Morningstar® Investment Profile™   Morningstar®
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American Funds IS® New World 1
Release date as of 2022-05-31. Data on page is subject to change.
Snapshot Ratings & Risk Portfolio Nuts & Bolts
  Morningstar Report
Overall Morningstar
Rating™
What is this?
As of 2022-05-31
Out of 731
Diversified Emerging Mkts Funds
Morningstar®
Style Box™
What is this?
As of 2022-03-31
Total Fund Assets ($ Mil)
3,461.97
View Historical Morningstar Star Ratings and Definitions
  Investment Objective & Strategy  
The investment seeks long-term capital appreciation.
The fund invests primarily in common stocks of companies with significant exposure to countries with developing economies and/or markets. It may also invest in debt securities of issuers, including issuers of lower rated bonds (rated Ba1 or below and BB+ or below by Nationally Recognized Statistical Rating Organizations designated by the fund's investment adviser or unrated but determined to be of equivalent quality by the fund's investment adviser), with exposure to these countries.
  Morningstar Category: Diversified Emerging Mkts
Diversified emerging-markets portfolios tend to divide their assets among 20 or more nations, although they tend to focus on the emerging markets of Asia and Latin America rather than on those of the Middle East, Africa, or Europe. These portfolios invest predominantly in emerging market equities, but some funds also invest in both equities and fixed income investments from emerging markets. 
  Investment Risks
Foreign Securities Funds/Emerging Market Funds: Risks include, but are not limited to, currency risk, political risk, and risk associated with varying accounting standards. Investing in emerging markets may accentuate these risks.
  Portfolio Profile
Asset Allocation
% of Net Assets
Bullet U.S. Stocks U.S. Stocks 23.9
Bullet Non-U.S. Stocks Non-U.S. Stocks 65.1
Bullet Bonds Bonds 3.2
Bullet Cash Cash 7.4
Bullet Other Other 0.4
Asset Allocation Rescaled Graph
Data through 2022-03-31
Morningstar Equity Sectors
% of Stocks
Cyclical 39.69
Basic Materials 11.08
Consumer Cyclical 11.30
Financial Services 15.68
Real Estate 1.63
Sensitive 39.28
Communication Services 6.64
Energy 4.21
Industrials 9.40
Technology 19.03
Defensive 21.03
Consumer Defensive 6.06
Healthcare 13.21
Utilities 1.76
Data through 2022-03-31
Morningstar World Regions
% Fund
Americas 40.6
North America 29.7
Latin America 10.9
Greater Europe 21.9
United Kingdom 3.0
Europe Developed 16.7
Europe Emerging 0.2
Africa/Middle East 1.9
Greater Asia 37.6
Japan 2.5
Australasia 1.0
Asia Developed 7.3
Asia Emerging 26.8
Data through 2022-03-31
Holding Status
Total Number of Stock Holdings 371
Total Number of Bond Holdings 168
% of Net Assets in Top 10 Holdings 24.56
Turnover % (as of 2021-12-31) 43.00
30 Day SEC Yield % 0.64
Top Holdings
Sector Country % of Net
Assets
Capital Group Central Cash M --- United States 7.74
Microsoft Corp United States 3.28
Reliance Industries Ltd India 2.46
Taiwan Semiconductor Manufacturing Co Ltd Taiwan 2.25
First Quantum Minerals Ltd Canada 1.88
Kotak Mahindra Bank Ltd India 1.83
Kweichow Moutai Co Ltd Class A China 1.42
Alphabet Inc Class C United States 1.34
Vale SA ADR Brazil 1.19
Thermo Fisher Scientific Inc United States 1.17
Data through 2022-03-31
  Principal Risks   
Emerging Markets, Foreign Securities, Long-Term Outlook and Projections, Loss of Money, Not FDIC Insured, Growth Investing, Active Management, Issuer, Market/Market Volatility, High-Yield Securities, Restricted/Illiquid Securities, Fixed-Income Securities, Small Cap
Show Risk Definitions
  Other Information
Inception Date: 1999-06-17
Portfolio Manager(s)
Jonathan Knowles   (2020-05-01)
Jonathan Knowles is an equity portfolio manager at Capital Group. He has 29 years of investment experience, all with Capital Group. Earlier in his career, as an equity investment analyst at Capital, Jonathan covered pharmaceuticals, chemicals, support services and small-cap companies. He holds an MBA from INSEAD, France, and a PhD in immunovirology and bachelor' s degree in veterinary science from the University of Liverpool, U.K., where he was a Wellcome Foundation Research Scholar. Jonathan is based in Singapore.
Nicholas J. Grace   (2012-07-18)
Nicholas J. Grace Portfolio Manager London office Nick Grace is an equity portfolio manager at Capital Group. He has 31 years of investment experience and has been with Capital Group for 26 years. Earlier in his career, as an equity investment analyst at Capital, he covered global mining companies. Prior to joining Capital, he was manager of metals research for J.P. Morgan Investment Management in Australia. Nick holds an MBA from the University of Wisconsin-Madison, and a bachelor’s degree in finance and economics from the University of Waikato, New Zealand, graduating with honors. He also holds the Chartered Financial Analyst® designation. Nick is based in London.
Akira Shiraishi   (2020-05-01)
Akira Shiraishi is an equity portfolio manager at Capital Group. Earlier in his career at Capital, as an equity investment analyst, his coverage included Asian health care companies, Japanese real estate, J-REITs, construction, home building and building materials, imaging, semiconductor & semiconductor equipment companies; Korean small-caps and U.S. semiconductor equipment companies and Japanese small- and mid-cap companies as a generalist. Prior to joining Capital, Akira was a portfolio manager and research analyst covering Japanese equities at Goldman Sachs Asset Management. Before that, he was an interest rates derivatives trader at UBS Securities. He holds a bachelor’s degree in economics from Lake Forest College as a Grew Scholar, graduating magna cum laude. He also holds the Chartered Financial Analyst® designation. Akira is based in Los Angeles.
