T. Rowe Price Funds SICAV
Global Government Bond Fund
Is inflation risk keeping you up? Ocean swell can come out of the blue.
When inflation surges, make sure there’s enough ballast in your portfolio.
Designed for consistency
A flexible and diversified high quality global sovereign bond portfolio designed to seek consistent outperformance in both rising and falling interest rate environments
Flexible approach
We invest in a benchmark-aware yet highly flexible portfolio of government bonds, seeking to generate alpha through active interest rate and market management and not by adding credit risk.
Dynamic rate management
With the flexibility to adapt to different market cycles and environments, we invest to avoid capital losses when interest rates are rising and enhance performance when interest rates are falling.
Approach
An actively managed and diversified portfolio of bonds seeking alpha through highly active interest rate and country management.
Fund at a glance
| Inception date | September 2019 |
| No. of holdings | 24 |
| Portfolio Manager | Arif Husain |
| Benchmark | FTSE World Government Bond Index Hedged USD |
| ISIN | LU2041632352 (Q GBP) LU2041632279 (I USD) |
Documents
When investing in funds, certain risks apply, which include credit, derivative, and interest rate risks. For a full list of risks applicable to this fund, please refer to the prospectus.
General Fund Risks
- Conflict of Interest - The investment manager's obligations to a fund may potentially conflict with its obligations to other investment portfolios it manages.
- Counterparty - Counterparty risk may materialise if an entity with which the fund does business becomes unwilling or unable to meet its obligations to the fund.
- Custody - In the event that the depositary and/or custodian becomes insolvent or otherwise fails, there may be a risk of loss or delay in return of certain fund's assets.
- Cybersecurity - The fund may be subject to operational and information security risks resulting from breaches in cybersecurity of the digital information systems of the fund or its third-party service providers.
- ESG - ESG integration as well as events may result in a material negative impact on the value of an investment and performance of the fund.
- Inflation - Inflation may erode the value of the fund and its investments in real terms.
- Investment fund - Investing in funds involves certain risks an investor would not face if investing in markets directly.
- Market - Market risk may subject the fund to experience losses caused by unexpected changes in a wide variety of factors.
- Market liquidity - In extreme market conditions it may be difficult to sell the fund's securities and it may not be possible to redeem shares at short notice.
- Operational - Operational risk may cause losses as a result of incidents caused by people, systems, and/or processes.
- Sustainability - Funds that seek to promote environmental and/or social characteristics may not or only partially succeed in doing so.
The Global Government Bond Fund is a benchmark aware, highly flexible government bond portfolio designed to seek consistent outperformance in both rising and falling interest rate environments.
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