Seeking Alpha

American Funds getting into ETFs?

  • "American Funds is now filing to enter the 21st century," writes's Dave Nadig, who spotted a regulatory filing from the American Funds parent, Capital Research & Management, seeking permission to offer a suite of actively-managed ETFs.
  • American Funds is a mutual fund giant, with $1.1T under traditional active management, and with eight of the 20 largest mutual funds in the U.S.
  • It's been a rough period for the company, with $250B of withdrawals over the 5-year period from 2008 through 2013. The stellar brand, however, remains in place, and with an ugly 2008 rolling off the books, the funds' five-year performance charts are starting to look up.
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs