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.
* Annually we evaluate the standard deviation of each US mutual fund listed and its resulting placement within specific risk/return categories.
Methodology: If a fund is at least 5 year old, it is generally placed in risk/return categories based on the standard deviation of its performance for the longest period of its calendar year returns;
the longest time period used for analysis is 10 years (regardless of the fund's inception). If a fund is less than 5 years old, we generally use the fund's primary benchmark disclosed in its prospectus as a proxy and follow the same process of using 10-year standard deviation of the benchmark,
or longest time period available. The firm at its sole discretion may show a fund in a higher risk category based on qualitative or other factors that may differ from this methodology.
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.