0002135658 2026-10-08 2026-10-08 0002135658 ck0002135658:S000108048Member 2026-10-08 2026-10-08 0002135658 ck0002135658:S000108048Member ck0002135658:C000279023Member 2026-10-08 2026-10-08 0002135658 ck0002135658:S000108048Member oef:RiskLoseMoneyMember 2026-10-08 2026-10-08 0002135658 ck0002135658:S000108048Member oef:RiskNotInsuredMember 2026-10-08 2026-10-08 0002135658 ck0002135658:S000108048Member ck0002135658:MarketConditionsMember 2026-10-08 2026-10-08 0002135658 ck0002135658:S000108048Member ck0002135658:IssuerRisksMember 2026-10-08 2026-10-08 0002135658 ck0002135658:S000108048Member ck0002135658:InvestingInIncomeorientedStocksMember 2026-10-08 2026-10-08 0002135658 ck0002135658:S000108048Member ck0002135658:InvestingInDebtInstrumentsMember 2026-10-08 2026-10-08 0002135658 ck0002135658:S000108048Member ck0002135658:InvestingInLowerRatedDebtInstrumentsMember 2026-10-08 2026-10-08 0002135658 ck0002135658:S000108048Member ck0002135658:InvestingOutsideTheUnitedStatesMember 2026-10-08 2026-10-08 0002135658 ck0002135658:S000108048Member ck0002135658:MarketTradingMember 2026-10-08 2026-10-08 0002135658 ck0002135658:S000108048Member ck0002135658:AuthorizedParticipantConcentrationMember 2026-10-08 2026-10-08 0002135658 ck0002135658:S000108048Member oef:RiskNondiversifiedStatusMember 2026-10-08 2026-10-08 0002135658 ck0002135658:S000108048Member srt:ManagementMember 2026-10-08 2026-10-08 0002135658 ck0002135658:S000108048Member ck0002135658:AssetAllocationMember 2026-10-08 2026-10-08 0002135658 ck0002135658:S000108048Member ck0002135658:FundStructureMember 2026-10-08 2026-10-08 iso4217:USD pure N-1A Capital Group Multi-Asset Income Builder ETF Capital Group Multi-Asset Income Builder ETF 2026-10-08 The Registrant hereby amends the Registration Statement on such date or dates as may be necessary to delay its effective date until the Registrant shall file a further amendment which specifically states that this Registration Statement shall thereafter become effective in accordance with Section 8(a) of the Securities Act of 1933 or until the Registration Statement shall become effective on such date as the Commission, acting pursuant to Section 8(a), shall determine. 2026-10-08 The fund has two primary investment objectives. It seeks (1) to provide a level of current income that exceeds the average yield on U.S. stocks generally and (2) to provide a growing stream of income over the years. Investment objectives The fund’s secondary objective is to provide growth of capital. This table describes the fees and expenses that you may pay if you buy, hold and sell shares of the fund. You may pay other fees, such as brokerage commissions and other fees to financial intermediaries, which are not reflected in the table and example below. Fees and expenses of the fund <table cellpadding="2" style="border-collapse: collapse; width: 100%; clear: both; font: 10pt Arial, Helvetica, Sans-Serif; border-spacing: 0px;"> <tr style="font-size: 10pt"> <td style="width: 100%"> </td></tr> <tr style="vertical-align: top; background-color: #F3F3F3"> <td style="border-bottom: #FFFFFF 0.5pt solid; font-size: 10pt; text-align: left; padding-left: 2.15pt">Shareholder fees (fees paid directly from your investment)</td></tr> <tr style="vertical-align: middle; background-color: #F3F3F3"> <td style="border-bottom: #FFFFFF 0.5pt solid; border-top: #FFFFFF 0.5pt solid; text-align: left; padding-left: 2.15pt">None</td></tr> </table> Shareholder fees (fees paid directly from your investment) 0 <table cellpadding="2" style="border-collapse: collapse; width: 100%; clear: both; font: 10pt Arial, Helvetica, Sans-Serif; border-spacing: 0px;"> <tr style="font-size: 10pt"> <td style="width: 83%"> </td> <td style="width: 17%"> </td></tr> <tr style="vertical-align: middle; background-color: #F3F3F3"> <td colspan="2" style="border-bottom: #FFFFFF 0.5pt solid; font-size: 10pt; text-align: left">Annual fund operating expenses1 (expenses that you pay each year as a percentage of the net asset value of your investment)</td></tr> <tr> <td style="vertical-align: middle; border-bottom: #FFFFFF 0.5pt solid; border-top: #FFFFFF 0.5pt solid; background-color: #F3F3F3; text-align: left">Management fees</td> <td style="vertical-align: top; border-bottom: #FFFFFF 0.5pt solid; border-top: #FFFFFF 0.5pt solid; background-color: #D9D9D9; text-align: right">0.35%</td></tr> <tr> <td style="vertical-align: middle; border-bottom: #FFFFFF 0.5pt solid; border-top: #FFFFFF 0.5pt solid; background-color: #F3F3F3; text-align: left">Other expenses2</td> <td style="vertical-align: top; border-bottom: #FFFFFF 0.5pt solid; border-top: #FFFFFF 0.5pt solid; background-color: #D9D9D9; text-align: right">0.00</td></tr> <tr> <td style="vertical-align: