Capital Group New Economy Fund (LUX) Z
ISIN LU2050927909 / Valor 49476567
Capital Group New Economy Fund (LUX) Z
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General Objective
The fund aims for long-term growth of capital by investing in companies that can benefit from innovation, exploit new technologies, or provide products and services that meet the demands of an evolving global economy.
Fund Exposure
The fund primarily invests in common stocks with growth potential and the potential to pay dividends. It may also invest in issuers based outside the United States, including developing countries. Additionally, the fund may invest in non-convertible debt securities on an ancillary basis.
Risks
Investors should be aware that this fund is actively managed and not managed in reference to a benchmark. The fund also integrates Sustainability Risks into its investment decision-making process and aims to manage a carbon footprint at least 30% lower than the Fund's selected index level. Additionally, ESG and norms-based screening are applied to implement a negative screening policy for the fund's investments in corporate issuers.
Source
https://www.capitalgroup.com/intermediaries/hk/en/investments/cgnelu.html
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