American Funds New World 529A
- CNWAX
- Price as of: Feb 23, 2021
-
$92.02
N/A N/A
- Primary Theme
- Emerging Markets Equity
- Fund Company
- American Funds
- Share Class
CNWAX - Snapshot
Vitals
- YTD Return 5.7%
- 3 Yr Annualized Return 9.7%
- 5 Yr Annualized Return 15.3%
- Net Assets $54.7 B
- Holdings in Top 10 17.7%
52 WEEK LOW AND HIGH
Expenses
OPERATING RELATED FEES
- Expense Ratio 1.02%
SALES FEES
- Front Load 3.50%
- Deferred Load N/A
BROKERAGE FEES
- Turnover 40.00%
TRADING FEES
- Max Redemption Fee N/A
Min Investment
- Standard (Taxable) $250
- IRA $25
Fund Classification
-
Primary Theme
Emerging Markets Equity
- Fund Type Open End Mutual Fund
- Investment Style Diversified Emerging Mkts
CNWAX - Profile
Distributions
- YTD Total Return 5.7%
- 3 Yr Annualized Total Return 8.4%
- 5 Yr Annualized Total Return 14.5%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.37%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameAmerican Funds New World Fund®
-
Fund Family NameAmerican Funds
-
Inception DateFeb 19, 2002
-
Shares OutstandingN/A
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerNicholas 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 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 | 5.7% | -0.9% | 19.5% | 87.64% |
1 Yr | 27.8% | -19.1% | 95.4% | 46.60% |
3 Yr | 9.7%* | -9.8% | 28.3% | 14.05% |
5 Yr | 15.3%* | 0.6% | 29.2% | 33.77% |
10 Yr | 7.3%* | -1.0% | 10.1% | 10.54% |
* Annualized
Return Ranking - Calendar
Period | CNWAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2020 | 24.6% | -22.1% | 480.0% | 23.54% |
2019 | 23.0% | -26.9% | 42.0% | 22.47% |
2018 | -14.3% | -58.5% | 34.6% | 12.55% |
2017 | 30.0% | -33.4% | 66.6% | 67.87% |
2016 | 2.9% | -11.5% | 241.3% | 75.26% |
Total Return Ranking - Trailing
Period | CNWAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 5.7% | -2.6% | 19.6% | 88.12% |
1 Yr | 23.3% | -19.1% | 95.4% | 59.11% |
3 Yr | 8.4%* | -9.8% | 28.3% | 18.83% |
5 Yr | 14.5%* | 0.6% | 29.2% | 40.00% |
10 Yr | 6.9%* | -1.0% | 10.1% | 14.53% |
* Annualized
Total Return Ranking - Calendar
Period | CNWAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2020 | 24.6% | -22.1% | 480.0% | 23.54% |
2019 | 23.0% | -14.7% | 42.0% | 22.47% |
2018 | -14.3% | -41.9% | 36.2% | 17.03% |
2017 | 32.5% | -24.0% | 66.6% | 67.40% |
2016 | 3.8% | -10.0% | 249.6% | 75.09% |
NAV & Total Return History
CNWAX - Holdings
Concentration Analysis
CNWAX | Category Low | Category High | CNWAX % Rank | |
---|---|---|---|---|
Net Assets | 54.7 B | 874 K | 105 B | 2.16% |
Number of Holdings | 540 | 1 | 5610 | 11.03% |
Net Assets in Top 10 | 9.64 B | 490 K | 27.4 B | 3.03% |
Weighting of Top 10 | 17.73% | 2.9% | 100.0% | 94.27% |
Top 10 Holdings
- Reliance Industries Ltd 2.52%
- Reliance Industries Ltd 2.52%
- Reliance Industries Ltd 2.52%
- Reliance Industries Ltd 2.52%
- Reliance Industries Ltd 2.52%
- Reliance Industries Ltd 2.52%
- Reliance Industries Ltd 2.52%
- Reliance Industries Ltd 2.52%
- Reliance Industries Ltd 2.52%
- Reliance Industries Ltd 2.52%
Asset Allocation
Weighting | Return Low | Return High | CNWAX % Rank | |
---|---|---|---|---|
Stocks | 91.76% | 43.59% | 102.11% | 92.62% |
Cash | 5.49% | -13.62% | 14.21% | 8.97% |
Bonds | 2.75% | -13.02% | 55.55% | 3.99% |
Preferred Stocks | 0.00% | 0.00% | 1.79% | 63.52% |
Other | 0.00% | -1.94% | 6.57% | 62.06% |
Convertible Bonds | 0.00% | 0.00% | 14.70% | 56.36% |
Stock Sector Breakdown
Weighting | Return Low | Return High | CNWAX % Rank | |
---|---|---|---|---|
Technology | 18.61% | 0.00% | 49.20% | 75.76% |
Financial Services | 15.26% | 0.00% | 49.08% | 68.82% |
Healthcare | 14.13% | 0.00% | 97.68% | 3.65% |
Consumer Cyclical | 14.05% | 0.00% | 44.60% | 63.09% |
