T. Rowe Price Global Equity (Hedged) Fund
|T. Rowe Price Global Equity Market Update August 2022|
|The Regime Change in Markets Demands Fresh Ideas|
|T. Rowe Price July 2022 Global Equity Update|
About this Fund
|FUND MANAGER||T. Rowe Price Australia|
|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.|
|BENCHMARK||MSCI All Country World Index ex Australia (Hedged to AUD)|
|FUND SIZE||MSCI All Country World Index ex Australia (Hedged to AUD)|
|NO. OF HOLDINGS||90-145|
|FEES||0.96% of the NAV of the Fund|
Benefits of investing in the T. Rowe Price Global Equity (Hedged) Fund
An investment in the Fund provides the following benefits and features:
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.
About the Fund
The Fund's 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. The portfolio may include investments in the securities of companies traded, listed or due to be listed, on recognised exchanges and/or markets, of developing countries.
The Investment Manager will seek, where material and to the extent reasonable, to reduce the Fund's exposure to the fluctuation between its currency of denomination (ie AUD) and the currencies of investment of the Fund through the use of various techniques including the use of Derivatives such as forward currency contracts, currency options and futures.
Investment Style and Approach
The 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, of countries which T Rowe Price has determined are developed or developing countries.
T. Rowe Price leverages the proprietary fundamental research and analysis performed by the organisation's integrated worldwide network of more than 100 equity investment professionals to identify highly recommended companies. 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 they believe to be investments with the most attractive risk-reward characteristics.
The portfolio manager is actively involved with the network of equity investment professionals during the idea generation and refinement process. Ultimately, the portfolio manager applies judgment to construct a focused global portfolio consisting of the highest conviction investment ideas, typically a minimum of 90 holdings, within a diversified framework of country, sector and company guidelines.
How we invest your money
The 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.