We believe in a distinctive way of managing money.  

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THE CAPITAL SYSTEM

Our system prioritizes consistent long-term investment results.

Jonathan Bell Lovelace 1968

Early in Capital Group history, our leaders realized that their funds would outlast the professionals who managed them.


They believed they had a responsibility to provide stability and management continuity to their investors, so they asked themselves a key question: If a portfolio manager left the firm, how could they keep funds going strong?

They pioneered a plan. By dividing portfolios into sections and giving each of the existing managers a portion to administer, no portfolio would be too dependent on a single person.

This distinctive way of managing money became The Capital SystemSM. By incorporating the highest conviction investment ideas of each manager in a portfolio, we aim to both increase the diversity of those ideas and reduce the volatility of a fund, which can give investors a smoother ride in bumpy markets.



The best of both worlds.

CRMC Meeting 1961. Jonathan Bell Lovelace,
Chuck Schimpff, Coleman Morton, Jim Fullerton, 
Mary Bauer

The Capital System can give advisers and investors the best of both worlds: the upside of high-conviction ideas and the power of collaboration.


At Capital Group, we assemble teams of managers who have different investing styles and complementary strengths to help foster a diversified investing approach.

The benefits of our multiple portfolio manager approach can be boiled down to simple maths: If, for example, a fund has a star manager with 120  investment ideas, that’s a lot of ideas for one person to keep track of. But imagine if the fund were divided among four managers, including each of their 30 highest conviction ideas — ideas they've explored inside out — that’s the strength of The Capital System.

For illustrative purposes only.


Built to last.

The Capital System has stood the test of time.


An innovative idea then and now, our unique multiple portfolio manager system has become a defining feature of our success. Distinct in the market and diverse in its strategy, The Capital System has helped many of our funds generate attractive long-term outcomes. See more on the Capital System and our investment approach. 

Our beliefs

Your goals power ours.

We have four core beliefs central to helping you succeed.

Investment thinking from Capital Group

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