RLAIX Fees and Costs — T. Rowe Price Latin America Fund, I Class
Data updated: 2026-09-25
The net expense ratio is 1.08%: a 1.03% management fee plus 0.18% other expenses, less a 0.13% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $251K in broker commissions, 0.0708% of average net assets, and portfolio turnover was 34%.
RLAIX Fees and Expenses
Annual operating expenses and sales charges of RLAIX. Prospectus, as of December 22, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 1.03% |
| 12b-1 fee | — |
| Other expenses | 0.18% |
| Gross expense ratio | 1.21% |
| Fee waiver | −0.13% |
| Net expense ratio | 1.08% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
RLAIX Costs Over Time
On $10,000 invested in RLAIX, assuming 5% a year before costs, total costs come to $718 over 5 years, cutting the return by 1.21% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 1.08%) | $113 | $353 | $612 |
| Trading costs (broker commissions) | $7 | $23 | $40 |
| Lost growth on money paid in costs | $0 | $19 | $66 |
| Total costs | $121 | $395 | $718 |
| Value after costs | $10,379 | $11,181 | $12,045 |
| Impact on return, per year | 1.21% | 1.21% | 1.21% |
RLAIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0708%
- Total broker commissions: $251K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 34%
- Securities on loan, average value: $3.0M
- Net income from securities lending: $17K (0.005% of average net assets)
RLAIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BOFA SECURITIES, INC. | $42K | 21.38% |
| Citigroup Inc. | $40K | 20.59% |
| JEFFERIES LLC | $31K | 15.97% |
| MORGAN STANLEY & CO. LLC | $16K | 8.09% |
| GOLDMAN SACHS & CO. LLC | $15K | 7.70% |
| ITAU BBA USA SECURITIES, INC. | $12K | 6.37% |
| BANCO BTG PACTUAL S.A. | $12K | 5.98% |
| GBM INTERNATIONAL, INC. | $10K | 4.97% |
| Jane Street Execution Services, LLC | $9K | 4.63% |
| SANTANDER US CAPITAL MARKETS LLC | $8K | 4.32% |
T. Rowe Price Latin America Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| TRZYX | Z Class | 0.00% | — |
| RLAIX | I Class | 1.08% | — |
| PRLAX | T. Rowe Price Latin America Fund | 1.47% | — |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.