T. Rowe Price Asia Opportunities Fund
TRAOX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 100 East Pratt Street Baltimore MD United States of America 21202
- IPO Date
- May 23, 2014
- CIK
- 0000313212
- Website
- troweprice.com
- Similar Companies
- Business
- T. Rowe Price Asia Opportunities Fund (TRAOX) is an open-end mutual fund that seeks long-term capital growth by investing at least 80% of its net assets in stocks of companies located in or economically tied to Asia, excluding Japan. The fund focuses on a diversified portfolio emphasizing large-cap growth stocks across sectors such as technology (29%), financial services (28%), and consumer cyclical (15%); top holdings include Tencent Holdings Ltd., Taiwan Semiconductor Manufacturing Co. Ltd., Alibaba Group Holding Ltd., and AIA Group Ltd., which together comprise about 28% of assets. It benchmarks against the MSCI AC Asia ex Japan Index Net and maintains total net assets of approximately USD 78 million, with a net expense ratio of 1.15% under a contractual limitation expiring December 31, 2026. Offered by T. Rowe Price Group, Inc., founded in 1937 and headquartered in Baltimore, Maryland, the fund operates from the United States with geographic exposure primarily to emerging Asia (59%) and developed Asia (37%). Launched on May 21, 2014, it targets investors seeking growth in the Pacific/Asia ex-Japan stock category through active management, with daily pricing and minimum initial investments of USD 2,500. The portfolio exhibits a turnover rate of 57% and commits to sustainable investments representing at least 10% of its portfolio value. Portfolio management is led by Jihong Min since July 1, 2021, following her promotion to co-manager alongside Eric Moffett. In September 2025, T. Rowe Price's parent firm announced a strategic collaboration with Goldman Sachs, including up to a $1 billion investment for a 3.5% stake, aimed at launching joint target-date strategies and co-branded model portfolios integrating public and private markets by mid-2026. This partnership enhances offerings for retirement and wealth management channels, with initial joint products debuting in December 2025.