The fund seeks capital appreciation in the long term by investing in companies across any size outside the United States.
The investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities.
The fund seeks to invest its net assets among a set of T. Rowe Price mutual funds representing specific market segments outside the U.S.
Next, the research team relies on a broad exposure to several markets to lessen the impact of declining markets and benefit from good performance in particular market segments over time.
Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level.
The fund invests in a variety of developed and emerging market equity funds.
In addition, the fund’s overall allocation to international stock funds is represented by a diversified mix of funds that employ both growth and value investment approaches.
Also, the fund may from time to time invest in a money market fund.