The new funds, branded under the Capital Group name, are distinct from but rhyme with some of the legacy American Funds mutual funds. The firm also launched active-passive models with industry ...

It warrants an Average People rating. Capital Group, the parent of American Funds, splits this strategy's assets between subsidiaries Capital Research Global Investors and Capital World Investors.

Founded in 1931 in Los Angeles by Jonathan Bell Lovelace, American Funds is a division of Capital Group, a privately held company that manages equity and fixed-income assets for individual and ...