| Investment Objective: |
Capital Group High Yield Bond ETF invests in higher yielding and generally lower quality bonds and other debt securities (rated Ba1 / BB+ or below by Nationally Recognized Statistical Rating Organizations or unrated but determined by the fund's investment adviser to be of equivalent quality), including corporate loan obligations. Such securities are sometimes referred to as "junk bonds." The fund may also invest a portion of its assets in securities tied economically to countries outside the United States. The fund may also invest in futures contracts and swaps, which are types of derivatives. The fund may invest in debt securities of any maturity or duration. |