Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

T. Rowe Price Latin America Fund (PRLAX)

Net Asset Value
1 Day
Overall Morningstar Rating
Latin america stock
Style or Category
No Load
Sales Expenses
Expense Ratio
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.


1 month+4.76% 3 years-15.20%
3 months-12.56% 5 years-12.74%
1 year-33.47% Since inception+5.63%
Data through --

Peer Comparisonvs. Latin america stock

Performance 5-yr return-12.74%-13.09%
Expense ratio1.31%1.75%
Risk 5 year sharpe ratio-0.53-0.54
Net assets$510.6M$162.6M
Average market cap$15.1B$11.0B
Average P/E16.313.3
Portfolio turnover21%21%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

Fund Management and Purchase Info

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


International stock96.58%
U.S. stock2.06%
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
-- 11.63%
ABEV Ambev7.16%
-- 6.99%
BSMX Grupo Financiero Santander Mexico SAB de CV3.94%
-- 3.87%
-- 3.81%
-- 3.81%
FMX Fomento Economico Mexicano SAB de CV3.79%
AMX America Movil SAB de CV3.69%
-- 3.55%

Partner Offers