T. Rowe Launches Large-Cap Core Fund
June 30, 2009
T. Rowe Price has launched the T. Rowe U.S. Large-Cap Core Fund, which will invest in a portfolio of 50 to 75 growth and value companies alike. More than 30 analysts will contribute their best investment ideas, based on a bottom-up approach that focuses on company fundamentals, earnings potential and valuation.
Jeff Rottinghaus, who has been with T. Rowe for the past eight years, will manage the fund, the firm’s first U.S. large-cap core offering.
“Our flexible investment program allows us to concentrate our best U.S. large-cap stock picks into one convenient portfolio,” Rottinghaus said. “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.”
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