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.
American Funds The New Economy Fund® Class R-5 RNGFX
- NAV / 1-Day Return 85.87 / −4.60 %
- Total Assets 46.5B
-
Adj. Expense Ratio
0.450%
- Expense Ratio 0.460%
- Distribution Fee Level Low
- Share Class Type Retirement, Large
- 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 Jun 06, 2026 | 1-Day Return as of Jun 06, 2026, 12:11 AM GMT+0
Morningstar’s Analysis RNGFX
Will RNGFX outperform in the future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
The People Pillar is our evaluation of the RNGFX 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 RNGFX’s parent organization’s priorities and whether they’re in line with investors’ interests.
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 31.8
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
Capital Group Central Cash Fund | 7.62 | 3B | Cash and Equivalents |
Broadcom Inc | 4.99 | 2B | Technology |
Micron Technology Inc | 3.92 | 2B | Technology |
SK Hynix Inc | 3.73 | 2B | Technology |
NVIDIA Corp | 3.37 | 1B | Technology |
Taiwan Semiconductor Manufacturing Co Ltd | 2.89 | 1B | Technology |
Taiwan Semiconductor Manufacturing Co Ltd ADR | 2.74 | 1B | Technology |
Alphabet Inc Class A | 2.70 | 1B | Communication Services |
Amazon.com Inc | 2.66 | 1B | Consumer Cyclical |
Microsoft Corp | 2.62 | 1B | Technology |
United States