Capital Group Looks to Launch Six Actively Managed ETFs

Capital Group, the $2.6 trillion powerhouse asset management firm, plans to join the ETF market with actively managed ETFs, according to a report by SeekingAlpha on Wednesday.

Capital Group also looks to emulate Cathie Wood’s book and provide investors with full transparency by providing daily trade records made public.

Head of ETFs at Capital Group, Holly Framsted, stated that their entry into ETFs will transform the market’s perceptions of the power of ETFs and demonstrate that the ETF is a vehicle that can deliver strong, active management at the core of a client’s portfolio.

The six expected funds are as follows:  core plus income ETF: CGCP, global growth equity ETF: CGGO, growth ETF: CGCR, dividend value ETF: CGDV, international focus equity ETF: CGXU, and core equity ETF: CGUS.