Capital Group has partnered with providers of passive index funds through its suite of twelve new model portfolios.

The suite of active-passive models will pair actively managed American Funds mutual funds with passive exchange-traded funds (ETFs) from Schwab, Vanguard, and BlackRock. The new set of model portfolios will join an existing lineup of 19 models made up exclusively of American Funds strategies, according to InvestmentNews. 

Kris Spazafumo, head of portfolio solutions at Capital Group, shared that many advisors combine active and passive strategies into their client's portfolios.  The active-passive models will comprise a mixture of at least twelve ETFs, with approximately 70 percent of the allocation going toward American Funds mutual funds. 

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