American Funds New Economy Fund Cl F-1 Shs

Frequently Asked Questions About ANFFX

What does ANFFX invest in?

This fund's primary objective is to achieve substantial long-term growth for its capital. It principally invests in common shares of companies that the investment adviser identifies as having strong potential for appreciation. The portfolio targets enterprises poised to capitalize on cutting-edge innovation, leverage novel technologies, or offer goods and services that address the evolving demands of a dynamic global marketplace. Up to half its holdings may be allocated to non-U.S. companies, including those based in developing nations.

What is the expense ratio of ANFFX?

American Funds New Economy Fund Cl F-1 Shs (ANFFX) charges an expense ratio of 0.78%. This is the annual fee deducted from fund assets to cover management and operations.

How big is ANFFX?

American Funds New Economy Fund Cl F-1 Shs (ANFFX) 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 ANFFX actively managed or an index fund?

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

When was ANFFX launched?

American Funds New Economy Fund Cl F-1 Shs (ANFFX) launched in November 1983 and is managed by Capital Group.

How has ANFFX performed?

ANFFX'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.