Are you getting the best rate from your broker?
Compare your broker's rates now to find out if you can save money

Choose your broker below
Thank you for selecting your broker
We are redirecting you to the Broker Center now
Welcome to MutualFunds.com. Please help us personalize your experience.

Select the one that best describes you
Thank you for your submission, we hope you enjoy your experience
ALERT

FREE Webinar for FA’s and RIA’s — Reserve Your Seat Now!

Mutualfunds logo

CNWAX American Funds New World 529A

  • Fund
  • CNWAX
  • Price as of: Dec 02, 2016
  • $50.67
  • - $0.03
  • - 0.06%
  • Category
  • Emerging Markets Equities

CNWAX - Profile

Vitals

  • YTD Return 2.2%
  • 3 Yr Annualized Return -0.7%
  • 5 Yr Annualized Return 3.8%
  • Net Assets $24.7 B
  • Holdings in Top 10 14.3%

52 WEEK LOW AND HIGH

$50.67
$43.78
$54.56

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.11%

SALES FEES

  • Front Load 5.75%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 41.00%

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 2.2%
  • 3 Yr Annualized Total Return -2.6%
  • 5 Yr Annualized Total Return 2.6%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.82%
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 2.2% -29.2% 249.4% 68.86% 4
1 Yr 5.1% -38.0% 57.7% 69.77% 4
3 Yr -0.7% * -12.2% 19.4% 26.27% 2
5 Yr 3.8% * -11.8% 11.8% 11.87% 1
10 Yr 4.2% * -2.2% 7.6% 19.75% 1

* Annualized


Return Ranking - Calendar

Period CNWAX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -6.6% -47.4% 3.3% 5.36% 1
2014 -9.0% -40.7% 42.6% 73.80% 5
2013 7.8% -30.3% 32.4% 11.54% 1
2012 18.1% -10.6% 37.9% 37.85% 2
2011 -15.6% -54.5% 1.7% 13.44% 1

Total Return Ranking - Trailing

Period CNWAX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 2.2% -11.8% 249.4% 72.97% 4
1 Yr -1.0% -25.4% 55.8% 83.48% 5
3 Yr -2.6% * -11.5% 19.4% 57.04% 3
5 Yr 2.6% * -12.2% 11.8% 22.60% 2
10 Yr 3.6% * -2.2% 7.6% 30.86% 2

* Annualized


Total Return Ranking - Calendar

Period CNWAX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -6.1% -24.6% 3.3% 6.77% 1
2014 -3.9% -18.2% 60.9% 59.25% 4
2013 10.8% -14.9% 60.9% 10.99% 1
2012 22.1% -8.7% 83.1% 28.94% 2
2011 -15.9% -39.8% 2.2% 13.29% 1

NAV & Total Return History

CNWAX - Holdings

Filings data as of: Sep 30, 2016

Concentration Analysis

CNWAX Category Low Category High CNWAX % Rank Quintile
Net Assets 24.7 B 272 64.2 B 0.58% 1
Number of Holdings 534 1 4420 3.91% 1
Net Assets in Top 10 3.37 B 0 10.7 B 0.87% 1
Weighting of Top 10 14.3% 0.0% 176.4% 28.84% 5

Top 10 Holdings

  1. Novo Nordisk A/S B 1.20%
  2. Naspers Ltd Class N 1.81%
  3. AIA Group Ltd 1.66%
  4. HDFC Bank Ltd 1.57%
  5. Alibaba Group Holding Ltd ADR 1.49%
  6. Tencent Holdings Ltd 1.89%
  7. Taiwan Semiconductor Manufacturing Co Ltd 1.34%
  8. Kotak Mahindra Bank Ltd 0.98%
  9. Murata Manufacturing Co Ltd 1.26%
  10. Reliance Industries Ltd 1.07%

Asset Allocation

Weighting Category Low Category High CNWAX % Rank Quintile
Stocks
82.32% 0.00% 100.02% 27.39% 5
Bonds
8.61% 0.00% 93.68% 1.59% 1
Other
5.52% -1.37% 99.34% 2.03% 1
Cash
2.83% -94.93% 100.00% 10.14% 2
Preferred Stocks
0.73% 0.00% 7.87% 5.51% 1
Convertible Bonds
0.00% 0.00% 9.01% 0.72% 5

