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Capital Group KKR Global Multi-Sector+

A powerful partnership that offers new opportunities for income.
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Overview

cggmslu

 

Key information

 

 

INVESTMENT OBJECTIVE

The fund’s investment objective is to provide a high level of current income.

    

PORTFOLIO ALLOCATION TARGETS

As a general approach, the fund expects to invest approximately 60% of its assets in public credit and approximately 40% in private credit, although these proportions may change depending on market conditions, the availability of suitable private credit opportunities, and investor subscriptions or redemptions. The fund will not invest more than 10% of its net asset value in any single issuer, except for securities issued or guaranteed by an OECD (Organisation for Economic Co-operation and Development) member state, the EU, certain public authorities, or other diversified investment vehicles. This limit is assessed at the time the investment is made.

 

INVESTMENT STRATEGY

The fund aims to provide returns by investing across different sectors in both publicly traded fixed income securities and private credit. It mainly invests in bonds, loans, and other debt instruments, and may also use financial derivatives.

 

 

    

ADDITIONAL INFORMATION

Investors in the fund may subscribe for shares each Business Day (as defined in the Prospectus) and may request the redemption of shares by the 14th Business Day of each month (each a "Redemption Date") by sending a redemption request to the Administrator by 11:00 a.m. CET at least one Business Day prior the relevant Redemption Date. To manage liquidity, the fund may gate total investor redemptions in any calendar month to 3% of the fund's latest available aggregate net asset value, calculated before any redemption fees.

 

 

     

 

cggmslu

Portfolio Managers    

Capital Group

 

 

Capital Group portfolio managers years of experience are as of previous calendar year.

 

KKR portfolio managers years of experience are based on the most recent publicly disclosed quarterly information.

Sandro Lazzarini

Years of Capital Group Experience: 11

Years of Industry Experience: 19

Damir Bettini

Years of Capital Group Experience: 19

Years of Industry Experience: 35

Franz Lathuillerie

Years of Capital Group Experience: 8

Years of Industry Experience: 26

KKR

Michael Small

Years of KKR Experience: 6

Years of Industry Experience: 31

Varun Khanna

Years of KKR Experience: 11

Years of Industry Experience: 24

Ian Anderson

Years of KKR Experience: 13

Years of Industry Experience: 20

Vaibhav Piplapure

Years of KKR Experience: 6

Years of Industry Experience: 28

Price & Distributions

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Portfolio

Key Statistics

As of 31-08-2026

Fees and Expenses

Risk considerations

cggmslu

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.
  • Some portfolios may invest in financial derivative instruments for investment purposes, hedging and/or efficient portfolio management.
  • There are additional ABS/MBS, Bonds, Counterparty, Derivative instruments, Emerging markets, High yield bonds, Illiquidity, Liquidity, Operational and Private credit risks associated with this fund.

 

 

Fund Risks:

 

ABS/MBS risk: The fund may invest in mortgage- or asset-backed securities. The underlying borrowers of these securities may not be able to pay back the full amount that they owe, which may result in losses to the fund.

Bonds risk: The value of bonds can change as a result of interest rate changes – typically when interest rates rise, bond values fall. Funds investing in bonds are exposed to credit risk. A decline in the financial health of an issuer could cause the value of its bonds to fall or become worthless.

Counterparty risk: Other financial institutions provide services to the fund such as safekeeping of assets, or may serve as a counterparty to financial contracts such as derivatives. There is a risk the counterparty will not meet their obligations.

Derivative instruments risk: Derivatives are financial instruments deriving their value from an underlying asset and may be used to hedge existing exposures or to gain economic exposure. A derivative instrument may not perform as expected, may create losses greater than the cost of the derivative and may result in losses to the fund.

Emerging markets risk: Investments in emerging markets are generally more sensitive to risk events such as changes in the economic, political, fiscal and legal environment.

High yield bonds risk: Lower rated or unrated debt securities, including high yield bonds, may, as a result, be subject to liquidity, volatility, default and counterparty risk.

Illiquidity risk: Restrictions may be imposed on the ability of investors to withdraw capital. Redemptions of Shares are only expected to be offered on the 14th Business Day of each month. Further to this, in any calendar month, the total amount investors can redeem from the fund is generally capped at 3% of the fund’s total net asset value. Because of this limit, it may not be possible to redeem your investment immediately or in full when you request it. Due to these restrictions, investors should consider their investment in the fund to be subject to illiquidity risk.

Liquidity risk: In stressed market conditions, certain securities held by the fund may not be able to be sold at full value, or at all. This could cause the fund to defer or suspend redemptions of its shares, meaning investors may not have immediate access to their investment.

Operational risk: The risk of potential loss resulting from inadequate or failed internal processes, people and systems or from external events.

Private credit risk: Private credit investment opportunities are speculative and involve a high degree of risk arising from limited liquidity, borrower specific credit risk, valuation uncertainty, and limited publicly available information about the underlying companies. Private credit assets are not regularly traded and do not have readily observable market prices; as such, their value is determined using fair value estimates based on judgement, models, and available information. These valuations are inherently subjective and may differ from the price that could be realised upon sale, particularly given the illiquid nature of the assets and the limited transparency of borrowers. As a result, there is a risk that the Fund’s net asset value may overstate or understate the value ultimately realised.
 

This communication is intended for the internal and confidential use of the recipient and not for onward transmission to any other third party.

Capital Group and KKR are not affiliated. The two firms maintain an exclusive partnership to manage and deliver public-private investment solutions to investors.
 

Capital Group KKR Global Multi-Sector+ is a Sub-Fund of Capital Group Alternative Investments Funds which is a Luxembourg investment company with variable capital – Part II UCI (société d’investissement à capital variable or “SICAV”).

