FNFWX Fees and Costs — New World Fund INC, Class 529-F-2
Data updated: 2026-09-28
The net expense ratio is 0.69%: a 0.50% management fee plus 0.19% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $39.0M in broker commissions, 0.0587% of average net assets, and portfolio turnover was 37%.
FNFWX Fees and Expenses
Annual operating expenses and sales charges of FNFWX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.50% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.19% |
| Gross expense ratio | 0.69% |
| Fee waiver | — |
| Net expense ratio | 0.69% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | 0.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
FNFWX Costs Over Time
On $10,000 invested in FNFWX, assuming 5% a year before costs, total costs come to $471 over 5 years, cutting the return by 0.79% 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 0.69%) | $72 | $227 | $394 |
| Trading costs (broker commissions) | $6 | $19 | $34 |
| Lost growth on money paid in costs | $0 | $12 | $43 |
| Total costs | $79 | $258 | $471 |
| Value after costs | $10,421 | $11,318 | $12,292 |
| Impact on return, per year | 0.79% | 0.79% | 0.79% |
FNFWX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0587%
- Total broker commissions: $39.0M
- Bought from dealers (principal trades, not a cost): $3.3B
- Portfolio turnover (prospectus): 37%
- Securities on loan, average value: $239.3M
- Net income from securities lending: $1.7M (0.002% of average net assets)
FNFWX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $4.5M | 16.60% |
| Morgan Stanley & Co. LLC | $4.0M | 14.77% |
| Bank of America, N.A. | $3.3M | 12.07% |
| J.P. Morgan Securities LLC | $3.1M | 11.53% |
| Jefferies & Company Inc. | $2.6M | 9.53% |
| UBS AG | $2.2M | 8.24% |
| CLSA B.V. | $2.2M | 7.98% |
| Citigroup Global Markets Inc. | $2.0M | 7.46% |
| Macquarie Bank Limited | $1.9M | 7.07% |
| EFG Hermes International Securities Brokerage S.A.E | $1.3M | 4.75% |
FNFWX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Bank of America, N.A. | $634.4M | 24.05% |
| Goldman Sachs & Co. LLC | $362.0M | 13.72% |
| HSBC Holdings PLC | $331.0M | 12.55% |
| Morgan Stanley & Co. LLC | $270.3M | 10.25% |
| Citigroup Global Markets Inc. | $261.3M | 9.91% |
| J.P. Morgan Securities LLC | $189.7M | 7.19% |
| Banco Santander S.A. | $174.0M | 6.60% |
| CIMB Bank Berhad | $154.9M | 5.87% |
| Standard Chartered Bank | $141.8M | 5.38% |
| Barclays Bank PLC | $118.2M | 4.48% |
New World Fund INC Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| FNWFX | Class F-3 | 0.57% | none |
| RNWGX | Class R-6 | 0.57% | none |
| FWWNX | Class 529-F-3 | 0.62% | none |
| RNWFX | Class R-5 | 0.62% | none |
| NFFFX | Class F-2 | 0.68% | none |
| FNFWX | Class 529-F-2 | 0.69% | none |
| RNWHX | Class R-5E | 0.72% | none |
| RNWEX | Class R-4 | 0.92% | none |
| NEWFX | Class A | 0.96% | 5.75% |
| NWFFX | Class F-1 | 0.96% | none |
| TNWFX | Class T | 0.96% | 2.50% |
| CNWAX | Class 529-A | 0.98% | 3.50% |
| CNWFX | Class 529-F-1 | 1.01% | none |
| TWNFX | Class 529-T | 1.01% | 2.50% |
| CNWEX | Class 529-E | 1.20% | none |
| RNWCX | Class R-3 | 1.22% | none |
| RNEBX | Class R-2E | 1.37% | none |
| RNWAX | Class R-1 | 1.66% | none |
| RNWBX | Class R-2 | 1.66% | none |
| NEWCX | Class C | 1.72% | none |
| CNWCX | Class 529-C | 1.77% | none |
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.