American Funds New World F2
NFFFX
NASDAQ- -
USD
- -
- -
- -
- -
(- -)
Recent
price
- -
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- American Funds New World Fund F-2 (NFFFX) is an open-end mutual fund managed by Capital Group that seeks long-term capital appreciation primarily through investments in common stocks of companies domiciled in or with significant business exposure to developing economies or emerging markets; it also allocates to multinational companies with substantial emerging markets operations, U.S. equities, non-U.S. bonds, and cash equivalents. The fund's portfolio emphasizes large-cap growth stocks across sectors including information technology (approximately 22%), financials (17%), consumer discretionary (13%), and industrials (12%), with key geographic exposures to emerging markets excluding China (around 40-42%), China (14-15%), the United States (17-18%), Europe & Middle East (14-15%), and smaller positions in Canada, Japan, and Asia-Pacific ex-Japan; it holds over 430 companies, maintains a net expense ratio of 0.68%, and features a portfolio turnover rate of 37-46% in recent years. Launched on June 17, 1999, and headquartered in Los Angeles, California, as part of the American Funds family under Capital Research and Management Company, the F-2 share class targets retail investors with a minimum initial investment of $250 and pays regular dividends and capital gains distributions annually in December. In recent developments, the fund distributed total 2024 year-to-date distributions of $3.0754 per share (including $0.9075 in income dividends and $2.1679 in long-term capital gains) as of December 19-20, 2024, reflecting strong portfolio performance amid market gains; its assets under management stood at approximately $75.2-75.9 billion as of late 2025, with over 1.3 million shareholder accounts, and it continued to exhibit below-average risk with a Morningstar rating in the Diversified Emerging Markets category. The fund is managed by a seasoned team of 13 investment professionals, including long-tenured leaders like Carl Kawaja (37 years), Robert Lovelace (39 years), and Winnie Kwan (30 years), employing a multiple-manager approach with individual portfolios blended for diversification.