New World Fund
AMERICAN FUNDS INSURANCE SERIES
Fund classification
Classified from what the fund holds · as of 2026 Q2
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
Fund profile
As filed in the prospectus · 2026 Q2
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.
| Share class | Gross | Net |
|---|---|---|
| C000023922 | 0.65% | 0.57% |
| C000023923 | 0.90% | 0.82% |
| C000121509 | 1.15% | 1.07% |
| C000176241 | 0.90% | 0.82% |
Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.
Portfolio turnover 49.00% · as of 2026 Q2
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| 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.
Sector allocation
The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2
| International | 77.2% |
| Information Technology | 7.4% |
| Cash | 2.9% |
| Communication Services | 2.5% |
| 10 smaller | 10.1% |
Government, Securitized and Cash are non-corporate buckets; International is foreign holdings we don’t sector-classify, and Other is the residual (held funds, unresolved names).
Latest quarter
What changed since the fund's previous filing
Largest new: MITSUI KINZOKU CO LTD, ADANI PORTS & SPECIAL ECONOMIC ZONE LTD, MURATA MANUFACTURING CO LTD, PUBLIC POWER CORP SA, HYUNDAI MOBIS CO LTD, LENOVO GROUP LTD, HD HYUNDAI MARINE SOLUTION CO LTD, ADANI GREEN ENERGY LTD
Largest exited: SAFRAN SA, GRUPO AEROPORTUARIO DEL PACIFICO SAB DE CV, DSV A/S, PROSUS NV, GRUPO FINANCIERO BANORTE SAB DE CV, PERNOD RICARD SA, ODONTOPREV SA, CVX
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026
May 2026 and Jun 2026 have been filed since the trailing figures were struck, so they are 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.
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.
Holdings
By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page
| Ticker | Issuer | %NAV | Reported price | Value | Shares |
|---|---|---|---|---|---|
| — | TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD | 10.04% | $76.79 | $452.23M | 5.9M |
| — | SK HYNIX INC | 6.96% | $1,764.32 | $313.52M | 177.7K |
| CMQXX | CAPITAL GROUP CENTRAL CASH FUNDCMQXX | 2.93% | — | $132.10M | — |
| — | SAMSUNG ELECTRONICS CO LTD | 2.59% | $218.62 | $116.89M | 534.7K |
| — | TENCENT HOLDINGS LTD | 1.85% | $55.11 | $83.32M | 1.5M |
| AVGO | BROADCOM INCAVGO | 1.57% | $377.75 | $70.77M | 187.4K |
| NVDA | NVIDIA CORPNVDA | 1.46% | $200.09 | $65.65M | 328.1K |
| — | INTERNATIONAL CONTAINER TERMINAL SERVICES INC | 1.33% | $14.60 | $60.15M | 4.1M |
| MELI | MERCADOLIBRE INCMELI | 1.26% | $1,697.39 | $56.65M | 33.4K |
| — | MEDIATEK INC | 1.13% | $136.55 | $50.79M | 371.9K |
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.
Top 10 positions are 31.11% of net assets, top 25 43.65%, across 458 issuers.
See more of this fund's book
More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.
Sign in free