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Capital Group New World Fund (LUX) Z

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Morningstar Rating™(Relative to Category)30/04/2022
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearHighAverage5 star
5-YearHighBelow Average5 star
10-Year*HighLow5 star
Overall*HighBelow Average5 star
 
Category :  Global Emerging Markets EquityClick here to see our Methodology
1 Year Daily Volatility Chart (annualised)
  • Capital Group New World Fund (LUX) Z
  • MSCI EM NR USD
%
Volatility Measurements30/04/2022
 
3-Yr Std Dev14.86 %
3-Yr Mean Return7.89 %
 
3-Yr Sharpe Ratio0.50
 
Modern Portfolio Statistics30/04/202230/04/2022
 Standard IndexBest Fit Index
 MSCI EM NR USD  Cat 60%MSCI ACWI NR&40%MKBP Composite
3-Yr Beta0.931.47
3-Yr Alpha3.32-0.35
 
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* This share class has performance data calculated prior to the inception date, 2016-10-28. This is based upon a simulated/extended track record, using the track record of American Funds New World A (ISIN: US6492801047), and is in accordance with Morningstar’s Extended Performance Methodology paper. To find out more about this, click here.
In order to provide consistency across the report data provided by different Asset Managers, the calculated data points presented are generated using Morningstar’s proprietary calculation methodology which is set out in more detail at(https://www.morningstar.com/research/signature)
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The Morningstar Star Rating for Stocks is assigned based on an analyst's estimate of a stocks fair value. It is projection/opinion and not a statement of fact. Morningstar assigns star ratings based on an analyst’s estimate of a stock's fair value. Four components drive the Star Rating: (1) our assessment of the firm’s economic moat, (2) our estimate of the stock’s fair value, (3) our uncertainty around that fair value estimate and (4) the current market price. This process culminates in a single-point star rating that is updated daily. A 5-star represents a belief that the stock is a good value at its current price; a 1-star stock isn't. If our base-case assumptions are true the market price will converge on our fair value estimate over time, generally within three years. Investments in securities are subject to market and other risks. Past performance of a security may or may not be sustained in future and is no indication of future performance. For detail information about the Morningstar Star Rating for Stocks, please visit here

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