T. Rowe Price Global Equity Fund
About this Fund
Fund Detail
PDS | https://informedinvestor.com.au/view/pds/100076-2024-02-08-02:49.pdf |
FUND MANAGER | T. Rowe Price Australia |
ASX Code | |
APIR | ETL0071AU |
ASSET CLASS | GLOBAL EQUITIES |
INVESTMENT STYLE | High conviction, truly global equity portfolio seeking to invest in companies with above-average and sustainable growth characteristics. |
INVESTMENT PROFILE | The Fund's objective is to provide long-term capital appreciation. |
CURRENCY MANAGEMENT | Unhedged |
INCEPTION DATE | 15-09-2006 |
BENCHMARK | MSCI All Country World Index ex Australia (unhedged) |
FUND SIZE | MSCI All Country World Index ex Australia (unhedged) |
DISTRIBUTION FREQUENCY | Yearly |
NO. OF HOLDINGS | 130-160 |
FEES | 0.85% p.a. |
STRUCTURE |
Benefits
Benefits | Benefits of Investing in the T. Rowe Price Global Equity FundAn investment in the Fund provides the following benefits and features:
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RISK LEVEL | High There is a risk investors may lose some or all of their initial investment. Higher risk investments tend to fluctuate in the short term but can produce higher returns than lower risk investments over the long term. This grading is not intended to be a guarantee of any actual level of risk or an indication of likely returns. |
INVESTOR SUITABILITY | The Fund may be suitable for investors seeking the potential for moderate capital appreciation over time and greater diversification for their equity investments and can accept the volatility associated with investing in equities as well as the special risks that accompany global investing. |
Risks
Title | |
Detail |
Key Features
Investment objectiveThe Fund’s investment objective is to provide long-term capital appreciation by investing primarily in a portfolio of securities of companies which are traded, listed or due to be listed, on recognised exchanges and/or markets throughout the world including developing countries. Investment Style and ApproachThe investment process involves determining the Fund’s investment universe, which includes companies traded, listed or due to be listed, on recognised exchanges and/or markets throughout the world including developing countries.
T. Rowe Price engages equity investment professionals to identify superior investment ideas, assess opportunities in a global sector context, overlay macroeconomic and local market factors to refine industry and company analysis, and select what it believes to be investments with the most attractive risk-reward characteristics.
Ultimately, the portfolio manager applies judgment to construct a focused global portfolio consisting of the highest conviction investment ideas, within a diversified framework of country, sector and company guidelines. |
Mandate
Asset AllocationThe assets of the Fund will generally be invested in accordance with the following guidelines:
Due to movements in the market or similar events, the guidelines set out above may not be adhered to from time to time. In these circumstances, the Investment Manager will seek to bring the Fund's investments within the guidelines within a reasonable period of time. |