T. Rowe Price Institutional Global Focused Growth Equity Fund

C000034242 Fund Overview

T. Rowe Price Institutional Global Focused Growth Equity Fund is a US mutual fund managed by T. Rowe Price Global Funds, Inc., categorised as Emerging Markets Growth Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

• Type: US mutual fund
• Manager: T. Rowe Price Global Funds, Inc.
• Category: Emerging Markets Growth Equity
• Assets under management: $25.75M
• SEC CIK: 0000852254
• SEC series ID: S000012706
• Share class ID: C000034242

C000034242 Investment Objective and Strategy

T. Rowe Price Institutional Global Focused Growth Equity Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by T. Rowe Price Global Funds, Inc..

Investment objective

The fund seeks long-term growth of capital through investments primarily in the common stocks of established companies throughout the world, including the U.S.

Principal investment strategy

The fund seeks to be broadly diversified by investing in a variety of industries in developed and, to a lesser extent, emerging markets. The fund normally invests in at least five countries, one of which is the U.S. Under normal conditions, at least 80% of the funds net assets (including any borrowings for investment purposes) will be invested in stocks and at least 40% of the funds net assets will be invested in stocks of companies outside the U.S. (at least 30% if foreign market conditions are not favorable). While the fund has flexibility to purchase stocks of companies of any size, investments will typically focus on large- and mid-cap growth stocks. The fund may at times invest significantly in certain sectors, such as the information technology sector. While the adviser invests with an awareness of the global economic backdrop and the advisers outlook for certain industries, sectors, and individual countries, the advisers decision-making process focuses on bottom-up stock selection.

Country allocation is driven largely by stock selection, though the adviser may limit investments in markets or industries that appear to have poor overall prospects. Security selection reflects a growth style. The adviser relies on a global team of investment analysts dedicated to in-depth fundamental research in an effort to identify companies capable of achieving and sustaining above-average, long-term earnings growth. The adviser seeks to purchase stocks of companies at reasonable prices in relation to present or anticipated earnings, cash flow, or book value. In selecting investments, the adviser generally favors companies with one or more of the following characteristics: leading or improving market position; attractive business niche; attractive or improving franchise or industry position; seasoned management; stable or improving earnings and/or cash flow; and sound or improving balance sheet.

The fund may sell securities for a variety of reasons, such as to secure gains, limit losses, or redeploy assets into more promising opportunities.

C000034242 Costs and Fees

C000034242 costs about $75 per $10,000 invested per year in fund expenses.

• Net expense ratio: 0.75%
• Gross expense ratio: 1.17%
• Portfolio turnover: 112%
• Brokerage commissions: 7.84 bps of average net assets (SEC N-CEN)

C000034242 Cashflows

Over the 12 months to 2019-10, T. Rowe Price Institutional Global Focused Growth Equity Fund had net inflows of $7.29M, from monthly SEC N-PORT filings.

C000034242 Debt Constituents

No individual debt constituents are reported in T. Rowe Price Institutional Global Focused Growth Equity Fund's latest SEC N-PORT filing.

C000034242 Prospectus and SEC Filings

Official T. Rowe Price Institutional Global Focused Growth Equity Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

• Prospectus (485BPOS) — filed 2019-03-12
• Prospectus (485BPOS) — filed 2018-03-13
• Prospectus (485BPOS) — filed 2017-03-13
• Portfolio holdings (N-PORT) — filed 2019-12-23
• Annual census (N-CEN) — filed 2020-01-10
• Annual census, amended (N-CEN/A) — filed 2019-08-23

Related Funds

Other Emerging Markets Growth Equity funds tracked on ABC INVEST:

• Motley Fool Global Opportunities Fund (FOOLX)
• AMG Managers Special Equity Fund (MGSEX)
• CLS Global Aggressive Equity Fund (CLACX)
• Cavalier Growth Opportunities Fund (CATEX)
• The Tocqueville Opportunity Fund (TOPPX)

Data Sources

ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.