Risk Considerations
1. The Fund is actively managed and invests mainly in a high conviction portfolio (i.e. portfolio with a selection of fewer number of securities) of shares of companies anywhere in the world, includingemerging markets.
2. Investment in the Fund involves risks, including general investment risk, equity market risk, issuer concentration risk, geographic concentration risk, risks associated with depositary receipts andcurrency risks which may result in loss of a part or the entire amount of your investment.
3. The Fund may use derivatives for hedging and efficient portfolio management and is subject to derivatives risk. Exposure to derivatives may lead to a risk of significant loss by the Fund.
4. The value of the Fund can be volatile and could go down substantially.
5. Investors should not invest in the Fund solely based on this document.
Investment involves risk. Past performance is not a reliable indicator of current or future results and should not be the sole factor of consideration when selecting a product or strategy.
SICAV
Global Select Equity Fund
An active, style agnostic, high conviction and risk-managed global equity strategy that aims to deliver positive excess returns. Typically invested in 30-45 mid-large cap companies, the fund seeks to invest in strong businesses with durable competitive advantages across a wide spectrum of disruptors, secular growers, and cyclicals/turnarounds.
ISIN LU2243340283
FACTSHEET
KFS
Peter Bates is the portfolio manager of the Global Select Equity Strategy in the International Equity Division . He is a vice president and Investment Advisory Committee member of the US Dividend Growth Equity, US Large-Cap Core Equity, and US Value Equity Strategies. In addition, he is a member of the Investment Advisory Committees of the Global Growth Equity, Global Focused Growth Equity, and Japan Equity Strategies. Peter is a vice president of T. Rowe Price Group, Inc., and an executive vice president of T. Rowe Price International Ltd.
Overview
Strategy
Fund Summary
We seek to find the right balance between conviction and diversification in pursuit of returns. We look to harness the best bottom-up ideas from our experienced global research team to uncover opportunities across a wide opportunity set. With a focus on finding durable and resilient companies, we aim to build a diverse portfolio that seeks to maximise return without excessive risk. The manager is not constrained by the fund's benchmark, which is used for performance comparison purposes only.
