T. Rowe Price has launched a new mutual fund product, comprised of eight sub-funds, which will be available in Germany.
The fund, known as a SICAV, will be based in Luxembourg. It will be comprised of five equity funds: U.S. Blue Chip Equity, U.S. Large Cap Value Equity, U.S. Smaller Companies Equity, Global Emerging Markets Equity and Global Clean Future Equity. The product will also include three fixed-income funds: Global Aggregate Bond, Global High Yield Bond and European Corporate Bond.