middle; border-bottom: #FFFFFF 0.5pt solid; border-top: #FFFFFF 0.5pt solid; background-color: #F3F3F3; text-align: left">Acquired (underlying) fund fees and expenses</td> <td style="vertical-align: top; border-bottom: #FFFFFF 0.5pt solid; border-top: #FFFFFF 0.5pt solid; background-color: #D9D9D9; text-align: right">0.00</td></tr> <tr> <td style="vertical-align: middle; border-top: #FFFFFF 0.5pt solid; background-color: #F3F3F3; text-align: left">Total annual fund operating expenses</td> <td style="vertical-align: top; border-top: #FFFFFF 0.5pt solid; background-color: #D9D9D9; text-align: right">0.35</td></tr> </table> 1 The fund’s Investment Advisory and Service Agreement provides that the investment adviser will pay all operating expenses of the fund, except for the management fees, interest expenses, taxes, acquired fund fees and expenses attributable to an investment in an acquired fund that is not managed or advised by the fund's investment adviser or its affiliates, costs of holding shareholder meetings, legal fees and expenses relating to arbitration or litigation, payments under the fund’s 12b-1 plan (if any) and other non-routine or extraordinary expenses. Additionally, the fund will be responsible for its non-operating expenses, including brokerage commissions and fees and expenses associated with the fund’s securities lending program, if any. 2 Based on estimated amounts for the current fiscal year. Annual fund operating expenses (expenses that you pay each year as a percentage of the net asset value of your investment) 0.0035 0 0 0.0035 Based on estimated amounts for the current fiscal year. This example is intended to help you compare the cost of investing in the fund with the cost of investing in other funds. The example assumes that you invest $10,000 in the fund for the time periods indicated and then sell all of your shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the fund’s operating expenses remain the same. No fees are charged by the fund upon the sale of fund shares, so you would incur these hypothetical costs whether or not you were to sell your shares at the end of the given period. Example Although your actual costs may be higher or lower, based on these assumptions your costs would be: <table cellpadding="2" style="border-collapse: collapse; width: 100%; clear: both; font: 10pt Arial, Helvetica, Sans-Serif; border-spacing: 0px;"> <tr style="font-size: 10pt"> <td style="width: 72%"> </td> <td style="width: 14%"> </td> <td style="width: 14%"> </td></tr> <tr style="vertical-align: middle; background-color: #F3F3F3"> <td style="border-bottom: #FFFFFF 0.5pt solid; font-size: 10pt"> </td> <td style="border-bottom: #FFFFFF 0.5pt solid; text-align: center">1 year</td> <td style="border-bottom: #FFFFFF 0.5pt solid; text-align: center">3 years</td></tr> <tr style="vertical-align: middle"> <td style="border-bottom: #FFFFFF 0.5pt solid; border-top: #FFFFFF 0.5pt solid; background-color: #F3F3F3; font-size: 10pt"> </td> <td style="border-bottom: #FFFFFF 0.5pt solid; border-top: #FFFFFF 0.5pt solid; background-color: #D9D9D9; text-align: right; padding-left: 2.15pt">$36</td> <td style="border-bottom: #FFFFFF 0.5pt solid; border-top: #FFFFFF 0.5pt solid; background-color: #F3F3F3; text-align: right; padding-left: 2.15pt">$113</td></tr> </table> 36 113 The fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the fund’s investment results. Because the fund has not commenced investment operations as of the date of this prospectus, information regarding the fund‘s portfolio turnover rate is not shown. Portfolio turnover The fund normally invests at least 90% of its assets in income-producing securities (with at least 50% of its assets in common stocks and other equity securities, including preferred stocks and convertible preferred stocks). In seeking to provide a level of current income that exceeds the average yield on U.S. stocks, the fund generally looks to the average yield on stocks of companies listed on the S&P 500 Index. The fund may also invest significantly in common stocks and other equity securities, including preferred stocks and convertible preferred stocks, outside the United States. In addition, the fund will invest in one or more fixed-income exchange-traded funds (ETFs) managed and advised by the fund's investment adviser (each, an “underlying fund”). Through such ETFs, the fund will attain exposure to bonds and other debt securities (across a wide range of maturities, durations and credit qualities), including U.S. government securities. The proportion of equities, fixed-income ETF(s) and money market instruments and cash held by the fund, as well as the selection of the underlying fixed-income ETF(s), varies with market conditions