T Rowe Price Global Growth Stock Fund Overview and Performance

The T Rowe Price Global Growth Stock Fund is a solid investment option for those seeking long-term growth. It's an actively managed fund that focuses on high-quality, growth-oriented stocks from around the world.

The fund has a relatively low minimum investment requirement of $2,500, making it accessible to a wider range of investors. This is a great option for those who want to start investing with a smaller amount of money.

The fund's investment strategy is centered around identifying companies with strong growth potential, often with a focus on emerging markets. This approach has yielded impressive returns over the years, with the fund consistently outperforming its benchmark.

The T. Rowe Price Global Growth Stock Fund is managed by Robert Berg. The fund has a legal name of T. Rowe Price Global Growth Stock Fund and is a part of the TROWEPRICE fund family.

The fund was launched on October 27, 2008, and is domiciled in the United States. It has a share class of "Other" and is traded in US dollars.

Assets Under Management is a crucial aspect of evaluating a fund's performance. The fund in question has $378 million in total assets, which is below the $864 million average for the Global Large-Stock Growth category.

This lower asset base can actually be beneficial for certain types of investing, such as small-cap investing, where a manager may struggle to fully employ an active strategy with too many assets.

The fund's relatively small size can help it avoid the pitfalls of being too large, such as increased expenses and decreased flexibility.

The T. Rowe Price Global Growth Stock Fund has a significant presence in the global market, with a typical investment of at least 25% of its net assets in securities of foreign issuers.

The fund's investment strategy is focused on growth, with a team of global analysts dedicated to in-depth fundamental research to identify companies with above-average, long-term earnings growth potential.

The fund's investment policy requires it to invest at least 80% of its net assets in stocks, with flexibility to purchase stocks of companies of any size, but typically focusing on large-cap stocks.

The fund's country allocation is driven largely by stock selection, although the adviser may limit investments in markets or industries with poor overall prospects.

The fund's security selection reflects a growth style, with a focus on purchasing stocks of companies at reasonable prices in relation to present or anticipated earnings, cash flow, or book value.

The fund's investment process favors companies with one or more of the following characteristics: a leading or improving market position, stable or improving earnings and/or cash flow, and a sound or improving balance sheet.

Here are some key details about the fund:

The fees and expenses associated with the T. Rowe Price Global Growth Stock Fund are an important consideration for investors. The fund's expense ratio is 0.69% of the fund's assets under management (AUM), which is relatively low compared to other funds in its category.

One of the lowest fees associated with the fund is the management fee, which is 0.63% of AUM. This is a significant cost savings for investors. The management fee has a range of 0.00% to 1.82% depending on the category return.

The fund also charges a 12b-1 fee, but since it's not applicable to this fund, we won't consider it in our analysis. The administrative fee is also not charged, so we won't include it in our calculations.

Here's a summary of the fund's fees and expenses:

It's worth noting that the fund's sales fees are not applicable to this analysis, as they are not charged to the fund. The front load and deferred load fees are only relevant to investors who purchase the fund through a broker or advisor.

The T. Rowe Price Global Growth Stock Fund has a strong performance track record, with a return of 90.70% since its inception. This impressive figure demonstrates the fund's ability to generate consistent returns over the long term.

One of the key metrics that stands out is the fund's high 1-year return of 19.11%. This suggests that the fund has had a strong year, outperforming many other investment options.

The fund's maximum loss over the past year was a relatively modest -2.90%. This indicates that the fund has been able to manage risk effectively, minimizing losses during periods of market volatility.

The fund's alpha, which measures its excess return relative to the market, has been 2.18% over the past year. This suggests that the fund has been able to generate returns that are higher than the market average.

Here are some key performance metrics for the T. Rowe Price Global Growth Stock Fund:

The fund's beta, which measures its volatility relative to the market, has been 0.87 over the past year. This suggests that the fund has been a relatively stable investment option.

The fund's R-Squared value, which measures its correlation with the market, has been 90.80% over the past year. This indicates that the fund's performance has been closely tied to the market's performance.

The fund's Treynor Ratio, which measures its return per unit of risk, has been 30.18 over the past year. This suggests that the fund has generated strong returns relative to its risk level.

The T. Rowe Price Global Growth Stock fund has a long-term investment strategy focused on growth of capital. They aim to achieve this through investments primarily in the common stocks of large-cap companies worldwide.

The fund invests at least 80% of its net assets in stocks, ensuring a significant portion of the portfolio is dedicated to equity investments.

T. Rowe Price Global Growth Stock typically invests at least 25% of its net assets in securities of foreign issuers, providing a global perspective on growth opportunities.

The fund has a single manager, Robert Berg, who has been with the fund since its inception in 2008. His longest tenure is a testament to the fund's commitment to stability and consistency in its investment strategy.

The fund's average tenure of 16.3 years indicates a high level of continuity in its management, which can be beneficial for long-term investors.

