Omnis US Equity Leaders Fund

Investment Objective

The fund aims to achieve a return consisting of both income and capital growth, which, after all fees and expenses, exceeds that of the Russell 1000 TR Index over a five-year period.

The T. Rowe Price investment process spans both market cap and investment style. The strategy seeks to deliver strong returns in a variety of market conditions. The approach provides the flexibility to capitalize on a wide range of opportunities presented by the market and the nimbleness to adjust to changing market conditions in the pursuit of strong performance.

An experienced pool of research analysts is integral to the idea generation process. The analysts are industry specialists, focused on evaluating companies within a particular sector, and possess deep knowledge of the individual businesses they cover. Analysts promote their highest conviction investment recommendations to the strategy’s portfolio manager, Justin White, who stress tests analysts’ ideas and assumptions and overlays his own disciplined investment framework.

The framework focuses on evaluating the quality, market expectations, trajectory of fundamentals, and company valuation to guide individual buy and sell decisions. Stocks with the most favourable assessment on each of these four considerations are added to the portfolio, typically comprised of 50 – 75 positions. The strategy seeks to minimize any factor or stylistic bets within the portfolio and attempts to drive strong long-term performance from underlying stock selection.

The fund is actively managed, and the manager has full discretion when choosing assets to invest in (in-line with the fund’s investment objectives).

Key Fund Facts

Strong track record

A well-established, record of managing US equities backed by a highly experienced team of investment professionals (fund manager Jeff Rottinghaus has 16 years of experience).

Research capability

Rigorous analysis drives the firm’s active investment approach.

Scale

T. Rowe Price manages more than £920 billion in asset under management as of 30th June 2019.


Investment Policy

The fund intends to invest at least 80% in the equity securities of US companies defined as those which are domiciled, incorporated or have a significant exposure to the US. Exposure to established larger companies will be greater than 50% of the fund. Large companies are defined as those with a market cap of $10 billion or more at the time of the fund’s investment. Companies whose capitalisation no longer meets this definition after investment will continue to be considered large capitalisation companies.

The fund may also invest in other transferable securities (for example, equity securities of other international companies), units in collective investment schemes (including schemes managed and operated by the ACD or its associates), money market instruments, warrants, cash, near cash and deposits as detailed in the Prospectus.

It is envisaged that the investment portfolio of the fund will be concentrated, typically comprising between 40 and 75 holdings.

Derivatives may be used for the purposes of hedging and efficient portfolio management.