0001870116
2025-06-01
2026-05-31
0001870116
cik0001870116:C000231859Member
2025-06-01
2026-05-31
0001870116
cik0001870116:MSCIACWIAllCountryWorldIndexMember
2025-06-01
2026-05-31
0001870116
cik0001870116:C000231859Member
2026-05-31
0001870116
cik0001870116:C000231859Member
oef:InformationTechnologySectorMember
2026-05-31
0001870116
cik0001870116:C000231859Member
oef:IndustrialSectorMember
2026-05-31
0001870116
cik0001870116:C000231859Member
us-gaap:FinancialServicesSectorMember
2026-05-31
0001870116
cik0001870116:C000231859Member
oef:ConsumerDiscretionarySectorMember
2026-05-31
0001870116
cik0001870116:C000231859Member
oef:UnclassifiedSectorMember
2026-05-31
0001870116
cik0001870116:C000231859Member
cik0001870116:ShortTermSecuritiesAndOtherAssetsLessLiabilitiesMember
2026-05-31
0001870116
cik0001870116:C000231859Member
us-gaap:HealthcareSectorMember
2026-05-31
0001870116
cik0001870116:C000231859Member
oef:CommunicationsSectorMember
2026-05-31
0001870116
cik0001870116:C000231859Member
2022-02-22
2022-02-22
0001870116
cik0001870116:MSCIACWIAllCountryWorldIndexMember
2022-02-22
2022-02-22
0001870116
cik0001870116:C000231859Member
2022-02-22
2026-05-31
0001870116
cik0001870116:MSCIACWIAllCountryWorldIndexMember
2022-02-22
2026-05-31
0001870116
cik0001870116:C000231859Member
2022-02-22
2022-05-31
0001870116
cik0001870116:MSCIACWIAllCountryWorldIndexMember
2022-02-22
2022-05-31
0001870116
cik0001870116:C000231859Member
2022-02-22
2022-11-30
0001870116
cik0001870116:MSCIACWIAllCountryWorldIndexMember
2022-02-22
2022-11-30
0001870116
cik0001870116:C000231859Member
2022-02-22
2023-05-31
0001870116
cik0001870116:MSCIACWIAllCountryWorldIndexMember
2022-02-22
2023-05-31
0001870116
cik0001870116:C000231859Member
2022-02-22
2023-11-30
0001870116
cik0001870116:MSCIACWIAllCountryWorldIndexMember
2022-02-22
2023-11-30
0001870116
cik0001870116:C000231859Member
2022-02-22
2024-05-31
0001870116
cik0001870116:MSCIACWIAllCountryWorldIndexMember
2022-02-22
2024-05-31
0001870116
cik0001870116:C000231859Member
2022-02-22
2024-11-30
0001870116
cik0001870116:MSCIACWIAllCountryWorldIndexMember
2022-02-22
2024-11-30
0001870116
cik0001870116:C000231859Member
2022-02-22
2025-05-31
0001870116
cik0001870116:MSCIACWIAllCountryWorldIndexMember
2022-02-22
2025-05-31
0001870116
cik0001870116:C000231859Member
2022-02-22
2025-11-30
0001870116
cik0001870116:MSCIACWIAllCountryWorldIndexMember
2022-02-22
2025-11-30
iso4217:USD
pure
cik0001870116:Holding
10000
10000
8856
9461
8920
9223
17553
17454
12518
13030
12718
13398
14615
15402
9546
9541
10149
10331
12025
11789
false
0001870116
N-1A
0.3962
0.1431
0.1062
0.0970
0.0883
0.0269
0.0834
0.0589
N-CSR
Capital Group Global Growth Equity ETF
2026-05-31
Capital Group Global Growth Equity ETF
Capital Group Global Growth Equity ETF
CGGO
NYSEArca
This annual shareholder report contains important information about Capital Group Global Growth Equity ETF (the "fund") for the period from June 1, 2025 to May 31, 2026.
annual shareholder report
You can find additional information about the fund at capitalgroup.com/ETF-literature. You can also request this information by contacting us at (800) 421-4225.
