CGGO
Capital Group Global Growth Equity ETF
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5.75% front‑load means each $200 turns into about $188 invested; that alone erodes the 7‑10% gross you were promised. Once the load fades the expense ratio takes over, but a 0.6% fee over time still hurts. If you’re okay swapping providers, just open a Roth at Schwab or Fidelity and transfer the balance – use the same CGGO or GFAFX share class that has no commission and a 0.2‑0.3% expense. That will turn the “down‑11%” you saw into a realistic return and you keep all the tax‑advantaged growth.
there are a few thing here so let's separate them: - the 5.75% fee is something to avoid. this is a sales commission to whoever sold you these products. - American Funds has some very good investment options, if you can get the lower-fee versions. ignore the haters, they literally don't know what they're saying. if American Growth Fund means AGTHX, it is actually a fantastic fund with a very good long-term history. the fee is high on your version, but the underlying fund is good. you were not sold garbage. - however, you can open your own Roth IRA and buy the ETF equivalent CGGO without the sales charge, and a lower expense ratio. you could buy GFAFX, the version sold to retail investors without a front-load fee. > said that even with the fee, the funds are getting 7 - 10% returns each year. I checked my roth balance for the first time today, and see I am DOWN almost 11% since I have been contributing. - being down 11% over a short period of time doesn't mean it's a disaster. averages can describe a very long period of time. if an investment averages 14%/year for one decade and 3% a year for the next decade, that means it had an 8.5% average for the entire 20 year period. > Part of my investment strategy is VOO and chill I'm old enough to remember when the S&P 500 went flat for 12 years 2000 to 2012, and small cap US, bonds and international stocks stomped the S&P 500. so "VOO and chill" makes my skin crawl, and I recommend small cap and international diversification of some type in addition to VOO.
I don't understand this either. I just posted a similar question in r/ETFs [A little conundrum with growth ETFs... : r/ETFs](https://www.reddit.com/r/ETFs/comments/1ix71c2/a_little_conundrum_with_growth_etfs/) Capital Group is a very reputable fund provider and their US growth fund, CGGR, has TSLA as its #3 holding, whereas their global growth ETF, CGGO, doesn't seem to have it at all, or at least not in the top 50 companies. I want to buy this ETF, but TSLA as #3 is giving me pause. I just don't understand the value in the company.
CGGO and VT I like the global diversification.
You are all US and very tech heavy. The next 10 years may not look like the last. CGGO for Global diversification. VYM if you really want US but dividend focus. VNQ could also give you some diversification.
Hi all! I’m looking for some advice. An investment manager who has been working with my family for forever recommended that I invest my funds ($59k) in the following: - SPY 25% - QQQ 25% -CGXU 10% - CGGR 10% - CGUS 10% - CGDV 10% - CGGO 10% I have two questions here: 1) My understanding is that those are all stocks (ETFs) and no bonds. Is that correct? 2) If so, should I take a portion of that money to invest in a bond ETF such as BND? Or should I go with the 3-fund portfolio instead of the recommendation above? Here is some additional information for more context: 37 years old - would love to retire around 55-60 but willing to wait until 65. No kids. Would be financially supporting my boyfriend but we are both fairly thrifty. Medium-high risk tolerance. $180k salary - includes bonus (I more than doubled my income at the end of last year). Own a home - currently have a 3.625% interest rate and low mortgage but will be selling and moving into a bigger (aka more expensive) home soon. Should have close to $200k from sale of current home to put into down payment of new home. Looking at price range of $500-600k (maaaaaybe 650 for the right home). Currently have $165k in CD and money market account (I’m currently holding it until I see what is needed for a new home and then will invest the extra). $73k in 401k and max out every year now, plus $15k in Roth. Please let me know if any additional information is needed and thank you in advance for your help!
American Funds have a very good track record of performance. But yes CGGO does seem like a global fund but an ETF. My favorite is actually Dodge & Cox global (which is strongly value tilted so performance relative to an index will not be hot). Mixing it with Vanguard Global (slightly growth tilted) and TRowe Price Global (more heavily growth tilted) is possible, though American Global certainly could replace either of those as in the middle.
Active ETFs are becoming more common. CGGO would be the hypothetical answer you’re looking for. It’s modeled after ANWPX and managed in the same style. Out of curiosity I just ran a hypo between ANWPX and VT from the earliest common date until now and the active manager won.