T. Rowe Price Launches Two Active Core Equity ETFs with Fee Waiver
T. Rowe Price Group, Inc. TROW | 89.87 89.87 | -0.30% 0.00% Pre |
T. Rowe Price Group Inc. has expanded its investment offerings with the launch of two new active equity exchange-traded funds (ETFs): the T. Rowe Price Active Core U.S. Equity ETF (TACU) and the T. Rowe Price Active Core International Equity ETF (TACN). These new funds blend the benefits of active management with features typically associated with passive investing, such as low fees and low tracking error. Both ETFs are actively managed by a team of experienced portfolio managers and will have their fees fully waived for the first 13 months, highlighting the firm's commitment to delivering value to investors. With this launch, T. Rowe Price's active ETF lineup grows to 30 funds.
