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Strategy

Investment Objective

Our approach focuses on uncovering stocks where change and growth are underappreciated or undiscovered. Leveraging our long history of investing in China, we seek to identify innovative companies beyond the widely owned mega cap stocks that offer the long-term potential for durable or accelerating growth or a fundamental rerating. The manager is not constrained by the fund's benchmark, which is used for performance comparison purposes only.

Investment Approach

  • Seeks long-term capital appreciation by investing in companies that derive their revenue from China and we believe are best positioned to capitalize on the dynamic change and growth in the country.
  • Takes a holistic approach to investing in China with the flexibility to invest in both onshore and offshore markets, including A-shares, H-shares, and ADRs. 
  • Style agnostic approach aims to identify mispriced companies with opportunities driven by change.
  • Seeks to invest in companies overlooked by some investors in China, going beyond the top 100 largest companies in the China universe by market cap to seek to identify future winners.
  • Leverages T. Rowe Price's team of experienced regional analysts to identify local companies in China that we believe will be long-term winners in the evolving Chinese economy.

Past performance is not a reliable indicator of future performance.

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GIPS® Information

T. Rowe Price (“TRP”) claims compliance with the Global Investment Performance Standards (GIPS®).

A complete list and description of the Firm's composites and/or a presentation that adheres to the GIPS® standards are available upon request. Additional information regarding the firm's policies and procedures for calculating and reporting performance results is available upon request

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