American Funds New World Fund® Class A (NEWFX)

72.57
Net Asset Value
+0.68%
1 Day
+2.86%
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. 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+3.75% 3 years+13.84%
3 months+10.49% 5 years+8.24%
1 year+25.45% Since inception+8.12%
Data through --

Peer Comparisonvs. Diversified emerging mkts

 NEWFXCategory
Performance 5-yr return+8.24%+4.84%
Expense ratio1.03%1.34%
Risk 5 year sharpe ratio0.600.31
Net assets$44.4B$1.7B
Average market cap$48.3B$36.8B
Average P/E23.415.2
Portfolio turnover37%37%

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Fund Management and Purchase Info

Fund familyAmerican Funds
Fund manager & tenureRobert Lovelace / 20 Years
Minimal initial investment$250.00
Minimum IRA investment$25.00

Holdings

International stock68.51%
U.S. stock19.92%
Cash8.12%
Fixed income3.45%
Other0.00%
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
-- 2.11%
MSFT Microsoft2.02%
-- 1.85%
-- 1.79%
MA MasterCard1.44%
-- 1.40%
-- 1.39%
-- 1.26%
FB Facebook1.24%
GOOG Google1.21%