T. Rowe Price Japan Fund (PRJPX)
Ticker Symbol:
PRJPX
Fund Status:
Open to new Retail investors  /  Open to subsequent Retail investments
Fund Objective
Quick Stats
Fiscal Year End  October
Morningstar Category  Japan Stock
Inception Date 12/30/1991
Tax ID 52-1757706
Investment Objective
This fund's objective is long-term growth of capital through investment in the common stocks of companies located, or with primary operations, in Japan.
Strategy
Invests substantially all (normally at least 80%) assets in a wide range of Japanese companies and industries. The fund seeks to identify companies that can achieve and sustain above-average, long-term earnings growth.
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 both regular and tax-deferred accounts, such as IRAs.
Risk/Reward Potential*
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This fund offers investors long-term capital growth potential by seeking to benefit from the strength of Japanese businesses in several of the world's leading industries--electronics and automobiles, among others. Although the pace of Japan's economic growth has slowed, many of the basic elements that made it one of the world's largest and most productive economies--a strongly motivated work force and first-class technical and production capabilities--remain in place.

Because of its focus on a single country, the fund involves higher risk than a more geographically diverse international fund. Share prices are also subject to market risk as well as risks associated with unfavorable currency exchange rates and political or economic uncertainty abroad.
* Annually we evaluate the standard deviation of each US mutual fund listed and its resulting placement within specific risk/return categories.

Methodology: If a fund is at least 5 year old, it is generally placed in risk/return categories based on the standard deviation of its performance for the longest period of its calendar year returns; the longest time period used for analysis is 10 years (regardless of the fund's inception). If a fund is less than 5 years old, we generally use the fund's primary benchmark disclosed in its prospectus as a proxy and follow the same process of using 10-year standard deviation of the benchmark, or longest time period available. The firm at its sole discretion may show a fund in a higher risk category based on qualitative or other factors that may differ from this methodology.
See Glossary for additional details on all data elements.