Responding to growing demand from financial professionals, Capital Group has introduced eight active model portfolios built from its active exchange-traded funds.
Three years after the launch of its first six active ETFs, Capital Group boasts 22 ETFs with more than $53 billion in assets under management. The lineup is offered by more than 35,000 financial advisors. Capital states in a news release that its lineup is the “fastest organically grown suite of active ETFs in the market,” with its market share currently at 5.8%.
“We know nearly two-thirds of the highest growth financial professionals incorporate models into their practices, which can afford them more time with their clients,” Capital Group Head of Product Group Holly Framsted says in the release. “We have adopted a listen-and-launch approach to what and how we bring new products to market, in the case of ETFs ensuring the strategies address the largest, most commonly allocated categories in client portfolios. We have done the same with our eight new, all-active Capital Group ETF model portfolios, one of the most requested solutions from our clients, second only to our recently launched Capital Group U.S. Small and Mid Cap ETF (CGMM).”
The Capital Group’s ETF model portfolios are:
- Capital Group ETF Global Growth Model
- Capital Group ETF Growth Model
- Capital Group ETF Moderate Growth Model
- Capital Group ETF Growth and Income Model
- Capital Group ETF Moderate Growth and Income Model
- Capital Group ETF Conservative Growth and Income Model
- Capital Group ETF Conservative Income and Growth Model
- Capital Group ETF Conservative Income Model
Launched in 2016, Capital Group’s model portfolios now total $61B.