Stock Sector Breakdown

Weighting Category Low Category High CNWAX % Rank Quintile
Technology
16.05% 0.00% 37.81% 19.51% 4
Financial Services
14.47% 0.00% 43.33% 23.58% 4
Consumer Cyclical
11.60% 0.00% 31.98% 15.14% 3
Healthcare
9.33% 0.00% 19.20% 2.91% 1
Consumer Defense
8.73% 0.00% 43.19% 15.43% 3
Basic Materials
5.51% 0.00% 15.77% 15.72% 3
Industrials
5.23% 0.00% 29.91% 17.76% 4
Energy
4.52% 0.00% 23.51% 17.03% 3
Communication Services
3.16% 0.00% 20.02% 18.63% 4
Utilities
2.59% 0.00% 51.13% 14.12% 3
Real Estate
1.09% 0.00% 11.55% 19.80% 4

Stock Geographic Breakdown

Weighting Category Low Category High CNWAX % Rank Quintile
Non US
68.38% 0.00% 101.92% 28.84% 5
US
13.94% -5.38% 100.02% 0.43% 1

Bond Sector Breakdown

Weighting Category Low Category High CNWAX % Rank Quintile
Government
6.01% 0.00% 81.95% 1.61% 1
Cash & Equivalents
4.08% -94.93% 100.00% 6.73% 2
Corporate
1.92% 0.00% 53.26% 3.95% 1
Securitized
0.06% 0.00% 16.59% 0.88% 1
Municipal
0.00% 0.00% 1.50% 0.88% 5
Derivative
0.00% -45.93% 7.66% 3.07% 5

Bond Geographic Breakdown

Weighting Category Low Category High CNWAX % Rank Quintile
Non US
6.49% 0.00% 93.68% 1.45% 1
US
2.12% 0.00% 64.15% 1.30% 1

CNWAX - Expenses

Operational Fees

CNWAX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 1.11% 0.08% 935.74% 34.88% 1
Management Fee 0.55% 0.03% 2.00% 8.12% 1
12b-1 Fee 0.21% 0.00% 1.00% 3.61% 1
Administrative Fee 0.05% 0.00% 0.55% 7.36% 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 0.50% 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 41.00% 0.00% 947.00% 12.94% 2

CNWAX - Distributions

Dividend Yield Analysis

CNWAX Category Low Category High CNWAX % Rank Quintile
Dividend Yield 0.5% 0.00% 3.56% 7.03% 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 0.82% -1.67% 5.97% 24.71% 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

8.84

Tenure Rank

2.6%

Grace is a senior vice president with Capital Research Management Company and is a Partner of Capital World Investors.


Christopher M. Thomsen

Manager

Start Date

Jan 01, 2009

Tenure

7.84

Tenure Rank

3.6%

Thomsen is a senior portfolio manager with Capital Research and Management Company.


Winnie Kwan

Manager

Start Date

Jan 01, 2009

Tenure

7.84

Tenure Rank

3.6%

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


Wahid Butt

Manager

Start Date

Jan 01, 2008

Tenure

8.84

Tenure Rank

2.6%

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

17.39

Tenure Rank

0.7%

Denning is a senior vice president for Capital Research Company with portfolio manager responsibilities. Mark is a director of The Capital Group Companies, Capital International Limited and Capital Research and Management Company. Prior to 1982, Denning worked in the operations department of J & F Martell and Co. in France.


Robert W. Lovelace

Manager

Start Date

Jun 17, 1999

Tenure

17.39

Tenure Rank

0.7%

Robert W. Lovelace is chairman, principal executive officer and a director of Capital Research Company and a member of The Capital Group Companies Management Committee. He is also a senior vice president for Capital Research and Management Company. He joined Capital Research in 1985 as a mining analyst. Mr. Lovelace received an AB (summa cum laude) from Princeton University and is a member of Phi Beta Kappa. He holds the Chartered Financial Analyst® designation and is based in Los Angeles.


Robert H. Neithart

Manager

Start Date

Jan 01, 2012

Tenure

4.84

Tenure Rank

5.6%

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.


F. Galen Hoskin

Manager

Start Date

Jan 01, 2009

Tenure

7.84

Tenure Rank

3.6%

F. Galen Hoskin is a Senior Vice President and an equity portfolio manager at Capital Research and Management Company or its affiliates.


Jonathan Knowles

Manager

Start Date

Jan 01, 2016

Tenure

0.83

Tenure Rank

11.3%

Knowles is vice president and porfolio manager of Capital Research and Management Company.


Tenure Analysis

Category Low

0.0

Category High

25.1

Category Average

4.97

Category Mode

4.8