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T. Rowe Price Launches Innovation-Focused ETF
['Nick Peters-Golden']
ETF Trends
T. Rowe Price has added yet another fund to its growing suite of active ETFs.
The firm launched its new innovation-focused ETF, TNXT, on the NASDAQ exchange today.
TNXT, the T. Rowe Price Innovation Leaders ETF, brings the firm’s suite to a total of 31 active ETFs, with 21 in equities and 10 in fixed income.
T. Rowe Priced Hedged Equity ETF (THEQ) manager Sean McWilliams and T. Rowe Price Head of Global Investment Solutions Som Priestly will co-manage the fund.
“The Innovation Leaders ETF provides investors with access to some of the most disruptive companies shaping the future across technology, healthcare, financials, and more,” said T. Rowe Price Global Head of ETFs Tim Coyne.