Fact sheet: T. Rowe Price Gbl Tech Eq

Fund information
Fund name
T. Rowe Price Global Technology Equity Q
Fund manager company
T. Rowe Price
Fund type
Offshore Fund
Fund manager
  • Joshua Spencersince 14/06/2015
Fund objective
To increase the value of its shares, over the long term, through growth in the value of its investments. The fund invests mainly in a diversified portfolio of stocks of technology development or utilization companies, with a focus on leading global technology companies. The companies may be anywhere in the world, including emerging markets. The fund may use derivatives for hedging and efficient portfolio management.
Benchmark
  • MSCI AC World Information Technology (N)
Investment style
None
Investment method
Shares
Quick stats
1 Year return
37.8%
1 Year rank in sector
6/31
Sector
FO Equity - Tech Media & Telecom
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.
1.02%
Fund size
£90m (£11m 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.
152
Top in this sector
Fund name1 Year
Fidelity Gbl Tech54.6%
GAM Star Technology50.4%
Herald Worldwide49.9%
Polar Capital Gbl Tech43.8%
Pictet Digital42.7%
...more in FO Equity - Tech Media & Telecom

Performance snapshot

Holdings snapshot

  • USA61.1%
    China15.8%
    Money Market9.1%
    Singapore3.6%
    Netherlands3.2%
  • Software32.6%
    Internet25.9%
    Semi Conductors14.5%
    Money Market9.1%
    Information Technology5%
  • US Equities61.1%
    Chinese Equities15.8%
    Money Market9.1%
    Singapore Equities3.6%
    Dutch Equities3.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund4%11.1%12.8%37.8%--
Sector3.1%8.9%12.6%30.9%38.1%78.5%
Rank within sector9 / 325 / 3216 / 326 / 31--
Quartile2nd1st2nd1st
Calendar performance
 YTD - 20172016201520142013
Fund14%5.9%---
Sector8.6%9.9%8%11.3%26.5%
Rank within sector2 / 3223 / 31---
Quartile1st3rd
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.
-
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.
-
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.
-
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%.
-
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.
-
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.
-
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.
-
Price movement
52 week high13.48
52 week low9.78
Current bid price-
Current offer price-
Current mid price13.34
Region
1USA61.1%
2China15.8%
3Money Market9.1%
4Singapore3.6%
5Netherlands3.2%
6UK2.6%
7Sweden2.3%
8Spain1.9%
9Taiwan0.4%
Industry sector
1Software32.6%
2Internet25.9%
3Semi Conductors14.5%
4Money Market9.1%
5Information Technology5%
6Telecommunications Utilities3.7%
7Media3%
8Telecommunications2.3%
9Miscellaneous2%
Asset type
1US Equities61.1%
2Chinese Equities15.8%
3Money Market9.1%
4Singapore Equities3.6%
5Dutch Equities3.2%
6UK Equities2.6%
7Swedish Equities2.3%
8Spanish Equities1.9%
9Taiwanese Equities0.4%
Individual holdings
No data available.
Management
Fund manager group
T. Rowe Price
Fund manager company
T. Rowe Price
Fund type
Offshore Fund
Fund objective
To increase the value of its shares, over the long term, through growth in the value of its investments. The fund invests mainly in a diversified portfolio of stocks of technology development or utilization companies, with a focus on leading global technology companies. The companies may be anywhere in the world, including emerging markets. The fund may use derivatives for hedging and efficient portfolio management.
Benchmark
  • MSCI AC World Information Technology (N)
Investment style
None
Investment method
Shares
Fund manager
NameSinceBiography
Joshua Spencer14/06/2015
Compliance
Transparent for Austrian Tax, Transparent for German Tax, IA Recognised, Reporting Fund Status, 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, Hong Kong, Ireland, Iceland, Italy, Lithuania, Luxembourg, Latvia, Netherlands, Norway, Offshore, Portugal, Singapore, Sweden
T. Rowe Price Global Technology Equity A
Initial charge5%
Annual charge1.75%
Min single investment£15,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.92%
Total expense ratio (TER)1.92%
Bid price-
Offer price-
Mid price13.14
CurrencyUSD
Price updated28/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMF6T
T. Rowe Price Global Technology Equity I
Initial charge-
Annual charge0.85%
Min single investment£2,500,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)0.95%
Total expense ratio (TER)0.95%
Bid price-
Offer price-
Mid price13.36
CurrencyUSD
Price updated28/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMF6S
T. Rowe Price Global Technology Equity I (EUR)
Initial charge-
Annual charge0.85%
Min single investment£2,500,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)0.95%
Total expense ratio (TER)0.95%
Bid price-
Offer price-
Mid price13.73
CurrencyEUR
Price updated28/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeN47G
T. Rowe Price Global Technology Equity I9
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 price12.32
CurrencyUSD
Price updated28/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeN4KQ
T. Rowe Price Global Technology Equity Q
Initial charge-
Annual charge0.85%
Min single investment£15,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.02%
Total expense ratio (TER)1.02%
Bid price-
Offer price-
Mid price13.34
CurrencyUSD
Price updated28/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMF6R
T. Rowe Price Global Technology Equity Qd Inc GBP
Initial charge-
Annual charge0.85%
Min single investment£15,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.02%
Total expense ratio (TER)1.02%
Bid price-
Offer price-
Mid price12.51
CurrencyGBP
Price updated28/02/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeNBVX
T. Rowe Price Global Technology Equity Qh Acc EUR
Initial charge-
Annual charge0.85%
Min single investment£15,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.02%
Total expense ratio (TER)1.02%
Bid price-
Offer price-
Mid price11.68
CurrencyEUR
Price updated28/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNBVW
T. Rowe Price Global Technology Equity S Acc
Initial charge-
Annual charge-
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.9
CurrencyUSD
Price updated28/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeC3QK
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.