American Funds New World 529-F-3 (FWWNX)
| Fund Assets | 66.48B |
| Expense Ratio | 0.63% |
| Min. Investment | $250 |
| Turnover | 37.00% |
| Dividend (ttm) | 3.11 |
| Dividend Yield | 3.50% |
| Dividend Growth | 47.67% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 19, 2024 |
| Previous Close | 89.10 |
| YTD Return | 16.10% |
| 1-Year Return | 14.46% |
| 5-Year Return | n/a |
| 52-Week Low | 70.11 |
| 52-Week High | 89.31 |
| Beta (5Y) | n/a |
| Holdings | 611 |
| Inception Date | Oct 30, 2020 |
About FWWNX
American Funds New World Fund 529-F-3 is a globally diversified mutual fund designed to provide investors with long-term capital appreciation by focusing on opportunities in emerging markets. The fund invests primarily in common stocks of companies that operate within, or derive a significant portion of their revenue from, developing economies. Its portfolio includes both companies domiciled in emerging markets and multinational corporations with substantial emerging market exposure, offering a broad approach to capturing growth from these regions. The fund stands out for its flexible strategy, balancing pure emerging markets investments with holdings in developed market firms tied to emerging economies. This structure aims to benefit from emerging markets growth potential while potentially reducing volatility compared to funds that concentrate solely on emerging-market domiciled companies. Additionally, portfolio managers have the discretion to allocate a portion of assets to fixed income securities, further supporting risk management. American Funds New World Fund 529-F-3 is frequently considered a core option for asset allocators seeking dedicated yet resilient exposure to global emerging markets within diversified portfolios.
Performance
FWWNX had a total return of 14.46% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.22%.
Top 10 Holdings
22.59% of assets| Name | Symbol | Weight |
|---|---|---|
| TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD | 2330 | 5.69% |
| CAPITAL GROUP CENTRAL CASH FUND | CMQXX | 4.06% |
| MercadoLibre, Inc. | MELI | 2.54% |
| Microsoft Corporation | MSFT | 2.00% |
| TENCENT HOLDINGS LTD | 0700 | 1.84% |
| Meta Platforms, Inc. | META | 1.36% |
| Banco Bilbao Vizcaya Argentaria, S.A. | BBVA | 1.31% |
| Nu Holdings Ltd. | NU | 1.30% |
| Broadcom Inc. | AVGO | 1.26% |
| AAR Corp. | AIR | 1.23% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 19, 2024 | $3.1122 | Dec 20, 2024 |
| Dec 14, 2023 | $2.1075 | Dec 15, 2023 |
| Dec 15, 2022 | $0.8369 | Dec 16, 2022 |
| Dec 16, 2021 | $6.2401 | Dec 17, 2021 |
| Dec 17, 2020 | $0.3926 | Dec 18, 2020 |