NEW WORLD INVESTMENT FUND
SC 13E4/A, 1995-06-13
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  Filed with the Securities and Exchange Commission on June 13, 1995
 
File No. 811-5779
File No. 33-90354
 
                   SECURITIES AND EXCHANGE COMMISSION
                        Washington, D.C.  20549
                            SCHEDULE 13E-4
 
                     ISSUER TENDER OFFER STATEMENT
(Pursuant to Section 13(e)(1) of the Securities Exchange Act of 1934)
                            Amendment No. 1
 
                      NEW WORLD INVESTMENT FUND
                          (Name of Issuer)
                  (Name of Person(s) Filing Statement)
 
          SHARES OF BENEFICIAL INTEREST, $.001 Par Value Per Share
                    (Title of Class of Securities)
 
                            (648902 10 4)     
                (CUSIP Number of Class of Securities)
 
                       Roberta A. Conroy, Esq.
                    Vice President and Secretary
                      New World Investment Fund
                  11100 Santa Monica Blvd., 15th Floor
                     Los Angeles, California 90025
                          (310) 996-6000          
   (Name, Address and Telephone Number of Person Authorized to Receive
 
Notices and Communications on Behalf of Person(s) Filing Statement)
 
                            Copies to:
                       Robert W. Helm, Esq.
                      Dechert Price & Rhoads
                        1500 K Street, N.W.
                     Washington, D.C.  20005
                          (202) 626-3300
 
 
                               June 12, 1995          
     (Date Tender Offer First Published, Sent or Given to Security Holders)
 
      This amendment No. 1 to the Issuer Tender Offer Statement on Schedule
13E-4 of New World Investment Fund (the "Fund") relating to an offer to
purchase (the "Offer") 629,424 of the Fund's shares of beneficial interest, par
value $.001 per share (the "Shares"), originally filed with the Securities and
Exchange Commission on June 12, 1995, constitutes an amendment pursuant to Rule
13E-4 (c) (2) under the Securities Exchange Act of 1934 and General Instruction
D of Schedule 13E-4.  The purpose of this amendment is to correct the dates
listed in the Letter to Shareholders.
 
      The Issuer Tender Offer Statement on Schedule 13E-4 was originally
scheduled to begin on June 9, 1995, but was filed later on June 12, 1995.  The
change in the dates was unfortunately not incorporated into the Letter to
Shareholders which listed the mail date of June 9, 1995 and the termination
date as July 7, 1995.  The letter that was mailed to Shareholders reflected the
correct mail date of June 12, 1995 and termination date of July 14, 1995.
 
 
                                   SIGNATURE
 
      After due inquiry and to the best of my knowledge and behalf, I certify
that the information set forth in this statement is true, complete and correct.
 
June 13, 1995                                  NEW WORLD INVESTMENT FUND
                                               /s/ Roberta A. Conroy
                                               -----------------------------
                                               Roberta A. Conroy, Esq.
                                               Vice President and Secretary


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