American Funds New World Fund Class A (NEWFX)

58.46
Net Asset Value
-0.17%
1 Day
-0.49%
Year-to-Date
Overall Morningstar Rating
Diversified emerging mkts
Style or Category
5.75
Sales Expenses
1.06%
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. It normally invests at least 35% of assets in equity and debt securities of issuers primarily based in qualified countries that have developing economies and/or markets. The fund may also invest in equity securities of any company, regardless of where it is based, if the fund's investment adviser determines that a significant portion of the company's assets or revenues (generally 20% or more) is attributable to developing countries.

Performance

1 month+1.79% 3 years+3.19%
3 months-0.19% 5 years+13.78%
1 year+9.48% Since inception+9.01%
Data through --

Peer Comparisonvs. Diversified emerging mkts

 NEWFXCategory
Performance 5-yr return+13.78%+14.32%
Expense ratio1.06%1.60%
Risk 5 year sharpe ratio0.950.74
Net assets$23.8B$1.4B
Average market cap$19.6B$19.2B
Average P/E17.311.6
Portfolio turnover36%36%

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 / 14 Years
Minimal initial investment$250.00
Minimum IRA investment$250.00

Holdings

International stock69.63%
Fixed income16.41%
U.S. stock7.92%
Cash5.77%
Other0.27%
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
BIDU Baidu, Inc. ADR2.06%
-- SOFTBANK Corp1.57%
-- ENN Energy Holdings Ltd.1.55%
-- Mail.ru Group Ltd GDR1.42%
-- Samsung Electronics Co Ltd1.30%
-- International Container Terminal Services, Inc.1.13%
-- Hikma Pharmaceuticals PLC1.09%
-- Naspers Ltd1.02%
GOOGL Google, Inc. Class A1.00%
-- Novo Nordisk A/S1.00%

To view my watchlist

Not a member yet?

Sign up now for a free account
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.