The fund seeks long-term capital appreciation and growth of income; with current income a secondary objective.
The fund diversifies its assets widely among a set of T. Rowe Price domestic and international equity mutual funds representing specific market segments and a money market fund. By maintaining broad exposure, the fund attempts to reduce the impact of markets that are declining and to benefit from good performance in particular market segments over time.
The fund could be an appropriate part of your overall investment strategy if you would like a one-stop approach to broad diversification and can accept the possibility of share price declines in an effort to achieve long-term capital appreciation and some current income. The fund can be used in both regular and tax-deferred accounts, such as IRAs.
Click on the risk/reward spectrum below to view the funds in that category
The fund offers a professionally managed allocation of assets among a broad range of underlying funds that invest in domestic and foreign stocks, small- and large-cap stocks, and growth and value stocks. Because it invests in a variety of underlying funds, the fund's performance could benefit from diversification.
The fund's share price can fall because of weakness in the broad market, a particular industry, or specific holdings. In addition, underlying funds that invest in smaller or foreign companies may experience greater price swings than those holding stocks of larger or U.S. companies.
* Funds are placed in general risk/return categories based on their 10-year standard deviation
(as of December 2015) or, for newer funds, the standard deviation of the types of securities
in which they invest. There is no assurance past trends will continue.
See Glossary for additional details on all data elements.
The mutual funds referred to in this website are offered and sold only to persons residing in the United States and are offered by prospectus only. The prospectuses include investment objectives, risks, fees, expenses, and other information that you should read and consider carefully before investing. Download a prospectus.