• American Funds New Economy Fund

American Funds

  • US
  • Multi-Cap
  • Growth
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  • Symbol Price
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    FEKIX 12.41
    DPDEX 19.69
    DMCCX 9.39
    FEKAX 12.87
    DMCAX 128.29
    USLUX 23.63
    GVDIX 9.42
    SSGMX 8.85
    LQTVX 7.98

American Funds New Economy Fund

ANFCX

Summary

The fund seeks capital appreciation in the long term by investing in companies in the United States.

The investment process is designed to highlight companies in the benchmark index that have the potential for growth and to pay dividends.

The fund prefers a multi-manager investing approach to manage its assets. Under this approach, the portfolio of the fund is divided into segments managed by individual managers.

Then the research team focuses on attractively valued companies that represent good, long-term investment opportunities.

The team prefers companies that can benefit from innovation, exploit new technologies or More

Price

Last Close

$58.32 ( +0.31 )

52 Week HL

$58.32 - $42.78

Net Assets

$34171.8 M

Expense Ratio

1.24 %

Sector Allocation

Dec 31, 2020

Top 10 Holdings

Dec 31, 2020

Company Name

  • Netflix Inc
  • Microsoft Corporation
  • Amazon Com
  • Broadcom Inc
  • Alphabet Inc

Holding

  • 4.4
  • 3.4
  • 2.7
  • 2.5
  • 2.4

Company Name

  • Ceridian HCM
  • Facebook Inc
  • Mastercard Incorporated
  • UnitedHealth Group
  • Tencent Music
  • Total

Holding

  • 2.4
  • 2.2
  • 1.8
  • 1.7
  • 1.7
  • 25.2%

Manager

Name

Timothy D. Armour

Leadership

Single Manager

Tenure

2003

Advisor

Documents

Prospectus

Fact Sheet

Annual Reports

Website

Link

Performance

YTD

12.7 %

3 Year

68.4%

5 Year

112.08%

Best

44.09%
2009

Worst

-42.3%
2008

Returns +
Quarterly

2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Q1 0.5% -16.7% 14.5% 5.1% 10.3% -3.3% 3.3% 0.9% 10.5% 16.4% -
Q2 7.6% 25% 0.2% 5.5% 6% -2% 4.5% 2.8% 3.7% -4.1% -
Q3 4.2% 9.5% -2.9% 1.5% 8.3% 8.1% -10% -2.1% 10.3% 5.7% -
Q4 - 12.8% 1.9% -13.4% 5.2% -1% 6% 2.1% 11.7% 3% -

Returns +
Monthly

J F M A M J J A S O N D
2021 -0.7% 2.5% -1.2% 4.7% -0.6% 3.4% 0.1% 3.4% 0.7% - - -
2020 0.3% -4.9% -12.6% 11.7% 5.9% 5.7% 5.2% 5.6% -1.4% -0.9% 11% 2.6%

Returns +
Annual

    2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
    20%37%34%-3%28%6%4%11%32%13%1%

Alpha

2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
ANFCX 13%29%16%-5%33%1%3%4%42%23%-6%
Russell 3000 20%37%34%-3%28%6%4%11%32%13%1%
Alpha -8%-8%-18%-2%5%-4%-1%-7%10%10%-7%

ANFCX Russell 3000

Chart +