T. Rowe Price Africa & Middle East Fund (TRAMX)

10.42
Net Asset Value
+0.97%
1 Day
+15.39%
Year-to-Date
Overall Morningstar Rating
Miscellaneous region
Style or Category
No Load
Sales Expenses
1.47%
Expense Ratio
Low
Morningstar Risk Rating™
Investment Objective The investment seeks long-term growth of capital by investing primarily in the common stocks of companies located (or with primary operations) in Africa and the Middle East. The fund will normally invest at least 80% of its net assets (including any borrowings for investment purposes) in African and Middle Eastern companies. It 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 fund's managers decision-making. It is non-diversified.

Performance

1 month+4.30% 3 years+16.11%
3 months+4.83% 5 years+13.25%
1 year+27.25% Since inception+2.42%
Data through --

Peer Comparisonvs. Miscellaneous region

 TRAMXCategory
Performance 5-yr return+13.25%+10.99%
Expense ratio1.47%1.90%
Risk 5 year sharpe ratio0.940.66
Net assets$210.5M$301.5M
Average market cap$7.9B$26.0B
Average P/E14.214.5
Portfolio turnover56%56%

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Fund Management and Purchase Info

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

Holdings

International stock82.11%
Fixed income13.87%
Cash3.09%
Other0.94%
U.S. stock0.00%
Top 5 Sectors
Portfolio weighting
Financial service 47.34%
Industrial materials 17.91%
Business service 12.64%
Energy 7.61%
Telecommunication 6.00%
Top 10 Holdings
Portfolio weighting
-- Naspers Ltd6.67%
-- Emaar Properties PJSC5.17%
-- Aspen Pharmacare Holdings PLC3.94%
-- Mtn Group Ltd3.67%
-- Qatar National Bank SAQ3.55%
-- Impala Platinum Holdings2.74%
-- Kuwait Projects Co Holding KSC2.65%
-- First Gulf Bank P.J.S.C.2.58%
-- Aramex PJSC2.49%
-- Sanlam Ltd2.36%

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