American Funds New World Fund® Class A (NEWFX)

53.60
Net Asset Value
+0.51%
1 Day
+0.19%
Year-to-Date
Overall Morningstar Rating
Diversified emerging mkts
Style or Category
5.75
Sales Expenses
1.03%
Expense Ratio
Low
Morningstar Risk Rating™
Investment Objective The investment seeks long-term capital appreciation. The fund invests primarily in common stocks of companies with significant exposure to countries with developing economies and/or markets. It normally invests at least 35% of its assets in equity and debt securities of issuers primarily based in qualified countries that have developing economies and/or markets. The fund may also invest in equity securities of any company, regardless of where it is based, if the fund's investment adviser determines that a significant portion of the company's assets or revenues (generally 20% or more) is attributable to developing countries.

Performance

1 month-4.03% 3 years+5.57%
3 months-6.31% 5 years+4.43%
1 year-8.33% Since inception+8.17%
Data through --

Peer Comparisonvs. Diversified emerging mkts

 NEWFXCategory
Performance 5-yr return+4.43%+3.45%
Expense ratio1.03%1.57%
Risk 5 year sharpe ratio0.510.28
Net assets$23.9B$1.3B
Average market cap$21.4B$18.6B
Average P/E18.413.5
Portfolio turnover32%32%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

Fund Management and Purchase Info

Fund familyAmerican Funds
Fund manager & tenureMark Denning / 16 Years
Minimal initial investment$250.00
Minimum IRA investment$25.00

Holdings

International stock70.62%
Fixed income13.89%
U.S. stock10.84%
Cash4.63%
Other0.02%
Top 5 Sectors
Portfolio weighting
Financial service 18.37%
Industrial materials 18.15%
Consumer goods 17.33%
Telecommunication 13.76%
Healthcare 9.57%
Top 10 Holdings
Portfolio weighting
-- 1.95%
-- 1.83%
BIDU Baidu1.47%
-- 1.38%
-- 1.29%
-- 1.21%
-- 1.20%
-- 1.19%
-- 1.17%
-- 1.04%

To view my watchlist

Not a member yet?

Sign up now for a free account