American Funds New Economy A

Frequently Asked Questions About ANEFX

What does ANEFX invest in?

This fund primarily invests in the common stocks of companies that its investment adviser believes possess strong potential for future growth. The investment strategy focuses on businesses positioned to thrive through pioneering innovation, by leveraging new technologies, or by offering goods and services that address the shifting demands of a dynamic global marketplace. Up to half of the fund's total assets may be allocated to international markets, including those in developing nations.

What is the expense ratio of ANEFX?

American Funds New Economy A (ANEFX) charges an expense ratio of 0.72%. This is the annual fee deducted from fund assets to cover management and operations.

How big is ANEFX?

American Funds New Economy A (ANEFX) manages $48.72B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is ANEFX actively managed or an index fund?

ANEFX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was ANEFX launched?

American Funds New Economy A (ANEFX) launched in November 1983 and is managed by Capital Group.

How has ANEFX performed?

ANEFX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.