About NEWFX
American Funds New World Fund Class A is a diversified mutual fund designed to provide long-term capital appreciation by investing primarily in companies with significant exposure to emerging markets and developing economies. While its core focus is on equity holdings in emerging regions, the fund also includes investments in multinational firms that conduct substantial business in these markets. Managed by Capital Research and Management Company since 1999, the fund leverages deep research and global resources to achieve its objectives. It holds a broad portfolio across sectors such as technology, healthcare, consumer discretionary, and financial services, with notable positions in companies including Taiwan Semiconductor Manufacturing, MercadoLibre, Microsoft, Meta Platforms, and Tencent. The fund’s strategy aims to capture the growth potential of developing regions while offering global diversification, making it relevant for investors seeking exposure to growth opportunities outside developed markets. Its size, experienced management team, and diversified approach underscore its significance within the emerging markets fund category.
Fund Family Capital Group
Category Diversified Emerging Mkts
Performance Rating Above Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol NEWFX
Share Class Class A
Index MSCI AC World NR USD
NEWFX had a total return of 34.62% in the past year. Since the fund's inception, the average
annual return has been 11.00%, including dividends.