T. Rowe Price Funds OEIC - Global Dividend Equity Fund C Acc

Objective To increase the value of its shares through both growth in the value of, and income from, its investments over the long term (a minimum of 5 years). Portfolio securities The fund is actively managed and invests at least 80% of total assets in a diversified portfolio of shares and related securities issued by companies that, in the opinion of the investment manager, pay attractive dividends and/or have potential for dividend growth as well as the potential for capital appreciation. The companies may be anywhere in the world, including emerging markets. Types of securities may include common stocks, preferred stocks, warrants, American Depository Receipts (ADRs), European Depository Receipts (EDRs) and Global Depository Receipts (GDRs). The fund does not invest more than 20% of its assets in debt and money market securities. Derivatives and techniques The fund may use derivatives for hedging and efficient portfolio management. In exceptional circumstances, the fund may temporarily hold a significant proportion of its assets in cash and other liquid assets, where deemed necessary. This might occur in circumstances of extremely adverse market conditions and/or upon receipt of significant subscriptions or redemptions by the fund. Investment process The investment manager’s approach is to: ◼ Use an integrated approach to investing which combines quantitative models and fundamental analysis to identify global companies that pay attractive dividends and/or have potential for dividend growth as well as the potential for capital appreciation. ◼ Employ quantitative models which have been developed to select stocks in a systematic way based on criteria such as the quality of a company’s management team, profitability, reliability of earnings, valuation, and dividend yield. ◼ Incorporate fundamental research provided by a proprietary investment platform to select favoured stocks. ◼ The portfolio is typically constructed in a “bottom up” manner, an approach that focuses more on evaluations of individual stocks than on analysis of overall economic trends and market cycles. ◼ The fund attempts to create a portfolio with similar risk characteristics to the Benchmark (including sector, industry, region, country) with the potential to provide excess returns relative to the Benchmark by overweighting stocks that are viewed favourably, and underweighting or avoiding stocks that are viewed negatively. The fund is actively managed, and its performance may deviate from the Benchmark’s performance. ◼ Integrate environmental, social and governance ("ESG") factors into the investment research process for certain investments with particular focus on those factors considered most likely to have a material impact on the performance of the holdings or potential holdings in the fund’s portfolio. Such ESG factors can include but are not limited to climate change, resource depletion, labour standards, diversity, human rights issues, and governance structure and practices. These ESG factors are incorporated into the investment process alongside financials, valuation, macro-economics and other factors. Consequently, ESG factors are not the sole driver of an investment decision but are instead one of several important inputs considered during investment analysis. Designed for Investors who typically plan to invest for five years or more. Fund reference currency GBP Benchmark MSCI ACWI High Dividend Yield Index – Net. Benchmark UseThe fund is constrained by the Benchmark by seeking to maintain sector, industry and risk characteristics similar to the Benchmark.Investors may use the benchmark to compare the fund’s performance.When a share class is hedged to a different currency, a hedged version of the benchmark (where available) will be used by the ACD. IA Sector Many UK funds are grouped into sectors by the Investment Association (the “IA”) (the trade body that represents UK investment managers), to help investors to compare funds with broadly similar characteristics. Investors may compare the fund against the performance of the Global Equity Income sector. It can therefore serve as a method of comparing the fund’s performance with other funds that have broadly similar characteristics. The fund is not constrained to or managed in line with this sector. Other Information: Income generated by the fund is reinvested and included in the value of its shares. The fund deducts expenses from capital. This may have tax implications for investors, especially those for whom income and capital gains are subject to different treatment and personal tax rates. Orders to buy, switch and redeem shares are ordinarily processed any day that is a full bank business day in England and Wales except on days when markets, in which a substantial amount of the portfolio is traded, are closed or the day before. Please consult the following link https://www.troweprice.com/literature/public/country/gb/language/en/lit erature-type/trading-calendar/sub-type/oeic, for dealing calendar and any applicable exceptions. Orders received and accepted by 12:00 noon on a business day will generally be processed that day.