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Capital at risk. Past performance is not a guarantee or a reliable indicator of future results and should not be the sole factor of consideration when selecting a product or strategy.

The listed funds are not an exhaustive list of funds available. Visit www.funds.troweprice.com to see the full range of funds offered by T. Rowe Price, including those that consider environmental and social characteristics as part of their investment process.  For up to date information regarding any T. Rowe Price fund's investment strategy, please see the relevant fund KID and prospectus. 

Strategy

Investment Objective

To maximise the value of its shares over long term, through both growth in the value of, and income from, its investments, subject to changing risk profiles along the retirement journey.

Moreover, the fund seeks to support withdrawal over a long-term post-retirement horizon, while moderating the risk of principal loss.

Investment Approach

The investment manager’s approach is to pursue an asset allocation strategy that promotes asset accumulation prior to retirement and support regular withdrawals post retirement. After retirement, the fund is designed to balance longevity and inflation risks along with the need for some income, although it does not guarantee a particular level of income.

Past performance is not a guarantee or a reliable indicator of future results.

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