American Funds New World Fund® Class R-6 (RNWGX)
The fund focuses on investing in common stocks of companies with exposure to developing economies and markets, with at least 35% of assets allocated to equity and debt securities in qualified countries with developing economies.
Fund Info
| ISIN | US6492808158 |
|---|---|
| Issuer | American Funds |
| Inception Date | Aug 1, 2008 |
| Category | Emerging Markets Diversified |
| Min. Investment | $250 |
| Asset Class | Multi-Asset |
Asset Class Size | Large-Cap |
Asset Class Style | Growth |
Expense Ratio
RNWGX features an expense ratio of 0.57%, falling within the medium range.
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: RNWGX vs. GTRAX, RNWGX vs. FTIHX, RNWGX vs. VTWAX, RNWGX vs. VFWAX, RNWGX vs. VTTSX, RNWGX vs. VITSX, RNWGX vs. VFIAX, RNWGX vs. FNWFX, RNWGX vs. RERGX, RNWGX vs. FXAIX
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in American Funds New World Fund® Class R-6, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
American Funds New World Fund® Class R-6 had a return of 8.19% year-to-date (YTD) and 13.92% in the last 12 months. Over the past 10 years, American Funds New World Fund® Class R-6 had an annualized return of 6.54%, while the S&P 500 had an annualized return of 11.31%, indicating that American Funds New World Fund® Class R-6 did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 8.19% | 24.72% |
| 1 month | -3.44% | 2.30% |
| 6 months | -0.47% | 12.31% |
| 1 year | 13.92% | 32.12% |
| 5 years (annualized) | 6.22% | 13.81% |
| 10 years (annualized) | 6.54% | 11.31% |
Monthly Returns
The table below presents the monthly returns of RNWGX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -1.29% | 4.07% | 2.43% | -1.62% | 2.50% | 0.82% | -0.39% | 3.04% | 4.19% | -4.09% | 8.19% | ||
| 2023 | 7.62% | -3.85% | 3.09% | 1.30% | -1.78% | 5.49% | 3.70% | -4.10% | -4.19% | -3.09% | 7.55% | 4.57% | 16.26% |
| 2022 | -6.22% | -4.53% | 0.14% | -8.64% | 0.82% | -7.51% | 4.28% | -2.64% | -8.28% | 2.49% | 10.58% | -2.95% | -21.77% |
| 2021 | 0.15% | 1.90% | -1.21% | 4.42% | 2.87% | 1.79% | -2.72% | 2.36% | -4.37% | 2.05% | -3.77% | 1.97% | 5.09% |
| 2020 | -2.21% | -5.79% | -15.45% | 9.80% | 6.40% | 6.61% | 6.16% | 4.77% | -2.72% | 0.12% | 11.91% | 6.54% | 25.30% |
| 2019 | 8.12% | 2.66% | 2.96% | 2.36% | -4.94% | 6.74% | 0.16% | -2.55% | 1.68% | 3.03% | 1.78% | 4.02% | 28.51% |
| 2018 | 5.82% | -3.59% | -0.66% | -0.60% | -0.68% | -2.60% | 2.12% | -2.93% | -0.84% | -7.09% | 2.64% | -3.66% | -12.00% |
| 2017 | 5.14% | 2.00% | 3.21% | 3.22% | 2.15% | 0.60% | 3.83% | 1.76% | 1.60% | 2.58% | 0.77% | 2.17% | 33.07% |
| 2016 | -5.96% | -1.47% | 8.21% | 1.40% | -0.30% | 1.05% | 4.57% | 1.03% | 0.74% | -1.18% | -3.79% | 0.64% | 4.30% |
| 2015 | 0.28% | 3.60% | -0.88% | 2.32% | -0.89% | -1.50% | -1.47% | -7.71% | -3.30% | 6.49% | 0.00% | -2.00% | -5.61% |
| 2014 | -4.58% | 5.08% | 0.31% | 0.14% | 3.48% | 1.31% | -1.77% | 0.54% | -3.88% | 0.97% | 0.07% | -2.88% | -1.65% |
| 2013 | 1.96% | -0.67% | 0.25% | 2.42% | -1.06% | -4.24% | 3.59% | -2.82% | 6.96% | 3.06% | 0.35% | 2.10% | 12.03% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of RNWGX is 25, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for American Funds New World Fund® Class R-6 (RNWGX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
American Funds New World Fund® Class R-6 provided a 1.54% dividend yield over the last twelve months, with an annual payout of $1.25 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.25 | $1.25 | $0.89 | $0.74 | $0.38 | $1.25 | $0.84 | $0.88 | $0.71 | $0.52 | $4.09 | $2.21 |
Dividend yield | 1.54% | 1.66% | 1.33% | 0.86% | 0.44% | 1.78% | 1.47% | 1.31% | 1.37% | 1.03% | 7.65% | 3.77% |
Monthly Dividends
The table displays the monthly dividend distributions for American Funds New World Fund® Class R-6. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.25 | $1.25 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.89 | $0.89 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.74 | $0.74 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.38 | $0.38 |
| 2019 | $0.00 | $0.00 | $0.24 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.01 | $1.25 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.84 | $0.84 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.88 | $0.88 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.71 | $0.71 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.52 | $0.52 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $4.09 | $4.09 |
| 2013 | $2.21 | $2.21 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the American Funds New World Fund® Class R-6. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the American Funds New World Fund® Class R-6 was 33.40%, occurring on Oct 14, 2022. The portfolio has not yet recovered.
The current American Funds New World Fund® Class R-6 drawdown is 7.28%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -33.4% | Sep 8, 2021 | 279 | Oct 14, 2022 | — | — | — |
| -32.08% | Jan 21, 2020 | 44 | Mar 23, 2020 | 82 | Jul 20, 2020 | 126 |
| -24.16% | May 3, 2011 | 107 | Oct 3, 2011 | 318 | Jan 10, 2013 | 425 |
| -23.34% | Jul 7, 2014 | 405 | Feb 11, 2016 | 277 | Mar 20, 2017 | 682 |
| -21.04% | Jan 29, 2018 | 229 | Dec 24, 2018 | 216 | Nov 1, 2019 | 445 |
Volatility
Volatility Chart
The current American Funds New World Fund® Class R-6 volatility is 3.10%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.