American Funds Growth Fund of Amer A
The top holdings of the Growth Fund of America (AGTHX) as of January 7, 2016, were Alexion Pharmaceuticals, Costco, EOG Resources, and Precision Castparts.
For the month ended January 7, 2016, The Growth Fund of America (AGTHX) fell by 6.9%. Its benchmark, the S&P 500, fell by 6.1% during the same period.
The Growth Fund of America managed $147.12 billion in assets as of November 2015. As of the end of September 2015, 82% of the fund’s assets were invested in companies from the US.
The fall in net exports has been exacerbated by a strong dollar, which has depressed exports, and rising consumer demand, which has fueled imports.
The September 2015 minutes had several good things to say about the labor market metrics and economic growth. However, the Fed was concerned about inflation.
AGTHX returned -5.4% for the one-month period ended August 31, 2015. For the three-month period ended August, the fund fell 4.75%.