SICAV
Global Allocation Fund
This 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.
ISIN LU1417861728
View more information on risks
FACTSHEET
KIID
Risk & Reward ?
(SRRI)
1 2 3 4 5 6 7 Data as of: 31-Oct-2020
NAV
(USD)
$14.88
Data as of: 27-Nov-2020
1YR Return
(Annualised)
5.49%
Data as of: 31-Oct-2020
Fund Size
(USD)
$66.6m
Data as of: 31-Oct-2020
Perf Change
(Daily)
0.47%
Data as of: 27-Nov-2020
3YR Return
(Annualised)
4.98%
Data as of: 31-Oct-2020

Overview
Strategy
Fund Summary
In a single offering, this fund offers global diversification across asset classes and regions of the world, tactical views expressed through portfolio reallocations, and bottom up security selection to create an actively managed global portfolio. The fund can tactically overweight and underweight asset classes from their normal allocation.
Risk & Reward Data
Information Ratio
-0.44
Sharpe Ratio
0.31
Historical Tracking Error
1.96%
Performance - Net of Fees
Current Year Performance
MTD
9.09%
Benchmark*
8.15%
Excess Return

0.94%
QTD
7.75%
Benchmark*
6.57%
Excess Return

1.18%
YTD
10.88%
Benchmark*
10.00%
Excess Return

0.88%
Data as of 27-Nov-2020
1 Month
-1.23%
Benchmark*
-1.45%
Excess Return

0.22%
3 Months
-0.07%
Benchmark*
0.10%
Excess Return

-0.17%
Data as of 31-Oct-2020
 
Annualised Performance
1 YR
5.49%
Benchmark*
5.21%
Excess Return

0.28%
3 YR
4.98%
Benchmark*
5.84%
Excess Return

-0.86%
5 YR
N/A
Benchmark*
N/A
Excess Return

N/A
Inception
7.46%
Benchmark*
7.70%
Excess Return

-0.24%
Manager Inception
7.46%
Benchmark*
7.70%
Excess Return

-0.24%
Data as of 31-Oct-2020
Indicative Benchmark : Custom Benchmark - WB for Global Allocation Fund SICAV
Fund Inception: 08-Jul-2016
Manager Inception: 08-Jul-2016

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

Sectors

Team
Charles Shriver,
Co-Portfolio Manager
Charles Shriver is the portfolio manager of the Global Allocation, Balanced, and Spectrum Funds, and he is cochair of the Asset Allocation Committee.
Co-Portfolio Manager since
2017
Years at T. Rowe Price
28
Years investment experience
21
Toby Thompson,
Co-Portfolio Manager
Toby Thompson is a portfolio manager in the Multi-Asset Division. He is a co-portfolio manager of the Balanced Fund, Global Allocation Funds, Moderate Allocation Portfolio, Spectrum Funds, ActivePlus® Portfolios, and Managed Volatility Strategies.
Co-Portfolio Manager since
2020
Years at T. Rowe Price
10
Years investment experience
26
Matt Ko,
Portfolio Specialist
Matthew Ko is a portfolio specialist in the multi-asset team in the Multi-Asset Division. He is the proxy portfolio manager for the suite of target allocation funds and strategies and communicates the firm's global capital markets outlook and asset allocation viewpoints.
Portfolio Specialist since
2017
Years at T. Rowe Price
3
Years investment experience
19
How to Invest
Fees Minimum Initial Investment and Holding Amount Minimum Subsequent Investment Sales Charge (up to) Investment Management Fee Ongoing
Charges1
Class A $1,000 $100 5.00% 140 basis points 1.57%
Class Q $1,000 $100 N/A 65 basis points 0.82%
Class I $2,500,000 $100,000 N/A 65 basis points 0.75%

Benchmark Data Source: MSCI/Bloomberg Barclays/ ICE. MSCI makes no express or implied warranties or representations and shall have no liability whatsoever with respect to any MSCI data contained herein. The MSCI data may not be further redistributed or used as a basis for other indices or any securities or financial products. This report is not approved, reviewed, or produced by MSCI.

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.

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.

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