SICAV III
T. Rowe Price Responsible US Large Cap Value Equity Fund
A best ideas portfolio of around 70-80 US large cap companies with hidden value and upside potential that we believe are overlooked by the market. We look for high quality companies with effective management teams where we believe they can materially improve the business. Environmental, Social and Governance (ESG) considerations are integrated into the investment process.

The fund is categorised as Article 8 under Sustainable Finance Disclosure Regulation (SFDR).
ISIN LU2243341331
View more information on risks
FACTSHEET
KIID
Risk & Reward ?
(SRRI)
1 2 3 4 5 6 7 Data as of: 31-Aug-2021
NAV
(USD)
$11.87
Data as of: 22-Sep-2021

1YR Return
N/A
IA Sector ranking: N/A
Data as of: N/A
Fund Size
(USD)
$38.0m
Data as of: 31-Aug-2021
Perf Change
(Daily)
0.42%
Data as of: 22-Sep-2021
Since Inception
(Cumulative)
N/A
IA Sector ranking: N/A
Data as of: N/A

Overview
Strategy
Fund Summary
We focus on relative value, searching for companies with solid businesses, strong balance sheets, and durable earnings profiles that are inexpensive relative to their history, sector or the market. We balance our valuation analysis with qualitative factors to identify the most compelling valuation opportunities. Additionally, we apply our proprietary exclusion list that aligns with our clients’ most common ESG concerns.

Click here for SFDR Article 8 Fund Disclosures
Investment Association Sector:
North America
SMALL-CAP
MID-CAP
LARGE-CAP

90
Holdings

Style
Value
Risk & Reward Data

Risk return statistics are not available until 3 years of data is available.
MiFID II Regulations

In accordance with MiFID II regulations, performance data for this product will not be displayed until the fund has more than 12 complete months of data available.

Holdings
Total
Holdings
90
Largest
Wells Fargo
3.55%
Was ( 31-Mar-2021 )

3.07%
Top 10
24.13%
Purchase
UPS
2.91%
Was ( 31-Mar-2021 )
2.39%
Sale
DuPont de Nemours (E)
0.00%
Was ( 31-Mar-2021 )
0.87%
Data as of 30-Jun-2021
Sectors
Total
Sectors
11
Largest
Financials
23.86%
Was ( 31-Jul-2021 )
23.08%
Over
Financials
By 2.66%
Fund
23.86%
Benchmark*
21.20%
Under
Communication Services
By -3.52%
Fund
4.89%
Benchmark*
8.42%
Data as of 31-Aug-2021
Data as of 31-Aug-2021
Indicative Benchmark: Russell 1000 Value Index

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


Team
Heather McPherson,
Portfolio Manager
Heather McPherson is co-portfolio manager for the Institutional U.S. Large-Cap Value Equity Strategy in the U.S. Equity Division. She is also an investment analyst covering papers and forest products.
Portfolio Manager since
2020
Years at
T. Rowe Price
17
Years investment experience
19
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
Mark S. Finn,
Portfolio Manager
Mark Finn is the lead portfolio manager of the US Value Equity Strategy and is also a co-portfolio manager of the US Large-Cap Value Equity Strategy.
Portfolio Manager since
2020
Years at
T. Rowe Price
30
Years investment experience
22
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 I USD 2.5 million USD 100,000 N/A 65 basis points 0.75%

In accordance with MiFID II regulations, performance data for this product will not be displayed until the fund has more than 12 complete months of data available.

SICAV III labelling represents the Select Investment Series III SICAV, a Luxembourg UCITS.

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

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 Select Investment Series III 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.  

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.

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