Item 12(a)(2).
CERTIFICATIONS |
I, Edward C. Bernard, certify that: | |||
1. | I have reviewed this report on Form N-CSR of T. Rowe Price Spectrum Funds; | ||
2. | Based on my knowledge, this report does not contain any untrue statement of a material fact or omit | ||
to state a material fact necessary to make the statements made, in light of the circumstances under | |||
which such statements were made, not misleading with respect to the period covered by this report; | |||
3. | Based on my knowledge, the financial statements, and other financial information included in this | ||
report, fairly present in all material respects the financial condition, results of operations, changes in | |||
net assets, and cash flows (if the financial statements are required to include a statement of cash | |||
flows) of the registrant as of, and for, the periods presented in this report; | |||
4. | The registrant's other certifying officer(s) and I are responsible for establishing and maintaining | ||
disclosure controls and procedures (as defined in rule 30a-3(c) under the Investment Company Act | |||
of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the | |||
Investment Company Act of 1940) for the registrant and have: | |||
(a) | Designed such disclosure controls and procedures, or caused such disclosure controls and | ||
procedures to be designed under our supervision, to ensure that material information relating to | |||
the registrant, including its consolidated subsidiaries, is made known to us by others within those | |||
entities, particularly during the period in which this report is being prepared; | |||
(b) | Designed such internal control over financial reporting, or caused such internal control over | ||
financial reporting to be designed under our supervision, to provide reasonable assurance | |||
regarding the reliability of financial reporting and the preparation of financial statements for | |||
external purposes in accordance with generally accepted accounting principles; | |||
(c) | Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in | ||
this report our conclusions about the effectiveness of the disclosure controls and procedures, as of | |||
a date within 90 days prior to the filing date of this report based on such evaluation; and | |||
(d) | Disclosed in this report any change in the registrant’s internal control over financial reporting that | ||
occurred during the second fiscal quarter of the period covered by this report that has materially | |||
affected, or is reasonably likely to materially affect, the registrant’s internal control over financial | |||
reporting; and | |||
5. | The registrant's other certifying officer(s) and I have disclosed to the registrant's auditors and the | ||
audit committee of the registrant's board of directors (or persons performing the equivalent | |||
functions): | |||
(a) | All significant deficiencies and material weaknesses in the design or operation of internal control | ||
over financial reporting which are reasonably likely to adversely affect the registrant's ability to | |||
record, process, summarize, and report financial information; and | |||
(b) | Any fraud, whether or not material, that involves management or other employees who have a | ||
significant role in the registrant's internal control over financial reporting. |
Date: | August 20, 2008 | /s/ Edward C. Bernard |
Edward C. Bernard | ||
Principal Executive Officer |
CERTIFICATIONS |
I, Gregory K. Hinkle, certify that: | |||
1. | I have reviewed this report on Form N-CSR of T. Rowe Price Spectrum Funds; | ||
2. | Based on my knowledge, this report does not contain any untrue statement of a material fact or omit | ||
to state a material fact necessary to make the statements made, in light of the circumstances under | |||
which such statements were made, not misleading with respect to the period covered by this report; | |||
3. | Based on my knowledge, the financial statements, and other financial information included in this | ||
report, fairly present in all material respects the financial condition, results of operations, changes in | |||
net assets, and cash flows (if the financial statements are required to include a statement of cash | |||
flows) of the registrant as of, and for, the periods presented in this report; | |||
4. | The registrant's other certifying officer(s) and I are responsible for establishing and maintaining | ||
disclosure controls and procedures (as defined in rule 30a-3(c) under the Investment Company Act | |||
of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the | |||
Investment Company Act of 1940) for the registrant and have: | |||
(a) | Designed such disclosure controls and procedures, or caused such disclosure controls and | ||
procedures to be designed under our supervision, to ensure that material information relating to | |||
the registrant, including its consolidated subsidiaries, is made known to us by others within those | |||
entities, particularly during the period in which this report is being prepared; | |||
(b) | Designed such internal control over financial reporting, or caused such internal control over | ||
financial reporting to be designed under our supervision, to provide reasonable assurance | |||
regarding the reliability of financial reporting and the preparation of financial statements for | |||
external purposes in accordance with generally accepted accounting principles; | |||
(c) | Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in | ||
this report our conclusions about the effectiveness of the disclosure controls and procedures, as of | |||
a date within 90 days prior to the filing date of this report based on such evaluation; and | |||
(d) | Disclosed in this report any change in the registrant’s internal control over financial reporting that | ||
occurred during the second fiscal quarter of the period covered by this report that has materially | |||
affected, or is reasonably likely to materially affect, the registrant’s internal control over financial | |||
reporting; and | |||
5. | The registrant's other certifying officer(s) and I have disclosed to the registrant's auditors and the | ||
audit committee of the registrant's board of directors (or persons performing the equivalent | |||
functions): | |||
(a) | All significant deficiencies and material weaknesses in the design or operation of internal control | ||
over financial reporting which are reasonably likely to adversely affect the registrant's ability to | |||
record, process, summarize, and report financial information; and | |||
(b) | Any fraud, whether or not material, that involves management or other employees who have a | ||
significant role in the registrant's internal control over financial reporting. |
Date: | August 20, 2008 | /s/ Gregory K. Hinkle |
Gregory K. Hinkle | ||
Principal Financial Officer |