T Rowe Price, a Baltimore-based global investment management organization, has expanded its US equity investment offerings by launching the US Large-Cap Core Fund. The fund seeks long-term capital growth with moderate risk by investing in a concentrated portfolio across the spectrum of both value and growth large-cap domestic stocks.
The company had said that individual investors can access the strategy through a no-load mutual fund or Advisor Class shares that are available through financial intermediaries. More than 30 analysts will contribute their investment ideas based on bottom-up approach that seeks to identify the combination of company fundamentals, earnings potential, and valuation. Normally, the fund will invest at least 80% of its net assets in the stocks of US large-cap companies. It has reported that this is the firm’s first US large-cap core offering.
The fund will be managed by Jeff Rottinghaus, both as an analyst and portfolio manager.
Mr. Rottinghaus said: “Our flexible investment program allows us to concentrate our best U.S. large-cap stock picks into one convenient portfolio. We continually evaluate our investment thesis, relative valuation factors, qualitative and quantitative company assessments, and portfolio-level risk analysis to make the best investment selections.”
