T. Rowe Price Funds SICAV Dynamic Credit Fund In

The fund seeks total return through a combination of income and capital appreciation.

The fund is actively managed and invests mainly in a diversified portfolio of bonds of all types from issuers around the world, including emerging markets. It promotes environmental and/or social characteristics and follows good governance practices. The fund also applies the investment manager’s proprietary responsible screen (the T. Rowe Price Responsible Exclusion List).

Risks associated with this fund include ABS and MBS, contingent convertible bonds, country (China) risks, credit risks, currency risks, default risks, derivatives risks, distressed or defaulted debt risks, emerging markets risks, frontier markets risks, high yield bond risks, interest rate risks, issuer concentration risks, liquidity risks, prepayment and extension risks, and sector concentration risks.

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