TREMX?

Essentials Popular Topics

My Favorite Forums Join Discuss to setup a list of your favorite forums.

Forums > T. Rowe Price Funds > TREMX?

All Posts Forums Blogs Experts Sharing Topics Join

TREMX?

mcodojo 04-14-2008, 1:04 AM | Post #2508120 | 4 Replies

I've got 10k (IRA and counting) in PRWCX and am considering putting some dough in into an emerging market like TREMX. I know Russia is doing well as evidenced by the constant investment in their companies. I recently read that Warsaw has a stock exchange that is booming as well. Hmmm. About the other countries within the fund I'm not sure about.

I ask you the experts...

Andre

P.S. It's a crying shame but my company doesn't offer TRP funds for my 401k since it's run by Fidelity. One of my core funds there is MUTHX as well as Contra. My EM there is MGEMX (a 5% exposure).

Related Topics 401(k)core emerging market IRAs stock exchange

Reply Quote Contact Flag Favorites Print Thread

Page 1 of 1

Re: TREMX?

coywesley 04-14-2008, 8:17 PM | Post #2508363

Andre,

I hope you are not on any kind of heart medications, are you? Because, TREMX can be very, very volatile. You did say you already have a 5% allocation to the more diversified EM fund, the Morgan Stanley Inst. Emerging Markets, MGEMX. I noticed it's top 25 holdings include some Russian stocks. So, this brings up the possibility that you may not be really increasing your diversification all that much by adding TREMX, because TREMX is 45% in Russia. You need to check MGEMX's latest fund report for a more detailed list of its holdings.

A couple of years ago TREMX did not have as much in Russia, and it had more in Eastern Europe. Today it's more like a Russian Lite Fund. Maybe one day it will diversify back in Eastern, Emerging Europe. If you do decide to add TREMX, I would go with no more than 3 - 5%. You also need to check your other funds' holdings for EM's. Even diversified Domestic funds can include a lot of EM lately.

Buckle Your Seat Belt!!
Coy

PS: Welcome to the T. Rowe Price Fund Family Forum!

Related Topics Emerging Markets fund family europe Eastern Europe Morgan Stanley

Reply Quote Contact Flag Favorites

Re: TREMX?

mcodojo 04-15-2008, 12:09 AM | Post #2508428

Thanks. It was a consideration outside my 401k. But, why take THAT chance?

Yeah, I noticed a lot of domestic funds have a lot of foreign holdings. I hold my 401k funds to a 25% to international but when I do an online review of my portfolio, it says I have a 59% USA stake to 41% foreign. All I guess is that the system takes into account the funds' countries allocations. I've read some of the funds vary from 5% exposure up to 43% in another. The funds I have are 4 or 5 star so it doesn't bother me. The EM above I believe is now 3 but it's that or Fidelity's(FEMKX). Or USAA's 2-star(USEMX) or Templeton's Developing Markets(TDADX).

The other two international funds in my 401k are MDISX and JAIGX. Done wonders for me.

Related Topics Funds portfolio 401(k)Fidelity 5 star

Reply Quote Contact Flag Favorites

Re: TREMX?

kerryvan

05-01-2008, 2:50 AM | Post #2513456

TREMX has been one of my staple funds for the past 5 yrs. I like the fact that it does not track with the other em funds I own. It has done well every fall. I will continue to hold it due to the solid track record. I got into TRAMX last fall and like that fund as well.

A large intl portfolio has been good for me as the dollar has done poorly. remember 70% or higher of the global market is outside the US. Another good Russia play is LETRX.

I started a position in the BRIC countries, but it and the rest of the market has done so bad it is hard to tell, I took the position 1/2008, before everything fell.

Related Topics Funds portfolio TREMX Russia

Reply Quote Contact Flag Favorites

Re: TREMX?

twinlabs 05-01-2008, 8:46 AM | Post #2513520

You wanna roller-coaster ride?

Forget TREMX

Go TRAMX