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What is T. Rowe Price, Inc.? What is its relationship to the Blue Chip Growth Fund?...

What is T. Rowe Price, Inc.? What is its relationship to the Blue Chip Growth Fund? What are T. Rowe Price’s core competencies?

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T. Rowe Price Group, Inc. is an American publicly owned global asset management firm that offers funds, advisory services, account management, and retirement plans and services for individuals, institutions, and financial intermediaries. They are offering about 70 different mutual funds and they are doing good. One of the best performance fund from them is Blue Chip Growth fund, which is carrying 5 star rating and daily YTD returns are about 11.5% from its inception.

It is having more than $50 Millions under AMC, they have invested about 94% in the US domestic firms and remaining 6% into foreign firms.

The core competencies are:

  • a well monitoring by experienced people
  • continuous updating about market
  • short term targets and goals on returns
  • investing in those firms which are fundamentally and technically strong.
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