Capital Group Global Growth Equity ETF targets global growth equities with a diversified portfolio of 103 stocks and a 0.47% expense ratio. CGGO combines higher growth rates with value characteristics, outperforming its benchmark on valuation ratios despite a growth focus. Despite these strengths, CGGO has underperformed the ACWI benchmark and key competitors in risk-adjusted returns.
Capital Group Global Growth Equity ETF offers global diversification, focusing on growth stocks from various sectors and regions, with 40% assets outside the U.S. The CGGO fund's holdings include top tech and healthcare companies like TSMC, Microsoft, NVIDIA, Alphabet, and Novo Nordisk, emphasizing innovation. CGGO's competitive 0.47% expense ratio and active management aim for outperformance, despite recent underperformance compared to iShares MSCI ACWI ETF.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| TJD Thomas John Drogan PR Inc.IPAL SECURITIES Inc. | 328,693 | $10.29M | $13.17M | $2.88M | 28.04% |
| CE Curtis Ellergodt Rothschild Investment LLC | 270,536 | $8.66M | $10.84M | $2.18M | 25.24% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 437,848 | $13.7M | $17.44M | $3.74M | 27.3% |
| RS Ramu Singh CALTON & ASSOCIATES Inc. | 43,569 | $1.51M | $1.75M | $236,629.1 | 15.68% |
Landaas & Company Landaas & Co | 61,053 | $2M | $2.44M | $441,474.53 | 22.04% |
| ARCA Exchange | US Country |
The fund described is a global investment vehicle focusing primarily on equity securities, aiming to invest in companies worldwide possessing considerable growth potential. It emphasizes common stocks, allocating at least 80% of its assets in this class. The investment strategy showcases a significant international inclination, with a commitment to invest a substantial portion of the assets in entities domiciled outside the United States. Under normal conditions, it plans to allocate at least 40% of its net assets internationally, with a flexibility to reduce this minimum to 30% during unfavorable market conditions as judged by the investment adviser. This fund is classified as non-diversified, implying it may concentrate its investments more heavily in fewer issuers than a diversified fund.
This product focuses on investing in the common stocks of companies around the globe that exhibit potential for growth. It represents the fund's core activity, adhering to the belief in the long-term value of equity investments as a vehicle for capital appreciation.
Underpinning its global investment approach, the fund strategically allocates a significant portion of its assets to companies outside of the United States. This exposes investors to international markets, offering diversification benefits and the potential for returns influenced by global economic dynamics.
While the fund aims to invest at least 40% of its assets internationally, it retains the flexibility to adjust this allocation to a minimum of 30% based on the investment adviser's assessment of market conditions. This adaptability ensures that investment decisions can be optimized in response to evolving global market trends and risks.