Fact sheet: T. Rowe Price EmgMktsBd

Fund information
Fund name
T. Rowe Price Emerging Markets Bond A USD
Fund manager company
T. Rowe Price
Fund type
Offshore Fund
Fund manager
  • Mr. Michael J. Coneliussince 31/12/2004
Fund objective
To maximise the value of its shares through both growth in the value of, and income from, its investments. The fund invests mainly in a diversified portfolio of bonds of all types from emerging market issuers. The fund may use derivatives for hedging, efficient portfolio management and to seek gains. The fund may also use derivatives to create synthetic short positions in currencies and debt securities.
Benchmark
  • JPMorgan Emerging Markets Bond Index Global Diversified
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
12.4%
1 Year rank in sector
24/216
Sector
FO Fixed Int - Emerging Markets
Yield
-
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
1.42%
Fund size
£198m (£171m last year)
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
85
Top in this sector
Fund name1 Year
UBS (L)BdSIC-Brazil$38.1%
Pictet Lat Am Lcl Cur Dt34.7%
Schroder ISF EmgMktBd31.6%
Rubrics Ind Fxd Inc UCITS31.5%
Pioneer SICV-Emg Mkt Bd29.3%
...more in FO Fixed Int - Emerging Markets

Performance snapshot

Holdings snapshot

  • Others22.4%
    Brazil13.1%
    Mexico7.5%
    Venezuela6.5%
    Argentina5.7%
  • B33.3%
    BB25.2%
    BBB20.7%
    CCC10.9%
    D3.9%
  • Global Fixed Interest22.4%
    American Emerging Fixed Interest22%
    Brazilian Fixed Interest13.1%
    European Emerging Fixed Interest8.4%
    Mexican Fixed Interest7.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2.8%-3.1%3.4%12.4%17.6%28.3%
Sector-3.3%-3.7%1.6%7.8%1.1%6.9%
Rank within sector85 / 22495 / 22342 / 22124 / 21621 / 17022 / 102
Quartile2nd2nd1st1st1st1st
Calendar performance
 YTD - 20162015201420132012
Fund13.2%0.1%2.6%-5%16.4%
Sector9.4%-7.3%-0.6%-7%14.7%
Rank within sector31 / 21842 / 20276 / 17243 / 12953 / 103
Quartile1st1st2nd2nd3rd
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
4.94
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
0.79
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
0.23
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
6.24
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
2.58
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
1.93
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
0.89
Price movement
52 week high19.35
52 week low15.97
Current bid price-
Current offer price-
Current mid price18.64
Region
1Others22.4%
2Brazil13.1%
3Mexico7.5%
4Venezuela6.5%
5Argentina5.7%
6Indonesia5.7%
7Russia5.4%
8Serbia4.8%
9South Africa4.6%
Industry sector
1B33.3%
2BB25.2%
3BBB20.7%
4CCC10.9%
5D3.9%
6Others3.9%
7Non-Rated1.4%
8A0.5%
9CC0.2%
Asset type
1Global Fixed Interest22.4%
2American Emerging Fixed Interest22%
3Brazilian Fixed Interest13.1%
4European Emerging Fixed Interest8.4%
5Mexican Fixed Interest7.5%
6Indonesian Fixed Interest5.7%
7Russian Fixed Interest5.4%
8South African Fixed Interest4.6%
9Asia Pacific Emerging Fixed Interest4.2%
Individual holdings
1PETROLEOS DE VENEZUELA 5.25% NTS 12/04/17 USD4003.65%
2SERBIA(REPUBLIC OF) 4.875% NTS 25/02/20 USD200000 REG S3.22%
3JAMAICA 7.625% NTS 09/07/25 USD2000002.69%
4BRAZIL(FEDERATIVE REPUBLIC OF) 10% BDS 01/01/21 BRL10002.15%
5PERTAMINA PERSERO PT 5.625% BDS 20/05/43 USD2000002.05%
6ESKOM HLDGS LTD 7.125% MTN 11/02/25 USD2000001.9%
7PETROLEOS MEXICANOS 5.5% NTS 27/06/44 USD10001.71%
8BRAZIL(FEDERATIVE REPUBLIC OF) 5% BDS 27/01/45 USD10001.62%
9PETROBRAS GLOBAL FINANCE BV 8.375% BDS 23/05/21 USD20001.5%
Management
Fund manager group
T. Rowe Price
Fund manager company
T. Rowe Price
Fund type
Offshore Fund
Fund objective
