Description

The American Funds The New Economy Fund Class R-2E primarily seeks capital appreciation by investing in common equities. Its investment adviser identifies companies deemed to have robust growth prospects. Specifically, the fund targets firms poised to capitalize on innovation, leverage emerging technologies, or offer solutions that address the evolving demands of the global economy. A significant portion, up to 50% of its total assets, may be allocated to international issuers, encompassing those in developing nations.