Morningstar Fund Report  | 11/04/2025Print

T. Rowe Price Funds SICAV - Asian Opportunities Equity Fund I USD

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
T. Rowe Price Funds SICAV - Asian Opportunities Equity Fund I USD
Fund-3.8-8.5-6.512.2-2.0
+/-Cat-0.92.7-2.31.10.2
+/-B’mrk-0.8-0.7-7.50.0-0.4
 
Category: Asia ex-Japan Equity
Category Benchmark: Morningstar Asia xJpn TME N...
Key Stats
NAV
10/04/2025		 USD 17.38
Day Change 2.19%
Morningstar Category™ Asia ex-Japan Equity
ISIN LU1044871900
Fund Size (Mil)
09/04/2025		 USD 121.35
Share Class Size (Mil)
09/04/2025		 USD 7.17
Max Initial Charge -
Ongoing Charge
17/02/2025		  0.85%
Investment Objective: T. Rowe Price Funds SICAV - Asian Opportunities Equity Fund I USD
To increase the value of its shares, over the long term, through growth in the value of its investments.
Returns
Trailing Returns (GBP)10/04/2025
YTD-9.12
3 Years Annualised-2.52
5 Years Annualised2.46
10 Years Annualised5.40
12 Month Yield 0.00
Management
Manager Name
Start Date
Jihong Min
01/04/2022
Inception Date
21/05/2014

Category Benchmark
Fund BenchmarkMorningstar Benchmark
MSCI AC Asia Ex Japan NR USDMorningstar Asia xJpn TME NR USD
Portfolio Profile for  T. Rowe Price Funds SICAV - Asian Opportunities Equity Fund I USD28/02/2025
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock98.080.0098.08
Bond0.000.000.00
Property0.000.000.00
Cash1.920.001.92
Other0.000.000.00
Top 5 Regions%
Asia - Emerging62.60
Asia - Developed36.11
United States1.30
Canada0.00
Latin America0.00
Top 5 Sectors%
Financial Services28.07
Technology27.51
Consumer Cyclical16.40
Communication Services13.44
Real Estate5.11
Top 5 HoldingsSector%
Tencent Holdings LtdCommunication ServicesCommunication Services8.44
Taiwan Semiconductor Manufacturi... TechnologyTechnology5.21
Taiwan Semiconductor Manufacturi... TechnologyTechnology4.11
MediaTek IncTechnologyTechnology4.06
Alibaba Group Holding Ltd Ordina... Consumer CyclicalConsumer Cyclical4.00
Increase Decrease New since last portfolio
T. Rowe Price Funds SICAV - Asian Opportunities Equity Fund I USD
Growth Of 1000 (GBP) 31/03/2025
Fund:  T. Rowe Price Funds SICAV - Asian Opportunities Equity Fund I USD
Category:  Asia ex-Japan Equity
Category Index:  Morningstar Asia xJpn TME NR USD
Growth of 1,000 GBP
Annual Returns (GBP)31/03/2025
 201820192020202120222023202431/03
Price Return-4.9820.0724.01-3.79-8.50-6.4812.23-2.03
+/- Category6.975.351.19-0.882.72-2.271.110.17
+/- Category Index1.946.583.42-0.77-0.69-7.47-0.05-0.43
% Rank in Category519395226734854
Trailing Returns (GBP)10/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day2.19   3.293.41
1 Week-4.71   5.065.12
1 Month-8.30   3.503.48
3 Months-9.60   2.111.65
6 Months-11.26   1.101.39
YTD-9.12   2.091.66
1 Year-3.55   1.570.12
3 Years Annualised-2.52   0.66-1.63
5 Years Annualised2.46   -0.07-1.67
10 Years Annualised5.40   1.991.03
 
Category: Asia ex-Japan Equity
Category Index: Morningstar Asia xJpn TME NR USD
Quarterly Returns (GBP)31/03/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
2025-2.03---
20243.926.591.97-0.64
20232.98-6.22-2.66-0.52
2022-6.280.41-6.323.79
20214.570.65-7.69-0.97
2020-12.2620.984.2312.09
 
 
 
Morningstar Rating™(Relative to Category)31/03/2025
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearAverageAverage3 star
5-YearAverageAverage3 star
10-YearAbove AverageBelow Average5 star
OverallAbove AverageAverage4 star
 
Category :  Asia ex-Japan EquityClick here to see our Methodology
Volatility Measurements31/03/2025
 
