American Funds - The New Economy Fund Class R-2 Shares (RNGBX)

The American Funds - The New Economy Fund Class R-2 Shares (RNGBX) is a mutual fund that focuses on investing in companies that are at the forefront of the new economy. This includes businesses in technology, healthcare, and other innovative industries. The fund aims to provide long-term growth and capital appreciation for its investors. With a Class R-2 share class, this fund is designed for retirement accounts and has a lower expense ratio compared to other share classes. Investors in this fund can expect a diversified portfolio of high-growth companies with potential for strong returns.