Veteran leadership steers American Funds New World’s differentiated approach, which continues to deliver a damped emerging-markets ride. The strategy’s cheapest share classes earn a Morningstar Analyst Rating of Gold, while pricier shares land at Silver.
American Funds New World A NEWFX
NAV / 1-Day Return
83.76
/
0.06
%
Total Assets
58.6 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
0.960%
Expense Ratio
0.960%
Fee Level
Low
Longest Manager Tenure
22.59
years
Category
Diversified Emerging Mkts
Investment Style
Large GrowthMin. Initial Investment
250
Status
Open
TTM Yield
0.41%
Turnover
32%
Premium
Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will NEWFX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable NEWFX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the NEWFX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of NEWFX’s parent organization’s priorities and whether they’re in line with investors’ interests.
A smooth approach to emerging markets.
