Chitrang Purani is a fixed income portfolio manager with 20 years of investment experience (as of 12/31/2023). He holds an MBA from the University of Chicago and a bachelor's degree from Northern Illinois University. He also holds the Chartered Financial Analyst® designation.
Scott Szever is a director in ETF product and capital markets with 21 years of industry experience (as of 12/31/2023). He holds a bachelor's degree in economics and finance from York College of Pennsylvania.
Capital Group exchange-traded funds (ETFs) are actively managed and do not seek to replicate a specific index. ETF shares are bought and sold through an exchange at the then current market price, not net asset value (NAV), and are not individually redeemed from the fund. Shares may trade at a premium or discount to their NAV when traded on an exchange. Brokerage commissions will reduce returns. There can be no guarantee that an active market for ETFs will develop or be maintained, or that the ETF's listing will continue or remain unchanged.