Morningstar

American Funds The New Economy Fund® Class 529-E CNGEX

Morningstar Medalist Rating
Medalist Rating as of | See Capital Group Investment Hub
  • NAV / 1-Day Return 82.56  /  +1.16 %
  • Total Assets 51.4B
  • Adj. Expense Ratio
    1.000%
  • Expense Ratio 1.010%
  • Distribution Fee Level Low
  • Share Class Type Level Load
  • Category Global Large-Stock Growth
  • Investment Style Large Growth
  • Min. Initial Investment 250
  • Status Open
  • TTM Yield 0.00
  • Turnover 36%

USD | NAV as of Jul 10, 2026 | 1-Day Return as of Jul 10, 2026, 12:11 AM GMT+0

Morningstar’s Analysis CNGEX

Will CNGEX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable CNGEX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the CNGEX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of CNGEX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Built to capture the evolving economy.

Senior Analyst Stephen Welch

Stephen Welch

Senior Analyst

Summary

American Funds New Economy (which includes the Capital Group-branded Luxembourg and Japan vehicles) benefits from a seasoned management team, deep analyst support, and a distinctive, innovation-focused approach.

by Stephen Welch
Rated on Published on

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Portfolio Holdings CNGEX

More CNGEX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 31.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
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