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.
American Funds Growth Fund of Amer R4 RGAEX
NAV / 1-Day Return
69.69
/
0.32
%
Total Assets
276.8 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.
0.650%
Expense Ratio
0.650%
Fee Level
Low
Longest Manager Tenure
28.21
years
Category
Large Growth
Investment Style
Large GrowthMin. Initial Investment
250
Status
Open
TTM Yield
0.02%
Turnover
24%
Premium
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 RGAEX 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 RGAEX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the RGAEX 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 RGAEX’s parent organization’s priorities and whether they’re in line with investors’ interests.
An Upcoming Manager Addition at American Funds Growth Fund of America Does Not Change Our View
