Investing in Emerging Markets

Investing in emerging markets can provide you with exposure to opportunities in developing economies, as well as greater portfolio diversification. T. Rowe Price offers a variety of funds in this fast-growing sector, including three bond funds.

Emerging Markets
Corporate Bond Fund
Investing in corporate bonds of emerging countries can help generate income and capital appreciation in your portfolio.
Learn how corporate bond funds can help diversify your portfolio.
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Emerging Markets
Local Currency
Bond Fund

Investing in government debt securities denominated in emerging market currencies can help generate income and capital appreciation in your portfolio.
Emerging Markets
Bond Fund
Investing in corporate and government debt of emerging market nations can help generate income and capital appreciation in your portfolio.
Learn how emerging market's debt can help diversify your portfolio.
Watch the video

8 Smart reasons why emerging markets now.

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Our complete emerging markets lineup.

Simply select an emerging markets fixed income or equity fund for more detailed information.

Investing in the securities of non-U.S. issuers involves special risks not typically associated with investing in U.S. securities. Foreign securities tend to be more volatile and less liquid than investments in U.S. securities and may lose value because of adverse political, social, or economic developments overseas.

The risks of foreign investing are heightened for securities of issuers in emerging market countries. Emerging market countries tend to have economic structures that are less diverse and mature, and political systems that are less stable, than those of developed countries. In addition to all of the risks of investing in foreign developed markets, emerging markets are more susceptible to governmental interference, local taxes being imposed on foreign investments, restrictions on gaining access to sales proceeds, and less liquid and and less efficient trading markets. Companies and governments issuing lower-rated bonds are not as strong financially as those with higher credit ratings, and their bonds are often viewed as speculative investments. To the extent the funds use forward foreign exchange contracts, swaps, options, or futures, they are exposed to additional volatility in comparison to investing directly in bonds and other debt securities.

Diversification cannot assure a profit or protect against loss in declining markets.