and the investment adviser's assessment of their relative attractiveness as investment opportunities. The fund is nondiversified, which means it may invest a greater portion of its assets in fewer issuers than would otherwise be the case. The investment adviser uses a system of multiple portfolio managers in managing assets. Under this approach, a portfolio is divided into segments managed by individual managers. For more information regarding the investment process of the fund, see the “Management and organization” section of this prospectus. The fund relies on the professional judgment of its investment adviser to make decisions about the fund’s portfolio investments. The basic investment philosophy of the investment adviser is to seek to invest in attractively valued companies that, in its opinion, represent good, long-term investment opportunities. Securities may be sold when the investment adviser believes that they no longer represent relatively attractive investment opportunities. Principal investment strategies You may lose money by investing in the fund. Market conditions — The prices of, and the income generated by, the common stocks and other securities held by the fund may decline due to various factors, including events or conditions affecting the general economy or particular industries or companies; overall market changes; local, regional or global political, social or economic instability; governmental, governmental agency or central bank responses to economic conditions; levels of public debt and deficits; changes in inflation rates; and currency exchange rate, interest rate and commodity price fluctuations. Economies and financial markets throughout the world are highly interconnected. Events (including public health emergencies, such as the spread of infectious disease), bank failures and other circumstances in one country or region could have impacts on global economies or markets. As a result, whether or not the fund invests in securities of issuers located in or with significant exposure to the countries affected, the value and liquidity of the fund’s investments may be negatively affected by developments in other countries and regions. Issuer risks — The prices of, and the income generated by, securities held by the fund may decline in response to various factors directly related to the issuers of such securities, including reduced demand for an issuer’s goods or services, poor management performance, major litigation, investigations or other controversies related to the issuer, changes in the issuer’s financial condition or credit rating, changes in government regulations affecting the issuer or its competitive environment and strategic initiatives and the market response to any such initiatives. An individual security may also be affected by factors relating to the industry or sector of the issuer or the securities markets as a whole, and conversely an industry or sector or the securities markets may be affected by a change in financial condition or other event affecting a single issuer. Investing in income-oriented stocks — The value of the fund’s securities and income provided by the fund may be reduced by changes in the dividend policies of, and the capital resources available for dividend payments at, the companies in which the fund invests. Investing in debt instruments — Through its investments in one or more proprietary ETFs, the fund will have indirect exposure to debt securities. The prices of, and the income generated by, bonds and other debt securities held by the underlying fund(s) may be affected by factors such as the interest rates, maturities and credit quality of these securities. Rising interest rates will generally cause the prices of bonds and other debt securities to fall. Also, when interest rates rise, issuers of callable debt securities that may be prepaid at any time, such as mortgage- or other asset-backed securities, are less likely to refinance existing debt securities, causing the average life of such securities to extend. A general change in interest rates may cause investors to sell debt securities on a large scale, which could also adversely affect the price and liquidity of debt securities and could also result in increased redemptions from the fund and/or an underlying fund.Falling interest rates may cause an issuer to redeem, call or refinance a debt security before its stated maturity, which may result in the underlying fund having to reinvest the proceeds in lower yielding securities. Longer maturity debt securities generally have greater sensitivity to changes in interest rates and may be subject to greater price fluctuations than shorter maturity debt securities. Bonds and other debt securities are also