Capital Group launches income portfolio

By Staff | September 15, 2020 | Last updated on September 15, 2020
1 min read
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Toronto-based Capital International Asset Management (Canada) Inc. is now offering investors a globally-diversified income portfolio.

The Capital Group Monthly Income Portfolio is meant to provide investors with consistent monthly income regardless of which direction interest rates or stock markets are moving.

The portfolio invests in a mix of stocks and bonds from companies located around the world, primarily through underlying Capital Group and affiliated funds that follow a bottom-up investment approach.

The income portfolio is managed by Capital Group’s Global Solutions Committee, which consists of seven investment professionals.

Advisor commissions are 0%-2.5% for front-end sales. Trailing commissions are 1% for advisor-class units. Management fees are 1.7% for advisor-class units and 0.7% for F-class units. Minimum investment is $500.

Advisor.ca staff

Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.