What does Capital Group Core Plusome ETF do?
Capital Group Core Plus Income ETF (NYSE:CGCP) focuses on providing investors with a mix of income and growth opportunities through a diversified portfolio of fixed income securities. This embraces a range of bonds, including those issued by the U.S. government, high-quality corporate entities, and other income-generating securities. The fund aims to deliver competitive returns while managing risk, tapping into various bond markets and sectors to capitalize on interest income and potential capital appreciation. CGCP's strategy revolves around active management, leveraging Capital Group's extensive research capabilities to identify and invest in undervalued securities that offer the best prospects for income and growth. The overall objective of CGCP is to provide investors with a consistent and reliable source of income, coupled with the potential for capital appreciation over time, making it a suitable option for those seeking balanced exposure to the income-producing potential of the bond market.