PRNEX – T. Rowe Price New Era Investment Strategy | Morningstar

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Strategy

The investment seeks to provide long-term capital growth. The fund will normally invest a minimum of two-thirds of its assets in the common stocks of natural resource companies. The earnings and tangible assets of natural resources companies may benefit from periods of accelerating inflation. It also invests in other growth companies that the adviser believes have strong potential for earnings growth but do not own or develop natural resources.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
PRNEX	T. Rowe Price New Era Fund	No Load	Open			Jan 20, 1969	$1.03B	0.790%	Below Average	$2,500	−$106.81M
TRNEX	T. Rowe Price New Era Fund I Class	Institutional	Open			Dec 17, 2015	$1.60B	0.570%	Low	$500,000	−$200.87M

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