Finances & Insurance / Investment Products / T.Rowe Price Growth stock fund

This is another great fund from the dynamic T.Rowe Price mutual fund family in Baltimore Maryland. Managed by Robert Bartolo C.P.A., C.F.A. I must also point out that this is also on the list of top 25 mutual funds from the Kiplinger financial magazine. Of course this is also another no load fund sure to make many a financial adviser at the banks weep as they prefer to sell their clients the load funds which quite often have a 5-6% load or commission attached to them. I have never been a big fan of being down 5-6% on an investment from square one. This particular funds inception date took place in 1950 so it has been around for quite a while. It is a domestic stock fund rated 5 stars by Morningstar investment advisory.Expense ratio is 0.70 %. As of 11/1/07 its year to date return is 12.65%. One year comes in at about 20%, 3 years at 15.30%, 5 years at 14.98% and 10 years at 8.88%. Since its inception its averaged 11.30% per year. The focus of this fund is long term capital growth with increasing dividend income as the secondary goal. As is the case with most mutual funds a long term approach is what works the best. Account minimums are 2,500.00 for regular accounts and 1,000.00 for I.R.A.s. Once again another really terrific mutual fund option from the folks at T.Rowe Price.

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  • More personal experience would have been good to include, but even so, you've distilled a lot of basic information in an easy to read format. Thanks!

    Sharkbytes on April 09, 2008 14:45

  • Thanks for the info on this one! Sounds like a good fund.

    Rae777 on April 21, 2008 14:10
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JOEY

JOEY


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Overall Rating:

4.7
Provider:
T.ROWE PRICE Type / Name:
GROWTH STOCK FUND It was a gift Category: Finances & Insurance / Investment Products Published: November 01, 2007 20:39
Feature Ratings:
Product Range
5.0
Quality of Advice
5.0
Customer Service
5.0
Commissions
5.0
Expense ratio
4.8