American Funds New World Fund® Class A (NEWFX)

66.57
Net Asset Value
-0.51%
1 Day
-0.52%
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-0.25% 3 years+6.37%
3 months-6.46% 5 years+5.81%
1 year+15.87% Since inception+8.33%
Data through --

Peer Comparisonvs. Diversified emerging mkts

 NEWFXCategory
Performance 5-yr return+5.81%+4.45%
Expense ratio1.04%1.41%
Risk 5 year sharpe ratio0.590.35
Net assets$36.8B$1.7B
Average market cap$32.1B$28.4B
Average P/E17.815.2
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 stock75.71%
U.S. stock11.64%
Cash7.36%
Fixed income5.01%
Other0.28%
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
-- 1.81%
-- 1.67%
-- 1.64%
-- 1.59%
-- 1.59%
GGAL Grupo Financiero Galicia SA1.33%
-- 1.29%
-- 1.15%
GOOG Google1.14%
-- 1.14%