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 LU2243340366
View more information on risks
FACTSHEET
KIID
Fund Size
(USD)
$8.8m
Data as of: 31-Oct-2021
Perf Change
(Daily)
-0.25%
Data as of: 03-Dec-2021
NAV
(USD)
$11.99
Data as of: 03-Dec-2021
1YR Return
(Annualised)
N/A
Data as of: 31-Oct-2021
3YR Return
(Annualised)
N/A
Data as of: 31-Oct-2021

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.
SMALL-CAP
MID-CAP
LARGE-CAP

35
Holdings

Style
Agnostic
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 03-Dec-2021
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-2021
 
Sectors
Total
Sectors
9
Largest
Industrials & Business Services
21.51%
Was ( 30-Sep-2021 )
21.76%
Over
Industrials & Business Services
By 11.26%
Fund
21.51%
Benchmark*
10.25%
Under
Information Technology
By -9.30%
Fund
13.65%
Benchmark*
22.96%
Data as of 31-Oct-2021
Data as of 31-Oct-2021
Indicative Benchmark: MSCI World Index

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


Team
Peter Bates,
Portfolio Manager
Peter Bates is the portfolio manager of the Global Industrials Strategy in the U.S. Equity Division of T. Rowe Price. In addition, he is an analyst covering mega conglomerates.
Portfolio Manager since
2020
Years at T. Rowe Price
17
Years investment experience
20
Jennifer O'Hara Martin,
Portfolio Specialist
Jennifer O'Hara Martin is a global equity portfolio specialist in the U.S. Equity Division of T. Rowe Price. She is a member of the Global Growth Equity, Global Focused Growth Equity, Global Technology Equity, Communications & Technology Equity, Science & Technology Equity, and US Structured Research Equity Strategy teams.
Years at T. Rowe Price
15
Years investment experience
23
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

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.

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 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”). 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.

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

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.