T. Rowe Price Africa & Middle East (TRAMX)
T. Rowe Price Africa & Middle East operates in the Asset Management industry of the Financial Services sector, headquartered in Baltimore, MD, US. The stock last traded at $11.85, up 0.17% on the session, giving a market capitalisation of $110.1M. Its beta of 0.65 implies it has historically moved less than the broad market.
This fund typically dedicates a minimum of 80% of its total assets, which includes any capital obtained through borrowing for investment purposes, to companies operating in Africa and the Middle East. While the fund's management does take into account the regional outlook for specific industries and countries, their core investment methodology prioritizes selecting individual stocks based on their intrinsic value (a bottom-up approach). This investment vehicle is classified as non-diversified.
T. Rowe Price Africa & Middle East is most often compared with the following Financial Services names: