Skip to Content

American Funds New World 529F CNWFX

Medalist Rating as of | See American Funds Investment Hub
  • NAV / 1-Day Return 75.89  /  −0.97 %
  • Total Assets 56.1 Bil
  • Adj. Expense Ratio
  • Expense Ratio 1.020%
  • Distribution Fee Level Below Average
  • Share Class Type No Load
  • Category Diversified Emerging Mkts
  • Investment Style Large Growth
  • Min. Initial Investment 250
  • Status Open
  • TTM Yield
  • Turnover 32%

USD | NAV as of Apr 15, 2024 | 1-Day Return as of Apr 15, 2024, 10:17 PM GMT+0

Morningstar’s Analysis CNWFX

Will CNWFX outperform in future?

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

A Manager Retirement and Addition on American Funds New World; Ratings Unchanged

null Stephen Welch

Stephen Welch

Analyst Note

American Funds’ parent Capital Group announced that veteran manager Jonathan Knowles will step off American Funds New World on Jan. 2, 2024, and retire from the firm on April 1, 2024. Knowles has spent seven of his 31 years at Capital Group managing this strategy. In November, Matt Hochstetler will officially join the management team, bringing the total number of named managers to 13. While Knowles’ retirement is a loss, it is one that Capital Group is equipped to handle. These changes do not alter the strategy’s High People rating or its Morningstar Medalist Ratings.

Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings CNWFX

  • Current Portfolio Date
  • Equity Holdings
  • Bond Holdings
  • Other Holdings
  • % Assets in Top 10 Holdings 17.9
Top 10 Holdings
% Portfolio Weight
Market Value USD

Capital Group Central Cash Fund

3.83 2.0 Bil
Cash and Equivalents

Microsoft Corp

3.15 1.7 Bil

Novo Nordisk A/S Class B

2.69 1.4 Bil

Taiwan Semiconductor Manufacturing Co Ltd

2.38 1.3 Bil

Airbus SE

1.53 818.0 Mil

MercadoLibre Inc

1.45 777.1 Mil
Consumer Cyclical

Eli Lilly and Co

1.45 774.9 Mil

Kotak Mahindra Bank Ltd

1.45 774.3 Mil
Financial Services

Lvmh Moet Hennessy Louis Vuitton SE

1.40 749.2 Mil
Consumer Cyclical

Broadcom Inc

1.24 660.9 Mil