- What does RNWGX invest in?
- This fund predominantly allocates its capital to common shares of businesses with substantial exposure to nations characterized by developing economies or markets. Under typical market conditions, at least 35% of the fund's assets are dedicated to both equity and fixed-income instruments issued by entities primarily based in qualified countries exhibiting developing economies or markets.
- What is the expense ratio of RNWGX?
- American Funds New World Fund Class R-6 (RNWGX) charges an expense ratio of 0.57%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is RNWGX?
- American Funds New World Fund Class R-6 (RNWGX) manages $90.71B 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 RNWGX actively managed or an index fund?
- RNWGX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
- When was RNWGX launched?
- American Funds New World Fund Class R-6 (RNWGX) launched in May 2009 and is managed by Capital Group.
- How has RNWGX performed?
- RNWGX'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.
