• A focused large-cap core equity approach using stock selection as the primary source of excess returns blended with a dynamic asset allocation strategy for risk management.
• Core equity style targeting attractive opportunities across the investable universe with a dynamic allocation element to adapt to changing market volatility.

Extensive Multi‑Asset Experience

The strategy leverages our 25+ years of experience in designing and managing multi-asset portfolios that capture T. Rowe Price’s best global investment ideas into solutions that are designed to align with client objectives. We strive to deliver consistent outcomes for clients and seek to add value through multiple sources at each level of the investment process by leveraging our collaborative investment culture.

Global Research Resources

T. Rowe Price has one of the industry’s strongest commitments to in-house research. With our diligent resources and forward-looking capabilities, we aim to bring our clients better insights, which can lead to stronger long-term investment results. In our view, the quality and breadth of our research efforts can provide a critical information edge that supports well-informed investment choices.

Risk Management Through Asset Allocation

The strategy’s core objective is to seek attractive long-term returns by investing in U.S. large-cap equities, while dynamically adjusting the asset allocation to stabilize the portfolio’s risk profile over time. Depending on forecast risk, the allocation to U.S. equities may range between 50% and 100%, and the allocation to de-risking and/or diversifying assets— such as fixed income ETFs—may range from 0% to 50%. 

All investments are subject to risks, including the possible loss of principal. The strategy is not diversified, and poor performance by a single issuer could adversely affect performance. The strategy’s focused approach to equity investing could cause it to underperform other stock portfolios that employ a different investment style.

T. Rowe Price uses the current MSCI/S&P Global Industry Classification Standard (GICS) for sector and industry reporting. 

Numbers may not total due to rounding; all numbers are percentages.

Please note that holdings are released 15 days after the period end. From time to time, certain securities held may not be listed. This is done to prevent potential harm to the portfolio while the manager completes a buying or selling program in those securities. 

The specific securities identified and described do not represent all of the securities purchased, sold, or recommended for advisory clients, and no assumptions should be made that investments in the securities identified and discussed were or will be profitable. 

The information shown does not reflect any ETFs that may be held in the portfolio. 

The representative portfolio is an account in the composite we believe most closely reflects the current portfolio management style for this strategy. Performance is not a consideration in the selection of the representative portfolio. The characteristics of the representative portfolio shown may differ from those of other accounts in the strategy. Please see the GIPS® Disclosure  for additional information on the composite.

We would be pleased to discuss our solutions, products, and capabilities with you. Call 1-877-561-7670 to learn more about SMAs and model portfolios, and more specifically, about which T. Rowe Price SMAs may be suitable for your clients.