Firm veteran Julian Abdey will join American Funds Growth Fund of America's named management team on Nov. 1, 2021. The firm previously announced that longtime manager Barry Crosthwaite will step off the fund then as well. Following these changes, the strategy will still have an experienced 13-person management team from three Capital Group equity subsidiaries. The Morningstar Analyst Ratings across its 19 shares classes remain between Silver and Bronze.
Will RGAAX outperform in future?
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The People Pillar is our evaluation of the RGAAX 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 RGAAX’s parent organization’s priorities and whether they’re in line with investors’ interests.