3-Yr Std Dev16.39 %
3-Yr Mean Return1.41 %
 
3-Yr Sharpe Ratio-0.16
 
Modern Portfolio Statistics31/03/202531/03/2025
 Standard IndexBest Fit Index
 Morningstar Asia xJpn TME NR USD  Morningstar Asia xJpn TME NR USD
3-Yr Beta1.051.05
3-Yr Alpha-2.02-2.02
 
Investment Style Details28/02/2025
Morningstar Style Box®
Equity Style
SizeRel to Cat
Average Mkt Cap (Mil)USD 52192-
Market Capitalisation% of Equity
Giant65.33
Large26.07
Medium8.60
Small0.00
Micro0.00
Valuations and Growth RatesEquity PortfolioRelative to Category
Price/Prospective Earnings14.161.08
Price/Book2.221.26
Price/Sales2.291.31
Price/Cash Flow7.711.12
Dividend-Yield Factor2.571.04
 
Long-Term Projected Earnings Growth10.250.98
Historical Earnings Growth8.181.38
Sales Growth2.430.53
Cash-Flow Growth13.921.40
Book-Value Growth8.251.13
 
Category: Asia ex-Japan Equity
Asset Allocation28/02/2025
Asset Allocation
 % Long% Short% Net Assets
Stock98.080.0098.08
Bond0.000.000.00
Property0.000.000.00
Cash1.920.001.92
Other0.000.000.00
World Regions28/02/2025
 % of EquityRelative to Category
United States1.300.60
Canada0.000.00
Latin America0.000.00
United Kingdom0.000.00
Eurozone0.000.00
Europe - ex Euro0.000.00
Europe - Emerging0.000.00
Africa0.00-
Middle East0.00-
Japan0.000.00
Australasia0.000.00
Asia - Developed36.110.95
Asia - Emerging62.601.07
 
Category: Asia ex-Japan Equity
Sector Weightings28/02/2025
 % of EquityRelative to Category
Consumer CyclicalConsumer Cyclical16.400.87
Financial ServicesFinancial Services28.071.28
Real EstateReal Estate5.111.76
Consumer DefensiveConsumer Defensive1.690.51
HealthcareHealthcare0.990.35
Communication ServicesCommunication Services13.441.20
EnergyEnergy2.011.14
IndustrialsIndustrials4.780.76
TechnologyTechnology27.511.00
 
Category: Asia ex-Japan Equity
Top 10 Holdings28/02/2025
 Portfolio NEW
Total Number of Equity Holdings55
Total Number of Bond Holdings0
Assets in Top 10 Holdings39.35
NameSectorCountry% of Assets
Tencent Holdings Ltd308China8.44
Taiwan Semiconductor Manufacturing Co... 311Taiwan5.21
Taiwan Semiconductor Manufacturing Co... 311Taiwan4.11
MediaTek Inc311Taiwan4.06
Alibaba Group Holding Ltd Ordinary Sh... 102China4.00
AIA Group Ltd103Hong Kong3.02
PT Bank Central Asia Tbk103Indonesia2.79
KE Holdings Inc ADR104China2.68
DBS Group Holdings Ltd103Singapore2.60
Shenzhen Inovance Technology Co Ltd C... 310China2.45
 
Increase Decrease New since last portfolio
Category: Asia ex-Japan Equity
 
Management
Name of CompanyT. Rowe Price (Luxembourg) Management S.à r.l.
Phone+441268466339
Websitewww.troweprice.com
Address35, Boulevard du Prince Henri
 Luxembourg   L-1724
 Luxembourg
DomicileLuxembourg
Legal StructureSICAV
UCITSYes
Inception Date21/05/2014
Fund Advisor(s)
T. Rowe Price International Ltd
Fund ManagerJihong Min
Manager Start Date01/04/2022
Career Start Year2003
Education
State University of New York, Binghamton, B.Sc.
 
Biography
Jihong Min is a co-portfolio manager of the Asia Opportunities Equity Strategy in the International Equity Division. He is a vice president of T. Rowe Price Group, Inc., and T. Rowe Price Singapore Private Limited. Jihong’s investment experience began in 2003, and he has been with T. Rowe Price since 2012, beginning in the Investment Equity department. Prior to this, Jihong was an investment analyst with Fortress Investment Group and Geosphere Capital covering Asian financials. Jihong started his career in J.P. Morgan’s Investment Banking Division in New York. Jihong earned a B.Sc. in business management from the State University of New York, Binghamton.
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Chargen/a
Max Exit Charge*n/a
Annual Charges
Max Annual Management Charge0.75%
Ongoing Charge0.85%
Purchase Details
Minimum Investments
Initial1000000  USD
Additional100  USD
Savings-
Tax Free Savings Schemes
ISAsYes