- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 333 South Hope Street, 55th Floor Los Angeles CA United States of America 90071
- IPO Date
- Jun 27, 2024
- Business
- Capital Group Conservative Equity ETF (CGCV) is an actively managed exchange-traded fund that seeks current income, growth of capital, and conservation of principal through investments primarily in common stocks of U.S. and Canadian companies likely to participate in American economic growth with sustainable dividends. The fund, launched on June 25, 2024, invests at least 80% of its net assets in common stocks and other equity-type securities of dividend-paying growth companies across diversified sectors and market capitalizations, employing fundamental analysis and a multimanager approach co-managed by Capital Research and Management Company, Capital World Investors, Capital Research Global Investors, and Capital International Investors; it maintains a portfolio of approximately 96 holdings with significant allocations to sectors like technology and industrials, including top positions in Microsoft Corp., Broadcom Inc., RTX Corp., GE Aerospace, and JPMorgan Chase & Co. CGCV is non-diversified, domiciled in the United States, and listed on the New York Stock Exchange (NYSE Arca), targeting financial professionals, registered investment advisors, and long-term investors seeking resilient, income-generating equity exposure in the large value category with a focus on companies exhibiting strong balance sheets. Issued by Capital Group Equity ETF Trust I, a product of Capital Group headquartered at 6455 Irvine Center Drive, Irvine, CA, with principal operations in Los Angeles, the ETF operates within Capital Group's broader U.S. equity segment, serving individual and institutional clients globally through its suite of active ETFs now totaling 25 offerings as of mid-2025. In June 2024, CGCV launched alongside six other new active ETFs—including equity strategies like Capital Group International Core Equity ETF (CGIC), Global Equity ETF (CGGE), and New Geography Equity ETF (CGNG), as well as fixed income products—expanding Capital Group's ETF platform to complement model portfolio construction amid growing demand from RIAs, which comprise about one-fifth of its $66 billion ETF business; this followed a November 2024 SEC filing update for the trust and reflects ongoing evolution without noted acquisitions, funding rounds, or reorganizations in the past year.