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 developing countries. The securities markets of these countries may be referred to as emerging markets or frontier markets. Under normal market conditions, the fund invests at least 35% of its assets in equity and debt securities of issuers domiciled in qualified developing countries.
Market Cap
The average market capitalization across the American Funds New World F3 MF is 1.05T. The market cap for tickers in the group ranges from 4.35B to 3.05T. MSFT holds the highest valuation in this group at 3.05T. The lowest valued company is AIR at 4.35B.
Volume
The average weekly volume growth across all stocks in the American Funds New World F3 MF was 67%. For the same stocks of the MF, the average monthly volume growth was 75% and the average quarterly volume growth was 76%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 44
P/E Growth Rating: 84
Price Growth Rating: 51
SMR Rating: 31
Profit Risk Rating: 33
Seasonality Score: -36 (-100 ... +100)