Lisa B. Thompson   (2020-05-01)
Lisa Thompson is an equity portfolio manager at Capital Group. She has been with the investment industry since 1988 and has been with Capital Group since 1994. Earlier in her career, as an equity investment analyst at Capital, Lisa covered companies in Latin America, emerging Europe, West Asia and Africa. Before joining Capital, Lisa was a securities analyst at Goldman, Sachs & Co. She was also a securities analyst and quantitative analyst at the Nomura Research Institute in New York. She holds a bachelor’s degree in mathematics from the University of Pennsylvania and the Chartered Financial Analyst® designation. Lisa is based in New York. Investment professional for 32 years in total; 25 years with Capital Research and Management Company or affiliate
Christopher M. Thomsen   (2020-05-01)
Christopher Thomsen is an equity portfolio manager at Capital Group. He has 24 years of investment experience, all with Capital Group. Earlier in his career at Capital, as an equity investment analyst, he covered European and Asian media companies, Hong Kong-based utilities, property companies, conglomerates, and small-cap companies along with generalist coverage of other companies domiciled in Hong Kong and the Philippines. Prior to joining Capital, Chris worked as a corporate finance analyst for Citibank NA. He holds an MBA from Columbia Business School and a bachelor’s degree in international economics from the School of Foreign Service at Georgetown University. Chris is based in London.
Bradford F. Freer   (2017-01-01)
Bradford F. Freer is an equity portfolio manager at Capital Group. Brad has 29 years of investment experience and has been with Capital Group for 28 years. Earlier in his career at Capital, he was an equity investment analyst covering multiple sectors as a generalist in both Australia and India. Before that he was an equities trader in both Singapore and Hong Kong. Brad was also a participant in The Associates Program, a two-year series of work assignments in various areas of the Capital organization. He holds a bachelor’s degree in international relations from Connecticut College, as well as the Chartered Financial Analyst® designation. Brad is based in London.
Winnie Kwan   (2020-05-01)
Winnie Kwan is an equity portfolio manager at Capital Group. She has 25 years of investment experience and has been with Capital Group for 22 years. Earlier in her career, as an equity investment analyst at Capital, she covered global exchanges, Asian utilities and small-cap companies. Prior to joining Capital, Winnie worked with Morgan Stanley in London, Hong Kong and Singapore. She holds both master’s and bachelor’s degrees in economics from Trinity College at the University of Cambridge. She also holds the Chartered Financial Analyst® designation. Winnie is based in Hong Kong.
Kirstie Spence   (2019-12-01)
Kirstie Spence is a fixed income portfolio manager at Capital Group. She has 26 years of investment experience, all with Capital Group. Earlier in her career at Capital, Kirstie was a fixed income investment analyst and her coverage included sovereign debt in emerging markets with a focus on Europe, the Middle East, Africa and Latin America, as well as European telecommunications as a credit analyst. Kirstie began her career at Capital as a participant in The Associates Program, a two-year series of work assignments in various areas of the organization. She holds a master’s degree with honors in German and international relations from the University of St. Andrews, Scotland. Kirstie is based in London.
Tomonori Tani   (2018-07-02)
Tomonori Tani is an equity portfolio manager at Capital Group. He has 23 years of investment experience and has been with Capital Group for 17 years. Earlier in his career at Capital, he was an equity investment analyst covering Asian (excluding Australia and India) banks and financials. Prior to joining Capital, he was an analyst and team leader for the Japanese financial sector with Fidelity Investments Japan and a portfolio manager of Fidelity Select Financial Service Fund.
Dawid Justus   (2022-05-01)
Dawid Justus is an equity portfolio manager at Capital Group. As an equity investment analyst, he covers European small-capitalization companies and also Africa as a generalist. Earlier in his career at Capital he covered European business services and South African financial and industrial companies. Prior to joining Capital, he was an equity analyst with Putnam Investments. He also served as a consultant at Gemini Consulting and was a logistics-planning manager at Unilever South Africa.
Piyada Phanaphat   (2017-04-30)
Piyada Phanaphat is an equity portfolio manager at Capital Group. As an equity analyst, she covers Asian energy, cement and small-cap companies. She has 19 years of investment experience and has been with Capital Group for 14 years. Prior to joining Capital, Piyada worked in corporate finance at J.P. Morgan Hong Kong and as an equity research analyst at UBS Thailand. Piyada holds an MBA from Harvard Business School and both a master’s degree and a bachelor’s degree in electrical engineering and computer science from Massachusetts Institute of Technology. Piyada is based in Hong Kong.
Robert W. Lovelace   (2020-05-01)
Robert W. Lovelace is vice chair and president of Capital Group, chief executive officer of Capital Research and Management Company, part of Capital Group, and chair of the Capital Group Management Committee. He is also an equity portfolio manager. Rob has 35 years of investment experience, all with Capital Group. Earlier in his career, Rob was an equity investment analyst at Capital covering global mining & metals companies and companies domiciled in Mexico and the Philippines.
Carl M. Kawaja   (1999-06-17)
Carl M. Kawaja is chair of Capital Research and Management Company, part of Capital Group. He is also an equity portfolio manager. Carl has 35 years of investment experience and has been with Capital Group for 30 years. Earlier in his career, as an equity investment analyst at Capital, he covered global household products and U.S. personal care companies, along with Canadian companies. Before joining Capital, Carl was a security analyst for Gabelli & Company in New York, as well as an equity analyst for Lévesque Beaubien in Montreal.
Investment Advisor(s)
Capital Research and Management Company
Issuer
American Funds
Subadvisor(s)
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