The Process Pillar is our assessment of how sensible, clearly defined, and repeatable CFIHX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the CFIHX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of CFIHX’s parent organization’s priorities and whether they’re in line with investors’ interests.
An appealing, measured approach.
Greg Carlson
Senior Analyst
Summary
American Funds Capital Income Builder shares a prudent strategy with UCITS, Canada, and Japan funds, whose strengths remain intact, despite the loss of a veteran manager.