About CGGGX
The American Funds Global Growth Portfolio ABLE-A is a diversified mutual fund designed to seek long-term capital growth by investing in an array of global equities. Managed by Capital Research and Management Company, the portfolio combines multiple American Funds with growth-oriented strategies, targeting companies across both U.S. and international markets. Its asset allocation typically emphasizes equities, with recent allocations showing approximately 54% in U.S. equities and 41% in non-U.S. equities, while maintaining minimal exposure to bonds and cash equivalents.
Launched in 2012, the fund strategically blends holdings from several underlying funds focused on global opportunities, including large-cap, small-cap, and sector-leading businesses. This approach aims to capture innovation and expansion trends worldwide, accommodating investors looking for broad exposure to established and emerging growth sectors. With over 1,500 holdings, the portfolio is recognized for its thoughtful objectives-based construction, low turnover, and comprehensive global diversification. By blending various American Funds, the portfolio seeks to balance risk and growth potential, making it a notable option for those seeking diversified global equity exposure within a single investment vehicle.
Fund Family Capital Group
Category Global Large-Cap Growth
Performance Rating Average
Risk Rating High
Stock Exchange Nasdaq
Ticker Symbol CGGGX
Share Class Class Able-a
Index MSCI AC World NR USD
CGGGX had a total return of 13.44% in the past year, including dividends. Since the fund's
inception, the average annual return has been 10.65%.
