 or below and BB+ or below by NRSROs designated by the Investment Adviser or unrated but
determined by the Investment Adviser to be of equivalent quality.
4. The Fund may invest in contingent convertible bonds which will not exceed 5% of the net assets of the
Fund.
5. The Fund may invest via the Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock
Connect into A-shares up to 5% of the net assets of the Fund.
6. The Fund may invest on the China Interbank Bond Market up to 3% of the net assets of the Fund, either
directly or via Bond Connect.
Specific Risks Equities, Emerging Markets, contingent convertible bonds, Shanghai-Hong Kong Stock Connect and Shenzhen-
Hong Kong Stock Connect, China Interbank Bond Market
Investment Adviser CRMC. CRMC may manage other funds with similar names, investment objectives and strategies, including
Capital World Growth and Income Fund®, a U.S. mutual fund which is not available for public offering under any
circumstances outside of the United States of America. Investment decisions are generally implemented
concurrently in Capital World Growth and Income Fund® and the Fund. Different investment decisions may be
made for the Fund based on cash flow variations with Capital World Growth and Income Fund® and when
concurrent investment is not appropriate due to various factors, including investment limitations. When making
different investment decisions, the Investment Adviser seeks to achieve investment results similar to those of
Capital World Growth and Income Fund®. However, the results of such funds may vary depending on a number
of factors, including, but not limited to, fees and expenses, fund size, transaction costs, cash flows, currencies,
securities pricing time, taxes, and portfolio holdings and any applicable investment limitations. Policies and
procedures have been designed to ensure that the funds with similar names, objectives and strategies are each
treated fairly, including the allocation of securities transactions.
Base Currency USD
Valuation Date Each Business day, other than days (as determined by the Board or the Management Company at their
discretion) on which any market(s) representing a meaningful portion of the Fund’s portfolio is closed. For the
purpose of this paragraph, the market to be considered is the market where the relevant instrument is traded. (A
list of such dates is available on capitalgroup.com/international)
Calculation method of the risk The methodology used in order to calculate the global exposure resulting from the use of financial derivative
exposure instruments is the commitment approach in accordance with the CSSF Circular 11/512.
Hedged Equivalent Classes The Fund will aim at hedging, with a reasonable margin of tolerance, the main currency exposure of the Fund
back into the currency referred to in the relevant Class’s designation. It is expected that the resulting effective
hedge ratio (i.e. the percentage exposure in the currency of the hedged share class) will typically be in the range
of 80% to 100%. The list of available Hedged Equivalent Classes can be found online on the Management
Company’s webpage at capitalgroup.com/international
Launch Date subscription cut- All launch date subscriptions will need to be received no later than 5:00pm CET three Business Days before the
off time Launch Date. All subscriptions received after this date will be processed on the relevant Valuation Date after the
Launch Date.
Cut-Off Time 1:00pm Luxembourg time on every Valuation Date
Fiscal year-end 31 December in each year
Fees and charges Fund Administration Fee 1 0.15% maximum
Depositary and Custody Fees 2 0.05% maximum
Sales Charge 5.25% maximum

1 Effective rate varies with the total assets of the Fund up to the indicated maximum.
2 Effective rate varies with the total assets of the Fund and with the country breakdown in the Portfolio up to the indicated maximum.

Capital International Fund Prospectus | 41

Capital Group World Growth and Income (LUX)

Minimum Initial Investment and Amount held at any time Management Fee

Class A4, A7, A9, A11 and Equivalent

A4 $10 million or equivalent 0.530%

A7 $100 million or equivalent 0.430%

A9 $250 million or equivalent 0.400%

A11 $500 million or equivalent 0.380%

Class C and Equivalent

C None Charged outside the Company

Class B and Equivalent

B None 1.50%

Class T and Equivalent

T None 1.75%

Class N and Equivalent

N None 2.15%

Class Z and Equivalent

Z None 0.75%

42 | Prospectus Capital International Fund

Annex 2.4: Fund Information Sheet

Capital Group Global Growth and Income Fund (LUX)

Launch Date 31 January 2008

Investment Objective Long-term capital growth and income through investment primarily in listed Equity, researched and selected on a
world-wide basis. Preservation of capital is also a priority. Unlisted securities may also be purchased, subject to
the relevant provisions of the “General Investment Guidelines and Restrictions”.
Profile of the typical investor The Fund is particularly suitable for investors seeking long-term capital growth and income through investment
primarily in global Equities.
Eligible Investment Countries Any country that is included at any time in the MSCI All Country World Index and Luxembourg.
Specific Investment Guidelines n/a
and Restrictions
Specific Risks Equities, Emerging Markets
Investment Adviser CRMC
Base Currency USD
Valuation Date Each Business day, other than days (as determined by the Board or the Management Company at their
discretion) on which any market(s) representing a meaningful portion of the Fund’s portfolio is closed. For the
purpose of this paragraph, the market to be considered is the market where the relevant instrument is traded. (A
list of such dates is available on capitalgroup.com/international)

Calculation method of the risk The methodology used in order to calculate the global exposure resulting from the use of financial derivative
exposure instruments is the commitment approach in accordance with the CSSF Circular 11/512.
Cut-Off Time 1:00pm Luxembourg time on every Valuation Date
Fiscal year-end 31 December in each year
Fees and charges Fund Administration Fee 1 0.15% maximum
Depositary and Custody Fees 2
0.05% maximum
Sales Charge 5.25% maximum

1 Effective rate varies with the total assets of the Fund up to the indicated maximum.
2 Effective rate varies with the total assets of the Fund and with the country breakdown in the Portfolio up to the indicated maximum.

Capital International Fund Prospectus | 43

Capital Group Global Growth and Income Fund (LUX)

Minimum Initial Investment and Amount held at any time Management Fee

Class A4, A7, A9, A11 and Equivalent

A4 $10 million or equivalent 0.530%

A7 $100 million or equivalent 0.430%

A9 $250 million or equivalent 0.400%

A11 $500 million or equivalent 0.380%

Class C and Equivalent

C None Charged outside the Company

Class B and Equivalent

B None 1.50%

Class T and Equivalent

T None 1.75%

Class N and Equivalent

N None 2.15%

Class Z and Equivalent

Z None 0.75%

44 | Prospectus Capital International Fund

Annex 2.5: Fund Information Sheet

Capital Group World Dividend Growers (LUX)

Launch Date 6 August 2013

Investment Objective The Fund aims to provide long-term total returns. The Fund will seek to meet this objective by investing primarily
in listed Equity securities of companies worldwide that the Investment Adviser believes have the potential to
provide combinations of current yield and dividend growth over the long term.
Profile of the typical investor The Fund is designed for investors seeking long-term total returns through investment primarily in Equity
securities of companies worldwide.
Eligible Investment Countries Any country.
Specific Investment Guidelines 1. Unlisted securities may also be purchased, subject to the relevant provisions of the “General Investment
and Restrictions Guidelines and Restrictions”.
2. The Fund may invest via the Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect
into A-shares on an ancillary basis.
Specific Risks Equities, Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect
Investment Adviser CRMC
Investment Sub-Adviser CISA
Base Currency USD
Valuation Date Each Business day, other than days (as determined by the Board or the Management Company at their
discretion) on which any market(s) representing a meaningful portion of the Fund’s portfolio is closed. For the
purpose of this paragraph, the market to be considered is the market where the relevant instrument is traded. (A
list of such dates is available on capitalgroup.com/international)
Calculation method of the risk The methodology used in order to calculate the global exposure resulting from the use of financial derivative
exposure instruments is the commitment approach in accordance with the CSSF Circular 11/512.
Hedged Equivalent Classes The Fund will aim at hedging, with a reasonable margin of tolerance, the main currency exposure of the Fund
back into the currency referred to in the relevant Class’s designation. It is expected that the resulting effective
hedge ratio (i.e. the percentage exposure in the currency of the hedged share class) will typically be in the range
of 80% to 100%. The list of available Hedged Equivalent Classes can be found online on the Management
Company’s webpage at capitalgroup.com/ international
Cut-Off Time 1:00pm Luxembourg time on every Valuation Date
Fiscal year-end 31 December in each year
Fees and charges Fund Administration Fee 1 0.15% maximum
Depositary and Custody Fees 2
0.05% maximum
Sales Charge 5.25% maximum

1 Effective rate varies with the total assets of the Fund up to the indicated maximum.
2 Effective rate varies with the total assets of the Fund and with the country breakdown in the Portfolio up to the indicated maximum.

Capital International Fund Prospectus | 45

Capital Group World Dividend Growers (LUX)

Minimum Initial Investment and Amount held at any time Management Fee

Class A4, A7, A9, A11 and Equivalent

A4 $10 million or equivalent 0.530%

A7 $100 million or equivalent 0.430%

A9 $250 million or equivalent 0.400%

A11 $500 million or equivalent 0.380%

Class C and Equivalent

C None Charged outside the Company

Class B and Equivalent

B None 1.50%

Class T and Equivalent

T None 1.75%

Class N and Equivalent

N None 2.15%

Class Z and Equivalent

Z None 0.75%

46 | Prospectus Capital International Fund

 Annex 2.6: Fund Information Sheet

Capital Group New Economy Fund (LUX)

Launch Date to be determined

Investment Objective The investment objective of the Fund is long-term growth of capital. Current income is a secondary consideration.
The Fund seeks to achieve its objectives by investing in securities of companies that can benefit from innovation,
exploit new technologies or provide products and services that meet the demands of an evolving global economy. In
pursuing its investment objectives, the Fund invests primarily in common stocks that the Investment Adviser believes
have the potential for growth. The Fund also invests in common stocks with the potential to pay dividends. The Fund
may invest a significant portion of its assets in issuers based outside the United States, including those based in
developing countries.
On an ancillary basis, as described below in the “Specific Investment Guidelines and Restrictions”, the Fund may
invest into non-convertible debt securities.
Profile of the typical investor The Fund is particularly suitable for investors seeking long-term capital growth through investments in global
Equities.
Eligible Investment Countries Any country that is included at any time in the MSCI All Country World Index, Luxembourg and Emerging Markets.
Specific Investment Guidelines 1. The Fund may invest up to 10% of its assets in nonconvertible debt securities rated Baa1 or below and BBB+ or
and Restrictions below by NRSROs designated by the Fund’s Investment Adviser or unrated but determined to be of equivalent
quality by the Fund’s Investment Adviser. If rating agencies differ, securities will be considered to have received
the highest of these ratings.
2. The Fund may invest up to 45% of its assets in securities of issuers domiciled outside the United States. In
determining the domicile of an issuer, the Fund’s Investment Adviser will consider the domicile determination of a
leading provider of global indexes, such as Morgan Stanley Capital International, and may also take into account
such factors as where the issuer’s securities are listed and where the issuer is legally organized, maintains
principal corporate offices, conducts its principal operations and/or generates revenues.
Specific Risks Equities, Emerging Markets, Bonds
Investment Adviser CRMC. CRMC may manage other funds with similar names, investment objectives and strategies, including New
Economy Fund, a U.S. mutual fund which is not available for public offering under any circumstances outside of the
United States of America. Investment decisions are generally implemented concurrently in New Economy Fund and
the Fund. Different investment decisions may be made for the Fund based on cash flow variations with New
Economy Fund and when concurrent investment is not appropriate due to various factors, including investment
limitations. When making different investment decisions, the Investment Adviser seeks to achieve investment results
similar to those of New Economy Fund. However, the results of such funds may vary depending on a number of
factors, including, but not limited to, fees and expenses, fund size, transaction costs, cash flows, currencies,
securities pricing time, taxes, and portfolio holdings and any applicable investment limitations. Policies and
procedures have been designed to ensure that the funds with similar names, objectives and strategies are each
treated fairly, including the allocation of securities transactions.
Base Currency USD
Valuation Date Each Business day, other than days (as determined by the Board or the Management Company at their discretion)
on which any market(s) representing a meaningful portion of the Fund’s portfolio is closed. For the purpose of this
paragraph, the market to be considered is the market where the relevant instrument is traded. (A list of such dates is
available on capitalgroup.com/international)
Calculation method of the risk The methodology used in order to calculate the global exposure resulting from the use of financial derivative
exposure instruments is the commitment approach in accordance with the CSSF Circular 11/512.
Hedged Equivalent Classes to be determined
Cut-Off Time 1:00pm Luxembourg time on every Valuation Date
Launch Date subscription cut- All launch date subscriptions will need to be received no later than at 5:00pm CET three Business Days before the
off time Launch Date. All subscriptions received after this date will be processed on the relevant Valuation Date after the
Launch Date.
Fiscal year-end 31 December in each year
Fees and charges Fund Administration Fee11 0.15% maximum
Depositary and Custody Fees22 0.05% maximum
Sales Charge 5.25% maximum

1 Effective rate varies with the total assets of the Fund up to the indicated maximum.
2 Effective rate varies with the total assets of the Fund and with the country breakdown in the Portfolio up to the indicated maximum.

