About RNWGX
American Funds New World Fund Class R-6 is a diversified mutual fund focused on capturing growth opportunities in emerging markets worldwide. The fund seeks long-term capital appreciation primarily by investing in equities of companies that are either based in, or have substantial business activities in, developing economies. In addition to direct investments in emerging market firms, it also allocates to multinational corporations with significant exposure to these fast-growing regions, offering a blend of global diversification and targeted emerging market potential.
Managed by Capital Research and Management Company, the fund maintains a disciplined, research-driven approach with a strong focus on risk management. Its broad portfolio spans across industries such as technology, financial services, consumer goods, and industrials, featuring notable holdings like Taiwan Semiconductor Manufacturing, MercadoLibre, Microsoft, and Tencent. This fund is particularly suited for investors aiming to diversify their retirement or long-term portfolios with exposure to global growth trends. With an average expense ratio below the category average and a history dating back to 1999, American Funds New World Fund Class R-6 plays a meaningful role in global asset allocation strategies within the mutual fund universe.
Fund Family Capital Group
Category Diversified Emerging Mkts
Performance Rating Above Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol RNWGX
Share Class Class R-6
Index MSCI AC World NR USD
RNWGX had a total return of 27.06% in the past year, including dividends.
Since the fund's inception, the average annual return has been 7.96%.
