New World Mutual Fund Money Managers
| RNEBX Fund | USD 74.76 0.16 0.21% |
New World is run by 2 fund managers with a total tenure of about 25 years, averaging roughly 12.0 years of service per executive, having 0.5 employees per reported executive. Fund managers are in charge of implementing New World Fund investing strategy and managing its portfolio trading activities. Break down of New World's management performance can provide insight into the fund's overall performance. Note that fund manager's attribution analysis is becoming a valuable factor that both investors and analysts use to determine the amount of risk that may be associated with New World's future under-performance.
| Mark Denning Executive Fund Manager |
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| Robert Lovelace Money Manager Fund Manager since June 17, 1999 |
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New World Net Asset Comparison
New World Fund is rated fifth largest fund in net asset among similar funds. Total Asset Under Management (AUM) of Diversified Emerging Mkts category is currently estimated at about 282.55 Billion. New World retains roughly 36.01 Billion in net asset claiming about 13% of all funds under Diversified Emerging Mkts category.
New World Fund Benchmark Summation
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The output start index for this execution was zero with a total number of output elements of sixty-one. New World Fund Price Series Summation is a cross summation of New World price series and its benchmark/peer.
New World Notable Stakeholders
A New World stakeholder refers to an individual interested in an outcome of the business. Different stakeholders have different interests, and companies such as New World often face trade-offs trying to please all of them. New World's stakeholders can have a positive or negative influence on the entity's direction, and there are a lot of executives involved in getting New World's stock to the level that pleases all shareholders. Keeping track of the stakeholders is a great way to stay on top of things affecting its ongoing price.
| Mark Denning | Fund Manager | Profile | |
| Robert Lovelace | Fund Manager since June 17, 1999 | Profile |
About New World Management Performance
The success or failure of an entity such as New World Fund often depends on how effective the management is. New World management team is responsible for propelling the future growth in the right direction and administering and controlling the business activities and accounting for the results. Ineffective management usually contributes to failure in the company's future performance for all stakeholders equally, but most importantly, for investors. So it is important to measure the effectiveness of New management before purchasing its stock. In many ways, it's all about finding the answer to one important question - Are they doing the right thing right now? How would we assess whether the New management is utilizing all available resources in the best possible way? Also, how well is the company doing relative to others in its sector and the market as a whole? The answer can be found by analyzing a few important fundamental indicators such as return on assets and return on equity.
The fund invests primarily in common stocks of companies with significant exposure to countries with developing economies andor markets. Under normal market conditions, the fund invests at least 35 percent of its assets in equity and debt securities of issuers primarily based in qualified countries that have developing economies andor markets.
Please note that past performance is not an indicator of the future performance of New World, its manager's success, or the effectiveness of its strategy. The performance results shown here may have been adversely or favorably impacted by events and economic conditions that may not prevail in the future. Therefore, you must use caution to infer that these results indicate any fund, manager, or strategy's future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in New World Fund. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. Note that the New World Fund information on this page should be used as a complementary analysis to other New World's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.