Capital International Fund Prospectus | 47

Capital Group New Economy Fund (LUX)

Minimum Initial Investment and Amount held at any time Management Fee

Class A4, A7, A9 and Equivalent

A4 $10 million or equivalent 0.530%

A7 $100 million or equivalent 0.430%

A9 $250 million or equivalent 0.400%

Class C and Equivalent

C None Charged outside the Company

Class B and Equivalent

B None 1.50%

Class T and Equivalent

T None 1.75%

Class N and Equivalent

N None 2.15%

Class Z and Equivalent

Z None 0.75%

48 | Prospectus Capital International Fund

Annex 2.7: Fund Information Sheet

Capital Group New World Fund (LUX)

Launch Date 28 October 2016

Investment Objective The Fund’s investment objective is long-term capital appreciation. The Fund invests primarily in common stocks of
companies with significant exposure to countries with developing economies and/or markets. Many of these
countries may be referred to as emerging countries or emerging markets. The Fund may also invest in debt
securities of issuers, including issuers of lower rated bonds (rated Ba1 or below and BB+ or below by NRSROs
designated by the Investment Adviser or unrated but determined by the Investment Adviser to be of equivalent
quality), with exposure to these countries.
Profile of the typical investor The Fund is particularly suitable for investors seeking long-term capital appreciation through investments in global
Equities.
Eligible Investment Countries Any country.
Specific Investment Guidelines 1. The Fund will generally invest at least 35% of its assets in equity and debt securities of issuers based primarily
and Restrictions in qualified countries that have developing economies and/or markets. In determining whether a country is
qualified, the Investment Adviser will consider such factors as the country’s per capita gross domestic product,
the percentage of the country’s economy that is industrialized, market capital as a percentage of gross
domestic product, the overall regulatory environment, the presence of government regulation limiting or banning
foreign ownership, and restrictions on repatriation of initial capital, dividends, interest and/or capital gains. The
Investment Adviser will maintain a list of qualified countries and securities in which the Fund may invest.
Qualified developing countries in which the Fund may invest currently is available on
capitalgroup.com/international.
2. The Fund may invest its assets in equity securities of any company, regardless of where it is based, if the
Investment Adviser determines that a significant portion of its assets or revenues is attributable to developing
countries.
3. The Fund may invest its assets in nonconvertible debt securities, including government bonds and securities
rated Ba1 or below and BB+ or below by NRSROs designated by the Investment Adviser or unrated but
determined to be of equivalent quality, of issuers primarily based in qualified countries with developing
economies and/or markets, or of issuers that the Investment Adviser determines have a significant portion of
their assets or revenues attributable to developing countries. If rating agencies differ, securities will be
considered to have received the highest of these ratings.
4. The Fund may use interest rate swaps, CDX, futures and options on futures.
5. The Fund may invest up to 3% in distressed securities.
6. The Fund may invest in contingent convertible bonds which will not exceed 5% of the net assets of the Fund.
7. The Fund may invest via the Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect
into A-shares on an ancillary basis.
8. The Fund may invest on the China Interbank Bond Market up to 3% of the net assets of the Fund, either directly
or via Bond Connect.
Specific Risks Equities, Bonds, Emerging Markets, OTC Markets, High Yield Bonds, contingent convertible bonds, derivative
instruments, distressed securities, Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect,
China Interbank Bond Market, Bond Connect
Investment Adviser CRMC. CRMC may manage other funds with similar names, investment objectives and strategies, including New
World Fund, a U.S. mutual fund which is not available for public offering under any circumstances outside of the
United States of America. Investment decisions are generally implemented concurrently in New World Fund and
the Fund. Different investment decisions may be made for the Fund based on cash flow variations with New World
Fund and when concurrent investment is not appropriate due to various factors, including investment limitations, or,
in the case of fixed-income securities, Fund size and standard market trading sizes or availability of securities.
When making different investment decisions, the Investment Adviser seeks to achieve investment results similar to
those of New World Fund. However, the results of such funds may vary depending on a number of factors,
including, but not limited to, fees and expenses, fund size, transaction costs, cash flows, currencies, securities
pricing time, taxes, and portfolio holdings and any applicable investment limitations. Policies and procedures have
been designed to ensure that the funds with similar names, objectives and strategies are each treated fairly,
including the allocation of securities transactions.
Base Currency USD
Valuation Date Each Business day, other than days (as determined by the Board or the Management Company at their discretion)
on which any market(s) representing a meaningful portion of the Fund’s portfolio is closed. For the purpose of this
paragraph, the market to be considered is the market where the relevant instrument is traded. (A list of such dates
is available on capitalgroup.com/international)
Calculation method of the risk The methodology used in order to calculate the global exposure resulting from the use of financial derivative
exposure instruments is the commitment approach in accordance with the CSSF Circular 11/512.
Hedged Equivalent Classes The Class will aim at hedging 100% (with a reasonable margin of tolerance) of its total net assets, from USD
(regardless of the underlying current exposure of the portfolio to USD) into the currency referred to in the relevant
Class’s designation.
Cut-Off Time 1:00pm Luxembourg time on every Valuation Date
Subscription Pre-notification For subscription requests above $25,000,000 or equivalent, three Week Days before the relevant
Date Valuation Date

Capital International Fund Prospectus | 49

 Redemption Pre-notification For redemption requests above $25,000,000 or equivalent, three Week Days before the relevant
Date Valuation Date
Fiscal year-end 31 December in each year
Fees and charges Fund Administration Fee 1 0.15% maximum
Depositary and Custody Fees 2 0.08% maximum
Sales Charge 5.25% maximum

Capital Group New World Fund (LUX)

Minimum Initial Investment and Amount held at any time Management Fee

Class A4, A7, A9 and Equivalent

A4 $10 million or equivalent 0.650%

A7 $100 million or equivalent 0.590%

A9 $250 million or equivalent 0.560%

Class C and Equivalent

C None Charged outside the Company

Class B and Equivalent

B None 1.75%

Class T and Equivalent

T None 2.00%

Class N and Equivalent

N None 2.40%

Class Z and Equivalent

Z None 0.875%

Class ZL and Equivalent

ZL $250 million or equivalent 0.75%

1 Effective rate varies with the total assets of the Fund up to the indicated maximum.
2 Effective rate varies with the total assets of the Fund and with the country breakdown in the Portfolio up to the indicated maximum.

50 | Prospectus Capital International Fund

Annex 2.8: Fund Information Sheet

Capital Group Emerging Markets Growth Fund (LUX)

Launch Date 31 May 1990 1

Investment Objective The Fund seeks risk diversification, both geographically and by industry sector and long-term capital growth,
through investment primarily in common stocks and other equity securities of issuers domiciled in or conducting
a predominant part of their economic activities in Emerging Markets. These are usually listed or traded on other
Regulated Markets. Unlisted securities may also be purchased, subject to the relevant provisions of the “General
Investment Guidelines and Restrictions”.
Profile of the typical investor The Fund is particularly suitable for investors seeking long-term capital growth through investment in Emerging
Markets securities.
Eligible Investment Countries Emerging Markets, including countries that have been designated for investment by the Fund’s Investment
Advisers as Qualified Developing Countries. Qualified Developing Countries in which the Fund may invest
currently is available on capitalgroup.com/international.
Specific Investment Guidelines 1. The Fund may invest up to 10% in securities of issuers that are not in Emerging Markets, but that have or
and Restrictions will have substantial assets in Emerging Markets, or derive or expect to derive a substantial proportion of
their total revenue or profit from goods or services produced in or sales made in Emerging Markets,
provided however that this 10% limit will not apply where the “substantial portion” referred to above is at
least equal to 75%.
2. The Fund may invest up to 10% in securities of issuers in Emerging Markets that are not designated as
Qualified Developing Countries, but that have or will have substantial assets in Qualified Developing
Countries, or derive or expect to derive a substantial proportion of their total revenue or profit from goods or
services produced in or sales made in Qualified Developing Countries.
3. The Fund may invest up to 10% in fixed-income securities and other transferable securities.
4. The Fund may invest via the Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect
into A-shares on an ancillary basis.
5. The Fund may invest up to 30% in any one industry.
6. The Fund may invest up to 35% in any one country.
7. The Fund may engage in currency hedging, not exceeding, for each currency, 95% of the value of the
Fund’s assets denominated in, and/or directly exposed to the risk of, such currency.
Specific Risks Equities, Emerging Markets, Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect,
OTC Markets
Investment Advisers CISA and CII. CISA has responsibility for investing the Fund’s assets globally outside of the People’s Republic
of China and CII has primary responsibility for investing the Fund’s assets in the People’s Republic of China.
Base Currency USD
Valuation Date Each Business Day, other than days (as determined by the Board or the Management Company at their
discretion) on which any market(s) representing a meaningful portion of the Fund’s Portfolio is closed. For the
purpose of this paragraph, the market to be considered is the market where the relevant instrument is traded. (A
list of such dates is available on capitalgroup.com/international)
Calculation method of the The methodology used in order to calculate the global exposure resulting from the use of financial derivative
risk exposure instruments is the commitment approach in accordance with the CSSF Circular 11/512.
Cut-Off Time 1:00 pm Luxembourg time on every Valuation Date, Subscription Pre-notification Date and Redemption Pre-
notification Date
Subscription Pre-notification For subscription requests above $50,000,000 or equivalent, three Week Days before the relevant Valuation Date
Date
Redemption Pre-notification For redemption requests above $50,000,000 or equivalent, three Week Days before the relevant Valuation Date
Date
Fiscal year-end 31 December in each year
Fees and charges Fund Administration Fee 2 0.15% maximum
Depositary and Custody Fees 3
0.13% maximum
Sales Charge 5.25% maximum

1 Launch date of Capital International Emerging Markets Fund (LUX) as Capital Group standalone Luxembourg SICAV.
2 Effective rate varies with the total assets of the Fund up to the indicated maximum.
3 Effective rate varies with the total assets of the Fund and with the country breakdown in the Portfolio up to the indicated maximum.

