T. Rowe Price - Home
Choose your site Enterprise Corporate Financial Intermediary
Your location and language
English
Search
Choose your site Enterprise Corporate Financial Intermediary
Your location and language
English
Your location and language
English
Financial Intermediary / All Funds
Fund Range
Documents

All Funds

  • SICAV ()

  • SICAV III ()

  • SICAV B ()

  • All Asset Classes
  • Equity
  • Fixed Income
  • Multi-Asset
  • All Regions
  • Global
  • Europe
  • Asia Pacific
  • Emerging Mkts
  • US
  • All SFDR Classifications
  • Article 6
  • Article 8
  • Article 9

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. 

Global Equity

Our approach to global equity investing is a truly global one. With one of the most extensive and experienced buy-side global research platforms in the industry, our investment teams aim to seek out quality companies from the broadest possible opportunity set.

SICAV
Future of Finance Equity Fund
To increase the value of its shares, over the long term, through growth in the value of its investments. View More...
ISIN LU2531918139
View more information on risks
FACTSHEET
KID
SFDR DISCLOSURE
30-Nov-2022 - Johannes Loefstrand, Portfolio Manager,
The current global crisis brings investment opportunities, and the long-term growth outlook of many companies remains underpriced, in our view. We acknowledge that there will be individual winners and losers; therefore, careful stock picking in this highly inefficient region is key and forms the core of everything we pursue.
SICAV
Global Focused Growth Equity Fund
An actively managed, high conviction global equity fund for which we seek to identify companies on the right side of change. The portfolio consists of typically 60-80 stocks representing our most compelling bottom-up growth ideas, often derived from technological innovation and secular disruption. The fund is categorised as Article 8 under Sustainable Finance Disclosure Regulation (SFDR). View More...
ISIN LU0143563046
View more information on risks
FACTSHEET
KID
SFDR DISCLOSURE
30-Nov-2024 - David Eiswert, Portfolio Manager,
We believe we are moving away from an efficient global economy, as countries focus on localising supply chains and protecting intellectual capital and energy supplies. Despite increased volatility, we think there are numerous positives that mean 2025 could be a good environment for stock selection, and we are encouraged by the recent broadening of market returns.
SICAV
Global Growth Equity Fund
An actively managed, growth-oriented portfolio of typically 150-200 companies, seeking to harness the best ideas of our global research team. The fund offers broad exposure to the global equity universe, both developed and emerging markets, investing in around 30 countries. The fund is categorised as Article 8 under Sustainable Finance Disclosure Regulation (SFDR). View More...
ISIN LU0382933116
View more information on risks
FACTSHEET
KID
SFDR DISCLOSURE
30-Nov-2024 - Scott Berg, Portfolio Manager,
After the US elections, we have seen assets flow sharply into US equities and emerging markets sell off broadly, while the risk of inflation reaccelerating has risen. However, there is still much uncertainty about what Donald Trump will do when he becomes president, so we are focused on maintaining balance in the portfolio.
SICAV
Global Impact Equity Fund
An actively managed, dual mandate portfolio which seeks both long-term capital appreciation as well as seeking to have a positive effect on the environment and society by investing in companies whose current or future business activities are expected to generate a positive impact under one of the following three impact pillars (“Impact Pillars”):

• Climate and resources;
• Social equity and quality of life; and
• Sustainable innovation and productivity.