capitalgroup.com/ETF-literature
(800) 421-4225
<div style="margin-top: 0; margin-right: 0; margin-bottom: 0; margin-left: 0; font-family: 'Arial'; font-size: 10pt; font-weight: normal; line-height: 13pt; color: rgb(0, 0, 0);"><div style="font-family: 'Times New Roman'; font-size: 11pt; line-height: 13pt; color: rgb(0, 95, 158);font-weight:bolder;display:inline;width:100%;">What were the fund costs for the last year?</div> (based on a hypothetical $10,000 investment)</div> <table style="text-align:start; break-inside: avoid-page; page-break-inside: avoid; table-layout: auto; width: 100%; border-collapse: collapse; border-bottom-color: rgb(153, 153, 153); border-bottom-style: solid; border-bottom-width: 0.5pt; margin-bottom: 3pt;"><tr style="break-after: avoid; break-inside: avoid-page; page-break-inside: avoid; background-color: rgb(0, 95, 158); border-right-color: rgb(255, 255, 255); border-right-style: solid; border-right-width: 0.5pt; height: 19.008pt; border-bottom-color: initial; border-bottom-style: none; border-bottom-width: initial;"><td style="break-inside: avoid; padding: 3pt 6pt; font-family: "Times New Roman"; font-size: 10pt; line-height: 10pt; text-align: center; vertical-align: middle; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255); width: 126.9pt;"><div style="font-weight:bolder;display:inline;">Fund</div></td><td style="break-inside: avoid; padding: 3pt 6pt; width: 171.072pt; font-family: "Times New Roman"; font-size: 10pt; line-height: 10pt; text-align: center; vertical-align: middle; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255);"><div style="font-weight:bolder;display:inline;">Cost of $10,000 Investment</div></td><td style="break-inside: avoid; padding: 3pt 0px; font-family: "Times New Roman"; font-size: 10pt; line-height: 10pt; text-align: center; vertical-align: middle; color: rgb(255, 255, 255); width: 267.948pt; border-right: initial initial;"><div style="font-weight:bolder;display:inline;">Costs paid as a percentage of a $10,000 investment</div></td></tr><tr style="break-inside: avoid-page; page-break-inside: avoid; border-bottom-color: initial; border-bottom-style: none; border-bottom-width: initial; height: 20pt;"><td style="break-inside: avoid-page; page-break-inside: avoid; font-family: 'Arial'; font-weight: normal; color: rgb(0, 0, 0); padding-top: 3pt; padding-bottom: 3pt; font-size: 10pt; line-height: 10pt; text-align: center; padding-right: 6pt; padding-left: 6pt; width: 126.9pt; vertical-align: bottom;">CGGO</td><td style="break-inside: avoid-page; page-break-inside: avoid; font-family: 'Arial'; font-weight: normal; color: rgb(0, 0, 0); padding-top: 3pt; padding-bottom: 3pt; font-size: 10pt; line-height: 10pt; text-align: center; width: 171.072pt; padding-right: 6pt; padding-left: 6pt; vertical-align: bottom;"><div style="float: none; letter-spacing: 0px; top: 0px;display:inline;">$</div>56</td><td style="break-inside: avoid-page; page-break-inside: avoid; font-family: 'Arial'; font-weight: normal; color: rgb(0, 0, 0); padding-top: 3pt; padding-bottom: 3pt; font-size: 10pt; line-height: 10pt; text-align: center; white-space: nowrap; width: 267.948pt; padding-right: 0; padding-left: 0; vertical-align: bottom;">0.47<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td></tr></table>
56
0.0047
<div style="margin-top: 0; margin-right: 0; margin-bottom: 2.0016pt; margin-left: 0; font-family: 'Times New Roman'; font-weight: bold; font-size: 11pt; line-height: 12pt; letter-spacing: normal; text-transform: none; color: rgb(0, 95, 158); padding-top: 0;">Management's discussion of fund performance</div> <div style="margin-top: 0; margin-right: 0; margin-bottom: 4.0032pt; margin-left: 0; font-size: 9pt; font-weight: normal; color: rgb(0, 0, 0); font-family: 'Arial'; line-height: 11pt; letter-spacing: -0.04pt;">The fund's shares gained 38.02% on a net asset value (NAV) basis and 37.83% on a market price basis for the year ended May 31, 2026. These results compare with a 30.27% gain for the MSCI ACWI (All Country World Index). For information on returns for additional periods, including the fund lifetime, please refer to <div style="text-decoration-line: underline; font-family: "Times New Roman"; color: rgb(0, 95, 158); font-size: 9pt; line-height: 11pt; letter-spacing: -0.04pt;display:inline;"><div style="font-weight:bolder;display:inline;">capitalgroup.com/ETF-returns</div></div>.