T. Rowe Price Latin America Fund (PRLAX)

26.82
Net Asset Value
+0.49%
1 Day
+9.20%
Year-to-Date
Overall Morningstar Rating
Latin america stock
Style or Category
No Load
Sales Expenses
1.38%
Expense Ratio
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. It is non-diversified.

Performance

1 month+2.09% 3 years+11.14%
3 months+8.30% 5 years-0.05%
1 year+22.47% Since inception+7.81%
Data through --

Peer Comparisonvs. Latin america stock

 PRLAXCategory
Performance 5-yr return-0.05%-3.67%
Expense ratio1.38%1.58%
Risk 5 year sharpe ratio0.080.04
Net assets$759.2M$470.9M
Average market cap$9.7B$11.1B
Average P/E19.814.2
Portfolio turnover28%28%

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 / 3 Years
Minimal initial investment$2,500.00
Minimum IRA investment$1,000.00

Holdings

International stock97.30%
Fixed income1.52%
U.S. stock1.18%
Cash0.00%
Other0.00%
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
-- 11.13%
-- 8.81%
-- 5.73%
-- 5.10%
ABEV Ambev4.53%
-- 4.04%
-- 3.42%
-- 3.27%
-- 2.69%
-- 2.64%