The Growth Fund of America 529A

Frequently Asked Questions About CGFAX

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?

The Growth Fund of America 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?

The Growth Fund of America 529A (CGFAX) manages $351.40B 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?

The Growth Fund of America 529A (CGFAX) launched in December 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.