T. Rowe Price appears to be benefiting from the record growth of its aggressively managed exchange funds.
Tim Coyne, the company’s ETF head, reports that the company is growing significantly in the region. T. We list Lowe’s Price Capital Appreciation Equity ETF (TCAF) and T. Lowe’s Price US Equity Research ETF (TSPA) as two established strategies to meet investor demand.
“I think having that professionally managed portfolio is really beneficial for our clients,” Coyne told CNBC’s ETF Edge this week. “We’re just looking at… greater volatility [and] Uncertainty across both the stock market and the bond market. ”
According to Coyne, T. The RowePrice Capital Appreciation Equity ETF appeals to investors seeking long-term growth.
“The goal of the fund is to have lower volatility and increased tax efficiency to outperform the S&P 500,” he said. “It’s also a more concentrated portfolio, which usually holds around 100 names.”
As of April 24th, the fund’s top holdings include Microsoft, Amazon and Apple, according to the T. Rowe Price website. But it’s not all a big technology. The ETF also has smaller positions for companies such as Becton Dickinson and Roper Technologies.
T. Rowe Price Capital Application Equity ETFs have fallen by about 5% so far this year, while the S&P 500 is about 7%, while ETFs have risen nearly 8% over the past year. It’s roughly the same as the S&P 500’s performance.
Coyne is T. The RowePrice US Equity Research ETF follows a similar strategy, but notes that the top tech stocks have a heavy weight.
“This is a massive growth product [T Rowe Price U.S. Equity Research ETF]”There’s a component of both passive and active characteristics here. This fund is actually managed by North American research supervision. Again, strong basic research is moving towards inventory selection.”
Both the T. Rowe Price US Equity Research ETF and the S&P 500 have fallen by about 7% since the start of the year. Meanwhile, the fund has risen nearly 9% over the past year. This is less than 1% of the performance of the S&P 500.
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T. Rowe Price US Equity ResearchETF vs. S&P 500
“A certain form of bear market”
Todd Sohn of Strategas Securities believes that the investment demand for active managers remains strong.
“This is the type of environment [active management] The company’s senior ETF and technical strategist said, “We’re in some form of bare market, where active managers can really get it and provide solutions that they’re doing the right thing.”
