TRCLX: T. Rowe Price China Evolution Equity I

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TRCLX T. Rowe Price China Evolution Equity I


Profile

TRCLX - Profile

Vitals

  • YTD Return 5.6%
  • 3 Yr Annualized Return N/A
  • 5 Yr Annualized Return N/A
  • Net Assets $12 M
  • Holdings in Top 10 30.5%

52 WEEK LOW AND HIGH

$11.22
$10.15
$11.23

Expenses

OPERATING RELATED FEES

  • Expense Ratio N/A

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover N/A

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $1,000,000
  • IRA N/A

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style China Region

Distributions

  • YTD Total Return 5.6%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio N/A
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    T. Rowe Price China Evolution Equity Fund
  • Fund Family Name
    T. Rowe Price
  • Inception Date
    Dec 10, 2019
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Wenli Zheng

Fund Description

The fund normally invests at least 80% of its net assets (including any borrowings for investment purposes) in equity securities and equity related investments of Chinese companies. For purposes of determining whether the fund invests at least 80% of its net assets in Chinese companies, the fund relies on the country assigned to a security by MSCI Inc. or another unaffiliated data provider. It is non-diversified.


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Categories

Performance

TRCLX - Performance

Return Ranking - Trailing

Period TRCLX Return Category Return Low Category Return High Rank in Category (%)
YTD 5.6% -2.7% 16.1% 7.69%
1 Yr N/A -30.2% 42.6% N/A
3 Yr N/A* -10.4% 18.0% N/A
5 Yr N/A* -11.4% 10.5% N/A
10 Yr N/A* -5.9% 18.5% N/A

* Annualized

Return Ranking - Calendar

Period TRCLX Return Category Return Low Category Return High Rank in Category (%)
2019 N/A -26.0% 36.1% N/A
2018 N/A -52.1% -12.2% N/A
2017 N/A 18.8% 58.1% N/A
2016 N/A -16.0% 4.0% N/A
2015 N/A -34.4% 3.1% N/A

Total Return Ranking - Trailing

Period TRCLX Return Category Return Low Category Return High Rank in Category (%)
YTD 5.6% -2.7% 16.1% 7.69%
1 Yr N/A -30.2% 42.6% N/A
3 Yr N/A* -5.1% 21.2% N/A
5 Yr N/A* -11.4% 15.3% N/A
10 Yr N/A* -5.9% 19.4% N/A

* Annualized

Total Return Ranking - Calendar

Period TRCLX Return Category Return Low Category Return High Rank in Category (%)
2019 N/A -26.0% 36.1% N/A
2018 N/A -52.1% -9.6% N/A
2017 N/A 18.9% 65.8% N/A
2016 N/A -11.5% 5.9% N/A
2015 N/A -34.4% 9.7% N/A

NAV & Total Return History


Holdings

TRCLX - Holdings

Concentration Analysis

TRCLX Category Low Category High TRCLX % Rank
Net Assets 12 M 5.59 M 1.3 B 98.46%
Number of Holdings 46 33 136 66.15%
Net Assets in Top 10 2.99 M 2.99 M 612 M 100.00%
Weighting of Top 10 30.49% 28.5% 68.9% 93.85%

Top 10 Holdings

  1. Country Garden Services Holdings Co Ltd 5.21%
  2. Shandong Weigao Group Medical Polymer Co Ltd Class H 3.37%
  3. Focus Media Information Technology Co Ltd 2.86%
  4. ZTO Express (Cayman) Inc ADR 2.82%
  5. Hope Education Group Co Ltd 2.81%
  6. Zhongsheng Group Holdings Ltd 2.80%
  7. Guangzhou Automobile Grp Co 2.79%
  8. Taiwan Union Technology Corp 2.67%
  9. SITC International Holdings Co Ltd 2.61%
  10. Greentown Service Group Co Ltd 2.54%

Asset Allocation

Weighting Return Low Return High TRCLX % Rank
Stocks
87.06% 87.06% 100.72% 100.00%
Cash
12.94% -0.72% 12.94% 3.08%
Preferred Stocks
0.00% 0.00% 0.00% 100.00%
Other
0.00% 0.00% 7.29% 100.00%
Convertible Bonds
0.00% 0.00% 0.03% 100.00%
Bonds
0.00% 0.00% 0.00% 100.00%

Expenses

TRCLX - Expenses

Operational Fees

TRCLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio N/A 0.82% 3.99% N/A
Management Fee 0.99% 0.66% 1.50% 55.38%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.15% 0.05% 0.26% 75.00%

Sales Fees

TRCLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

TRCLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 2.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

TRCLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 1.00% 344.00% N/A

Distributions

TRCLX - Distributions

Dividend Yield Analysis

TRCLX Category Low Category High TRCLX % Rank
Dividend Yield 0.00% 0.00% 12.74% 100.00%

Dividend Distribution Analysis

TRCLX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Monthly Annually

Net Income Ratio Analysis

TRCLX Category Low Category High TRCLX % Rank
Net Income Ratio N/A -1.02% 2.68% N/A

Capital Gain Distribution Analysis

TRCLX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

TRCLX - Fund Manager Analysis

Managers

Wenli Zheng


Start Date

Tenure

Tenure Rank

Dec 10, 2019

0.14

0.1%

Wenli Zheng is a vice president of T. Rowe Price Hong Kong Limited and an investment analyst on the Equity Research Team of T. Rowe Price, covering the Asian telecommunication and Internet sector. Wenli completed an internship at T. Rowe Price in 2007 and has been with the firm since 2008. Prior to joining T. Rowe Price, he was a strategy consultant at Capgemini in China. Wenli earned an M.B.A. from the University of Chicago and a dual bachelor's degree in industrial engineering and economics from the South China University of Technology.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.14 25.99 4.03 11.09