T. Rowe Price Enters European ETF Market With First-Year Fee Holiday

T. Rowe Price has launched its first European-listed active ETFs, both offering zero total expense ratios for the first year. The Integrated Global Equity UCITS ETF (TIGP) seeks long-term benchmark outperformance through stock selection across developed and emerging markets. The Integrated US Equity Enhanced Index UCITS ETF (TUSP) primarily targets U.S. large caps, seeking incremental outperformance while retaining broad market characteristics and lower active risk than traditional active equity strategies. Both combine fundamental research with quantitative analysis of valuation, quality, durable growth, momentum and capital deployment, and are classified as Article 8 under SFDR. The Irish-domiciled funds debut on Deutsche Börse/Xetra today, October 8, with London Stock Exchange listings scheduled for October 15 and Borsa Italiana listings for October 22, extending the firm’s established U.S. ETF business into Europe.