Mark Denning - New World Fund Manager since June 17, 1999
| NFFFX Fund | USD 77.18 1.16 1.53% |
Wahid Butt has Served as an equity portfolio manager in Capital Research and Management Company. Mr. Butt has joined in the firm since 2004.
| Tenure | 25 years |
| Phone | 800-421-4225 |
New World Management Performance (%)
The fund invests primarily in common stocks of companies with significant exposure to countries with developing economies andor markets. New World is traded on NASDAQ Exchange in the United States. The fund is listed under Diversified Emerging Mkts category and is part of American Funds family.
New World Fund Leadership Team
Elected by the shareholders, the New World's board of directors comprises two types of representatives: New World inside directors who are chosen from within the company, and outside directors, selected externally and held independent of New. The board's role is to monitor New World's management team and ensure that shareholders' interests are well served. New World's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, New World's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Mark Denning, Fund Manager since June 17, 1999 | ||
| Robert Lovelace, Fund Manager |
New Fund Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right mutual fund is not an easy task. Is New World a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Price To Earning | 18.23 X | ||||
| Price To Book | 2.07 X | ||||
| Price To Sales | 1.65 X | ||||
| Total Asset | 48.18 B | ||||
| Annual Yield | 0.01 % | ||||
| Year To Date Return | 0.86 % | ||||
| One Year Return | 8.40 % | ||||
| Three Year Return | (2.70) % | ||||
| Five Year Return | 5.74 % | ||||
| Ten Year Return | 6.15 % |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards New World in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, New World's short interest history, or implied volatility extrapolated from New World options trading.
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Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in New World Fund. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in census. Note that the New World Fund information on this page should be used as a complementary analysis to other New World's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.