InvestSMART

LIB - T.Rowe Price Dynamic Global Bond Fund - Managed Fund

Fund Objective
The Investment Manager seeks to maximise performance by (i) generating a consistent performance over the Benchmark by exploiting inefficiencies in the global fixed income and currency markets; (ii) achieving a target value, being the total return of the Fund, in excess of 2% per annum above the Benchmark over the full economic cycle; (iii) achieving an expected tracking volatility, being a measure of the dispersion of returns against the Benchmark, between 1% and 5% per annum; and (iv) managing the risk of negative returns.
Fund Strategy
The Investment Manager seeks to maximise performance by (i) generating a consistent performance over the Benchmark by exploiting inefficiencies in the global fixed income and currency markets; (ii) achieving a target value, being the total return of the Fund, in excess of 2% per annum above the Benchmark over the full economic cycle; (iii) achieving an expected tracking volatility, being a measure of the dispersion of returns against the Benchmark, between 1% and 5% per annum; and (iv) managing the risk of negative returns.

Fund Performance Comparison

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Fees Comparison

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NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.
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Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 0.56% 0.72% -0.26% 1.05% 2.11% 0.55% 0.4% -%
Growth return -0.32% 0.69% -0.73% 0.52% 2.03% 0.19% 0.25% -%
Income return 0.88% 0.03% 0.47% 0.53% 0.08% 0.36% 0.15% -%
Market index (Bloomberg AusBond Composite 0+Y TR AUD)
Total return 0.21% -1.29% -0.51% 3.2% 3.05% 2.85% -0.31% 1.93%
As at 31 Jan 2026. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

LIB - T.Rowe Price Dynamic Global Bond Fund
International Equities
0.10%
Cash
3.93%
Fixed Interest
95.97%
Australian Equities
0%
Property & Infrastructure
0%
Alternatives
0%
Average Allocation of Peers
International Equities
0%
Cash
8.03%
Fixed Interest
91.05%
Australian Equities
0.58%
Property & Infrastructure
0.12%
Alternatives
0.21%

General Information

Fund Details
Type Description
LIB - T.Rowe Price Dynamic Global Bond Fund
Australian Unity Limited
LIF7900AU
Unconstrained Fixed Income
Not Rated (as at 30 Nov 2025)
Investment Fund
21 May 2018
$2.01 million (as at 31 Dec 2025)
$1.0767 (as at 17 Feb 2026)
$1.0767 (as at 17 Feb 2026)
Open
Offer information
Type Description
MER 0.82% (as at 22 Jul 2025)
Indirect Cost Ratio (ICR) - Estimated 0.82% (as at 30 Jun 2025) (Estimated)
Minimum initial investment $1,000.00
Minimum additional investments $100.00

Top 10 holdings (as at 31 Jan 2026)

Holding (as at 31 Jan 2026) Type % of Portfolio
Ultra 10 Year US Treasury Note Future Mar 26 28.86%
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FAQs about the LIB - T.Rowe Price Dynamic Global Bond Fund

The objective of the LIB - T.Rowe Price Dynamic Global Bond Fund managed fund is The Investment Manager seeks to maximise performance by (i) generating a consistent performance over the Benchmark by exploiting inefficiencies in the global fixed income and currency markets; (ii) achieving a target value, being the total return of the Fund, in excess of 2% per annum above the Benchmark over the full economic cycle; (iii) achieving an expected tracking volatility, being a measure of the dispersion of returns against the Benchmark, between 1% and 5% per annum; and (iv) managing the risk of negative returns.

The strategy of the LIB - T.Rowe Price Dynamic Global Bond Fund managed fund is The Investment Manager seeks to maximise performance by (i) generating a consistent performance over the Benchmark by exploiting inefficiencies in the global fixed income and currency markets; (ii) achieving a target value, being the total return of the Fund, in excess of 2% per annum above the Benchmark over the full economic cycle; (iii) achieving an expected tracking volatility, being a measure of the dispersion of returns against the Benchmark, between 1% and 5% per annum; and (iv) managing the risk of negative returns.

The APIR code of the LIB - T.Rowe Price Dynamic Global Bond Fund managed fund is LIF7900AU.

LIB - T.Rowe Price Dynamic Global Bond Fund’s total return last month was 0.56%. This was made up of a growth return of -0.32% and an income return of 0.88%. These returns were calculated as at 31 Jan 2026.

LIB - T.Rowe Price Dynamic Global Bond Fund’s total return for the last three months was 0.72%. This was made up of a growth return of 0.69% and an income return of 0.03%%. These returns were calculated as at 31 Jan 2026.

LIB - T.Rowe Price Dynamic Global Bond Fund’s one-year total return is 1.05%. This was made up of a growth return of 0.52% and an income return of 0.53%. These returns were calculated as at 31 Jan 2026.

LIB - T.Rowe Price Dynamic Global Bond Fund’s one-year total return is 0.55%. This was made up of a growth return of 0.19% and an income return of 0.36%. These returns were calculated as at 31 Jan 2026.

The asset allocation of the LIB - T.Rowe Price Dynamic Global Bond Fund managed fund is :

International Equities
0.10%
Cash
3.93%
Fixed Interest
95.97%
Australian Equities
0%
Property & Infrastructure
0%
Alternatives
0%

The Responsible Entity for the LIB - T.Rowe Price Dynamic Global Bond Fund managed fund is Australian Unity Limited.

The LIB - T.Rowe Price Dynamic Global Bond Fund managed fund belongs to the Unconstrained Fixed Income sector/asset class.

As at 31 Dec 2025, the size of the LIB - T.Rowe Price Dynamic Global Bond Fund managed fund was $2.01 million.

The LIB - T.Rowe Price Dynamic Global Bond Fund managed fund has an inception date of 21 May 2018.

The current entry price of the LIB - T.Rowe Price Dynamic Global Bond Fund managed fund is $1.0767 per unit and the current exit price is $1.0767 per unit (as at 17 Feb 2026).

The current exit price of the LIB - T.Rowe Price Dynamic Global Bond Fund managed fund is $1.0767 per unit and the current entry price is $1.0767 per unit (as at 17 Feb 2026).

The minimum initial investment amount for the LIB - T.Rowe Price Dynamic Global Bond Fund managed fund is $1,000. Minimum additional investment is $100.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.