This communication is issued by Capital International Management Company Sàrl (CIMC), unless otherwise stated, which is regulated by the Luxembourg CSSF - Commission de Surveillance du Secteur Financier and which has been appointed as the Alternative Investment Fund Manager of this Alternative Investment Fund.   

This communication is of a general nature, and not intended to provide investment, tax or other advice, or to be a solicitation to buy or sell any securities. All information is as at the date indicated and attributed to Capital Group unless otherwise stated. While Capital Group uses reasonable efforts to obtain information from third-party sources that it believes to be accurate, this cannot be guaranteed.

The fund(s) is (are) offered only by Prospectus, together with any locally required offering documentation, where applicable. In Europe and the UK, this is the PRIIPs Key Information Document (KID).

These documents are available free of charge and in English and local languages at capitalgroup.com and should be read carefully before investing.
 

In Singapore, this communication has been prepared by Capital Group Investment Management Pte. Ltd. (CGIMPL), a member of Capital Group, a company incorporated in Singapore.

This advertisement or publication has not been reviewed by the Monetary Authority of Singapore, the Securities and Futures Commission or any other regulator.

The Fund is not authorised or recognised by the Monetary Authority of Singapore and the Fund is not allowed to be offered to the retail public. This communication and any other document or material issued in connection with the offer or sale have not been registered as a prospectus with the MAS, are not a prospectus as defined in the Securities and Futures Act (the “Act”) and, accordingly,

  • the statutory liability under the Act in relation to the content of prospectuses does not apply. You should consider carefully whether the investment is suitable for you; and
  • the document or material may not be circulated or distributed, nor may the Fund be offered or sold, or be made the subject of an invitation for subscription or purchase, whether directly or indirectly, to persons in Singapore other than (i) to an institutional investor under Section 304 of the Act, (ii) to a relevant person pursuant to Section 305(1) of the Act, or any person pursuant to Section 305(2) of the Act, and in accordance with the conditions specified in Section 305 of the Act, or (iii) otherwise pursuant to, and in accordance with the conditions of, any other applicable provision of the Act.
     

In Hong Kong, this communication has been prepared by Capital International, Inc. (Cllnc), a member of Capital Group, a company incorporated in California, United States of America. The liability of members is limited. 

The Fund is not authorised in Hong Kong. The information is provided for reference only.

Professional investors in Hong Kong should read carefully the Hong Kong Supplement and the accompanying Prospectus (“Hong Kong Private Offering Document”) before making an investment decision. This material and the Hong Kong Private Offering Document have not been reviewed by any regulatory authority in Hong Kong. You are advised to exercise caution in relation to the offer. If you are in doubt about the contents of this material and/or the Hong Kong Private Offering Document, you should obtain independent professional advice.

Participating Shares may not be offered or sold in Hong Kong by means of this Placing Memorandum or any other document other than to persons who are “professional investors” as defined in the Hong Kong Securities and Futures Ordinance (“SFO”) and rules made thereunder or in circumstances which do not constitute an offer to the public for the purposes of the SFO or any other applicable legislation in Hong Kong.
 

In Switzerland, this communication is issued by Capital International Sàrl, authorised and regulated by the Swiss Financial Market Supervisory Authority (FINMA). The documentation of the Fund has not been approved by FINMA for distribution to non-qualified investors. The fund is not registered with FINMA and can only be offered to institutional and professional investors within the meaning of art. 4 (3)-(5) FINSA, as well as HNWI, private investment structures created for them with opting-out as defined in Article 5 Paragraph 1 FINSA and qualified investors within the meaning of ART. 103ter CISA. Therefore, an investment in the Fund may carry higher levels of risks. The paying agent in Switzerland is Helvetische Bank AG, Seefeldstrasse 215, CH-8008 Zurich. 
 

In the UK, this communication is issued by Capital International Limited, authorised and regulated by the UK Financial Conduct Authority. The Fund is an unregulated collective investment scheme. The Fund has not been authorised or otherwise recognised or approved by the UK Financial Conduct Authority and, as an unregulated scheme, it accordingly cannot be promoted in the UK to the general public.
 

Investors acquire shares of the fund, not the underlying assets.
 

The material is not intended to be distributed or used by persons in jurisdictions that prohibit its distribution. If you act as representative of a client, it is your responsibility to ensure that the offering or sale of fund shares complies with relevant local laws and regulations.
 

The information in relation to the index is provided for context and illustration only. The fund is actively managed. It is not managed in reference to a benchmark.
 

In Europe, facilities to investors (tasks according to Article 92 of the Directive 2019/1160, points b) to f)), are available at www.capitalgroup.com/individual-investors/lu/en/contact-us.html
 

For European investors, a summary of Fund Shareholder Rights is available at www.capitalgroup.com/eacg/entry-page/shared/summary-of-investor-rights.html
 

CIMC may decide to terminate its arrangements for marketing any or all of the sub-funds of Capital Group Alternative Investments Funds in any EEA country or in any other jurisdictions where such sub-fund(s) is/are registered for sale at any time.
 

All Capital Group trademarks are owned by The Capital Group Companies, Inc. or an affiliated company. All other company names mentioned are the property of their respective companies.
 

© 2026 Capital Group. All rights reserved.

Documentation

Literature

FACTSHEETS & PROSPECTUS

Factsheets are not available for this fund and country selection. Please amend your selection criteria or view up to date results in Prices & results.
PRIIPs KID CGGMSLU B2 EUR LU3364670714 SE (PDF)
CGAIF Prospectus SE (PDF)

REPORTS & OTHER RESOURCES

Non-dealing dates calendar SE (PDF)