T. Rowe Price New Asia Fund (PRASX)
Ticker Symbol:
PRASX
Fund Status:
Open to new Retail investors  /  Open to subsequent Retail investments
Fund Objective
Quick Stats
Fiscal Year End  October
Morningstar Category  Pacific/Asia ex-Japan Stk
Inception Date 09/28/1990
Tax ID 52-1702366
Investment Objective
The fund's objective is long-term capital appreciation through investments in large and small companies located, or with primary operations, in Asia (excluding Japan).
Strategy
Invests primarily in companies in Asia and the Pacific Basin, excluding Japan.
Investor Profile
Those seeking enhanced appreciation potential over time and greater diversification for their equity investments who can accept the volatility associated with investing in stocks, as well as the special risks that accompany international investing. Appropriate for taxable and tax-deferred accounts, such as IRAs.
Risk/Reward Potential*
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This fund pursues substantial long-term growth by investing in well-managed growth companies in China, Hong Kong, India, Indonesia, Malaysia, the Philippines, Singapore, South Korea, Taiwan, and Thailand. Because these economies, and those of other countries in the region, are generally in an earlier stage of development than more developed economies, they could provide greater long-term growth potential than developed markets.

The fund’s relatively limited geographic orientation and exposure to emerging markets increase its risk level. The fund price is subject to market risk in addition to risks associated with unfavorable currency exchange rates and political or economic uncertainty abroad.
*Funds are placed in general risk/return categories based on their past performance or, for newer funds, the performance of the types of securities in which they invest. There is no assurance past trends will continue.
See Glossary for additional details on all data elements.