Capital Global Equity Fund
SM
Summary
prospectus
|
Ticker
– CGLOX
|
January 1, 2013
(as supplemented February 5, 2013)
|
|
Before you invest, you may want to review the fund’s
prospectus and statement of additional information, which contain more information about the fund and its risks. You can find
the fund’s prospectus, statement of additional information and other information about the fund online at capitalpcsfunds.com.
You can also get this information at no cost by calling 800/421-4996 or by sending an email request to prospectusrequest@capgroup.com.
The current prospectus and statement of additional information, dated January 1, 2013 (as supplemented February 5, 2013) ,
are incorporated by reference into this summary prospectus.
Investment objective
The fund seeks to preserve your investment while providing
growth.
Fees and expenses of the fund
This table describes the fees and expenses that you may
pay if you buy and hold shares of the fund.
Shareholder
fees
(fees paid directly from your investment)
|
Maximum sales charge (load) imposed on purchases (as
a percentage of offering price)
|
none
|
Maximum deferred sales charge (load) (as a percentage of the amount
redeemed)
|
none
|
Maximum sales charge (load) imposed on reinvested dividends
|
none
|
Redemption or exchange fees
|
none
|
Annual
fund operating expenses
(expenses that you pay each year as a percentage
of the value of your investment)
|
Management fees
|
0.85%
|
Distribution and/or service (12b-1) fees
|
None
|
Other expenses
1
|
0.01
|
Total annual fund operating expenses
|
0.86
|
Expense reimbursement
2
|
0.01
|
Total annual fund operating expenses after reimbursement
|
0.85
|
1
Clients of Capital Guardian Trust Company’s Capital Group Private Client Services division (“CGPCS”)
are eligible to invest in the fund. CGPCS receives an annual service fee of up to .75% of a client’s investment in the fund
under management by CGPCS pursuant to an investment management agreement. You should read carefully the disclosures provided to
you by CGPCS regarding the fees. The disclosures include information about the fees charged to you and paid to CGPCS for the services
it provides.
2
The fund’s investment adviser is currently reimbursing the fund for a portion of other expenses so that total
fund expenses do not exceed .85%. The fund expects that the reimbursement, which can be modified or terminated only with the approval
of the fund’s board of trustees, will be in effect through December 31, 2013.
Example
This example is intended to help you compare
the cost of investing in the fund with the cost of investing in other mutual funds.
The example assumes that you invest $10,000 in the fund
for the time periods indicated and then redeem all of your shares at the end of those periods. The example also assumes that your
investment has a 5% return each year and that the fund’s operating expenses remain the same. Although your actual costs
may be higher or lower, based on these assumptions your costs would be:
1 year
|
3 years
|
5 years
|
10 years
|
$87
|
$273
|
$476
|
$1,060
|
Portfolio turnover
The fund pays transaction costs,
such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover
rate may indicate higher transaction costs and may result in higher taxes when fund shares are held in a taxable account. These
costs, which are not reflected in annual fund operating expenses or in the example, affect the fund’s investment results.
During the most recent fiscal year, the fund’s portfolio turnover rate was 35% of the average value of its portfolio.
Principal investment strategies
The fund invests primarily in common stocks, or securities
convertible into common stocks, of issuers around the world that the investment adviser believes have the potential for growth.
The fund may also invest in common stocks, or securities convertible into common stocks, of issuers around the world with the
potential to pay dividends in the future. Under normal market conditions, the fund will invest at least 80% of its net assets
in equity-type securities. The fund will allocate its assets among various countries, including the United States (but in no fewer
than three countries). Under normal market conditions, the fund will invest significantly in issuers outside the United States
(at least 40% of its net assets – unless market conditions are not deemed favorable by the fund’s investment adviser,
in which case the fund would invest at least 30% of its net assets). The fund may invest up to 10% of its net assets in the securities
of issuers based in emerging markets.
In pursuing the fund’s objectives, the investment
adviser will seek to preserve your investment. While the investment adviser seeks to preserve capital, investing is subject to
market risks and may result in periods of volatility and the potential for loss. In pursuing the fund’s growth objective,
the fund’s investment adviser focuses primarily on companies with attributes that are associated with long-term growth,
such as strong management, participation in a growing market and the potential for above average growth in earnings, revenues,
book value, cash flow and/or return on assets. The investment adviser also invests in companies with the potential to provide
income in pursuing the fund’s objectives.
