T. Rowe Price Dynamic Global Bond Fund
Whenever the tide turns, make sure you have an anchor
The T. Rowe Price Dynamic Global Bond Fund aims to generate performance, regardless of the interest rate environment. It combines the key benefits of a traditional fixed income strategy with a flexible and dynamic approach.
For investors this means, even in challenging economic markets like the present, you still have the opportunity to benefit from the performance of fixed income.
The four-decade-long bull market in global bond markets is over. Today we seek to generate performance from global bonds with a flexible approach and the ability to take opportunistic positions, including short exposure in currency and credit markets.
Our goals
Consistent Performance
Seeks modest and repeatable outperformance; Controlled risk profile with bond-like volatility.
Downside Risk Management
Focuses on downside risk from potential rise in interest rates.
Diversification
Low correlation with risky markets during periods of risk aversion.
All you need to know (in 2 minutes)
Why consider Dynamic Global Bond Strategy
T. Rowe Price Dynamic Global Bond Fund
Go to the fund details page to find out more about holdings, sectors, currency and performance of the Dynamic Global Bond Fund.
The T. Rowe Price Dynamic Global Bond Fund is a portfolio of global fixed-income securities seeking to deliver consistent income and manage downside risk.
| APIR | ETL0398AU |
| ARSN | 167 869 561 |
| Benchmark | Bloomberg AusBond Bank Bill Index (AUD) |
| Base currency | AUD |
| Minimum investment | $500,000 |
| Minimum suggested time frame | 5 years |
| Management fees and costs | 0.40% p.a.2 |
| Distribution frequency | Quarterly |
Fund literature
2 The Management Fee for the T. Rowe Price Dynamic Global Bond Fund – I class is 0.40% p.a. and the Indirect Cost is 0.00% p.a.
Full details of other fees and charges are available within the Fund’s Product Disclosure Statement and Reference Guide.
Go to the fund details page to find out more about holdings, sectors, currency and performance of the Dynamic Global Bond Fund.
The T. Rowe Price Dynamic Global Bond Fund is a portfolio of global fixed-income securities seeking to deliver consistent income and manage downside risk.
| APIR | ETL2511AU |
| ARSN | 167 869 561 |
| Benchmark | Bloomberg AusBond Bank Bill Index (AUD) |
| Base currency | AUD |
| Minimum investment | $50,000 |
| Minimum suggested time frame | 5 years |
| Management fees and costs | 0.59% p.a.1 |
| Distribution frequency | Quarterly |
Fund literature
2 The Management Fee for the T. Rowe Price Dynamic Global Bond Fund – I class is 0.40% p.a. and the Indirect Cost is 0.00% p.a.
Full details of other fees and charges are available within the Fund’s Product Disclosure Statement and Reference Guide.
Past performance is not a reliable indicator of future performance.
View Important Research House Rating Information
Risk (please read the PDS for further details): Medium. The following risks are materially relevant to the Fund.
Credit risk: that an issuer of credit support provider of a debt security could suffer an adverse change in financial conditions.
Volatility risk: the performance of the Fund has a risk of high volatility.
Emerging markets risk: emerging markets are less established than developed markets and therefore involve higher risks.
Investor profile
The Fund may be suitable for investors who:
- Seek the potential for a high level of current income and some capital appreciation over time
- Wish to diversify their portfolio.
The Fund may not be suitable for investors who:
- Are unable to accept the risk associated with investing in global fixed income and derivatives.
- Have an investment time horizon of five years or less.
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Important Information
Available in Australia for Wholesale Clients only. Not for further distribution.
Equity Trustees Limited (“Equity Trustees”) (ABN: 46 004 031 298, AFSL: 240975), is the Responsible Entity for the T. Rowe Price Australian Unit Trusts ("the Fund"). Equity Trustees is a subsidiary of EQT Holdings Limited (ABN: 22 607 797 615), a publicly listed company on the Australian Securities Exchange (ASX: EQT).
This material has been prepared by T. Rowe Price Australia Limited ("TRPAU") (ABN: 13 620 668 895, AFSL: 503741) to provide you with general information only. In preparing this information, we did not take into account the investment objectives, financial situation or particular needs of any particular person. It is not intended to take the place of professional advice and you should not take action on specific issues in reliance on this information. Neither TRPAU, Equity Trustees nor any of its related parties, their employees or directors, provide and warranty of accuracy or reliability in relation to such information or accepts any liability to any person who relies on it.
Past performance is not a guarantee or a reliable indicator of future results. You should obtain a copy of the Product Disclosure Statement, which is available from Equity Trustees (www.eqt.com.au/insto) or TRPAU (www.troweprice.com.au), before making a decision about whether to invest in the Fund named in this material.
The Fund’s Target Market Determination is available here. It describes who this financial product is likely to be appropriate for (i.e. the target market), and any conditions around how the product can be distributed to investors. It also describes the events or circumstances where the Target Market Determination for this financial product may need to be reviewed.
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