Capital at risk. Past performance is not a guarantee or a reliable indicator of 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.
Strategy
Investment Objective
The fund invests mainly in a diversified portfolio of bonds, shares and other investments from issuers around the world, including emerging markets. The fund seeks to achieve its sustainable investment objective through the investment manager’s impact inclusion criteria, investment process alignment with one or more of the UN Sustainable Development Goals (UN SDGs) and the application of its proprietary impact exclusion list which aims to avoid sectors and/or companies whose activities may be considered harmful to the environment and/or society. We leverage integrated fundamental research and ESG resources to systematically and proactively evaluate the quality and long-term sustainability of investment candidates. The manager is not constrained by the fund’s benchmark, which is used for performance comparison purposes only.
Investment Approach
- Our dual mandate simultaneously seeks both capital growth and income as well as positive environmental and social impact by investing in durable, growing businesses with measurable impact criteria.
- The fund is actively managed and identifies impact investments through; proprietary inclusion and exclusion screening, verifying the investments’ alignment to the impact pillars, and evaluating the credibility of the ESG-labelled bonds.
- Each company selected for inclusion in the portfolio has current business activities that are expected to generate a material and measurable positive impact under at least one of the two impact pillars listed:
o Climate and resource impact;
o Social equity and quality of life;
- Impact pillars are aligned to the UN Sustainable Development Goals (UNSDGs), a globally recognized framework designed to end poverty, protect the planet, and ensure prosperity.
- Tactical asset allocation helps adjust the strategy’s asset allocation based on market conditions, economic indicators, and emerging trends within the impact universe.
- A typical strategic asset allocation could be 50% global impact equity, 40% global impact corporate bonds, and 10% ESG‑labelled high‑quality bonds.
Past performance is not a reliable indicator of future performance.
Risks