The fund is categorised as Article 9 under Sustainable Finance Disclosure Regulation (SFDR). View More...
ISIN LU2377457952
View more information on risks
FACTSHEET
KID
SFDR DISCLOSURE
30-Nov-2020 - Scott Berg, Portfolio Manager,
Given increasing market volatility, we are maintaining a broadly balanced portfolio with sector exposures relatively neutral to our core benchmark. We still own a mix of businesses that we believe are structural winners, durable growers, and higher yielding companies that held up well during the March sell-off but have levelled off since. While we are more cautious in the near-term, we like what we own and remain more constructive over the medium term.
SICAV
Global Natural Resources Equity Fund
An actively managed, broadly diversified portfolio of around 90-120 stocks of natural resources or commodities-related companies. The universe includes companies that own or develop natural resources and other basic commodities and companies both upstream and downstream in the supply chain. View More...
ISIN LU0272423913
View more information on risks
FACTSHEET
KID
30-Nov-2024 - Shinwoo Kim, Co-Portfolio Manager,
There is growing evidence that the current commodity productivity wave is likely in the process of ending and a more structurally favourable commodity outlook beginning. We believe this scenario will create a more supportive backdrop for investing in commodity equities in the coming years.
SICAV
Global Real Estate Securities Fund
An actively managed, high conviction portfolio of typically between 40-80 real-estate securities diversified by property type and geography, including emerging markets. Investments may include real estate investment trusts (REITs), real estate operating companies (REOCs), and other real estate-related entities. The fund is categorised as Article 8 under Sustainable Finance Disclosure Regulation (SFDR). View More...
ISIN LU0382932225
View more information on risks
FACTSHEET
KID
SFDR DISCLOSURE
30-Nov-2024 - Jai Kapadia, Portfolio Manager,
With the US Federal Reserve looking to cut interest rates further, the backdrop for real estate stocks looks more favourable. Our focus remains on companies with solid balance sheets that can grow rents at or above inflation. We expect to see a continued divergence in performance between high-quality Grade A real estate versus Grade B assets.
SICAV
Global Select Equity Fund
An active, style agnostic, high conviction and risk-managed global equity strategy that aims to deliver positive excess returns. Typically invested in 30-45 mid-large cap companies, the fund seeks to invest in strong businesses with durable competitive advantages across a wide spectrum of disruptors, secular growers, and cyclicals/turnarounds. The fund is categorised as Article 8 under Sustainable Finance Disclosure Regulation (SFDR). View More...
ISIN LU2243340366
View more information on risks
FACTSHEET
KID
SFDR DISCLOSURE
30-Nov-2020 - Scott Berg, Portfolio Manager,
Given increasing market volatility, we are maintaining a broadly balanced portfolio with sector exposures relatively neutral to our core benchmark. We still own a mix of businesses that we believe are structural winners, durable growers, and higher yielding companies that held up well during the March sell-off but have levelled off since. While we are more cautious in the near-term, we like what we own and remain more constructive over the medium term.
SICAV
Global Structured Research Equity Fund
An actively managed, analyst-driven portfolio of 750-1,000 stocks reflecting the team’s view of the most attractive risk-adjusted opportunities across the global equity market, including emerging markets. The fund is designed to isolate our stock selection skill by maintaining risk factor exposures and portfolio characteristics similar to those of the MSCI All Country World Net Index. The fund is categorised as Article 8 under Sustainable Finance Disclosure Regulation (SFDR). View More...
ISIN LU2377458257
View more information on risks
FACTSHEET
KID
SFDR DISCLOSURE
30-Nov-2020 - Scott Berg, Portfolio Manager,
Given increasing market volatility, we are maintaining a broadly balanced portfolio with sector exposures relatively neutral to our core benchmark. We still own a mix of businesses that we believe are structural winners, durable growers, and higher yielding companies that held up well during the March sell-off but have levelled off since. While we are more cautious in the near-term, we like what we own and remain more constructive over the medium term.
SICAV
Global Technology Equity Fund
An actively managed, global, all-cap fund that seeks to invest in companies that can benefit from innovation in technology. We invest in around 30-80 high conviction ideas seeking to identify secular growth themes and companies positioned on the right side of change. The fund is categorised as Article 8 under Sustainable Finance Disclosure Regulation (SFDR). View More...
ISIN LU1244139827
View more information on risks
FACTSHEET
KID
SFDR DISCLOSURE
30-Nov-2024 - Dom Rizzo, Portfolio Manager,
We continue to believe in the long-term growth prospects of artificial intelligence (AI) and related productivity gains associated with the technology and in our view, we have the investment framework to responsibly navigate the cycle. We anticipate that the portfolio could see increased turnover as the AI environment changes and we take advantage of the broadening market.
SICAV
Global Value Equity Fund
An actively managed, conviction-based global portfolio of around 80-100 attractively valued companies. We invest across the value spectrum, from deep value through to higher quality, more defensive companies, seeking to deliver positive excess returns regardless of which value substyle is currently favoured by the market. The fund is categorised as Article 8 under Sustainable Finance Disclosure Regulation (SFDR). View More...
ISIN LU0859255472
View more information on risks
FACTSHEET
KID
SFDR DISCLOSURE
31-Oct-2024 - Sebastien Mallet, Portfolio Manager,
As major central banks shift to a path of monetary easing, market concerns on interest rates and inflation may subside and concerns relating to economic growth may ease. Against this backdrop, we believe that yields will likely remain anchored to higher and more normal levels, offering increased opportunities for value investors.
SICAV III
T. Rowe Price Global Focused Growth Eq Net Zero Transition
An actively managed, high conviction global equity fund for which we seek to identify companies on the right side of change. The portfolio typically consists of typically 60-80 stocks representing our most compelling bottom-up growth ideas, often derived from technological innovation and secular disruption. The fund aims to support the transition to net zero by increasing the net zero alignment of the portfolio over time through engagement and other stewardship techniques. The fund is categorised as Article 8 under Sustainable Finance Disclosure Regulation (SFDR). View More...
ISIN LU2055195056
View more information on risks
FACTSHEET
KID
SFDR DISCLOSURE
SICAV III
T. Rowe Price Global Growth Equity Net Zero Transition Fund
An actively managed, growth-oriented portfolio of typically 150-200 companies, seeking to harness the best ideas of our global research team. The fund offers broad exposure to the global equity universe, both developed and emerging markets, investing in around 30 countries. The fund aims to support the transition to net zero by increasing the net zero alignment of the portfolio over time through engagement and other stewardship techniques. The fund is categorised as Article 8 under Sustainable Finance Disclosure Regulation (SFDR). View More...
ISIN LU2098778991
View more information on risks
FACTSHEET
KID
SFDR DISCLOSURE
30-Apr-2020 - Scott Berg, Portfolio Manager,
Even though we do not believe we are experiencing a long-term economic crisis as a result of the coronavirus, in the short term, individuals and companies face an issue of financing rents and expenses. The path to full economic activity is uncertain, implying that we should employ prudent diversification and risk management through the stages of the recovery and any negative surprises, which will be part of that journey.
SICAV III
T. Rowe Price Health Sciences Equity Fund
An actively managed, diversified all-cap portfolio of typically 220-250 companies that are involved in the research, development, production, or distribution of products or services related to health sciences. The fund is categorised as Article 8 under Sustainable Finance Disclosure Regulation (SFDR). View More...
ISIN LU2488120796
View more information on risks
FACTSHEET
KID
SFDR DISCLOSURE

European Equity

There’s no such thing as a single market. The diverse nature of the European investment landscape calls for deep local knowledge and an exceptional breadth of experience – capabilities we have acquired over 30 years of investing across the region.

