Because of a technical error, the Analyst Rating for one or more share classes of this fund was incorrect. We have resolved the error and corrected the Analyst Rating for all share classes affected by it. For further details, go to morningstar.com/learn/ar. American Funds New World's specialized emerging-markets approach benefits its skilled managers, earning its cheapest share classes a Morningstar Analyst Rating of Gold, while pricier shares net Silver.
American Funds New World R4 RNWEX
NAV / 1-Day Return
89.13
/
1.36
%
Total Assets
56.6 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
0.940%
Expense Ratio
0.940%
Fee Level
Low
Longest Manager Tenure
21.70
years
Category
Diversified Emerging Mkts
Investment Style
Large GrowthMin. Initial Investment
250
Status
Open
TTM Yield
0.14%
Turnover
40%
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Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will RNWEX 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 RNWEX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the RNWEX 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 RNWEX’s parent organization’s priorities and whether they’re in line with investors’ interests.
The strategy's flexibility plays to its strengths.
