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T. Rowe Price adds retirement I share class

T. Rowe Price's new series of 13 Retirement I Funds follow the same strategies as the firms Retirement Funds series. Here's what you need to know.

By Marlene Y. Satter | Updated on October 06, 2015
Photo: AP

T. Rowe Price has launched a new series of target-date funds for retirement plans and other institutional investors with lower shareholder servicing costs.

The new series of 13 Retirement I Funds follow the same strategies as the firm’s Retirement Funds series, with glide paths, underlying funds and targeted asset allocation all the same, but have lower shareholder servicing costs.

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