SICAV
European Equity Fund
An actively managed, high-conviction, all-cap portfolio of around 50-80 of our best European stock ideas. We seek to invest in higher quality businesses at attractive valuations which we believe are being systematically underappreciated by the market. The fund is categorised as Article 8 under Sustainable Finance Disclosure Regulation (SFDR). View More...
ISIN LU0285831334
View more information on risks
FACTSHEET
KID
SFDR DISCLOSURE
30-Nov-2024 - Tobias Mueller, Co-Portfolio Manager,
European equities have exceeded investor expectations this year, and the sluggish economy and the high cost of capital could make earnings estimates more vulnerable to downgrades. This combination may have pushed some parts of the market to be unattractively valued, yet we continue to find many opportunities, including in high-quality companies.
SICAV
European Select Equity Fund
A high-conviction, concentrated all-cap portfolio of around 25-45 primarily European-listed companies. Unconstrained by sector or country, we seek to invest in higher quality businesses at attractive valuations which we believe are being systematically underappreciated by the market. The fund is categorised as Article 8 under Sustainable Finance Disclosure Regulation (SFDR). View More...
ISIN LU2041631891
View more information on risks
FACTSHEET
KID
SFDR DISCLOSURE
SICAV
European Smaller Companies Equity Fund
An actively managed, diversified growth portfolio of around 70-100 small- and mid-cap European companies. Environmental, Social and Governance (ESG) considerations are integrated into the investment process as a component of the investment decision. The fund is categorised as Article 8 under Sustainable Finance Disclosure Regulation (SFDR). View More...
ISIN LU0382931417
View more information on risks
FACTSHEET
KID
SFDR DISCLOSURE
30-Nov-2024 - Ben Griffiths, Portfolio Manager,
Major external disruptions—the coronavirus pandemic, the collapse in supply chains, prolonged destocking, weakness in China—appear to be normalising. We believe this should benefit our higher quality, higher growth portfolio. We are also maintaining balance, and are therefore well invested in sectors which will likely thrive in an inflationary environment.

Asia-Pacific Equity

Investing for the long term is something of a mantra at T. Rowe Price. We never compromise our investment style to follow short-term market trends. Our consistent approach and long term perspective allows us to look through short-term volatility and seek to capture the most attractive opportunities.

SICAV
Asian ex-Japan Equity Fund
An all-cap, growth-oriented portfolio of approximately 70-100 Asia ex-Japan stocks that represent our highest conviction ideas. The fund is categorised as Article 8 under Sustainable Finance Disclosure Regulation (SFDR). View More...
ISIN LU0266341725
View more information on risks
FACTSHEET
KID
SFDR DISCLOSURE
30-Nov-2024 - Anh Lu, Portfolio Manager,
Potential US trade tariffs under President-elect Donald Trump’s administration, the pace of US interest rate cuts, and China’s economic stimulus efforts will likely be among the key factors influencing Asia ex-Japan equity markets ahead. Nonetheless, our bottom-up research continues to point us to quality companies with underpriced potential for durable growth or positive change.
SICAV
Asian Opportunities Equity Fund
An actively managed, high conviction portfolio of around 40-70 Asia ex-Japan companies that we believe can reliably compound earnings and sustain strong cash flow generation over time. Put simply, we aim to buy high quality businesses run by high quality people. The fund is categorised as Article 8 under Sustainable Finance Disclosure Regulation (SFDR). View More...
ISIN LU1044871900
View more information on risks
FACTSHEET
KID
SFDR DISCLOSURE
30-Nov-2024 - Jihong Min, Portfolio Manager,
We continue to find diverse investment opportunities within Asia ex-Japan equities despite the recent market volatility. We believe China remains committed to shoring up its economy and may deploy additional fiscal stimulus when the incoming US administration’s policies become clearer. Elsewhere, India’s economic growth has moderated but not stalled, in our opinion.
SICAV
China Evolution Equity Fund
An actively managed, style agnostic, index unconstrained portfolio investing in c. 40-80 names across A-shares, H-shares and US-listed Chinese stocks. We focus on areas of the market that may be overlooked by some investors, going beyond the top 100 largest companies in the China universe by market cap to identify future winners. View More...
ISIN LU2187417469
View more information on risks
FACTSHEET
KID
30-Nov-2024 - Wenli Zheng, Portfolio Manager,
The incoming Trump administration’s policy initiatives, including the prospect of renewed tariffs, alongside the fiscal policy response from China, and the US Federal Reserve’s rate cutting path, will likely influence Chinese equities. Against this backdrop, we continue to seek companies with high earnings growth visibility and robust business models or those with improving fundamentals.
SICAV
China Growth Leaders Equity Fund
An actively managed, growth oriented, market-cap unconstrained portfolio investing in c.40-80 names across A-shares, H-shares and US-listed Chinese stocks. We seek to identify companies with highly disruptive technology or business models that can capture growth opportunities in fast growing addressable markets and provide long-term capital appreciation. View More...
ISIN LU2243340010
View more information on risks
FACTSHEET
KID
SICAV
Japanese Equity Fund
An actively managed, diversified all-cap portfolio offering exposure to typically 60-80 of our best growth ideas in Japan. The fund is categorised as Article 8 under Sustainable Finance Disclosure Regulation (SFDR). View More...
ISIN LU0230817925
View more information on risks
FACTSHEET
KID
SFDR DISCLOSURE
30-Nov-2024 - Hiroshi Watanabe, Portfolio Manager,
We believe the outlook for Japanese equities is favourable and the market remains a good hunting ground for bottom-up, fundamental investors to find quality businesses at reasonable prices. Signs of a sustainable return of inflation in Japan are encouraging and likely a huge boost for investor and business sentiment.

