Notable companies
The most notable companies in this group are Microsoft Corp (NASDAQ:MSFT), Meta Platforms (NASDAQ:META), Broadcom Inc. (NASDAQ:AVGO), Eli Lilly & Co (NYSE:LLY).
Industry description
The investment seeks long-term capital appreciation.
The fund invests primarily in common stocks of companies with significant exposure to countries with developing economies and/or markets. Under normal market conditions, the fund invests at least 35% of its assets in equity and debt securities of issuers primarily based in qualified countries that have developing economies and/or markets.
Market Cap
The average market capitalization across the American Funds New World R1 MF is 907.42B. The market cap for tickers in the group ranges from 2.26B to 3.15T. MSFT holds the highest valuation in this group at 3.15T. The lowest valued company is AIR at 2.26B.
Volume
The average weekly volume growth across all stocks in the American Funds New World R1 MF was 76%. For the same stocks of the MF, the average monthly volume growth was 43% and the average quarterly volume growth was 4%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 68
P/E Growth Rating: 65
Price Growth Rating: 37
SMR Rating: 48
Profit Risk Rating: 21
Seasonality Score: 35 (-100 ... +100)