Risk Considerations

  1. The Fund is actively managed and invests mainly in a diversified portfolio of shares of large and medium sized “blue chip” companies in the United States.
  2. Investment in the Fund involves risks, including general investment risk, equity market risk, risks associated with depositary receipts, geographic concentration risk, small and mid-capitalisation shares risk and style risk 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 website.
SICAV
US Blue Chip Equity Fund
Seeking growth opportunities from high quality US companies.
ISIN LU0133085943
FACTSHEET
KFS
YTD
Return
14.13%
Data as of: 30-Sep-2021
1YR Return
(Annualised)
23.01%
Data as of: 30-Sep-2021
3YR Return
(Annualised)
18.74%
Data as of: 30-Sep-2021
NAV
(USD)
$90.18
Data as of: 22-Oct-2021
NAV Change
(Daily)
-0.52%
Data as of: 22-Oct-2021
Fund Size
(USD)
$1.2b
Data as of: 30-Sep-2021
Paul Greene,
Portfolio Manager
Paul Greene is associate portfolio manager of the US Large-Cap Core Growth Equity Strategy in the U.S. Equity Division.

Overview
Strategy
Fund Summary
Long-term capital growth through investment in a diversified portfolio of large- and medium-sized US ‘Blue Chip’ companies.
SMALL-CAP
MID-CAP
LARGE-CAP

91
Holdings

Style
Growth
Risk & Reward Data
Information Ratio
0.72
Sharpe Ratio
1.23
Historical Tracking Error
7.62%
Performance - Net of Fees
Current Year Performance
1 Month
-4.60%
Indicative Benchmark
-4.68%
Excess Return

0.08%
3 Months
1.22%
Indicative Benchmark
0.48%
Excess Return

0.74%
6 Months
13.52%
Indicative Benchmark
8.95%
Excess Return

4.57%
YTD
14.13%
Indicative Benchmark
15.55%
Excess Return

-1.42%
Annualised Performance
1 YR
23.01%
Indicative Benchmark
29.43%
Excess Return

-6.42%
3 YR
18.74%
Indicative Benchmark
15.37%
Excess Return

3.37%
5 YR
21.70%
Indicative Benchmark
16.24%
Excess Return

5.46%
Inception
12.29%
Indicative Benchmark
10.68%
Excess Return

1.61%
Data as of 30-Sep-2021
Indicative Benchmark : S&P 500 Net 30% Withholding Tax
Share Class Inception Date: 05-Feb-2003
Holdings
Total
Holdings
91
Largest
Amazon.com
9.54%
Was ( 30-Jun-2021 )

9.47%
Top 10
52.34%
Largest Contributor
Alphabet
By 0.48%
% of fund
9.32%
Largest Detractor
Amazon.com
By -1.90%
% of fund
9.54%
Largest Purchase
Microsoft
8.82%
Was ( 30-Jun-2021 )
7.45%
Largest Sale
Salesforce.com
0.28%
Was ( 30-Jun-2021 )
1.84%
Data as of 30-Sep-2021
Sectors
Total
Sectors
7
Largest
Information Technology
40.48%
Was ( 31-Aug-2021 )
40.09%
Largest Contributor
Information Technology
By 0.47%
Sector Weight
0.11%
Stock Selection
0.36%
Largest Detractor
Consumer Discretionary
By -0.61%
Sector Weight
-0.01%
Stock Selection
-0.60%
Data as of 30-Sep-2021
Overweight
Communication Services
By 15.36%
Fund
26.65%
Indicative Benchmark
11.29%
Underweight
Financials
By -8.57%
Fund
2.82%
Indicative Benchmark
11.39%
Data as of 30-Sep-2021
Data as of 30-Sep-2021
Indicative Benchmark: S&P 500 Index

