About REVIX
The T. Rowe Price Emerging Markets Discovery Stock Fund I Class is a mutual fund designed to provide long-term capital growth by investing primarily in the equities of companies based in emerging markets. The fund maintains a strategic allocation of at least 80% of its net assets in stocks from these regions, encompassing countries across Asia, Latin America, Europe, Africa, and the Middle East. The investment approach emphasizes identifying undervalued companies, particularly those exhibiting favorable valuation metrics, positive financial characteristics, restructuring potential, or strong positions in underappreciated sectors or countries.
Employing a contrarian and value-oriented strategy, the fund’s management conducts rigorous fundamental research, seeking out stocks that are often under-researched or overlooked by the broader market. Its sector allocation frequently includes technology, financial services, energy, and consumer companies. With a diversified portfolio and an institutional share class structure, it targets large- and mid-cap firms while maintaining an active turnover rate through dynamic portfolio adjustments. The fund’s role in the market is to provide exposure to the growth potential of emerging economies and offer diversification benefits for investors seeking to balance risks and returns beyond developed markets.
Fund Family T. Rowe Price
Category Diversified Emerging Mkts
Performance Rating Above Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol REVIX
Share Class -i Class
Index MSCI EM (Emerging Markets) NR USD
REVIX had a total return of 51.59% in the past year, including dividends.
Since the fund's inception, the average annual return has been 9.73%.
