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T Rowe Frontier Markets Equity A USD

Ranked 32 out of 43 in - Frontier Markets over 12 months
All calculations are in USD unless stated

Managed by

Oliver Bell

Oliver Bell joined T Rowe Price in 2011 and is currently based in the London office. He has managed the T Rowe Price Middle East & Africa Fund since November 2011 having moved from Pictet where he worked for 14 years. Oliver`s investment strategy is focused on quality and growth at a reasonable price. He studied at the University of Exeter and outside of work he enjoys cricket and skiing.

Objective

The fund invests at least two-thirds of total assets in equity and equity-related securities of companies that are either incorporated in those countries that are not in the MSCI AC World Index or conduct most of their business in such countries. Types of securities may include common stocks, preferred stocks, warrants, American Depository Receipts, European Depository Receipts and Global Depository Receipts. The fund does not invest more than one-third of its assets in debt and money market securities. The fund may use derivatives for hedging and efficient portfolio management.

Showing fund performance globally. You can view performance in individual jurisdictions.

Performance

Frontier Markets over : 31/10/2017 - 31/10/2018

Total Return

Quarterly Performance

to 30/09/2018 Annual Q1 Q2 Q3 Q4
2018 5.2% -15.1% -5.4%
2017 30.1% 8.1% 9.3% 2.8% 7.1%
2016 9.0% -1.7% 5.5% 3.3% 1.7%
2015 -12.8% -3.2% 1.0% -11.9% 1.3%
2014 4.7% -6.9%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

30/09/2018

Top 10 Holdings

Stock Size
National Bank of Kuwait SAKP ORD 9.63%
Grupo Financiero Galicia SA DR 5.75%
Military Commercial Joint Stock Bank ORD 4.04%
Guaranty Trust Bank PLC ORD 3.31%
Human Soft Holding Company KSCP ORD 3.16%
BBVA Banco Frances SA DR 2.61%
Agility Public Warehousing Co KSCP ORD 2.49%
Nestle Nigeria PLC ORD 2.41%
Boubyan Bank KSCP ORD 2.30%
Banca Transilvania SA ORD 2.22%
30/09/2018

Registered For Sale In

  1. Austria
  2. Belgium
  3. Denmark
  4. Estonia
  5. Finland
  6. France
  7. Germany
  8. Guernsey
  9. Hong Kong
  10. Iceland
  11. Ireland
  12. Italy
  13. Jersey
  14. Latvia
  15. Lithuania
  16. Luxembourg
  17. Netherlands
  18. Norway
  19. Portugal
  20. Singapore
  21. Spain
  22. Sweden
  23. Switzerland
  24. United Kingdom

Fund Info

  • Launch date24/06/2014
  • Share Class size20Mn
  • Base currencyUSD
  • ISIN LU1079763535

Purchase Info

  • Min. initial investment15,000
  • Min. regular additional investment0

Charges

  • Annual management2.00%

Related News

AA-rated manager: why I sold out of Pakistan

VIDEO: Oliver Bell believes conditions in Pakistan harmed the country's stock market shortly before it was upgraded.

Saudi market opening can end ‘oil only’ story, says T Rowe star

Citywire A-rated Oliver Bell believes landmark move to open up to foreigners can dispel believe country is a single sector bet.

Frontier markets star: where to find value in EM Asian financials

Citywire AA-rated Oliver Bell believes the ‘painful experiences’ of the past 20 years has put many banks on a better footing.

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in USD).