- What does NEWFX invest in?
- The American Funds New World Fund Class A primarily directs its capital towards the common stock of companies that maintain substantial business ties to, or generate significant revenue from, countries with emerging economies and markets. Generally, in stable market environments, the fund commits at least 35% of its total assets to a mix of equity and fixed-income securities. These instruments are issued by entities predominantly situated in eligible nations categorized by developing economies and/or markets.
- What is the expense ratio of NEWFX?
- American Funds New World Fund Class A (NEWFX) charges an expense ratio of 0.96%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is NEWFX?
- American Funds New World Fund Class A (NEWFX) manages $90.69B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.
- Is NEWFX actively managed or an index fund?
- NEWFX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
- When was NEWFX launched?
- American Funds New World Fund Class A (NEWFX) launched in June 1999 and is managed by Capital Group.
- How has NEWFX performed?
- NEWFX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.