- What does CGFAX invest in?
- This fund primarily allocates its capital to common stocks, focusing on businesses that exhibit strong potential for capital appreciation. Up to a maximum of 25% of its total assets may be invested in securities issued by companies located outside the United States. The investment adviser utilizes a multi-manager strategy, where the fund's portfolio is broken down into separate segments, each individually managed.
- What is the expense ratio of CGFAX?
- American Funds Growth Fund of Amer 529A (CGFAX) charges an expense ratio of 0.62%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is CGFAX?
- American Funds Growth Fund of Amer 529A (CGFAX) manages $342.42B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.
- Is CGFAX actively managed or an index fund?
- CGFAX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
- When was CGFAX launched?
- American Funds Growth Fund of Amer 529A (CGFAX) launched in November 1973 and is managed by Capital Group.
- How has CGFAX performed?
- CGFAX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.
