Choose your location
Australia
English
Belgium
Denmark
Estonia
Finland
France
Iceland
Ireland
Latvia
Lithuania
Luxembourg
Netherlands
Norway
Portugal
Sweden
United Kingdom
The T. Rowe Price Dynamic Global Bond Fund aims to generate performance, regardless of the interest rate environment. It combines the key benefits of a traditional fixed income strategy with a flexible and dynamic approach.
For investors this means, even in challenging economic markets like the present, you still have the opportunity to benefit from the performance of fixed income.
The four-decade-long bull market in global bond markets is over. Today we seek to generate performance from global bonds with a flexible approach and the ability to take opportunistic positions, including short exposure in currency and credit markets.
Our Goals:
Consistent Performance
- Seeks modest and repeatable outperformance; Controlled risk profile with bond-like volatility.
Downside risk management
- Focuses on downside risk from potential rise in interest rates.
Diversification
- Low correlation with risky markets during periods of risk aversion.
Watch our video
The Case for Dynamic Global Bond
Amanda Stitt, Portfolio Specialist, explains how the T. Rowe Price Dynamic Global Bond Fund offers investors the opportunity to generate performance in various economic cycles, while also seeking to provide diversification and downside risk management.
Watch our video
All you need to know (in 2 minutes)
Our Dynamic Global Bond Fund
RESEARCH
We explore the investment themes driving fixed income markets and investment ideas for this environment.
Latest insights
Fund at a glance
T. Rowe Price Dynamic Global Bond Fund
I Class
The T. Rowe Price Dynamic Global Bond Fund is a portfolio of global fixed-income securities seeking to deliver consistent income and manage downside risk.
2 The Management Fee for the T. Rowe Price Dynamic Global Bond Fund – I class is 0.40% p.a. and the Indirect Cost is 0.00% p.a.
Full details of other fees and charges are available within the Fund’s Product Disclosure Statement and Reference Guide.
APIR
ETL0398AU
ARSN
167 869 561
Benchmark
Bloomberg AusBond Bank Bill Index (AUD)
Base currency
AUD
Minimum investment
$500,000
Minimum suggested time frame
5 years
Management fees and costs
0.40% p.a.2
Distribution frequency
Quarterly
2 The Management Fee for the T. Rowe Price Dynamic Global Bond Fund – I class is 0.40% p.a. and the Indirect Cost is 0.00% p.a.
Full details of other fees and charges are available within the Fund’s Product Disclosure Statement and Reference Guide.
T. Rowe Price Dynamic Global Bond Fund
S Class
The T. Rowe Price Dynamic Global Bond Fund is a portfolio of global fixed-income securities seeking to deliver consistent income and manage downside risk.
1 The Management Fee for the T. Rowe Price Dynamic Global Bond Fund – S class is 0.59% p.a. and the Indirect Cost is 0.00% p.a
Full details of other fees and charges are available within the Fund’s Product Disclosure Statement and Reference Guide.
APIR
ETL2511AU
ARSN
167 869 561
Benchmark
Bloomberg AusBond Bank Bill Index (AUD)
Base currency
AUD
Minimum investment
$50,000
Minimum suggested time frame
5 years
Management fees and costs
0.59% p.a.1
Distribution frequency
Quarterly
1 The Management Fee for the T. Rowe Price Dynamic Global Bond Fund – S class is 0.59% p.a. and the Indirect Cost is 0.00% p.a
Full details of other fees and charges are available within the Fund’s Product Disclosure Statement and Reference Guide.
Past performance is not a reliable indicator of future performance.
Risk (please read the PDS for further details)
Medium. The following risks are materially relevant to the Fund.
Credit risk: that an issuer of credit support provider of a debt security could suffer an adverse change in financial conditions.
Volatility risk: the performance of the Fund has a risk of high volatility.
Emerging markets risk: emerging markets are less established than developed markets and therefore involve higher risks.
Investor profile
The Fund may be suitable for investors who:
- Seek the potential for a high level of current income and some capital appreciation over time
- Wish to diversify their portfolio.
The Fund may not be suitable for investors who:
- Are unable to accept the risk associated with investing in global fixed income and derivatives.
- Have an investment time horizon of five years or less.
Subscribe for our monthly Dynamic Global Bond newsletter
Sign up to receive our monthly Dynamic Global Bond product update.
Want to know more about our global fixed income capabilities?
Important Information
Available in Australia for Wholesale Clients only. Not for further distribution.
Equity Trustees Limited (“Equity Trustees”) (ABN: 46 004 031 298, AFSL: 240975), is the Responsible Entity for the T. Rowe Price Australian Unit Trusts ("the Fund"). Equity Trustees is a subsidiary of EQT Holdings Limited (ABN: 22 607 797 615), a publicly listed company on the Australian Securities Exchange (ASX: EQT).
This material has been prepared by T. Rowe Price Australia Limited ("TRPAU") (ABN: 13 620 668 895, AFSL: 503741) to provide you with general information only. In preparing this information, we did not take into account the investment objectives, financial situation or particular needs of any particular person. It is not intended to take the place of professional advice and you should not take action on specific issues in reliance on this information. Neither TRPAU, Equity Trustees nor any of its related parties, their employees or directors, provide and warranty of accuracy or reliability in relation to such information or accepts any liability to any person who relies on it.
Past performance is not a reliable indicator of future performance. You should obtain a copy of the Product Disclosure Statement, which is available from Equity Trustees (www.eqt.com.au/insto) or TRPAU (www.troweprice.com.au), before making a decision about whether to invest in the Fund named in this material.
The Fund’s Target Market Determination is available here. It describes who this financial product is likely to be appropriate for (i.e. the target market), and any conditions around how the product can be distributed to investors. It also describes the events or circumstances where the Target Market Determination for this financial product may need to be reviewed.
202410-3952741