T. Rowe Price International Discovery’s longtime skipper relinquished his management role at the end of 2020 as expected, but this strategy still enjoys significant personnel and process advantages over its rivals, and both of its share classes retain their Morningstar Analyst Ratings of Silver. The strategy remains closed to most new investors.
Will PRIDX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PRIDX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the PRIDX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of PRIDX’s parent organization’s priorities and whether they’re in line with investors’ interests.