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American Funds New Economy Fund;A

Ranked 112 out of 1847 in - US over 12 months
All calculations are in USD unless stated

Managed by

Timothy D. Armour

Mark Denning

Mark E. Denning is an equity portfolio manager at Capital Group. He has over thirty years of investment experience, all with Capital Group. Earlier in his career at Capital, Denning had equity investment analyst responsibilities for companies based in Southeast Asia. He holds an MBA in finance and international business from Columbia Business School and a bachelor’s degree in economics from the London School of Economics. He is based in Los Angeles.

Claudia P. Huntington

Harold La

Objective

The Fund seeks long-term growth of capital. Current income is a secondary consideration. The Fund seeks to achieve its objectives by investing 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.

Showing fund performance globally. You can view performance in individual jurisdictions.

Performance

US over : 31/07/2016 - 31/07/2017
  • Rank 112/1847 Total Return
  • Rank 667/1847 Standard Deviation
  • Rank 708/1847 Max Drawdown

Total Return

Quarterly Performance

to 30/06/2017 Annual Q1 Q2 Q3 Q4
2017 10.5% 6.3%
2016 2.2% -3.1% -1.8% 8.3% -0.8%
2015 3.8% 3.6% 4.7% -9.9% 6.2%
2014 4.6% 1.1% 3.1% -1.9% 2.3%
2013 43.4% 10.8% 3.5% 11.7% 11.9%
2012 24.0% 16.7% -3.3% 6.3% 3.4%
2011 -5.7% 4.7% 1.6% -17.0% 6.9%
2010 13.4% 3.8% -12.0% 14.5% 8.4%
2009 45.2% -3.3% 23.2% 17.4% 3.8%
2008 -41.9% -13.0% -2.9% -12.0% -21.7%
2007 11.4% 1.9% 6.6% 5.5% -2.8%
2006 14.7% 4.3% -3.6% 4.8% 8.9%
2005 12.2% -4.6% 3.7% 5.3% 7.7%
2004 12.5% 3.8% -0.3% -3.5% 12.5%
2003 38.7% -4.5% 22.8% 5.3% 12.3%
2002 -26.0% -1.2% -15.2% -19.2% 9.4%
2001 -17.3% -13.1% 8.2% -25.2% 17.6%
2000 -16.2% 8.2% -8.2% -5.2% -11.0%
1999 45.9% 3.3% 12.5% -1.2% 27.2%
1998 28.8% 16.1% 1.9% -10.8% 22.1%
1997 28.9% -1.6% 15.2% 9.5% 3.8%
1996 12.9% 6.2% 2.7% 0.7% 2.8%
1995 4.3%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. United States

Fund Info

  • Launch date01/12/1983
  • Share Class size11,088Mn
  • Base currencyUSD
  • ISIN US6438221094

Purchase Info

  • Min. initial investment250
  • Min. regular additional investment50

Charges

  • Annual management0.39%
  • Initial investment0

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).