Firm veteran Martin Jacobs will become American Funds Investment Company of America's ninth named portfolio manager on March 1, 2021. This news does not alter the strategy's Morningstar Analyst Rating range of Silver to Neutral, depending on share-class fees.
Will CICFX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable CICFX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the CICFX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of CICFX’s parent organization’s priorities and whether they’re in line with investors’ interests.