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American Funds New World 529E CNWEX

Morningstar Analyst Rating
Analyst rating as of
NAV / 1-Day Return
93.90  /  0.40 %
Total Assets
61.7 Bil
Adj. Expense Ratio
1.220%
Expense Ratio
1.220%
Fee Level
Low
Longest Manager Tenure
22.10 years
Category
Diversified Emerging Mkts
Investment Style
Large Growth
Min. Initial Investment
250
Status
Open
TTM Yield
0.00%
Turnover
40%

USD | NAV as of Jul 22, 2021 | 1-Day Return as of Jul 22, 2021, 9:32 PM GMT+00:00

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Morningstar’s Analysis

Will CNWEX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Process Pillar

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The Process Pillar is our assessment of how sensible, clearly defined, and repeatable CNWEX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

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The People Pillar is our evaluation of the CNWEX 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

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The Parent Pillar is our rating of CNWEX’s parent organization’s priorities and whether they’re in line with investors’ interests.

The strategy's flexibility plays to its strengths.

Analyst

Summary

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Because of a technical error, the Analyst Rating for one or more share classes of this fund was incorrect. We have resolved the error and corrected the Analyst Rating for all share classes affected by it. For further details, go to morningstar.com/learn/ar. American Funds New World's specialized emerging-markets approach benefits its skilled managers, earning its cheapest share classes a Morningstar Analyst Rating of Gold, while pricier shares net Silver.

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