American Funds New World Fund® Class A (NEWFX)

54.33
Net Asset Value
0.00%
1 Day
+1.55%
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+0.87% 3 years+6.11%
3 months-1.58% 5 years+6.23%
1 year+2.51% Since inception+8.26%
Data through --

Peer Comparisonvs. Diversified emerging mkts

 NEWFXCategory
Performance 5-yr return+6.23%+1.81%
Expense ratio1.03%1.58%
Risk 5 year sharpe ratio0.400.19
Net assets$23.0B$1.3B
Average market cap$19.5B$17.5B
Average P/E18.112.9
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 / 15 Years
Minimal initial investment$250.00
Minimum IRA investment$25.00

Holdings

International stock67.66%
Cash12.10%
Fixed income10.04%
U.S. stock9.65%
Other0.55%
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
BIDU Baidu Inc ADR1.68%
-- Hikma Pharmaceuticals PLC1.56%
-- International Container Terminal Services Inc1.25%
-- Naspers Ltd Class N1.15%
-- Novo Nordisk A/S Class B1.12%
-- Prudential PLC1.10%
-- Altice SA1.07%
CMI Cummins Inc1.02%
-- SOFTBANK Corp1.01%
-- Power Grid Corp Of India Ltd0.98%

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer.

Morningstar: © 2015 Morningstar, Inc. All Rights Reserved.

Factset: FactSet Research Systems Inc. 2015. All rights reserved.

Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved.

Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2015 and/or its affiliates.