Capital Group New Economy Fund (LUX) ZL
ISIN LU2387074714 / Valor 52658633
Capital Group New Economy Fund (LUX) ZL
UMushroom community rating:
General Objective
The general objective of this fund is to achieve long-term growth of capital by investing in securities of 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
This fund is primarily exposed to global equities, with a focus on common stocks that have the potential for growth and dividends. It may also invest in non-convertible debt securities and issuers based outside the United States, including developing countries. The fund integrates sustainability risks, aims to manage a lower carbon footprint, and applies ESG and norms-based screening to its investments.
Risks
The fund is classified as a medium risk product, with a risk indicator of 4 out of 7. Investors should be aware of currency risk if selecting a foreign currency share class. Additionally, investments in the fund are subject to general investment risks such as market, counterparty, and liquidity risks, as detailed in the prospectus.
Source
https://www.capitalgroup.com/intermediaries/sg/en/investments/fund-centre.CGNELU.html
Ratings & reviews
OTHER SHARE CLASSES OF THIS FUND
