4 / 5 Stars
3 3 3 3 2
Zacks Investment Research
Standard & Poor's
5 / 5 Stars
#4 in Miscellaneous Region
U.S. News evaluated 18 Miscellaneous Region Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
The fund has returned 26.59 percent over the past year, 8.51 percent over the past three years, and 12.10 percent over the past five years.
|Trailing Returns||Updated 11.30.2013|
|Year to date||19.4%|
|3 Years (Annualized)||8.5%|
|5 Years (Annualized)||12.1%|
|10 Years (Annualized)||N/A|
The investment seeks 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. The fund will normally invest at least 80% of its net assets (including any borrowings for investment purposes) in African and Middle Eastern companies. It may purchase the stocks of companies of any size. While the fund invests with an awareness of the outlook for industry sectors and individual countries within the region, bottom-up stock selection is the focus of the fund's managers decision-making. It is non-diversified.
Fees are High compared to funds in the same category.
T. Rowe Price Inst Africa & Middle East has an expense ratio of 1.25 percent.
Risk is Low compared to funds in the same category according to Morningstar.