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SMALLCAP WORLD FUND INC (Prospectus Summary) | SMALLCAP WORLD FUND INC
SMALLCAP World Fund®
Investment objective
The fund's investment objective is to provide you with long-term growth of
capital.
Fees and expenses of the fund
This table describes the fees and expenses that you may pay if you buy and hold
shares of the fund. You may qualify for sales charge discounts if you and your
family invest, or agree to invest in the future, at least $25,000 in American
Funds. More information about these and other discounts is available from your
financial professional and in the "Sales charge reductions and waivers" section
on page 26 of the prospectus and on page 61 of the fund's statement of
additional information.
Shareholder fees (fees paid directly from your investment)
Shareholder Fees SMALLCAP WORLD FUND INC (USD $)
Class A
Class B
Class C
Class F-1
Class F-2
Class 529-A
Class 529-B
Class 529-C
Class 529-E
Class 529-F-1
Class R-1
Class R-2
Class R-3
Class R-4
Class R-5
Class R-6
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) 5.75% none none none none 5.75% none none none none none none none none none none
Maximum deferred sales charge (load) (as a percentage of the amount redeemed) 1.00% [1] 5.00% 1.00% none none 1.00% [1] 5.00% 1.00% none none none none none none none none
Maximum sales charge (load) imposed on reinvested dividends none none none none none none none none none none none none none none none none
Redemption or exchange fees none none none none none none none none none none none none none none none none
Maximum annual account fee (529 share classes only)           10 10 10 10 10            
[1] A contingent deferred sales charge of 1.00% applies on certain redemptions within one year following purchases of $1 million or more made without an initial sales charge.
Annual fund operating expenses (expenses that you pay each year as a percentage of the value of your investment)
Annual Fund Operating Expenses SMALLCAP WORLD FUND INC
Class A
Class B
Class C
Class F-1
Class F-2
Class 529-A
Class 529-B
Class 529-C
Class 529-E
Class 529-F-1
Class R-1
Class R-2
Class R-3
Class R-4
Class R-5
Class R-6
Management fees 0.64% 0.64% 0.64% 0.64% 0.64% 0.64% 0.64% 0.64% 0.64% 0.64% 0.64% 0.64% 0.64% 0.64% 0.64% 0.64%
Distribution and/or service (12b-1) fees 0.23% 1.00% 1.00% 0.25% none 0.20% 0.99% 0.99% 0.50% none 0.99% 0.74% 0.50% 0.25% none none
Other expenses 0.27% 0.26% 0.29% 0.23% 0.19% 0.35% 0.38% 0.37% 0.31% 0.35% 0.23% 0.51% 0.28% 0.19% 0.14% 0.09%
Total annual fund operating expenses 1.14% 1.90% 1.93% 1.12% 0.83% 1.19% 2.01% 2.00% 1.45% 0.99% 1.86% 1.89% 1.42% 1.08% 0.78% 0.73%
Example
This example is intended to help you compare the cost of investing in
the fund with the cost of investing in other mutual funds.

The example assumes that you invest $10,000 in the fund for the time periods
indicated and then redeem all of your shares at the end of those periods. The
example also assumes that your investment has a 5% return each year and that the
fund's operating expenses remain the same.
Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Expense Example SMALLCAP WORLD FUND INC (USD $)
Expense Example, with Redemption, 1 Year
Expense Example, with Redemption, 3 Years
Expense Example, with Redemption, 5 Years
Expense Example, with Redemption, 10 Years
Class A
685 917 1,168 1,885
Class B
693 998 1,228 2,028
Class C
296 605 1,040 2,250
Class F-1
114 356 617 1,364
Class F-2
84 264 459 1,022
Class 529-A
709 970 1,250 2,038
Class 529-B
723 1,068 1,338 2,223
Class 529-C
322 665 1,132 2,420
Class 529-E
167 497 848 1,833
Class 529-F-1
121 354 604 1,313
Class R-1
189 586 1,007 2,183
Class R-2
192 595 1,022 2,214
Class R-3
145 451 778 1,706
Class R-4
110 343 594 1,314
Class R-5
79 248 431 960
Class R-6
74 232 404 902
For the share classes listed below, you would pay the following if you did not redeem your shares:
Expense Example, No Redemption SMALLCAP WORLD FUND INC (USD $)
Expense Example, No Redemption, 1 Year
Expense Example, No Redemption, 3 Years
Expense Example, No Redemption, 5 Years
Expense Example, No Redemption, 10 Years
Class B
193 598 1,028 2,028
Class C
196 605 1,040 2,250
Class 529-B
223 668 1,138 2,223
Class 529-C
222 665 1,132 2,420
Portfolio turnover
The fund pays transaction costs, such as commissions, when it buys and sells
securities (or "turns over" its portfolio). A higher portfolio turnover rate may
indicate higher transaction costs and may result in higher taxes when fund shares
are held in a taxable account. These costs, which are not reflected in annual fund
operating expenses or in the example, affect the fund's investment results. During
the most recent fiscal year, the fund's portfolio turnover rate was 35% of the
average value of its portfolio.
Principal investment strategies
Normally the fund invests at least 80% of its net assets in growth-oriented
common stocks and other equity-type securities (such as preferred stocks,
convertible preferred stocks and convertible bonds) of companies with small
market capitalizations. The investment adviser currently defines "small market
capitalization" companies to be companies with market capitalizations of $4.0
billion or less. The investment adviser has periodically re-evaluated and
adjusted this definition and may continue to do so in the future. The fund may
continue to hold securities of a portfolio company that subsequently appreciates
above the small market capitalization threshold. Because of this, the fund may
have less than 80% of its net assets in small market capitalization stocks at
any given time. Under normal circumstances, the fund will invest a significant
portion of its assets outside the United States, including in emerging markets.

