T. Rowe Price Institutional Global Growth Equity Fund

C000069641 Fund Overview

T. Rowe Price Institutional Global 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: $198.65M
• SEC CIK: 0000852254
• SEC series ID: S000023644
• Share class ID: C000069641

C000069641 Investment Objective and Strategy

T. Rowe Price Institutional Global 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 large-cap companies throughout the world, including the U.S.

Principal investment strategy

The fund normally invests at least 80% of its net assets (including any borrowings for investment purposes) in stocks of large-cap companies. Under normal conditions, the fund will invest in at least five countries, one of which will be the U.S., and at least 40% of its net assets will be invested in stocks of large-cap companies outside the U.S., including companies in emerging markets (at least 30% if foreign market conditions are not favorable). The fund defines a large-cap company as one whose market capitalization (number of shares outstanding multiplied by share price) falls within or above the applicable range for companies included in the MSCI All Country World Large Cap Index. The funds and MSCI Inc.s definition of a large-cap company depends on whether the company is located in a developed market or an emerging market.

As of December 31, 2017, the Indexs market capitalization range for large-cap companies in developed markets was approximately $7 billion to $861 billion, and the market capitalization range for large-cap companies in emerging markets was approximately $1 billion to $493 billion. The fund also relies on MSCI Inc. to classify a particular country as developed or emerging. The market capitalization of the companies in the funds portfolio and the Index changes over time; the fund will not automatically sell or cease to purchase additional stock of a company it already owns just because the companys market capitalization falls below the range of the Index. 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.

C000069641 Costs and Fees

C000069641 costs about $73 per $10,000 invested per year in fund expenses.

• Net expense ratio: 0.73%
• Gross expense ratio: 0.73%
• Portfolio turnover: 76%
• Brokerage commissions: 5.87 bps of average net assets (SEC N-CEN)

C000069641 Cashflows

Over the 12 months to 2019-10, T. Rowe Price Institutional Global Growth Equity Fund had net inflows of $9.15M, from monthly SEC N-PORT filings.

C000069641 Debt Constituents

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

C000069641 Prospectus and SEC Filings

Official T. Rowe Price Institutional Global 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.