New World Fund Quote

RNEBX Fund  USD 78.62  0.11  0.14%   


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Odds Of Distress

Less than 21

New World is trading at 78.62 as of the 18th of June 2024; that is -0.14 percent down since the beginning of the trading day. The fund's open price was 78.73. New World has about a 21 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for New World Fund are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of June 2022 and ending today, the 18th of June 2024. Click here to learn more.
The fund invests primarily in common stocks of companies with significant exposure to countries with developing economies andor markets. Under normal market conditions, the fund invests at least 35 percent of its assets in equity and debt securities of issuers primarily based in qualified countries that have developing economies andor markets.. More on New World Fund

New Mutual Fund Highlights

Fund ConcentrationAmerican Funds, Large Growth Funds, Diversified Emerging Mkts Funds, Diversified Emerging Mkts, American Funds (View all Sectors)
Update Date30th of June 2024
New World Fund [RNEBX] is traded in USA and was established 18th of June 2024. New World is listed under American Funds category by Fama And French industry classification. The fund is listed under Diversified Emerging Mkts category and is part of American Funds family. This fund at this time has accumulated 36.01 B in assets with no minimum investment requirementsNew World Fund is currently producing year-to-date (YTD) return of 6.73% with the current yeild of 0.01%, while the total return for the last 3 years was -3.18%.
Check New World Probability Of Bankruptcy

Instrument Allocation

Sector Allocation

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on New Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding New Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as New World Fund Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Top New World Fund Mutual Fund Constituents

GGALGrupo Financiero GaliciaStockFinancials
AIRAAR CorpStockIndustrials
AVGOBroadcomStockInformation Technology
BABAAlibaba Group HoldingStockConsumer Discretionary
FBMeta PlatformsStockInternet Content & Information
GOOGAlphabet Inc Class CStockCommunication Services
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New World Fund Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. New World market risk premium is the additional return an investor will receive from holding New World long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in New World. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although New World's alpha and beta are two of the key measurements used to evaluate New World's performance over the market, the standard measures of volatility play an important role as well.

New World Against Markets

Other Information on Investing in New Mutual Fund

New World financial ratios help investors to determine whether New Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in New with respect to the benefits of owning New World security.
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Fundamental Analysis
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