American Funds SMALLCAP World manager Dylan Yolles left the fund and parent firm Capital Group on Feb. 4, 2021. Yolles had an undisclosed consensual relationship with a Capital Group associate, in violation of the company's code of conduct, and he tendered his resignation upon disclosing the relationship. Yolles' departure, though abrupt, does not alter the strategy's Morningstar Analyst Rating range of Silver to Bronze, depending on share class fees.
American Funds SMALLCAP World 529E CSPEX
NAV / 1-Day Return
80.46
/
0.90
%
Total Assets
76.7 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
1.280%
Expense Ratio
1.280%
Fee Level
Low
Longest Manager Tenure
21.43
years
Category
World Small/Mid Stock
Investment Style
Mid GrowthMin. Initial Investment
250
Status
Open
TTM Yield
0.00%
Turnover
38%
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Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will CSPEX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable CSPEX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the CSPEX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of CSPEX’s parent organization’s priorities and whether they’re in line with investors’ interests.
A Manager Departs American Funds SMALLCAP World; Ratings Unchanged
