In recent months, there has been a surge of violence against Asians and Pacific Islanders (API) in the U.S. Many of our API friends and colleagues have personally experienced discrimination, verbal attacks and other acts of harassment.
Racism in all its forms and against any community is painful and extremely damaging. At Capital, our priority is the well-being of our associates. This is why we are committed to do our part to stop anti-Asian racism – and for that matter, racism of any type – and support those who have been impacted.
In May 2020, we joined a coalition of corporations and non-profits led by Ascend, the largest Pan-Asian organization for business professionals, to aid in their work to fight discrimination, cultivate talent and connect leaders across industries. This month, our Benefits team will host small group sessions for API associates to help them process this increase in anti-Asian racism as part of our focus on culturally relevant wellness.
In light of what is going on, many CG associates are hurting. This is a time to show that we care and make a difference. Here are a few ways that each of us can be an ally:
A real strength of CG’s culture is how we care for one another – particularly when a colleague is in pain and unsettled. Let’s do what we can to stand up and support our fellow associates and dismantle racism.
Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so they may lose value.
Investors should carefully consider investment objectives, risks, charges and expenses. This and other important information is contained in the fund prospectuses and summary prospectuses, which can be obtained from a financial professional and should be read carefully before investing.
All Capital Group trademarks mentioned are owned by The Capital Group Companies, Inc., an affiliated company or fund. All other company and product names mentioned are the property of their respective companies.
Use of this website is intended for U.S. residents only.
American Funds Distributors, Inc.
This content, developed by Capital Group, home of American Funds, should not be used as a primary basis for investment decisions and is not intended to serve as impartial investment or fiduciary advice.