New World Fund Quote
| RNWFX Fund | USD 78.09 0.35 0.45% |
Performance0 of 100
| Odds Of DistressLess than 22
|
New World is trading at 78.09 as of the 17th of January 2025; that is 0.45% up since the beginning of the trading day. The fund's open price was 77.74. New World has about a 22 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 18th of November 2024 and ending today, the 17th of January 2025. Click here to learn more.
The fund invests primarily in common stocks of companies with significant exposure to countries with developing economies andor markets. Under normal market conditions, the fund invests at least 35 percent of its assets in equity and debt securities of issuers primarily based in qualified countries that have developing economies andor markets.. More on New World Fund
Moving together with New Mutual Fund
New Mutual Fund Highlights
| Fund Concentration | American Funds, Large Growth Funds, Diversified Emerging Mkts Funds, Diversified Emerging Mkts, American Funds (View all Sectors) |
| Update Date | 31st of December 2024 |
New World Fund [RNWFX] is traded in USA and was established 17th of January 2025. New World is listed under American Funds category by Fama And French industry classification. The fund is listed under Diversified Emerging Mkts category and is part of American Funds family. This fund at this time has accumulated 36.01 B in assets with no minimum investment requirementsNew World Fund is currently producing year-to-date (YTD) return of 0.96% with the current yeild of 0.01%, while the total return for the last 3 years was -0.16%.
Check New World Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on New Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding New Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as New World Fund Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top New World Fund Mutual Fund Constituents
| BABA | Alibaba Group Holding | Stock | Consumer Discretionary | |
| AVGO | Broadcom | Stock | Information Technology | |
| AIR | AAR Corp | Stock | Industrials | |
| GOOG | Alphabet Inc Class C | Stock | Communication Services | |
| MA | Mastercard | Stock | Financials | |
| MSFT | Microsoft | Stock | Information Technology | |
| PYPL | PayPal Holdings | Stock | Financials | |
| ZLAB | Zai Lab | Stock | Health Care |
New World Fund Risk Profiles
| Mean Deviation | 0.5651 | |||
| Standard Deviation | 0.7528 | |||
| Variance | 0.5667 | |||
| Risk Adjusted Performance | (0.14) |
New World Against Markets
Other Information on Investing in New Mutual Fund
New World financial ratios help investors to determine whether New Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in New with respect to the benefits of owning New World security.
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