- What does PRESX invest in?
- The fund normally invests at least 80% of its net assets (plus any borrowings for investment purposes) in stocks of European companies. Under normal conditions, at least five countries will be represented in the fund's portfolio. It may purchase the stocks of companies of any size. The fund seeks to purchase the stocks of companies with quality management and strong cash flows, and does not emphasize either a growth or value bias in selecting investments.
- What is the expense ratio of PRESX?
- T. Rowe Price European Stock (PRESX) charges an expense ratio of 1.05%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is PRESX?
- T. Rowe Price European Stock (PRESX) manages $866.4M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.
- Is PRESX actively managed or an index fund?
- PRESX is actively managed — the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (PRESX's is 1.05%) in exchange for the discretion to over- or under-weight positions.
- When was PRESX launched?
- T. Rowe Price European Stock (PRESX) launched in February 1990 and is managed by T. Rowe Price.
- How has PRESX performed?
- PRESX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.
