T. Rowe Price Africa & Middle East Fund (TRAMX)
Ticker Symbol:
TRAMX
Fund Status:
Open to new Retail investors  /  Open to subsequent Retail investments
Fund Snapshot
Quick Stats
Current NAV as of 05/17/2013 $8.06
NAV Change -$0.03
Daily YTD Return as of 05/17/2013 9.07%
NAV 12 Month Low-High $6.65 - $8.10
Net Assets as of 03/31/2013 $160.83 Million
Morningstar Ratings1
as of 03/31/2013
Overall
3 Year
5 Year
10 Year N/A
Morningstar rated the Africa & Middle East Fund among 356, 356, 257 and N/A Diversified Emerging Mkts funds for the overall rating and the 3-, 5-, and 10-year periods (as applicable) ending 03/31/2013, respectively. Morningstar Ratings™ are based on risk-adjusted returns. The Overall Morningstar Rating™ is derived from a weighted average of the performance figures associated with a fund's 3-, 5-, and 10-year (if applicable) Morningstar Rating™ metrics.
Performance Comparison
as of 03/31/2013
This chart shows the value of a hypothetical $10,000 investment in the fund over the past 10 years or since its inception (for funds lacking 10-year records). The result is compared with benchmarks, which may include a broad-based market index and a peer group average or index. Market indexes do not include expenses, which are deducted from fund returns as well as mutual fund averages and indexes.
Benchmark Definitions
1 For funds with at least a 3-year history, a Morningstar Rating™ is based on a risk-adjusted return measure (including the effects of sales charges, loads, and redemption fees) with emphasis on downward variations and consistent performance. The top 10% of funds in each category receive 5 stars, the next 22.5% 4 stars, the next 35% 3 stars, the next 22.5% 2 stars, and the bottom 10% 1 star. Each share class is counted as a fraction of 1 fund within this scale and rated separately. Morningstar Rating™ is for the retail share class only; other classes may have different performance characteristics.
©2013 Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.
Average Annual Total Returns and Benchmarks
as of 03/31/2013
Benchmark Definitions
Investment Objective
The fund's objective is 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.
Average Annual Total Returns2
  Month
End
04/30/2013 		Quarter
End
03/31/2013
1 Year 12.57% 11.24%
3 Years 3.26% 3.01%
5 Years -7.78% -6.72%
10 Years N/A N/A
Since Inception -1.34% -1.77%
Inception Date September 4, 2007
Expense Ratio as of 10/31/2012 1.52%
Current performance may be lower or higher than the quoted past performance, which cannot guarantee future results. Share price, principal value, and return will vary and you may have a gain or loss when you sell your shares.
The Africa & Middle East Fund charges a 2% redemption fee on shares held 90 days or less. The performance information shown does not reflect the deduction of the redemption fee; if it did, the performance would be lower.
2 Average annual total return figures include changes in principal value, reinvested dividends, and capital gain distributions. For funds less than one year old, the Since Inception return figure is not annualized and represents an aggregate total return.
See Glossary for additional details on all data elements.