T. Rowe Price Latin America Fund (PRLAX)

21.73
Net Asset Value
+1.16%
1 Day
-27.59%
Year-to-Date
Overall Morningstar Rating
Latin america stock
Style or Category
No Load
Sales Expenses
1.25%
Expense Ratio
Above Average
Morningstar Risk Rating™
Investment Objective The investment seeks long-term growth of capital through investments primarily in the common stocks of companies located (or with primary operations) in Latin America. The fund normally invests at least 80% of its net assets (including any borrowings for investment purposes) in Latin American companies. Under normal conditions, at least four countries will be represented in the fund's portfolio. The fund may purchase the stocks of companies of any size. While the fund invests with an awareness of the outlook for industry sectors and individual countries within the region, bottom-up stock selection is the focus of the decision-making. It is non-diversified.

Performance

1 month-8.71% 3 years-6.33%
3 months-19.74% 5 years-5.90%
1 year-12.90% Since inception+7.88%
Data through --

Peer Comparisonvs. Latin america stock

 PRLAXCategory
Performance 5-yr return-5.90%+0.34%
Expense ratio1.25%1.77%
Risk 5 year sharpe ratio-0.080.00
Net assets$867.0M$298.3M
Average market cap$17.0B$15.0B
Average P/E18.816.5
Portfolio turnover13%13%

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Fund Management and Purchase Info

Fund familyT. Rowe Price
Fund manager & tenureGonzalo Pangaro / 0 Years
Minimal initial investment$2,500.00
Minimum IRA investment$1,000.00

Holdings

International stock91.04%
Other5.86%
Cash1.19%
U.S. stock1.02%
Fixed income0.89%
Top 5 Sectors
Portfolio weighting
Financial service 31.57%
Industrial materials 28.10%
Energy 14.05%
Telecommunication 8.42%
Consumer goods 7.49%
Top 10 Holdings
Portfolio weighting
-- Itau Unibanco Holding S.A.9.16%
PBRA Petroleo Brasileiro SA Petrobras ADR6.95%
ABEV Ambev SA ADR5.15%
-- Wal - Mart de Mexico SAB de CV Class V4.65%
FMX Fomento Economico Mexicano SAB de CV ADR4.24%
-- Lojas Renner SA4.14%
-- Bank Bradesco Pfd Shs4.13%
-- BRF SA3.86%
AMX America Movil SAB de CV ADR3.45%
-- Grupo Financiero Banorte SAB de CV Class O3.36%

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