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 Capital Group
Category Flexible Portfolio
Performance Rating Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol CBFAX
Share Class Class 529-a
Index MSCI AC World NR USD
CBFAX had a total return of 13.46% in the past year, including dividends. Since the fund's
inception, the average annual return has been 6.60%.
