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Fund in Focus: T Rowe Price’s CHF1.1 billion US Large Cap Value Equity fund

We take a closer look at T. Rowe Price's US Large Cap Value Equity fund. Results are as of 30 September 2018.

Fund managers:  

The T Rowe US Large Cap Value Equity fund is managed by Citywire + rated Mark Finn, AA-rated John D Linehan and A-rated Heather K. McPherson.

Finn has worked at T Rowe Price for more than 20 years and got his first Citywire rating in July 2014.

Linehan is currently vice president and portfolio manager at the firm’s equity division and joined the company in 1998. He got his first Citywire rating in July 2009.

McPherson joined T. Rowe Price in 2002 and previously worked as an analyst at Salomon Smith Barney.

McPherson, who is currently A rated, got her first Citywire rating, a +, in January 2018 and has been consistently rated since then, upgrading to A for the first time in February.

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Fund managers:  

The T Rowe US Large Cap Value Equity fund is managed by Citywire + rated Mark Finn, AA-rated John D Linehan and A-rated Heather K. McPherson.

Finn has worked at T Rowe Price for more than 20 years and got his first Citywire rating in July 2014.

Linehan is currently vice president and portfolio manager at the firm’s equity division and joined the company in 1998. He got his first Citywire rating in July 2009.

McPherson joined T. Rowe Price in 2002 and previously worked as an analyst at Salomon Smith Barney.

McPherson, who is currently A rated, got her first Citywire rating, a +, in January 2018 and has been consistently rated since then, upgrading to A for the first time in February.

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Fund performance:

Fund size: CHF 1.1 billion

Returns over three years: 47%

The fund aims to find companies with prospects for upward revaluation as a result of improving financials or raised investor perception.

The fund has recorded returns of 47% over the past three years, compared with 47.8% of the sector average.

It has been overperforming the sector average since October 2015, however its performance has been slowing down in the past three months.

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Portfolio construction:

  • Consumer discretionary: 6.6 %
  • Consumer staples: 8.3 %
  • Energy: 9.9 %
  • Financials: 23.0 %
  • Health care: 15.7 %
  • Industrials & business services: 10.4 %
  • Information technology: 10.2 %
  • Materials: 4.1 %
  • Real estate: 1.5 %
  • Telecommunication services: 1.9 %
  • Utilities: 6.1 %

The fund’s largest overweights are industrials and business services and consumer staples.

Its largest holdings are JPMorgan Chase at 3.9%, Microsoft at 3.5 % and Wells Fargo at 3.2%.

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Related Fund Managers

John D Linehan
John D Linehan
126/222 in Equity - US (Performance over 3 years) Average Total Return: 25.18%
Mark Finn
Mark Finn
125/222 in Equity - US (Performance over 3 years) Average Total Return: 25.18%
Heather K. McPherson
Heather K. McPherson
124/222 in Equity - US (Performance over 3 years) Average Total Return: 25.18%