T. Rowe Price is adding a 2% redemption fee on all shares of its international funds not already employing the charge, the firm said on Tuesday.

The fee will apply to shares held less than 90 days or one year, depending on the fund. Five of T. Rowe’s 19 international funds already have redemption fees. The firm also upped the redemption fee on its International Equity Index Fund to 2% from 1% so that it is consistent with the new initiative.

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