RNGAX – Fund Analysis – American Funds New Economy R1 | Morningstar

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Will RNGAX outperform in future?

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

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Process Pillar

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

The People Pillar is our evaluation of the RNGAX 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 RNGAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Solid leadership with strong support.

Senior Analyst Stephen Welch

Stephen Welch

Senior Analyst

Summary

American Funds New Economy’s flexibility and strong global resources make it a worthy option.

by Stephen Welch

Rated on Jul 10, 2024 Published on Jul 10, 2024

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