T. Rowe Price Real Assets Fund |
PRAFX
Fund Status:
Open to new Retail investors
/
Open to subsequent Retail investments
Fund Objective
Quick Stats
| Fiscal Year End | December |
| Morningstar Category | World Stock |
| Inception Date | 07/28/2010 |
| Tax ID | 27-2494763 |
Investment Objective
The fund seeks
long-term growth of capital.
Strategy
The fund will normally invest at least 80% of its net assets
(including any borrowings for investment purposes) in "real assets" and
securities of companies that derive at least 50% of their profits or revenues
from, or commit at least 50% of assets to real assets and activities related
to, real assets. Real assets are defined broadly by the fund and are considered
to include any assets that have physical properties, such as energy and natural
resources, real estate, basic materials, equipment, utilities and
infrastructure, and commodities.
The fund will invest in companies located throughout the world, and there is no limit on the fund's investments in foreign securities or emerging markets.
The fund will invest in companies located throughout the world, and there is no limit on the fund's investments in foreign securities or emerging markets.
The fund is designed for more
aggressive investors with a long-term horizon who want significant exposure
to real assets and can withstand inevitable setbacks in an effort to achieve
potential long-term growth. Appropriate for both taxable and tax-deferred
accounts, such as IRAs.
Click on the risk/reward spectrum below to view the funds in that category
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The fund offers a professionally managed
allocation of assets, most of which will typically be invested in common stocks.
The fund's goal is to hold a portfolio of securities and other investments
that, over time, should provide some protection against the impact of
inflation.
Because the fund focuses its investments in certain industries that involve activities related to energy, natural resources, real estate, commodities, infrastructure, and other real assets, the fund is more susceptible to adverse developments affecting one or more of these industries than a more broadly diversified fund would be and may perform poorly during a downturn in any of those industries.
Since the fund can invest a sizable portion of its assets in foreign securities, it will be subject to the risk that some holdings may lose value because of declining foreign currencies, adverse political or economic developments overseas, illiquid trading markets, governmental interference, or regulatory practices that differ from the U.S. These risks are heightened for the fund's investments in emerging markets.
Because the fund focuses its investments in certain industries that involve activities related to energy, natural resources, real estate, commodities, infrastructure, and other real assets, the fund is more susceptible to adverse developments affecting one or more of these industries than a more broadly diversified fund would be and may perform poorly during a downturn in any of those industries.
Since the fund can invest a sizable portion of its assets in foreign securities, it will be subject to the risk that some holdings may lose value because of declining foreign currencies, adverse political or economic developments overseas, illiquid trading markets, governmental interference, or regulatory practices that differ from the U.S. These risks are heightened for the fund's investments in emerging markets.
*Funds are placed in general risk/return categories based on their past performance or, for newer funds, the performance of the types of securities in which they invest. There is no assurance past trends will continue.
See Glossary for additional details on all data elements.
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