Capital International Fund Prospectus | 51

Capital Group Emerging Markets Growth Fund (LUX)

Minimum Initial Investment and amount held at any time Management Fee
Class A7, A9, A11 and Equivalent
A7 $10 million or equivalent 0.80%
A9 $100 million or equivalent 0. 65%
A11 $250 million or equivalent 0. 60%
Class C and Equivalent
C None Charged outside the Company
Class B and Equivalent
B None 1.75%
Class T and Equivalent
T None 2.00%
Class N and Equivalent
N None 2.40%
Class Z and Equivalent
Z None 0.875%
Class P and Equivalent
P $100 million or equivalent 0.80%

52 | Prospectus Capital International Fund

Annex 2.9: Fund Information Sheet

Capital Group Japan Equity Fund (LUX)

Launch Date 20 April 2006

Investment Objective Long-term capital growth through investment primarily in listed Equity of issuers domiciled and/or having their
principal place of business in Japan. Unlisted securities may also be purchased, subject to the relevant provisions
of the “General Investment Guidelines and Restrictions”.
Profile of the typical investor The Fund is particularly suitable for investors seeking long-term capital growth through investment primarily in
Equities of issuers domiciled and/or having their principal place of business in Japan.
Eligible Investment Countries Japan
Specific Investment Guidelines n/a
and Restrictions
Specific Risks Equities
Investment Adviser CRMC
Investment Sub-Adviser CISA
Base Currency JPY
Valuation Date Each Business day, other than days (as determined by the Board or the Management Company at their
discretion) on which any market(s) representing a meaningful portion of the Fund’s portfolio is closed. For the
purpose of this paragraph, the market to be considered is the market where the relevant instrument is traded. (A
list of such dates is available on capitalgroup.com/international)
Calculation method of the risk The methodology used in order to calculate the global exposure resulting from the use of financial derivative
exposure instruments is the commitment approach in accordance with the CSSF Circular 11/512.
Hedged Equivalent Classes The Fund will aim at hedging, with a reasonable margin of tolerance, the main currency exposure of the Fund
back into the currency referred to in the relevant Class’s designation. It is expected that the resulting effective
hedge ratio (i.e. the percentage exposure in the currency of the hedged share class) will typically be 100%. The
list of available Hedged Equivalent Classes can be found online on the Management Company’s webpage at
capitalgroup.com/international
Cut-Off Time 1:00pm Luxembourg time on every Valuation Date
Subscription Pre-notification For subscription requests above €10 million or equivalent, three Week Days before the relevant Valuation Date
Date
Redemption Pre-notification For redemption requests above €10 million or equivalent, three Week Days before the relevant Valuation Date
Date
Fiscal year-end 31 December in each year
Fees and charges Fund Administration Fee 1 0.15% maximum
Depositary and Custody Fees 2
0.05% maximum
Sales Charge 5.25% maximum

1 Effective rate varies with the total assets of the Fund up to the indicated maximum.
2 Effective rate varies with the total assets of the Fund and with the country breakdown in the Portfolio up to the indicated maximum.

Capital International Fund Prospectus | 53

Capital Group Japan Equity Fund (LUX)

Minimum Initial Investment and Amount held at any time Management Fee

Class A4, A7, A9, A11 and Equivalent

A4 $10 million or equivalent 0.475%

A7 $100 million or equivalent 0.400%

A9 $250 million or equivalent 0.365%

A11 $500 million or equivalent 0.330%

Class C and Equivalent

C None Charged outside the Company

Class B and Equivalent

B None 1.50%

Class T and Equivalent

T None 1.75%

Class N and Equivalent

N None 2.15%

Class Z and Equivalent

Z None 0.75%

54 | Prospectus Capital International Fund

Annex 2.10: Fund Information Sheet

Capital Group European Growth and Income Fund (LUX)

Launch Date 30 October 2002

Investment Objective Long-term capital growth and income through investment primarily in listed Equity of issuers domiciled and/or
having their principal place of business in European States. Preservation of capital is also a priority. Unlisted
securities may also be purchased, subject to the relevant provisions of the “General Investment Guidelines and
Restrictions”.
Profile of the typical investor The Fund is particularly suitable for investors seeking long-term capital growth and income through investment
primarily in Equities of issuers domiciled and/or having their principal place of business in European countries.
Eligible Investment Countries Any country in Europe.
Specific Investment Guidelines 1. Up to 10% of the Fund’s assets may be invested in securities of issuers domiciled or having their principal
and Restrictions place of business in non-Eligible Investment Countries.
2. At least 75% of the Fund’s assets should be invested in Equities of issuers domiciled in a Member State of
the European Union, in a European Economic Area country or in the United Kingdom.
Specific Risks Equities
Investment Adviser CRMC
Base Currency EUR
Valuation Date Each Business day, other than days (as determined by the Board or the Management Company at their
discretion) on which any market(s) representing a meaningful portion of the Fund’s portfolio is closed. For the
purpose of this paragraph, the market to be considered is the market where the relevant instrument is traded. (A
list of such dates is available on capitalgroup.com/international)
Calculation method of the risk The methodology used in order to calculate the global exposure resulting from the use of financial derivative
exposure instruments is the commitment approach in accordance with the CSSF Circular 11/512.
Hedged Equivalent Classes The Fund will aim at hedging, with a reasonable margin of tolerance, the main currency exposure of the Fund
back into the currency referred to in the relevant Class’s designation. It is expected that the resulting effective
hedge ratio (i.e. the percentage exposure in the currency of the hedged share class) will typically be 100%. The
list of available Hedged Equivalent Classes can be found online on the Management Company’s webpage at
capitalgroup.com/international
Cut-Off Time 1:00pm Luxembourg time on every Valuation Date
Fiscal year-end 31 December in each year
Fees and charges Fund Administration Fee 1 0.15% maximum
Depositary and Custody Fees 2 0.05% maximum
Sales Charge 5.25% maximum

1 Effective rate varies with the total assets of the Fund up to the indicated maximum.
2 Effective rate varies with the total assets of the Fund and with the country breakdown in the Portfolio up to the indicated maximum.

Capital International Fund Prospectus | 55

Capital Group European Growth and Income Fund (LUX)

Minimum Initial Investment and Amount held at any time Management Fee

Class A4, A7, A9, A11 and Equivalent

A4 $10 million or equivalent 0.530%

A7 $100 million or equivalent 0.430%

A9 $250 million or equivalent 0.400%

A11 $500 million or equivalent 0.380%

Class C and Equivalent

C None Charged outside the Company

Class B and Equivalent

B None 1.50%

Class T and Equivalent

T None 1.75%

Class N and Equivalent

N None 2.15%

Class Z and Equivalent

Z None 0.75%

56 | Prospectus Capital International Fund

Annex 2.11: Fund Information Sheet

Capital Group AMCAP Fund (LUX)

Launch Date 16 June 2017

Investment Objective To provide long-term growth of capital. The Fund invests primarily in Equity of U.S. domiciled companies that
have solid long-term growth records and the potential for good future growth. The Fund may invest up to 10% of
its assets in Equity and other securities of issuers domiciled outside the United States.
Profile of the typical investor The Fund is particularly suitable for investors seeking long-term capital growth through investments primarily in
U.S. domiciled Equities
Eligible Investment Countries The USA and any country included at any time in the MSCI World Index, Luxembourg, and Emerging Markets
Specific Investment Guidelines 1. The Fund may invest up to 10% of its assets in securities of issuers domiciled outside the United States. In
and Restrictions determining the domicile of an issuer, the Investment Adviser will consider the domicile determination of a
leading provider of global indexes, such as Morgan Stanley Capital International, and may also take into
account such factors as where the issuer’s securities are listed and where the issuer is legally organized,
maintains principal corporate offices, conducts its principal operations and/or generates revenues.
2. The Fund may invest in contingent convertible bonds which will not exceed 5% of the net assets of the Fund.
Specific Risks Equities, contingent convertible bonds
Investment Adviser CRMC. CRMC may manage other funds with similar names, investment objectives and strategies, including
AMCAP Fund, a U.S. mutual fund which is not available for public offering under any circumstances outside of
the United States of America. Investment decisions are generally implemented concurrently in AMCAP Fund
and the Fund. Different investment decisions may be made for the Fund based on cash flow variations with
AMCAP Fund and when concurrent investment is not appropriate due to various factors, including investment
limitations. When making different investment decisions, the Investment Adviser seeks to achieve investment
results similar to those of AMCAP Fund. However, the results of such funds may vary depending on a number
of factors, including, but not limited to, fees and expenses, fund size, transaction costs, cash flows, currencies,
securities pricing time, taxes, and portfolio holdings and any applicable investment limitations. Policies and
procedures have been designed to ensure that the funds with similar names, objectives and strategies are each
treated fairly, including the allocation of securities transactions.
Base Currency USD
Valuation Date Each Business day, other than days (as determined by the Board or the Management Company at their
discretion) on which any market(s) representing a meaningful portion of the Fund’s portfolio is closed. For the
purpose of this paragraph, the market to be considered is the market where the relevant instrument is traded. (A
list of such dates is available on capitalgroup.com/international)
Calculation method of the risk The methodology used in order to calculate the global exposure resulting from the use of financial derivative
exposure instruments is the commitment approach in accordance with the CSSF Circular 11/512.
Hedged Equivalent Classes The Fund will aim at hedging, with a reasonable margin of tolerance, the main currency exposure of the Fund
back into the currency referred to in the relevant Class’s designation. It is expected that the resulting effective
hedge ratio (i.e. the percentage exposure in the currency of the hedged share class) will typically be 100%.The
list of available Hedged Equivalent Classes can be found online on the Management Company’s webpage at
capitalgroup.com/international
Cut-Off Time 1:00pm Luxembourg time on every Valuation Date
Fiscal year-end 31 December in each year
Fees and charges Fund Administration Fee 1 0.15 % maximum
Depositary and Custody Fees 2
0.04 % maximum
Sales Charge 5.25 % maximum

1 Effective rate varies with the total assets of the Fund up to the indicated maximum.
2 Effective rate varies with the total assets of the Fund and with the country breakdown in the Portfolio up to the indicated maximum.

Capital International Fund Prospectus | 57

Capital Group AMCAP Fund (LUX)

Minimum Initial Investment and Amount held at any time Management Fee

Class A4, A7, A9 and Equivalent

A4 $10 million or equivalent 0.400%

A7 $100 million or equivalent 0.350%

A9 $250 million or equivalent 0.320%

Class C and Equivalent

C None Charged outside the Company

Class B and Equivalent

B None 1.50%

Class N and Equivalent

N None 2.15%

Class Z and Equivalent

Z None 0.65%

58 | Prospectus Capital International Fund

 Annex 2.12: Fund Information Sheet

Capital Group Investment Company of America (LUX)

