OEIC
US Equity Fund
Style agnostic investing in larger US companies.
ISIN GB00BD8G5832
View more information on risks
FACTSHEET
KIID
Risk & Reward ?
(SRRI)
1 2 3 4 5 6 7 Data as of: 31-Jan-2020
NAV
(GBP)
£14.95
Data as of: 19-Feb-2020

1YR Return
23.39%
IA Sector ranking: 49/148
Data as of: 31-Jan-2020
Fund Size
(GBP)
£9.3m
Data as of: 31-Jan-2020
Perf Change
(Daily)
0.15%
Data as of: 19-Feb-2020
3YR Return
(Cumulative)
41.98%
IA Sector ranking: 49/136
Data as of: 31-Jan-2020

This fund's strategy is also available as a SICAV
Overview
Strategy
Fund Summary
Investment in attractive opportunities across the US large cap universe irrespective of growth or value style.
Investment Association Sector:
North America
SMALL-CAP
MID-CAP
LARGE-CAP

65
Holdings

Style
Agnostic
Risk & Reward Data
Information Ratio
-0.01
Sharpe Ratio
1.04
Historical Tracking Error
4.30%
Performance
YTD 1 year 3 year

Cumulative

5 year

Cumulative

Since Inception

Cumulative

Fund 2.73% 23.39% 41.98% N/A 43.77%
IA Sector Ranking 49/151 49/148 49/136 N/A N/A
IA Sector 1.54% 19.74% 37.36% N/A 44.46%
Excess Return 1.19% 3.65% 4.62% N/A -0.69%
Indicative Benchmark 0.44% 21.07% 42.13% N/A 48.51%
Excess Return 2.29% 2.32% -0.15% N/A -4.74%

Data as of 31-Jan-2020

Holdings
Total
Holdings
65
Largest
Microsoft
4.64%
Was ( 30-Sep-2019 )

4.37%
Top 10
28.48%
Contributor
Microsoft
By 0.87%
% of fund
4.60%
Detractor
PepsiCo
By -0.22%
% of fund
1.93%
Purchase
Verizon Communications (N)
1.94%
Was ( 30-Sep-2019 )
0.00%
Sale
Exelon (E)
0.00%
Was ( 30-Sep-2019 )
1.31%
Data as of 31-Dec-2019
Sectors
Total
Sectors
11
Largest
Information Technology
21.14%
Was ( 31-Dec-2019 )
20.49%
Contributor
Energy
By 0.40%
Sector
0.08%
Selection
0.32%
Detractor
Health Care
By -0.31%
Sector
0.09%
Selection
-0.40%
Data as of 31-Dec-2019
Over
Utilities
By 2.34%
Fund
5.89%
Benchmark*
3.55%
Under
Information Technology
By -3.05%
Fund
21.14%
Benchmark*
24.19%
Data as of 31-Jan-2020
Data as of 31-Jan-2020
Indicative Benchmark: S&P 500 Index

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


Team
Jeff Rottinghaus,
Portfolio Manager
Jeff Rottinghaus is a portfolio manager in the U.S. Equity Division of T. Rowe Price. He is president of the US Large-Cap Core Equity and Growth & Income Equity Strategies and chairman of the strategies' Investment Advisory Committees.
Portfolio Manager since
2016
Years at
T. Rowe Price
18
Years investment experience
18
Eric Papesh,
Portfolio Specialist
Eric Papesh is a portfolio specialist in the U.S. Equity Division of T. Rowe Price. He is based in London.
Years at T. Rowe Price
4
Years investment experience
24
How to Invest
Fees Minimum Initial Investment and Holding Amount Minimum Subsequent Investment Sales Charge (up to) Management Charge Ongoing Charge1
Class C GBP10,000 GBP500 N/A Up to 0.65% 0.82%

Indicative Benchmark Data Source: Standard & Poor's. Copyright © 2018, S&P Global Market Intelligence (and its affiliates, as applicable). Reproduction of S&P 500 Index in any form is prohibited except with the prior written permission of S&P Global Market Intelligence (“S&P”). None of S&P, its affiliates or their suppliers guarantee the accuracy, adequacy, completeness or availability of any information and is not responsible for any errors or omissions, regardless of the cause or for the results obtained from the use of such information. In no event shall S&P, its affiliates or any of their suppliers be liable for any damages, costs, expenses, legal fees, or losses (including lost income or lost profit and opportunity costs) in connection with any use of S&P information.

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, 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. 

Benchmark: Investors may use the benchmark to compare the fund’s performance. The benchmark has been selected because it is similar to the investment universe used by the investment manager and therefore acts as an appropriate comparator. The investment manager is not constrained by any country, sector and/or individual security weightings relative to the benchmark and has complete freedom to invest in securities that do not form part of the benchmark.

IA Sector: Many UK funds are grouped into sectors by the Investment Association (the “IA”) (the trade body that represents UK investment managers), to help investors to compare funds with broadly similar characteristics. Investors may compare the fund against the performance of the North America sector. This sector represents the average performance of certain funds that invest at least 80% of their assets in North American shares. It can therefore serve as a method of comparing the fund’s performance with other funds that have broadly similar characteristics. The fund is not constrained to or managed in line with this sector. Source for IA Sector Data: © Morningstar. All Rights Reserved.

Daily performance data is based on the latest available NAV.  

The Funds are sub-funds of the T. Rowe Price Funds OEIC, an investment company with variable capital incorporated in England and Wales which is registered with the UK Financial Conduct Authority 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.

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 © 2020 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 Management Charge and is charged per annum.

Citywire - where the Fund manager is rated by Citywire the rating is based on the manager's 3 year risk adjusted performance.