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CNWAX American Funds New World 529A

  • Fund
  • CNWAX
  • Price as of: Nov 22, 2017
  • $67.43
  • + $0.09
  • + 0.13%
  • Category
  • Emerging Markets Equities

CNWAX - Profile

Vitals

  • YTD Return 32.1%
  • 3 Yr Annualized Return 4.6%
  • 5 Yr Annualized Return 5.4%
  • Net Assets $33.5 B
  • Holdings in Top 10 15.2%

52 WEEK LOW AND HIGH

$67.43
$50.50
$67.43

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.13%

SALES FEES

  • Front Load 5.75%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 30.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$250

IRA

$25

Investment Themes

CATEGORY

Emerging Markets Equities
  • Fund Type Open End Mutual Fund
  • Investment Style Diversified Emerging Mkts

Distributions

  • YTD Total Return 32.1%
  • 3 Yr Annualized Total Return 6.6%
  • 5 Yr Annualized Total Return 7.7%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.97%
DIVIDENDS
  • Dividend Yield 0.5%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name American Funds New World Fund®
  • Fund Family Name American Funds
  • Inception Date Feb 19, 2002
  • Shares Outstanding N/A
  • Share Class A
  • Currency USD
  • Domiciled Country United States
  • Manager Nicholas J. Grace

Fund Description

The fund invests primarily in common stocks of companies with significant exposure to countries with developing economies and/or markets. Under normal market conditions, the fund will invest at least 35% of its assets in equity and debt securities of issuers primarily based in qualified countries that have developing economies and/or markets.

CNWAX - Performance

Return Ranking - Trailing

Period CNWAX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 32.1% -29.2% 49.9% 50.29% 3
1 Yr 32.0% -38.0% 57.7% 43.31% 3
3 Yr 4.6% * -13.2% 11.0% 41.00% 3
5 Yr 5.4% * -11.8% 15.2% 28.64% 2
10 Yr 1.1% * -4.6% 7.6% 21.50% 2

* Annualized


Return Ranking - Calendar

Period CNWAX Return Category Return Low Category Return High Rank in Category (%) Quintile
2016 2.9% -32.2% 248.4% 63.71% 4
2015 -6.6% -47.4% 3.8% 6.64% 1
2014 -9.0% -40.7% 42.6% 74.18% 5
2013 7.8% -30.3% 32.4% 12.10% 1
2012 18.1% -23.9% 37.9% 37.85% 2

Total Return Ranking - Trailing

Period CNWAX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 32.1% -11.8% 49.9% 50.81% 3
1 Yr 32.0% -25.4% 55.8% 42.69% 3
3 Yr 6.6% * -11.1% 11.0% 31.35% 2
5 Yr 7.7% * -12.2% 15.2% 16.52% 1
10 Yr 3.5% * -4.6% 7.6% 7.96% 1

* Annualized


Total Return Ranking - Calendar

Period CNWAX Return Category Return Low Category Return High Rank in Category (%) Quintile
2016 2.9% -24.1% 248.4% 67.69% 4
2015 -6.1% -24.6% 6.9% 8.74% 1
2014 -3.9% -17.4% 60.9% 58.49% 4
2013 10.8% -14.9% 60.9% 11.55% 1
2012 22.1% -36.9% 83.1% 28.68% 2

NAV & Total Return History

CNWAX - Holdings

Filings data as of: Sep 30, 2017

Concentration Analysis

CNWAX Category Low Category High CNWAX % Rank Quintile
Net Assets 33.5 B 272 88.9 B 0.58% 1
Number of Holdings 589 1 4766 4.20% 1
Net Assets in Top 10 4.81 B 0 15.3 B 0.72% 1
Weighting of Top 10 15.2% 0.0% 188.6% 33.91% 5

Top 10 Holdings

  1. AIA Group Ltd 1.34%
  2. HDFC Bank Ltd 1.35%
  3. Tencent Holdings Ltd 1.71%
  4. Taiwan Semiconductor Manufacturing Co Ltd 1.57%
  5. Reliance Industries Ltd 1.81%
  6. Alphabet Inc C 1.49%
  7. Samsung Electronics Co Ltd 2.08%
  8. Alibaba Group Holding Ltd ADR 1.45%
  9. Facebook Inc A 1.24%
  10. Baidu Inc ADR 1.15%

