The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:T. Rowe Adds Mid-Cap Fund Not Rated 0.0 Email Routing List Email & Route  Print Print
Monday, January 05, 2004

T. Rowe Adds Mid-Cap Fund

by: Sean Hanna, Editor in Chief

T. Rowe Price kicked off 2004 by launching the Diversified Mid-Cap Growth Fund. The Baltimore-based fund firm says that the fund's manager Donald J. Peters will use a combination of qualitative analysis and quantitative models to pick mid-cap growth sector stocks.

The new fund is no-load and carries a minimum initial investment of $2,500 for taxable accounts and $1,000 minimum for individual retirement accounts.

Peters already manages the T. Rowe Price Tax-Efficient Growth, Tax-Efficient Multi Cap, and Tax-Efficient Balanced funds, as well as private institutional and separate accounts and has been at the fund firm for a decade.

The Diversified Mid-Cap Growth Fund becomes the fourth mid-cap fund offered by T. Rowe Price, and the third mid-cap growth fund. One of those funds -- the T. Rowe Price Mid-Cap Growth Fund -- is closed to new investors. It differs from the two other mid-cap funds in that it will not necessarily sell stocks of companies that have grown out of its mid-cap mandate and it will focus on pre-tax returns.

"We wanted to expand the investment choices for those interested in adding mid-cap stocks to their portfolios and this new fund complements the firm's existing mid-cap lineup," said Peters.  

Stay ahead of the news ... Sign up for our email alerts now

 Do You Recommend This Story?

Return to Top
 News Archives
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Add to My Yahoo!
follow us in feedly

©All rights reserved to InvestmentWires, Inc. 1997-2022
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use