American Funds New World Fund® Class A (NEWFX)

68.67
Net Asset Value
-0.33%
1 Day
+19.72%
Year-to-Date
Overall Morningstar Rating
Diversified emerging mkts
Style or Category
5.75
Sales Expenses
1.00%
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+3.14% 3 years+11.20%
3 months+3.00% 5 years+4.53%
1 year+6.96% Since inception+7.91%
Data through --

Peer Comparisonvs. Diversified emerging mkts

 NEWFXCategory
Performance 5-yr return+4.53%+1.71%
Expense ratio1.00%1.36%
Risk 5 year sharpe ratio0.320.12
Net assets$40.5B$1.6B
Average market cap$41.6B$33.1B
Average P/E19.213.5
Portfolio turnover37%37%

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 / 20 Years
Minimal initial investment$250.00
Minimum IRA investment$25.00

Holdings

International stock71.15%
U.S. stock17.55%
Cash7.36%
Fixed income3.89%
Other0.05%
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
-- 1.78%
-- 1.73%
-- 1.66%
-- 1.56%
-- 1.53%
-- 1.53%
MSFT Microsoft1.49%
-- 1.45%
MA MasterCard1.31%
GOOG Google1.15%