Emerging Markets Equity

In emerging markets, identifying winners can be profitable; but avoiding losers is critical. Investing in the region since 1985, we believe there is no substitute for proprietary, fundamentally-driven research. That’s why today we have one of the industry’s deepest emerging and frontier markets equity research platforms.

SICAV
Emerging Markets Discovery Equity Fund
A focused, yet well-diversified, actively managed all-cap fund of typically 50-80 emerging markets companies. We seek to identify "forgotten" stocks that are under-owned and under-researched by mainstream investors, and which we believe are positioned to benefit from a fundamental re-rating. The fund is categorised as Article 8 under Sustainable Finance Disclosure Regulation (SFDR). View More...
ISIN LU1244138340
View more information on risks
FACTSHEET
KID
SFDR DISCLOSURE
30-Nov-2024 - Ernest Yeung, Portfolio Manager,
Uncertainty about US trade and fiscal policies may increase volatility in the near term. However, we think prospects for emerging markets still appear promising, given the trajectory for global interest rate cuts. Structural developments, such as the need for increased infrastructure spending and the green transition, are long-term positive catalysts too.
SICAV
Emerging Markets Equity Fund
An actively managed, diversified portfolio of approximately 90-120 emerging markets stocks, unconstrained by country, sector, or market cap. We aim to identify high quality companies with long-term sustainable above-market earnings growth, at prices that do not fully reflect that growth. The fund is categorised as Article 8 under Sustainable Finance Disclosure Regulation (SFDR). View More...
ISIN LU0133084979
View more information on risks
FACTSHEET
KID
SFDR DISCLOSURE
30-Nov-2024 - Eric Moffett, Portfolio Manager,
The US Federal Reserve commenced its long-awaited easing cycle, and we anticipate that this will be supportive of emerging markets more broadly, especially as interest rates start to come down, earnings growth accelerates, and the strength of the US dollar eases. We remain confident in the bottom-up fundamentals of the companies in which we invest.
SICAV
Frontier Markets Equity Fund
An actively managed, portfolio of around 50-80 high quality, high growth companies from across frontier markets. The fund aims to offer pure exposure to the dynamic and fast-growing regions of frontier markets, which we define as any country not included in developed or emerging market indices. View More...
ISIN LU1079765662
View more information on risks
FACTSHEET
KID
30-Nov-2024 - Johannes Loefstrand, Portfolio Manager,
We remain excited about the outlook for Frontier equities and feel encouraged about the region’s growth prospects coupled with attractive valuations. We feel confident in the earnings growth prospects as many key markets, including Vietnam, Philippines and Bangladesh, are cyclically improving. Meanwhile, valuation multiples could be propelled by rate cut effects trickling down from developed markets.

U.S. Equity

We’ve been a leader in US equity investment since we were founded in 1937. During that time, market conditions have constantly changed, but one thing has remained reliably the same – our consistent investment approach and resolute focus on delivering long-term returns for our clients.

