Morningstar

T. Rowe Price Latin America Fund I Class RLAIX Fund Analysis

Morningstar Medalist Rating
| Medalist Rating as of | See T. Rowe Price Investment Hub

Morningstar’s Analysis RLAIX

Will RLAIX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable RLAIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the RLAIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of RLAIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Leadership change tempers team view, but process strength remains.

Senior Analyst Kongkon Gogoi

Kongkon Gogoi

Senior Analyst

Summary

T. Rowe Price Latin America remains a solid strategy, though the retirement of longtime manager Verena Wachnitz has reduced our conviction in the team supporting it. The strategy, which includes a separately managed account as well as a mutual fund, still stands out in a relatively limited opportunity set, but the change in leadership makes the team less proven than before.

by Kongkon Gogoi
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