![]() This is on top of an expense ratio of 1.07 percent, which Morningstar classifies as low. The fund normally charges a front-end sales load of 5.75 percent, which means out of every $10,000, $9,425 is invested with the remaining $575 going toward sales commissions. The fund's top holdings are in Samsung Electronics, Taiwan Semiconductor Manufacturing, HDFC Bank, Alphabet and AIA Group.Īccording to Morningstar, the fund places in the 75th percentile of its category for the trailing 12 months, the 36th percentile for the trailing three years, the 11th percentile for the trailing five years and the 13th percentile for the trailing 10 years as of May 2017. Morningstar says of the fund, “While American Funds New World is unlikely to top the charts when emerging markets are at their best, it should outperform through a market cycle by losing less in downturns.”Īs of June 27, 2023, the fund has assets totaling almost $51.28 billion invested in 594 different holdings. ![]() Companies based in these countries often have superior growth prospects, but may be exposed to risks from political or economic instability as well. The American Funds New World Fund falls into Morningstar’s diversified emerging markets category, meaning that the managers invest primarily in the stocks of companies domiciled in developing markets countries. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |