SICAV
US Large Cap Growth Equity Fund
Seeking to identify investments with the potential to deliver double-digit earnings growth.
ISIN LU0174119775
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FACTSHEET
KIID
FUND PROFILE
COMMENTARY

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Risk & Reward ?
(SRRI)
1 2 3 4 5 6 7
NAV
(USD)
$52.92
1YR Return
(Annualised)
11.04%
Fund Size
(USD)
$2.3b
Perf Change
(Daily)
1.57%
3YR Return
(Annualised)
20.81%

Overview
Strategy
Fund Summary
Deliver long-term returns from attractive U.S. companies with high-quality earnings streams, strong free cash flow growth and shareholder-oriented management.
SMALL-CAP
MID-CAP
LARGE-CAP

68
Holdings

Style
Growth
Risk & Reward Data
Information Ratio
0.27
Sharpe Ratio
1.00
Historical Tracking Error
6.33%
01 January 2017

Portfolio Team Update

Effective January 1, 2017, Taymour Tamaddon will assume portfolio management responsibility for the fund/strategy/portfolio.

01 January 2017

Portfolio Team Update

Effective January 1, 2017, Taymour Tamaddon will assume portfolio management responsibility for the fund/strategy/portfolio.

Performance - Net of Fees
Current Year Performance
MTD
-3.48%
Benchmark*
-1.00%
Excess Return

-2.48%
QTD
-0.17%
Benchmark*
1.22%
Excess Return

-1.39%
YTD
17.44%
Benchmark*
22.73%
Excess Return

-5.29%
Data as of 19-Aug-2019
1 Month
3.43%
Benchmark*
2.24%
Excess Return

1.19%
3 Months
2.39%
Benchmark*
2.28%
Excess Return

0.11%
Data as of 31-Jul-2019
 
Annualised Performance
1 YR
11.04%
Benchmark*
10.40%
Excess Return

0.64%
3 YR
20.81%
Benchmark*
16.66%
Excess Return

4.15%
5 YR
15.48%
Benchmark*
13.76%
Excess Return

1.72%
10 YR
16.69%
Benchmark*
15.22%
Excess Return

1.47%
Manager Inception
23.18%
Benchmark*
19.30%
Excess Return

3.88%
Data as of 31-Jul-2019
Indicative Benchmark : Russell 1000 Growth Net 30% Index
Fund Inception: 31-Jul-2003
Manager Inception: 31-Dec-2016

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

Holdings
Total
Holdings
68
Largest
Amazon.com
8.62%
Was ( 31-Mar-2019 )

8.40%
Top 10
48.24%
Contributor
Amazon.com
By 1.53%
% of fund
8.54%
Detractor
Alphabet
By -1.92%
% of fund
7.18%
Purchase
Facebook
6.13%
Was ( 31-Mar-2019 )
5.12%
Sale
UnitedHealth Group
0.73%
Was ( 31-Mar-2019 )
2.61%
Data as of 30-Jun-2019
Sectors
Total
Sectors
9
Largest
Information Technology
29.43%
Was ( 30-Jun-2019 )
29.59%
Contributor
Information Technology
By 0.39%
Sector
-0.09%
Selection
0.49%
Detractor
Health Care
By -0.73%
Sector
-0.43%
Selection
-0.30%
Data as of 30-Jun-2019
Over
Communication Services
By 7.53%
Fund
19.26%
Benchmark*
11.73%
Under
Information Technology
By -8.19%
Fund
29.43%
Benchmark*
37.63%
Data as of 31-Jul-2019
Data as of 31-Jul-2019
Indicative Benchmark: Russell 1000 Growth Index

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


Team
Taymour Tamaddon,
Portfolio Manager
Taymour Tamaddon is a portfolio manager on the large-cap growth team in the U.S. Equity Division.
Portfolio Manager since
2017
Years at T. Rowe Price
13
Years investment experience
14
Julian Cook,
Portfolio Specialist
Julian Cook is a portfolio specialist in the Equity Division covering the US Large-Cap Growth and Blue Chip Growth Equity Strategies.
Years at T. Rowe Price
1
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

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.

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. Past performance is not a reliable indicator of future performance.

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.

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

Hedged share classes (denoted by 'h') utilise investment techniques to mitigate currency risk between the underlying investment currency(ies) of the fund and the currency of the hedged share class.  The costs of doing so will be borne by the share class and there is no guarantee that such hedging will be effective.

Daily performance data is based on the latest available NAV.  

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.

Attribution Data: Analysis represents the total performance of the portfolio as calculated by the FactSet attribution model and is inclusive of other assets that that will not receive a classification assignment in the detailed structure shown. Returns will not match official T. Rowe Price performance because FactSet uses different exchange rate sources and does not capture intra-day trading. Performance for each security is obtained in the local currency and, if necessary, is converted to U.S. dollars using an exchange rate determined by an independent third party. Figures are shown with gross dividends reinvested.

Sources: Copyright © 2019 FactSet Research Systems Inc. All rights reserved. MSCI/S&P GICS Sectors; Analysis by T. Rowe Price Associates, Inc. T. Rowe Price uses the MSCI/S&P Global Industry Classification Standard (GICS) for sector and industry reporting. Each year, MSCI and S&P make changes to the GICS structure. The last change occurred on September 28, 2018. T. Rowe Price will adhere to all future updates to GICS for prospective reporting.

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.

The Morningstar rating is sourced from Morningstar.

©2019 Morningstar, Inc.  All Rights Reserved.  The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely.  Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.