Is American Funds Fundamentl Investors A (ANCFX) a Strong Mutual Fund Pick Right Now?
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 28 2024
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Source: NASDAQ.COM
Fund Overview: American Funds Fundamental Investors A (ANCFX) is a Large Cap Blend mutual fund with a Zacks Mutual Fund Rank of 2 (Buy), offering stability through investments in large companies and has garnered over $72.97 billion in assets since its inception in 1978.
Performance and Costs: ANCFX has delivered a 5-year annualized return of 14.49% and has lower fees than its peers, with an expense ratio of 0.59%. However, it exhibits higher volatility compared to its category average and has generated a negative alpha, indicating challenges in outperforming the S&P 500 benchmark.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
