Skip to Content

American Funds New World F1 NWFFX

Medalist Rating as of | See American Funds Investment Hub
  • NAV / 1-Day Return 75.91  /  0.11 %
  • Total Assets 55.7 Bil
  • Adj. Expense Ratio
    0.960%
  • Expense Ratio 0.960%
  • 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 1.26%
  • Turnover 32%

Morningstar’s Analysis NWFFX

Will NWFFX 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 NWFFX

  • Current Portfolio Date
  • Equity Holdings 373
  • Bond Holdings 184
  • Other Holdings 16
  • % Assets in Top 10 Holdings 17.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Capital Group Central Cash Fund

3.83
2,048,843,955
Cash and Equivalents
3.15
1,686,132,149
Technology
2.69
1,436,876,591
Healthcare
2.38
1,273,219,884
Technology
1.53
817,979,231
Industrials
1.45
777,140,674
Consumer Cyclical
1.45
774,927,436
Healthcare
1.45
774,270,537
Financial Services
1.40
749,197,362
Consumer Cyclical
1.24
660,862,418
Technology