American Funds New World Fund Class A
NEWFX
NASDAQ- -
USD
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Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- Los Angeles, CA 90071-1447 Los Angeles CA United States of America 90071-1447
- IPO Date
- Jun 17, 1999
- CIK
- 0001073330
- Website
- capitalgroup.com
- Similar Companies
- Business
- American Funds New World Fund Class A (NEWFX) is an actively managed mutual fund that seeks long-term capital appreciation by investing primarily in common stocks of companies domiciled in emerging market countries as well as U.S. companies conducting substantial business in those regions. The fund offers investors exposure to a diversified portfolio including equities in sectors such as financial services, technology, consumer discretionary, and materials; it emphasizes companies with strong growth potential, sustainable competitive advantages, and favorable demographic trends in developing economies. Managed by Capital Research and Management Company, part of Capital Group founded in 1931 and headquartered in Los Angeles, California, the fund operates globally with principal investments in Asia, Latin America, Eastern Europe, the Middle East, and Africa, targeting institutional and retail investors seeking emerging markets equity allocation. The fund's Class A shares feature a front-end sales load, typically around 5.75%, and are distributed through financial advisors and broker-dealers; performance is benchmarked against the MSCI Emerging Markets Index, with a focus on total return through a blend of value and growth strategies. In recent years, the fund has undergone portfolio adjustments to enhance exposure to high-conviction themes like digital transformation and sustainable infrastructure amid geopolitical shifts; notable changes include increased allocations to Indian and Southeast Asian technology firms following 2023-2024 market rallies, as well as a strategic reduction in Chinese holdings during U.S.-China trade tensions in late 2024. Capital Group announced enhancements to its active share lending program in 2025, boosting income generation for fund shareholders, while the broader American Funds lineup integrated new ESG screening tools across equity offerings, though NEWFX maintains flexibility in its opportunistic mandate without strict sustainability mandates.