Fact sheet: T. Rowe Price GblAggrgteBd

Fund information
Fund name
T. Rowe Price Global Aggregate Bond Q EUR
Fund manager company
T. Rowe Price
Fund type
Offshore Fund
Fund managers
  • Arif Husainsince 01/01/2014
  • Quentin Fitzsimmonssince 31/08/2016
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 issuers around the world. 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, debt securities and credit indices.
Benchmark
  • Barclays Global Aggregate Bond
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
2.7%
1 Year rank in sector
-
Sector
FO Fixed Int - Global
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.
0.61%
Fund size
£157m (£76m 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.
72
Top in this sector
Fund name1 Year
Capital Group GHIOL32.5%
Dodge & Cox Global Bond27.4%
HSBC GIF Gbl AsBk Bd24.3%
Russell Gbl Bd24.3%
Morg Stnly Gbl Mrtg Securts23.5%
...more in FO Fixed Int - Global

Performance snapshot

Holdings snapshot

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.2%-1.6%1.6%2.7%27.7%31.2%
Sector-1.9%-2.1%0.9%2.9%5.6%14.2%
Rank within sector------
Quartile
Calendar performance
 YTD - 20162015201420132012
Fund5.3%8.2%13.8%-7.3%4.5%
Sector3.9%-1.6%3.7%-1.6%8.2%
Rank within sector-----
Quartile
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.
6.06
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.
1.14
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.
0.75
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%.
6.87
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.
6.19
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
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.
0.18
Price movement
52 week high12.03
52 week low11.02
Current bid price-
Current offer price-
Current mid price11.69
Region
No data available.
Industry sector
1AAA26.7%
2A22.5%
3BBB19.8%
4Others15.3%
5Sub Investment Grade Bonds9.6%
6AA5.7%
7Non-Rated0.4%
Asset type
No data available.
Individual holdings
1UNITED STATES OF AMER TREAS NOTES FRN 30/04/18 USD1004.09%
2UNITED STATES OF AMER TREAS BONDS 2.5% BDS 15/02/45 USD10003.3%
3UNITED STATES OF AMER TREAS NOTES 1.25% BDS 31/03/21 USD1003.3%
4JAPAN(GOVERNMENT OF) 1.2% NTS 20/12/34 JPY10002.34%
5JAPAN(GOVERNMENT OF) 0.1% BDS 20/06/21 JPY500002.01%
6UNITED STATES OF AMER TREAS NOTES 1.625% BDS 15/02/26 USD10001.73%
7MEXICO(UNITED MEXICAN STATES) 5% BDS 11/12/19 MXN1001.71%
8FNMA TBA 30YR %1.7%
9MEXICO(UNITED MEXICAN STATES) 6.5% BDS 09/06/22 MXN1001.62%
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 issuers around the world. 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, debt securities and credit indices.
Benchmark
  • Barclays Global Aggregate Bond
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Arif Husain01/01/2014Arif Husain is head of International Fixed Income at T. Rowe Price. He is co-portfolio manager for the firm's International Bond and Institutional International Bond Strategies. Mr. Husain is also lead portfolio manager for the Global Aggregate Bond Strategy. He is a vice president of T. Rowe Price Group, Inc., and T. Rowe Price International Ltd. Mr. Husain has 19 years of investment experience. Prior to joining the firm in 2013, he spent 14 years as director of both European Fixed Income and Euro Portfolio Management at AllianceBernstein. He was also a member of the global fixed income and absolute return portfolio management teams. Mr. Husain previously worked as assistant director of European Derivatives Trading at Greenwich NatWest and also traded interest rate swaps at Bank of America National Trust & Savings Association. Mr. Husain received a B.Sc. (hons.) in banking and international finance from the City University, London Business School. He also earned the Chartered Financial Analyst designation.
Quentin Fitzsimmons31/08/2016Quentin Fitzsimmons is an Executive Director and Head of Government Bonds & Foreign Exchange at Threadneedle. He has significant experience and a strong track record in managing third party institutional fixed income client mandates for over 10 years, encompassing the full range of economic and market conditions. Quentin began his career in 1991 at Sun Life Assurance Company of Canada, where he progressed to senior investment analyst before moving to the Equitable Life Assurance Society in 1994 as senior portfolio manager. He then joined F&C (formerly Foreign & Colonial) Investment Management in 1999 and became director of fixed interest (UK bonds) before joining Threadneedle in September 2003. Today, Quentin is responsible for managing a variety of institutional and retail fixed income portfolios and has been a key contributor to the successful development of Threadneedle's absolute return franchise, leading the team and playing a pivotal role in gathering assets. He is also a member of the firm's Asset Allocation Committee and chairs the monthly Economic Background meeting. As such, his is one of the significant voices that shapes Threadneedle's overall investment thinking and strategy. Quentin graduated in 1989 from the University of Bristol with a first class honours degree in economics and economic history. He is also a Member of the Society of Business Economists and has gained professional investment qualifications via the IIMR.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Transparent for German Tax, IA Recognised, Reporting Fund Status, 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
T. Rowe Price Global Aggregate Bond A (EUR) EUR
Initial charge5%
Annual charge0.9%
Min single investment£15,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.07%
Total expense ratio (TER)1.07%
Bid price-
Offer price-
Mid price9.86
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNCDB
T. Rowe Price Global Aggregate Bond A EUR
Initial charge5%
Annual charge0.9%
Min single investment£15,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.07%
Total expense ratio (TER)1.07%
Bid price-
Offer price-
Mid price15.56
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeTF17
T. Rowe Price Global Aggregate Bond A USD
Initial charge5%
Annual charge0.9%
Min single investment£15,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.07%
Total expense ratio (TER)1.07%
Bid price-
Offer price-
Mid price16.49
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeTF27
T. Rowe Price Global Aggregate Bond I EUR
Initial charge-
Annual charge0.45%
Min single investment£2,500,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)0.55%
Total expense ratio (TER)0.55%
Bid price-
Offer price-
Mid price14.02
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeY856
T. Rowe Price Global Aggregate Bond I USD
Initial charge-
Annual charge0.45%
Min single investment£2,500,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)0.55%
Total expense ratio (TER)0.55%
Bid price-
Offer price-
Mid price14.86
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeY857
T. Rowe Price Global Aggregate Bond Q EUR
Initial charge-
Annual charge0.45%
Min single investment£15,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.61%
Total expense ratio (TER)0.62%
Bid price-
Offer price-
Mid price11.69
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKX4J
T. Rowe Price Global Aggregate Bond Q GBP
Initial charge-
Annual charge0.45%
Min single investment£15,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.61%
Total expense ratio (TER)0.62%
Bid price-
Offer price-
Mid price9.82
CurrencyGBP
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMY2C
T. Rowe Price Global Aggregate Bond Qh EUR
Initial charge-
Annual charge0.45%
Min single investment£15,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.61%
Total expense ratio (TER)0.62%
Bid price-
Offer price-
Mid price10.4
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFQZF
T. Rowe Price Global Aggregate 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 price9.14
CurrencyUSD
Price updated01/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeKPKO
T. Rowe Price Global Aggregate Bond SH JPY
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 price11441
CurrencyJPY
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF2HR
T. Rowe Price Global Aggregate Bond SH 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 price99.77
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF2HS
T. Rowe Price Global Aggregate Bond Z EUR
Initial charge-
Annual charge-
Min single investment£25,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price22.68
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeTB74
T. Rowe Price Global Aggregate Bond Z USD
Initial charge-
Annual charge-
Min single investment£25,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price24.03
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeTC21
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