SICAV III
T. Rowe Price Sustainable Global Growth Equity Fund
A growth-oriented portfolio of typically 150-200 companies, seeking to harness the best ideas of our global research team. The fund offers broad exposure to the global equity universe, both developed and emerging markets, investing in around 30 countries.

Companies that feature on our socially responsible exclusion list, which aligns with our clients’ most common ESG concerns, are not included in the fund.

ISIN LU2098778991
View more information on risks
FACTSHEET
KIID
Risk & Reward ?
(SRRI)
1 2 3 4 5 6 7 Data as of: 31-Oct-2020
NAV
(USD)
$13.19
Data as of: 27-Nov-2020
1YR Return
(Annualised)
N/A
Data as of: 31-Oct-2020
Fund Size
(USD)
$350.5m
Data as of: 31-Oct-2020
Perf Change
(Daily)
1.07%
Data as of: 27-Nov-2020
3YR Return
(Annualised)
N/A
Data as of: 31-Oct-2020

Overview
Strategy
Fund Summary
We seek to invest in high-quality, durable businesses with sustainable growth prospects. We look for companies in attractive industries with improving fundamentals and potential for above-average and sustainable rates of earnings growth, when we believe valuations offer us high conviction, upside potential.
SMALL-CAP
MID-CAP
LARGE-CAP

177
Holdings

Style
Growth
Risk & Reward Data

Risk return statistics are not available until 3 years of data is available.
MiFID II Regulations

In accordance with MiFID II regulations, performance data for this product will not be displayed until the fund has more than 12 complete months of data available.

Performance - Net of Fees
Current Year Performance
MTD
N/A
Benchmark*
N/A
Excess Return

N/A
QTD
N/A
Benchmark*
N/A
Excess Return

N/A
YTD
N/A
Benchmark*
N/A
Excess Return

N/A
Data as of 27-Nov-2020
1 Month
N/A
Benchmark*
N/A
Excess Return

N/A
3 Months
N/A
Benchmark*
N/A
Excess Return

N/A
Data as of 31-Oct-2020
 
Annualised Performance
1 YR
N/A
Benchmark*
N/A
Excess Return

N/A
3 YR
N/A
Benchmark*
N/A
Excess Return

N/A
5 YR
N/A
Benchmark*
N/A
Excess Return

N/A
Inception
N/A
Benchmark*
N/A
Excess Return

N/A
Manager Inception
N/A
Benchmark*
N/A
Excess Return

N/A
Data as of 31-Oct-2020
Indicative Benchmark : MSCI All Country World Index Net
Fund Inception: 05-Feb-2020
Manager Inception: 05-Feb-2020

* The index shown is not a formal benchmark. It is shown only for comparison purposes.

Holdings
Total
Holdings
177
Largest
Amazon.com
3.39%
Was ( 30-Jun-2020 )

4.05%
Top 10
16.79%
Purchase
FedEx (N)
0.97%
Was ( 30-Jun-2020 )
0.00%
Sale
Bank of Philippine Islands (E)
0.00%
Was ( 30-Jun-2020 )
0.97%
Data as of 30-Sep-2020
Sectors
Total
Sectors
11
Largest
Information Technology
20.44%
Was ( 30-Sep-2020 )
21.10%
Over
Consumer Discretionary
By 4.63%
Fund
17.66%
Benchmark*
13.04%
Under
Energy
By -2.21%
Fund
0.54%
Benchmark*
2.75%
Data as of 31-Oct-2020
Data as of 31-Oct-2020
Indicative Benchmark: MSCI All Country World Index

* The index shown is not a formal benchmark. It is shown only for comparison purposes.

Regions
Data as of
Countries
Total
Countries
24
Largest
United States
53.17%
Was ( 30-Sep-2020 )
51.87%
Over
Germany
By 3.90%
Fund
6.26%
Benchmark*
2.36%
Under
Japan
By -5.37%
Fund
1.57%
Benchmark*
6.94%
Data as of 31-Oct-2020
Data as of 31-Oct-2020
Indicative Benchmark: MSCI All Country World Index

* The index shown is not a formal benchmark. It is shown only for comparison purposes.

