Skip to Content
Morningstar

American Funds New World A NEWFX

Morningstar Medalist Rating
Medalist Rating as of | See American Funds Investment Hub
  • NAV / 1-Day Return 70.67  /  0.16 %
  • Total Assets 49.3 Bil
  • Adj. Expense Ratio
    0.980%
  • Expense Ratio 0.980%
  • Distribution Fee Level Low
  • Share Class Type Front Load
  • Category Diversified Emerging Mkts
  • Investment Style Large Growth
  • Min. Initial Investment 250
  • Status Open
  • TTM Yield 0.83%
  • Turnover 39%

USD | NAV as of Sep 29, 2023 | 1-Day Return as of Sep 29, 2023, 10:17 PM GMT+0

Morningstar’s Analysis NEWFX

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.

Offering a smoother emerging-markets ride.

Senior Analyst Stephen Welch

Stephen Welch

Senior Analyst

Summary

A veteran management group and differentiated approach, which delivers dampened emerging-markets exposure, earn American Funds New World’s cheapest United States, Luxembourg, and Australian share classes a Morningstar Medalist Rating of Gold, while pricier shares are rated Silver and Bronze.

by Stephen Welch
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings NEWFX

More NEWFX Holdings
  • Current Portfolio Date
  • Equity Holdings 388
  • Bond Holdings 190
  • Other Holdings 13
  • % Assets in Top 10 Holdings 16.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Capital Group Central Cash Fund

4.81
2,486,021,954
Cash and Equivalents

Microsoft Corp

2.91
1,507,384,305
Technology

Novo Nordisk A/S Class B

2.17
1,121,891,042
Healthcare

Taiwan Semiconductor Manufacturing Co Ltd

2.02
1,043,108,749
Technology

LVMH Moet Hennessy Louis Vuitton SE

1.82
940,228,109
Consumer Cyclical

Kotak Mahindra Bank Ltd

1.61
830,663,582
Financial Services

Airbus SE

1.55
800,435,210
Industrials

Eli Lilly and Co

1.26
649,892,318
Healthcare

Reliance Industries Ltd

1.16
602,436,971
Energy

AIA Group Ltd

1.12
580,055,052
Financial Services