CGNG

Capital Group New Geography Equity ETF

$31.61
+0.00%
Market closed. Last update: 10:57 PM ET

📎 Investment Objective

The Capital Group New Geography Equity ETF (CGNG) seeks to provide long-term capital growth by investing in a diversified portfolio of equity securities of companies located in emerging and frontier market countries.

Overview

ETF tracking Capital Group New Geography Equity ETF

Category Other
Issuer Other
Inception Date 2024-06-27
Market Cap $882.1M
Average Volume N/A
Dividend Yield 0.21%
52-Week Range $22.52 - $32.21
VWAP $31.65

Performance

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Investment Summary

📎 Investment Objective

The Capital Group New Geography Equity ETF (CGNG) seeks to provide long-term capital growth by investing in a diversified portfolio of equity securities of companies located in emerging and frontier market countries.

🎯 Investment Strategy

The fund aims to achieve its objective by investing primarily in stocks of companies located in developing economies around the world. The portfolio managers use fundamental research to identify companies they believe have strong growth potential. The fund is actively managed, with the managers adjusting the portfolio as market conditions and opportunities change.

✨ Key Features

  • Exposure to equities in emerging and frontier market countries
  • Actively managed portfolio seeking to identify high-growth companies
  • Diversified across multiple developing economies
  • No management fees or expense ratio

⚠️ Primary Risks

  • Emerging and frontier market risk, including political, economic, and currency volatility
  • Equity market risk and potential for significant fluctuations in share prices
  • Active management risk, as the fund's performance depends on the skill of the portfolio managers
  • Liquidity risk, as some holdings may be difficult to buy or sell

👤 Best For

The Capital Group New Geography Equity ETF may be suitable for long-term investors seeking exposure to the growth potential of developing economies, as part of a diversified portfolio. Investors should have a high risk tolerance and a long-term investment horizon to withstand the volatility inherent in emerging market equities.