Currency
Total
Currencies
18
Largest
U.S. dollar
65.41%
Was ( 30-Sep-2020 )
65.69%

Over
U.S. dollar
By 5.13%
Fund
65.41%
Benchmark*
60.28%
Under
Japanese yen
By -5.36%
Fund
1.58%
Benchmark*
6.94%
Data as of 31-Oct-2020
Indicative Benchmark: MSCI All Country World Index

* The index shown is not a formal benchmark. It is shown only for comparison purposes.


Team
Scott Berg,
Lead Portfolio Manager
Scott Berg is the portfolio manager for the T. Rowe Price Global Growth Equity Strategy.
Lead Portfolio Manager since
2020
Years at
T. Rowe Price
18
Years investment experience
18
Hari Balkrishna,
Portfolio Manager
Hari Balkrishna is an associate portfolio manager for the Global Growth Equity Strategy in the Equity Division of T. Rowe Price. Mr. Balkrishna has 10 years of investment experience. He completed an internship at T. Rowe Price in 2009. Prior to joining the firm in 2010, he worked at Goldman Sachs, Sydney, Australia, in the financial institutions group of the Investment Banking Division.
Portfolio Manager since
2020
Years at T. Rowe Price
10
Years investment experience
12
Laurence Taylor,
Portfolio Specialist
Laurence Taylor is a portfolio specialist in the Equity Division at T. Rowe Price, representing the firm's global equity portfolio managers to institutional clients, consultants and prospects.
Years at
T. Rowe Price
11
Years investment experience
20
How to Invest
Fees Minimum Initial Investment and Holding Amount Minimum Subsequent Investment Sales Charge (up to) Investment Management Fee Ongoing
Charges1
Class I USD 2.5 million USD 100,000 N/A 75 basis points 0.85%

In accordance with MiFID II regulations, performance data for this product will not be displayed until the fund has more than 12 complete months of data available.

SICAV III labelling represents the Select Investment Series III SICAV, a Luxembourg UCITS.

Please note that the Fund typically has a risk of high volatility.

Indicative Benchmark Data Source: MSCI. MSCI and its affiliates and third party sources and providers (collectively, “MSCI”) makes no express or implied warranties or representations and shall have no liability whatsoever with respect to any MSCI data contained herein. The MSCI data may not be further redistributed or used as a basis for other indices or any securities or financial products. This report is not approved, reviewed, or produced by MSCI. Historical MSCI data and analysis should not be taken as an indication or guarantee of any future performance analysis, forecast or prediction. None of the MSCI data is intended to constitute investment advice or a recommendation to make (or refrain from making) any kind of investment decision and may not be relied on as such.

Past performance is not a reliable indicator of future performance.

Source for performance: T. Rowe Price. Fund performance is calculated using the official NAV with dividends reinvested, 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.

Daily performance data is based on the latest available NAV.  

The Funds are sub-funds of the Select Investment Series III 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”). Full details of the objectives, investment policies and risks are located in the prospectus which is available with the key investor information documents in English and in an official language of the jurisdictions in which the Funds are registered for public sale, together with the articles of incorporation and the annual and semi-annual reports (together “Fund Documents”). Any decision to invest should be made on the basis of the Fund Documents which are available free of charge from the local representative, local information/paying agent or from authorised distributors and via www.troweprice.com.

Hedged share classes (denoted by 'h') utilise investment techniques to mitigate currency risk between the underlying investment currency(ies) of the fund and the currency of the hedged share class.  The costs of doing so will be borne by the share class and there is no guarantee that such hedging will be effective.

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.

A full list of the currently issued Share Classes including Distributing, Hedged, and Accumulating Categories may be obtained, free of charge and upon request, from the registered office of the Company.  

1 Please note that the Ongoing Charges figure is inclusive of the Investment Management Fee and is charged per annum.

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.