About PAAOX
T. Rowe Price Asia Opportunities Fund Advisor Class is an open-end mutual fund focusing on long-term capital growth by investing primarily in equities of companies with significant exposure to the Asia region, excluding Japan. The fund allocates at least 80% of its net assets to stocks from Asian markets, favoring large- and mid-cap firms that exhibit strong market positions, robust management, and the potential for sustained earnings growth. It employs a bottom-up, fundamental analysis approach to stock selection, targeting companies that demonstrate resilience and competitive advantages in their respective industries. Key sectors represented include technology, financial services, and communication services, with notable holdings such as Taiwan Semiconductor Manufacturing, Tencent Holdings, and Samsung Electronics. The fund’s diversified approach offers investors exposure to emerging and developed Asian economies, aiming to capture growth opportunities from dynamic regional trends. Its investment strategy is benchmarked against the MSCI AC Asia ex Japan Index. While the fund has demonstrated periods of outperformance and a higher risk-adjusted return compared to its benchmark over the past decade, it charges a management fee that places it among the higher-cost options in its category.
Fund Family T. Rowe Price
Category Pacific/Asia ex-Japan Stk
Performance Rating Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol PAAOX
Share Class -advisor Class
Index MSCI AC Asia ex Japan NR USD
PAAOX had a total return of 35.25% in the past year, including dividends. Since the fund's
inception, the average annual return has been 9.77%.
