American Funds New Economy’s robust, global resources and flexible approach merit Above Average People and Process ratings.
American Funds New Economy 529-F-2 FNEEX
- NAV / 1-Day Return 59.52 / +0.42 %
- Total Assets 33.0 Bil
-
Adj. Expense Ratio
- Expense Ratio 0.540%
- Distribution Fee Level Low
- Share Class Type No Load
- Category Global Large-Stock Growth
- Investment Style Large Growth
- Min. Initial Investment 250
- Status Open
- TTM Yield —
- Turnover 39%
USD | NAV as of May 10, 2024 | 1-Day Return as of May 10, 2024, 10:12 PM GMT+0
Morningstar’s Analysis FNEEX
Will FNEEX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 30.7
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Broadcom Inc | 6.51 | 2.2 Bil | Technology |
Microsoft Corp | 6.37 | 2.2 Bil | Technology |
Cash And Other Assets Less Liablities | 3.36 | 1.1 Bil | Cash and Equivalents |
Meta Platforms Inc Class A | 3.30 | 1.1 Bil | Communication Services |
Amazon.com Inc | 2.90 | 979.7 Mil | Consumer Cyclical |
Capital Group Central Cash Fund | 2.52 | 852.2 Mil | Cash and Equivalents |
Eli Lilly and Co | 2.21 | 746.1 Mil | Healthcare |
NVIDIA Corp | 2.06 | 695.0 Mil | Technology |
UnitedHealth Group Inc | 2.03 | 687.7 Mil | Healthcare |
Thermo Fisher Scientific Inc | 1.90 | 644.0 Mil | Healthcare |