American Funds New Economy A
THE NEW ECONOMY FUND 333 South Hope Street Los Angeles, California 90071-1406
Map
Phone: 800-421-0180
| Category: | Large Growth | | Fund Family: | American Funds | | Net Assets: | 4.56B | | Year-to-Date Return: | 17.85% | | Yield: | 1.26% | | Morningstar Rating: |  | | Fund Inception Date: | 01-Dec-83 |
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Timothy D. Armour
Lead Manager since
01-Jan-91 | | | Armour is an executive vice president with Capital Research and Management Company. He has more than 23 years of investment experience, all with this company. |
| Min Initial Investment: | $250 | | Min Initial Investment, IRA: | $250 | | Min Initial Investment, AIP: | $0 | | Min Subsequent Investment: | $50 | | Min Subsequent Investment, IRA: | $50 | | Min Subsequent Investment, AIP: | $0 |
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| The investment seeks long term growth of capital; current income is a secondary consideration. The fund normally invests primarily in stocks of companies in the services and information areas of the global economy, although a portion of assets may be invested outside these areas. Companies in the services and information areas include those involved in the fields of telecommunications, computer systems and software, the Internet, broadcasting and publishing, health care, advertising, leisure, tourism, financial services, distribution and transportation. |
| Last Dividend
(26-Dec-08):
| 0.23 | | Last Cap Gain
(26-Dec-07):
| 2.36 | | Annual Holdings Turnover
| 52.00% | | Average for Category:
| 107.27% |
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| Expense | ANEFX | Category
Avg | | Total Expense Ratio: | 0.79%
| 1.34% | | Max 12b1 Fee: | 0.23%
| N/A | | Max Front End Sales Load: | 5.75%
| 5.43% | | Max Deferred Sales Load: | 0.00%
| 2.63% | | 3 Yr Expense Projection*: |
$825 | $746 | | 5 Yr Expense Projection*: |
$1,009 | $1,195 | | 10 Yr Expense Projection*: |
$1,541 | $2,352 |
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0.06% Nasdaq 0.00%
Profile