SICAV
US Blue Chip Equity Fund
An actively managed, broadly diversified portfolio of typically 75-125 stocks of large and medium sized US "blue chip" companies. We seek to identify "all-season" growth stocks that offer the potential to deliver sustainable returns through differing market cycles. The fund is categorised as Article 8 under Sustainable Finance Disclosure Regulation (SFDR). View More...
ISIN LU0133088293
View more information on risks
FACTSHEET
KID
SFDR DISCLOSURE
30-Nov-2024 - Paul Greene, Portfolio Manager,
With the US Federal Reserve starting its interest rate cutting cycle, the lower cost of capital should prove stimulative for most businesses and be supportive of growth initiatives. Lower yields for fixed income products should also make equities relatively more attractive, providing a more favourable backdrop for investors to take on more risk.
SICAV
US Equity Fund
An actively managed, best-ideas portfolio invested in approximately 50-60 large cap US companies, irrespective of style. The portfolio is tilted opportunistically between growth and value in respect to changing market conditions and investment opportunities. The fund is categorised as Article 8 under Sustainable Finance Disclosure Regulation (SFDR). View More...
ISIN LU0429319774
View more information on risks
FACTSHEET
KID
SFDR DISCLOSURE
30-Nov-2024 - Shawn Driscoll, Portfolio Manager,
While the market has begun to price in a soft economic landing in the US, we believe a recession is still possible. We think an environment where inflation reaccelerates dramatically after remaining steady, leading to a prolonged downturn, is the main risk. Still, we remain committed to identifying fundamentally sound, higher-quality companies with attractive risk-adjusted returns.
SICAV
US Impact Equity Fund
To have a positive impact on the environment and society by investing primarily in sustainable investments, where the companies' current or future business activities are expected to generate a positive impact whilst at the same time seeking to increase the value of its shares, over the long term, through growth in the value of its investments. View More...
ISIN LU2531917834
View more information on risks
FACTSHEET
KID
SFDR DISCLOSURE
30-Nov-2022 - Shawn T. Driscoll, Portfolio Manager,
We anticipate market volatility will persist as investors stay focused on elevated inflation, monetary tightening, and continued geopolitical uncertainty. Against the uncertain backdrop, we remain defensively positioned while actively seeking free cash flow generative businesses with attractive risk-adjusted return algorithms. We believe our lower-beta, high-quality tilt will provide attractive investment outcomes.
SICAV
US Large Cap Growth Equity Fund
An actively managed, US growth portfolio of typically between 60-75 US large cap stocks with diversified exposure across industries. We seek to invest in secularly-advantaged businesses at various stages of their corporate life-cycle, leveraging innovation and change to drive rapid growth in earnings and cash flow. The fund is categorised as Article 8 under Sustainable Finance Disclosure Regulation (SFDR). View More...
ISIN LU0174119775
View more information on risks
FACTSHEET
KID
SFDR DISCLOSURE
30-Nov-2024 - Taymour Tamaddon, Portfolio Manager,
With the US Federal Reserve starting its interest rate cutting cycle, the lower cost of capital should prove stimulative for most businesses and be supportive of growth initiatives. Lower yields for fixed income products should also make equities relatively more attractive, providing a more favourable backdrop for investors to take on more risk.
SICAV
US Large Cap Value Equity Fund
An actively managed, best ideas portfolio of around 70-80 US large cap companies with hidden value and upside potential that we believe are overlooked by the market. We look for high quality companies with effective management teams where we believe they can materially improve the business. The fund is categorised as Article 8 under Sustainable Finance Disclosure Regulation (SFDR). View More...
ISIN LU0133100338
View more information on risks
FACTSHEET
KID
SFDR DISCLOSURE
30-Nov-2024 - John Linehan, Co-Portfolio Manager,
We consider both acceleration and deceleration of the US economy as plausible. Interest rate movements add complexity, as we think the market may underestimate the impact of the US Federal Reserve’s policy easing. Nevertheless, we believe adhering to our valuation discipline, fundamental approach, and long-term orientation will best benefit our clients over a full-market cycle.
SICAV
US Select Value Equity Fund
An actively managed, highly concentrated, yet well-balanced, portfolio of 30-40 US large cap companies that we believe possess compelling valuations and the potential for fundamental improvement. We focus on higher-quality companies with strong brands, franchises, or assets that we think are undervalued. The fund is categorised as Article 8 under Sustainable Finance Disclosure Regulation (SFDR). View More...
ISIN LU2187418350
View more information on risks
FACTSHEET
KID
SFDR DISCLOSURE
SICAV
US Smaller Companies Equity Fund
An actively managed, widely diversified portfolio of around 150 to 200 smaller capitalisation companies (below US$18 billion market cap) in the US. We have a core style orientation that maintains broad exposure to both growth and value stocks. The fund is categorised as Article 8 under Sustainable Finance Disclosure Regulation (SFDR). View More...
ISIN LU0133096981
View more information on risks
FACTSHEET
KID
SFDR DISCLOSURE
30-Nov-2024 - Matt Mahon, Portfolio Manager,
Even though election uncertainty ended following President-elect Donald Trump’s victory on November 5, we remain cautious as softness in the economy and geopolitical instability may lead to further market volatility. While we take economic factors into consideration, they do not drive portfolio construction and we maintain our focus on long-term investment outcomes.
SICAV
US Structured Research Equity Fund
An actively managed, analyst-driven portfolio of 200-275 stocks reflecting the team’s view of the most attractive risk-adjusted opportunities across the US equity market. The fund is designed to isolate our stock selection skill by maintaining risk factor exposures and portfolio characteristics similar to those of the S&P 500 Index Net 30% Withholding Tax. The fund is categorised as Article 8 under Sustainable Finance Disclosure Regulation (SFDR). View More...
ISIN LU2648078835
View more information on risks
FACTSHEET
KID
SFDR DISCLOSURE
31-Oct-2023 - Curt Organt, Co-Portfolio Manager,
We are in a rapidly evolving market environment, and our focus remains on bottom-up stock selection. Additionally, we still view the case for US small companies as attractive on both an absolute and relative to large-cap basis, with the right investment horizon. While we take macroeconomic factors into consideration, we maintain our focus on long-term investment outcomes.
SICAV III
T. Rowe Price US Large Cap Growth Eq Net Zero Transition
An actively managed, US growth portfolio of typically between 60-75 US large cap stocks with diversified exposure across industries. We seek to invest in secularly-advantaged businesses at various stages of their corporate life-cycle, leveraging innovation and change to drive rapid growth in earnings and cash flow. The fund aims to support the transition to net zero by increasing the net zero alignment of the portfolio over time through engagement and other stewardship techniques. The fund is categorised as Article 8 under Sustainable Finance Disclosure Regulation (SFDR). View More...
ISIN LU2095276858
View more information on risks
FACTSHEET
KID
SFDR DISCLOSURE
SICAV III
T. Rowe Price US Large Cap Value Equity Fund
An actively managed, best ideas portfolio of around 70-80 US large cap companies with hidden value and upside potential that we believe are overlooked by the market. We look for high quality companies with effective management teams where we believe they can materially improve the business. The fund is categorised as Article 8 under Sustainable Finance Disclosure Regulation (SFDR). View More...
ISIN LU2243341331
View more information on risks
FACTSHEET
KID
SFDR DISCLOSURE
30-Apr-2020 - Taymour Tamaddon, Portfolio Manager,
We do not pretend to know how long the current crisis will persist or how deep the economic fallout will be. But we will remain opportunistic and firmly focused on the ideas that we believe have the potential to create the most value when we emerge on the other side of this crisis. As always, we are keeping our pencils sharp and will look to add to our highest-conviction ideas.

