Summary
CGNG Chart
Capital Group New Geography Equity ETF $CGNG Shares Purchased by Confluence Wealth Services Inc.
Confluence Wealth Services Inc. lifted its stake in Capital Group New Geography Equity ETF (NYSEARCA:CGNG) by 9.1% in the undefined quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 453,794 shares of the company's stock after purchasing an additional 37,967 shares during the
CGNG: World Equity Fund From Capital Group
Capital Group New Geography Equity ETF offers global equity exposure with a unique revenue-based, look-through approach across developed and emerging markets. CGNG maintains a balanced portfolio, overweight tech, with a 16.7x P/E and 2.9x P/B, and targets developed-markets-like volatility. Performance has been strong but volatile, with a 17% annualized volatility and -13% drawdown during market stress; the expense ratio is 0.64%.
Capital Group New Geography Equity ETF Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| TJD Thomas John Drogan PR Inc.IPAL SECURITIES Inc. | 48,119 | $1.5M | $1.73M | $231,548.8 | 15.42% |
| CE Curtis Ellergodt Rothschild Investment LLC | 6,200 | $184,332 | $223,262 | $38,930 | 21.12% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 110,130 | $3.23M | $3.94M | $713,237.81 | 22.08% |
 Jeff Ameen Spire Wealth Management | 8,962 | $276,987.6 | $324,334.78 | $47,347.18 | 17.09% |
| EBA Eagle Bay Advisors LLC Eagle Bay Advisors LLC | 151,651 | $4.79M | $5.44M | $649,824.53 | 13.57% |
Capital Group New Geography Equity ETF (CGNG) FAQ
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Capital Group New Geography Equity ETF Profile
| ARCA Exchange | US Country |
Overview
The fund is an investment vehicle primarily focused on common stocks of companies that are deeply rooted in countries with developing economies and markets, often termed as emerging markets. These markets offer a dynamic growth landscape but come with their own set of risks due to the nascent nature of their financial and regulatory frameworks. To mitigate these risks and capitalize on the growth potential, the fund maintains a focused investment strategy that commits at least 80% of its assets to equity securities within these regions. This approach underscores the fund's pursuit of growth through exposure to emerging markets, while its non-diversified status indicates a concentrated investment in fewer holdings to potentially realize significant gains.
Products and Services
The fund's core offerings are delineated through its focused investment strategy in emerging markets. This is characterized by two primary commitments:
- Investment in Common Stocks: The principal product of the fund is the investment in common stocks of companies that are significantly exposed to developing economies and markets. This investment strategy aims to leverage the growth dynamics of emerging markets to provide competitive returns for its investors.
- Focus on Equity Securities: In alignment with its strategy, at least 80% of the fund's assets are invested in equity securities. This is indicative of the fund's commitment to harnessing the equity-driven growth potential within these volatile yet promising markets. The equity focus emphasizes the fund's approach to seeking growth through a concentrated portfolio, betting on the higher growth potential of equities in emerging markets compared to more developed counterparts.
