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American Funds New World R4 (RNWEX)

77.06 +0.20 (+0.26%)
At close: 8:00 PM EDT

Fund Summary

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.

American Funds New World R4

Los Angeles, CA 90071-1447
333 South Hope Street
(213) 486-9200

Fund Overview

Category Diversified Emerging Mkts
Fund Family American Funds
Net Assets 57.19B
YTD Return 5.13%
Yield 1.24%
Morningstar Rating
Inception Date Aug 01, 2008

Fund Operations

Last Dividend 0.99
Last Cap Gain 16.00
Holdings Turnover 32.00%
Average for Category --

Fees & Expenses

Expense RNWEX Category Average
Annual Report Expense Ratio (net) 0.68% 1.23%
Prospectus Net Expense Ratio 0.68% --
Prospectus Gross Expense Ratio 0.68% --
Max 12b1 Fee -- --
Max Front End Sales Load -- 5.18%
Max Deferred Sales Load -- 1.16%
3 Yr Expense Projection 0 --
5 Yr Expense Projection 0 --
10 Yr Expense Projection 0 --

Management Information

Carl M. Kawaja, Lead Manager since June 17, 1999
Carl M. Kawaja is chair of Capital Research and Management Company, part of Capital Group. He is also an equity portfolio manager. Carl has 37 years of investment industry experience and has been with Capital Group for 32 years. 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.

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. When necessary, we may change a category assignment based on recent changes to the portfolio.

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