Launch Date 17 June 2016

Investment Objective The Fund’s investment objectives are to achieve long-term growth of capital and income. The Fund invests primarily
in common stocks, most of which have a history of paying dividends. The Fund’s equity investments are limited to
securities of companies that are included on its eligible list. Securities are added to, or deleted from, the eligible list
based upon a number of factors, such as the Fund’s investment objectives and policies, whether a company is
deemed to be an established company of sufficient quality and a company’s dividend payment prospects. Although
the Fund focuses on investments in medium to larger capitalization companies, the Fund’s investments are not limited
to a particular capitalization size. In the selection of common stocks and other securities for investment, potential for
capital appreciation and future dividends are given more weight than current yield. The Fund may invest up to 15% of
its assets, at the time of purchase, in securities of issuers domiciled outside the United States.
On an ancillary basis, as described below in the “Specific Investment Guidelines and Restrictions”, the Fund may
invest into straight debt securities.
Profile of the typical investor The Fund is particularly suitable for investors seeking long-term capital growth and income through investments in
Equities.
Eligible Investment Countries The USA and any country included at any time in the MSCI World Index, Luxembourg, and Emerging Markets
Specific Investment Guidelines 1. The Fund’s investments in straight debt securities (i.e., not convertible into equity) will generally consist of
and Restrictions investment grade securities. The Fund may, however, invest up to 5% of its total net assets in straight debt
securities rated Ba1 or below and BB+ or below by NRSROs designated by the Investment Adviser or unrated
but determined to be of equivalent quality by the Investment Adviser. If rating agencies differ, securities will be
considered to have received the highest of these ratings.
2. The Fund may invest up to 15% of its total net assets in issuers domiciled outside the United States. In
determining the domicile of an issuer, the Investment Adviser will consider the domicile determination of a
leading provider of global indexes, such as Morgan Stanley Capital International, and may also take into account
such factors as where the issuer’s securities are listed and where the issuer is legally organized, maintains
principal corporate offices, conducts its principal operations and/or generates revenues.
3. The Fund may invest in contingent convertible bonds which will not exceed 5% of the net assets of the Fund.
Specific Risks Equities, Bonds, contingent convertible bonds
Investment Adviser CRMC. CRMC may manage other funds with similar names, investment objectives and strategies, including The
Investment Company of America, a U.S. mutual fund which is not available for public offering under any
circumstances outside of the United States of America. Investment decisions are generally implemented concurrently
in The Investment Company of America and the Fund. Different investment decisions may be made for the Fund
based on cash flow variations with The Investment Company of America and when concurrent investment is not
appropriate due to various factors, including investment limitations. When making different investment decisions, the
Investment Adviser seeks to achieve investment results similar to those of The Investment Company of America.
However, the results of such funds may vary depending on a number of factors, including, but not limited to, fees and
expenses, fund size, transaction costs, cash flows, currencies, securities pricing time, taxes, and portfolio holdings
and any applicable investment limitations. Policies and procedures have been designed to ensure that the funds with
similar names, objectives and strategies are each treated fairly, including the allocation of securities transactions.
Base Currency USD
Valuation Date Each Business day, other than days (as determined by the Board or the Management Company at their discretion) on
which any market(s) representing a meaningful portion of the Fund’s portfolio is closed. For the purpose of this
paragraph, the market to be considered is the market where the relevant instrument is traded. (A list of such dates is
available on capitalgroup.com/international)
Calculation method of the risk The methodology used in order to calculate the global exposure resulting from the use of financial derivative
exposure instruments is the commitment approach in accordance with the CSSF Circular 11/512.
Hedged Equivalent Classes The Fund will aim at hedging, with a reasonable margin of tolerance, the main currency exposure of the Fund back
into the currency referred to in the relevant Class’s designation. It is expected that the resulting effective hedge ratio
(i.e. the percentage exposure in the currency of the hedged share class) will typically be 100%.The list of available
Hedged Equivalent Classes can be found online on the Management Company’s webpage at
capitalgroup.com/international
Cut-Off Time 1:00pm Luxembourg time on every Valuation Date
Fiscal year-end 31 December in each year
Fees and charges Fund Administration Fee11 0.15% maximum
Depositary and Custody Fees 22
0.05% maximum
Sales Charge 5.25% maximum

1 Effective rate varies with the total assets of the Fund up to the indicated maximum.
2 Effective rate varies with the total assets of the Fund and with the country breakdown in the Portfolio up to the indicated maximum.

Capital International Fund Prospectus | 59

Capital Group Investment Company of America (LUX)

Minimum Initial Investment and Amount held at any time Management Fee

Class A4, A7, A9, A11 and Equivalent

A4 $10 million or equivalent 0.400%

A7 $100 million or equivalent 0.290%

A9 $250 million or equivalent 0.260%

A11 $500 million or equivalent 0.240%

Class C and Equivalent

C None Charged outside the Company

Class B and Equivalent

B None 1.50%

Class T and Equivalent

T None 1.75%

Class N and Equivalent

N None 2.15%

Class Z and Equivalent

Z None 0.65%

Class ZL and Equivalent

ZL $250 million or equivalent 0.60%

60 | Prospectus Capital International Fund

Annex 2.13: Fund Information Sheet

Capital Group Capital Income Builder (LUX)

Launch Date 21 September 2018

Investment Objective To provide a level of current income that exceeds the average yield on U.S. stocks generally and to provide a
growing stream of income over the years, expressed in USD, as the Fund’s primary objectives. The Fund’s
secondary objective is to provide growth of capital. The Fund invests primarily in a broad range of income-producing
securities, including common stocks and bonds. The Fund may also invest significantly in common stocks, bonds
and other securities of issuers domiciled outside the United States.
Profile of the typical investor The Fund is particularly suitable for investors seeking long-term capital growth and income through investments in
Equities and Bonds.
Eligible Investment Countries Any country.
Specific Investment Guidelines 1. The Fund will generally invest at least 90% of its assets in income-producing securities.
and Restrictions 2. The Fund will invest primarily in Equity securities.
3. In addition, the Fund may invest in Bonds and other debt securities of any maturity or duration, including
securities issued and guaranteed by the U.S. government, securities issued by federal agencies and
instrumentalities and securities backed by mortgages or other assets.
4. The Fund may invest up to 5% of its assets in straight debt securities (i.e., debt securities that do not have
equity conversion or purchase rights) rated Ba1 or below and BB+ or below by NRSROs designated by the
Investment Adviser, or unrated but determined by the Investment Adviser to be of equivalent quality. If rating
agencies differ, securities will be considered to have received the highest of these ratings.
5. The Fund may invest up to 50% of its assets in securities of issuers domiciled outside the United States. In
determining the domicile of an issuer, the Investment adviser will consider the domicile determination of a
leading provider of global indexes, such as Morgan Stanley Capital International, and may also take into
account such factors as where the issuer’s securities are listed and where the issuer is legally organized,
maintains principal corporate offices, conducts its principal operations and/or generates revenues.
6. The Fund may invest in ABS/MBS which will not exceed 20% of the net assets of the Fund.
7. The Fund may use interest rate swaps, CDX, futures and options on futures.
8. The Fund may invest in contingent convertible bonds which will not exceed 5% of the net assets of the Fund.
9. The Fund may invest via the Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect
into A-shares up to 5% of the net assets of the Fund.
Specific Risks Equity, Bonds, Emerging Markets, derivatives instruments, OTC Markets, ABS/MBS, contingent convertible
bonds, Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect
Investment Adviser CRMC. CRMC may manage other funds with similar names, investment objectives and strategies, including
Capital Income Builder®, a U.S. mutual fund which is not available for public offering under any circumstances
outside of the United States of America. Investment decisions are generally implemented concurrently in Capital
Income Builder® and the Fund. Different investment decisions may be made for the Fund based on cash flow
variations with Capital Income Builder® and when concurrent investment is not appropriate due to various
factors, including investment limitations. When making different investment decisions, the Investment Adviser
seeks to achieve investment results similar to those of Capital Income Builder®. However, the results of such
funds may vary depending on a number of factors, including, but not limited to, fees and expenses, fund size,
transaction costs, cash flows, currencies, securities pricing time, taxes, and portfolio holdings and any applicable
investment limitations. Policies and procedures have been designed to ensure that the funds with similar names,
objectives and strategies are each treated fairly, including the allocation of securities transactions.
Base Currency USD
Valuation Date Each Business day, other than days (as determined by the Board or the Management Company at their
discretion) on which any market(s) representing a meaningful portion of the Fund’s portfolio is closed. For the
purpose of this paragraph, the market to be considered is the market where the relevant instrument is traded. (A
list of such dates is available on capitalgroup.com/international)
Calculation method of the risk The methodology used in order to calculate the global exposure resulting from the use of financial derivative
exposure instruments is the commitment approach in accordance with the CSSF Circular 11/512.
Hedged Equivalent Classes The Fund will aim at hedging 100% (with a reasonable margin of tolerance) of its total net assets from USD
(regardless of the underlying current exposure of the portfolio to USD) into the currency referred to in the relevant
Class’s designation. The list of available Hedged Equivalent Classes can be found online on the Management
Company’s webpage at capitalgroup.com/international.
Launch Date subscription cut- All launch date subscriptions will need to be received no later than 5:00pm CET three Business Days before the
off time Launch Date. All subscriptions received after this date will be processed on the relevant Valuation Date after the
Launch Date.
Cut-Off Time 1:00pm Luxembourg time on every Valuation Date
Fiscal year-end 31 December in each year
Fees and charges Fund Administration Fee 1 0.15%
Depositary and Custody Fees 2 0.05%
Sales Charge 5.25%

1 Effective rate varies with the total assets of the Fund up to the indicated maximum.
2 Effective rate varies with the total assets of the Fund and with the country breakdown in the Portfolio up to the indicated maximum.

Capital International Fund Prospectus | 61

Capital Group Capital Income Builder (LUX)

Minimum Initial Investment and Amount held at any time Management Fee

Class A4, A7, A9, A11 and Equivalent

A4 $10 million or equivalent 0.530%

A7 $100 million or equivalent 0.430%

A9 $250 million or equivalent 0.400%

A11 $500 million or equivalent 0.380%

Class C and Equivalent

C None Charged outside the Company

Class B and Equivalent

B None 1.50%

Class T and Equivalent

T None 1.75%

Class N and Equivalent

N None 2.15%

Class Z and Equivalent

Z None 0.75%

62 | Prospectus Capital International Fund

Annex 2.14: Fund Information Sheet

Capital Group Global Allocation Fund (LUX)

Launch Date 31 January 2014

Investment Objective The Fund seeks the balanced accomplishment of three objectives: long-term growth of capital, conservation of
principal and current income. The Fund will seek to meet these objectives by investing worldwide primarily in
listed Equities and Bonds of companies and governments and other fixed-income securities including mortgage
and asset backed securities, denominated in various currencies. These are usually listed or traded on other
Regulated Markets. Unlisted securities may also be purchased, subject to the relevant provisions of the General
Investment Guidelines and Restrictions.
Profile of the typical investor The Fund is particularly suitable for investors seeking long-term total returns from diversified worldwide
investments in Equities and Bonds.
Eligible Investment Countries Any country.
Specific Investment Guidelines 1. In general, the Fund will seek to invest at least 45% of its total net assets in Equity.
and Restrictions 2. In general, the Fund will seek to invest at least 25% of its total net assets in Investment Grade Bonds
(including money market instruments).
3. The Fund may invest in ABS/MBS which will not exceed 15% of the net assets of the Fund.
4. The Fund may invest up to 2% in distressed securities.
5. The Fund may use interest rate swaps, CDX, futures and options on futures.
6. The Fund may invest in contingent convertible bonds which will not exceed 5% of the net assets of the Fund.
7. The Fund may invest via the Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect
into A-shares on an ancillary basis.
8. The Fund may invest on the China Interbank Bond Market up to 5% of the net assets of the Fund, either
directly or via Bond Connect.
Specific Risks Equities, Bonds, Emerging Markets, OTC Markets, derivative instruments, ABS/MBS, distressed securities,
contingent convertible bonds, Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect,
China Interbank Bond Market, Bond Connect
Investment Adviser CRMC
Base Currency USD
Valuation Date Each Business day, other than days (as determined by the Board or the Management Company at their
discretion) on which any market(s) representing a meaningful portion of the Fund’s portfolio is closed. For the
purpose of this paragraph, the market to be considered is the market where the relevant instrument is traded. (A
list of such dates is available on capitalgroup.com/international)
Calculation method of the risk The methodology used in order to calculate the global exposure resulting from the use of financial derivative
exposure instruments is the commitment approach in accordance with the CSSF Circular 11/512.
Hedged Equivalent Classes The Fund will aim at hedging, with a reasonable margin of tolerance, the main currency exposure of the Fund
back into the currency referred to in the relevant Class’s designation. It is expected that the resulting effective
hedge ratio (i.e. the percentage exposure in the currency of the hedged share class) will typically be in the range
of 80% to 100%. The list of available Hedged Equivalent Classes can be found online on the Management
Company’s webpage at capitalgroup.com/international
Cut-Off Time 1:00pm Luxembourg time on every Valuation Date
Fiscal year-end 31 December in each year
Fees and charges Fund Administration Fee 1 0.15% maximum
Depositary and Custody Fees 2 0.05% maximum
Sales Charge 5.25% maximum

1 Effective rate varies with the total assets of the Fund up to the indicated maximum.
2 Effective rate varies with the total assets of the Fund and with the country breakdown in the Portfolio up to the indicated maximum.

