American Funds New World Fund Cl F-1Shs (NWFFX)
American Funds New World Fund Cl F-1Shs operates in the Asset Management industry of the Financial Services sector, headquartered in Los Angeles, CA, US. The stock last traded at $106.62, up 0.62% on the session, giving a market capitalisation of $90.60B. Its beta of 0.94 implies it has historically moved less than the broad market.
The fund seeks to achieve significant growth in its capital over an extended period. Its primary focus is on investing in common stocks of companies that possess substantial involvement in, or derive significant revenue from, developing economies and emerging global markets. Typically, a minimum of 35% of its assets are allocated to both equity and fixed-income securities issued by entities predominantly based in qualified developing or emerging market nations.
American Funds New World Fund Cl F-1Shs is most often compared with the following Financial Services names: