Capital Group Launches Global Balanced Fund in Canada as a Cornerstone for Retirement Income Programs

 Capital Group Global Balanced Fund^SM (Canada) seeks to provide long-term growth of capital, conservation of principal and current income

TORONTO, Sept. 15, 2015 /CNW/ - Capital International Asset Management (Canada), Inc. part of Capital Group, one of the world's leading investment management firms, announced a new portfolio for Canadian investors, Capital Group Global Balanced Fund (Canada). The carefully managed portfolio of global stocks and bonds seeks to provide a solution for investors concerned about volatility and seeking stability, especially in retirement.

"We aim for an income level that is sustainable and can withstand a number of different market environments." said Hilda Applbaum, principal investment officer and portfolio manager. "Volatility is a real concern for any investor that has to make withdrawals to meet expenses. Withdrawals can't always be timed to market cycles. We try to think about the sources of volatility, what we need to be mindful of and how to smooth the investor's journey as much as possible."

Portfolio managers select securities from stock and bond markets worldwide, with a focus on dividend-paying stocks and investment-grade bonds. "Since the Canadian bond market is relatively small, a global fund avoids the capacity constraints that can be associated with domestic investing," notes Mark Tiffin, head of the Canadian operations of Capital Group. "The fund's managers look holistically across global stock and bond markets to create a portfolio that's appropriate for retirement — and, as much as possible, to help protect investors from falling markets."

According to Morningstar, Capital Group invests in more international stocks than any other North American fund manager and is among the largest investors in international bonds.ⁱ

The Global Balanced Fund management team consists of four portfolio managers based in San Francisco, Los Angeles, Geneva and London. Headed by Principal Investment Officer Hilda Applbaum, who started at Capital Group in 1995 as a convertible securities analyst, the management team averages 27 years of investment experience and 20 years with Capital Group.

Capital Groupⁱⁱ is a leading provider of actively managed funds with low fees and high firm-level manager ownership – meaning that the firm's portfolio managers generally invest significant sums in Capital Group's own funds. Founded in 1931, the company manages more than US$1.35 trillion in assets and manages investments for individuals and institutions worldwide.

For more information about Capital Group Global Balanced Fund (Canada) visit thecapitalgroup.com/ca.

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ⁱ Morningstar, based on assets as of 12/31/14.
ⁱⁱ Capital International Asset Management (Canada), Inc. and Capital Group funds are part of Capital Group, a global investment management firm headquartered in Los Angeles, California.

SOURCE Capital International Asset Management (Canada), Inc.

Image with caption: "Capital Group Companies, Inc. is one of the world's leading investment management firms, headquartered in Los Angeles, CA (CNW Group/Capital International Asset Management (Canada), Inc.)". Image available at: http://photos.newswire.ca/images/download/20150915_C6111_PHOTO_EN_496727.jpg

Hannah Coan, Capital Group, [phone], [email protected]