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American Funds The New Economy Fund® Class 529-a (CNGAX)

US Funds

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68.61 +0.14 +0.20%

13/08 - Delayed Data. Currency in USD

Type: Fund

Market: United States

Issuer: American Funds

Asset Class: Equity

Morningstar Rating:
Total Assets: 1.18B

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CNGAX Overview

Find basic information about the American Funds The New Economy Fund® Class 529-a mutual fund such as total assets, risk rating, Min. investment, market cap and category. Learn about the fund's agencies rating and risk rating, transparent information about the fund's management personal, policies of invested allocation and diversification, past performance. In addition we provide you related news, analysis tools, interactive charts and analysis articles. You may add CNGAX MF to your portfolio and watchlist to keep track with the fund's performance and users commentary.

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Rating

1-Year Change12.34%

Prev. Close68.47

Risk Rating

TTM Yield0%

ROE29.02%

IssuerAmerican Funds

Turnover36%

ROA13.26%

Inception Date37302

Total Assets1.18B

Expenses0.78%

Min. Investment250

Market Cap225.87B

CategoryWorld Large - Stock Growth

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American Funds The New Economy Fund® Class 529-a Analysis

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EU attempting to revive Iran nuclear deal with market staying pessimistic Crude prices could rebound from oversold conditions but stay off 2022 highs Both Iran, US likely...

Performance

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	YTD	3M	1Y	3Y	5Y	10Y
Growth of 1000	1122	1180	1196	1686	1707	2927
Fund Return	12.19%	17.98%	19.63%	19.02%	11.29%	11.34%
Place in category	126	41	73	59	89	51
% in Category	35	12	26	20	31	27

Top Equity Funds by American Funds

Name	Total Assets	YTD%	3Y%	10Y%
American Funds Growth Fund Amer A	167.37B	12.58	21.42	14.22
American Funds American Balanced A	118.36B	9.08	11.61	8.84
American Funds Invmt Co of Amer A	103.22B	13.02	21.44	12.90
American Funds Washington Mutual A	93.47B	10.04	15.43	12.34
American Funds Fundamental Invs A	82.95B	13.72	19.83	12.93

Top Funds for World Large-Stock Growth Category

Name	Total Assets	YTD%	3Y%	10Y%
American Funds New Perspective A	67.28B	12.88	15.62	11.63
American Funds New Perspective R6	42.14B	13.08	15.99	11.98
Old Westbury Large Cap Strategies	25.69B	9.33	14.97	8.62
American Funds New Perspective F2	21.52B	13.03	15.87	11.86
American Funds New Economy A	18.8B	12.20	19.05	11.39

Top Holdings

Name	ISIN	Weight %	Last	Change %
Broadcom	US11135F1012	6.25	311.23	+0.69%
Microsoft	US5949181045	5.52	522.56	+0.38%
NVIDIA	US67066G1040	4.19	182.02	+0.24%
Amazon.com	US0231351067	3.76	230.98	+2.86%
SK Hynix Inc	KR7000660001	3.62	276,500	-0.54%

Technical Summary

Type	Daily	Weekly	Monthly
Moving Averages	Buy	Buy	Buy
Technical Indicators	Strong Buy	Strong Buy	Strong Buy
Summary	Strong Buy	Strong Buy	Strong Buy

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