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American Funds The New Economy Fund® Class R-6 (RNGGX)

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58.53 +0.80    +1.39%
03/05 - Closed. Currency in USD ( Disclaimer )
Type:  Fund
Market:  United States
Asset Class:  Equity
  • Morningstar Rating:
  • Total Assets: 9.73B
American Funds New Economy R6 58.53 +0.80 +1.39%

RNGGX Overview

 
On this page you'll find an in-depth profile of American Funds The New Economy Fund® Class R-6. Learn about the key management, total assets, investment strategy and contact information of RNGGX among other information.
Category

World Large-Stock Growth

Total Assets

9.73B

Expenses

0.41%

Inception Date

39934

Contact Information

Address 333 South Hope Street
Los Angeles,CA 90071-1406
United States
Phone (800) 421-4225

Top Executives

Name Title Since Until
Paul R. Benjamin - 2023 Now
Biography Paul Benjamin is an equity portfolio manager at Capital Group. He has 18 years of investment industry experience, all with Capital Group. Earlier in his career at Capital, he was an equity investment analyst, covering U.S. large-cap software companies. Prior to joining Capital, he managed the European operations for Interelate, a technology start-up funded by Goldman Sachs. He holds an MBA from Stanford Graduate School of Business and a bachelor's degree in finance and religion from Northwestern College graduating magna cum laude. Paul is based in Los Angeles.
Lara Pellini - 2021 Now
Biography Lara Pellini is an equity portfolio manager at Capital Group. She has 20 years of investment experience, all with Capital Group. Earlier in her career at Capital she was an equity investment analyst, covering European, Eurasian and Latin American retail and luxury goods. Lara began her career at Capital as a participant in The Associates Program, a two-year series of work assignments in various areas of the organization. Prior to joining Capital, she was a research fellow for the International Labor Organisation in Geneva, and a research assistant to the economics chair of the IULM University in Milan. She holds a master’s degree in economics of labor and industrial relations from the London School of Economics and a laurea in public relations and economics of information from the IULM University, Milan. Lara is based in London.
Tomoko Fortune - 2019 Now
Biography Tomoko Fortune is an equity portfolio manager at Capital Group. She has 27 years of investment industry experience and has been with Capital Group for three years. Prior to joining Capital, Tomoko worked as a managing partner at Criterion Capital Management. Before that, she was an associate at Goldman Sachs & Co. She holds an MBA from Stanford Graduate School of Business and a bachelor's degree in economics from Dartmouth College. Tomoko is based in San Francisco.
Mathews Cherian - 2018 Now
Biography Mathews Cherian is an equity portfolio manager at Capital Group. He has 27 years of investment industry experience and has been with Capital Group for 20 years. Earlier in his career at Capital, as an equity investment analyst, he covered U.S. and European semiconductor companies. Prior to joining Capital, Mathews was a senior equity analyst for Pangaea Capital in Boston. Before that, he was an equity analyst with David L. Babson and a strategy consultant with the Boston Consulting Group. He holds an MBA from Harvard Business School, and both a master’s degree in computer science and a bachelor’s degree in electrical science and engineering from Massachusetts Institute of Technology. Mathews is based in San Francisco.
Richmond Wolf - 2018 Now
Biography Richmond Wolf is an equity portfolio manager at Capital Group. As an equity investment analyst he covers U.S. medical technology companies. He has 26 years of investment experience and has been with Capital Group for 17 years. Prior to joining Capital, he was the assistant vice president for technology transfer at the California Institute of Technology and a cofounder of WebEventBroadcasting and Xen Golf. He holds a PhD from the California Institute of Technology, and a bachelor’s degree from Princeton University graduating cum laude. Richmond is based in Los Angeles.
Reed Lowenstein - 2018 Now
Biography Reed Lowenstein is a portfolio manager at Capital Group. He has 24 years of investment experience, all with Capital Group. Earlier in his career at Capital, he was an equity investment analyst with research responsibility for U.S. and European materials, electrical equipment, consumer durables & apparel, as well as European semiconductors, machinery and renewable energy companies. He holds a master’s degree from Stanford Graduate School of Business and a bachelor’s degree in drama from Tufts University, graduating magna cum laude and Phi Beta Kappa. Reed is based in New York.
Caroline Jones Equity Portfolio Manager 2017 Now
Biography Caroline Jones is an equity portfolio manager at Capital Group. As an equity investment analyst she covers health care services, retail drug companies and homebuilding in the U.S. She has 24 years of investment experience and has been with Capital Group for 19 years. Earlier in her career at Capital, she also covered U.S. regional banks and small- and mid-cap diversified banks. Before joining Capital, she was a financial analyst at Goldman Sachs & Co. She holds an MBA from the Wharton School of the University of Pennsylvania where she graduated as a Palmer scholar, and a bachelor’s degree in commerce from the University of New South Wales in Australia. Caroline is based in San Francisco.
Harold H. La Senior Vice President 2006 Now
Biography Harold H. La is an equity portfolio manager at Capital Group. He has 25 years of investment experience and has been with Capital Group for 24 years. Earlier in his career, as an equity investment analyst at Capital, Harold covered Indian IT services, Asian semiconductors, Korean small-cap companies, Asian banks and diversified financials. Prior to joining Capital, Harold was an auditor at KPMG. He holds an MBA from Kellogg School of Management at Northwestern University and a bachelor's degree from the University of Western Ontario. He also holds the Chartered Financial Analyst® designation. Harold is based in Hong Kong.
Timothy D. Armour Senior Vice President 1991 2024
Biography Timothy D. Armour is chair and chief executive officer of Capital Group and serves on the Capital Group Management Committee. He is also an equity portfolio manager. Tim has 40 years of investment experience, all with Capital Group. Earlier in his career, as an equity investment analyst at Capital, he covered global telecommunications and U.S. service companies. Tim began his career at Capital as a participant in The Associates Program. He holds a bachelor’s degree in economics from Middlebury College. Tim is based in Los Angeles.
Claudia P. Huntington Portfolio Manager 1995 2020
Biography Claudia P. Huntington is an equity portfolio manager at Capital Group. She has 46 years of investment experience, all with Capital Group. Earlier in her career, as an equity investment analyst at Capital she covered technology companies and was a regional generalist covering companies in the southwest; she was also an economist. Prior to joining Capital, Claudia worked as an assistant economist for American Express Investment Management Company in San Francisco. She holds an MBA from Harvard Business School and a bachelors degree in economics from Stanford University.
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