InvestSMART
  1. Home
  2. Research & Advice
  3. Research Tools
  4. Managed Funds
  5. T. Rowe Price Dynamic Global Bond S - Managed fund profile

T. Rowe Price Dynamic Global Bond S - Managed Fund

Fund Objective
The fund's objective is to maximise total return and provide income through investment primarily in a portfolio of fixed income securities which may include, but is not limited to, transferable debt securities of governments and their agencies, supranational organisations, corporations and banks as well as mortgage-backed and asset-backed securities.
Fund Strategy
The Fund may also choose to achieve its investment objective by investing in any one or more collective investment schemes with the same or substantially similar investment objective to the Fund and which is managed by the Investment Manager or an affiliate of the Investment Manager.

Fund Performance Comparison

Relative Fund Performance vs {{ fund.benchmark.peers.peerCount }} peers using {{ fund.benchmark.name }} as their benchmark.

{{ fund.name }}
Peers
Benchmark ({{ fund.benchmark.name }})
{{ fund.model.name }}
The performance of the peers is calculated as the total of the performance for each time period for all the funds in the peer group, divided by the number of funds in the peer group.
grow your money
Grow your money, not your fees
It's fees rather than returns that make the biggest difference to your investment's compounding returns.
Free Fees Report
investing
Investing made simple
Our professionally-tailored investment portfolios consistently beat most of our peers.
Free investor guide
Grow your money, not your fees
It's fees rather than returns that make the biggest difference to your investment's compounding returns. Free Fees Report
Investing made simple
Our professionally-tailored investment portfolios consistently beat most of our peers. Free investor guide

Fees Comparison

{{ fund.mer | number:2 }}
% p.a.
{{ fund.name }}
{{ modelPortfolio.mer * 100 | number:2 }}
% p.a.
{{ modelPortfolio.name }}
{{ fund.benchmark.peers.mer * 100 | number:2 }}
% p.a.
Average of peers ({{ fund.benchmark.peers.peerCount }})
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.
Upsell Banner

Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 1.41% 1.48% 0.46% -3.63% -2.32% -1.02% 1.6% -%
Growth return 1.41% 1.38% 0.26% -4% -4.41% -5.07% -1.32% -%
Income return 0% 0.1% 0.2% 0.37% 2.09% 4.05% 2.92% -%
Market index (Bloomberg AusBond Composite 0+Y TR AUD)
Total return -1.98% -1.18% 4.71% -0.73% 0.65% -2.13% -0.29% 2.29%
As at 30 Apr 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

T. Rowe Price Dynamic Global Bond S
Australian Equities
0%
International Equities
0%
Cash
0%
Property
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
1.28%
International Equities
0.49%
Cash
3.79%
Property
0.11%
Fixed Interest
93.98%
Alternatives
0.34%

General Information

Fund Details
Type Description
T. Rowe Price Dynamic Global Bond S
Equity Trustees Ltd
ETL2511AU
Unconstrained Fixed Income
starstarstar (as at 30 Apr 2024)
Investment Fund
18 Jan 2019
$3.92 million (as at 30 Apr 2024)
$0.9262 (as at 30 May 2024)
$0.9234 (as at 30 May 2024)
Open
Offer information
Type Description
Indirect Cost Ratio (ICR) 0.59% (as at 30 Jun 2023)
Performance fee (not included in ICR) Not Available
Minimum initial investment $50,000
Minimum additional investments $5,000.00

Top 10 holdings (as at 31 Mar 2024)

Holding (as at 31 Mar 2024) Type % of Portfolio
United Kingdom of Great Britain and Northern Ireland 0.125% Bond-Gov't Inflation Protected 6.15%
Login now to view the complete list of holdings.

FAQs about the T. Rowe Price Dynamic Global Bond S

The objective of the T. Rowe Price Dynamic Global Bond S managed fund is The fund's objective is to maximise total return and provide income through investment primarily in a portfolio of fixed income securities which may include, but is not limited to, transferable debt securities of governments and their agencies, supranational organisations, corporations and banks as well as mortgage-backed and asset-backed securities.

The strategy of the T. Rowe Price Dynamic Global Bond S managed fund is The Fund may also choose to achieve its investment objective by investing in any one or more collective investment schemes with the same or substantially similar investment objective to the Fund and which is managed by the Investment Manager or an affiliate of the Investment Manager.

The APIR code of the T. Rowe Price Dynamic Global Bond S managed fund is ETL2511AU.

T. Rowe Price Dynamic Global Bond S’s total return last month was 1.41%. This was made up of a growth return of 1.41% and an income return of 0%. These returns were calculated as at 30 Apr 2024.

T. Rowe Price Dynamic Global Bond S’s total return for the last three months was 1.48%. This was made up of a growth return of 1.38% and an income return of 0.1%%. These returns were calculated as at 30 Apr 2024.

T. Rowe Price Dynamic Global Bond S’s one-year total return is -3.63%. This was made up of a growth return of -4% and an income return of 0.37%. These returns were calculated as at 30 Apr 2024.

T. Rowe Price Dynamic Global Bond S’s one-year total return is -1.02%. This was made up of a growth return of -5.07% and an income return of 4.05%. These returns were calculated as at 30 Apr 2024.

The asset allocation of the T. Rowe Price Dynamic Global Bond S managed fund is :

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

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

The T. Rowe Price Dynamic Global Bond S managed fund belongs to the Unconstrained Fixed Income sector/asset class.

As at 30 Apr 2024, the size of the T. Rowe Price Dynamic Global Bond S managed fund was $3.92 million.

The T. Rowe Price Dynamic Global Bond S managed fund has an inception date of 18 Jan 2019.

The current entry price of the T. Rowe Price Dynamic Global Bond S managed fund is $0.9262 per unit and the current exit price is $0.9234 per unit (as at 30 May 2024).

The current exit price of the T. Rowe Price Dynamic Global Bond S managed fund is $0.9234 per unit and the current entry price is $0.9262 per unit (as at 30 May 2024).

The minimum initial investment amount for the T. Rowe Price Dynamic Global Bond S managed fund is $50,000. Minimum additional investment is $5000.

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.