The investment adviser uses a system of multiple portfolio counselors in
managing the fund's assets. Under this approach, the portfolio of the fund is
divided into segments managed by individual counselors who decide how their
respective segments will be invested.

The fund relies on the professional judgment of its investment adviser to make
decisions about the fund's portfolio investments. The basic investment philosophy
of the investment adviser is to seek to invest in attractively valued companies
that, in its opinion, represent good, long-term investment opportunities. The
investment adviser believes that an important way to accomplish this is through
fundamental analysis, which may include meeting with company executives and
employees, suppliers, customers and competitors. Securities may be sold when
the investment adviser believes that they no longer represent relatively
attractive investment opportunities.
Principal risks
This section describes the principal risks associated with the fund's principal
investment strategies. You may lose money by investing in the fund. The
likelihood of loss may be greater if you invest for a shorter period of time.
Investors in the fund should have a long-term perspective and be able to
tolerate potentially sharp declines in value.

Market conditions - The prices of, and the income generated by, the securities
held by the fund may decline due to market conditions and other factors,
including those directly involving the issuers of securities held by the fund.

Investing in growth-oriented stocks - Growth-oriented stocks may involve larger
price swings and greater potential for loss than other types of investments.
These risks may be even greater in the case of smaller capitalization stocks.

Investing in small companies - Investing in smaller companies may pose
additional risks. For example, it is often more difficult to value or dispose
of small company stocks and more difficult to obtain information about smaller
companies than about larger companies. In addition, the prices of these stocks
may be more volatile than stocks of larger, more established companies.

Investing outside the United States - Securities of issuers domiciled outside
the United States, or with significant operations outside the United States, may
lose value because of adverse political, social, economic or market developments
in the countries or regions in which the issuer operates. These securities may
also lose value due to changes in foreign currency exchange rates against the
U.S. dollar and/or currencies of other countries.  Securities markets in certain
countries may be more volatile and/or less liquid than those in the United States.
Investments outside the United States may also be subject to different settlement
and accounting practices and different regulatory, legal and reporting standards,
and may be more difficult to value, than those in the United States. The risks
of investing outside the United States may be heightened in connection with
investments in emerging markets.

Investing in emerging markets - Investing in emerging markets may involve risks
in addition to and greater than those generally associated with investing in
developed countries. For instance, developing countries may have less developed
legal and accounting systems than those in developed countries. The governments
of these countries may be less stable and more likely to impose capital
controls, nationalize a company or industry, place restrictions on foreign
ownership and on withdrawing sale proceeds of securities from the country,
and/or impose punitive taxes that could adversely affect the prices of
securities. In addition, the economies of these countries may be dependent on
relatively few industries that are more susceptible to local and global changes.
Securities markets in these countries can also be relatively small and have
substantially lower trading volumes. As a result, securities issued in these
countries may be more volatile and less liquid, and may be more difficult to
value, than securities issued in countries with more developed economies and/or
markets. Additionally, there may be increased settlement risks for transactions
in local securities.

Management - The investment adviser to the fund actively manages the fund's
investments. Consequently, the fund is subject to the risk that the methods and
analyses employed by the investment adviser in this process may not produce the
desired results. This could cause the fund to lose value or its investment
results to lag relevant benchmarks or other funds with similar objectives.

