About TRZNX
T. Rowe Price New Asia Fund Z Class is a mutual fund focused on achieving long-term capital growth by investing primarily in the common stocks of companies located in Asia, excluding Japan. The fund typically allocates at least 80% of its net assets to Asian companies, drawing on country assignments determined by major index providers. Its portfolio is notably concentrated in sectors and industries driving economic expansion across the region, including technology, financial services, and consumer staples. Key holdings often feature influential companies such as Taiwan Semiconductor Manufacturing Company, Tencent Holdings, and Alibaba Group, reflecting an emphasis on market leaders with potential for sustainable growth. The fund implements a bottom-up research process, seeking businesses that exhibit durable growth characteristics or are positioned for positive change that is not fully recognized by the market. Designed for investors seeking exposure to dynamic Asia-Pacific markets, the fund plays a significant role in providing access to emerging and developed markets within the region, excluding Japan, and serves as a tool for diversification in global equity portfolios.
Fund Family T. Rowe Price
Category Pacific/Asia ex-Japan Stk
Performance Rating Below Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol TRZNX
Share Class -z Class
TRZNX had a total return of 35.94% in the past year, including dividends. Since the fund's
inception, the average annual return has been 6.45%.
