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SEE! told you it wouldn't work!- America Funds "Green fund" is not performing well

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underpants Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-28-09 06:44 PM
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SEE! told you it wouldn't work!- America Funds "Green fund" is not performing well
This is what this particular operation bills as its "Green fund" or at least their greenest
https://www.americanfunds.com/funds/details.htm?fundGroupNumber=1&fundClassNumber=0

Washington Mutual Investors FundSM (growth-and-income fund)

Distinguishing Characteristics The fund seeks to be at least 95% invested in equity-type securities. The fund invests in stocks that meet strict standards evolving from requirements originally established by the U.S. District Court for the District of Columbia for the investment of trust funds. May not invest in companies that derive their primary revenues from alcohol or tobacco.

August 31, 2009 (most recent month-end)
1 yr 3 yrs 5 yrs 10 yrs Fund Lifetime
NAV -19.21% -6.47% -0.34% 1.60% 11.62%
With sales charge -23.86% -8.30% -1.51% 11.50%

Largest Industry Holdings

% of net assets as of June 30, 2009 (updated quarterly)
Oil, Gas & Consumable Fuels 12.4%
Pharmaceuticals 12.2%
Electric Utilities 9.6%
Aerospace & Defense 7.7%
Diversified Telecommunication Services 7.4%
Beverages 3.3%
Commercial Banks 3.3%
Chemicals 3.3%
Food Products 2.6%
Hotels, Restaurants & Leisure 2.5%

Largest Equity Holdings

Percent of net assets as of August 31, 2009 (updated monthly)
1.Chevron 4.9%
2.AT&T 3.8%
3.Royal Dutch Shell 3.6%
4.Verizon Communications 3.4%
5.Merck 3.3%
6.United Technologies - Among the world's leading producers of elevators, jet engines, helicopters, aerospace systems, security services, and heating and air conditioning systems. 2.7%
7.Coca-Cola 2.4%
8. McDonald's 2.4%
9. Boeing 2.3%
10.Abbott Laboratories - Among the leading U.S. health care products companies. Develops drugs, drug-delivery systems, diagnostic tools and nutritional supplements. 2.2%
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