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launched: T. Rowe Price Global impact Equity Fund

rforno
in Fund Discussions

https://www.prnewswire.com/news-releases/t-rowe-price-launches-first-impact-fund-301249406.html

T. Rowe Price Global impact Equity Fund

The fund will be aligned with the United Nations Sustainable Development Goals (UNSDGs), a globally recognized framework designed to end poverty, ensure prosperity, and protect the planet.
The fund will be managed by Hari Balkrishna. Mr. Balkrishna has 15 years of investment industry experience, including the last decade at T. Rowe Price. From 2015 until the end of last year, he was Associate Portfolio Manager of the firm's Global Growth Equity Strategy. Having lived and worked on five continents, Mr. Balkrishna has a keen understanding of the many different social systems around the world and he is personally passionate about addressing climate change.
The fund will employ an all-capitalization, high-conviction approach, typically owning between 55 and 85 securities, focused on those that Mr. Balkrishna believes will create positive environmental and social impact, along with attractive returns, over a long-term time horizon.
As with other T. Rowe Price strategies, the fund will draw upon the firm's global equity research platform, comprising 203 equity research analysts, 10 sector portfolio managers, and 73 regional and diversified portfolio managers. In addition, the fund will tap the deep expertise of the firm's Environmental, Social and Governance (ESG) experts and responsible investing research analysts as well as its proprietary Responsible Investing Indicator Model (RIIM), a database detailing how more than 15,000 securities measure up against established environmental and social parameters.
The net expense ratio for the Investor Class shares (Ticker: TGPEX) is 0.94% and the minimum initial investment is $2,500.
The net expense ratio for the I Class shares (Ticker: TGBLX) is 0.79% and the minimum initial investment is $1 million.

FUND DETAILS

The fund will be aligned with the United Nations Sustainable Development Goals (UNSDGs), a globally recognized framework designed to end poverty, ensure prosperity, and protect the planet.
The fund will be managed by Hari Balkrishna. Mr. Balkrishna has 15 years of investment industry experience, including the last decade at T. Rowe Price. From 2015 until the end of last year, he was Associate Portfolio Manager of the firm's Global Growth Equity Strategy. Having lived and worked on five continents, Mr. Balkrishna has a keen understanding of the many different social systems around the world and he is personally passionate about addressing climate change.
The fund will employ an all-capitalization, high-conviction approach, typically owning between 55 and 85 securities, focused on those that Mr. Balkrishna believes will create positive environmental and social impact, along with attractive returns, over a long-term time horizon.
As with other T. Rowe Price strategies, the fund will draw upon the firm's global equity research platform, comprising 203 equity research analysts, 10 sector portfolio managers, and 73 regional and diversified portfolio managers. In addition, the fund will tap the deep expertise of the firm's Environmental, Social and Governance (ESG) experts and responsible investing research analysts as well as its proprietary Responsible Investing Indicator Model (RIIM), a database detailing how more than 15,000 securities measure up against established environmental and social parameters.
The net expense ratio for the Investor Class shares (Ticker: TGPEX) is 0.94% and the minimum initial investment is $2,500.
The net expense ratio for the I Class shares (Ticker: TGBLX) is 0.79% and the minimum initial investment is $1 million.

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