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T. Rowe Price Financial Services Fund (PRISX)

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42.96 -0.34    -0.79%
27/12 - Closed. Currency in USD
  • Morningstar Rating:
  • Total Assets: 1.06B
Type:  Fund
Market:  United States
Issuer:  T. Rowe Price
Asset Class:  Equity
T. Rowe Price Financial Services 42.96 -0.34 -0.79%

PRISX Overview

 
On this page you'll find an in-depth profile of T. Rowe Price Financial Services Fund. Learn about the key management, total assets, investment strategy and contact information of PRISX among other information.
Category

Financial

Total Assets

1.06B

Expenses

0.83%

Inception Date

35338

Investment Strategy

The investment seeks long-term growth of capital and a modest level of income. The fund normally invests at least 80% of its net assets (including any borrowings for investment purposes) in the common stocks of companies in the financial services industry. In addition, it may invest in companies, such as providers of financial software, that derive substantial revenues (at least 50%) from conducting business in the financial services industry. Security selection is based on fundamental, bottom-up analysis that seeks to identify high quality companies with good appreciation prospects.

Contact Information

Address The Gate, Level 15, Office 24
Dubai,Dubai XXXXXX
United Arab Emirates
Phone 97 14 401 9266

Top Executives

Name Title Since Until
Gregory Locraft Vice President 2024 Now
Biography Locraft is vice president of MFS and has been employed in the investment management area of MFS since 1998 as an investment manager.
Matt J. Snowling Portfolio Manager 2021 Now
Biography Mr. Snowling was appointed co-chair of the committee in July 2021 and has been sole chair since October 2021. He joined the Firm in 2011, and his investment experience dates from 2000. He has served as an investment analyst following financial services companies throughout the past five years.
Gabriel Solomon Portfolio Manager 2014 2021
Biography Mr. Solomon is a vice president at T. Rowe Price. He joined the Firm in 2004. During the past five years, he has served as an equity research analyst and a portfolio manager (beginning in 2014). Formerly he worked as a equity analyst intern at Wellington Management Company, LLP (to 2003) and as consultant at Sibson Management Consulting (to 2002).
Eric L. Veiel Chairman 2010 2014
Biography Eric Veiel is a vice president of T. Rowe Price Group, Inc., T. Rowe Price Associates, Inc., and T. Rowe Price International Funds. He is a director of equity research for North America, chair of the Equity Research Advisory Committee, and a member of the Equity Steering Committee. In addition, Eric is portfolio manager of the Capital Opportunity Fund and is a member of the portfolio oversight team. He was previously portfolio manager of the Financial Services Fund. Prior to joining the firm in 2005, Eric was employed by Wachovia Securities as a senior equity analyst covering health insurers and pharmacy benefit managers. He earned a B.B.A., magna cum laude, in finance from James Madison University. Eric also holds an M.B.A., with concentrations in finance and accounting, from the Washington University, John M. Olin School of Business, in St. Louis, where he was a Charles F. Knight Scholar. He also has earned the Chartered Financial Analyst designation.
Jeffrey W. Arricale Deputy Director 2007 2010
Biography Jeffrey Arricale, Deputy Director and Global Equity Research, joined Lord, Abbett & Co. LLC in 2012. Arricale is a vice president of T. Rowe Price Group, Inc., and T. Rowe Price Associates, Inc., and a portfolio manager and research analyst in the Equity Division following life assurance, asset managers, and investment banks under the financial services industry. Jeff joined the firm in January 2001 after serving as a summer intern at T. Rowe Price in 2000, covering technology companies. Prior to this, Jeff was a manager in the auditing division of KPMG LLP.
Michael W. Holton Chairman 2002 2007
Biography Holton was elected chairman of Investment Advisory Committee at T. Rowe Price in 2002. He joined T. Rowe Price in 1995 as a research analyst.
Anna M. Dopkin Chairman 2000 2002
Biography Ms. Dopkin is a Vice President of T. Rowe Price, the director of Equity Research-North America, and a member of the Equity Steering Committee. Ms. Dopkin is the lead portfolio manager on the Structured Research Strategy team, and chairman of the Capital Opportunity Fund's Investment Advisory Committee. Previously, she managed the Financial Services Fund as well as the Growth & Income Fund. Prior to joining T. Rowe Price as an Equity Research Analyst in 1996, Ms. Dopkin worked at Goldman Sachs for 7 years in the Mortgage Securities Department in New York and London.
Larry J. Puglia Chairman 1997 2000
Biography Larry J. Puglia is a portfolio manager in the U.S. Equity Division and is lead manager for T.Rowe Price's US Large-Cap Core Growth Equity Strategy. He joined T.Rowe Price Associates in 1990 and his investment experience dates from 1989.
Daniel Theriault Senior Portfolio Manager 1996 1997
Biography Daniel M. Theriault has been a senior portfolio manager & securities analyst with John A. Levin & Co. since 1997. He was previously with T. Rowe Price Financial Services and has 15 years of investment experience. Mr. Theriault earned a B.S. from Boston College in 1981. He is a Chartered Financial Analyst.
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