CGGO is part of Capital Groups suite of first active ETFs. The fund looks for growth potential in the US and internationally, typically investing up to 40% of its assets in equities outside the US, including emerging markets. The fund adviser uses a high-conviction, multi-manager approach, the portfolio is divided into segments managed by individual managers. The fund makes investment decisions based on the discretion of the fund adviser, whose basic investment philosophy is to look for attractively valued companies with good, long-term growth opportunities. The fund adviser accomplishes this through fundamental analysis, which may include meeting with company executives and employees, suppliers, customers, and competitors. CGGO may hold cash or cash equivalents, which may be invested in funds managed by the adviser.