T. Rowe Price Associates of Baltimore may be about to make an old growth fund do new tricks.

The T. Rowe Price New America Growth Fund is asking shareholders to approve a change in its investment objective which will permit the fund to invest primarily in technology companies and other sectors that fund managers believe are most likely to grow, according to a preliminary proxy statement filed with the SEC Feb. 8. New America Growth now must invest primarily in growth companies in the service sector.

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