It seems that T. Rowe Price benefits from record growth in actively managed listed funds.
Tim Coyne, het hoofd van het bedrijf van ETF's, meldt dat T. Rowe Price een aanzienlijke groei in het gebied ziet – met een lijst van de T. Rowe Price Capital Appreciatie Equity Etf (TCAF) en T. Rowe Price US Equity Research ETF (TSPA) als twee gevestigde strategieën die kunnen voldoen aan de vraag van beleggers.
“I think having that professionally managed portfolio is really beneficial for customers,” Coyne told CNBC's “ETF Edge” this week. “We just see … greater volatility [and] Uncertainty on both the stock and fixed-income markets.“
According to Coyne, the T. Rowe Price Capital appreciation Equity ETF fits in investors who are looking for long -term growth.
“The goal of the fund is to exceed the S&P 500 with a lower volatility and a greater tax efficiency,” he said. “It is also a more concentrated portfolio, which usually has a hundred names.”
From April 24, the best interests of the fund include Microsoft” Amazon And Apple According to the T. Rowe Price website. But it's not all great technology. The ETF also contains smaller positions in companies such as Becton Dickinson And Roper Technologies.
The T. Rowe Price Capital Appreciation Equity ETF has so far decreased by around 5% this year, while the S&P 500 Is about 7%finished. However, the ETF has risen almost 8% in the past year – roughly identical to the performance of the S&P 500.
Coyne notes that the T. Rowe Price US Equity Research ETF is following a similar strategy, but with a heavier weighting in top technical shares.
“This is more a growth product with a large cap [T Rowe Price U.S. Equity Research ETF]”He said.” There are components of characteristics of both passive and active here. This fund is actually managed by our North -American researchers from research. So again, strong fundamental research goes into the selection of shares. “
Both the T. Rowe Price US Equity Research ETF and S&P 500 have been falling by around 7%since the start of the year. In the meantime, the fund has risen almost 9% in the past year. That is less than 1 percent better than the performance of the S&P 500.
T. Rowe Price US Equity Research ETF versus S&P 500
'A form of Bear market'
Todd Sohn from Strategy Securities thinks that the investment question to active managers will remain strong.
“This is the type of the environment where it [active management] Can actually shine, “said the senior ETF and the technical strategist of the company.” We have a form of Berenmarkt. Here the active manager can really control and offer their solution that they do well. “
