TMSL – T. Rowe Price Small-Mid Cap ETF – ETF Investment Strategy

Strategy

The investment seeks to provide long-term capital growth. The fund normally invests at least 80% of its net assets (including any borrowings for investment purposes) in assets issued by small- or mid-cap companies. The fund may at times invest significantly in certain sectors, such as the information technology sector.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
TMSL	T. Rowe Price Small-Mid Cap ETF	ETF	Open			Jun 14, 2023	$3.07B	0.550%	—	—	$1.86B

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T. Rowe Price Small-Mid Cap ETF TMSL Strategy

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