About NEWCX
American Funds New World Fund Class C is a diversified mutual fund that focuses on long-term capital appreciation by investing primarily in the equities of companies with significant exposure to emerging markets and developing economies. Managed by Capital Research and Management Company, the fund blends investments in common stocks, equity-like securities, corporate and government bonds, as well as cash equivalents, allowing for a broad and flexible approach to harnessing global growth opportunities.
The fund’s portfolio is characterized by its allocation to sectors such as technology, communication services, consumer cyclicals, and healthcare, with top holdings including both prominent international firms and leading U.S. multinationals that generate substantial revenues from emerging markets. As a result, the fund offers investors exposure to the dynamic and often rapidly evolving economies outside of the traditional developed markets, while also incorporating familiar global leaders. With a moderate expense ratio and a minimum investment threshold, the fund plays a significant role in the global diversified emerging markets category, providing investors a way to participate in global economic development and growth trends.
Fund Family Capital Group
Category Diversified Emerging Mkts
Performance Rating Average
Risk Rating Below Average
Stock Exchange Nasdaq
Ticker Symbol NEWCX
Share Class Class C
Index MSCI AC World NR USD
NEWCX had a total return of 11.74% in the past year, including dividends. Since the fund's
inception, the average annual return has been 8.16%.
