American Funds New World’s broad and measured approach effectively dampens emerging-markets volatility, earning its cheaper shares classes a Morningstar Analyst Rating of Gold and its pricier fare Silver.
Will RNWAX 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 RNWAX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the RNWAX 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 RNWAX’s parent organization’s priorities and whether they’re in line with investors’ interests.