New World Fund
Actively managed emerging-markets stock fund
As of its 2026 Q2 report, New World Fund held 610 positions with $4.51B in net assets. Its ten largest holdings made up 31.1% of the fund. Its share classes cost 0.57%–1.07% a year. Over the 12 months to May 2026, it returned 36.4%, with dividends reinvested. In 2026 Q2 it added 74 new positions and exited 83.
The funds investment objective is long-term capital appreciation.
The fund invests primarily in common stocks of companies with significant exposure to developing countries, selecting securities based on the adviser's judgment that they represent attractively valued, long-term opportunities; it may also hold debt securities, including lower-rated bonds, of issuers in or with material ties to developing countries. Under normal conditions, at least 35% of assets are in securities of issuers domiciled in qualified developing countries. The fund's portfolio is divided among multiple portfolio managers, each managing separate segments.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD | 10.04% | $452.23M | 5.9M | $76.79 |
SK HYNIX INC | 6.96% | $313.52M | 177.7K | $1,764.32 |
CMQXXCAPITAL GROUP CENTRAL CASH FUND | 2.93% | $132.10M | — | — |
SAMSUNG ELECTRONICS CO LTD | 2.59% | $116.89M | 534.7K | $218.62 |
TENCENT HOLDINGS LTD | 1.85% | $83.32M | 1.5M | $55.11 |
AVGOBROADCOM INC | 1.57% | $70.77M | 187.4K | $377.75 |
NVDANVIDIA CORP | 1.46% | $65.65M | 328.1K | $200.09 |
INTERNATIONAL CONTAINER TERMINAL SERVICES INC | 1.33% | $60.15M | 4.1M | $14.60 |
MELIMERCADOLIBRE INC | 1.26% | $56.65M | 33.4K | $1,697.39 |
MEDIATEK INC | 1.13% | $50.79M | 371.9K | $136.55 |
Reported price is the fund's own reported value divided by its own reported shares at 2026-06-30 — not a live quote, and not what the fund paid.
The 200 largest of 610 holdings, with the share counts as filed, open with a free account.
What the fund is made of
Percentages are of fund net assets. Rounding, liabilities and short positions can make totals differ from 100%.
| Stocks | 95.02% |
| Cash & short-term | 2.93% |
| Bonds | 2.18% |
| Derivatives | -0.00% |
The outer band is exposure held short — written against the portfolio rather than part of it, which is why it sits outside the ring and why the two are never netted into one figure.
Derivatives are shown at market value, not notional exposure.
By sector
- International
- 77.2%
- Information Technology
- 7.4%
- Cash
- 2.9%
- Communication Services
- 2.5%
- 10 other sectors
- 10.1%
- International
- 77.2%
- Information Technology
- 7.4%
- Cash
- 2.9%
- Communication Services
- 2.5%
- Consumer Discretionary
- 2.0%
- Industrials
- 2.0%
- Government
- 1.9%
- Financials
- 1.3%
- Health Care
- 1.1%
- Other
- 0.6%
- Materials
- 0.5%
- Consumer Staples
- 0.3%
- Energy
- 0.2%
- Real Estate
- 0.1%
How it has done
C000023922 share class · total returns with dividends reinvested
Volatility over the last 12 months: 17.33%. Past returns are a record, not a forecast.
Jun 2026 has been filed since the trailing figures were struck, so it is not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
This fund changed legal form during the period shown. The history above is continuous — it spans both eras, and the change is not a gap in reporting.
Fees & fund details
New World Fund is an actively managed emerging-markets equity fund.
- Asset class
- Equity
- Region
- Emerging markets
- Management
- Actively managed
- Fund type
- Open-end fund
- Expense ratio, by class
- 0.57% – 1.07%
- Portfolio turnover
- 49.00% a year · as of 2026 Q2
Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.
Turnover is how much of the portfolio was replaced in a year.
Classified from what the fund holds, not from its name · 2026 Q2. The summary is a paraphrase of the prospectus; the objective is verbatim.
What changed this quarter
Positions that entered or left the fund since its previous filing. Positions that were only resized are not listed.
74 new· the largest 8
83 exited· the largest 8
Debt profile
What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-06-30
Share of the fund's debt by how its coupon behaves — the fact that decides whether a rate move reaches this portfolio at all.
| Fixed rate | 97.4% |
| Floating rate | 2.6% |
Share of the fund's debt value in each maturity band, shortest first.
| <1y | 2.6% |
| 1-3y | 4.7% |
| 3-5y | 23.6% |
| 5-10y | 37.1% |
| 10y+ | 32.0% |
Based on what filers reported; a filer that never reported a flag also reads as none.
Understand how this fund fits with the rest.
Explore shared holdings, compare funds and follow their businesses with your connected AI:
- “Where do my funds overlap — this fund, QQQ and the fund in my 401(k)?”
- “How do this fund’s ten biggest holdings stack up against each other?”
- “For my target-date fund, what’s the real stock-and-bond mix once you look through it?”