Your investment in the fund is not a bank deposit and is not insured or
guaranteed by the Federal Deposit Insurance Corporation or any other
governmental agency, entity or person. You should consider how this fund
fits into your overall investment program.
Investment results
The following bar chart shows how the fund's investment results have varied from
year to year, and the following table shows how the fund's average annual total
returns for various periods compare with broad measures of market results. This
information provides some indication of the risks of investing in the fund. The
Lipper Global Small-Cap Funds Average includes the fund and other funds that
disclose investment objectives and/or strategies reasonably comparable to the
fund's objective and/or strategies. The Consumer Price Index provides a
comparison of the fund's results to inflation. Past investment results (before
and after taxes) are not predictive of future investment results. Updated
information on the fund's investment results can be obtained by visiting
americanfunds.com.
The following bar chart shows how the fund's investment results have varied from
year to year, and the following table shows how the fund's average annual total
returns for various periods compare with broad measures of market results.
Calendar year total returns for Class A shares (Results do not include a sales charge; if a sales charge were included, results would be lower.)
Bar Chart
Highest/Lowest quarterly results during this period were:

Highest 28.08% (quarter ended June 30, 2009)

Lowest -27.37% (quarter ended December 31, 2008)

The fund's total return for the nine months ended September 30, 2012, was 18.36%.
After-tax returns are shown only for Class A shares, after-tax returns for other
share classes will vary. After-tax returns are calculated using the highest
individual federal income tax rates in effect during each year of the periods
shown and do not reflect the impact of state and local taxes. Your actual
after-tax returns depend on your individual tax situation and likely will differ
from the results shown above. In addition, after-tax returns are not relevant if
you hold your fund shares through a tax-favored arrangement, such as a 401(k) plan,
individual retirement account (IRA) or 529 college savings plan.
Average annual total returns For the periods ended December 31, 2011 (with maximum sales charge):
Average Annual Total Returns SMALLCAP WORLD FUND INC
Label
1 Year
5 Years
10 Years
Since Inception
Inception Date
Class A
Share class A - Before taxes (19.27%) (1.71%) 6.11% 8.46% Apr. 30, 1990
Class B
Share class B - Before taxes (19.25%) (1.65%) 6.09% 0.39% Mar. 15, 2000
Class C
Share class C - Before taxes (15.85%) (1.29%) 5.92% 5.32% Mar. 15, 2001
Class F-1
Share class F-1 - Before taxes (14.35%) (0.51%) 6.75% 6.09% Mar. 15, 2001
Class F-2
Share class F-2 - Before taxes (14.11%)     0.57% Aug. 01, 2008
Class 529-A
Share class 529-A - Before taxes (19.32%) (1.74%)   6.78% Feb. 19, 2002
Class 529-B
Share class 529-B - Before taxes (19.34%) (1.73%)   6.60% Feb. 20, 2002
Class 529-C
Share class 529-C - Before taxes (15.91%) (1.37%)   6.45% Feb. 20, 2002
Class 529-E
Share class 529-E - Before taxes (14.61%) (0.86%)   6.39% Mar. 15, 2002
Class 529-F-1
Share class 529-F-1 - Before taxes (14.22%) (0.37%)   10.04% Sep. 17, 2002
Class R-1
Share class R-1 - Before taxes (14.99%) (1.28%)   6.93% Jun. 19, 2002
Class R-2
Share class R-2 - Before taxes (15.01%) (1.36%)   6.35% May 31, 2002
Class R-3
Share class R-3 - Before taxes (14.61%) (0.85%)   7.47% Jun. 20, 2002
Class R-4
Share class R-4 - Before taxes (14.33%) (0.50%)   9.60% Jul. 24, 2002
Class R-5
Share class R-5 - Before taxes (14.08%) (0.20%)   7.15% May 15, 2002
Class R-6
Share class R-6 - Before taxes (14.03%)     17.44% May 01, 2009
After Taxes on Distributions Class A
Share class A - After taxes on distributions (19.26%) (2.07%) 5.67%   Apr. 30, 1990
After Taxes on Distributions and Sales Class A
Share class A - After taxes on distributions and sale of fund shares (12.43%) (1.36%) 5.39%   Apr. 30, 1990
MSCI All Country World Small Cap Index
MSCI All Country World Small Cap Index (reflects no deductions for sales charges, account fees, expenses or taxes) (11.30%) 0.31% 8.86%   Apr. 30, 1990
Lipper Global Small-Cap Funds Average
Lipper Global Small-Cap Funds Average (reflects no deductions for sales charges, account fees or taxes) (12.63%) (1.42%) 6.33% 8.67% Apr. 30, 1990
Consumer Price Index
Consumer Price Index 2.96% 2.26% 2.48% 2.62% Apr. 30, 1990