About RNEBX
American Funds New World Fund R2E is a diversified mutual fund that primarily seeks long-term capital appreciation. Its core strategy focuses on investing in companies with significant exposure to emerging markets, including both firms based in developing economies and multinational corporations that generate substantial revenues from these regions. The fund’s portfolio spans a range of sectors such as technology, communication services, consumer goods, and healthcare, with notable holdings in global leaders like Taiwan Semiconductor Manufacturing, Tencent Holdings, Microsoft, MercadoLibre, and Broadcom. By allocating assets across numerous countries and industries, the fund aims to capture the dynamic growth potential of emerging markets while balancing risk through geographic and sector diversification. Managed by Capital Group, it is designed for investors seeking to diversify globally and participate in the growth of developing economies over the long term.
Fund Family Capital Group
Category Diversified Emerging Mkts
Performance Rating Above Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol RNEBX
Share Class Class R-2e
Index MSCI AC World NR USD
RNEBX had a total return of 24.97% in the past year, including dividends.
Since the fund's inception, the average annual return has been 8.43%.
