The departure of American Funds New World’s leader does not lower our conviction in the team and process. An experienced management group and differentiated approach earn its cheapest share classes a Morningstar Analyst Rating of Gold while pricier shares land at Silver.
Will RNWFX 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 RNWFX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the RNWFX 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 RNWFX’s parent organization’s priorities and whether they’re in line with investors’ interests.