KKR, Capital Group To Expand Exclusive Strategic Partnership, Launch 2 Public-Private Investment Solutions

The two new interval funds employ a thoughtful and deliberate approach, designed from the ground up to deliver blended public-private markets exposure with a risk, return and liquidity profile driven by input from financial advisors and a focus on investor needs and outcomes. Defining features include:

• Public credit and private credit exposures combined into a single, holistic solution: over time, and subject to market conditions, each fund will seek to allocate approximately 60% of net assets to public fixed income and 40% to private credit consisting of direct lending and asset-based finance investments.
• Improved liquidity relative to standalone alternatives: quarterly repurchase offers up to 10% of the fund's outstanding shares at net asset value (NAV). Most interval funds offer 5% quarterly liquidity1.
• Highly competitive total expense ratios2:
  • Capital Group KKR Core Plus+ at 84 basis points
  • Capital Group KKR Multi-Sector+ at 89 basis points
• Low investment minimum of $1,000 for all share classes.