T. Rowe Price Real Assets Fund, Inc. (PRAFX) NASDAQ
Currency In USD
- General
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- Financials
Currency In USD
Address
The Gate, Level 15, Office 24Dubai,Dubai XXXXXXUnited Arab Emirates
, MD
United States of America (the)
Phone
97 14 401 9266
Website
Sector
Financial Services
Industry
Asset Management
Employees
N/A
First IPO Date
July 29, 2010
This fund dedicates a significant portion—a minimum of 80%—of its net assets (which includes any capital acquired through borrowing) to investments directly in "real assets." This allocation also extends to companies that derive at least half (50%) of their profits or revenues from, or allocate at least 50% of their assets to, real assets and related business activities. The fund employs a broad definition for "real assets," essentially considering them to be any assets with tangible physical properties. Furthermore, the fund's investment scope is global, allowing it to invest in companies situated across the world, without any restrictions on its exposure to international securities or issuers in emerging markets.