Asia-Pacific Fixed Income

The Asia-Pacific fixed income universe has expanded rapidly in recent years. At T. Rowe Price, our global research platform is ideally positioned to capture this growth and the market opportunities it offers.

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). View More...
ISIN LU1697875810
View more information on risks
FACTSHEET
KID
SFDR DISCLOSURE
- Sheldon Chan, Portfolio Manager,

Global Fixed Income

The global fixed income universe has expanded rapidly in recent years. At T. Rowe Price, our global research platform, with dedicated teams of sovereign, credit and currency expertise located across the US, Europe and Asia, is ideally positioned to capture this growth and the market opportunities it offers.

SICAV
Diversified Income Bond Fund
A globally diversified portfolio of bonds of all types from a wide range of issuers around the world, including emerging markets. The fund seeks to generate stable income. The fund is categorised as Article 8 under Sustainable Finance Disclosure Regulation (SFDR). View More...
ISIN LU1244139231
View more information on risks
FACTSHEET
KID
SFDR DISCLOSURE
30-Nov-2024 - Vincent Chung, Co-Portfolio Manager,
Uncertainties in the global fixed income market remain elevated considering factors such as tariffs from the incoming Trump administration and political instability in the eurozone, particularly in France and Germany. Non-US currencies will also likely remain volatile in the near-term and pockets of opportunity may arise based on valuations.
SICAV
Dynamic Credit Fund
An actively managed fund that seeks total return through a combination of income and capital appreciation by investing in a variety of credit instruments. Aims to deliver attractive returns, preserve capital through the credit cycle, and outperform equities and high yield in periods of market stress. The fund is categorised as Article 8 under Sustainable Finance Disclosure Regulation (SFDR). View More...
ISIN LU2047632240
View more information on risks
FACTSHEET
KID
SFDR DISCLOSURE
30-Nov-2019 - Arif Husain, Head of Global Fixed Income and CIO,
The global macro environment showed further signs of stabilisation in November. This has led to a number of market participants pricing in the probability of a reflation scenario whereby core bond yields and risk assets rise at the same time. While we expect this to play out, we believe it is important to stay cautious and be measured in taking risk as hard data is yet to significantly rebound.
SICAV
Dynamic Global Bond Fund
We use an active, flexible, benchmark-agnostic approach to invest across the full global fixed income opportunity set aiming to provide sustainable returns, capital preservation and diversification from equity risk. The fund is categorised as Article 8 under Sustainable Finance Disclosure Regulation (SFDR). View More...
ISIN LU1216622214
View more information on risks
FACTSHEET
KID
SFDR DISCLOSURE
30-Nov-2024 - Scott Solomon, Co-Portfolio Manager,
We think bond yields can still rise further given the US economic outlook. Speculation about future US economic policy could potentially create more volatile conditions. Globally, investors continue to contend with slow growth and an underwhelming policy response in China and geopolitical risks. We will maintain a liquid profile in order to adapt to changes.
SICAV
Global Aggregate Bond Fund
An actively managed 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. Environmental, Social and Governance (ESG) considerations are integrated into the investment process as a component of the investment decision. The fund is categorised as Article 8 under Sustainable Finance Disclosure Regulation (SFDR). View More...
ISIN LU0133095660
View more information on risks
FACTSHEET
KID
SFDR DISCLOSURE
30-Nov-2024 - Vincent Chung, Co-Portfolio Manager,
The pace of US interest rate cuts remains highly data dependent. While yields could retrace from early November highs in the short term, longer term we see the potential for higher yields given rising fiscal risks under Donald Trump’s presidency. We are also mindful of trade tariffs, broader geopolitics, growth in China and deflation in Asia.
SICAV
Global Government Bond Fund
An actively managed, concentrated global bond portfolio of high-conviction, high-quality government bonds from liquid sovereign markets, with limited exposure to emerging market risk. The fund seeks to achieve attractive returns that are typically less correlated to equity and credit markets. The fund is categorised as Article 8 under Sustainable Finance Disclosure Regulation (SFDR). View More...
ISIN LU2041632279
View more information on risks
FACTSHEET
KID
SFDR DISCLOSURE
SICAV
Global High Income Bond Fund
A concentrated, high-income portfolio of primarily global high yield corporate bond opportunities. We apply an active management approach to global high yield to capitalise on market inefficiencies, sector positioning and idiosyncratic events while seeking enhanced return potential. The fund is categorised as Article 8 under Sustainable Finance Disclosure Regulation (SFDR). View More...
ISIN LU1216622644
View more information on risks
FACTSHEET
KID
SFDR DISCLOSURE
30-Nov-2024 - Mike Della Vedova, Co-Portfolio Manager,
We believe fundamental conditions in the high yield market and its underlying credit quality remain solid. Historically when yields have reached current levels, we have seen strong forward returns in the asset class, which bodes well for its medium-term performance. However, we expect the default rate to normalise soon given the challenging macroeconomic environment.
SICAV
Global High Yield Bond Fund
An actively managed, bottom-up portfolio that seeks to capture enhanced returns from a diversified global portfolio of income bearing, high-yield securities from around the world, including emerging markets. The portfolio seeks to generate income and growth over the long term. The fund is categorised as Article 8 under Sustainable Finance Disclosure Regulation (SFDR). View More...
ISIN LU0133083492
View more information on risks
FACTSHEET
KID
SFDR DISCLOSURE
30-Nov-2024 - Mike Della Vedova, Co-Portfolio Manager,
We believe fundamental conditions in the high yield market and its underlying credit quality remain solid. Historically when yields have reached current levels, we have seen strong forward returns in the asset class, which bodes well for its medium-term performance. However, we expect the default rate to normalise soon given the challenging macroeconomic environment.
SICAV
Global Impact Credit Fund
An actively managed dual mandate portfolio which simultaneously seeks both benchmark outperformance and positive environmental and social impact by investing in durable, growing businesses with measurable impact criteria. All securities selected have a clearly identified positive impact thesis aligned with at least one of our impact pillars - Climate and Resource impact, Social Equity and Quality of Life, and Sustainable Innovation and Productivity. These pillars are aligned, but not anchored, to the United Nations Sustainable Development Goals (UN SDGs). View More...
ISIN LU2531917594
View more information on risks
FACTSHEET
KID
SFDR DISCLOSURE
SICAV
Global Investment Grade Corporate Bond Fund
A high conviction portfolio of around 75-150 of the best global corporate bond ideas generated by our global research platform. We invest primarily in a diversified portfolio of investment-grade corporate bonds from issuers around the world, including emerging markets. The fund is categorised as Article 8 under Sustainable Finance Disclosure Regulation (SFDR). View More...
ISIN LU1216623295
View more information on risks
FACTSHEET
KID
SFDR DISCLOSURE
30-Nov-2024 - Steve Boothe, Portfolio Manager,
Globally, we see a diverging picture of growth, defined by US strength, weakness in Europe, and improvements in China from a low base. We see better relative value in European investment grade versus the US market though we are cognizant of potential tariffs that Donald Trump’s administration could impose.

