This material is designed for use solely by Qualified Purchasers, institutional investors and consultants. It may not be disseminated to or used by individual plan participants or retail investors.
The Capital Group companies manage 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 organization; however, for securities with equity characteristics, they act solely on behalf of one of the three equity investment groups.
Any collective investment trusts (“CITs”) available under this strategy are maintained by Capital Bank and Trust Company (“trustee”), which has retained an affi te to serve as investment adviser to the trustee for the CITs.
This information supplements or enhances required or recommended disclosure and presentation provisions of the GIPS® standards, which if not included herein, are available upon request. GIPS is a trademark owned by CFA Institute.
All data as of September 30, 2017, unless otherwise specified.
Returns are in USD. Periods greater than one year are annualized. Returns reflect the reinvestment of dividends, interest and other earnings.
Composite returns reflect the Capital Group U.S. Core Plus Fixed Income Composite.
Composite returns are preliminary and net of withholding taxes on dividends, interest and capital gains. Actual withholding tax rates vary according to the country of denomination and tax status of each portfolio.
Composite net returns are calculated using the current highest management fees for institutional investors. Actual investment returns net of management fees may differ depending on, among other things, the applicable fee schedule and portfolio size.
Composite risk characteristics are preliminary and gross of management fees. The analysis is based on monthly data, and periods greater than one year are annualized.
Portfolio reflects Capital Group Representative US Core Plus Fixed Income Portfolio.
Issuers are for a representative account and may not reflect actual holdings within the US Core Plus strategy.
Cash & equivalents include short-term securities, accrued income and other assets less liabilities.
The “other” category may include equities, warrants, convertibles, preferreds, interest rate swaps and credit default swap indices.
US Core Plus Fixed Income Index refl Bloomberg Barclays Government Credit Bond Index from May 31, 1974 to December 31, 1975 and Bloomberg Barclays U.S. Aggregate Bond Index thereafter. Source: Bloomberg Index Services Ltd.
Each index is unmanaged.
Portfolio characteristics index values reflect PolyPaths analytics. Data for the portfolio and index use PolyPaths analytics engine calculation assumptions.
Totals may not reconcile due to rounding.
Securities offered through American Funds Distributors, Inc.
*Capital is an “active manager” that creates portfolios by selecting securities using fundamental research. The estimated excess return and tracking error numbers, shown gross of management fees, are based on a number of factors including our investment process, historical results and historical market conditions. We cannot provide any guarantee with respect to results or preservation of assets. The estimates provided should not be considered an assurance or guarantee of the risk or return of any portfolio or impose any liability on Capital.