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Capital Group Capital Income Builder (Z) Class Z - Accumulation (GBP)

Sell:889.00p Buy:889.00p Change: 1.00p (0.11%)
Prices as at 23 September 2021
Sell:889.00p
Buy:889.00p
Change: 1.00p (0.11%)
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account
Prices as at 23 September 2021
Sell:889.00p
Buy:889.00p
Change: 1.00p (0.11%)
Prices as at 23 September 2021
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

Our view on this Fund

This fund does not feature on the Wealth Shortlist of funds our analysts believe have the potential to outperform their peers over the long term. This is not a recommendation to sell; however, if you are thinking of adding to your investments, we believe the Wealth Shortlist is a good place to start. View funds on the Wealth Shortlist »

Our view on the sector

The Mixed and Flexible Investment sectors could be the answer for investors who want to leave the asset allocation decisions to an expert. Funds in these sectors invest a certain amount of their portfolio in shares, from 0% to 35% in the case of the Mixed Investment 0-35% Shares Sector, 20% to 60% for the Mixed Investment 20-60% Shares Sector, 40% to 85% for the Mixed Investment 40-85% Shares Sector, and 0% to 100% for the Flexible Investment Sector. Any proportion of the fund not invested in shares can be invested in bonds, cash, currencies, commodities or property. Funds within these sectors can be very different from each other so they'll perform differently too. Each should be looked at on its own merits, taking account of your investment objectives and the amount of risk you want to take.

Performance Analysis

Performance analysis for this fund is not available.

Investment Philosophy

Investment philosophy for this fund is not available.

Process and Portfolio Construction

Process and portfolio construction for this fund are not available.

question mark Manager Track Record Based on HL Quantitative Research

This information is currently unavailable.

Fund Track Record

24/09/16 to 24/09/17 24/09/17 to 24/09/18 24/09/18 to 24/09/19 24/09/19 to 24/09/20 24/09/20 to 24/09/21
Annual return n/a n/a 8.89% -3.96% 10.38%

Please remember past performance is not a guide to future returns. Where no data is shown, figures are not available. This information is provided to help you choose your own investments, remember they can fall as well as rise in value so you may not get back the original amount invested.

Information about the fund

Fund manager biography

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Manager Name: Steve Watson
Manager start date: 21 September 2018
Manager located in: Hong Kong

Steven T. Watson is an equity portfolio manager at Capital Group. He has 27 years of investment experience and has been with Capital Group for 25 years. Earlier in his career, as an equity investment analyst at Capital, he covered Asian property and transportation, as well as European transportation and utilities companies. Before joining Capital, Steve was a buy-side research analyst for Sanford C. Bernstein & Co. in New York. He holds an MBA in finance from New York University Graduate School of Business Administration, a master's degree in French studies from New York University Institute of French Studies and a bachelor's degree in French from the University of Massachusetts graduating cum laude. He also studied Mandarin Chinese at Wuhan University and the Shanghai Foreign Language Institute in China. Steve is based in Hong Kong.

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Manager Name: Bradley J. Vogt
Manager start date: 21 September 2018
Manager located in: Washington, D.C.

Bradley J. Vogt is an equity portfolio manager at Capital Group. He is chairman of Capital Research Company. and serves on the Capital Group Companies Management Committee. Brad has 28 years of investment experience, all with Capital Group. Earlier in his career, as an equity investment analyst at Capital, he covered environmental services, U.S. telecommunications and cable & satellite TV companies. Brad began his career at Capital as a participant in The Associates Program, a two-year series of work assignments in various areas of the organization. He holds a bachelor's degree in international politics and economics from Wesleyan University. Brad is based in Washington, D.C. Brad looks to invest in fundamentally strong companies with sustainable market positions. Organic revenue growth, returns on investment and margin sustainability are more important than cheap current valuation. Brad pays a lot of attention to subscription businesses and enterprises with high levels of recurring revenue. Management quality and market share positions are important factors for Brad. One of his frames for investing is that technology is allowing a number of well-managed companies to access markets and reduce costs, leading to attractive growth and returns despite low aggregate macroeconomic growth. Return of capital, particularly dividends and dividend growth, are a focus for Brad. His goal is to have lower than average portfolio turnover and relatively high portfolio.

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Manager Name: Fergus N. MacDonald
Manager start date: 21 September 2018
Manager located in: Los Angeles

Fergus N. MacDonald is a fixed income portfolio manager at Capital Group. He also serves on the Fixed Income Management Committee. He has 26 years of investment experience and has been with Capital Group for 15 years. Earlier in his career at Capital, he was a fixed income investment analyst covering mortgage-backed securities. Prior to joining Capital, he was a vice president at Goldman Sachs & Co. and an associate in the derivative products group at Morgan Stanley. Before that, Fergus was a consultant and actuary at Hewitt Bacon & Woodrow in London. He holds a graduate degree in applied mathematics and theoretical physics from Cambridge University and a bachelor's degree with first-class honors in mathematics from the Imperial College of Science Technology and Medicine. Fergus is based in Los Angeles.

