Source for performance: T. Rowe Price. Fund performance is calculated using the official NAV with dividends reinvested, if any. The value of an investment and any income from it can go down as well as up. Investors may get back less than the amount invested. It will be affected by changes in the exchange rate between the base currency of the fund and the subscription currency, if different. Sales charges (up to a maximum of 5% for the A Class), taxes and other locally applied costs have not been deducted and if applicable, they will reduce the performance figures.
Past performance is not a reliable indicator of future performance.
Daily performance data is based on the latest available NAV.
Emerging Local Markets Bond
Effective 1 January 2011, the benchmark was changed to J. P. Morgan Government Bond Index - Emerging Markets Global Diversified Index. Prior to 1 January 2011, the benchmark was the J. P. Morgan Government Bond Index - Emerging Markets Broad Diversified Index. The benchmark change was made because the portfolio manager viewed the new benchmark to be a better representation of the investment strategy of the sub-fund. Historical benchmark representations have not been restated.
Middle East & Africa Equity
Effective 30 September 2010, the benchmark was changed to S&P Emerging Market/Frontier Middle East & Africa Broad Market Index ex Israel. Prior to 30 September 2010, the benchmark was MSCI Arabian Markets and Africa Index. Prior to 1 July 2009, the benchmark was S&P IFCG Africa and Middle East ex-Saudi Arabia and ex-Israel. Prior to 1 September 2008, this benchmark also excluded Kuwait. The benchmark composition changes were made because the portfolio manager viewed the new benchmark composition to be a better representation of the investment strategy of the sub-fund. Historical benchmark representations have not been restated.
Please note that the Fund typically has a risk of high volatility.
Hedged share classes (denoted by 'h') utilise investment techniques to mitigate currency risk between the underlying investment currency(ies) of the fund and the currency of the hedged share class. The costs of doing so will be borne by the share class and there is no guarantee that such hedging will be effective.
The specific securities identified and described in this website do not represent all of the securities purchased, sold, or recommended for the sub-fund and no assumptions should be made that the securities identified and discussed were or will be profitable.
A full list of the currently issued Share Classes including Distributing, Hedged, and Accumulating Categories may be obtained, free of charge and upon request, from the registered office of the Company.
1 Please note that the Ongoing Charges figure is inclusive of the Investment Management Fee and is charged per annum.
The Morningstar rating is sourced from Morningstar.
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Citywire - where the Fund manager is rated by Citywire the rating is based on the manager's 3 year risk adjusted performance.