Received this from the Daily Shot: [Link: http://tinyurl.com/dailyshot-trplatam
Here is an excellent example of lying with charts. This Latin America fund looks amazingly steady and yet the recent losses have been worse than at any time since 2008 - all thanks to a bizarre construction of the y-axis.
Note: Chart is, I believe, the third chart from the bottom.
Frankly, rather disappointed and surprised at the folks at TRPrice. Have others noticed other deceptive performance graphs in annual reports, at either TRP or other firms? Thanks.
can be seen on page 11 of the fund's most recent semi-annual report, available here:http://individual.troweprice.com/gcFiles/pdf/srlam.pdf