European Fixed Income

Europe is an increasingly diverse and complex environment for investors. Risks and opportunities are constantly evolving. Our experienced investment teams use a fundamental, collaborative approach to cut through the noise and generate consistent, long term returns for our clients.

SICAV
Euro Corporate Bond Fund
This actively managed diversified fund invests predominantly in corporate bonds denominated in euros. Environmental, Social and Governance (ESG) considerations are integrated into the investment process as a component of the investment decision. The fund is categorised as Article 8 under Sustainable Finance Disclosure Regulation (SFDR). View More...
ISIN LU0133091248
View more information on risks
FACTSHEET
KID
SFDR DISCLOSURE
30-Nov-2024 - David Stanley, Portfolio Manager,
Growth and market risks have increased in the last month, with short-term political instability in Europe and uncertainty over the impact of the upcoming Trump administration. This may lead to increased medium-term market volatility. In this environment, using our bottom-up, fundamental research process will be key to finding opportunities for alpha and managing downside portfolio risk.
SICAV
European High Yield Bond Fund
An actively managed and research-driven diversified portfolio of primarily European currency denominated high-yield corporate debt issued by below-investment-grade companies. Environmental, Social and Governance (ESG) considerations are integrated into the investment process as a component of the investment decision. The fund is categorised as Article 8 under Sustainable Finance Disclosure Regulation (SFDR). View More...
ISIN LU0596125814
View more information on risks
FACTSHEET
KID
SFDR DISCLOSURE
30-Nov-2024 - Mike Della Vedova, Portfolio Manager,
We remain cautiously optimistic on the asset class. Although defaults could increase slightly amid challenges to economic growth, we believe they will remain around long-term averages as fundamentals are relatively resilient with many issuers prefunded at low interest rates. The European Central Bank easing monetary policy could also lift risk sentiment.

Emerging Markets Fixed Income

While it has become an increasingly established asset class, at T. Rowe Price, we’ve been investing in emerging market debt since its infancy. This depth of experience guides our investment teams to make informed decisions across the full opportunity set, backed by our extensive global research platform.

