American Funds The New Economy Fund� Class F-1

 (MUTF:ANFFX)   Watch this mutual fund  
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Performance

Trailing returns

1 day
   
-1.32%  
1 week
   
-5.28%  
4 week
   
-8.45%  
3 month
   
-15.93%  
YTD
   
-14.90%  
1 year
   
-12.88%  
3 years*   +7.27%
   
5 years*   +8.13%
   
*annualized
Best 3 month return+33.00%  
Worst 3 month return-32.84%  

Morningstar statistics

Morningstar category: Large Growth
  Return Risk Rating
3 years Average Average
5 years Average Average
10 years Above Average Average
Overall Above Average Average
Morningstar style  Learn more
      Large
      Mid
      Small
Value Blend Growth  

Key statistics

Total assets14.05B 
Front load-  
Deferred load-  
Expense ratio0.83%  
Management fee-  
Fund familyAmerican Funds 

Asset allocation

Cash6.46%  
Stocks88.38%  
Bonds0.00%  
Preferred0.30%  
Other4.87%  

Purchase information

Initial$250  
Additional$50  
IRA Initial$250  
AIP Initial$250  
30.66-0.41(-1.32%)
Feb 11, 4:00PM EST Overall Morningstar RatingTM

Description

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.
Fund filings (PDF) »
Asset managers:
Harold La (Started: Feb 1, 2006)
Timothy Armour (Started: Jan 1, 1991)
Claudia Huntington (Started: Jan 1, 1995)
Mark Denning (Started: Feb 1, 2002)
Advisor Company:
Capital Research and Management Company
Fund family reports on Morningstar »
American Funds, 333 South Hope Street, Los Angeles, California 90071-1406, USA

Risk

  1 year 3 years 5 years 10 years  
Alpha* -4.96 -0.75 -0.92 0.38
Beta* 1.01 0.98 1.04 1.05
Mean annual return -0.39 0.86 0.89 0.68
R-squared* 82.14 75.65 83.55 89.38
Standard deviation 15.86 12.31 13.67 16.76
Sharpe ratio -0.30 0.84 0.77 0.42
* Against standard index

Top 10 holdings

Security Net Assets  
Netflix Inc (NFLX) 3.52%  
Alexion Pharmaceuticals Inc (ALXN) 3.04%  
Alphabet Inc Class C Capital Stock (GOOG) 2.42%  
Thermo Fisher Scientific Inc (TMO) 2.41%  
Hologic Inc (HOLX) 1.86%  
Amgen Inc (AMGN) 1.70%  
Skyworks Solutions Inc (SWKS) 1.67%  
Baidu Inc ADR (BIDU) 1.63%  
Biomarin Pharmaceutical Inc (BMRN) 1.56%  
Alphabet Inc Class A (GOOGL) 1.53%