The American Funds - New World Fund Inc Class R-5 Shares (RNWFX) is a mutual fund that focuses on investing in companies located in emerging markets around the world. This fund aims to provide long-term capital growth by investing in a diverse range of industries and sectors, including technology, healthcare, and consumer goods. With a focus on companies with strong growth potential, this fund offers investors the opportunity to participate in the growth of emerging economies. The R-5 shares class is designed for larger investors and has a lower expense ratio compared to other share classes, making it an attractive option for those looking to maximize their returns.