@ T. Rowe Price

T. Rowe Price Connections

T. Rowe Price ConnectionsT. Rowe Price Connections is an exciting digital series that explores the companies, people, and innovations that are shaping the global economy and our ongoing investment decisions. Our analysts and portfolio managers gain knowledge every day about dynamic industries poised to have wide-ranging effects.

Learn what they have to say.

RECENT STORIES

  • EMERGING MARKETS: THE NEW WORLD OF LUXURY CONSUMPTION In Asia, South America, and around the world, T. Rowe Price examines the rise of affluence in emerging markets and its impact on how luxury goods are marketed.
  • GENOMICS Discusses how the field of genetics is already shaping the way we grow plants and treat diseases. And the latest technological advances suggest that this may only be the tip of the iceberg.
  • THE 3D PRINTING REVOLUTION Explores the many angles and ramifications of 3D printing, a technology that could change the way we buy, manufacture, and customize goods.

Other topics featured in T. Rowe Price Connections include: The African Renaissance; Robotics on the Rise; Lighting: Its Bright Future; and Coffee: Much More Than What's in Your Cup.

COLLEGE SAVINGS PLANS RECEIVE MORNINGSTAR'S
HIGHEST RATING

In Morningstar's 2012 annual review of 529 plans (10/15/12), the T. Rowe Price College Savings Plan, offered by the Education Trust of Alaska, and the Maryland College Investment Plan, offered by the College Savings Plans of Maryland, were two of only four plans to receive a "Gold" rating. For the plans rated "Gold," "Morningstar has the highest conviction in the plan's ability to serve college savers over the long term." The report also mentions T. Rowe Price's "top-notch investments" and that the plans have been industry leaders for several years running because they offer "high-quality active strategies at a reasonable price."

Plans were then assigned forward-looking ratings of "Gold," "Silver," "Bronze," "Neutral," and "Negative." Twenty-two of the industry's smallest plans were not rated.

Morningstar's ratings of the 64 largest U.S. 529 plans are based on five factors:

  • Strategy and investment process,
  • Risk-adjusted performance,
  • Manager skill,
  • Administrator's stewardship practices, and
  • Value compared with peers.

Please note that a 529 plan's disclosure document includes investment objectives, risks, fees, expenses, and other information that you should read and consider carefully before investing. You should compare these plans with any 529 college savings plan offered by your home state or your beneficiary's home state. Before investing, consider any state tax or other benefits that are only available for investments in the home state's plan.

OVER 75% OF T. Rowe Price FUNDS
OUTPERFORMED THEIR LIPPER AVERAGE.*

FOR EACH 3-, 5-, AND 10-YEAR PERIOD ENDED JUNE 30, 2013

Results vary for other periods. Past performance cannot guarantee future results.

* Based on cumulative total return, 114 of 183 (62%), 135 of 172 , 134 of 161, and 90 of 111 T. Rowe Price funds (including all share classes and excluding funds used in insurance products) outperformed their Lipper average for the 1-, 3-, 5-, and 10-year periods ended 6/30/13, respectively. Not all funds outperformed for all periods. (Source for data: Lipper Inc.)

THE T. Rowe Price RETIREMENT DATE FUNDS SERIES

Most investors aspire to retire comfortably with sufficient income to last throughout their retirement. The T. Rowe Price Retirement Date Funds are a convenient way to pursue this goal with a fund that is designed to be carried to and through retirement. This series of funds, which includes our flagship Retirement Funds and the new Target Retirement Funds, offers a range of options that allows you to select the specific fund that best corresponds with your age.

The key difference between the Retirement Funds and the new Target Retirement Funds is in the way they balance long-term growth potential and volatility.

  • Retirement Funds: Our flagship retirement date series offers higher potential growth and may be subject to more volatility by maintaining an emphasis on stocks before and after the target retirement date.
  • Target Retirement Funds: Our newest retirement date fund series is designed for investors who want to moderate volatility as they near retirement. These funds offer lower volatility and lower growth potential by emphasizing bonds before and after their target retirement date.

Each fund series represents a distinct retirement investing approach that is supported by the expertise and proven track record of T. Rowe Price.

The principal value of the Retirement Funds and Target Retirement Funds (collectively the "target date funds") is not guaranteed at any time, including at or after the target date, which is the approximate year an investor plans to retire (assumed to be age 65) and likely stop making new investments in the fund. If an investor plans to retire significantly earlier or later than age 65, the funds may not be an appropriate investment even if the investor is retiring on or near the target date. The target date funds' allocations among a broad range of underlying T. Rowe Price stock and bond funds will change over time. The Retirement Funds emphasize potential capital appreciation during the early phases of retirement asset accumulation, balance the need for appreciation with the need for income as retirement approaches, and focus on supporting an income stream over a long-term retirement withdrawal horizon. The Target Retirement Funds emphasize asset accumulation prior to retirement, balance the need for reduced market risk and income as retirement approaches, and focus on supporting an income stream over a moderate post-retirement withdrawal horizon. The target date funds are not designed for a lump sum redemption at the target date and do not guarantee a particular level of income. The key difference between the Retirement Funds and the Target Retirement Funds is the overall allocation to equity; although they each maintain significant allocations to equities both prior to and after the target date, the Retirement Funds maintain a higher equity allocation, which can result in greater volatility over shorter time horizons.

1 An early start to saving may help you afford future college costs.
2 Stuart Ritter, CFP®, a senior financial planner with T. Rowe Price, explains that the amount you save toward retirement can have a dramatic impact on your retirement.
3 Don Peters, portfolio manager of the
T. Rowe Price Tax-Efficient Equity
Fund, discusses his strategies to minimize capital gains and maximize after-tax returns.
4 A Diversified Blend of Growth and Value.
5 Depending on the plan you choose, you and your employees can enjoy tax-advantaged savings, plus a broad range of investment choices.
6 Saving for college can help you meet the costs of higher education. And don’t overlook the important contribution grandparents can make.
7 T. Rowe Price FuturePathSM helps you see the impact of key decisions as you approach retirement.
8College Savings Plan receives Morningstar's highest rating; T. Rowe Price outperforms; Connections explores big trends.
9Powerful and innovative technology is set to become a bigger part of our lives—including robotics, genomic advances, and seamless device connectivity.
10The new tax laws exempt millions of middle-class taxpayers from the AMT. What steps can help you manage and minimize your exposure to the tax?
11How the fundamental benefits of creating an estate plan far outweigh the challenges of setting one up.
11A clear understanding of your portfolio's exposure to risk may allow you to maintain an appropriate long-term strategy.
11Compounding can generate wealth.