T. Rowe Price Global Allocation Fund Series F (CAD)
- Number of Holdings: 707
- Total Net Assets: C$123 M
REASONS TO OWN
Features
- Global diversification across regions, asset classes, capitalizations, currencies and alternative strategies
- Combines fundamental bottom-up security selection with expert top-down analysis
- Experienced PMs supported by a team of more than 80 multi-asset investment professionals
- Provides exposure to the best investment ideas from over 410 T. Rowe Price research analysts worldwide
Benefits
- Can invest confidently alongside a manager with over 30 years of multi-asset experience
- Prudently adjusts allocations as markets shift and evolve in seeking to deliver a more consistent risk return profile
- Less correlated, non-traditional strategies are used to help mitigate risk and seek additional sources of returns
- Provides exposure to a world of opportunities in one fund
All figures above are as of 31 December 2022 unless otherwise stated.
15 Sector portfolio managers, 209 investment analysts, 85 associate analysts, 41 specialty analysts, 59 quantitative analysts, and 4 economists.
Portfolio Sub-Advisors
Fundserv : BIP
| Fund Number | |||
|---|---|---|---|
| Series | C$ | US$ | |
| A | 106 | - | |
| F | 516 | - | |
Inception: May 15 2017|Series F (CAD)|MER: 1.02 %PERFORMANCE: Series F (CAD)
| Annualized Performance (%) | 1-Mth | 3-Mth | 6-Mth | YTD | 1-Yr | 3-Yr | 5-Yr | Since Incept. | ||
|---|---|---|---|---|---|---|---|---|---|---|
| T. Rowe Price Global Allocation Fund | -1.08 | 0.40 | 5.51 | 2.82 | -1.85 | 4.37 | 3.61 | 3.78 | ||
| T. Rowe Price Global Allocation Fund Benchmark* | -1.50 | -0.01 | 4.74 | 3.13 | -3.50 | 4.56 | 4.85 | 4.79 | ||
| Calendar Year Performance (%) | 2018 | 2019 | 2020 | 2021 | 2022 | ||
|---|---|---|---|---|---|---|---|
| T. Rowe Price Global Allocation Fund | -3.16 | 12.80 | 8.19 | 7.82 | -7.88 | ||
| T. Rowe Price Global Allocation Fund Benchmark* | -0.84 | 14.66 | 10.91 | 9.94 | -10.65 | ||
Summary of Investment Portfolio as of February 28, 2023
TOP 10 COUNTRIES
| Country | |
|---|---|
| United States | 42.0 % |
| Japan | 4.3 % |
| United Kingdom | 2.0 % |
| Canada | 1.7 % |
| Switzerland | 1.7 % |
| Germany | 1.6 % |
| France | 1.3 % |
| Netherlands | 1.2 % |
| Australia | 1.1 % |
| Italy | 0.9 % |
| Total | 57.8 % |
| Total # of Countries | 30 |
TOP 10 POSITIONS
| Security | |
|---|---|
| Cash & Cash Equivalent | 16.3 % |
| T. Rowe Price Dynamic Global Bond Fund | 8.9 % |
| iShares MSCI Emerging Markets | 6.1 % |
| United States Treasury Notes 0.01% May 04/23 | 4.3 % |
| United States Treasury Notes 0.01% Apr 04/23 | 2.3 % |
| Microsoft Corp. | 2.2 % |
| United States Treasury Notes 3.875% Nov 30/27 | 1.7 % |
| Apple Inc. | 1.4 % |
| Alphabet Inc | 1.1 % |
| Amazon.com | 0.8 % |
| Top 10 Total | 45.1 % |
| Total # of Securities | 707 |
SECTOR EXPOSURE
| Sector | |
|---|---|
| Investment Funds | 15.0 % |
| Information Technology | 11.9 % |
| Health Care | 8.8 % |
| Financials | 7.3 % |
| Consumer Discretionary | 4.9 % |
| Industrials | 4.7 % |
| Consumer Staples | 3.8 % |
| Communication Services | 3.8 % |
| Materials | 2.5 % |
| Real Estate | 2.0 % |
| Other | 35.2 % |
| Total | 100.0 % |
ASSET MIX
| Asset breakdown | |
|---|---|
| Global Equity | 57.1 % |
| Fixed Income – Government | 16.8 % |
| Fixed Income – Investment Funds | 9.4 % |
| Fixed Income – Corporate | 8.7 % |
| Canadian Equity | 1.7 % |
| Other | 6.3 % |
| Total | 100.0 % |
REGIONAL MIX
| Region | |
|---|---|
| North America | 57.7 % |
| Europe | 19.1 % |
| Asia | 7.6 % |
| Latin America | 1.6 % |
| Africa | 1.2 % |
| Middle East | 0.3 % |
| Other | 12.5 % |
| Total | 100.0 % |
RELATED DOCUMENTS
Adjusted MER is provided for the Fund with management fee reductions in calendar year 2023 and represent our best estimates of the actual MER for 2023. Adjusted MER may differ from MER published in the Interim Management Report of Fund Performance as at June 30, 2022.
Bridgehouse Asset Managers® is a trade name of Brandes Investment Partners & Co. As manager of the Bridgehouse Funds, Bridgehouse has hired certain portfolio sub-advisors to the Funds. Units and shares of the Bridgehouse Funds are available through registered dealers only and are not available through Bridgehouse. Bridgehouse and its sub-advisors have taken reasonable steps to provide accurate and current data. The data has been gathered from sources believed to be reliable, however Bridgehouse and/or its sub-advisors are not responsible for any errors or omissions contained herein. The foregoing reflects the thoughts, opinions and/or investment strategies of Bridgehouse and/or its sub-advisors, which are subject to change at their discretion and without prior notice, based on changing market dynamics or other considerations. Securities mentioned herein are not to be construed as a recommendation to buy or sell. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. The indicated rates of return are the historical annual compounded total returns including changes in unit value and reinvestment of all distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any securityholder that would have reduced returns. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. Performance is shown for the class selected.Performance is net of fees unless otherwise indicated.Indices are unmanaged and cannot be directly invested into. MSCI has not approved, reviewed or produced this report, makes no express or implied warranties or representations and is not liable whatsoever for any data in the report. You may not redistribute the MSCI data or use it as a basis for other indices or investment products.
