Fact sheet: T. Rowe Price EmgMktsCorpBd

Fund information
Fund name
T. Rowe Price Emerging Markets Corporate Bond A USD
Fund manager company
T. Rowe Price
Fund type
Offshore Fund
Fund managers
  • Samy B. Muaddisince 30/09/2015
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 corporate bonds 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
  • JPM CEMBI Broad Diversified
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
8.1%
1 Year rank in sector
58/217
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.
1.52%
Fund size
£16m (£15m 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.
78
Top in this sector
Fund name1 Year
UBS (L)BdSIC-Brazil$35%
Rubrics Ind Fxd Inc UCITS32%
Pictet Lat Am Lcl Cur Dt31.8%
Schroder ISF EmgMktBd31.7%
Old Mutual Em Mt Dt29.2%
...more in FO Fixed Int - Emerging Markets

Performance snapshot

Holdings snapshot

  • Others13.8%
    Brazil12.8%
    Mexico10.4%
    China6.8%
    Indonesia6.7%
  • Telecom, Media & Technology22.1%
    Financials20%
    Industrials12.7%
    Oil & Gas11.6%
    Utilities9.4%
  • Global Fixed Interest14.3%
    Brazilian Fixed Interest12.8%
    American Emerging Fixed Interest11.2%
    Mexican Fixed Interest10.4%
    Chinese Fixed Interest6.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2.3%-3%1.8%8.1%12.8%30.1%
Sector-3.4%-3.8%1.7%6.9%0.6%6.1%
Rank within sector58 / 22578 / 22481 / 22258 / 21752 / 17116 / 102
Quartile2nd2nd2nd2nd2nd1st
Calendar performance
 YTD - 20162015201420132012
Fund9.1%-0.4%3.1%-1%17.1%
Sector8.9%-7.3%-0.6%-7%14.7%
Rank within sector73 / 21951 / 20369 / 17311 / 12945 / 103
Quartile2nd2nd2nd1st2nd
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.
3.84
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.
0.63
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.
0.07
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%.
5.13
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.
3.53
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.
1.11
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.
0.82
Price movement
52 week high12.85
52 week low11.27
Current bid price-
Current offer price-
Current mid price12.46
Region
1Others13.8%
2Brazil12.8%
3Mexico10.4%
4China6.8%
5Indonesia6.7%
6Chile6.4%
7South Africa6.1%
8Colombia5.8%
9Hong Kong5.7%
Industry sector
1Telecom, Media & Technology22.1%
2Financials20%
3Industrials12.7%
4Oil & Gas11.6%
5Utilities9.4%
6Consumer Goods7.6%
7Transport3.6%
8Infrastructure3.3%
9Mineral Extraction3.3%
Asset type
1Global Fixed Interest14.3%
2Brazilian Fixed Interest12.8%
3American Emerging Fixed Interest11.2%
4Mexican Fixed Interest10.4%
5Chinese Fixed Interest6.8%
6Indonesian Fixed Interest6.7%
7Chilean Fixed Interest6.4%
8South African Fixed Interest6.1%
9Hong Kong Fixed Interest5.7%
Individual holdings
1SB CAPITAL SA 6.125% LN PTG 7/2/22 USD1000 REGS1.7%
2RELIANCE INDUSTRIES 4.125% BDS 28/01/25 USD250000 REG S1.67%
3BBVA Bancomer SA/Texas MULTI 12-11-20291.62%
4TVB FINANCE LTD 3.625% BDS 11/10/21 USD2000001.6%
5ENN ENERGY HLDGS LTD 6% BDS 13/05/21 USD1000 REG S1.46%
6PCCW-HKT CAPITAL NO4 LTD 5.75% BDS 17/04/22 USD2000001.46%
7E.CL SA1.43%
8CEMEX S.A.B. DE C.V. 7.75% BDS 16/04/26 USD200000 REG S1.42%
9CHINA MERCHANTS FINANCE 5% MTN 04/05/22 USD2000001.42%
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 corporate bonds 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
  • JPM CEMBI Broad Diversified
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Samy B. Muaddi30/09/2015
Compliance
Transparent for Swiss Tax, Transparent for German Tax, UCITS IV 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, Taiwan - Province Of China
T. Rowe Price Emerging Markets Corporate Bond A EUR
Initial charge5%
Annual charge1.35%
Min single investment£15,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.52%
Total expense ratio (TER)1.52%
Bid price-
Offer price-
Mid price10.17
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeACBZ
T. Rowe Price Emerging Markets Corporate Bond A USD
Initial charge5%
Annual charge1.35%
Min single investment£15,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.52%
Total expense ratio (TER)1.52%
Bid price-
Offer price-
Mid price12.46
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeACCA
T. Rowe Price Emerging Markets Corporate Bond AD EUR
Initial charge5%
Annual charge1.35%
Min single investment£15,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.52%
Total expense ratio (TER)1.52%
Bid price-
Offer price-
Mid price10.23
CurrencyEUR
Price updated07/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeMQBC
T. Rowe Price Emerging Markets Corporate Bond I EUR
Initial charge-
Annual charge0.7%
Min single investment£2,500,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)0.8%
Total expense ratio (TER)0.8%
Bid price-
Offer price-
Mid price12.06
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeACCB
T. Rowe Price Emerging Markets Corporate Bond I USD
Initial charge-
Annual charge0.7%
Min single investment£2,500,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)0.8%
Total expense ratio (TER)0.8%
Bid price-
Offer price-
Mid price12.96
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeACCC
T. Rowe Price Emerging Markets Corporate Bond Q EUR
Initial charge-
Annual charge0.7%
Min single investment£15,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.87%
Total expense ratio (TER)0.87%
Bid price-
Offer price-
Mid price12.74
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKX4N
T. Rowe Price Emerging Markets Corporate Bond SD
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 price9.98
CurrencyUSD
Price updated07/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeKJJI
Data provided by

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