T. Rowe Price has launched a US Large Cap Core strategy to boost its equity offerings available via its Luxembourg-domiciled Sicav range.
The fund is approved for distribution in Estonia, Norway, Luxembourg, Netherlands, Sweden and the UK. Approval is pending for other jurisdictions where the Sicav is registered. Targeting long-term capital growth with moderate risk, the fund invests primarily in securities of large US companies, while stock selection reflects a blend of growth and value investment approaches. The portfolio holds between 50 to 75 companies and stocks are picked using a best ideas and bottom-up approach, seeking a favourable mix of company fundamentals, earnings potential and valuation. Jeff Rottingh...
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