American Funds The New Economy Fund®
Shareclass
American Funds New Economy F2 (NEFFX)
Type
Open-end mutual fund
Manager
Equity & Justice
Exclusions
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EQUITY & JUSTICE RATINGS
Gender Equality
Diversity Disclosures
Racial Justice
LGBTQ+ Equity
GENDER EQUALITY
Fund American Funds The New Economy Fund®
FUND COVERAGE
# of holdings178
% of assets82%
Gender equality ratings are calculated using data from the Equileap Gender Equality Scorecard from Equileap.
Sub-scores & KPIs
Gender Equality: Gender Balance in Leadership and Workforce
24 / 40
Gender Equality: Equal Compensation and Work Life Balance
8 / 30
Gender Equality: Policies Promoting Gender Equality
18 / 20
Gender Equality: Commitment, Transparency, and Accountability
1 / 10
Fund Holdings: Gender Equality
Highest scoring holdings
Top 10 holdings by Gender Equality score
- 1. Novo Nordisk AS Class B0.3%$125.4M
- 2. Boston Scientific Corp0.19%$81.02M
- 3. BAE Systems PLC0.34%$140.11M
- 4. Mastercard Inc Class A0.91%$379.33M
- 5. Philip Morris International Inc0.52%$216.78M
- 6. Hermes International SA0.15%$61.14M
- 7. Hilton Worldwide Holdings Inc0.08%$31.57M
- 8. Compagnie Financiere Richemont SA Class A0.26%$107.03M
- 9. Sage Group (The) PLC0.41%$172.93M
- 10. JPMorgan Chase & Co0.16%$65.44M
Lowest scoring holdings
Bottom 10 holdings by Gender Equality score
- 1. Shopify Inc Registered Shs -A- Subord Vtg1.04%$434.54M
- 2. FTAI Aviation Ltd0.11%$46.08M
- 3. Viper Energy Inc Ordinary Shares - Class A0.3%$124.6M
- 4. Constellation Software Inc0.2%$82.28M
- 5. Carvana Co Class A0.57%$236.32M
- 6. BridgeBio Pharma Inc0.13%$53.72M
- 7. ADMA Biologics Inc0.02%$10.11M
- 8. Roblox Corp Ordinary Shares - Class A0.42%$173.52M
- 9. MARA Holdings Inc0.12%$50.12M
- 10. Strategy Class A0.23%$94.92M
Fund manager statement
We invite fund managers to take our survey and provide more information on how they integrate principles of justice and equity in their investment strategy.
Manager surveyEXCLUSION RATINGS
Prisons & Borders
Military Weapons
PRISONS & BORDERS
Fund American Funds The New Economy Fund®
Totals
Holdings
Assets
Weight
Prisons
6
$5.19B
12%
Prisons high risk
1
$183.77M
0.44%
Private prisons
0
$0
0%
Borders
10
$6.38B
15%
Borders high risk
3
$840.27M
2.01%
Total
11
$6.48B
16%
Holdings — 11 flagged holdings
1.
Microsoft Corp
:$2.29B
5.48%
2.
Amazon.com Inc
:$1.43B
3.43%
3.
Alphabet Inc Class A
:$594.79M
1.42%
4.
Alphabet Inc Class C
:$594.05M
1.42%
5.
Airbus SE
:$573.57M
1.37%
6.
Salesforce Inc
:$316.96M
0.76%
7.
Motorola Solutions Inc
:$183.77M
0.44%
8.
NEC Corp
:$179.46M
0.43%
9.
Thermo Fisher Scientific Inc
:$138.13M
0.33%
10.
Berkshire Hathaway Inc Class B
$96.23M
0.23%
Sustainability report card
As You Sow’s Invest Your Values report card grades mutual funds on environmental and social issues, including climate change, gender equality, and weapon investments. Click through to get more details on each issue.
American Funds The New Economy Fund® NEFFX
Environment
Social
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