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T. Rowe Price Global Equities Core Growth (Hedged) - Managed Fund (Closed)

Fund Objective
The Hedged Fund intends to provide long-term capital appreciation by aiming to be fully invested in the Underlying Fund.
Fund Strategy
The portfolio manager applies his judgment to construct a global portfolio of the highest-conviction investment ideas by: Leveraging the T. Rowe Price network of more than 100 equity investment professionals to reduce the universe to 500-600 highly recommended companies, and, Engaging investment professionals to identify their best ideas, then assessing these opportunities in a global sector context, overlaying macro and local market factors to refine industry and company analysis.

Fund Performance Comparison

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Fees Comparison

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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.
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Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return -7.99% -7.58% 6.03% -6.91% 9.47% -% -% -%
Growth return -7.99% -7.58% 6.03% -26.91% -3% -% -% -%
Income return 0% 0% 0% 20% 12.47% -% -% -%
Market index (Vanguard Intl Shares Index Hdg AUD TR)
Total return 0.87% 5.67% 9.66% 13.17% 16.48% 15.02% 12.89% 11.13%
As at 31 May 2012. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

T. Rowe Price Global Equities Core Growth (Hedged)
International Equities
91.52%
Cash
8.48%
Australian Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
International Equities
97.57%
Cash
1.62%
Australian Equities
0.51%
Property & Infrastructure
0.19%
Fixed Interest
0.08%
Alternatives
0.04%

General Information

Fund Details
Type Description
T. Rowe Price Global Equities Core Growth (Hedged) (Wholesale)
Closed
Equity Trustees Ltd
ETL0193AU
Equity World - Currency Hedged
Not Rated
Investment Fund
26 Feb 2010
$2.82 million (as at 24 Mar 2011)
$0.911 (as at 1 Jun 2012)
$0.9056 (as at 1 Jun 2012)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) 1.25% (as at 30 Jun 2010)
Minimum initial investment $500,000
Minimum additional investments $100,000
Minimum redemption amount $100,000

FAQs about the T. Rowe Price Global Equities Core Growth (Hedged)

The objective of the T. Rowe Price Global Equities Core Growth (Hedged) managed fund is The Hedged Fund intends to provide long-term capital appreciation by aiming to be fully invested in the Underlying Fund.

The strategy of the T. Rowe Price Global Equities Core Growth (Hedged) managed fund is The portfolio manager applies his judgment to construct a global portfolio of the highest-conviction investment ideas by: Leveraging the T. Rowe Price network of more than 100 equity investment professionals to reduce the universe to 500-600 highly recommended companies, and, Engaging investment professionals to identify their best ideas, then assessing these opportunities in a global sector context, overlaying macro and local market factors to refine industry and company analysis.

The APIR code of the T. Rowe Price Global Equities Core Growth (Hedged) managed fund is ETL0193AU.

T. Rowe Price Global Equities Core Growth (Hedged)’s total return last month was -7.99%. This was made up of a growth return of -7.99% and an income return of 0%. These returns were calculated as at 31 May 2012.

T. Rowe Price Global Equities Core Growth (Hedged)’s total return for the last three months was -7.58%. This was made up of a growth return of -7.58% and an income return of 0%%. These returns were calculated as at 31 May 2012.

T. Rowe Price Global Equities Core Growth (Hedged)’s one-year total return is -6.91%. This was made up of a growth return of -26.91% and an income return of 20%. These returns were calculated as at 31 May 2012.

T. Rowe Price Global Equities Core Growth (Hedged)’s one-year total return is -%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 May 2012.

The asset allocation of the T. Rowe Price Global Equities Core Growth (Hedged) managed fund is :

International Equities
91.52%
Cash
8.48%
Australian Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the T. Rowe Price Global Equities Core Growth (Hedged) managed fund is Equity Trustees Ltd.

The T. Rowe Price Global Equities Core Growth (Hedged) managed fund belongs to the Equity World - Currency Hedged sector/asset class.

As at 24 Mar 2011, the size of the T. Rowe Price Global Equities Core Growth (Hedged) managed fund was $2.82 million.

The T. Rowe Price Global Equities Core Growth (Hedged) managed fund has an inception date of 26 Feb 2010.

The current entry price of the T. Rowe Price Global Equities Core Growth (Hedged) managed fund is $0.911 per unit and the current exit price is $0.9056 per unit (as at 1 Jun 2012).

The current exit price of the T. Rowe Price Global Equities Core Growth (Hedged) managed fund is $0.9056 per unit and the current entry price is $0.911 per unit (as at 1 Jun 2012).

The minimum initial investment amount for the T. Rowe Price Global Equities Core Growth (Hedged) managed fund is $500,000. Minimum additional investment is $100000.

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.