American Funds New World 529C (CNWCX)
| Fund Assets | 74.23B |
| Expense Ratio | 1.80% |
| Min. Investment | $250 |
| Turnover | 37.00% |
| Dividend (ttm) | 2.17 |
| Dividend Yield | 2.37% |
| Dividend Growth | 86.52% |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 19, 2024 |
| Previous Close | 91.46 |
| YTD Return | 24.00% |
| 1-Year Return | 14.99% |
| 5-Year Return | 41.76% |
| 52-Week Low | 67.25 |
| 52-Week High | 91.46 |
| Beta (5Y) | n/a |
| Holdings | 618 |
| Inception Date | Feb 25, 2002 |
About CNWCX
American Funds New World Fund 529-C is a globally diversified mutual fund designed to provide broad exposure to emerging markets opportunities. Its primary objective is to participate in the growth of emerging market economies, predominantly by investing in companies based in these regions as well as multinational firms that derive a significant portion of their revenues from emerging markets. The fund employs a strategy that seeks to balance the inherent volatility of emerging-market equities by also including developed-market firms with emerging market exposure and, to a lesser extent, emerging-market debt instruments. The portfolio is notably diversified across sectors such as financials, information technology, consumer discretionary, industrials, health care, and communication services, reflecting its global scope and risk-mitigation approach. With hundreds of holdings and a substantial asset base, American Funds New World Fund 529-C serves as a key vehicle for investors seeking international diversification and access to the growth potential of developing economies, while aiming to moderate risk through inclusion of multinationals and selective debt assets.
Performance
CNWCX had a total return of 14.99% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.37%.
Top 10 Holdings
25.28% of assets| Name | Symbol | Weight |
|---|---|---|
| TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD | 2330 | 7.00% |
| CAPITAL GROUP CENTRAL CASH FUND | CMQXX | 3.84% |
| Microsoft Corporation | MSFT | 2.31% |
| TENCENT HOLDINGS LTD | 0700 | 2.31% |
| MercadoLibre, Inc. | MELI | 2.14% |
| SK HYNIX INC | 000660 | 1.69% |
| Broadcom Inc. | AVGO | 1.57% |
| NVIDIA Corporation | NVDA | 1.55% |
| Meta Platforms, Inc. | META | 1.46% |
| AAR Corp. | AIR | 1.41% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 19, 2024 | $2.1679 | Dec 20, 2024 |
| Dec 14, 2023 | $1.1623 | Dec 15, 2023 |
| Dec 16, 2021 | $5.558 | Dec 17, 2021 |
| Dec 20, 2019 | $2.0066 | Dec 23, 2019 |
| Dec 21, 2018 | $0.7406 | Dec 24, 2018 |
| Dec 21, 2017 | $0.6381 | Dec 22, 2017 |