New Economy is trading at 50.94 as of the 19th of March 2025; that is 1.45% up since the beginning of the trading day. The fund's open price was 50.21. New Economy has about a 23 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 19th of December 2024 and ending today, the 19th of March 2025. Click here to learn more.
The fund invests primarily in common stocks that the investment adviser believes have the potential for growth. American Funds is traded on NASDAQ Exchange in the United States. More on New Economy Fund
New Economy Fund [RNGAX] is traded in USA and was established 19th of March 2025. New Economy is listed under American Funds category by Fama And French industry classification. The fund is listed under World Large-Stock Growth category and is part of American Funds family. This fund at this time has accumulated 21.62 B in assets with no minimum investment requirementsNew Economy Fund is currently producing year-to-date (YTD) return of 1.15%, while the total return for the last 3 years was 11.09%.
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New Economy financial ratios help investors to determine whether New Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in New with respect to the benefits of owning New Economy security.