Capital Group launches 7 new ETFs on the New York Stock Exchange

The new services include four equity ETFs and three fixed income ETFs, bringing Capital Group's ETF platform to 21

ANGELS, June 27, 2024 /PRNewswire/ — Capital Group has introduced seven new active and transparent exchange-traded funds (ETFs) to complement its existing suite of core solutions for investor portfolios. The new strategies, including four equity ETFs and three fixed income ETFs, begin trading today on the New York Stock Exchange (NYSE). In just over two years, Capital Group has launched 21 ETFs (11 equity, nine fixed income and one multi-asset) with assets under management (AUM) of $29 billiongaining more than 4% market share among active ETFs¹.

The seven new funds include:

“Financial professionals can now choose from 21 Capital Group ETFs, which fall into some of the largest and most commonly allocated categories,” said Scott Davishead of ETFs at Capital Group. “Our robust suite of ETFs offers financial professionals and their clients the ability to build model portfolios, for which we have heard clear demand, as well as access to Capital's long-term active approach in investment management, competitive fees and potential for higher returns than the benchmark as they pursue their long-term financial goals. »

“We know that our active ETFs are an important and differentiated addition to the market, as nearly 25,000 financial professionals² already using our funds. Our goal is to continue to bring Capital's long history of consistently delivering superior investment results to more financial professionals and their clients,” Davis added.

Details of the full range of available Capital Group ETFs are available here.

About Capital Group

Capital Group, home of American Funds, has been focused since 1931 on achieving superior results for long-term investors using high-conviction portfolios, rigorous research and individual accountability.

From March 31, 2024Capital Group manages more than $2.6 trillion Capital Group manages equity and fixed income assets for millions of individual and institutional investors worldwide. Capital Group manages equity assets through three investment groups. These groups make investment and proxy voting decisions independently. Fixed income investment professionals provide fixed income research and investment management across the Capital organization. However, for securities with equity characteristics, they act solely on behalf of one of the three equity investment groups.
For more information, visit capitalgroup.com.

Investments are not FDIC insured, nor are they deposits or guaranteed by any bank or other entity, so they may lose value.

Investors should carefully consider the investment objectives, risks, charges and expenses. This and other important information is contained in the fund prospectuses and summary prospectuses, which can be obtained from a financial professional and should be read carefully before investing.

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Statements attributed to any person represent the views of that person as of the date of publication and do not necessarily reflect the views of Capital Group or its affiliates. This information is intended to highlight issues and should not be construed as advice, an endorsement or a recommendation.

All Capital Group trademarks mentioned are the property of The Capital Group Companies, Inc., an affiliated company or fund. All other company and product names mentioned are the property of their respective companies.

On or around July 1, 2024American Funds Distributors, Inc. will be renamed Capital Client Group, Inc.

¹ Source: Morningstar. Direct US ETFs only from May 31, 2024
² Source: Capital Group. Integrated ETF sales tracking solution leveraging 3PD, an enterprise data pack and other data sources (24.6k sales advisors) from May 31, 2024.

Media contact:
Sarah ChristiansenCapital Group
[email protected]
650-447-4986

SOURCE Capital group companies