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  5. T. Rowe Price Global Equity Open - Managed fund profile

T. Rowe Price Global Equity Open - Managed Fund

Fund Objective
The Fund's objective is to provide long-term capital appreciation by investing primarily in a portfolio of securities of companies which are traded, listed or due to be listed, on recognised exchanges and/or markets throughout the world. The portfolio may include investments in the securities of companies traded, listed or due to be listed, on recognised exchanges and/or markets, of developing countries.
Fund Strategy
The investment process involves determining the Fund's investment universe,whichincludescompaniestraded,listedorduetobelisted, onrecognisedexchangesand/ormarkets,ofcountrieswhichTRowe Pricehasdeterminedaredevelopedordevelopingcountries. T. Rowe Price leverages the proprietary fundamental research and analysis performed by the organisation's integrated worldwide network of more than 100 equity investment professionals to identify highly recommended companies.

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 4.11% 3.38% 9.77% 28.94% 18.82% 4.22% -% -%
Growth return 4.11% 3.38% 4.85% 23.17% 15.49% 1.62% -% -%
Income return 0% 0% 4.92% 5.77% 3.33% 2.6% -% -%
Market index (MSCI World Ex Australia NR AUD)
Total return 3.92% 2.14% 10.2% 29.31% 20.19% 11.39% 13.27% 13.18%
As at 31 Oct 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

T. Rowe Price Global Equity Open
International Equities
99.69%
Cash
0.31%
Australian Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
International Equities
93.20%
Cash
2.45%
Australian Equities
2.64%
Property
1.51%
Fixed Interest
0.12%
Alternatives
0.09%

General Information

Fund Details
Type Description
T. Rowe Price Global Equity Open
Equity Trustees Ltd
ETL7771AU
Equity World Large Growth
starstarstar (as at 31 Oct 2024)
Investment Fund
29 Jun 2020
$1103.09 million (as at 31 Oct 2024)
$2.0321 (as at 21 Nov 2024)
$2.0281 (as at 21 Nov 2024)
Open
Offer information
Type Description
MER 0.10% (as at 1 Aug 2023)
Indirect Cost Ratio (ICR) 0.10% (as at 30 Jun 2023)
Performance fee (not included in ICR) Not Available
Minimum initial investment $10,000,000
Minimum additional investments $500,000

Top 10 holdings (as at 31 Oct 2024)

Holding (as at 31 Oct 2024) Type % of Portfolio
NVIDIA Corp Equity 4.19%
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FAQs about the T. Rowe Price Global Equity Open

The objective of the T. Rowe Price Global Equity Open managed fund is The Fund's objective is to provide long-term capital appreciation by investing primarily in a portfolio of securities of companies which are traded, listed or due to be listed, on recognised exchanges and/or markets throughout the world. The portfolio may include investments in the securities of companies traded, listed or due to be listed, on recognised exchanges and/or markets, of developing countries.

The strategy of the T. Rowe Price Global Equity Open managed fund is The investment process involves determining the Fund's investment universe,whichincludescompaniestraded,listedorduetobelisted, onrecognisedexchangesand/ormarkets,ofcountrieswhichTRowe Pricehasdeterminedaredevelopedordevelopingcountries. T. Rowe Price leverages the proprietary fundamental research and analysis performed by the organisation's integrated worldwide network of more than 100 equity investment professionals to identify highly recommended companies.

The APIR code of the T. Rowe Price Global Equity Open managed fund is ETL7771AU.

T. Rowe Price Global Equity Open’s total return last month was 4.11%. This was made up of a growth return of 4.11% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

T. Rowe Price Global Equity Open’s total return for the last three months was 3.38%. This was made up of a growth return of 3.38% and an income return of 0%%. These returns were calculated as at 31 Oct 2024.

T. Rowe Price Global Equity Open’s one-year total return is 28.94%. This was made up of a growth return of 23.17% and an income return of 5.77%. These returns were calculated as at 31 Oct 2024.

T. Rowe Price Global Equity Open’s one-year total return is 4.22%. This was made up of a growth return of 1.62% and an income return of 2.6%. These returns were calculated as at 31 Oct 2024.

The asset allocation of the T. Rowe Price Global Equity Open managed fund is :

International Equities
99.69%
Cash
0.31%
Australian Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the T. Rowe Price Global Equity Open managed fund is Equity Trustees Ltd.

The T. Rowe Price Global Equity Open managed fund belongs to the Equity World Large Growth sector/asset class.

As at 31 Oct 2024, the size of the T. Rowe Price Global Equity Open managed fund was $1103.09 million.

The T. Rowe Price Global Equity Open managed fund has an inception date of 29 Jun 2020.

The current entry price of the T. Rowe Price Global Equity Open managed fund is $2.0321 per unit and the current exit price is $2.0281 per unit (as at 21 Nov 2024).

The current exit price of the T. Rowe Price Global Equity Open managed fund is $2.0281 per unit and the current entry price is $2.0321 per unit (as at 21 Nov 2024).

The minimum initial investment amount for the T. Rowe Price Global Equity Open managed fund is $10,000,000. Minimum additional investment is $500000.

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.