American Funds New World Fund® Class A (NEWFX)

61.65
Net Asset Value
-0.76%
1 Day
-12.62%
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+5.67% 3 years+3.72%
3 months-12.83% 5 years+3.53%
1 year-0.19% Since inception+7.17%
Data through --

Peer Comparisonvs. Diversified emerging mkts

 NEWFXCategory
Performance 5-yr return+3.53%-1.35%
Expense ratio1.03%1.32%
Risk 5 year sharpe ratio0.22-0.02
Net assets$37.7B$1.4B
Average market cap$40.1B$38.9B
Average P/E18.814.6
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 stock67.02%
U.S. stock20.87%
Cash8.31%
Fixed income3.81%
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
MSFT Microsoft2.60%
-- 1.97%
-- 1.76%
-- 1.48%
-- 1.47%
-- 1.45%
MA MasterCard1.36%
FB Facebook1.34%
GOOG Google1.27%
MELI Mercadolibre Inc1.14%