Capital Group International Core Equity ETF (CGIC) is an actively managed exchange-traded fund that invests primarily in common stocks of larger, well-established companies domiciled outside the United States, including in emerging markets and developing economies; it seeks total returns through a focus on dividend-paying growth stocks across diversified sectors such as financial services, industrials, technology, consumer defensive, and communication services; top holdings include Taiwan Semiconductor Manufacturing Co Ltd ADR, ASML Holding NV, AstraZeneca PLC, Sanofi SA, and British American Tobacco PLC. CGIC was launched on June 25, 2024, and trades on NYSE Arca; it is issued and managed by Capital Research and Management Company, with co-management by Capital World Investors, Capital Research Global Investors, and Capital International Investors; the ETF maintains a portfolio of approximately 179 holdings, with assets under management exceeding $650 million, a net expense ratio of 0.54%, and quarterly dividend distributions.
Operated by Capital Group, a privately held investment management firm founded in 1931 and headquartered in Los Angeles, California, CGIC benefits from the parent's global research capabilities and multiple-counselor investment system across subsidiaries in the Americas, Asia, Australia, and Europe. The fund targets long-term capital appreciation for individual and institutional investors seeking exposure to global ex-U.S. equities.
Recent developments include a firmwide self-assessment by Capital Group resulting in management team transitions for CGIC and related strategies, effective January 1, 2026, with Steve Watson transitioning from principal investment officer at Capital International Investors to Capital World Investors while remaining a portfolio manager, and Samir Parekh assuming the PIO role. Capital Group launched CGIC as part of a broader expansion into actively managed ETFs, including seven new funds introduced in 2024 on the New York Stock Exchange. Additionally, Capital Group advanced its strategic partnership with KKR, launching public-private credit interval funds in April 2025 and announcing further expansions into retirement solutions and insurance asset management in December 2025.