</div> <div style="margin-top: 6.9984pt; margin-right: 0; margin-bottom: 2.0016pt; margin-left: 0; color: rgb(0, 0, 0); font-family: 'Times New Roman'; font-weight: bold; font-size: 10pt; line-height: 10pt; letter-spacing: normal; text-transform: none; padding-top: 0;">What factors influenced results</div> <div style="margin-top: 0; margin-right: 0; margin-bottom: 4.0032pt; margin-left: 0; font-family: 'Arial'; font-size: 9pt; font-weight: normal; color: rgb(0, 0, 0); line-height: 11pt; letter-spacing: -0.04pt;">During the fund’s fiscal year, global equity markets delivered robust gains despite persistent trade tensions and geopolitical uncertainty. Strong corporate earnings lifted equities to record highs, including those within the U.S. and Japan. Heavy investment in artificial intelligence continued to boost large-cap technology stocks. Meanwhile, energy stocks surged on higher oil prices, driven by the Middle East conflict. Emerging markets also advanced, as strong semiconductor demand supported stocks in South Korea and Taiwan.</div> <div style="margin-top: 0; margin-right: 0; margin-bottom: 4.0032pt; margin-left: 0; font-size: 9pt; font-weight: normal; color: rgb(0, 0, 0); font-family: 'Arial'; line-height: 11pt; letter-spacing: -0.04pt;">Holdings in multiple sectors contributed positively to the portfolio, with information technology being the most additive. Returns from the industrials, health care and materials sectors also supported results. U.S.-based companies, which represent about half of the portfolio, posted gains but lagged the fund’s overall results. Companies in South Korea and Taiwan also made meaningful contributions.</div> <div style="margin-top: 0; margin-right: 0; margin-bottom: 4.0032pt; margin-left: 0; font-size: 9pt; font-weight: normal; color: rgb(0, 0, 0); font-family: 'Arial'; line-height: 11pt; letter-spacing: -0.04pt;">In contrast, the utilities sector in the portfolio was the only detractor during the period. Investments in companies based in Japan, Denmark and the Philippines detracted from the portfolio.</div>
<img alt="Fund Performance - Growth of 10K" src="chartimages_1634193.jpg" style="width: 550pt;"/>
<div style="margin-top: 0; margin-right: 0; margin-bottom: 4pt; margin-left: 0; font-family: 'Times New Roman'; font-weight: bold; font-size: 10pt; line-height: 10pt; text-align: left; letter-spacing: normal; text-transform: none; padding-bottom: 0; border-bottom-color: initial; border-bottom-style: none; border-bottom-width: initial; color: rgb(0, 0, 0);">Average annual total returns</div> <table style="text-align:start; width: 100%; border-collapse: collapse; break-inside: avoid-page; page-break-inside: avoid;"><tr style="break-after: avoid; break-inside: avoid-page; page-break-inside: avoid; background-color: rgb(0, 95, 158); border-right-color: rgb(255, 255, 255); border-right-style: solid; border-right-width: 0.5pt; height: 16.9992pt; border-bottom-color: rgb(153, 153, 153); border-bottom-style: solid; border-bottom-width: 0.5pt;"><td style="break-inside: avoid; padding: 3pt 2pt; width: 60%; font-family: "Times New Roman"; font-size: 10pt; line-height: 10pt; text-align: center; vertical-align: middle; white-space: nowrap; color: rgb(255, 255, 255); border-right: initial initial; background-color: rgb(223, 229, 240);"><div style="display:inline;"></div></td><td style="break-inside: avoid; padding: 0px 5pt; width: 64pt; font-family: "Times New Roman"; font-size: 10pt; line-height: 10pt; text-align: center; vertical-align: middle; white-space: nowrap; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255); background-color: rgb(0, 95, 158);"><div style="font-weight:bolder;display:inline;">1 year</div></td><td style="break-inside: avoid; padding: 0px 5pt; width: 64pt; font-family: "Times New Roman"; font-size: 10pt; line-height: 10pt; text-align: center; vertical-align: middle; white-space: nowrap; color: rgb(255, 255, 255); border-right: 0.5pt solid rgb(255, 255, 255); background-color: rgb(0, 95, 158);"><div style="font-weight:bolder;display:inline;">Since inception<div style="font-size: smaller; vertical-align: super;display:inline;">1</div></div></td></tr><tr style="break-inside: avoid-page; page-break-inside: avoid; height: