About CBFAX
American Funds Global Balanced Fund 529-A is an open-end mutual fund designed to provide a strategic blend of growth, income, and capital preservation. As a global moderate allocation fund, it invests across multiple asset classes—including equities, fixed income, and cash—striving to maintain a balanced exposure between 50% and 70% in equities. The fund is managed by a team of experienced portfolio managers and allocates its assets across a minimum of three countries, with substantial holdings both in and outside the United States. Under typical market conditions, at least 40% of its assets are invested internationally, reflecting a commitment to broad global diversification. The fixed-income portion is largely invested in U.S. Treasuries and other sovereign bonds, while the equity sleeve covers a wide range of market sectors. The fund’s main objectives are long-term growth of capital, conservation of principal, and current income, making it a core holding for investors seeking worldwide diversification coupled with moderate risk exposure. Its notable features include a competitive expense ratio and a diversified portfolio that adapts to changing market conditions, supporting its role as a versatile option within the global balanced allocation category.
Fund Family American Funds
Category Flexible Portfolio
Stock Exchange NASDAQ
Ticker Symbol CBFAX
Share Class Class 529-a
Index MSCI AC World NR USD
CBFAX had a total return of 12.20% in the past year, including dividends. Since the fund's
inception, the average annual return has been 6.09%.
