SICAV
US Select Value Equity Fund
A highly concentrated, yet well-balanced, portfolio of 30-40 US large cap companies that we believe possess compelling valuations and the potential for fundamental improvement. We focus on higher-quality companies with strong brands, franchises, or assets that we think are undervalued.
ISIN LU2187418277
View more information on risks
FACTSHEET
KIID
Risk & Reward ?
(SRRI)
1 2 3 4 5 6 7 Data as of: 30-Sep-2021
NAV
(USD)
$14.68
Data as of: 22-Oct-2021
1YR Return
(Annualised)
41.30%
Data as of: 30-Sep-2021
Fund Size
(USD)
$10.0m
Data as of: 30-Sep-2021
Perf Change
(Daily)
0.27%
Data as of: 22-Oct-2021
3YR Return
(Annualised)
N/A
Data as of: 30-Sep-2021

Overview
Strategy
Fund Summary
We employ a risk-aware, long-term, and value-oriented investment approach with a focus on relative valuation opportunities. Our investment process emphasises companies with high-quality business models that are trading at discounts relative to their history, their competitors, or to the market as a whole.
SMALL-CAP
MID-CAP
LARGE-CAP

47
Holdings

Style
Value
Risk & Reward Data

Risk return statistics are not available until 3 years of data is available.
Performance - Net of Fees
Current Year Performance
MTD
3.89%
Benchmark*
5.51%
Excess Return

-1.62%
QTD
3.89%
Benchmark*
5.51%
Excess Return

-1.62%
YTD
23.47%
Benchmark*
21.99%
Excess Return

1.48%
Data as of 22-Oct-2021
1 Month
-0.70%
Benchmark*
-3.53%
Excess Return

2.83%
3 Months
1.65%
Benchmark*
-0.93%
Excess Return

2.58%
Data as of 30-Sep-2021
 
Annualised Performance
1 YR
41.30%
Benchmark*
34.18%
Excess Return

7.12%
3 YR
N/A
Benchmark*
N/A
Excess Return

N/A
5 YR
N/A
Benchmark*
N/A
Excess Return

N/A
Inception
33.49%
Benchmark*
30.01%
Excess Return

3.48%
Manager Inception
33.49%
Benchmark*
30.01%
Excess Return

3.48%
Data as of 30-Sep-2021
Indicative Benchmark : Russell 1000 Value Net 30% Index
Fund Inception: 20-Jul-2020
Manager Inception: 20-Jul-2020

* The index shown is not a formal benchmark. It is shown only for comparison purposes.

Holdings
Total
Holdings
47
Largest
Wells Fargo
6.23%
Was ( 30-Jun-2021 )

5.99%
Top 10
42.13%
Contributor
Wells Fargo
By 1.36%
% of fund
6.26%
Detractor
Anthem
By -0.27%
% of fund
4.69%
Purchase
State Street (N)
1.20%
Was ( 30-Jun-2021 )
0.00%
Sale
Bank of New York Mellon (E)
0.00%
Was ( 30-Jun-2021 )
1.28%
Data as of 30-Sep-2021
Sectors
Total
Sectors
11
Largest
Financials
24.84%
Was ( 31-Aug-2021 )
25.26%
Contributor
Financials
By 1.11%
Sector
0.12%
Selection
0.99%
Detractor
Consumer Discretionary
By -0.38%
Sector
0.08%
Selection
-0.47%
Data as of 30-Sep-2021
Over
Utilities
By 4.12%
Fund
9.00%
Benchmark*
4.89%
Under
Consumer Discretionary
By -3.59%
Fund
2.03%
Benchmark*
5.62%
Data as of 30-Sep-2021
Data as of 30-Sep-2021
Indicative Benchmark: Russell 1000 Value Index

* The index shown is not a formal benchmark. It is shown only for comparison purposes.


Team
John Linehan,
Portfolio Manager
John D. Linehan is the portfolio manager for the U.S. Large Cap Equity Income Strategy, U.S. Select Value Strategy and co-portfolio manager for the US Large-Cap Value Equity Strategy in the U.S. Equity Division.
Portfolio Manager since
2020
Years at
T. Rowe Price
22
Years investment experience
31
Eric Papesh,
Portfolio Specialist
Eric Papesh is a portfolio specialist in the U.S. Equity Division of T. Rowe Price.
Years at T. Rowe Price
5
Years investment experience
25
How to Invest
Fees Minimum Initial Investment and Holding Amount Minimum Subsequent Investment Sales Charge (up to) Investment Management Fee Ongoing
Charges1
Class A $1000 $100 5.00% 155 basis points 1.72%
Class Q $1000 $100 N/A 70 basis points 0.87%
Class I $2,500,000 $100,000 N/A 70 basis points 0.80%

Indicative Benchmark Data Source: Russell.  Frank Russell Company (“Russell”) is the source and owner of the Russell Index data contained or reflected in these materials and all trademarks and copyrights related thereto. Russell® is a registered trademark of Russell. Russell is not responsible for the formatting or configuration of this materials or for any inaccuracy in T. Rowe Price Associates’ presentation thereof.

Past performance is not a reliable indicator of future performance.

Source for performance: T. Rowe Price. Fund performance is calculated using the official NAV with dividends reinvested, if any. The value of an investment and any income from it can go down as well as up. Investors may get back less than the amount invested. It will be affected by changes in the exchange rate between the base currency of the fund and the subscription currency, if different. Sales charges (up to a maximum of 5% for the A Class), taxes and other locally applied costs have not been deducted and if applicable, they will reduce the performance figures.

The Funds are sub-funds of the T. Rowe Price Funds SICAV, a Luxembourg investment company with variable capital which is registered with Commission de Surveillance du Secteur Financier and which qualifies as an undertaking for collective investment in transferable securities (“UCITS”). Full details of the objectives, investment policies and risks are located in the prospectus which is available with the key investor information documents in English and in an official language of the jurisdictions in which the Funds are registered for public sale, together with the articles of incorporation and the annual and semi-annual reports (together “Fund Documents”). Any decision to invest should be made on the basis of the Fund Documents which are available free of charge from the local representative, local information/paying agent or from authorised distributors and via www.troweprice.com.

Daily performance data is based on the latest available NAV.  

Please note that the Fund typically has a risk of high volatility.

The specific securities identified and described in this website do not represent all of the securities purchased, sold, or recommended for the sub-fund and no assumptions should be made that the securities identified and discussed were or will be profitable.

A full list of the currently issued Share Classes including Distributing, Hedged, and Accumulating Categories may be obtained, free of charge and upon request, from the registered office of the Company.  

1 Please note that the Ongoing Charges figure is inclusive of the Investment Management Fee and is charged per annum.