auto; border-bottom-color: rgb(153, 153, 153); border-bottom-style: solid; border-bottom-width: 0.5pt; background-color: rgb(255, 255, 255);"><td style="break-inside: avoid-page; page-break-inside: avoid; font-family: 'Arial'; font-size: 9pt; font-weight: normal; color: rgb(0, 0, 0); line-height: 9pt; vertical-align: middle; width: 60%; text-align: left; padding-top: 3pt; padding-right: 2pt; padding-bottom: 3pt; padding-left: 2pt;">Capital Group Global Growth Equity ETF (at <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">NAV)</div><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-size: smaller; vertical-align: super;display:inline;">2</div></div></td><td style="break-inside: avoid-page; page-break-inside: avoid; font-family: 'Arial'; font-size: 9pt; font-weight: normal; color: rgb(0, 0, 0); line-height: 9pt; width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 5pt; padding-bottom: 0; padding-left: 5pt; white-space: nowrap;">38.02<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td><td style="break-inside: avoid-page; page-break-inside: avoid; font-family: 'Arial'; font-size: 9pt; font-weight: normal; color: rgb(0, 0, 0); line-height: 9pt; width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 5pt; padding-bottom: 0; padding-left: 5pt; white-space: nowrap;">14.09<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td></tr><tr style="break-inside: avoid-page; page-break-inside: avoid; height: auto; background-color: rgb(255, 255, 255); border-bottom-color: initial; border-bottom-style: none; border-bottom-width: initial;"><td style="break-inside: avoid-page; page-break-inside: avoid; font-family: 'Arial'; font-size: 9pt; font-weight: normal; color: rgb(0, 0, 0); line-height: 9pt; vertical-align: middle; width: 60%; text-align: left; padding-top: 3pt; padding-right: 2pt; padding-bottom: 3pt; padding-left: 2pt;">MSCI ACWI (All Country World <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">Index)</div><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-size: smaller; vertical-align: super;display:inline;">3</div></div></td><td style="break-inside: avoid-page; page-break-inside: avoid; font-family: 'Arial'; font-size: 9pt; font-weight: normal; color: rgb(0, 0, 0); line-height: 9pt; width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 5pt; padding-bottom: 0; padding-left: 5pt; white-space: nowrap;">30.27<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td><td style="break-inside: avoid-page; page-break-inside: avoid; font-family: 'Arial'; font-size: 9pt; font-weight: normal; color: rgb(0, 0, 0); line-height: 9pt; width: 64pt; text-align: center; vertical-align: middle; padding-top: 0; padding-right: 5pt; padding-bottom: 0; padding-left: 5pt; white-space: nowrap;">13.94<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td></tr></table> <div style="margin-top: 0; margin-right: 0; margin-bottom: 0; margin-left: 5pt; font-family: 'Arial'; font-weight: normal; color: rgb(0, 0, 0); font-size: 8pt; line-height: 10pt; text-indent: -5pt;"><div style="font-size: smaller; vertical-align: super;display:inline;">1</div> The fund began investment operations on February 22, 2022.</div> <div style="margin-top: 0; margin-right: 0; margin-bottom: 0; margin-left: 5pt; font-family: 'Arial'; font-weight: normal; color: rgb(0, 0, 0); font-size: 8pt; line-height: 10pt; text-indent: -5pt;"><div style="font-size: smaller; vertical-align: super;display:inline;">2</div> Investment results assume all distributions are reinvested and reflect applicable fees and expenses. When applicable, results reflect fee waivers and/or expense reimbursements, without which they would have been lower.</div> <div style="margin-top: 0; margin-right: 0; margin-bottom: 0; margin-left: 5pt; font-family: 'Arial'; font-weight: normal; color: rgb(0, 0, 0); font-size: 8pt; line-height: 10pt; text-indent: -5pt;"><div style="font-size: smaller; vertical-align: super;display:inline;">3</div> Results assume all distributions are reinvested. Any market index shown is unmanaged, and therefore, has no expenses. Investors cannot invest directly in an index. Source(s): MSCI.</div>
Capital Group Global Growth Equity ETF (at NAV)
0.3802
0.1409
MSCI ACWI (All Country World Index)
0.3027
0.1394
2022-02-22
The fund’s past performance is not a predictor of its future performance.
