T. ROWE PRICE ADDS TWO NEW INTERNATIONAL EQUITY ETFs TO ITS TRANSPARENT ACTIVE ETF OFFERINGS
T. Rowe Price (NASDAQ-GS: TROW) has launched two new active transparent equity ETFs: the T. Rowe Price Global Equity ETF (TGLB) and T. Rowe Price International Equity Research ETF (TIER). TGLB will focus on developed markets with 45-60 high-conviction investments, while TIER will hold 300-500 securities across developed and emerging markets excluding the US.
These additions bring T. Rowe Price's total active ETF offerings to 24 funds, including 18 equity and 6 fixed income ETFs. The funds aim to provide tax efficiency, competitive expense ratios, and intraday trading flexibility while leveraging T. Rowe Price's global research capabilities to outperform passive indexes.
T. Rowe Price (NASDAQ-GS: TROW) ha lanciato due nuovi ETF azionari attivi e trasparenti: il T. Rowe Price Global Equity ETF (TGLB) e il T. Rowe Price International Equity Research ETF (TIER). TGLB si concentrerà sui mercati sviluppati con 45-60 investimenti ad alta convinzione, mentre TIER comprenderà tra 300 e 500 titoli tra mercati sviluppati ed emergenti, esclusi gli Stati Uniti.
Queste novità portano il totale degli ETF attivi offerti da T. Rowe Price a 24 fondi, di cui 18 azionari e 6 a reddito fisso. Gli ETF puntano a garantire efficienza fiscale, costi competitivi e flessibilità di negoziazione intraday, sfruttando le capacità di ricerca globale di T. Rowe Price per superare gli indici passivi.
T. Rowe Price (NASDAQ-GS: TROW) ha lanzado dos nuevos ETFs activos y transparentes de renta variable: el T. Rowe Price Global Equity ETF (TGLB) y el T. Rowe Price International Equity Research ETF (TIER). TGLB se enfocará en mercados desarrollados con 45-60 inversiones de alta convicción, mientras que TIER incluirá entre 300 y 500 valores en mercados desarrollados y emergentes, excluyendo Estados Unidos.
Estas incorporaciones elevan la oferta total de ETFs activos de T. Rowe Price a 24 fondos, incluyendo 18 de renta variable y 6 de renta fija. Los fondos buscan ofrecer eficiencia fiscal, ratios de gastos competitivos y flexibilidad para operar durante el día, aprovechando las capacidades globales de investigación de T. Rowe Price para superar índices pasivos.
T. Rowe Price (NASDAQ-GS: TROW)가 두 개의 새로운 액티브 투명 주식 ETF를 출시했습니다: T. Rowe Price Global Equity ETF (TGLB)와 T. Rowe Price International Equity Research ETF (TIER). TGLB는 45-60개의 강력한 신념을 가진 투자로 선진 시장에 집중하며, TIER는 미국을 제외한 선진국과 신흥 시장의 300-500개 증권을 보유할 예정입니다.
이번 추가로 T. Rowe Price의 총 액티브 ETF 상품 수는 24개 펀드가 되었으며, 이 중 18개는 주식형, 6개는 채권형 ETF입니다. 이 펀드들은 세금 효율성, 경쟁력 있는 비용 비율, 그리고 장중 거래 유연성을 제공하며, T. Rowe Price의 글로벌 리서치 역량을 활용해 수동 인덱스를 능가하는 성과를 목표로 합니다.
T. Rowe Price (NASDAQ-GS : TROW) a lancé deux nouveaux ETF actions actifs et transparents : le T. Rowe Price Global Equity ETF (TGLB) et le T. Rowe Price International Equity Research ETF (TIER). TGLB se concentrera sur les marchés développés avec 45 à 60 investissements à forte conviction, tandis que TIER détiendra entre 300 et 500 titres sur les marchés développés et émergents, à l'exclusion des États-Unis.
Ces ajouts portent à 24 fonds le nombre total d’ETF actifs proposés par T. Rowe Price, comprenant 18 ETF actions et 6 ETF à revenu fixe. Ces fonds visent à offrir une efficacité fiscale, des ratios de frais compétitifs et une flexibilité de négociation intrajournalière, tout en tirant parti des capacités de recherche mondiale de T. Rowe Price pour surperformer les indices passifs.
T. Rowe Price (NASDAQ-GS: TROW) hat zwei neue aktive, transparente Aktien-ETFs aufgelegt: den T. Rowe Price Global Equity ETF (TGLB) und den T. Rowe Price International Equity Research ETF (TIER). TGLB konzentriert sich auf entwickelte Märkte mit 45-60 hochüberzeugten Investments, während TIER 300-500 Wertpapiere aus entwickelten und Schwellenländern ohne die USA hält.
