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American Funds Capital World Gr&Inc R1 RWIAX

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Manager Departure at American Funds Capital World Growth & Income

Analyst Note

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American Funds’ parent Capital Group in April 2021 announced that manager Alex Sheynkman will step off American Funds Capital World Growth & Income’s management team at the end of the month to pursue new opportunities. Following his departure, the firm will distribute his portion of assets to the strategy’s remaining eight-person management team from two Capital Group subsidiaries. The strategy retains its Morningstar Analyst Rating range of Silver to Bronze.

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