American Funds New World Fund Class R-6 (RNWGX)
American Funds New World Fund Class R-6 operates in the Asset Management industry of the Financial Services sector, headquartered in Los Angeles, CA, US. The stock last traded at $108.55, up 0.34% on the session, giving a market capitalisation of $91.43B. Its beta of 0.94 implies it has historically moved less than the broad market.
This fund predominantly allocates its capital to common shares of businesses with substantial exposure to nations characterized by developing economies or markets. Under typical market conditions, at least 35% of the fund's assets are dedicated to both equity and fixed-income instruments issued by entities primarily based in qualified countries exhibiting developing economies or markets.
American Funds New World Fund Class R-6 is most often compared with the following Financial Services names: