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Capital Group New Geography Equity ETF
CGNG (Capital Group New Geography Equity ETF) is an active US Equity ETF by Capital. With a 0.64% MER, it provides diversified exposure through 53 holdings.
CGNG is actively managed by Capital's investment team, which selects holdings with the goal of outperforming a benchmark index.
With a 0.64% MER, its fees are in line with category averages.
As a US-listed ETF, it is typically held in an RRSP to minimize withholding tax on US dividends (Canada-US tax treaty).