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American Funds Fundamental Invs 529C CFNCX Fund Analysis

| Medalist Rating as of | See American Funds Investment Hub

Morningstar’s Analysis CFNCX

Will CFNCX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

A Swap at the Top Doesn’t Affect American Funds Fundamental Investors’ Ratings

null Stephen Welch

Stephen Welch

Analyst Note

Capital Group has announced that Brady Enright stepped down as lead principal investment officer of American Funds Fundamental Investors on April 1. Mark Casey, who has overseen the contributions of a team from Capital International Investors to this strategy since July 2018, will take Enright’s place allocating capital to the managers’ independently run portions of the portfolio. Enright will remain a manager on the strategy. Given Enright’s continued involvement and Casey’s readiness for the lead PIO role, the changes affect neither the strategy’s Above Average People and Process ratings nor its share classes’ respective Morningstar Medalist Ratings.

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