Asset Allocation

Weighting Category Low Category High CNWAX % Rank Quintile
Stocks
86.51% 0.00% 100.53% 33.48% 5
Other
7.21% -1.53% 31.18% 2.17% 1
Bonds
5.00% 0.00% 94.00% 2.61% 1
Cash
0.77% -68.34% 100.00% 24.35% 4
Preferred Stocks
0.35% 0.00% 14.58% 16.23% 3
Convertible Bonds
0.16% 0.00% 11.12% 1.30% 1

Stock Sector Breakdown

Weighting Category Low Category High CNWAX % Rank Quintile
Technology
20.38% 0.00% 36.22% 21.48% 3
Financial Services
14.33% 0.00% 45.48% 31.06% 5
Consumer Cyclical
13.01% 0.00% 31.89% 14.08% 2
Consumer Defense
8.41% 0.00% 39.19% 16.11% 3
Basic Materials
6.54% 0.00% 18.34% 15.97% 3
Industrials
6.52% 0.00% 27.34% 14.95% 2
Healthcare
5.55% 0.00% 12.40% 7.40% 1
Energy
4.65% 0.00% 19.84% 16.40% 3
Utilities
3.94% 0.00% 51.79% 7.69% 1
Communication Services
2.40% 0.00% 20.02% 23.08% 4
Real Estate
0.61% 0.00% 13.84% 27.00% 5

Stock Geographic Breakdown

Weighting Category Low Category High CNWAX % Rank Quintile
Non US
73.00% 0.00% 100.53% 35.80% 5
US
13.51% -3.75% 100.02% 0.72% 1

Bond Sector Breakdown

Weighting Category Low Category High CNWAX % Rank Quintile
Government
4.01% -20.09% 78.82% 2.64% 1
Corporate
1.44% 0.00% 44.26% 12.45% 2
Cash & Equivalents
0.77% -39.14% 100.00% 23.43% 4
Derivative
0.00% -49.59% 7.99% 3.07% 5
Securitized
0.00% 0.00% 29.23% 1.02% 5
Municipal
0.00% 0.00% 1.50% 0.88% 5

Bond Geographic Breakdown

Weighting Category Low Category High CNWAX % Rank Quintile
Non US
5.00% -24.49% 91.30% 2.03% 1
US
0.00% 0.00% 64.15% 6.38% 5

CNWAX - Expenses

Operational Fees

CNWAX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 1.13% 0.05% 935.74% 34.16% 1
Management Fee 0.55% 0.00% 2.00% 8.70% 1
12b-1 Fee 0.22% 0.00% 1.00% 4.09% 2
Administrative Fee 0.05% 0.00% 0.55% 7.63% 2

Sales Fees

CNWAX Fees (% of AUM) Category Low Category High CNWAX Rank Quintile
Front Load 5.75% 0.50% 5.75% 0.75% 5
Deferred Load N/A 1.00% 5.00% N/A N/A

Trading Fees

CNWAX Fees (% of AUM) Category Low Category High CNWAX Rank Quintile
Max Redemption Fee N/A 0.45% 2.00% N/A N/A

Turnover Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

CNWAX Fees (% of AUM) Category Low Category High CNWAX Rank Quintile
Turnover 30.00% 0.00% 947.00% 14.24% 2

CNWAX - Distributions

Dividend Yield Analysis

CNWAX Category Low Category High CNWAX % Rank Quintile
Dividend Yield 0.5% 0.00% 3.80% 6.09% 1

Dividend Distribution Analysis

CNWAX Category Low Category High Category Mode
Dividend Distribution Frequency Annually Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

CNWAX Category Low Category High CNWAX % Rank Quintile
Net Income Ratio 0.97% -2.15% 6.38% 21.80% 3

Capital Gain Distribution Analysis

CNWAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

CNWAX - Managers

Nicholas J. Grace

Manager

Start Date

Jan 01, 2008

Tenure

9.84

Tenure Rank

3.1%

Nicholas J. Grace is an equity portfolio manager at Capital Group. He has 27 years of investment experience and has been with Capital Group for 23 years. Earlier in his career, as an equity investment analyst at Capital, he covered global mining companies. Prior to joining Capital, he was manager of metals research for J.P. Morgan Investment Management in Australia. Nick holds an MBA from the University of Wisconsin-Madison, and a bachelor’s degree in finance and economics from the University of Waikato, New Zealand, graduating with honors. He also holds the Chartered Financial Analyst® designation. Nick is based in London.


