About FNWFX
American Funds New World Fund Class F-3 is an actively managed mutual fund that targets long-term capital appreciation through a diversified allocation in global equities, with a primary emphasis on companies connected to developing economies and emerging markets. The fund typically invests at least 35% of its assets in equity and debt securities of issuers that are either based in or have substantial exposure to emerging markets, encompassing sectors such as technology, healthcare, consumer cyclical, and communication services. Notable holdings often include major international firms like Taiwan Semiconductor Manufacturing, Tencent, and MercadoLibre, as well as established global leaders such as Microsoft and Novo Nordisk.
In addition to equities, the fund may hold debt securities—including lower-rated, high-yield bonds—making its portfolio broad and adaptive to various market conditions. The fund is managed by a seasoned team employing a multi-manager approach, segmenting assets among experts for diversified oversight. With a relatively low expense ratio and institutional share class structure, the fund suits those seeking a comprehensive, professionally managed emerging markets exposure as part of a wider global equity allocation.
Fund Family Capital Group
Category Diversified Emerging Mkts
Performance Rating Above Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol FNWFX
Share Class Class F-3
Index MSCI AC World NR USD
FNWFX had a total return of 24.84% in the past year, including dividends. Since the fund's
inception, the average annual return has been 13.57%.