Capital International Fund Prospectus | 63

Capital Group Global Allocation Fund (LUX)

Minimum Initial Investment and Amount held at any time Management Fee

Class A4, A7, A9, A11 and Equivalent

A4 $10 million or equivalent 0.530%

A7 $100 million or equivalent 0.430%

A9 $250 million or equivalent 0.400%

A11 $500 million or equivalent 0.380%

Class C and Equivalent

C None Charged outside the Company

Class B and Equivalent

B None 1.50%

Class T and Equivalent

T None 1.75%

Class N and Equivalent

N None 2.15%

Class Z and Equivalent

Z None 0.75%

64 | Prospectus Capital International Fund

Annex 2.15: Fund Information Sheet

Capital Group Emerging Markets Total Opportunities (LUX)

Launch Date 1 February 2008 1

Investment Objective Long-term growth and preservation of capital with lower volatility of returns than Emerging Markets Equities by
investing primarily in Equity, hybrid securities, Bonds (both corporate and sovereign) and short-term
instruments normally listed or traded on other Regulated Markets of issuers in Eligible Investment Countries.
Securities of Emerging Markets issuers are defined as those: (1) from issuers in Emerging Markets; (2)
primarily traded in Emerging Markets; (3) that are denominated in Emerging Markets currencies; or (4) that are
from issuers deemed to be suitable for the Fund because they have or are expected to have significant
economic exposure to Emerging Markets (through assets, revenues, or profits). Unlisted securities may also be
purchased, subject to the relevant provisions of the “General Investment Guidelines and Restrictions”.
Profile of the typical investor The Fund is particularly suitable for investors who are seeking equity-like returns, with a volatility lower than
that of a traditional emerging market equity fund.
Eligible Investment Countries Emerging Markets; countries rated Ba or lower or BB or lower by a nationally recognized statistical rating
organization; and countries that are on an International Monetary Fund (“IMF”) program, have outstanding
liabilities to the IMF, or have exited an IMF program no more than 5 years earlier.
Specific Investment Guidelines 1. The Fund may invest up to 10% of its assets in securities of issuers which are not Emerging Markets
and Restrictions Issuers as defined in the Investment Objective above. For the avoidance of doubt and notwithstanding the
above 10% limit, the Fund may invest in such issuers’ sovereign debt instruments rated AAA by Standard
& Poor’s or Fitch or Aaa by Moody’s in lieu of cash, without being considered as securities of issuers from
countries other than Eligible Investment Countries.
2. The Fund may invest in credit-default swaps as a protection buyer; it may sell protection only for the
purpose of offsetting an existing buy-protection in the Portfolio, and not to raise exposure to credit.
3. The Fund may invest in ABS/MBS which will not exceed 10% of the net assets of the Fund.
4. The Fund may invest up to 10% in distressed securities
5. The Fund may use interest rate swaps, CDX, futures and options on futures.
6. The Fund may invest in contingent convertible bonds which will not exceed 5% of the net assets of the
Fund.
7. The Fund may invest via the Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock
Connect into A-shares on an ancillary basis.
8. The Fund may invest on the China Interbank Bond Market up to 20% of the net assets of the Fund, either
directly or via Bond Connect.
9. The Fund may invest in loans, which comply with Articles 3 and 4 of the Luxembourg Grand Ducal
Regulation of 8 February 2008, CSSF Circular 08/380 and Article 1(23) of the 2010 Law within the limits
set forth in Annex I of this Prospectus.
Specific Risks Bonds, Equities, Emerging Markets, derivative instruments, OTC Markets, distressed securities, high yield
bonds, contingent convertible bonds, Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock
Connect, China Interbank Bond Market, Bond Connect
Investment Adviser CRMC
Investment Sub-Adviser CISA
Base Currency USD
Valuation Date Each Business Day, other than days (as determined by the Board or the Management Company at their
discretion) on which any market(s) representing a meaningful portion of the Fund’s portfolio is closed. For the
purpose of this paragraph, the market to be considered is the market where the relevant instrument is traded.
(A list of such dates is available on capitalgroup.com/international)
Calculation method of the The methodology used in order to calculate the global exposure resulting from the use of financial derivative
risk exposure instruments is the commitment approach in accordance with the CSSF Circular 11/512.
Hedged Equivalent Classes For SGD and JPY Hedged Classes:
The Class will aim at hedging 100% (with a reasonable margin of tolerance) of its total net assets, from USD
(regardless of the underlying current exposure of the portfolio to USD) into the currency referred to in the
relevant Class’s designation.

For the other Hedged Classes:

The Class will aim at hedging 50% (with a reasonable margin of tolerance) of its total net assets, from USD
(regardless of the current exposure of the portfolio to USD) into the currency referred to in the relevant Class’s
designation. At times, and for exceptional periods, a different ratio may be applied in order for the Class to
achieve the objectives of the Fund, but it will be no less than 25% and no more than 75%. The list of available
Hedged Equivalent Classes can be found online on the Management Company’s webpage at
capitalgroup.com/international
Cut-Off Time 1:00 pm Luxembourg time on every Valuation Date, Subscription Pre-notification Date and Redemption Pre-
notification Date
Subscription Pre-notification For subscription requests above $50,000,000 or equivalent, three Week Days before the relevant Valuation
Date Date

1 Launch date of Capital Group Emerging Markets Total Opportunities (LUX) in Capital International Portfolios, another Luxembourg UCITS of the as Capital Group..

Capital International Fund Prospectus | 65

 Redemption Pre-notification For redemption requests above $50,000,000 or equivalent, three Week Days before the relevant Valuation
Date Date
Fiscal year-end 31 December in each year
Fees and charges Fund Administration Fee 2 0.15% maximum
Depositary and Custody Fees 3
0.08% maximum
Sales Charge 5.25% maximum

Capital Group Emerging Markets Total Opportunities (LUX)

Minimum Initial Investment and amount held at any time Management Fee
Class A4, A7, A9, A11, A13 and Equivalent
A4 $5 million or equivalent 0.90%
A7 $10 million or equivalent 0.75%
A9 $100 million or equivalent 0.60%
A11 $200 million or equivalent 0.675%
A13 $250 million or equivalent 0.55%
Class C and Equivalent
C None Charged outside the Company
Class B and Equivalent
B None 1.75%
Class T and Equivalent
T None 2.00%
Class N and Equivalent
N None 2.40%
Class Z and Equivalent
Z None 0.875%
Class P and Equivalent
P $100 million or equivalent 0.80%

1 Effective rate varies with the total assets of the Fund up to the indicated maximum.
2 Effective rate varies with the total assets of the Fund and with the country breakdown in the Portfolio up to the indicated maximum.

66 | Prospectus Capital International Fund

Annex 2.16: Fund Information Sheet

Capital Group Global Bond Fund (LUX)

Launch Date 3 April 1998 4

Investment Objective To provide, over the long term, a high level of total return consistent with prudent investment management. The Fund
invests worldwide primarily in Investment Grade Bonds of governmental, supranational and corporate issuers and
in other fixed income securities including mortgage and asset backed securities, denominated in various
currencies. The types of mortgage backed securities in which the Fund may invest are CMBS, CMO, RMBS and
TBA contracts. These are usually listed or traded on other Regulated Markets. Unlisted Investment Grade Bonds
may also be purchased, subject to the relevant provisions of the “General Investment Guidelines and
Restrictions”.
Profile of the typical investor The Fund is particularly suitable for investors seeking current income and the potential for higher returns than
cash through investment primarily in global Investment Grade Bonds.
Eligible Investment Countries Any country.
Specific Investment Guidelines 1. High Yield Bonds will not be considered Eligible Assets. If an Investment Grade Bond is downgraded to a
and Restrictions High Yield Bond, such bond must be realised within six months from its downgrading, taking account of the
interests of Shareholders. In case of split-rated Bonds, the highest rating will apply.
2. The Fund may invest in MBS/ABS which will not exceed 40% of the net assets of the Fund. The types of
MBS in which the Fund may invest are CMBS, CMO, RMBS and TBA contracts.
3. The Fund may use interest rate swaps, CDX, futures and options on futures.
4. The Fund may invest on the China Interbank Bond Market up to 10% of the net assets of the Fund, either
directly or via Bond Connect.
Specific Risks Bonds, Emerging Markets, ABS/MBS, derivative instruments, OTC Markets, ABS/MBS, China Interbank Bond
Market, Bond Connect
Investment Adviser CRMC
Investment Sub-Adviser CISA
Base Currency USD
Valuation Date Each Business day, other than days (as determined by the Board or the Management Company at their
discretion) on which any market(s) representing a meaningful portion of the Fund’s portfolio is closed. For the
purpose of this paragraph, the market to be considered is the market where the relevant instrument is traded. (A
list of such dates is available on capitalgroup.com/international)
Calculation method of the risk The methodology used in order to calculate the global exposure resulting from the use of financial derivative
exposure instruments is the commitment approach in accordance with the CSSF Circular 11/512.
Hedged Equivalent Classes In order to preserve the active currency decisions in the Fund’s Portfolio, the Fund will aim at hedging with a
reasonable margin of tolerance the main currency exposures of the Fund’s investment universe (represented by a
relevant representative index) back into the currency referred to in the relevant Class’s designation. It is expected
that the resulting effective hedge ratio (i.e. the percentage exposure in the currency of the hedged share class)
will typically be in the range of 80% to 100%. The list of available Hedged Equivalent Classes can be found online
on the Management Company’s webpage at capitalgroup.com/international
Cut-Off Time 1:00pm Luxembourg time on every Valuation Date
Fiscal year-end 31 December in each year
Fees and charges Fund Administration Fee 5 0.15% maximum
Depositary and Custody Fees 6 0.06% maximum
Sales Charge 5.25% maximum

4 Launch date of Capital International Global Bond Fund, which merged into CIF Global Bond Fund on 6 September 2002.
5 Effective rate varies with the total assets of the Fund up to the indicated maximum.
6 Effective rate varies with the total assets of the Fund and with the country breakdown in the Portfolio up to the indicated maximum.

Capital International Fund Prospectus | 67

Capital Group Global Bond Fund (LUX)

Minimum Initial Investment and Amount held at any time Management Fee

Class A4, A7, A9, A11 and Equivalent

A4 $10 million or equivalent 0.310%

A7 $100 million or equivalent 0.280%

A9 $250 million or equivalent 0.240%

A11 $500 million or equivalent 0.210%

Class C and Equivalent

C None Charged outside the Company

Class B and Equivalent

B None 1.00%

Class T and Equivalent

T None 1.15%

Class N and Equivalent

N None 1.50%

Class Z and Equivalent

Z None 0.50%

68 | Prospectus Capital International Fund

Annex 2.17: Fund Information Sheet

Capital Group Global Intermediate Bond Fund (LUX)

Launch Date 13 October 2016

Investment Objective To preserve capital and provide income consistent with prudent investment management. The Fund aims to hold
high-quality global bonds in a portfolio with an average maturity of between three and five years. The Fund
invests worldwide primarily in Bonds of governmental, supranational and corporate issuers and in other fixed
income securities including mortgage and asset backed securities, denominated in various currencies. These
Bonds will be Investment Grade at the time of purchase. The types of mortgage backed securities in which the
Fund may invest are CMBS, CMO, RMBS and TBA contracts. These are usually listed or traded on other
Regulated Markets. Unlisted Investment Grade Bonds may also be purchased, subject to the relevant provisions
of the “General Investment Guidelines and Restrictions”.

