Fund Research and Analysis

by William Samuel Rocco
T. Rowe Price Africa & Middle East is one of the boldest emerging-markets funds around.

This fund has loads of geographic risk. Its regional focus means that it has nowhere to go when African and Middle Eastern markets struggle. Conversely, nearly   Read more 

Kudos

T. Rowe Price is rightly known for the quality of its emerging-markets funds.
This fund uses the same growth strategy as its older and successful siblings.
Overall, emerging-markets team at T. Rowe Price is sizable, seasoned, and skilled. Read more 

Risks

Dedication to a particular part of the developing world heightens the considerable risk that comes with investing in emerging markets.
Portfolio is quite concentrated sectorwise and issuewise as well as marketwise.
Skipper has not run a fund before.
Although the other T. Rowe Price emerging-markets funds are inexpensive--and we expect this one to become cheaper over time--it's currently rather pricey. Read more 

Strategy

This young fund applies the same moderate growth strategy that has worked well at other T. Rowe Price emerging-markets funds to Africa & the Middle East. It tends to spread its assets pretty broadly   Read more 

Management

Joseph Rohm took charge of this fund in March 2009. Rohm has no prior portfolio-manager experience, but he knows his region well, he has nine years of investment experience, and he worked closely with the former manager here for roughly 18 months before   Read more 

Inside Scoop

This fund, which opened in late 2007, is the youngest of the five T. Rowe Price emerging-markets funds.  Read more 

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