Personal Investments • Capital Group ETF, CGCV

I own American Funds (Capital Group) American Mutual Fund AMFFX in a retirement account. An option that I have is another (new) Capital Group Conservative Equity ETF, CGCV. When I look under the hood of each, I see that the fund objectives, types of investments, distinguishing characteristics, and holdings outside of the U.S. reads just about the exact same as AMFFX.

https://www.capitalgroup.com/individual ... tails/cgcv

https://www.capitalgroup.com/individual ... fund/amffx

In fact, the top 10 holdings are about the same.

https://www.capitalgroup.com/individual ... v#holdings

https://www.capitalgroup.com/individual ... fund/amffx

I can reduce my expense ratio if I switch from AMFFX to CGCV. However, CGCV is new and has been around for only about 1 week with fund assets of only $28 million. Is there any concern with investing in such a new ETF with low assets under management?

Thanks.

Statistics: Posted by HowardH — Sun Jul 07, 2024 2:54 am — Replies 0 — Views 80

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