Lara Pellini will publicly join American Funds Capital World Growth & Income’s management team in February 2021, American Funds’ parent Capital Group has said. Pellini, who had been an undisclosed manager on the strategy for more than two years, joins as longtime manager Joyce Gordon departs to focus on other American Funds strategies, the firm said. American Funds Capital World Growth & Income will still have an experienced nine-person management team from two Capital Group equity subsidiaries, so the Morningstar Analyst Ratings of its 17 share classes remain the same.
American Funds Capital World Gr&Inc 529A CWIAX
NAV / 1-Day Return
60.72
/
0.91
%
Total Assets
112.4 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.
0.800%
Expense Ratio
0.800%
Fee Level
Low
Longest Manager Tenure
15.09
years
Category
World Large Stock
Investment Style
Large BlendMin. Initial Investment
250
Status
Open
TTM Yield
1.18%
Turnover
36%
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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 CWIAX 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 CWIAX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the CWIAX 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 CWIAX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Management Shuffle at American Funds Capital World Growth & Income
