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Anybody know about this one? I dug SICAV up while searching the web to see if TRP might have added a precious metals fund in recent years. The linked commentary describes SICAV as a “Global Natural Resources Equity Fund.” However Lipper can’t seem to find it and M* seemed to think it was a Russian fund. I’m thinking maybe it’s only offered in some foreign countries?
An interesting question is why T Rowe hasn’t gotten around to offering a precious metals fund yet, seeing as how they offer virtually everything else under the moon in terms of investing approaches? While not a ringing endorsement, there was at least a “nod” in favor of p/m investments in their recent “T Rowe Price Reports”, a section of which I posted yesterday.
Here’s the line that caught my attention: “The similarities with the economic conditions of the 1970s suggest that stagflation trades, such as gold and inflation-linked securities, could be effective.”
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Regards,
Ted
https://www.investopedia.com/terms/s/sicav.asp
An interesting question is why T Rowe hasn’t gotten around to offering a precious metals fund yet, seeing as how they offer virtually everything else under the moon in terms of investing approaches? While not a ringing endorsement, there was at least a “nod” in favor of p/m investments in their recent “T Rowe Price Reports”, a section of which I posted yesterday.
Here’s the line that caught my attention: “The similarities with the economic conditions of the 1970s suggest that stagflation trades, such as gold and inflation-linked securities, could be effective.”
Here’s the link to the TRP commentary I posted: https://www.troweprice.com/financial-intermediary/pt/en/thinking/articles/2019/q3/why-central-bank-independence-could-become-a-thing-of-the-past.html
And here’s a link to my earlier thread: “Central Bank Independence Could Become a Thing of the Past”: https://www.mutualfundobserver.com/discuss/discussion/54294/why-central-bank-independence-could-become-a-thing-of-the-past-t-rowe-price
Most interesting that a day after I posted, the Prez and Powell met at the WH. Quite unusual I think.