Team
Paul Greene,
Portfolio Manager
Paul Greene is associate portfolio manager of the US Large-Cap Core Growth Equity Strategy in the U.S. Equity Division.
Portfolio Manager since
2021
Years at T. Rowe Price
15
Years investment experience
14
Julian Cook,
Portfolio Specialist
Julian Cook is a portfolio specialist in the Equity Division covering the US Large-Cap Growth and Blue Chip Growth Equity Strategies.
Years at T. Rowe Price
4
Years investment experience
27
How to Invest
Fees Minimum Initial Investment and Holding Amount (USD) Minimum Subsequent Investment (USD) Sales Charge (up to) Investment Management Fee (up to)

Indicative Benchmark Data Source: Standard & Poor's. Copyright © 2018, S&P Global Market Intelligence (and its affiliates, as applicable). Reproduction of S&P 500 Index in any form is prohibited except with the prior written permission of S&P Global Market Intelligence (“S&P”). None of S&P, its affiliates or their suppliers guarantee the accuracy, adequacy, completeness or availability of any information and is not responsible for any errors or omissions, regardless of the cause or for the results obtained from the use of such information. In no event shall S&P, its affiliates or any of their suppliers be liable for any damages, costs, expenses, legal fees, or losses (including lost income or lost profit and opportunity costs) in connection with any use of S&P information.

Unless otherwise specified, all fund ratings, awards and data are as of 30-Sep-2021 and sourced from T. Rowe Price. 

SICAV refers to the T. Rowe Price Funds SICAV, a Luxembourg investment company with variable capital which is registered with Commission de Surveillance du Secteur Financier and which qualifies as an undertaking for collective investment in transferable securities (“UCITS”).

Source for performance: T. Rowe Price. Fund performance is calculated using the official NAV with dividends reinvested in the share class currency, if any. The value of an investment and any income from it can go down as well as up. Investors may get back less than the amount invested. It will be affected by changes in the exchange rate between the base currency of the fund and the subscription currency, if different. Sales charges (up to a maximum of 5% for the A Class), taxes and other locally applied costs have not been deducted and if applicable, they will reduce the performance figures. Indicative benchmark returns are shown with gross dividends reinvested.   

Please refer to the factsheet for the Minimum Performance Information and other details.

Investment involves risks. Past performance is not a reliable indicator of future performance. The investment returns for some funds are denominated in foreign currency other than US/HK dollar. US/HK dollar-based investors are therefore exposed to fluctuations in the US/HK dollar against other foreign currency's exchange rate. Investors should refer to the prospectus for full details of the objectives, investment policies and risks.

Performance returns for share classes less than 1 year old (and associated benchmarks) are cumulative rather than annualised.  

The calendar year performance of a share class in its year of inception is calculated from its inception date to the last day of that year, which is not a full year return.

Issued in Hong Kong by T. Rowe Price Hong Kong Limited, 6/F, Chater House, 8 Connaught Road Central, Hong Kong. T. Rowe Price Hong Kong Limited is licensed and regulated by the Securities & Futures Commission (“SFC”). This has not been reviewed by the SFC.

All Risk & Reward Data shown is specific to the particular share class shown, and is not necessarily representative of the fund as a whole. The data is calculated based upon the return and standard deviation of the selected share class over 3 years (if the share class has a track record of between 3 and 5 years) or 5 years, once the share class has sufficient performance history. Risk & Reward Data is not available for share classes with under 3 years’ performance history. 

The specific securities identified and described in this website do not represent all of the securities purchased, sold, or recommended for the sub-fund and no assumptions should be made that the securities identified and discussed were or will be profitable.

Where Top 10 Contributor and Detractor figures are shown (within the Holdings sections), these represent the Top 10 contributing/detracting securities by percentage of positive or negative contribution to performance as of 30-Sep-2021.

Where individual top contributor/detractor figures are shown, these are the largest contributors/detractors by percentage of fund size, out of the Top 10 contributors/detractors to fund performance as of 30-Sep-2021.

Calculation methodology of the contributors/detractors is available upon request. The specific securities identified and described do not represent all of the securities purchased, sold, or recommended for clients in the fund. A complete list of contributors/detractors for the period covered is available upon request.

Certain numbers in this website may not equal the stated totals due to rounding.

The Morningstar rating is sourced from Morningstar.

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Citywire - where the Fund manager is rated by Citywire the rating is based on the manager's 3 year risk adjusted performance.