
American Funds New World Fund Class A (NEWFX)
NEWFX Price Chart
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NEWFX Fund Profile
Key details and information about American Funds New World Fund Class A (NEWFX).
Sector Focus
Financial Services
Industry
Asset Management
Inception Date
17 Jun 1999
Country
US
Description
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.
NEWFX Fund Performance
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