T. Rowe Price Exchange-Traded Funds, Inc. T. Rowe Price Capital Appreciation Equity ETF(AMEX:TCAF)

TCAF uses fundamental analysis to evaluate individual stocks based on characteristics such as an experienced and capable management, high potential for risk-adjusted returns, market position and a track record for attractive valuations. The fund typically holds a portfolio of 100 US companies, mostly in the large-cap space. However, the fund may also invest in securities of companies of any capitalization. The main objective of the fund is capital appreciation. In order to achieve this, both growth and value approaches are utilized for TCAFs stock selection process. The fund manager may buy, sell, hold and make decisions at their discretion.