American Funds New World Fund® Class A (NEWFX)

70.54
Net Asset Value
+0.66%
1 Day
+22.98%
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+0.77% 3 years+12.88%
3 months+4.75% 5 years+6.12%
1 year+20.06% Since inception+7.95%
Data through --

Peer Comparisonvs. Diversified emerging mkts

 NEWFXCategory
Performance 5-yr return+6.12%+1.66%
Expense ratio1.00%1.35%
Risk 5 year sharpe ratio0.450.16
Net assets$42.7B$1.6B
Average market cap$41.9B$34.1B
Average P/E19.914.3
Portfolio turnover36%36%

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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 stock69.17%
U.S. stock18.99%
Cash8.44%
Fixed income3.40%
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
-- 1.91%
-- 1.88%
-- 1.77%
MSFT Microsoft1.76%
BABA Alibaba Group Holding Ltd1.60%
-- 1.54%
-- 1.44%
-- 1.32%
MA MasterCard1.29%
PAGS PagSeguro Digital Ltd1.25%