About PNSIX
T. Rowe Price New Asia Fund, I Class is an institutional mutual fund focused on delivering long-term capital growth by investing primarily in companies located or operating in Asia, excluding Japan. The fund employs a bottom-up, research-driven approach, targeting opportunities across the entire market capitalization spectrum to identify companies with sustainable growth potential and the prospect for valuation expansion. It typically allocates at least 80% of its net assets to equities in Asian markets, relying on country classifications provided by leading index providers for investment eligibility. Notably, the portfolio often holds significant positions in technology and financial services sectors, reflecting Asia's dynamic economic landscape. The fund’s benchmark is the MSCI All Country Asia ex Japan Index Net, offering investors exposure to both developed and emerging Asian economies. Designed for institutional investors, it features a relatively low expense ratio and a high minimum investment threshold, aiming to serve as a core holding for those seeking diversified Asian equity exposure within a global portfolio. As of its most recent reporting, the fund manages nearly $1.8 billion in assets and maintains a diversified suite of holdings, with a particular emphasis on leading firms driving Asia’s growth trajectory.
Fund Family T. Rowe Price
Category Pacific/Asia ex-Japan Stk
Performance Rating Average
Risk Rating Average
Stock Exchange Nasdaq
Ticker Symbol PNSIX
Share Class -i Class
Index MSCI AC Asia ex Japan NR USD
PNSIX had a total return of 19.27% in the past year, including dividends. Since the fund's
inception, the average annual return has been 8.74%.
