American Funds New World Fund Class A (NEWFX) is a publicly traded company in the Financial Services sector, operating within the Asset Management industry. The company is headquartered in Los Angeles, CA, United States.
NEWFX has IPO date of 1999-06-17, listed on the NASDAQ, a market capitalization of $74.87B.
American Funds New World Fund Class A is an equity-focused investment fund that seeks exposure to companies with significant operations in developing economies and emerging markets. Under normal market conditions, the fund maintains at least 35% of its assets in equity and debt securities issued by companies primarily based in qualifying countries with developing economies or emerging market characteristics. By concentrating on growth opportunities in these developing regions, the fund aims to provide investors with diversified access to international emerging market securities.