Profile of the typical investor The Fund is particularly suitable for investors seeking current income with the potential for higher returns than
cash, through investment primarily in global investment grade bonds of moderate duration.
Eligible Investment Countries Any country.
Specific Investment Guidelines 1. Investment in Bonds will be limited to Investment Grade Bonds. Securities that fail to maintain an Investment
and Restrictions Grade rating from at least one rating agency (or which are no longer deemed Investment Grade by the
Investment Adviser) must be sold within six months, taking into account the interests of Shareholders. In
case of split-rated Bonds, the higher credit rating of S&P, Moody’s or Fitch will apply.
2. The Fund may use interest rate swaps, CDX, futures and options on futures.
3. The Fund may invest in mortgage- and asset-backed securities which will not exceed 40% of the net assets of
the Fund. The types of MBS in which the Fund may invest are CMBS, CMO, RMBS and TBA contracts.
4. The Fund may invest on the China Interbank Bond Market up to 10% of the net assets of the Fund, either
directly or via Bond Connect.
Specific Risks Bonds, Emerging Markets, derivative instruments, OTC Markets, ABS/MBS, China Interbank Bond Market, Bond
Connect
Investment Adviser CRMC
Investment Sub-Adviser CISA
Base Currency USD
Valuation Date Each Business day, other than days (as determined by the Board or the Management Company at their
discretion) on which any market(s) representing a meaningful portion of the Fund’s portfolio is closed. For the
purpose of this paragraph, the market to be considered is the market where the relevant instrument is traded. (A
list of such dates is available on capitalgroup.com/international)
Calculation method of the risk The methodology used in order to calculate the global exposure resulting from the use of financial derivative
exposure instruments is the commitment approach in accordance with the CSSF Circular 11/512.
Hedged Equivalent Classes The Fund will aim at hedging 100% (with a reasonable margin of tolerance) of its total net assets, from USD
(regardless of the underlying current exposure of the portfolio to USD) into the currency referred to in the relevant
Class’s designation. The list of available Hedged Equivalent Classes can be found online on the Management
Company’s webpage at capitalgroup.com/international.
Cut-Off Time 1:00pm Luxembourg time on every Valuation Date
Fiscal year-end 31 December in each year
Fees and charges Fund Administration Fee 1 0.15% maximum
Depositary and Custody Fees 2 0.06% maximum
Sales Charge 5.25% maximum

1 Effective rate varies with the total assets of the Fund up to the indicated maximum.
2 Effective rate varies with the total assets of the Fund and with the country breakdown in the Portfolio up to the indicated maximum.

Capital International Fund Prospectus | 69

Capital Group Global Intermediate Bond Fund (LUX)

Minimum Initial Investment and Amount held at any time Management Fee

Class A4, A7, A9, A11 and Equivalent

A4 $10 million or equivalent 0.310%

A7 $100 million or equivalent 0.280%

A9 $250 million or equivalent 0.240%

A11 $500 million or equivalent 0.210%

Class C and Equivalent

C None Charged outside the Company

Class B and Equivalent

B None 1.00%

Class T and Equivalent

T None 1.15%
Class N and Equivalent
N None 1.50%
Class Z and Equivalent
Z None 0.50%

70 | Prospectus Capital International Fund

Annex 2.18: Fund Information Sheet

Capital Group Euro Bond Fund (LUX)

Launch Date 31 October 2003

Investment Objective To maximize total return through a combination of income and capital gains, with a view towards preservation of
capital. The Fund invests primarily in EUR-denominated Investment Grade Bonds of governmental, supranational
and corporate issuers and in other fixed income securities. These are usually listed or traded on other Regulated
Markets. Unlisted securities may also be purchased, subject to the relevant provisions of the “General Investment
Guidelines and Restrictions”.
Profile of the typical investor The Fund is particularly suitable for investors seeking to maximize total return through investment primarily in
EUR-denominated Bonds.
Eligible Investment Countries Any country.
Specific Investment Guidelines 1. The Fund will seek to invest at least 80% of its total net assets in Bonds rated Investment Grade at the time
and Restrictions of purchase. In case of split-rated Bonds, the highest rating will apply.
2. The Fund will seek to invest at least two thirds of its total net assets in securities of issuers located in
countries of the European Monetary Union.
3. The overall Portfolio exposure to the Euro currency will be at least equal to 90% of the value of the net assets
of the Fund.
4. The Fund may invest in ABS/MBS which will not exceed 20% of the net assets of the Fund.
5. The Fund may use interest rate swaps, credit default indices, futures and options on futures.
6. The Fund may invest in contingent convertible bonds which will not exceed 5% of the net assets of the Fund.
Specific Risks Bonds, ABS/MBS, derivative instruments, High Yield Bonds, contingent convertible bonds, OTC Markets
Investment Adviser CRMC
Investment Sub-Adviser CISA
Base Currency EUR
Valuation Date Each Business day, other than days (as determined by the Board or the Management Company at their
discretion) on which any market(s) representing a meaningful portion of the Fund’s portfolio is closed. For the
purpose of this paragraph, the market to be considered is the market where the relevant instrument is traded. (A
list of such dates is available on capitalgroup.com/international)
Calculation method of the risk The methodology used in order to calculate the global exposure resulting from the use of financial derivative
exposure instruments is the commitment approach in accordance with the CSSF Circular 11/512.
Hedged Equivalent Classes The Fund will aim at hedging, with a reasonable margin of tolerance, the main currency exposures of the Fund
back into the currency referred to in the relevant Class’s designation. It is expected that the resulting effective
hedge ratio (i.e. the percentage exposure in the currency of the hedged share class) will typically be in the range
of 80% to 100%. The list of available Hedged Equivalent Classes can be found online on the Management
Company’s webpage at capitalgroup.com/international
Cut-Off Time 1:00pm Luxembourg time on every Valuation Date
Fiscal year-end 31 December in each year
Fees and charges Fund Administration Fee 1 0.15% maximum
Depositary and Custody Fees 2
0.06% maximum
Sales Charge 5.25% maximum

1 Effective rate varies with the total assets of the Fund up to the indicated maximum.
2 Effective rate varies with the total assets of the Fund and with the country breakdown in the Portfolio up to the indicated maximum.

Capital International Fund Prospectus | 71

Capital Group Euro Bond Fund (LUX)

Minimum Initial Investment and Amount held at any time Management Fee

Class A4, A7, A9, A11 and Equivalent

A4 $10 million or equivalent 0.275%

A7 $100 million or equivalent 0.250%

A9 $250 million or equivalent 0.210%

A11 $500 million or equivalent 0.175%

Class C and Equivalent

C None Charged outside the Company

Class B and Equivalent

B None 1.00%

Class T and Equivalent

T None 1.15%

Class N and Equivalent

N None 1.50%

Class Z and Equivalent

Z None 0.50%

72 | Prospectus Capital International Fund

Annex 2.19: Fund Information Sheet

Capital Group Global Corporate Bond Fund (LUX)

Launch Date 13 February 2018

Investment Objective To provide, over the long term, a high level of total return consistent with capital preservation and prudent risk
management. The Fund invests worldwide primarily in corporate Investment Grade Bonds. These Bonds will be
Investment Grade at the time of purchase. These are usually listed or traded on other Regulated Markets.
Unlisted securities and other fixed-income securities, including government securities, may also be purchased,
subject to the relevant provisions of the “General Investment Guidelines and Restrictions”.
Profile of the typical investor The Fund is particularly suitable for investors seeking high level of current income and the potential for higher
returns than cash through investment primarily in corporate Investment Grade Bonds.
Eligible Investment Countries Any country.
Specific Investment Guidelines 1. The Fund will seek to invest at least 80% of its total net assets in corporate Investment Grade Bonds. In case
and Restrictions of split-rated Bonds, the higher credit rating of S&P, Moody’s or Fitch will apply. Securities that fail to
maintain an Investment Grade Bonds rating from at least one rating agency (or which are no longer deemed
Investment Grade by the Investment Adviser) must be sold within three months, taking into account the
interests of Shareholders.
2. The Fund may invest in ABS/MBS which will not exceed 10% of the net assets of the Fund.
3. The Fund may use interest rate swaps, CDX, futures and options on futures.
Specific Risks Bonds, Emerging Markets, derivative instruments, OTC Markets
Investment Adviser CRMC
Investment sub-Adviser CISA
Base Currency USD
Valuation Date Each Business day, other than days (as determined by the Board or the Management Company at their
discretion) on which any market(s) representing a meaningful portion of the Fund’s portfolio is closed. For the
purpose of this paragraph, the market to be considered is the market where the relevant instrument is traded. (A
list of such dates is available on capitalgroup.com/international)
Calculation method of the risk The methodology used in order to calculate the global exposure resulting from the use of financial derivative
exposure instruments is the commitment approach in accordance with the CSSF Circular 11/512.
Hedged Equivalent Classes The Fund will aim at hedging 100% (with a reasonable margin of tolerance) of its total net assets, from USD
(regardless of the underlying current exposure of the portfolio to USD) into the currency referred to in the
relevant Class’s designation. The list of available Hedged Equivalent Classes can be found online on the
Management Company’s webpage at capitalgroup.com/ international
Launch Date subscription cut- All launch date subscriptions will need to be received no later than 5:00pm CET three Business Days before the
off time Launch Date. All subscriptions received after this date will be processed on the relevant Valuation Date after
the Launch Date.
Cut-Off Time 1:00pm Luxembourg time on every Valuation Date
Fiscal year-end 31 December in each year
Fees and charges Fund Administration Fee 1 0.15 % maximum
Depositary and Custody Fees 2 0.04 % maximum
Sales Charge 5.25 % maximum

1 Effective rate varies with the total assets of the Fund up to the indicated maximum.
2 Effective rate varies with the total assets of the Fund and with the country breakdown in the Portfolio up to the indicated maximum.

Capital International Fund Prospectus | 73

Capital Group Global Corporate Bond Fund (LUX)

Minimum Initial Investment and Amount held at any time Management Fee

Class A4, A7, A9, A11 and Equivalent

A4 $10 million or equivalent 0.310%

A7 $100 million or equivalent 0.280%

A9 $250 million or equivalent 0.240%

A11 $500 million or equivalent 0.210%

Class C and Equivalent

C None Charged outside the Company

Class B and Equivalent

B None 1.00%

Class N and Equivalent

N None 1.50%

Class Z and Equivalent

Z None 0.50%

Class ZL and Equivalent

ZL $250 million or equivalent 0.40%

74 | Prospectus Capital International Fund

Annex 2.20: Fund Information Sheet

Capital Group Euro Corporate Bond Fund (LUX) 1

Launch Date 16 September 2010

Investment Objective To provide, over the long term, a high level of total return largely comprised of current income with a view to
capital preservation. The Fund invests primarily in EUR-denominated corporate Investment Grade Bonds and
other fixed-income securities, including government securities. These are usually listed or traded on other
Regulated Markets. Unlisted securities may also be purchased, subject to the relevant provisions of the “General
Investment Guidelines and Restrictions”.
Profile of the typical investor The Fund is particularly suitable for investors seeking high level of current income and the potential for higher returns
than cash through investment primarily in EUR-denominated corporate or government Investment Grade Bonds.
Eligible Investment Countries Any country.
Specific Investment Guidelines 1. The Fund will seek to invest at least 80% of its total net assets in EUR-denominated corporate Investment
and Restrictions Grade Bonds. In case of split-rated Bonds by NRSROs designated by the Investment Adviser, the highest
rating will apply.
2. The overall Portfolio exposure to the EUR currency will generally be at least equal to 90% of the value of the
net assets of the Fund.
3. The Fund may invest in ABS/MBS which will not exceed 10% of the net assets of the Fund.
4. The Fund may use interest rate swaps, CDX, futures and options on futures.
5. The Fund may invest in contingent convertible bonds which will not exceed 5% of the net assets of the
Fund.
Specific Risks Bonds, derivative instruments, High Yield Bonds, contingent convertible bonds, OTC Markets
Investment Adviser CRMC
Investment Sub-Adviser CISA
Base Currency EUR
Valuation Date Each Business day, other than days (as determined by the Board or the Management Company at their
discretion) on which any market(s) representing a meaningful portion of the Fund’s portfolio is closed. For the
purpose of this paragraph, the market to be considered is the market where the relevant instrument is traded. (A
list of such dates is available on capitalgroup.com/international)
Calculation method of the risk The methodology used in order to calculate the global exposure resulting from the use of financial derivative
exposure instruments is the commitment approach in accordance with the CSSF Circular 11/512.
Hedged Equivalent Classes The Fund will aim at hedging, with a reasonable margin of tolerance, the main currency exposures of the Fund
back into the currency referred to in the relevant Class’s designation. It is expected that the resulting effective
hedge ratio (i.e. the percentage exposure in the currency of the hedged share class) will typically be in the range
of 80% to 100%. The list of available Hedged Equivalent Classes can be found online on the Management
Company’s webpage at capitalgroup.com/international
Cut-Off Time 1:00pm Luxembourg time on every Valuation Date
Fiscal year-end 31 December in each year
Fees and charges Fund Administration Fee 2 0.15% maximum
Depositary and Custody Fees 3
0.05% maximum
Sales Charge 5.25% maximum

1 Formally known as Capital Group Euro Credit Fund (LUX) prior to December 2015.
2 Effective rate varies with the total assets of the Fund up to the indicated maximum.
3 Effective rate varies with the total assets of the Fund and with the country breakdown in the Portfolio up to the indicated maximum.

