American Funds Developing World Growth and Income hasn’t lived up to its potential, but recent structural changes support a Morningstar Analyst Rating of Bronze for its cheapest share classes while pricier fare is rated Neutral.
Will DWGAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable DWGAX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the DWGAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of DWGAX’s parent organization’s priorities and whether they’re in line with investors’ interests.