The line chart and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares.
<div style="margin-top: 10pt; margin-right: 0; margin-bottom: 3pt; margin-left: 0; font-family: 'Times New Roman'; font-weight: bold; font-size: 11pt; line-height: 11pt; letter-spacing: normal; color: rgb(0, 95, 158);">Key fund statistics</div> <table style="text-align:start; width: 100%; border-collapse: collapse; break-inside: avoid-page; page-break-inside: avoid;"><tr style="break-inside: avoid-page; page-break-inside: avoid; height: auto; border-bottom-color: rgb(153, 153, 153); border-bottom-style: solid; border-bottom-width: 0.5pt; border-top-color: rgb(153, 153, 153); border-top-style: solid; border-top-width: 0.5pt;"><td style="break-inside: avoid-page; page-break-inside: avoid; vertical-align: middle; font-family: 'Arial'; font-size: 9pt; color: rgb(0, 0, 0); padding-top: 3pt; padding-bottom: 3pt; line-height: 9pt; padding-right: 0; padding-left: 0; text-align: left; width: 70%; font-weight: normal;">Fund net assets (in millions)</td><td style="break-inside: avoid-page; page-break-inside: avoid; text-align: right; vertical-align: middle; font-family: 'Arial'; font-size: 9pt; font-weight: normal; color: rgb(0, 0, 0); padding-top: 3pt; padding-bottom: 3pt; line-height: 9pt; padding-right: 0; padding-left: 0; white-space: nowrap;"><div style="float: none; letter-spacing: 0px; top: 0px;display:inline;">$</div>11,366</td></tr><tr style="break-inside: avoid-page; page-break-inside: avoid; height: auto; border-bottom-color: rgb(153, 153, 153); border-bottom-style: solid; border-bottom-width: 0.5pt;"><td style="break-inside: avoid-page; page-break-inside: avoid; vertical-align: middle; font-family: 'Arial'; font-size: 9pt; color: rgb(0, 0, 0); padding-top: 3pt; padding-bottom: 3pt; line-height: 9pt; padding-right: 0; padding-left: 0; text-align: left; width: 70%; font-weight: normal;">Total number of portfolio holdings</td><td style="break-inside: avoid-page; page-break-inside: avoid; text-align: right; vertical-align: middle; font-family: 'Arial'; font-size: 9pt; font-weight: normal; color: rgb(0, 0, 0); padding-top: 3pt; padding-bottom: 3pt; line-height: 9pt; padding-right: 0; padding-left: 0; white-space: nowrap;">107</td></tr><tr style="break-inside: avoid-page; page-break-inside: avoid; height: auto; border-bottom-color: rgb(153, 153, 153); border-bottom-style: solid; border-bottom-width: 0.5pt;"><td style="break-inside: avoid-page; page-break-inside: avoid; vertical-align: middle; font-family: 'Arial'; font-size: 9pt; color: rgb(0, 0, 0); padding-top: 3pt; padding-bottom: 3pt; line-height: 9pt; padding-right: 0; padding-left: 0; text-align: left; width: 70%; font-weight: normal;">Total advisory fees paid (in millions)</td><td style="break-inside: avoid-page; page-break-inside: avoid; text-align: right; vertical-align: middle; font-family: 'Arial'; font-size: 9pt; font-weight: normal; color: rgb(0, 0, 0); padding-top: 3pt; padding-bottom: 3pt; line-height: 9pt; padding-right: 0; padding-left: 0; white-space: nowrap;"><div style="float: none; letter-spacing: 0px; top: 0px;display:inline;">$</div>38</td></tr><tr style="break-inside: avoid-page; page-break-inside: avoid; height: auto; border-bottom-color: rgb(153, 153, 153); border-bottom-style: solid; border-bottom-width: 0.5pt;"><td style="break-inside: avoid-page; page-break-inside: avoid; vertical-align: middle; font-family: 'Arial'; font-size: 9pt; color: rgb(0, 0, 