CNWAX: American Funds New World Fund® - MutualFunds.com

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CNWAX - Snapshot

Vitals

  • YTD Return 18.6%
  • 3 Yr Annualized Return 6.4%
  • 5 Yr Annualized Return 9.5%
  • Net Assets $45.4 B
  • Holdings in Top 10 18.8%

52 WEEK LOW AND HIGH

$81.89
$48.80
$82.89

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.06%

SALES FEES

  • Front Load 3.50%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 37.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $250
  • IRA $25

Fund Classification


Compare CNWAX to Popular Emerging Markets Equity Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$30.69

+0.03%

$87.37 B

-

$0.00

9.06%

-

$48.55

+2.08%

$87.37 B

2.55%

$1.21

9.13%

-

$59.76

+1.95%

$54.41 B

2.29%

$1.34

11.37%

-

$83.67

+1.22%

$45.35 B

0.89%

$0.74

18.60%

-

$52.10

+2.44%

$40.21 B

0.21%

$0.11

12.45%

-

CNWAX - Profile

Distributions

  • YTD Total Return 18.6%
  • 3 Yr Annualized Total Return 5.1%
  • 5 Yr Annualized Total Return 8.7%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.03%
DIVIDENDS
  • Dividend Yield 0.0%
  • 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
    Robert Lovelace

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 invests 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 (%)
YTD 18.6% -23.8% 459.3% 24.75%
1 Yr 10.8% -32.9% 70.4% 36.84%
3 Yr 6.4%* -14.1% 23.9% 16.02%
5 Yr 9.5%* -5.2% 22.1% 26.52%
10 Yr 5.2%* -2.4% 9.3% 8.51%

* Annualized

Return Ranking - Calendar

Period CNWAX Return Category Return Low Category Return High Rank in Category (%)
2019 23.0% -4.8% 42.0% 22.12%
2018 -14.3% -58.5% 0.0% 12.66%
2017 30.0% -33.4% 66.6% 67.29%
2016 2.9% -10.1% 241.3% 74.66%
2015 -6.6% -34.7% 4.9% 3.94%

Total Return Ranking - Trailing

Period CNWAX Return Category Return Low Category Return High Rank in Category (%)
YTD 18.6% -24.0% 459.3% 24.63%
1 Yr 6.9% -32.9% 70.4% 52.04%
3 Yr 5.1%* -14.1% 23.9% 20.11%
5 Yr 8.7%* -5.2% 22.1% 31.10%
10 Yr 4.9%* -2.4% 9.3% 13.73%

* Annualized

Total Return Ranking - Calendar

Period CNWAX Return Category Return Low Category Return High Rank in Category (%)
2019 23.0% -4.8% 42.0% 22.25%
2018 -14.3% -41.9% 0.0% 17.21%
2017 32.5% -24.0% 66.6% 66.98%
2016 3.8% -10.0% 249.6% 74.49%
2015 -6.1% -34.7% 4.9% 4.34%

NAV & Total Return History


CNWAX - Holdings

Concentration Analysis

CNWAX Category Low Category High CNWAX % Rank
Net Assets 45.4 B 705 K 87.4 B 2.25%
Number of Holdings 540 1 5645 11.24%
Net Assets in Top 10 8.56 B -81.1 M 24.2 B 3.11%
Weighting of Top 10 18.84% 2.9% 100.0% 94.10%

Top 10 Holdings

  1. Reliance Industries Ltd 2.52%
  2. Reliance Industries Ltd 2.52%
  3. Reliance Industries Ltd 2.52%
  4. Reliance Industries Ltd 2.52%
  5. Reliance Industries Ltd 2.52%
  6. Reliance Industries Ltd 2.52%
  7. Reliance Industries Ltd 2.52%
  8. Reliance Industries Ltd 2.52%
  9. Reliance Industries Ltd 2.52%
  10. Reliance Industries Ltd 2.52%

Asset Allocation

Weighting Return Low Return High CNWAX % Rank
Stocks
91.48% 40.97% 100.38% 92.72%
Cash
5.36% -114.84% 13.18% 9.81%
Bonds
3.16% -9.89% 58.22% 4.06%
Preferred Stocks
0.00% 0.00% 1.77% 61.84%
Other
0.00% -5.37% 121.77% 62.56%
Convertible Bonds
0.00% 0.00% 15.83% 54.55%

Stock Sector Breakdown

Weighting Return Low Return High CNWAX % Rank
Technology
17.56% 0.00% 49.20% 73.41%
Financial Services
15.25% 0.00% 48.36% 63.30%
Healthcare
14.37% 0.00% 96.36% 3.73%
Consumer Cyclical
13.35% 0.00% 43.66% 75.45%
Communication Services
11.72% 0.00% 52.97% 70.16%
Consumer Defense
7.07% 0.00% 31.60% 50.66%
Basic Materials
6.35% 0.00% 22.31% 44.16%
Industrials
5.94% 0.00% 43.84% 31.05%
Energy
4.37% 0.00% 19.82% 40.91%
Real Estate
2.27% 0.00% 21.02% 45.25%
Utilities
1.75% 0.00% 39.61% 33.69%

Stock Geographic Breakdown

Weighting Return Low Return High CNWAX % Rank
Non US
70.44% 0.00% 101.10% 96.65%
US
21.04% -1.02% 98.73% 2.63%

