About ANFCX
American Funds The New Economy Fund Class C is a globally diversified mutual fund focused on achieving long-term capital growth. Managed by Capital Research and Management Company, the fund invests primarily in common stocks of companies that demonstrate potential for growth, particularly those poised to benefit from innovation, technological advancements, and evolving business models. The fund maintains a significant allocation to U.S. equities—about 72.6%—while also investing in non-U.S. equities, providing exposure to both developed and emerging markets. Key sectors include information technology, health care, consumer discretionary, financials, and industrials, with technology representing the largest segment of the portfolio. Since its inception in 1983, the fund has aimed to capture opportunities arising from major shifts in the global economy, making it suitable as a core holding for investors seeking broad exposure to industries shaping the future. The New Economy Fund Class C is characterized by active management, global reach, and a focus on companies leading innovation and growth.
Fund Family Capital Group
Category World Large-Stock Growth
Performance Rating Above Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol ANFCX
Share Class Class C
Index MSCI AC World NR USD
ANFCX had a total return of 44.97% in the past year, including dividends.
Since the fund's inception, the average annual return has been 9.69%.