0); padding-top: 3pt; padding-bottom: 3pt; line-height: 9pt; padding-right: 0; padding-left: 0; text-align: left; width: 70%; font-weight: normal;">Portfolio turnover r<div style="display:inline;">a</div>te</td><td style="break-inside: avoid-page; page-break-inside: avoid; text-align: right; vertical-align: middle; font-family: 'Arial'; font-size: 9pt; font-weight: normal; color: rgb(0, 0, 0); padding-top: 3pt; padding-bottom: 3pt; line-height: 9pt; padding-right: 0; padding-left: 0; white-space: nowrap;">42<div style="letter-spacing: 0px; top: 0px;display:inline;">%</div></td></tr></table>
11366000000
107
38000000
0.42
<div style="font-weight: normal; color: rgb(0, 0, 0); margin-top: 10pt; margin-right: 0; margin-bottom: 2.0016pt; margin-left: 10pt; font-family: 'Arial'; font-size: 10pt; line-height: 11pt; letter-spacing: normal; text-transform: none; text-align: left; padding-bottom: 0; border-bottom-color: initial; border-bottom-style: none; border-bottom-width: initial; padding-left: 27pt;"><div style="font-family: "Times New Roman"; font-size: 11pt; line-height: 11pt; letter-spacing: normal; text-transform: none; text-align: left; color: rgb(0, 95, 158); margin-top: 10pt; margin-bottom: 3pt; padding-bottom: 0px; border-bottom: initial initial;font-weight:bolder;display:inline;">Portfolio holdings by sector </div>(percent of net assets)</div><div style="font-family: 'Arial'; font-size: 9pt; font-weight: normal; color: rgb(0, 0, 0); padding-left: 25pt;"><img alt="Graphical Representation - Allocation 1 Chart" src="chartimages_1634199.jpg" style="display: block; width: 300pt;"/> </div>
<div style="margin-top: 0; margin-right: 0; margin-bottom: 2.0016pt; margin-left: 0; font-family: 'Times New Roman'; font-weight: bold; font-size: 11pt; line-height: 12pt; color: rgb(0, 95, 158);">Changes in and disagreements with accountants</div> <div style="margin-top: 0; margin-right: 0; margin-bottom: 10pt; margin-left: 0; font-size: 9pt; font-weight: normal; color: rgb(0, 0, 0); font-family: 'Arial'; line-height: 11pt;">On <div style="letter-spacing: 0px; top: 0px;display:inline;">July 3, 2025</div>, PricewaterhouseCoopers LLP (“PwC”) was <div style="display:inline;">dismi</div>ssed and D<div style="display:inline;">el</div>oitte & Touche LLP was appointed as the f<div style="letter-spacing: 0px; top: 0px;display:inline;">un</div>d’s independent registered public accounting firm for the fiscal year ending May 31, 2026 audit. The change in the fund’s independent registered public accounting firm was approved by the fund’s board of trustees, including a majority of the independent trustees, upon recommendation of the audit committee, as part of a broader effort to update board oversight and fund operations. At no point during the fund’s fiscal years ended May 31, 2024 and May 31, 2025 and the subsequent interim period through July 14, 2025, were there any disagreements between management and PwC on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedure.</div>
2025-07-03
Investment results assume all distributions are reinvested and reflect applicable fees and expenses. When applicable, results reflect fee waivers and/or expense reimbursements, without which they would have been lower.
The fund began investment operations on February 22, 2022.
Results assume all distributions are reinvested. Any market index shown is unmanaged, and therefore, has no expenses. Investors cannot invest directly in an index. Source(s): MSCI.