Manager Name: Caroline Randall
Manager start date: 1 January 2021
Manager located in: TBC

TBC

Manager Name: Aline Avzaradel
Manager start date: 1 January 2021
Manager located in: TBC

TBC

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Manager Name: Philip Winston
Manager start date: 21 September 2018
Manager located in: London

Philip Winston is an equity portfolio manager at Capital Group. He has 28 years of investment experience and has been with Capital Group for 16 years. Earlier in his career, in addition to being a portfolio manager, Philip was an equity investment analyst at Capital covering U.K. property and paper & packaging companies, as well as European property and media companies. Before joining Capital, he was a director and U.K. equity fund manager at BZW Investment Management in London. Prior to that, he worked at Orion Royal Bank in London and New York. He holds a PhD and a master's degree in history from Cambridge University. Philip is based in London.

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Manager Name: Grant L. Cambridge
Manager start date: 21 September 2018
Manager located in: Los Angeles

Grant L. Cambridge is a portfolio manager at Capital Group. He has 24 years of investment experience and has been with Capital Group for 20 years. Earlier in his career, as an equity investment analyst at Capital, he covered insurance, airlines, air freight, home builders, asset managers and software companies, as well as small- and mid-cap companies. Prior to joining Capital, he worked for BTM Capital, a subsidiary of the Bank of Tokyo-Mitsubishi in Boston. He holds an MBA from Harvard Business School, a master's degree from Suffolk University and a bachelor's degree from Bentley College. Grant is based in Los Angeles.

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Manager Name: L. Alfonso Barroso
Manager start date: 21 September 2018
Manager located in: London

Alfonso Barroso is an equity portfolio manager at Capital Group. He has 18 years of investment experience, all with Capital Group. Earlier in his career, as an equity investment analyst at Capital, Alfonso covered retail companies in Europe and Latin America, European real-estate and REITs, and European internet and telecommunication services. Alfonso began his career at Capital as a participant in The Associates Program, a two-year series of work assignments in various areas of the organization. He holds a bachelor's degree with honors in economics and Hispanic studies from Harvard University. Alfonso is based in London.

Manager Name: Joyce E. Gordon
Manager start date: 21 September 2018
Manager located in: Los Angeles

Joyce E. Gordon is an equity portfolio manager at Capital Group. She has 38 years of investment experience and has been with Capital Group for 43 years. Earlier in her career, as an equity investment analyst at Capital, she covered thrifts, banking, and paper & forest products companies. She holds an MBA and a bachelor's degree in business finance from the University of Southern California. Joyce is based in Los Angeles.

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Manager Name: James B. Lovelace
Manager start date: 21 September 2018
Manager located in: Los Angeles

James B. Lovelace is an equity portfolio manager at Capital Group. He has 34 years of investment experience, all with Capital Group. Earlier in his career, as an equity investment analyst at Capital, Jim covered beverages & tobacco, restaurants & lodging, household products and personal care companies. Jim began his career at Capital as a participant in The Associates Program, a two-year series of work assignments in various areas of the organization. He holds a bachelor's degree with honors in philosophy from Swarthmore College. He also holds the Chartered Financial Analyst® designation and is a member of the Los Angeles Society of Financial Analysts. Jim is based in Los Angeles. Jim's investment approach embraces growth and income as a core strategy rather than just an investment category. He strives to earn a solid yield as the foundation of his long-term investment results. In order to achieve an above-average portfolio yield, he focuses on those companies with substantial current dividend yields to balance with those of average yield but higher growth of income. Jim describes his buying approach as being ?less worried about buying it ?just right' and more interested in what the dividend will be in three to five years.? His approach leads to a portfolio with less volatility and less turnover than most others. Investments stay in Jim's portfolios for a long time as evidenced by his very low turnover of about 10% in any given year.

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Manager Name: Winnie Kwan
Manager start date: 21 September 2018
Manager located in: Hong Kong

Winnie Kwan is an equity portfolio manager at Capital Group. She has 20 years of investment experience and has been with Capital Group for 17 years. Earlier in her career, as an equity investment analyst at Capital, she covered global exchanges, Asian utilities and small-cap companies. Prior to joining Capital, Winnie worked with Morgan Stanley in London, Hong Kong and Singapore. She holds both master's and bachelor's degrees in economics from Trinity College at the University of Cambridge. She also holds the Chartered Financial Analyst® designation. Winnie is based in Hong Kong.

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Manager Name: David A. Hoag
Manager start date: 21 September 2018
Manager located in: Los Angeles

David A. Hoag is a fixed income portfolio manager at Capital Group. He also serves on the Fixed Income Management Committee. He has 31 years of investment experience and has been with Capital Group for 27 years. Earlier in his career, as a fixed income investment analyst at Capital, he covered municipal bonds. Prior to joining Capital, David worked as a municipal bond analyst for Van Kampen Merritt Investment Advisory Corp. in Lisle, Illinois. He holds an MBA in finance from the University of Chicago Booth School of Business and a bachelor's degree in economics and business from Wheaton College, Illinois. David is based in Los Angeles.

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Benchmark data provided subject to this disclaimer.
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account