SICAV
Responsible Global Aggregate Bond Fund
A portfolio of holdings of between around 400 and 600 issuers that seeks to exploit inefficiencies in the full universe of the global fixed income and currency markets.
ISIN LU0133095660
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FACTSHEET
KIID
FUND PROFILE
COMMENTARY

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Average
Coupon
2.16%
Data as of: 30-Nov-2021
Average
Maturity
10.07yrs
Data as of: 30-Nov-2021
Average
Duration
6.46 yrs
Data as of: 30-Nov-2021
Fund Size
(USD)
$670.0m
Data as of: 30-Nov-2021
Perf Chg
(Daily)
-0.28%
Data as of: 07-Dec-2021
3YR Return
(Cumulative)
15.95%
IA Sector ranking: N/A
Data as of: 30-Nov-2021
Risk & Reward
(SRRI)?
1 2 3 4 5 6 7 Data as of: 30-Nov-2021
NAV
(USD)
$17.77
Data as of: 07-Dec-2021

1YR Return
-3.52%
IA Sector ranking: N/A
Data as of: 30-Nov-2021

Overview
Strategy
Fund Summary
Our approach is to aim to generate consistent performance over the benchmark through a focus on successful alpha generation and effective risk management. The team use bottom-up market fundamental, valuation, and technical analysis to identify opportunities. These are then narrowed down by comparing them within an explicit risk/reward framework.
Investment Association Sector:
Global Bonds
Interest Rate Sensitivity
LIMITED
MODERATE
EXTENSIVE

647
Holdings
Risk & Reward Data
Information Ratio
0.23
Sharpe Ratio
0.59
Historical Tracking Error
1.36%
Performance
YTD 1 year 3 year

Cumulative

5 year

Cumulative

Since Inception

Cumulative

Fund -5.17% -3.52% 15.95% 19.37% 78.10%
IA Sector Ranking N/A N/A N/A N/A N/A
IA Sector N/A N/A N/A N/A N/A
Excess Return N/A N/A N/A N/A N/A
Indicative Benchmark -4.57% -3.29% 13.58% 17.58% 70.67%
Excess Return -0.60% -0.23% 2.37% 1.79% 7.43%

Data as of 30-Nov-2021

Sectors
Total
Sectors
6
Largest
Government
60.52%
Was ( 31-Oct-2021 )
59.89%
Over
Collateralised
By 4.26%
Fund
17.55%
Benchmark*
13.30%
Under
Agency/Supranationals
By -10.29%
Fund
0.32%
Benchmark*
10.61%
Data as of 30-Nov-2021
Data as of 30-Nov-2021
Indicative Benchmark: Bloomberg Global Aggregate Bond Index

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


Team
Arif Husain,
Head of International Fixed Income
Arif Husain is head of International Fixed Income at T. Rowe Price. He is lead portfolio manager for the Dynamic Global and Global Aggregate Bond Strategies.
Head of International Fixed Income since
2014
Years at
T. Rowe Price
7
Years investment experience
24
Quentin Fitzsimmons,
Portfolio Manager
Quentin Fitzsimmons is a senior portfolio manager in the Fixed Income division and a member of the Global Fixed Income investment team. He is co-portfolio manager of the Dynamic Global Bond and Global Aggregate Bond strategies.
Portfolio Manager since
2016
Years at T. Rowe Price
5
Years investment experience
29
Stephane Fertat,
Portfolio Specialist
Stephane Fertat is a fixed income portfolio specialist. He is a member of the Global Fixed Income team, supporting all global/international fixed income strategies.
Years at
T. Rowe Price
13
Years investment experience
23

Benchmark Data Source: Bloomberg Index Services Limited. BLOOMBERG® is a trademark and service mark of Bloomberg Finance L.P. and its affiliates (collectively “Bloomberg”). BARCLAYS® is a trademark and service mark of Barclays Bank Plc (collectively with its affiliates, “Barclays”), used under license. Bloomberg or Bloomberg’s licensors, including Barclays, own all proprietary rights in the Bloomberg Barclays Indices. Neither Bloomberg nor Barclays approves or endorses this material, or guarantees the accuracy or completeness of any information herein, or makes any warranty, express or implied, as to the results to be obtained therefrom and, to the maximum extent allowed by law, neither shall have any liability or responsibility for injury or damages arising in connection therewith.

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.

The Morningstar rating is sourced from Morningstar.

©2021 Morningstar, Inc.  All Rights Reserved.  The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely.  Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.

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