We are pleased to award the T. Rowe Price Global Focused Growth Equity fund with an A rating.

We have met with the fund's manager, David Eiswert, on several occasions and have built our conviction in his ability to consistently meet the fund's performance objective. This strategy is managed with a bias towards growth stocks further up the market capitalisation scale, but it is designed to provide investors with broad regional and industry exposure to companies listed around the globe. Supporting the manager is T.Rowe Price's impressive team of in house analysts and we believe Mr Eiswert makes very good use of this resource available to him. Overall, we feel that this fund will provide investors with an attractive level of returns over the long term.