Mit diesen Ergänzungen erhöht sich das Gesamtangebot an aktiven ETFs von T. Rowe Price auf 24 Fonds, darunter 18 Aktien- und 6 Renten-ETFs. Die Fonds zielen darauf ab, Steuereffizienz, wettbewerbsfähige Kostenquoten und Flexibilität beim Intraday-Handel zu bieten, während sie die globalen Research-Fähigkeiten von T. Rowe Price nutzen, um passive Indizes zu übertreffen.
- Expansion of ETF product line with two new international equity offerings
- Leverages T. Rowe Price's established global research capabilities
- Provides investors with additional portfolio diversification options
- Offers benefits of active management combined with ETF structure advantages
- None.
Insights
T. Rowe Price expands ETF lineup with two international equity funds, bringing total active ETFs to 24 while targeting distinct global investment approaches.
T. Rowe Price has strategically expanded its active ETF lineup with two new international equity offerings that began trading on NYSE Arca. The T. Rowe Price Global Equity ETF (TGLB) and International Equity Research ETF (TIER) bring the firm's total active ETF count to 24, following three sector ETFs launched earlier this month.
The two new funds employ distinctly different approaches to international investing. TGLB takes a concentrated strategy with just 45-60 high-conviction holdings aligned with the MSCI World Index's geographic exposures. It's managed by Peter Bates, who brings 21 years of investment experience at T. Rowe Price. In contrast, TIER offers broader diversification with 300-500 securities across developed and emerging markets outside the U.S., benchmarked to the MSCI All Country World ex USA Index. This fund utilizes a team approach with six managers who offer specialized regional expertise.
These launches represent T. Rowe Price's continued expansion in the active ETF space since their 2020 entry into this market segment. The firm now offers 18 equity and 6 fixed income active ETFs, with international equity offerings growing to three following the 2023 launch of their International Equity ETF (TOUS).
The new ETFs maintain the key structural advantages of the ETF wrapper—including tax efficiency, competitive expense ratios, and intraday trading flexibility—while incorporating T. Rowe Price's active management approach and global research capabilities. This expansion reflects the asset manager's strategic response to growing investor demand for actively managed international exposure in the increasingly popular ETF format.
The T. Rowe Price Global Equity ETF and International Equity Research ETF began trading today
Both new active ETFs represent distinct strategies seeking long-term capital appreciation.
T. Rowe Price Global Equity ETF (Ticker: TGLB) typically invests in securities of companies in global, developed markets and seeks to create a concentrated, sector-diversified portfolio of 45-60 high conviction investments. The fund expects to maintain geographic exposures similar to those of the MSCI World Index. TGLB is managed by Peter Bates, CFA®, who has 21 years of investment experience at T. Rowe Price and is portfolio manager of the Global Select Equity Strategy.
T. Rowe Price International Equity Research ETF (Ticker: TIER) uses fundamental research to construct a diversified portfolio that typically consists of 300-500 securities. It seeks to hold similar characteristics to the MSCI All Country World ex
- Sridhar Nishtala, director of equity research,
Asia Pacific - Jason Nogueira, head of global equity research
- Tetsuji Inoue, director of equity research,
Asia - Leigh Innes, portfolio manager, International and Global Structured Research strategies
- Kamran Baig, director of equity research, EMEA and
Latin America - Tobias Mueller, director of research,
Europe
Having launched T. Rowe Price International Equity ETF (TOUS) in 2023, TGLB and TIER bring T. Rowe Price's total international active ETF offerings to three. T. Rowe Price introduced its first active ETFs in 2020, and in total, the firm's active ETF roster includes 18 equity active ETFs and six fixed income active ETFs. The funds deliver key features associated with ETFs such as tax efficiency, competitive expense ratios, and the flexibility to buy and sell shares throughout the trading day. Designed to outperform passive indexes, each T. Rowe Price active ETF applies the longstanding investing capabilities of the firm's active managers, based on rigorous global research and the regular practice of asking better questions, as they strive to deliver better investment outcomes for clients.
QUOTE
Tim Coyne, Global Head of Exchange-Traded Funds
"With the addition of TIER and TGLB, we continue to grow our ETF book thoughtfully, this time delivering increased access to international investing options in the ETF wrapper. Leveraging the firm's sophisticated global equities research capabilities, these funds provide investors with the opportunity to diversify their portfolios while taking advantage of the benefits of T. Rowe Price active management and the ETF format."
ABOUT T. ROWE PRICE
T. Rowe Price (NASDAQ-GS: TROW) is a leading global asset management firm, entrusted with managing
Consider the investment objectives, risks, and charges and expenses carefully before investing. For a prospectus or, if available, a summary prospectus containing this and other information visit troweprice.com. Read it carefully.
ETFs are bought and sold at market prices, not net asset value (NAV). Investors generally incur the cost of the spread between the prices at which shares are bought and sold. Buying and selling shares may result in brokerage commissions which will reduce returns.
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SOURCE T. Rowe Price Group