World Growth and Income Trust | Capital Group



World Growth and Income Trust

Vehicle: Collective Investment Trust

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Objective: The strategy’s investment objective is to provide long-term growth of capital while providing current income.

  • Strategy inception date: 2013
  • Benchmark: MSCI All Country World Index (ACWI)
  • Invests in: Global equities
  • Minimum account size (millions): 
    • Collective Investment Trust: $5

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

  • A core belief in independent research, a long-term focus and diverse viewpoints through The Capital System℠ define our investment process.
  • The investment process begins with in-depth, independent research conducted by a large global team of analysts through visits to companies, their competitors, suppliers and other relevant parties.
  • The team also works with fixed-income and macroeconomic analysts to examine potential investments, especially in global industries such as energy, technology and materials.
  • Analysts as a group are given assets to manage, each in their particular fields of knowledge and experience.
  • The investment team consists of four portfolio managers, each of whom makes independent investment decisions. This allows for robust interaction and constant challenges to prevailing convictions and ideas, prompting frequent retesting of investment theses in each stock and market.
  • We have a comprehensive framework for addressing risk.
    • Our research process and The Capital System help diversify the portfolio.
    • Capital’s independent global investment control group monitors compliance with portfolio guidelines.
    • Our legal and compliance team helps make certain we adhere to regulations in the markets in which we invest. 

History of Global Equity at Capital Group

Capital began managing domestic equity portfolios for institutional clients in 1968 and has offered international equity management since 1978. Capital’s first emerging markets equity fund was launched in 1986, more than one year prior to the inception of the MSCI Emerging Markets Index. Our portfolios draw upon a deep pool of research conducted by over 145 investment professionals, many of whom are dedicated to international and emerging markets equity (as of September 30, 2014). 

Portfolio Management Team







View investment results data







All data as of December 31, 2014, unless otherwise specified.

Returns are in USD. Periods greater than one year are annualized. Returns reflect the reinvestment of dividends, interest and other earnings.

Portfolio reflects Capital Group Representative World Growth and Income Portfolio.

Representative account reflects the investment returns of the Capital Group Representative World Growth and Income Portfolio after adding back fund operating expenses, such as custodial and investment management fees. These returns are shown solely for comparison purposes to other investment alternatives that are shown final and gross of expenses. Please see the fund’s net returns for results experienced by fund investors. Representative account inception: May 1, 2006.

Composite reflects Capital Group World Growth and Income Composite.

Composite returns are final, gross of management fees 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. 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.

World Growth and Income Historical Benchmark Index reflects MSCI World Index to November 30, 2011, and MSCI ACWI thereafter.

Index reflects MSCI ACWI.

Each index is unmanaged. Index results reflect net dividends reinvested.

Totals may not reconcile due to rounding.

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 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.

The statements expressed herein are informed opinions, are as of the date noted, and are subject to change at any time based on market or other conditions. They reflect the view of an individual and may not reflect the view of Capital Group. This information is intended merely to highlight issues and not to be comprehensive or to provide advice. Permission is given for personal use only. Any reproduction, modification, distribution, transmission or republication of the information, in part or in full, is prohibited.

Securities offered through American Funds Distributors, Inc.

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.

Investors should carefully consider investment objectives, risks, charges and expenses. This and other important information is contained in the fund prospectuses and summary prospectuses or the collective investment trust's Characteristics statement, which can be obtained from a financial professional, Capital or your relationship manager, and should be read carefully before investing.