About CGVEX
American Funds Global Insight Fund 529-E is a globally diversified mutual fund within the American Funds family. Its primary objective is to provide prudent growth of capital while conserving principal. The fund is actively managed and invests predominantly in common stocks of companies worldwide that the adviser identifies as having strong growth potential. With a portfolio that spans North America, Europe, Asia, and emerging markets, the fund holds over 199 distinct issuers, offering broad geographic and sector exposure. It emphasizes a balanced blend of U.S. and international holdings, with significant allocations to both developed and emerging economies. The fund is structured to appeal to long-term investors seeking global diversification, and it exhibits a relatively low turnover rate, indicating a long-term investment approach. Notably, the fund maintains a carbon risk score lower than its peers, reflecting a focus on sustainability within its holdings. It pays annual dividends and capital gains, and is specifically designed for education savings as part of the 529 plan series, making it a suitable option for investors looking to grow assets for future education costs.
Fund Family Capital Group
Category World Large-Stock Blend
Performance Rating Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol CGVEX
Share Class Class 529-e
Index MSCI World NR USD
CGVEX had a total return of 17.38% in the past year, including dividends. Since the fund's
inception, the average annual return has been 10.91%.
