Investment objective & strategy
As of Feb. 25, 2026 · prospectusObjective. The fund seeks long-term growth of capital.
Strategy. The fund normally invests at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities. Any derivatives that provide exposure to the investment focus suggested by the funds name, or to one or more market risk factors associated with the investment focus suggested by the funds name, are counted (as applicable) toward compliance with the funds 80% investment policy. The fund typically invests in at least five countries, including the U.S., and the amount of the funds assets invested outside the U.S. will vary depending on the advisers outlook for market conditions and opportunities overseas versus those in the U.S. However, the fund typically invests at least 25% of its net assets in securities of … The fund normally invests at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities. Any derivatives that provide exposure to the investment focus suggested by the funds name, or to one or more market risk factors associated with the investment focus suggested by the funds name, are counted (as applicable) toward compliance with the funds 80% investment policy. The fund typically invests in at least five countries, including the U.S., and the amount of the funds assets invested outside the U.S. will vary depending on the advisers outlook for market conditions and opportunities overseas versus those in the U.S. However, the fund typically invests at least 25% of its net assets in securities of foreign issuers. The fund relies on MSCI Inc., a third-party provider of benchmark indexes and data services, or another unaffiliated data provider to determine the country assigned to a security. The fund invests predominantly in common stocks and may invest in companies of any market capitalization, but generally focuses on large- and mid-cap companies. The fund seeks investments in companies around the world that are expected by T. Rowe Price to be mispriced by the markets based on certain quantitative metrics. The funds integrated approach to investing combines fundamental analysis and quantitative models to identify stocks that could be included in the portfolio. Stocks are selected based on a variety of metrics such as a companys valuation, profitability, stability, earnings quality, management capital allocation actions, and indicators of near-term appreciation potential. At times, the fund may have a significant portion of its assets invested in the same economic sector, such as the information technology sector.
Top holdings
As of March 31, 2026 · N-PORT| Security | Ticker | Value | % of fund |
|---|---|---|---|
| NVIDIA CORP | — | $6.69M | 4.58% |
| APPLE INC | — | $5.90M | 4.04% |
| ALPHABET INC CL A | — | $5.47M | 3.75% |
| MICROSOFT CORP | — | $4.71M | 3.23% |
| AMAZON.COM INC | — | $2.87M | 1.97% |
| TSMC | — | $2.49M | 1.70% |
| BROADCOM INC | — | $2.01M | 1.38% |
| META PLATFORMS INC CL A | — | $1.88M | 1.29% |
| MASTERCARD INC CL A | — | $1.23M | 0.85% |
| BANK OF AMERICA CORPORATION | — | $1.21M | 0.83% |
Portfolio moves
Dec 31, 2025 → Mar 31, 2026How many positions this fund opened, exited, grew, trimmed, or left unchanged between its two most recent N-PORT snapshots — net changes between point-in-time reports, not a trade log.
Similar funds
Funds whose portfolios most overlap this one, by weight| Fund | Overlap | Net exp. |
|---|---|---|
| iShares MSCI ACWI ETF · ACWI | 46% | 0.32% |
| JNL/Mellon World Index Fund | 44% | 0.30% |
| iShares MSCI World ETF · URTH | 44% | 0.24% |
Advisers
| Firm | Role |
|---|---|
| T. Rowe Price Associates, Inc. | Adviser |
Footnotes
- Expense ratio as of February 25, 2026, from the fund's prospectus.
- Net assets and holdings count as of March 31, 2026, from the fund's N-PORT filing.
- Total return for calendar year 2025, before tax and after fund expenses. Computed by compounding the twelve monthly total returns the fund reported in its SEC N-PORT filings for 2025 (the latest prospectus does not yet chart this year).
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