T. Rowe Price Group, Inc. (TRP) has been added to SEI Canada’s U.S. High Yield Bond Fund (the Fund). We like the firm’s experienced investment team and approach, which emphasizes fundamental credit research and opportunistically accessing smaller, under-researched credit issuers. TRP's smaller team and asset size allows for efficient decision making, a higher degree of flexibility as it relates to credit quality and industry positioning and a relatively concentrated best-ideas portfolio.

Addition of T. Rowe Price

What They Do

TRP takes a disciplined, active approach based on bottom-up fundamental analysis, careful stock selection, risk awareness, a well-resourced global research platform and teamwork. The team’s investment decisions are backed by a powerful buy-side research platform. Its global search for competitive performance attempts to carefully balance both risk and reward.

How They Do It

TRP focuses on fundamental, bottom-up security selection based on relative-value assessments within and across industries. A high-intensity selection process, combined with concentrated, conviction-weighted positions, allows the portfolio to optimize relative value.

About TRP

Founded in 1937 and headquartered in Baltimore, Maryland, TRP is an investment management firm with offices in sixteen countries. As of January 31, 2018, the firm had US$1.05 trillion in assets under management.

 

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