Capital Group Growth ETF CGGR

Capital Group has announced that Julian Abdey, a previously undisclosed manager on Capital Group Growth ETF, will officially enter the strategy’s managerial ranks on May 1, 2024. Abdey, who himself has 28 years of industry experience (and more than two decades with Capital Group, including five years as a named manager on American Funds Fundamental Investors ANCFX), joins a deep and seasoned group of six other managers on the strategy. He also likes to look at small- and mid-cap equities, which should be a helpful complement to this large-growth offering. The multimanager strategy retains its Above Average People and Process ratings.