CNWAX - Expenses

Operational Fees

CNWAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.06% 0.04% 40.36% 74.75%
Management Fee 0.52% 0.00% 2.00% 10.68%
12b-1 Fee 0.22% 0.00% 1.00% 19.09%
Administrative Fee 0.05% 0.01% 1.25% 27.93%

Sales Fees

CNWAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 3.50% 0.40% 5.75% 90.27%
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

CNWAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.40% 2.00% N/A

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 Return Low Category Return High Rank in Category (%)
Turnover 37.00% 0.00% 420.00% 36.88%

CNWAX - Distributions

Dividend Yield Analysis

CNWAX Category Low Category High CNWAX % Rank
Dividend Yield 0.00% 0.00% 9.77% 60.24%

Dividend Distribution Analysis

CNWAX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Semi-Annually Annually

Net Income Ratio Analysis

CNWAX Category Low Category High CNWAX % Rank
Net Income Ratio 1.03% -1.40% 6.51% 66.58%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

CNWAX - Fund Manager Analysis

Managers

Robert Lovelace


Start Date

Tenure

Tenure Rank

Jun 17, 1999

21.39

21.4%

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. 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. He holds a bachelor’s degree in mineral economics (geology) from Princeton University. He also holds CFA designation.

Carl Kawaja


Start Date

Tenure

Tenure Rank

Jun 17, 1999

21.39

21.4%

Carl M. Kawaja is an equity portfolio manager at Capital Group. Earlier in his career, as an equity investment analyst at Capital, he covered global household products and U.S. personal care companies, along with Canadian companies. Before joining Capital, Carl was a security analyst for Gabelli & Company in New York, as well as an equity analyst for Lévesque Beaubien in Montreal. He holds an MBA in finance from Columbia Business School and a bachelor’s degree in history from Brown University graduating magna cum laude.

Nicholas Grace


Start Date

Tenure

Tenure Rank

Jan 01, 2008

12.84

12.8%

Nicholas J. Grace is an equity portfolio manager at Capital Group. 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 Thomsen


Start Date

Tenure

Tenure Rank

Jan 01, 2009

11.84

11.8%

Christopher Thomsen is an equity portfolio manager at Capital Group. He has 21 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


Start Date

Tenure

Tenure Rank

Jan 01, 2009

11.84

11.8%

Winnie Kwan is an equity portfolio manager at Capital Group. She has 21 years of investment experience and has been with Capital Group for 18 years. Prior to joining Capital, Winnie worked with Morgan Stanley in London, Hong Kong and Singapore. She holds both master’s and bachelor’s degrees in economics from Trinity College at the University of Cambridge. She also holds the Chartered Financial Analyst® designation. Winnie is based in Hong Kong.

Tomonori Tani


Start Date

Tenure

Tenure Rank

Oct 01, 2013

7.09

7.1%

Tomonori Tani is a portfolio manager at Capital Group and is one of the managers of Capital Group Global Balanced Fund (Canada). As an equity investment analyst he covers Asian (excluding Australia and India) banks and financials. Prior to joining Capital, he was an analyst and team leader for the Japanese financial sector with Fidelity Investments Japan and a portfolio manager of Fidelity Select Financial Service Fund. Before that, he was engaged in macroeconomic research with Merrill Lynch Investment Managers Japan and the Profit Research Center Ltd.

Jonathan Knowles


Start Date

Tenure

Tenure Rank

Jan 01, 2016

4.84

4.8%

Jonathan Knowles is an equity portfolio manager at 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 Freer


Start Date

Tenure

Tenure Rank

Jan 01, 2017

3.83

3.8%

Bradford F. Freer is an equity portfolio manager at Capital Group. Earlier in his career at Capital, he was an equity investment analyst covering multiple sectors as a generalist in both Australia and India. Before that he was an equities trader in both Singapore and Hong Kong. Brad was also a participant in The Associates Program, a two-year series of work assignments in various areas of the Capital organization. Prior to joining Capital, he was an associate at Gamble, Jones, Holbrook & Bent in Pasadena, California. He holds a bachelor’s degree in international relations from Connecticut College, as well as the Chartered Financial Analyst® designation. Brad is based in Los Angeles.

Lisa Thompson


Start Date

Tenure

Tenure Rank

Oct 01, 2019

1.08

1.1%

Lisa Thompson is an equity portfolio manager at Capital Group. She has been with the investment industry since 1988 and has been with Capital Group since 1994. Earlier in her career, as an equity investment analyst at Capital, Lisa covered companies in Latin America, emerging Europe, West Asia and Africa. Before joining Capital, Lisa was a securities analyst at Goldman, Sachs & Co. She was also a securities analyst and quantitative analyst at the Nomura Research Institute in New York. She holds a bachelor’s degree in mathematics from the University of Pennsylvania and the Chartered Financial Analyst® designation. Lisa is based in New York. Investment professional for 32 years in total; 25 years with Capital Research and Management Company or affiliate

Kirstie Spence


Start Date

Tenure

Tenure Rank

Dec 01, 2019

0.92

0.9%

Kirstie Spence is a fixed income portfolio manager at Capital Group. She also serves on the Fixed Income Management Committee. She has 23 years of investment experience, all with Capital Group. Earlier in her career at Capital, Kirstie was a fixed income investment analyst and her coverage included sovereign debt in emerging markets with a focus on Europe, the Middle East, Africa and Latin America, as well as European telecommunications as a credit analyst. Kirstie began her career at Capital as a participant in The Associates Program, a two-year series of work assignments in various areas of

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 33.7 5.91 0.92
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