Noriko Chen - American Funds Fund Manager
| CDWFX Fund | USD 10.28 0.16 1.58% |
Noriko Honda Chen is an equity portfolio manager at Capital Group. She also serves on the Capital Group Management Committee. She has 26 years of investment experience and was with Capital Group for 18 years. Earlier in her career, as an equity investment analyst at Capital, Noriko covered Asian infrastructure, building materials and construction companies, as well as oil, gas refining companies. She was also a research director for one of the global groups. Before joining Capital, she worked in the research department of Worldsec International Limited in Hong Kong and was a manager in corporate finance. Noriko holds a bachelors degree in economics from Williams College and a degree in the Japanese Language Bekka Program at Keio University, Tokyo. Noriko is based in San Francisco.
| Phone | 800-421-4225 |
American Funds Management Performance (%)
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American Funds Developing Leadership Team
Elected by the shareholders, the American Funds' board of directors comprises two types of representatives: American Funds inside directors who are chosen from within the company, and outside directors, selected externally and held independent of American. The board's role is to monitor American Funds' management team and ensure that shareholders' interests are well served. American Funds' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, American Funds' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Noriko Chen, Fund Manager | ||
| Shaw Wagener, Fund Manager |
American 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 American Funds 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 | 15.33 X | |||
| Price To Book | 2.27 X | |||
| Price To Sales | 1.63 X | |||
| Total Asset | 3.29 B | |||
| Annual Yield | 0.02 % | |||
| Year To Date Return | 0.79 % | |||
| One Year Return | 2.55 % | |||
| Three Year Return | (6.96) % | |||
| Five Year Return | 0.43 % | |||
| Net Asset | 2.9 B |
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 American Funds 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, American Funds' short interest history, or implied volatility extrapolated from American Funds options trading.
Pair Trading with American Funds
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if American Funds position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in American Funds will appreciate offsetting losses from the drop in the long position's value.Moving together with American Mutual Fund
| 0.9 | VEMAX | Vanguard Emerging Markets | PairCorr |
| 0.9 | VEIEX | Vanguard Emerging Markets | PairCorr |
| 0.9 | VEMIX | Vanguard Emerging Markets | PairCorr |
| 0.9 | VEMRX | Vanguard Emerging Markets | PairCorr |
| 0.97 | FWWNX | American Funds New | PairCorr |
The ability to find closely correlated positions to American Funds could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace American Funds when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back American Funds - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling American Funds Developing to buy it.
The correlation of American Funds is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as American Funds moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if American Funds Developing moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for American Funds can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Funds Developing. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as various price indices. Note that the American Funds Developing information on this page should be used as a complementary analysis to other American Funds' 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 Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.