American Funds New Economy R6
(RNGGX)| Symbol | Value ($) |
|---|---|
| Morningstar Rating | |
| Previous Close | 33.94 |
| Category | Large Growth |
| Net Assets | 684.47 Mil |
| Yield | 0.87% |
| Morningstar Risk | Average |
| Morningstar Return | High |
- Last NAV update 5/21/2013 4:00 PM ET
| NA |
|---|
| The investment seeks long term growth of capital; current income is a secondary consideration. The fund invests primarily in common stocks that the investment adviser believes have the potential for growth. It normally invests in securities of companies that can benefit from innovation, exploit new technologies or provide products and services that meet the demands of an evolving global economy. The fund may invest a significant portion of its assets in issuers based outside the United States, including those based in developing countries. |
| 2009 | 2010 | 2011 | 2012 | 2013 | |
|---|---|---|---|---|---|
| Return | 45.44% | 13.79% | -5.30% | 24.46% | 19.42% |
| Value ($) | 14,544.00 | 16,549.62 | 15,672.49 | 19,505.98 | 23,294.04 |
- Year to date performance as of 5/20/2013 8:00 PM ET
| Symbol | Value ($) |
|---|---|
| Fund Family | American Funds |
| Fund Manager | Timothy Armour |
| Tenure (Years) | 22 |
| Fund Status | Open |
| Minimum Initial Purchase | 0.00 |
| Minimum IRA Investment | NA |
| Front Load | 0.00 |
| Expense Ratio | 0.49% |
| Symbol | Value ($) |
|---|---|
| 1 Month | 8.75% |
| 3 Months | 12.31% |
| 1 Year | 35.84% |
| 3 Years* | 19.35% |
| 5 Years* | NA |
- * Annualized returns
- Performance as of 5/20/2013 8:00 PM ET
| RNGGX | Large Growth | |
|---|---|---|
| 5-Yr Return | NA | 4.47% |
| Sharpe Ratio | 0.86 | 0.70 |
| Net Assets | 684.47 Mil | 602.46 Mil |
| Avg Market Cap | 18.31 Bil | 38.17 Bil |
| Avg P/E | 18.58 | 17.12 |
| Portfolio Turnover | 37 | 61 |
| Symbol | Value ($) |
|---|---|
| Stocks | 89.68% |
| Cash | 6.62% |
| Fixed Income | 0.00% |
| Other | 3.71% |
| NAME | % NET ASSETS |
|---|---|
| Gilead Sciences Inc | 3.22% |
| Netflix, Inc. | 2.90% |
| Galaxy Entertainment Group Ltd. | 2.53% |
| Google, Inc. Class A | 2.20% |
| SOFTBANK Corp | 1.94% |
| Hologic Inc | 1.94% |
| Alexion Pharmaceuticals, Inc. | 1.70% |
| Samsung Electronics Co Ltd | 1.51% |
| Thermo Fisher Scientific Inc | 1.33% |
| Nielsen Holdings NV | 1.28% |
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