NFFFX - American Funds New World F2

Nasdaq - Nasdaq Delayed price. Currency in USD

American Funds New World F2

New World Fund Inc

333 South Hope Street

Los Angeles, CA 90071-1447

Management information
Mark Denning,Lead manager since 16 June 1999
Mark E. Denning is an equity portfolio manager at Capital Group. He has 36 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.
Morningstar style box
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Morningstar category
While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. Where necessary, we may change a category assignment based on recent changes to the portfolio.

Fund overview

CategoryDiversified Emerging Mkts
Fund familyAmerican Funds
Net assets40.54B
YTD return18.19%
Morningstar rating★★★★★
Inception date31 Jul 2008

Fund operations

Last dividend0.00
Last cap gain0.00
Holdings turnover37.00%
Average for categoryN/A

Fees and expenses

ExpenseNFFFXCategory average
Annual report expense ratio (net)0.72%1.35%
Prospectus net expense ratio0.72%N/A
Prospectus gross expense ratio0.72%N/A
Max 12b1 feeN/AN/A
Max front end sales loadN/A5.08%
Max deferred sales loadN/A1.14%
3-yr expense projection230N/A
5-yr expense projection401N/A
10-yr expense projection894N/A