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Global Investment Strategies - T. Rowe Price Global Allocation Fund
That fund, though new and somewhat costly imho, remains on my "interesting" list as a possible investment down the road ... and I like TRP's investment style in the other funds I hold of theirs.
It’s about the closest T Rowe gets to having a hedge fund. Generally, they’re a pretty conservative outfit that steers clear of the exotic stuff. (They still don’t have a gold/precious metals fund). Not only does this one invest about 10% in a hedge fund (largely accounting for its higher fees), but it also hedges on its own thru options and other types of derivatives.
I’m not recommending it. And it’s not for everyone. It’s had an unusually good year (I suspect due to the rebound in Europe) and so it’s beginning to command some attention. Thanks for the link @davfor
Comments
Thx for posting the report!
I’m not recommending it. And it’s not for everyone. It’s had an unusually good year (I suspect due to the rebound in Europe) and so it’s beginning to command some attention. Thanks for the link @davfor