5 Active Fund Managers Making a Difference

Study: Active mutual fund managers don't do such a bad job

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T. Rowe Price Latin America Fund

TRowe185 5 Active Fund Managers Making a DifferenceWhile the T. Rowe Price Latin America Fund‘s (MUTF:PRLAX) volatility is greater than Oppenheimer’s, its annual return at 20.8% is also significantly higher. However, because of the additional volatility, it garners just three stars from Morningstar.

José Costa Buck has managed the fund since the beginning of 2009 and joined T. Rowe Price in October 2000. Brazil makes up 62% of the portfolio’s $1.7 billion in total net assets, though PRLAX’s largest holding as of the end of February is Carlos Slim’s America Movil (NYSE:AMX) in Mexico. Financials represent the largest sector weighting at 35.4%.


Article printed from InvestorPlace Media, http://investorplace.com/2013/04/5-active-fund-managers-making-a-difference/.

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