

The monthly returns are then compounded to arrive at the annual return. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. These returns cover a period from Januthrough May 15, 2023. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.17% per year. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. and Morningstar, Inc.Ĭopyright 2023 Zacks Investment Research | 10 S Riverside Plaza Suite #1600 | Chicago, IL 60606Īt the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. Forbes Media, LLC Investor's Business Daily, Inc. Each of the company logos represented herein are trademarks of Microsoft Corporation Dow Jones & Company Nasdaq, Inc. This page has not been authorized, sponsored, or otherwise approved or endorsed by the companies represented herein. NEWFX American Funds New World A Fund Class Information Class Name Chart for American Funds New World Fund A NEWFX Capital gains, if any, are usually distributed in December. The fund invests at least 35% of assets in securities of issuers based in qualified developing countries. The fund invests in common stocks and other equity-type securities, corporate and government bonds, and cash and equivalents.

The fund also invests in bonds offering exposure to developing countries. The fund invests in securities of issuers based in 'qualified developing countries,' as well as in equity securities of issuers based in the developed world with significant assets or revenues attributable to developing countries. This fund seeks to provide long-term growth of capital by investing in stocks and bonds with significant exposure to countries that have developing economies and/or markets. The fund was incepted in June 1999 and is managed by Capital Research and Management Company. View the Zacks Mutual Fund Rank Guide Fund Description Zacks Mutual Fund Rank FAQ - Learn more about the Zacks Mutual Fund Rank Zacks Mutual Fund Rank Home - All Zacks Rank resources in one place Zacks Premium - The only way to get access to the Zacks Rank This is our Mutual Fund rating system that serves as a timeliness indicator for Mutual Fund's over the next 6 months: Zacks Rank
