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American Funds New Economy 529F CNGFX

Medalist Rating as of | See American Funds Investment Hub
  • NAV / 1-Day Return 48.98  /  0.10 %
  • Total Assets 27.5 Bil
  • Adj. Expense Ratio
    0.880%
  • Expense Ratio 0.880%
  • Distribution Fee Level Below Average
  • Share Class Type No Load
  • Category Global Large-Stock Growth
  • Investment Style Large Growth
  • Min. Initial Investment 250
  • Status Open
  • TTM Yield 0.08%
  • Turnover 35%

Morningstar’s Analysis CNGFX

Will CNGFX outperform in future?

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

Innovation is key on this flexible global growth option.

Senior Analyst Stephen Welch

Stephen Welch

Senior Analyst

Summary

American Funds New Economy’s robust, global resources and flexible approach merit Above Average People and Process ratings.

Rated on Published on

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Portfolio Holdings CNGFX

  • Current Portfolio Date
  • Equity Holdings 221
  • Bond Holdings 0
  • Other Holdings 9
  • % Assets in Top 10 Holdings 23.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Capital Group Central Cash Fund

5.95
1,696,051,641
Cash and Equivalents
4.90
1,396,428,716
Technology
4.71
1,341,805,584
Technology
2.39
682,706,824
Healthcare
2.10
598,526,691
Consumer Cyclical
1.84
523,416,991
Healthcare
1.62
461,049,600
Technology
1.59
453,629,816
Healthcare
1.57
447,645,801
Financial Services
1.43
407,262,731
Communication Services