Capital Group Expands Canadian ETF Lineup With Three Active Equity ETFs

Capital Group Canada has launched three actively managed equity ETFs on the Toronto Stock Exchange, expanding its ETF lineup to seven funds. The new ETFs include the Capital Group U.S. Equity Select ETF (CAPU), which invests primarily in U.S. stocks for long-term capital growth and income; the Capital Group International Developed Equity Select ETF (CAPN), focused on developed markets outside North America; and the Capital Group Global Developed Equity Select ETF (CAPQ), which invests across developed global markets. The firm says the funds are designed as core portfolio holdings, leveraging its global research platform, multiple portfolio manager system, and more than 90 years of active investment experience. The launch aims to meet growing demand for internationally diversified, actively managed ETF solutions at competitive costs.