About CGRGX
American Funds Growth Portfolio ABLE-F-2 is a mutual fund designed to provide investors with long-term capital appreciation primarily through exposure to growth-oriented equities. The portfolio invests predominantly in U.S. stocks, which make up over 75% of its holdings, while also maintaining a significant allocation to non-U.S. equities, allowing for global diversification. Its sector allocation emphasizes information technology, industrials, health care, and consumer discretionary, reflecting its focus on high-growth industries. Managed within a fund-of-funds structure, the portfolio leverages a selection of established American Funds to achieve its investment objectives, benefiting from diversified underlying strategies and professional oversight. With an expense ratio of 0.43%, it is notably cost-effective compared to its category average. The portfolio is constructed for investors seeking growth through equity markets and plays a prominent role as a growth engine within a broader investment portfolio, suitable for those seeking an aggressive allocation to equities without direct exposure to bonds. Since its inception in 2012, the fund has ranked favorably among its peers in the Morningstar aggressive allocation category, demonstrating competitive historical performance and disciplined risk management.
Fund Family Capital Group
Category Allocation--85%+ Equity
Performance Rating High
Risk Rating Above Average
Stock Exchange Nasdaq
Ticker Symbol CGRGX
Share Class Class Able-f-2
Index S&P 500 TR
CGRGX had a total return of 10.15% in the past year, including dividends. Since the fund's
inception, the average annual return has been 12.92%.
