C000023922 Fees and Costs — New World Fund, Class 1
Data updated: 2026-08-27
The net expense ratio is 0.57%: a 0.58% management fee plus 0.07% other expenses, less a 0.08% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $2.3M in broker commissions, 0.0617% of average net assets, and portfolio turnover was 49%.
C000023922 Fees and Expenses
Annual operating expenses and sales charges of C000023922. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.58% |
| 12b-1 fee | — |
| Other expenses | 0.07% |
| Gross expense ratio | 0.65% |
| Fee waiver | −0.08% |
| Net expense ratio | 0.57% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
C000023922 Costs Over Time
On $10,000 invested in C000023922, assuming 5% a year before costs, total costs come to $398 over 5 years, cutting the return by 0.66% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.57%) | $60 | $187 | $326 |
| Trading costs (broker commissions) | $6 | $20 | $35 |
| Lost growth on money paid in costs | $0 | $10 | $36 |
| Total costs | $66 | $218 | $398 |
| Value after costs | $10,434 | $11,358 | $12,365 |
| Impact on return, per year | 0.66% | 0.66% | 0.66% |
C000023922 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0617%
- Total broker commissions: $2.3M
- Bought from dealers (principal trades, not a cost): $181.5M
- Portfolio turnover (prospectus): 49%
- Securities on loan, average value: $7.5M
- Net income from securities lending: $54K (0.001% of average net assets)
C000023922 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $286K | 17.35% |
| Morgan Stanley & Co. LLC | $250K | 15.17% |
| J.P. Morgan Securities LLC | $212K | 12.87% |
| Jefferies & Company Inc. | $179K | 10.88% |
| Bank of America, N.A. | $174K | 10.52% |
| UBS AG | $153K | 9.29% |
| Citigroup Global Markets Inc. | $122K | 7.39% |
| CLSA B.V. | $106K | 6.45% |
| Macquarie Bank Limited | $93K | 5.62% |
| EFG Hermes International Securities Brokerage S.A.E | $74K | 4.46% |
C000023922 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Bank of America, N.A. | $39.1M | 26.02% |
| Goldman Sachs & Co. LLC | $21.3M | 14.16% |
| HSBC Holdings PLC | $18.9M | 12.55% |
| Citigroup Global Markets Inc. | $15.0M | 9.95% |
| Morgan Stanley & Co. LLC | $12.2M | 8.09% |
| Banco Santander S.A. | $11.6M | 7.72% |
| Standard Chartered Bank | $8.9M | 5.91% |
| J.P. Morgan Securities LLC | $8.6M | 5.73% |
| CIMB Bank Berhad | $7.8M | 5.19% |
| Jefferies & Company Inc. | $7.0M | 4.68% |
New World Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000023922 | Class 1 | 0.57% | — |
| C000023923 | Class 2 | 0.82% | — |
| C000176241 | Class 1A | 0.82% | — |
| C000121509 | Class 4 | 1.07% | — |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.