Staff
T. Rowe Price’s U.S. large-cap core growth equity strategy is now available to Canadian institutional investors through a pooled vehicle.
This vehicle—which has been available to U.S. institutional investors for years—requires a long-term commitment and an initial investment minimum of $5 million.
The pooled fund focuses on companies with leading market positions, experienced management teams, strong financial conditions and above-average growth and profitability.
The fund expects to hold 100-130 stocks.
That’s the third pooled vehicle T. Rowe Price has launched in Canada. The firm introduced the global growth equity strategy and the international core equity strategy earlier this year.