Capital International Fund Prospectus | 75

Capital Group Euro Corporate Bond Fund (LUX)

Minimum Initial Investment and Amount held at any time Management Fee

Class A4, A7, A9, A11 and Equivalent

A4 $10 million or equivalent 0.275%

A7 $100 million or equivalent 0.250%

A9 $250 million or equivalent 0.210%

A11 $500 million or equivalent 0.175%

Class C and Equivalent

C None Charged outside the Company

Class B and Equivalent

B None 1.00%

Class T and Equivalent

T None 1.15%

Class N and Equivalent

N None 1.50%

Class Z and Equivalent

Z None 0.50%

76 | Prospectus Capital International Fund

Annex 2.21: Fund Information Sheet

Capital Group US Corporate Bond Fund (LUX)

Launch Date 21 March 2017

Investment Objective To provide, over the long term, a high level of total return consistent with capital preservation and prudent risk
management. The Fund invests primarily in USD-denominated corporate Investment Grade Bonds. These
Bonds will be Investment Grade at the time of purchase. These are usually listed or traded on other Regulated
Markets. Unlisted securities and other fixed-income securities, including government securities, may also be
purchased, subject to the relevant provisions of the “General Investment Guidelines and Restrictions”.
Profile of the typical investor The Fund is particularly suitable for investors seeking high level of current income and the potential for higher
returns than cash through investment primarily in USD-denominated corporate Investment Grade Bonds.
Eligible Investment Countries Any country.
Specific Investment 1. The Fund will seek to invest at least 80% of its total net assets in corporate Bonds. Investment in Bonds will
Guidelines and Restrictions be limited to Investment Grade Bonds. Securities that fail to maintain an Investment Grade rating from at
least one rating agency (or which are no longer deemed Investment Grade by the Investment Adviser) must
be sold within six months, taking into account the interests of Shareholders. In case of split-rated Bonds, the
highest credit rating of S&P, Moody’s or Fitch will apply.
2. All securities held by the Fund will be denominated in USD.
3. The Fund may invest in ABS/MBS which will not exceed 10% of the net assets of the Fund.
4. The Fund may use interest rate swaps, CDX, futures and options on futures.
Specific Risks Bonds, derivative instruments, OTC Markets
Investment Adviser CRMC
Investment Sub-Adviser CISA
Base Currency USD
Valuation Date Each Business day, other than days (as determined by the Board or the Management Company at their
discretion) on which any market(s) representing a meaningful portion of the Fund’s portfolio is closed. For the
purpose of this paragraph, the market to be considered is the market where the relevant instrument is traded. (A
list of such dates is available on capitalgroup.com/international)
Calculation method of the risk The methodology used in order to calculate the global exposure resulting from the use of financial derivative
exposure instruments is the commitment approach in accordance with the CSSF Circular 11/512.
Hedged Equivalent Classes The Fund will aim at hedging 100% (with a reasonable margin of tolerance) of its total net assets, from USD into
the currency referred to in the relevant Class’s designation. The list of available Hedged Equivalent Classes can
be found online on the Management Company’s webpage at capitalgroup.com/international
Cut-Off Time 1:00pm Luxembourg time on every Valuation Date
Fiscal year-end 31 December in each year
Fees and charges Fund Administration Fee 1 0.15% maximum
Depositary and Custody Fees 2
0.03% maximum
Sales Charge 5.25 % maximum

1 Effective rate varies with the total assets of the Fund up to the indicated maximum.
2 Effective rate varies with the total assets of the Fund and with the country breakdown in the Portfolio up to the indicated maximum.

Capital International Fund Prospectus | 77

Capital Group US Corporate Bond Fund (LUX)

Minimum Initial Investment and Amount held at any time Management Fee

Class A4, A7, A9, A11 and Equivalent

A4 $10 million or equivalent 0.275%

A7 $100 million or equivalent 0.250%

A9 $250 million or equivalent 0.210%

A11 $500 million or equivalent 0.175%

Class C and Equivalent

C None Charged outside the Company

Class B and Equivalent

B None 1.00%

Class N and Equivalent

N None 1.50%

Class Z and Equivalent

Z None 0.50%

78 | Prospectus Capital International Fund

Annex 2.22: Fund Information Sheet

Capital Group Global High Income Opportunities (LUX)

Launch Date 7 May 1999 1

Investment Objective To provide, over the long term, a high level of total return, of which a large component is current income. The
Fund invests primarily in Emerging Market government Bonds and corporate High Yield Bonds from around the
world, denominated in USD and various national currencies (including Emerging Markets currencies). These are
usually listed or traded on other Regulated Markets. Unlisted securities may also be purchased, subject to the
relevant provisions of the “General Investment Guidelines and Restrictions”.
Profile of the typical investor The Fund is particularly suitable for investors seeking the potential for higher returns than traditional fixed income
with less volatility than equities through investment primarily in corporate High Yield Bonds and government
Bonds of Emerging Markets.
Eligible Investment Countries Any country.
Specific Investment Guidelines 1. The Fund will invest primarily in Bonds.
and Restrictions 2. In general, the Fund will seek to have not more than 25% of its total net assets invested in hybrid securities
(i.e. fixed-income securities convertible into equity or preferred shares), or equity securities
3. Securities will normally be (a) listed on official stock exchanges or (b) traded on other Regulated Markets.
However, unlisted securities may also be purchased, subject to the relevant provisions of the “General
Investment Guidelines and Restrictions”.
4. The Fund may invest up to 10% in distressed securities.
5. The Fund may use interest rate swaps, CDX, futures and options on futures.
6. The Fund may invest in contingent convertible bonds which will not exceed 5% of the net assets of the Fund.
7. The Fund may invest on the China Interbank Bond Market up to 20% of the net assets of the Fund, either
directly or via Bond Connect.
8. The Fund may invest in loans, which comply with Articles 3 and 4 of the Luxembourg Grand Ducal Regulation
of 8 February 2008, CSSF Circular 08/380 and Article 1(23) of the 2010 Law within the limits set forth in
Annex I of this Prospectus.
Specific Risks Bonds, High Yield Bonds, contingent convertible bonds, derivative instruments, Emerging Markets, OTC Markets,
distressed securities, China Interbank Bond Market, Bond Connect.
The Fund is intended only for long-term investors. Withdrawals from the Fund during periods of volatility in the
markets in which the Fund invests will adversely affect all Shareholders.
Investment Adviser CRMC
Investment Sub-Adviser CISA
Base Currency USD
Valuation Date Each Business day, other than days (as determined by the Board or the Management Company at their
discretion) on which any market(s) representing a meaningful portion of the Fund’s portfolio is closed. For the
purpose of this paragraph, the market to be considered is the market where the relevant instrument is traded. (A
list of such dates is available on capitalgroup.com/international)
Calculation method of the risk The methodology used in order to calculate the global exposure resulting from the use of financial derivative
exposure instruments is the commitment approach in accordance with the CSSF Circular 11/512.
Hedged Equivalent Classes The Fund will aim at hedging, with a reasonable margin of tolerance, its total net assets from USD (regardless of
the underlying current exposure of the portfolio to USD) into the currency referred to in the relevant Class’s
designation. It is expected that the resulting effective hedge ratio (i.e. the percentage exposure in the currency of
the hedged share class) will typically be in the range of 80% to 100%.The list of available Hedged Equivalent
Classes can be found online on the Management Company’s webpage at capitalgroup.com/international
Cut-Off Time 1:00pm Luxembourg time on every Valuation Date
Subscription Pre-notification For subscription requests above €25,000,000 or equivalent, three Week Days before the relevant Valuation Date
Date
Redemption Pre-notification For redemption requests above €25,000,000 or equivalent, three Week Days before the relevant Valuation Date
Date
Fiscal year-end 31 December in each year
Fees and charges Fund Administration Fee 2 0.15% maximum
Depositary and Custody Fees 3
0.06% maximum
Sales Charge 5.25% maximum

1 Launch date of Capital International Global High Yield Fund, which merged into Capital International Global High Income Opportunities on 6 September 2002.
2 Effective rate varies with the total assets of the Fund up to the indicated maximum.
3 Effective rate varies with the total assets of the Fund and with the country breakdown in the Portfolio up to the indicated maximum.

Capital International Fund Prospectus | 79

Capital Group Global High Income Opportunities (LUX)

Minimum Initial Investment and Amount held at any time Management Fee

Class A4, A7, A9, A11 and Equivalent

A4 $10 million or equivalent 0.500%

A7 $100 million or equivalent 0.400%

A9 $250 million or equivalent 0.350%

A11 $500 million or equivalent 0.320%

Class C and Equivalent

C None Charged outside the Company

Class B and Equivalent

B None 1.50%

Class T and Equivalent

T None 1.75%

Class N and Equivalent

N None 2.15%

Class Z and Equivalent

Z None 0.75%

80 | Prospectus Capital International Fund

Annex 2.23: Fund Information Sheet

Capital Group US High Yield Fund (LUX)

