The New Economy Fund, Class 529-F-1 Shares (CNGFX)

The New Economy Fund (CNGFX) is a mutual fund that focuses on investing in companies that are at the forefront of the new economy. This includes businesses that are innovative, disruptive, and have the potential for significant growth in the future. The fund is classified as Class 529-F-1 Shs, which indicates that it is a share class specifically designed for 529 college savings plans. This fund offers investors the opportunity to participate in the growth of the new economy while also providing potential tax benefits for college savings.