T. Rowe Price Hedged Equity Fund Z (PZHEX)

Overview

The fund is focused on investing primarily in equity securities, including derivatives that are economically similar to equity securities or equity markets. It commits at least 80% of its net assets, plus any borrowing for investment purposes, towards these investments. While the fund has the flexibility to invest in companies of any size and in any type of equity security, it predominantly targets common stocks of large-cap U.S. companies. Despite its wide investment latitude, the fund is classified as non-diversified, which indicates a more concentrated approach to investment selection compared to diversified funds.

Products and Services

• Equity Securities Investment

  The fund invests primarily in equity securities, focusing on common stocks of large-cap U.S. companies. This includes investing in a range of companies regardless of their size, allowing the fund to tap into the potential of both established and emerging entities.

• Derivatives

  Derivatives that mirror the economic characteristics of equity securities or equity markets are also a significant part of the fund's investment strategy. This allows the fund to potentially enhance returns or manage risk more effectively through these financial instruments.

• Non-diversified Portfolio

  Despite its ability to invest across various sectors and company sizes, the fund operates as a non-diversified entity. This strategy focuses on a narrower range of investments, which could lead to higher gains but also poses a higher risk compared to a diversified fund.