I agree with everyone that T Rowe Price isn’t evil, their funds have done well, and the Capital Appreciation Fund in particular is excellent.
I would caution to be careful about comparisons. In fact Capital Appreciation should not be compared to Vanguard Lifestrategy Moderate. The reason is that the latter is diversified internationally, holding 40% in international stocks, while PRWCX barely touches foreign markets (it currently has a 3% allocation to foreign stocks). If you want to compare to a fully indexed holding, I’d compare it to Vanguard Balanced Fund instead, which is a 60/40 fund with all 60% of stocks invested in the U.S.
I would caution to be careful about comparisons. In fact Capital Appreciation should not be compared to Vanguard Lifestrategy Moderate. The reason is that the latter is diversified internationally, holding 40% in international stocks, while PRWCX barely touches foreign markets (it currently has a 3% allocation to foreign stocks). If you want to compare to a fully indexed holding, I’d compare it to Vanguard Balanced Fund instead, which is a 60/40 fund with all 60% of stocks invested in the U.S.
Statistics: Posted by theorist — Mon Aug 26, 2024 7:28 pm — Replies 15 — Views 594