T. Rowe Price Introduces New Canadian Pooled Investment Vehicle

U.S. Large-Cap Core Growth Equity strategy now available to Canadian institutional investors through new pooled vehicle

BALTIMORE, Dec. 8, 2015 /CNW/ -- T. Rowe Price (NASDAQ-GS: TROW) today announced its U.S. Large-Cap Core Growth Equity strategy is available to Canadian institutional investors through a pooled vehicle. This marks the third pooled investment vehicle that T. Rowe Price has launched in Canada. The Global Growth Equity and the International Core Equity strategies were introduced earlier in 2015. 

The U.S Large-Cap Core Growth Equity strategy has been available to U.S. institutional investors for many years. In response to strong demand, it is now open to Canadian institutional investors. The pool is designed for long-term investors and requires a $5 million initial investment minimum.


  • The objective is to seek long-term capital growth through investments in the common stocks of large-cap growth companies.
  • The strategy focuses on companies with leading market positions in fertile growth fields with the following characteristics: seasoned management teams, strong financial conditions, and above-average growth and profitability.
  • The fund follows a growth approach and expects to hold 100-130 stocks.
  • The strategy is managed by Larry Puglia, who has 25 years of investment experience at T. Rowe Price.


Bruce Winch, Head of Sales, T. Rowe Price (Canada), Inc.:
"The launch of our U.S. Large-Cap Core Growth Equity pool stems from strong demand for our actively managed U.S. equity portfolios. This strategy, which has existed for 23 years, is a nice complement to our existing Canadian pooled vehicles, which are being well received by defined benefit and defined contribution clients across Canada. We expect to continue to launch Canadian pools based on the demand from our clients, such as global fixed income."

For more information, contact Bruce Winch at 416-572-2582 or at bruce_winch@troweprice.com.


Founded in 1937, Baltimore-based T. Rowe Price is a global investment management organization with $972.7 billion (CAD) in assets under management as of September 30, 2015. The organization provides a broad array of mutual funds, subadvisory services, and separate account management for individual and institutional investors, retirement plans, and financial intermediaries.

The strategies discussed above are subject to market risks and the risks of international investing, including currency risk and political risk.


This material, including any statements, information, data and content contained within it and any materials, information, images, links, graphics or recording provided in conjunction with this material are being furnished by T. Rowe Price for general informational purposes only. The material is not intended for use by persons in jurisdictions which prohibit or restrict the distribution of the material and in certain countries the material is provided upon specific request. It is not intended for distribution to retail investors in any jurisdiction. Under no circumstances should the material, in whole or in part, be copied or redistributed without consent from T. Rowe Price. The material does not constitute a distribution, an offer, an invitation, recommendation or solicitation to sell or buy any securities in any jurisdiction. The material has not been reviewed by any regulatory authority in any jurisdiction. The material does not constitute advice of any nature and prospective investors are recommended to seek independent legal, financial and tax advice before making any investment decision. Past performance is not a reliable indicator of future performance. The value of an investment and any income from it can go down as well as up. Investors may get back less than the amount invested.

The views contained herein are as of December 8, 2015 and may have changed since that time.

Canada - Issued in Canada by T. Rowe Price (Canada), Inc. T. Rowe Price (Canada), Inc. enters into written delegation agreements with affiliates to provide investment management services. T. Rowe Price (Canada), Inc. is not registered to provide investment management business in all Canadian provinces. The investment management services provided by T. Rowe Price (Canada), Inc. are only available for use by Accredited Investors as defined under National Instrument 45-106 in those provinces where it is able to provide such services.

T. ROWE PRICE, INVEST WITH CONFIDENCE, and the Bighorn Sheep design are, collectively and/or apart, trademarks or registered trademarks of T. Rowe Price Group, Inc. in the United States, European Union, and other countries. This material is intended for use only in select countries.

SOURCE T. Rowe Price Associates

For further information: T. ROWE PRICE, PUBLIC RELATIONS, Bill Benintende, 410-345-3482, bill_benintende@troweprice.com, http://www.troweprice.com

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