American Funds New World F2 (NFFFX)
American Funds New World F2 operates in the Asset Management industry of the Financial Services sector, headquartered in Los Angeles, CA, US. The stock last traded at $107.16, up 0.61% on the session, giving a market capitalisation of $91.81B. Its beta of 0.94 implies it has historically moved less than the broad market.
This fund primarily allocates capital to common shares of companies with significant business operations in, or exposure to, nations characterized by developing economies or markets. Under ordinary circumstances, the fund commits at least 35% of its total assets to equity and fixed-income instruments issued by entities predominantly situated in eligible countries classified as having developing economies or markets.
American Funds New World F2 is most often compared with the following Financial Services names: