Skip to Content

American Funds New World R2E RNEBX

Analyst rating as of
NAV / 1-Day Return
75.20  /  0.32 %
Total Assets
47.0 Bil
Adj. Expense Ratio
1.410%
Expense Ratio
1.410%
Fee Level
Low
Longest Manager Tenure
21.34 years
Category
US Fund Diversified Emerging Mkts
Investment Style
Large Growth
Min. Initial Investment
250
Status
Open
TTM Yield
0.69%
Turnover
37%
Premium

Morningstar’s Analysis

Will RNEBX outperform in future?

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

An Upcoming Manager Departure on American Funds New World Does Not Change Our View

Analyst Note

| |

American Funds' parent Capital Group announced that on Oct. 1, 2020, longtime manager Wahid Butt will transition off American Funds New World's management team. Following his departure, the strategy will have an experienced 10-person management crew from four different Capital Group subsidiaries. The Morningstar Analyst Ratings across its 17 shares classes remain Gold or Silver.

Unlock our full analysis with Morningstar Premium