The investment adviser uses a system of multiple portfolio
managers in managing the fund’s assets. Under this approach, the portfolio of the fund is divided into segments managed
by individual managers who decide how their respective segments will be invested.
The fund relies on the professional judgment of its investment
adviser to make decisions about the fund’s portfolio investments. The basic investment philosophy of the investment adviser
is to seek to invest in attractively valued companies that, in its opinion, represent good, long-term investment opportunities.
The investment adviser believes that an important way to accomplish this is through fundamental analysis, which may include meeting
with company executives and employees, suppliers, customers and competitors. Securities may be sold when the investment adviser
believes that they no longer represent relatively attractive investment opportunities.
Principal risks
This section describes the principal risks associated
with the fund’s principal investment strategies. You may lose money by investing in the fund. The likelihood of loss may
be greater if you invest for a shorter period of time. Investors in the fund should have a long-term perspective and be able to
tolerate potentially sharp declines in value.
Market conditions —
The prices of, and the
income generated by, the securities held by the fund may decline due to market conditions and other factors, including those directly
involving the issuers of securities held by the fund.
Investing in growth-oriented stocks
— Growth-oriented
stocks may involve larger price swings and greater potential for loss than other types of investments.
Investing outside the United States —
Securities
of issuers domiciled outside the United States, or with significant operations outside the United States, may lose value because
of adverse political, social, economic or market developments in the countries or regions in which the issuer operates. These
securities may also lose value due to changes in foreign currency exchange rates against the U.S. dollar and/or currencies of
other countries. Securities markets in certain countries may be more volatile and/or less liquid than those in the United States.
Investments outside the United States may also be subject to different settlement and accounting practices and different regulatory,
legal and reporting standards, and may be more difficult to value, than those in the United States. The risks of investing outside
the United States may be heightened in connection with investments in emerging markets.
Management —
The investment adviser to the
fund actively manages the fund’s investments. Consequently, the fund is subject to the risk that the methods and analyses
employed by the investment adviser in this process may not produce the desired results. This could cause the fund to lose value
or its investment results to lag relevant benchmarks or other funds with similar objectives.
Your investment in the fund is not a bank deposit and is
not insured or guaranteed by the Federal Deposit Insurance Corporation or any other governmental agency, entity or person. You
should consider how this fund fits into your overall investment program.
Investment results
Information regarding investment results is not available
as of the date of this prospectus because the fund’s 2012 results were not available on January 1, 2013.
Capital Global Equity Fund / Summary prospectus / Summary prospectus
1
|
Management
Investment adviser
Capital Guardian Trust Company,
SM
the investment adviser to the fund, uses a system of multiple portfolio managers in managing mutual fund assets.
Portfolio managers
The primary individual portfolio
managers for the fund are:
Portfolio
manager/
Fund title
(if applicable)
|
Portfolio
manager
experience
in this fund
|
Primary
title
with investment adviser
|
Shelby Notkin
Senior Vice President
|
2
years
|
Senior Vice President, Capital Guardian Trust Company
|
Gerald Du Manoir
|
2
years
|
Senior Vice President, Capital Guardian Trust Company
|
Gregory D. Fuss
|
Less
than 1 year
|
Senior Vice President, Capital Guardian Trust Company
|
Todd S. James
|
2
years
|
Senior Vice President, Capital Guardian Trust Company
|
Theodore R. Samuels
|
2
years
|
President, Capital Guardian Trust Company
|
Purchase and sale of fund shares
The minimum amount required to establish an account is
$25,000. You may sell shares by contacting your Capital Group Private Client Services investment counselor or by calling 800/421-4996.
Tax information
Dividends and capital gain distributions you receive from
the fund are subject to federal income taxes and may also be subject to state and local taxes, unless you are tax-exempt or your
account is tax-favored.
Capital Global Equity Fund / Summary prospectus / Summary prospectus
2
|
Notes
MFGEIPX-086-0213P Printed in USA CGD/AFD/10210
|
Investment Company File No. 811-22349
|
Grafico Azioni Kcap Financial 7.375% Senior Notes Due 2019 (delisted) (NYSE:KAP)
Storico
Da Mag 2024 a Giu 2024
Grafico Azioni Kcap Financial 7.375% Senior Notes Due 2019 (delisted) (NYSE:KAP)
Storico
Da Giu 2023 a Giu 2024