Capital at 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.
The listed funds are not an exhaustive list of funds available. Visit www.funds.troweprice.com to see the full range of funds offered by T. Rowe Price, including those that consider environmental and social characteristics as part of their investment process. For up to date information regarding any T. Rowe Price fund's investment strategy, please see the relevant fund KID and prospectus.
SICAV
Asia Credit Bond Fund
An actively managed, diversified portfolio of U.S. dollar-denominated fixed income securities of issuers domiciled, or exercising the predominant part of their economic activity, in Asian countries, excluding Japan. The fund is categorised as Article 8 under Sustainable Finance Disclosure Regulation (SFDR).
ISIN LU1697875810
Overview
Strategy
Fund Summary
Our approach is based on proprietary fundamental credit research and relative value analysis. The investment process places a strong emphasis on risk management practices and portfolio diversification to manage the overall risk profile. We seek to exploit market inefficiencies and identify unique and underfollowed credit ideas. The promotion of environmental and/or social characteristics is achieved through the fund's commitment to maintain at least 10% of the value of its portfolio invested in Sustainable Investments, as defined by the SFDR. Additionally, we apply a proprietary responsible screen (exclusion list). The manager is not constrained by the fund’s benchmark, which is used for performance comparison purposes only.
Asia Pacific Excluding Japan
Team

Sheldon Chan,
Portfolio Manager
Portfolio Manager
Sheldon Chan is a portfolio manager and emerging market credit analyst in the Fixed Income Division. He is co-portfolio manager of T. Rowe Price’s Asia Credit Bond Strategy.
Portfolio Manager
since
2018
Years at T. Rowe Price
8
Years investment experience
15

Leonard Kwan,
Portfolio Manager
Portfolio Manager
Leonard Kwan is a vice president of T. Rowe Price Group, Inc. and T. Rowe Price Hong Kong Limited and a portfolio manager in Hong Kong. He was previously an international trader in Global Trading. Prior to joining the firm in 2014, he was a fixed income trader at UBS AG.
Portfolio Manager
since
2022
Years at T. Rowe Price
7
Years investment experience
22

Yukiko Hanai,
Portfolio Specialist
Portfolio Specialist
Yukiko Hanai is a global fixed income portfolio specialist in the Fixed Income Division of T. Rowe Price, based in Tokyo. She works closely with our local offices in Asia and provides technical knowledge and client servicing for a number of our global fixed income strategies.
Years at T. Rowe Price
3
Years investment experience
28

Ramon Maronilla,
Portfolio Specialist
Portfolio Specialist
Ramon Maronilla is a portfolio specialist in the Fixed Income Division. Ramon's investment experience began in 1998, and he has been with T. Rowe Price since 2022, beginning in the Fixed Income Division. Prior to this, Ramon was employed by J.P. Morgan Asset Management as the head of fixed income investment specialists. Previously, Ramon was employed by State Street Global Advisors Asia Limited as a senior product engineer and by PIMCO as an account manager. Ramon earned an M.B.A. from Columbia Business School and an economics degree from the University of the Philippines. Ramon also has earned the Chartered Financial Analyst® designation. CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
Years at T. Rowe Price
0
Years investment experience
24