Communication Services | 10.09% | 0.00% | 46.01% | 75.40% |
Basic Materials | 6.81% | 0.00% | 22.93% | 48.48% |
Industrials | 6.64% | 0.00% | 44.38% | 26.80% |
Consumer Defense | 6.41% | 0.00% | 28.17% | 54.45% |
Energy | 4.05% | 0.00% | 21.25% | 37.64% |
Real Estate | 2.01% | 0.00% | 21.02% | 44.70% |
Utilities | 1.94% | 0.00% | 36.71% | 27.28% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | CNWAX % Rank | |
---|---|---|---|---|
Non US | 71.91% | 0.00% | 101.41% | 96.73% |
US | 19.85% | 0.00% | 100.11% | 2.30% |
CNWAX - Expenses
Operational Fees
CNWAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.02% | 0.04% | 40.36% | 76.84% |
Management Fee | 0.52% | 0.00% | 2.00% | 10.82% |
12b-1 Fee | 0.22% | 0.00% | 1.00% | 18.97% |
Administrative Fee | 0.05% | 0.01% | 1.25% | 26.57% |
Sales Fees
CNWAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 3.50% | 0.40% | 5.75% | 89.38% |
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 | 40.00% | 0.00% | 420.00% | 39.55% |
CNWAX - Distributions
Dividend Yield Analysis
CNWAX | Category Low | Category High | CNWAX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 4.04% | 60.55% |
Dividend Distribution Analysis
CNWAX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annually | Annually | Annually | Annually |
Net Income Ratio Analysis
CNWAX | Category Low | Category High | CNWAX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.37% | -2.06% | 6.00% | 72.78% |
Capital Gain Distribution Analysis
CNWAX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Dividend Payout History
Date | Amount |
---|---|
Dec 24, 2018 | $0.546 |
Dec 22, 2017 | $0.615 |
Dec 23, 2016 | $0.454 |
Dec 24, 2015 | $0.266 |
Dec 29, 2014 | $0.457 |
Dec 27, 2013 | $0.536 |
Dec 27, 2012 | $0.695 |
Dec 28, 2011 | $0.757 |
Dec 28, 2010 | $0.773 |
Dec 23, 2009 | $0.572 |
Dec 24, 2008 | $0.519 |
Dec 28, 2005 | $0.728 |
Dec 20, 2004 | $0.548 |
Dec 19, 2003 | $0.605 |
Dec 20, 2002 | $0.270 |
CNWAX - Fund Manager Analysis
Managers
Nicholas Grace
Start Date
Tenure
Tenure Rank
Jan 01, 2008
13.09
13.1%
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
12.09
12.1%
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
12.09
12.1%
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
7.34
7.3%
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
5.09
5.1%
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
4.08
4.1%
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
1.34
1.3%
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
1.17
1.2%
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
Akira Shiraishi
Start Date
Tenure
Tenure Rank
Jan 01, 2021
0.08
0.1%
Akira Shiraishi is an equity portfolio manager at Capital Group. As an equity investment analyst he covers Japanese small- and mid-cap companies as a generalist. His investment experience began in 1998 and has been with Capital Group since 2004. Earlier in his career at Capital, his coverage included Asian health care companies, Japanese real estate, J-REITs, construction, home building and building materials, imaging, semiconductor & semiconductor equipment companies; Korean small-caps and U.S. semiconductor equipment companies. Prior to joining Capital, Akira was a portfolio manager and research analyst covering Japanese equities at Goldman Sachs Asset Management. Before that, he was an interest rates derivatives trader at UBS Securities. He holds a bachelor’s degree in economics from Lake Forest College as a Grew Scholar, graduating magna cum laude. He also holds the Chartered Financial Analyst® designation. Akira is based in Los Angeles.
Piyada Phanaphat
Start Date
Tenure
Tenure Rank
Jan 01, 2021
0.08
0.1%
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.01 | 33.95 | 5.75 | 1.17 |