T. Rowe Price New America Growth will become T. Rowe Price All-Cap Opportunities and change its benchmark from the Russell 1000 Growth Index to the Russell 3000 Index on March 1, 2021. Its general approach and manager will remain the same, so it retains its Above Average Process and People ratings and Morningstar Analyst Rating of Silver.
Will PAWAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PAWAX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the PAWAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of PAWAX’s parent organization’s priorities and whether they’re in line with investors’ interests.