American Funds New World Fund® Class A (NEWFX)

68.68
Net Asset Value
+0.10%
1 Day
+2.63%
Year-to-Date
Overall Morningstar Rating
Diversified emerging mkts
Style or Category
5.75
Sales Expenses
1.04%
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. Under normal market conditions- the fund will invest 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.

Performance

1 month-2.88% 3 years+8.61%
3 months+2.90% 5 years+6.78%
1 year+25.61% Since inception+8.67%
Data through --

Peer Comparisonvs. Diversified emerging mkts

 NEWFXCategory
Performance 5-yr return+6.78%+4.09%
Expense ratio1.04%1.42%
Risk 5 year sharpe ratio0.680.41
Net assets$37.8B$1.8B
Average market cap$32.8B$33.8B
Average P/E20.715.9
Portfolio turnover37%37%

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Fund Management and Purchase Info

Fund familyAmerican Funds
Fund manager & tenureMark Denning / 18 Years
Minimal initial investment$250.00
Minimum IRA investment$25.00

Holdings

International stock74.68%
U.S. stock12.79%
Cash6.97%
Fixed income5.22%
Other0.34%
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
-- 2.07%
-- 2.03%
-- 1.72%
-- 1.57%
-- 1.57%
GOOG Google1.50%
-- 1.35%
GGAL Grupo Financiero Galicia SA1.33%
BABA Alibaba Group Holding Ltd1.22%
-- 1.06%