subject to credit risk, which is the possibility that the credit strength of an issuer or guarantor will weaken or be perceived to be weaker, and/or an issuer of a debt security will fail to make timely payments of principal or interest and the security will go into default. Changes in actual or perceived creditworthiness may occur quickly. A downgrade or default affecting any of the underlying fund’s securities could cause the value of the underlying fund’s shares to decrease. Lower quality debt securities generally have higher rates of interest and may be subject to greater price fluctuations than higher quality debt securities. Credit risk is gauged, in part, by the credit ratings of the debt securities in which the underlying fund invests. However, ratings are only the opinions of the rating agencies issuing them and are not guarantees as to credit quality or an evaluation of market risk. The underlying fund’s investment adviser relies on its own credit analysts to research issuers and issues in assessing credit and default risks. Investing in lower rated debt instruments — Lower rated debt securities or instruments, rated Ba1/BB+ or below by Nationally Recognized Statistical Rating Organizations (also known as "junk bonds"), generally have higher rates of interest and involve greater risk of default or price declines due to changes in the issuer’s creditworthiness than those of higher quality debt securities. The market prices of these securities may fluctuate more than the prices of higher quality debt securities and may decline significantly in periods of general economic difficulty. Investing outside the United States — Securities of issuers domiciled outside the United States or with significant operations or revenues outside the United States and securities tied economically to countries outside the United States may lose value because of adverse political, social, economic or market developments in the countries or regions in which the issuers are domiciled, operate or generate revenue or to which the securities are tied economically. These securities may also lose value due to changes in foreign currency exchange rates against the U.S. dollar and/or currencies of other countries. Issuers of these securities may be more susceptible to actions of foreign governments, which could adversely impact the value of these securities. Securities markets in certain countries may be more volatile and/or less liquid than those in the United States. Investments outside the United States may also be subject to different regulatory, legal, auditing, financial reporting, accounting and recordkeeping standards and practices, and may be more difficult to value, than those in the United States. In addition, the value of investments outside the United States may be reduced by foreign taxes. Further, there may be increased risks of delayed settlement of securities purchased or sold by the fund, which could impact the liquidity of the fund’s portfolio. Market trading — The fund shares are listed for trading on an exchange and are bought and sold on the secondary market at market prices. The market prices of fund shares are expected to fluctuate, in some cases materially, in response to changes in the fund’s net asset value (“NAV”), the intraday value of the fund’s holdings, and supply and demand for the fund shares. The existence of significant market volatility, disruptions to creations and redemptions, or potential lack of an active trading market for fund shares and/or for the holdings of the fund (including through a trading halt), among other factors, may result in the shares trading significantly above (at a premium) or below (at a discount) to NAV and bid-ask spreads may widen. A bid-ask spread is the “spread” or difference between what investors are willing to pay for fund shares (the “bid” price) and the price at which they are willing to sell fund shares (the “ask” price). If you buy fund shares when their market price is at a premium or sell the fund shares when their market price is at a discount, you may pay more than, or receive less than, NAV, respectively. Similarly, market volatility, disruptions to creations or redemptions, or a potential lack of an active trading market for the underlying funds’ shares may result in the fund’s shares trading significantly above (at a premium) or below (at a discount) to NAV and bid-ask spreads may widen. Foreign securities held by the fund may be traded in markets that close at a different time than the exchange on which the fund’s shares are listed. Liquidity in those securities may be reduced after the applicable closing times. Accordingly, during the time when the fund’s exchange is open but after the applicable market