CGGO

Capital Group Global Growth Equity ETF

$34.19
+0.00%
Market closed. Last update: 10:55 PM ET

📎 Investment Objective

The Capital Group Global Growth Equity ETF (CGGO) seeks to provide long-term growth of capital by investing in a diversified portfolio of global equity securities.

Overview

ETF tracking Capital Group Global Growth Equity ETF

Issuer Other
Inception Date 2022-02-24
Market Cap $7.3B
Average Volume N/A
Dividend Yield 1.26%
52-Week Range $25.31 - $35.51
VWAP $34.18

Performance

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Investment Summary

📎 Investment Objective

The Capital Group Global Growth Equity ETF (CGGO) seeks to provide long-term growth of capital by investing in a diversified portfolio of global equity securities.

🎯 Investment Strategy

The ETF invests primarily in common stocks of companies located around the world, including both developed and emerging markets. The fund's investment manager uses fundamental research to identify companies it believes have the potential for above-average, long-term growth.

✨ Key Features

  • Broad global equity exposure across developed and emerging markets
  • Actively managed portfolio focused on high-quality, growth-oriented companies
  • Low expense ratio of 0.00%
  • Relatively new ETF with limited performance history

⚠️ Primary Risks

  • Exposure to global equity markets, which can be volatile and subject to currency fluctuations
  • Potential for higher risk from investing in emerging markets
  • Reliance on the investment manager's ability to select outperforming stocks
  • Limited performance history makes it difficult to evaluate long-term returns

👤 Best For

The Capital Group Global Growth Equity ETF may be suitable for long-term investors seeking broad global equity exposure and the potential for capital appreciation, with a higher risk tolerance to account for the volatility of international and emerging market stocks.