T. Rowe Price New Asia Fund (PRASX)
T. Rowe Price New Asia Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Baltimore, MD, US. The stock last traded at $25.49, up 0.55% on the session, giving a market capitalisation of $2.81B. Its beta of 1.05 implies it has historically moved more than the broad market.
The T. Rowe Price New Asia Fund aims to achieve sustained capital growth over the long term. It does this by primarily allocating its investments to the equity securities of companies either based in or with their main operations in Asian countries, specifically excluding Japan. Typically, a significant portion — at least 80% — of its net assets (which includes any funds borrowed for investment purposes) will be committed to these non-Japanese Asian enterprises. For the purpose of identifying eligible companies to meet this 80% threshold, the fund relies on country classifications provided by independent data sources like MSCI, Inc. or similar unaffiliated providers. It operates as a non-diversified portfolio.
T. Rowe Price New Asia Fund is most often compared with the following Financial Services names: