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About Capital Group New Geography Equity ETF
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Inception date
Jun 25, 2024
Structure
Open-Ended Fund
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Qualified dividends
Primary advisor
Capital Research & Management Co.
Distributor
Capital Client Group, Inc.
CGNG focuses on companies with significant exposure to developing countries, which may include both emerging and frontier markets. While the fund targets emerging market equity securities, companies from developed markets are considered if a significant portion of their assets or revenues, generally 20% or more, is developing country material exposure. In selecting securities, the adviser evaluates various factors such as per capita GDP, industrialization level, market capital as a percentage of GDP, regulatory environment, and restrictions on foreign ownership and capital repatriation. Managed by multiple portfolio managers, each handling different segments, the fund relies on professional judgment to identify attractively valued companies for long-term investment opportunities. Positions are sold when they no longer offer attractive investment prospects.
Classification
What's in the fund
Exposure type
Electronic Technology
Finance
Technology Services
Stock breakdown by region
Displays a symbol's price movements over previous years to identify recurring trends.