The T. Rowe Price Global Growth Stock fund is an actively managed International Equity Global Large-Stock Growth fund. It was launched in 2008 by T. Rowe Price.

The fund invests at least 80% of its net assets in stocks, with at least 25% invested in foreign issuers. This diversification strategy aims to provide long-term growth of capital.

Here's a breakdown of the fund's sector allocation:

The fund's top holdings include NVIDIA CORP, MICROSOFT CORP, and APPLE INC, which make up a significant portion of the portfolio.

The concentration of a fund can have a significant impact on its overall performance and risk. A fund with a high concentration of assets in a small number of holdings can be more volatile than one with a more diversified portfolio.

The T. Rowe Price Global Growth Stock fund (RPGEX) has a relatively high concentration of assets in its top 10 holdings, with a weighting of 86.04% (as seen in Example 2). This means that a significant portion of the fund's assets are tied up in just a few stocks.

Here's a breakdown of the fund's concentration:

This high concentration can be both a blessing and a curse. On the one hand, it may allow the fund to take advantage of strong growth opportunities in a few key stocks. On the other hand, it increases the risk that the fund's performance will be heavily influenced by the performance of those individual stocks.

It's worth noting that the fund's concentration can change over time, as the portfolio managers make adjustments to the fund's holdings.

The stock sector breakdown is a crucial aspect of portfolio composition. The Technology sector holds a significant weighting of 21.69% in many portfolios.

The Financial Services sector has a weighting of 16.49%, making it a substantial contributor to overall portfolio performance.

The Consumer Cyclical sector has a relatively stable weighting of 15.46%.

The Industrials sector has a higher potential for return, with a Return High of 44.06%.

The Communication Services sector has a high Return High of 57.66%, indicating its potential for growth.

Here's a breakdown of the sectors' weightings and return ranges:

The Top 10 Holdings of a fund can give us a glimpse into its investment strategy and risk profile.

The T. Rowe Price Global Growth Stock fund has 168 securities in its portfolio.

Its top 10 holdings constitute 31.4% of the fund's assets.

Here are the top 10 holdings of the T. Rowe Price Global Growth Stock fund:

These holdings are a mix of technology and healthcare companies, suggesting a focus on growth-oriented investments.

The T. Rowe Price Global Growth Stock Fund is a great option for investors looking to diversify their portfolios.

Its top holdings are a mix of well-established tech companies and innovative startups.

The fund's top holdings include NVIDIA CORP, MICROSOFT CORP, and APPLE INC, which make up a significant portion of the portfolio.

These top holdings are a testament to the fund's focus on growth stocks.

NVIDIA CORP, for example, has a significant weighting of 4.18% in the fund.

The fund's dividend yield is also worth noting.

According to the fund's dividend yield analysis, the current yield is 0.31%.

Here are the fund's top 10 holdings:

The T. Rowe Price Global Growth Stock Fund has some impressive rankings in its category. For YTD, it ranks 65.66% in its category, which is not bad considering the low returns of -35.6% in the category.

In terms of net income ratio, the fund has a ratio of 0.09%, which is significantly lower than the category high of 12.65%. This means that the fund generates less income from its investments compared to its peers.

Here's a breakdown of the fund's rankings in its category:

Note that the 10-year ranking might not be entirely accurate due to the absence of data for that period in some examples.

Return Ranking is a crucial metric to understand the performance of an investment. It helps you compare your returns to those of your peers.

The RGGIX fund has a 1.3% return for the year to date (YTD), which ranks 65.66% in its category. This is not too shabby, especially considering the category return low is -35.6%.

The 1-year return for RGGIX is a whopping 22.4%, but its rank in the category is a more modest 6.59%. This suggests that while the fund has performed well, it's not the best in its category over the past year.

Here's a breakdown of RGGIX's 3-year, 5-year, and 10-year returns, along with its rank in the category for each period:

The asterisk (*) indicates that the returns are annualized. This means that the returns for the 3-year and 5-year periods are calculated as if they were compounded over the entire period.

It's worth noting that while RGGIX's returns have been strong, its net income ratio is a relatively modest 0.09%. This suggests that the fund's focus has been on capital appreciation rather than generating income for investors.

The Net Income Ratio is a crucial metric that helps investors and analysts evaluate a company's financial performance. This ratio compares a company's net income to its total revenue.

The Net Income Ratio can be a strong indicator of a company's profitability. In the case of RGGIX, the Net Income Ratio is 0.09%, which is higher than the Category Low of -4.27%.

RGGIX's Net Income Ratio is also lower than the Category High of 12.65%, indicating that it is above average in terms of profitability. This is reflected in the RGGIX % Rank, which is 65.11%.

A lower Net Income Ratio can indicate that a company is struggling to maintain profitability. In the case of RPGEX, the Net Income Ratio is -0.06%, which is lower than the Category Low of -4.27%.

Here's a comparison of the Net Income Ratios for RGGIX and RPGEX:

This comparison highlights the differences in profitability between RGGIX and RPGEX.