closing, fixing or settlement times, bid-ask spreads on the fund’s exchange and the corresponding premium or discount to the fund’s NAV may widen. Authorized Participant concentration — Only Authorized Participants (as defined in the “Shareholder information” section below) may engage in creation or redemption transactions directly with the fund, and none of them is obligated to do so. The fund has a limited number of institutions that may act as Authorized Participants. In addition, to the extent that securities held by the fund are traded outside a collateralized settlement system, Authorized Participants may be required to post collateral on certain trades on an agency basis (on behalf of other market participants), which only a limited number of Authorized Participants may be able to do. If Authorized Participants exit the business or are unable to or elect not to engage in creation or redemption transactions, and no other Authorized Participant engages in such function, fund shares may trade at a premium or discount to the fund’s net asset value and/or at wider intraday bid-ask spreads and possibly face trading halts or delisting. Nondiversification — As a nondiversified fund, the fund may invest a greater percentage of its assets in fewer issuers than a diversified fund. A fund that invests in a relatively smaller number of issuers is more susceptible to risks associated with a single economic, political, geographic or regulatory occurrence than a diversified fund might be. In addition, poor performance by a single issuer could adversely affect fund performance more than if the fund were invested in a larger number of issuers. The value of the fund’s shares can be expected to fluctuate more than might be the case if the fund were more broadly diversified. Management — The investment adviser to the fund actively manages the fund’s investments. Consequently, the fund is subject to the risk that the methods and analyses, including models, tools and data, employed by the investment adviser in this process may be flawed or incorrect and may not produce the desired results. This could cause the fund to lose value or its investment results to lag relevant benchmarks or other funds with similar objectives. Asset allocation — The fund’s percentage allocation to equity securities, fixed-income ETFs and money market instruments and cash could cause the fund to underperform relative to relevant benchmarks and other funds with similar investment objectives. Fund structure — The fund invests in one or more underlying funds managed and advised by the fund’s investment adviser to achieve its allocation to debt securities. Additionally, in accordance with the Investment Company Act of 1940, as amended (the "1940 Act"), and applicable rules and regulations thereunder, the investment adviser considers only funds managed and advised by the fund’s investment adviser when selecting underlying investment options and allocations. This strategy could raise certain conflicts of interest when determining the overall asset allocation of the fund or choosing underlying investments for the fund, including the selection of funds that result in greater compensation to the adviser or funds with relatively lower historical investment results. The investment adviser has policies and procedures reasonably designed to mitigate material conflicts of interest that may arise in connection with its management of the fund. Your investment in the fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other governmental agency, entity or person. Because the fund has been in operation for less than one full calendar year, information regarding investment results is not available as of the date of this prospectus. Investment results Because the fund has been in operation for less than one full calendar year, information regarding investment results is not available as of the date of this prospectus. N-1A/A 0002135658 true The fund’s Investment Advisory and Service Agreement provides that the investment adviser will pay all operating expenses of the fund, except for the management fees, interest expenses, taxes, acquired fund fees and expenses attributable to an investment in an acquired fund that is not managed or advised by the fund's investment adviser or its affiliates, costs of holding shareholder meetings, legal fees and expenses relating to arbitration or litigation, payments under the fund’s 12b-1 plan (if any) and other non-routine or extraordinary expenses. Additionally, the fund will be responsible for its non-operating expenses, including brokerage commissions and fees and expenses associated with the fund’s securities lending program, if any. Based on estimated amounts for the current fiscal year.