Christopher M. Thomsen

Manager

Start Date

Jan 01, 2009

Tenure

8.84

Tenure Rank

4.3%

Christopher Thomsen is an equity portfolio manager at Capital Group. He has 19 years of investment experience, all with Capital Group. Earlier in his career at Capital, as an equity investment analyst, he covered European and Asian media companies, Hong Kong-based utilities, property companies, conglomerates, and small-cap companies along with generalist coverage of other companies domiciled in Hong Kong and the Philippines. Prior to joining Capital, Chris worked as a corporate finance analyst for Citibank NA. He holds an MBA from Columbia Business School and a bachelor’s degree in international economics from the School of Foreign Service at Georgetown University. Chris is based in London.


Winnie Kwan

Manager

Start Date

Jan 01, 2009

Tenure

8.84

Tenure Rank

4.3%

Winnie Kwan is a portfolio manager of Capital Research and Management Company.


Wahid Butt

Manager

Start Date

Jan 01, 2008

Tenure

9.84

Tenure Rank

3.1%

Wahid Butt has Served as an equity portfolio manager in Capital Research and Management Company. Mr. Butt has joined in the firm since 2004.


Mark E. Denning

Manager

Start Date

Jun 17, 1999

Tenure

18.39

Tenure Rank

0.7%

Mark E. Denning is an equity portfolio manager at Capital Group. He has 34 years of investment experience, all with Capital Group. Earlier in his career at Capital, Mark had equity investment analyst responsibilities for companies based in Southeast Asia. He holds an MBA in finance and international business from Columbia Business School and a bachelor’s degree in economics from the London School of Economics. Mark is based in Los Angeles.


Robert W. Lovelace

Manager

Start Date

Jun 17, 1999

Tenure

18.39

Tenure Rank

0.7%

Robert W. Lovelace is vice chairman of the Capital Group Companies, president of Capital Research and Management Company, Inc., part of Capital Group, and serves on the Capital Group Management Committee. He is also an equity portfolio manager. Rob has 31 years of investment experience, all with Capital Group. Earlier in his career, Rob was an equity investment analyst at Capital covering global mining & metals companies and companies domiciled in Mexico and the Philippines.


Robert H. Neithart

Manager

Start Date

Jan 01, 2012

Tenure

5.84

Tenure Rank

7.0%

Robert H. Neithart is a fixed-income portfolio manager at Capital Group. He is chairman of the Fixed Income Management Committee and of Capital Strategy Research, Inc. Rob’s investment responsibilities are focused on global multi-currency fixed income, emerging market debt and global high income portfolios. He has 26 years of investment experience, all with Capital Group. Rob began his career at Capital as a participant in The Associates Program, a two-year series of work assignments in various areas of the organization. He holds a bachelor’s degree in economics from Occidental College graduating cum laude. He also holds the Chartered Financial Analyst® designation and is a member of the CFA Institute and the National Association of Business Economists. Rob is based in Los Angeles.


Jonathan Knowles

Manager

Start Date

Jan 01, 2016

Tenure

1.83

Tenure Rank

13.7%

Jonathan Knowles is an equity portfolio manager at Capital Group. He has 25 years of investment experience, all with Capital Group. Earlier in his career, as an equity investment analyst at Capital, Jonathan covered pharmaceuticals, chemicals, support services and small-cap companies. He holds an MBA from INSEAD, France, and a PhD in immunovirology and bachelor’s degree in veterinary science from the University of Liverpool, U.K., where he was a Wellcome Foundation Research Scholar. Jonathan is based in Singapore.


Bradford F. Freer

Manager

Start Date

Jan 01, 2017

Tenure

0.83

Tenure Rank

15.4%

Mr. Freer is a partner at Capital World Investors, one of Capital Research and Management Company's equity investment division since 1992. She worked with Capital Research and Management Company or affiliate since 1994.


Tenure Analysis

Category Low

0.1

Category High

23.8

Category Average

5.3

Category Mode

0.7