How do you successfully take over and run a legendary fund with a 60-year track record of excellence? We are about to find out this week in a rare interview with a fund manager who is doing just that.
The fund is the T. Rowe Price New Horizons Fund. The small-cap growth fund has 34 billion dollars in assets and carries a Five-Star, Silver Analyst rating from Morningstar.
Prior to taking over the fund, Spencer established his own record of excellence with the T. Rowe Price Global Technology Fund which he ran from 2012 until early in 2019. During his tenure the fund delivered nearly 22% annualized returns, far outdistancing its benchmark and peer group.
What does New Horizons’ legacy mean to Spencer? How is he changing it? We’ll find out.
WEALTHTRACK Episode #1713; Originally Broadcast on September 25, 2020
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JOSHUA SPENCER
- Lead Portfolio Manager,
- T. Rowe Price New Horizons Fund
LOOK FOR CULTURAL CONTINUITY IN THE FUNDS YOU INVEST IN
No Bookshelf titles this week.
UNIQUE LIFE SCIENCES SOFTWARE
Veeva Systems Inc (VEEV)
This is the first appearance of Joshus Spencer on WEALTHTRACK
POWERFUL PSYCHOLOGY
Joshua Spencer has an outstanding track record at T. Rowe Price, first at the helm of its Global Technology Fund and more recently as the lead portfolio manager of its legendary New Horizons Fund. He tells us his psychology studies in college have helped him be a better investor.
