CGGO Profile
CGGO
(Capital Global Growth Equity ETF) is an exchange-traded fund (ETF)
managed by Capital Research and Management Company. The ETF seeks to
track the performance of the MSCI All Country World Index (ACWI)
Growth Index, which is a benchmark that tracks the performance of
large and mid-cap companies in developed and emerging markets that are
expected to grow at a faster pace than the overall market.
As a
global equity ETF, CGGO invests primarily in a diversified portfolio
of growth-oriented companies in developed and emerging markets around
the world. The ETF aims to provide investors with exposure to
companies that have the potential for strong long-term growth and
capital appreciation.
As of September 2021, the CGGO ETF had
total net assets of around $10 million and was invested in a
diversified portfolio of growth-oriented companies in developed and
emerging markets. The fund's holdings are managed by the investment
professionals at Capital Research and Management Company, who have
extensive experience in managing equity portfolios.
In terms of
performance, CGGO has delivered strong returns over the long term,
with a focus on investing in companies that have the potential for
strong long-term growth. The ETF's focus on growth-oriented companies
in developed and emerging markets around the world may make it a
suitable option for investors who are seeking exposure to the global
equity market and are comfortable with the associated risks.
Investors should keep in mind that like all investments, CGGO carries
risks, including the risk that individual companies in the portfolio
may experience declines in their financial performance or face
regulatory or market challenges. Additionally, the ETF charges a
relatively low expense ratio of 0.39%, which is in line with the
average expense ratio for equity-focused ETFs. Investors should
carefully consider their investment objectives and risk tolerance
before investing in CGGO or any other global equity-f
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