Performance returns for share classes less than 1 year old (and associated benchmarks) are cumulative rather than annualised.  

Source for performance: T. Rowe Price. Fund performance is calculated using the official NAV in share class currency with distributions reinvested, if any. Sales charges, taxes and other locally applied costs have not been deducted and if applicable, they will reduce the performance figures. 

For any equity benchmarks shown, returns shown with reinvestment of dividends after the deduction of withholding taxes, unless otherwise stated.