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American Funds New Economy A

ANEFX
37.09
-0.18
-0.48%
9/23/2016
5 Years
  • Previous Close

    37.27

  • Net Assets

    10.09B

  • Yield

    0.40%

  • Front load

    5.75

  • Expenses

    0.78%

  • Category

    Large Growth

  • Morningstar Risk

    Average

  • Morningstar Rating ★★★
Profile

Name of Issuer

American Funds

Fund Style

Open

Fund Manager

Harold La

Investment Style

Large Growth

The investment seeks long term growth of capital; current income is a secondary consideration. The fund invests primarily in common stocks that the investment adviser believes have the potential for growth. It normally invests in securities of companies that can benefit from innovation, exploit new technologies or provide products and services that meet the demands of an evolving global economy. The fund may invest a significant portion of its assets in issuers based outside the United States, including those based in developing countries.

Purchase Information

Initial Purchase 250
Initial Purchase: IRA 25
Initial Purchase: AIP 50

Inception

12/1/1983

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