About TRAOX
T. Rowe Price Asia Opportunities Fund is an actively managed mutual fund that focuses on achieving long-term capital growth by investing primarily in equities of companies located in, or economically linked to, Asia—excluding Japan. The fund typically allocates at least 80% of its net assets to Asian stocks, with an emphasis on large- and mid-cap companies across sectors such as technology, financial services, and communications. The portfolio tends to be concentrated, with a significant portion of assets held in its top positions, including key regional firms like Taiwan Semiconductor Manufacturing, Tencent Holdings, and Samsung Electronics.
This fund is designed to capture the growth potential of dynamic Asian markets, targeting businesses with strong management and leading market positions. It applies in-depth fundamental research to uncover long-term value and incorporates environmental, social, and governance (ESG) considerations into its analysis. Notably, the fund is non-diversified, meaning it may take larger positions in fewer companies compared to diversified funds, which can affect risk and return profiles. The T. Rowe Price Asia Opportunities Fund serves investors seeking exposure to Asia’s economic expansion while aiming for sustained capital appreciation over time.
Fund Family T. Rowe Price
Category Pacific/Asia ex-Japan Stk
Performance Rating Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol TRAOX
Index MSCI AC Asia ex Japan NR USD
TRAOX had a total return of 34.40% in the past year, including dividends. Since the fund's
inception, the average annual return has been 9.97%.