U.S. Equity | Capital Group

CAPITAL APPRECIATION

U.S. Equity

Vehicle: Collective Investment Trust, Separate Account

Overview

Objective: Provide long-term growth of capital and income.

  • Strategy inception date: 1966
  • Assets in strategy (millions): $208.8
  • Benchmark: S&P 500 Index
  • Invests in: U.S. equities
  • Minimum account size (millions):
    • Collective investment trust: $5
    • Separate account: $50

Assets in strategy as of March 31, 2018.

For a DC collective investment trust, plan size of $250 million may be used to satisfy the minimum account size requirement.


Approach
  • Our investment process begins with intensive company scrutiny by our analysts, who formulate recommendations based on proprietary models for earnings estimates and valuations. They also conduct regular one-on-one meetings with all levels of management at companies in their coverage.
  • Analysts and managers look for long-term growth, cyclical improvement, turnarounds or deep value situations
  • Analysts as a group are given a portion of portfolio assets to manage, each in their particular fields of experience and knowledge. Because they manage money, Capital's analysts provide portfolio managers with clear signals about their strongest convictions.
  • The equity analysts and portfolio managers also work with fixed income and macroeconomic teams as well as our large team of international equity investment professionals when examining potential investments. We believe interaction between investment professionals with different perspectives, styles and regional coverage yields an informational advantage
  • Our research process and The Capital System℠ help to diversify risk. Every new idea is discussed and debated by the U.S. investment group, including the portfolio managers, bringing to light bull and bear arguments and increasing the likelihood of identifying and considering all of the key issues that might affect the investment
  • The Capital System creates a strategy that is highly diversified by company and by sector because we rely on multiple stock pickers in every portfolio
  • Our independent global investment control group monitors compliance with internal and portfolio guidelines, while the investment committee oversees the overall investment of the portfolio
  • Our legal and compliance team helps make certain we adhere to regulations in the markets in which we invest

History of U.S. Equity at Capital Group

Capital began managing domestic equity portfolios for institutional clients in 1968. Our portfolios draw upon a deep pool of research conducted by over 165 investment professionals (as of June 30, 2018).
 


Portfolio Management Team

 


Returns


Portfolio Composition

Get a breakdown of holdings for this strategy and the benchmark.


 


Resources


Fund Characteristics

 

Defined Benefit Plans (PDF)

Defined Contribution Plans (PDF)

Endowments/Foundations (PDF)

 


Additional Reports

Annual Report (PDF)

Endowments/Foundations

Tax-Exempt Trusts Annual Report (PDF)

 


Profile

U.S. Equity Profile (PDF)

 
 


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 the strategy shown are maintained by Capital Bank and Trust Company (“trustee”), which has retained an affiliate to serve as investment adviser to the trustee for the CITs.

Investors should carefully consider investment objectives, risks, charges and expenses. This and other important information is contained in the mutual fund prospectuses/summary prospectuses, which can be obtained from a financial professional, and should be read carefully before investing. Similar information about collective investment trusts can be obtained from Capital Group or participants’ plan provider or employer.


Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so they may lose value.