American Funds SMALLCAP World R1 (RSLAX)
American Funds SMALLCAP World R1 operates in the Asset Management industry of the Financial Services sector, headquartered in Los Angeles, CA, US. The stock last traded at $70.85, up 0.85% on the session, giving a market capitalisation of $95.29B. Its beta of 1.17 implies it has historically moved more than the broad market.
Typically, this fund dedicates at least 80% of its net assets to equity and equity-related securities, such as common, preferred, and convertible stocks and bonds. These investments focus on companies with smaller market valuations, including those identified for their growth prospects. Additionally, a significant portion of its portfolio is ordinarily allocated to non-U.S. markets, specifically encompassing developing economies.
American Funds SMALLCAP World R1 is most often compared with the following Financial Services names: