The Global Technology Equity SMA seeks long-term capital appreciation through investments in companies around the world expected to benefit from technological progress.

• We believe that companies benefiting from rapid advances in technology offer significant opportunities for long-term growth, which is often reflected in rapidly rising stock prices.
• Invest primarily in companies we expect to generate a majority of revenue from the development, advancement, and use of technology.
• Focus on the common stocks of what we consider to be leading technology companies aroundthe world.
• Holdings can range from small, unseasoned companies developing new technologies to blue chip firms with established track records of developing and marketing technology

T. Rowe Price uses the current MSCI/S&P Global Industry Classification Standard (GICS) for sector and industry reporting. 

Numbers may not total due to rounding; all numbers are percentages.

Please note that holdings are released 15 days after the period end. From time to time, certain securities held may not be listed. This is done to prevent potential harm to the portfolio while the manager completes a buying or selling program in those securities. 

The specific securities identified and described do not represent all of the securities purchased, sold, or recommended for advisory clients, and no assumptions should be made that investments in the securities identified and discussed were or will be profitable. 

Prior to May 31, 2024, the information shown does not reflect any ETFs that the portfolio may have held.

We would be pleased to discuss our solutions, products, and capabilities with you. Call 1-877-561-7670 to learn more about SMAs and model portfolios, and more specifically, about which T. Rowe Price SMAs may be suitable for your clients.