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Risk : All investments are subject to market risk, including the possible loss of principal. Diversification cannot assure a profit or protect against loss in a declining market. Past performance is not a guarantee or a reliable indicator of future results.

 

This material is provided for informational purposes only and is not intended to be investment advice or a recommendation to take any particular investment action. The views contained are those of the speakers as of the date of the recording and are subject to change without notice. These views may differ from those of other T. Rowe Price associates and/or affiliates. Information is from sources deemed reliable but not guaranteed.

This information is not intended to reflect a current or past recommendation concerning investments, investment strategies, account types, advice of any kind, or a solicitation of an offer to buy or sell any securities or investment services. The opinions and commentary provided do not take into account the investment objectives or financial situation of any particular investor or class of investor. Please consider your own circumstances before making an investment decision.

Discussions relating to specific securities are informational only, are not recommendations, and may or may not have been held in any T. Rowe Price portfolio. There should be no assumption that the securities were or will be profitable. T. Rowe Price is not affiliated with any company discussed. However, T. Rowe Price portfolios may be passively invested in the company

 

All charts and tables are shown for illustrative purposes only. Actual future outcomes may differ materially from any estimates or forward‑looking statements provided.

For U.S. and Canada investors only, visit the Glossary for definitions of financial terms.

For benchmark definitions and market data disclosures visit the Market Data Disclosures page.

T. Rowe Price Associates, Inc. ("TRPA") and T. Rowe Price Investment Management, Inc. (“TRPIM”), registered with the SEC, are investment advisers to T. Rowe Price strategies, ETFs and mutual funds. TRPA and TRPIM are subsidiaries of T. Rowe Price Group, Inc.

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