T. Rowe Price is a premier global asset management organisation, actively investing in opportunities to help people thrive in an evolving world. Headquartered in Baltimore, we provide a broad range of investment solutions across equity, fixed income, and multi-asset capabilities for clients around the world—from individuals to advisers to institutions to retirement providers. Our clients—and their success—are our singular focus. That’s why we build deep, meaningful partnerships, matching client goals with our expertise. By understanding clients’ needs and delivering timely, actionable insights and solutions, we can help them navigate change and achieve better outcomes. The insights and information on this page are designed for Australian clients and is published for information purposes only. It does not constitute a distribution, offer, invitation, personal or general recommendation, or solicitation to sell or buy any securities or to conduct any particular investment activity in any jurisdiction. The content has not been reviewed by any regulatory authority. These insights and information do not constitute or undertake to give advice of any nature, including fiduciary investment advice, and prospective investors are recommended to seek independent legal, financial and tax advice before making any investment decision. T. Rowe Price group companies receive revenue from T. Rowe Price investment products and services. This page is issued by T. Rowe Price Australia Limited (ABN: 13 620 668 895 and AFSL: 503741), Level 28, Governor Phillip Tower, 1 Farrer Place, Sydney NSW 2000, Australia. Additional disclaimers for the T. Rowe Price Australian Unit Trusts can be found here. https://trowe.com/2X3F5k2 ©2023 T. Rowe Price. All Rights Reserved. T. ROWE PRICE, INVEST WITH CONFIDENCE, and the Bighorn Sheep design are, collectively and/ or apart, trademarks of T. Rowe Price Group, Inc. 202311-3225411