T. Rowe Price Emerging Markets Stock (PRMSX)
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Date updated:12-20-2007
This fund was featured in Fortune Magazines 2007 investors guide as one of the 7 funds to own in 2007.
In the Fortune article, the magazine is quoted as saying:
“From Kazakhstan to Korea, lead manager Chris Alderson of the T. Rowe Price Emerging Markets Stock fund is not afraid to go anywhere in search of a promising growth stock. Anywhere, that is, as long as he and his three co-managers are comfortable with the country's economic outlook - something they monitor constantly. Right now, for example, Alderson is particularly bullish on India and Taiwan, but finds Hungary unappealing.”
The fund has had annualized returns of 16.11%, 28.50%, and 25.69% for the past 1, 3, and 5 year periods respectively.
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