Launch Date 30 October 2017

Investment Objective To provide, over the long term, a high level of total return largely comprised of current income. The secondary
investment objective of the Fund is capital appreciation. The Fund invests primarily in USD-denominated
corporate High Yield Bonds. These are usually listed or traded on other Regulated Markets. Unlisted securities
and other fixed-income securities may also be purchased, subject to the relevant provisions of the “General
Investment Guidelines and Restrictions”.
Profile of the typical investor The Fund is particularly suitable for investors seeking high level of current income through investment primarily in
USD-denominated corporate High Yield Bonds.
Eligible Investment Countries Any country.
Specific Investment Guidelines 1. The Fund will seek to invest at least 75% of its total net assets in USD-denominated corporate High Yield
and Restrictions Bonds.
2. The overall Portfolio exposure to the USD currency will generally be at least equal to 90% of the value of
the net assets of the Fund.
3. The Fund may invest up to maximum 10% in Emerging Markets corporate Bonds.
4. The Fund may invest in ABS/MBS which will not exceed 10% of the net assets of the Fund.
5. The Fund may invest up to 10% in distressed securities.
6. The Fund may use interest rate swaps, CDX, futures and options on futures.
7. The Fund may invest up to 10% in Equity and contingent convertible bonds.
8. The Fund may invest in loans, which comply with Articles 3 and 4 of the Luxembourg Grand Ducal
Regulation of 8 February 2008, CSSF Circular 08/380 and Article 1(23) of the 2010 Law within the limits
set forth in Annex I of this Prospectus.
Specific Risks Bonds, Emerging Markets, derivative instruments, distressed securities, OTC Markets, High Yield Bonds,
contingent convertible bonds
Investment Adviser CRMC
Investment sub-Adviser CISA
Base Currency USD
Valuation Date Each Business day, other than days (as determined by the Board or the Management Company at their
discretion) on which any market(s) representing a meaningful portion of the Fund’s portfolio is closed. For the
purpose of this paragraph, the market to be considered is the market where the relevant instrument is traded. (A
list of such dates is available on capitalgroup.com/international)
Calculation method of the risk The methodology used in order to calculate the global exposure resulting from the use of financial derivative
exposure instruments is the commitment approach in accordance with the CSSF Circular 11/512.
Hedged Equivalent Classes The Fund will aim at hedging 100% (with a reasonable margin of tolerance) of its total net assets, from USD
(regardless of the underlying current exposure of the portfolio to USD) into the currency referred to in the
relevant Class’s designation. The list of available Hedged Equivalent Classes can be found online on the
Management Company’s webpage at capitalgroup.com/international
Launch Date subscription cut- All launch date subscriptions will need to be received no later than 5:00pm CET three Business Days before the
off time Launch Date. All subscriptions received after this date will be processed on the relevant Valuation Date after
the Launch Date.
Cut-Off Time 1:00pm Luxembourg time on every Valuation Date
Fiscal year-end 31 December in each year
Fees and charges Fund Administration Fee 1 0.15 % maximum
Depositary and Custody Fees 2
0.03 % maximum
Sales Charge 5.25 % maximum

1 Effective rate varies with the total assets of the Fund up to the indicated maximum.
2 Effective rate varies with the total assets of the Fund and with the country breakdown in the Portfolio up to the indicated maximum.

Capital International Fund Prospectus | 81

Capital Group US High Yield Fund (LUX)

Minimum Initial Investment and Amount held at any time Management Fee

Class A4, A7, A9 and Equivalent

A4 $10 million or equivalent 0.43%

A7 $100 million or equivalent 0.33%

A9 $250 million or equivalent 0.30%

Class C and Equivalent

C None Charged outside the Company

Class B and Equivalent

B None 1.30%

Class N and Equivalent

N None 2.05%

Class Z and Equivalent

Z None 0.65%

82 | Prospectus Capital International Fund

Annex 2.24: Fund Information Sheet

Capital Group Emerging Markets Debt Fund (LUX)

Launch Date 24 July 2007 1

Investment Objective To provide, over the long term, a high level of total return, of which a large component is current income. The
Fund invests primarily in government and corporate Bonds, denominated in various currencies, of issuers in
Eligible Investment Countries. Securities of Emerging Markets issuers are defined as those: (1) from issuers in
Emerging Markets; (2) that are denominated in Emerging Markets currencies; or (3) that are from issuers
deemed to be suitable for the Fund because they have or are expected to have significant economic exposure
to Emerging Markets (through assets, revenues, or profits). These are usually listed or traded on other
Regulated Markets. Unlisted securities may also be purchased, subject to the relevant provisions of the
“General Investment Guidelines and Restrictions”.
Profile of the typical investor The Fund is particularly suitable for investors who are seeking current income and the potential for long-term
high total returns through investment primarily in Emerging Markets government and corporate Bonds and
understand and accept the high level of risks associated with such an investment.
Eligible Investment Countries Emerging Markets; countries rated Ba or lower or BB or lower by a nationally recognized statistical rating
organization; and countries that are on an International Monetary Fund (“IMF”) program, have outstanding
liabilities to the IMF, or have exited an IMF program no more than 5 years earlier.
Specific Investment Guidelines 1. The Fund may invest in credit-default swaps as a protection buyer; it may sell protection only for the
and Restrictions purpose of offsetting an existing buy-protection in the Portfolio, and not to raise exposure to credit.
2. The Fund may invest up to 10% in distressed securities.
3. The Fund may use interest rate swaps, CDX, futures and options on futures.
4. The Fund may invest in contingent convertible bonds which will not exceed 5% of the net assets of the
Fund.
5. The Fund may invest on the China Interbank Bond Market up to 20% of the net assets of the Fund, either
directly or via Bond Connect.
6. The Fund may invest in loans, which comply with Articles 3 and 4 of the Luxembourg Grand Ducal
Regulation of 8 February 2008, CSSF Circular 08/380 and Article 1(23) of the 2010 Law within the limits
set forth in Annex I of this Prospectus.
Specific Risks Bonds, Emerging Markets, derivative instruments, OTC Markets, High Yield Bonds, distressed securities,
contingent convertible bonds, China Interbank Bond Market, Bond Connect
Investment Adviser CRMC
Investment Sub-Adviser CISA
Base Currency USD
Valuation Date Each Business Day, other than days (as determined by the Board or the Management Company at their
discretion) on which any market(s) representing a meaningful portion of the Fund’s portfolio is closed. For the
purpose of this paragraph, the market to be considered is the market where the relevant instrument is traded.
(A list of such dates is available on capitalgroup.com/international)
Calculation method of the The methodology used in order to calculate the global exposure resulting from the use of financial derivative
risk exposure instruments is the commitment approach in accordance with the CSSF Circular 11/512.
Hedged Equivalent Classes The Fund will aim at hedging 50% (with a reasonable margin of tolerance) of its total net assets, from USD
(regardless of the current exposure of the portfolio to USD), into the currency referred to in the relevant Class’s
designation. The list of available Hedged Equivalent Classes can be found online on the Management
Company’s webpage at capitalgroup.com/international
Cut-Off Time 1:00 pm Luxembourg time on every Valuation Date, Subscription Pre-notification Date and Redemption Pre-
notification Date
Subscription Pre-notification For subscription requests above $25,000,000 or equivalent, three Week Days before the relevant Valuation
Date Date
Redemption Pre-notification For redemption requests above $25,000,000 or equivalent, three Week Days before the relevant Valuation
Date Date
Fiscal year-end 31 December in each year
Fees and charges Fund Administration Fee 2 0.15% maximum
Depositary and Custody Fees 3 0.12% maximum
Sales Charge 5.25% maximum

1 Launch date of Capital Group Emerging Markets Debt Fund (LUX) in Capital International Portfolios, another Luxembourg UCITS of the as Capital Group.
2 Effective rate varies with the total assets of the Fund up to the indicated maximum.
3 Effective rate varies with the total assets of the Fund and with the country breakdown in the Portfolio up to the indicated maximum.

Capital International Fund Prospectus | 83

Capital Group Emerging Markets Debt Fund (LUX)

Minimum Initial Investment and amount held at any time Management Fee

Class A4, A7, A9, A11, A13, A15 and Equivalent

A4 $10 million or equivalent 0.50%
A7 $100 million or equivalent 0.40%
A9 $250 million or equivalent 0.35%
A11 $500 million or equivalent 0.32%
A13 $750 million or equivalent 0.30%
A15 $1,000 million or equivalent 0.275%
Class C and Equivalent
C None Charged outside the Company
Class B and Equivalent
B None 1.50%
Class T and Equivalent
T None 1.75%
Class N and Equivalent
N None 2.15%
Class Z and Equivalent
Z None 0.75%

84 | Prospectus Capital International Fund

Annex 2.25: Fund Information Sheet

Capital Group Emerging Markets Local Currency Debt Fund (LUX)

Launch Date 10 August 2010 1

Investment Objective To provide, over the long term, a high level of total return, of which a large component is current income. The
Fund invests primarily in government and corporate Bonds, denominated in the local currencies of issuers in
Eligible Investment Countries. Securities of Emerging Markets issuers are defined as those: (1) from issuers in
Emerging Markets; (2) that are denominated in Emerging Markets currencies; or (3) that are from issuers
deemed to be suitable for the Fund because they have or are expected to have significant economic exposure
to Emerging Markets (through assets, revenues, or profits). These are usually listed or traded on other
Regulated Markets. Unlisted securities may also be purchased, subject to the relevant provisions of the
“General Investment Guidelines and Restrictions”.
Profile of the typical investor The Fund is particularly suitable for investors who are seeking current income and the potential for long-term
high total returns through investment primarily in Emerging Markets government and corporate Bonds, and
understand and accept the high level of risks associated with such an investment, including being exposed to
the local currencies of Emerging Markets issuers.
Eligible Investment Countries Emerging Markets; countries rated Ba or lower or BB or lower by a nationally recognized statistical rating
organization; and countries that are on an International Monetary Fund (“IMF”) program, have outstanding
liabilities to the IMF, or have exited an IMF program no more than 5 years earlier.
Specific Investment Guidelines 1. In general, the Fund will seek to have not more than 20% of its assets invested in Bonds and hybrid
and Restrictions securities denominated in USD and other non-Emerging Markets local currencies.
2. The Fund may invest in credit-default swaps as a protection buyer; it may sell protection only for the
purpose of offsetting an existing buy-protection in the Portfolio, and not to raise exposure to credit.
3. The Fund may invest up to 10% in distressed securities
4. The Fund may use interest rate swaps, CDX, futures and options on futures.
5. The Fund may invest in contingent convertible bonds which will not exceed 5% of the net assets of the
Fund.
6. The Fund may invest on the China Interbank Bond Market up to 20% of the net assets of the Fund, either
directly or via Bond Connect.
Specific Risks Bonds, Emerging Markets, derivative instruments, OTC Markets, High Yield Bonds, contingent convertible
bonds, distressed securities, China Interbank Bond Market, Bond Connect
Investment Adviser CRMC
Investment Sub-Adviser CISA
Base Currency USD
Valuation Date Each Business Day, other than days (as determined by the Board or the Management Company at their
discretion) on which any market(s) representing a meaningful portion of the Fund’s portfolio is closed. For the
purpose of this paragraph, the market to be considered is the market where the relevant instrument is traded.
(A list of such dates is available on capitalgroup.com/international)
Calculation method of the The methodology used in order to calculate the global exposure resulting from the use of financial derivative
risk exposure instruments is the commitment approach in accordance with the CSSF Circular 11/512.
Cut-Off Time 1:00 pm Luxembourg time on every Valuation Date, Subscription Pre-notification Date and Redemption Pre-
notification Date
Subscription Pre-notification For subscription requests above $5,000,000 or equivalent, three Week Days before the relevant Valuation Date
Date
Redemption Pre-notification For redemption requests above $5,000,000 or equivalent, three Week Days before the relevant Valuation Date
Date
Fiscal year-end 31 December in each year
Fees and charges Fund Administration Fee 2 0.15% maximum
Depositary and Custody Fees 3
0.14% maximum
Sales Charge 5.25% maximum

1 Launch date of Capital Group Emerging Markets Local Currency Debt Fund (LUX) in Capital International Portfolios, another Luxembourg UCITS of the as Capital Group.
2 Effective rate varies with the total assets of the Fund up to the indicated maximum.
3 Effective rate varies with the total assets of the Fund and with the country breakdown in the Portfolio up to the indicated maximum.

Capital International Fund Prospectus | 85

Capital Group Emerging Markets Local Currency Debt Fund (LUX)

Minimum Initial Investment and amount held at any time Management Fee
Class A4, A7, A9, A11, A13, A15 and Equivalent
A4 $10 million or equivalent 0.50%
A7 $100 million or equivalent 0.40%
A9 $250 million or equivalent 0.35%
A11 $500 million or equivalent 0.32%
A13 $750 million or equivalent 0.30%
A15 $1,000 million or equivalent 0.275%
Class C and Equivalent
C None Charged outside the Company
Class B and Equivalent
B None 1.50%
Class T and Equivalent
T None 1.75%
Class N and Equivalent
N None 2.15%
Class Z and Equivalent
Z None 0.75%

86 | Prospectus Capital International Fund