TURF
T. Rowe Price Natural Resource ETF
📎 Investment Objective
The T. Rowe Price Natural Resource ETF seeks to provide long-term capital appreciation by investing in companies involved in the exploration, development, production, or distribution of natural resources and related products and services.
Overview
ETF tracking T. Rowe Price Natural Resource ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The T. Rowe Price Natural Resource ETF seeks to provide long-term capital appreciation by investing in companies involved in the exploration, development, production, or distribution of natural resources and related products and services.
🎯 Investment Strategy
The ETF invests primarily in the common stocks of companies engaged in the exploration, development, production, or distribution of natural resources and related products and services. The fund's portfolio is diversified across various natural resource sectors, including energy, metals, and agriculture.
✨ Key Features
- Provides exposure to a diversified portfolio of natural resource companies
- Actively managed by T. Rowe Price's experienced investment team
- Aims to capitalize on long-term trends in global demand for natural resources
- Relatively low expense ratio compared to similar actively managed funds
⚠️ Primary Risks
- Sector-specific risk: The fund's performance is closely tied to the natural resource sector, which can be volatile and subject to market fluctuations
- Commodity price risk: The profitability of natural resource companies is influenced by the prices of the underlying commodities, which can be volatile
- Geopolitical risk: Natural resource companies may be affected by political and economic instability in regions where they operate
- Liquidity risk: The fund may invest in smaller or less-traded companies, which can impact its ability to buy or sell positions
👤 Best For
The T. Rowe Price Natural Resource ETF may be suitable for investors seeking long-term capital appreciation and exposure to the natural resource sector. It may be particularly appealing to investors with a higher risk tolerance who believe in the long-term growth potential of the natural resource industry.