To maximise the value of its shares through both growth in the value of, and income from, its investments. The fund invests mainly in a diversified portfolio of bonds of all types from emerging market issuers. The fund may use derivatives for hedging, efficient portfolio management and to seek gains. The fund may also use derivatives to create synthetic short positions in currencies and debt securities.
Benchmark
  • JPMorgan Emerging Markets Bond Index Global Diversified
Investment style
None
Investment method
Fixed Interest
Fund manager
NameSinceBiography
Mr. Michael J. Conelius31/12/2004Michael J. Conelius is a portfolio manager with T. Rowe Price International, formerly know as Rowe Price-Fleming, his employer since 1995. Prior to that, Michael J. Conelius was with T. Rowe Price since 1988.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Transparent for German Tax, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Germany, Denmark, Spain, Estonia, Finland, France, United Kingdom, Ireland, Iceland, Italy, Lithuania, Luxembourg, Latvia, Netherlands, Norway, Offshore, Portugal, Singapore, Sweden
T. Rowe Price Emerging Markets Bond A (EUR) EUR
Initial charge5%
Annual charge1.25%
Min single investment£15,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.42%
Total expense ratio (TER)1.42%
Bid price-
Offer price-
Mid price10.72
CurrencyEUR
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNCCY
T. Rowe Price Emerging Markets Bond A EUR
Initial charge5%
Annual charge1.25%
Min single investment£15,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.42%
Total expense ratio (TER)1.42%
Bid price-
Offer price-
Mid price17.54
CurrencyEUR
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeY854
T. Rowe Price Emerging Markets Bond A USD
Initial charge5%
Annual charge1.25%
Min single investment£15,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.42%
Total expense ratio (TER)1.42%
Bid price-
Offer price-
Mid price18.64
CurrencyUSD
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeY855
T. Rowe Price Emerging Markets Bond I EUR
Initial charge-
Annual charge0.65%
Min single investment£2,500,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)0.75%
Total expense ratio (TER)0.75%
Bid price-
Offer price-
Mid price21.07
CurrencyEUR
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeY852
T. Rowe Price Emerging Markets Bond I USD
Initial charge-
Annual charge0.65%
Min single investment£2,500,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)0.75%
Total expense ratio (TER)0.75%
Bid price-
Offer price-
Mid price22.4
CurrencyUSD
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeY853
T. Rowe Price Emerging Markets Bond Ih 10 GBP
Initial charge-
Annual charge0.65%
Min single investment£2,500,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)0.39%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price11.16
CurrencyGBP
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeNCCZ
T. Rowe Price Emerging Markets Bond Q EUR
Initial charge-
Annual charge0.65%
Min single investment£15,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.82%
Total expense ratio (TER)0.82%
Bid price-
Offer price-
Mid price13.32
CurrencyEUR
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKX4L
T. Rowe Price Emerging Markets Bond Q USD
Initial charge-
Annual charge0.65%
Min single investment£15,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.82%
Total expense ratio (TER)0.82%
Bid price-
Offer price-
Mid price11.44
CurrencyUSD
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE2CR
T. Rowe Price Emerging Markets Bond SD USD
Initial charge-
Annual charge-
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.1%
Total expense ratio (TER)0.1%
Bid price-
Offer price-
Mid price10
CurrencyUSD
Price updated08/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeM7VR
Data provided by

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