- Investments in equity securities may incur significant losses due to fluctuation in equity values.
- Investments in below investment grade or unrated debt securities are subject to higher liquidity, volatility, default and counterparty risk.
- The Fund uses derivative instruments for hedging and/or efficient portfolio management. In an adverse situation, derivative instruments may expose the Fund to a risk of significant loss.
- The Fund may at its discretion pay dividends out of and/or effectively out of capital. This amounts to a return of part of an investor’s original investment or distribution of capital gains. This may result in an immediate reduction in the net asset value per share.
- Currency hedging for currency-hedged share classes may neither be fully effective nor achieve a precise hedge.
- Investors should not make any investment decision solely based on this document.
KEY BENEFITS
Access to nine decades of investing experience in US equities
Capital Group Investment Company of America (LUX) is part of a strategy with a 90+ year perspective of learning from market cycles, advancing with research and being ready for what’s next.
Actively targeting a broad US opportunity set, in pursuit of capital growth
The fund takes a diversified approach, investing in well-established US companies with balanced risk-reward outcomes.
Potential resilience against downside risks
The fund’s focus on dividend-paying companies has helped anchor the portfolio during periods of uncertainty.
Why invest in this fund
ICA seeks to deliver core, active exposure to US equities.
The US equity market remains a powerhouse of innovation and resilience, offering retail investors a path to long-term wealth creation. ICA is part of a strategy that has a 90+ year track record of providing investors with access to US equity market growth.1 It takes an active, broad and diversified approach, investing in quality companies spanning many sectors of the economy. The fund is designed to help investors capture opportunity, manage risk, and pursue lasting financial success.
The experience to deliver
The investment team behind this fund
Jim Lovelace
Equity Portfolio Manager
Los Angeles office
Years of CG Experience: 44
Martin Romo
Chair and Chief Investment Officer
San Francisco office
Years of CG Experience: 33
Chris Buchbinder
Equity Portfolio Manager
San Francisco office
Years of CG Experience: 30
Grant Cambridge
Portfolio Manager
Los Angeles office
Years of CG Experience: 29
Martin Jacobs
Equity Portfolio Manager
Los Angeles office
Years of CG Experience: 25
Jessica Spaly
San Francisco office
Years of CG Experience: 22
Greg Miliotes
Equity Portfolio Manager
San Francisco office
Years of CG Experience: 19
Research Portfolio
Research analysts are allocated part of the fund assets to manage
WHY CAPITAL GROUP
A leader in global investing
For more than 90 years, we’ve been searching the world for long-term opportunities, making Capital Group one of the oldest global investors today.
Global investing credentials
Data as of 31 December 2025
High conviction investments. Diverse perspectives.
The Capital SystemTM combines independent, high-conviction decision-making with the diversity that comes from multiple perspectives.
We believe ESG is key to successful investing. So we consider environmental, social and governance issues before we invest.
Explore insights to help you navigate today's market
Find out more about what this fund has to offer
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Other funds available at Hang Seng Bank
PRO
Capital Group Global High Income Opportunities (LUX)
A global bond fund that seeks to deliver consistent high income
1. Launched on 17 June 2016, Capital Group Investment Company of America (LUX) is managed by the same experienced team and follows the same investment approach as the Capital Group Investment Company of America strategy (inception: 31 December 1933).
'Active' refers to active management, which is an investment approach where a fund manager selects and manages the investments held in a fund.
Risk factors you should consider before investing:
- This material is not intended to provide investment advice or be considered a personal recommendation.
- The value of investments and income from them can go down as well as up and you may lose some or all of your initial investment.
- Past results are not a guarantee of future results.
- If the currency in which you invest strengthens against the currency in which the underlying investments of the fund are made, the value of your investment will decrease. Currency hedging seeks to limit this, but there is no guarantee that hedging will be totally successful.
- The Prospectus – together with any locally-required offering documentation – set out risks, which, depending on the fund, may include risks associated with investing in fixed income, derivatives, emerging markets and/or high-yield securities; emerging markets are volatile and may suffer from liquidity problems.
- Some portfolios may invest in financial derivative instruments for investment purposes, hedging and/or efficient portfolio management.
Capital Group manages equity assets through three investment groups. These groups make investment and proxy voting decisions independently. Fixed income investment professionals provide fixed income research and investment management across the Capital organisation; however, for securities with equity characteristics, they act solely on behalf of one of the three equity investment groups.
All information as at 31 December 2025 and attributed to Capital Group, unless otherwise stated.
This material has not been reviewed by the Securities and Futures Commission of Hong Kong.