American Funds Developing World Growth and Income has changed a bit over its short history, but the team's collective skill and experience is enough to warrant a Morningstar Analyst Rating of Bronze for its cheaper shares, while more expensive ones get Neutral.
Will RDWFX 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 RDWFX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the RDWFX 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 RDWFX’s parent organization’s priorities and whether they’re in line with investors’ interests.