SICAV
Dynamic Emerging Markets Bond Fund
An actively managed, benchmark-agnostic and flexible portfolio combining high-conviction ideas across sovereign, corporate and local currency bonds. We seek to balance uncorrelated opportunities in order to deliver a consistent return profile over time. The fund is categorised as Article 8 under Sustainable Finance Disclosure Regulation (SFDR). View More...
ISIN LU2187417972
View more information on risks
FACTSHEET
KID
SFDR DISCLOSURE
SICAV
Emerging Local Markets Bond Fund
An actively managed, diversified portfolio of the local-currency denominated bonds of emerging market sovereign issuers. The strategy seeks to provide generally lower levels of credit risk compared to external bonds, with meaningful opportunities in terms of local interest rate cycle and emerging markets currency exposure. Put simply, we aim to buy high quality businesses run by high quality people. The fund is categorised as Article 8 under Sustainable Finance Disclosure Regulation (SFDR). View More...
ISIN LU0310189781
View more information on risks
FACTSHEET
KID
SFDR DISCLOSURE
30-Nov-2024 - Andrew Keirle, Portfolio Manager,
Over the medium to long term, we believe absolute and relative fundamentals, structural changes in index composition, cheap currencies and positive relative technical factors are all supportive of emerging markets local currency bonds. However, we tactically reduced our conviction in the near term due to external risks, including the timeline and implementation of US government policies.
SICAV
Emerging Markets Bond Fund
This is our flagship hard currency emerging markets debt portfolio. Actively managed, it offers broad exposure across emerging markets debt, with a credit-orientated approach that is broadly representative of external sovereign and corporate markets. The fund is categorised as Article 8 under Sustainable Finance Disclosure Regulation (SFDR). View More...
ISIN LU0207127753
View more information on risks
FACTSHEET
KID
SFDR DISCLOSURE
30-Nov-2024 - Samy Muaddi, Portfolio Manager,
We believe emerging markets debt continues to offer a substantial yield premium over many fixed income assets amid broadly supportive sovereign fundamentals. While stressed fiscal conditions persist in some frontier markets, we do not anticipate a systematic default cycle as risks are concentrated in smaller markets that pose less contagion risk.
SICAV
Emerging Markets Corporate Bond Fund
A diversified portfolio of typically 100 to 150 securities in mainly corporate bonds from emerging market issuers. We would expect the bulk of value added to come from security selection, with the rest from sector selection. We employ a long-term investment horizon, combined with low portfolio turnover. The fund is categorised as Article 8 under Sustainable Finance Disclosure Regulation (SFDR). View More...
ISIN LU0596126465
View more information on risks
FACTSHEET
KID
SFDR DISCLOSURE
30-Nov-2024 - Siby Thomas, Co-Portfolio Manager,
We believe optimism about the resilience of emerging markets corporate bonds remains warranted, supported by strong corporate fundamentals, healthy balance sheets, a favourable technical backdrop, and high all-in yields. We are tactically cautious in the asset class given the recent outperformance and tight spreads, although we continue to monitor the environment to reassess our outlook.

U.S. Fixed Income

The largest bond market in the world requires a strong and extensive global research platform. From treasuries to investment grade, high yield to securitised debt, thorough fundamental research is critical to the success of our fixed income products.

SICAV
US Aggregate Bond Fund
The actively managed diversified portfolio aims to generate revenue from investment in a portfolio of US government, corporate, and asset-backed debt. Environmental, Social and Governance (ESG) considerations are integrated into the investment process as a component of the investment decision. The fund is categorised as Article 8 under Sustainable Finance Disclosure Regulation (SFDR). View More...
ISIN LU0181329318
View more information on risks
FACTSHEET
KID
SFDR DISCLOSURE
30-Nov-2024 - Anna Dreyer, Co-Portfolio Manager,
We believe that yields that remain elevated relative to recent years combined with healthy fundamentals should continue to draw investors to high-quality credit sectors. In addition, supportive technical factors such as limited supply and distributed cash that needs to be reinvested could provide a beneficial environment in the near term.
SICAV
US High Yield Bond Fund
An actively managed, high-conviction portfolio primarily focused on the traditional US high yield investment opportunity set. Our approach is more concentrated than those of many competitors. The fund is categorised as Article 8 under Sustainable Finance Disclosure Regulation (SFDR). View More...
ISIN LU1697877279
View more information on risks
FACTSHEET
KID
SFDR DISCLOSURE

Global Multi-Asset

Our approach to global multi-asset investing applies more than 25 years' experience in strategic and tactical asset allocation and leverages the research and active management resources of the T. Rowe Price equity and fixed income groups.

SICAV
An actively managed, diversified multi-asset portfolio of bonds, stocks, and other investments from issuers around the world, including emerging markets. The fund may also make investments in collective investment schemes that pursue absolute return strategies and seek to generate returns that are positive in all market conditions. The fund is categorised as Article 8 under Sustainable Finance Disclosure Regulation (SFDR).
ISIN LU1614212279
View more information on risks
FACTSHEET
KID
SFDR DISCLOSURE
SICAV
This actively managed fund’s broad multi-asset class opportunity set includes developed markets and emerging markets equities, a wide range of global developed markets and emerging markets bond strategies, and various diversifying strategies aiming to improve risk-adjusted returns. The fund is categorised as Article 8 under Sustainable Finance Disclosure Regulation (SFDR).
ISIN LU1417861645
View more information on risks
FACTSHEET
KID
SFDR DISCLOSURE
SICAV
An actively managed, dual mandate portfolio which seeks to have a positive impact on the environment and society by investing primarily in sustainable investments, where the companies' current or future business activities are expected to generate a positive impact whilst at the same time seeking to increase the value of its shares through both growth in the value of, and income from, its investments. The fund is categorised as Article 9 under the Sustainable Finance Disclosure Regulation (SFDR).
ISIN LU2643171858
View more information on risks
FACTSHEET
KID
SFDR DISCLOSURE
SICAV
An actively managed, dynamic multi-asset fund that seeks to offer durable income and long-term capital appreciation, drawing on our global research platform for security selection, and employing a robust risk management process designed to reduce drawdowns. The fund is categorised as Article 8 under Sustainable Finance Disclosure Regulation (SFDR).
ISIN LU2047632679
View more information on risks
FACTSHEET
KID
SFDR DISCLOSURE
SICAV B
To provide attractive long-term risk adjusted returns in all market conditions through investment in a diverse portfolio of non-traditional or alternative strategies.
ISIN LU2078759615
View more information on risks
FACTSHEET
KID

In accordance with MiFID II regulations, performance data for this product will not be displayed until the fund has more than 12 complete months of data available.

No products are available for the selected filters.

SICAV III labelling represents the Select Investment Series III SICAV, a Luxembourg UCITS.

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.  

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.