T. Rowe Price Real Assets Fund increases individual fund fees

By Toni Weeks

San Diego, Dec. 12 - T. Rowe Price Real Assets Fund, Inc. announced in a 497 filing with the Securities and Exchange Commission that its individual fund fee portion of the fund's management fee has increased to 0.35% from 0.3%, effective Dec. 1.

The individual fund fee portion is one part of the management fee and reflects a fund's particular characteristics. A group fee, which is designed to reflect the benefits of the shared resources of the T. Rowe Price investment management complex, comprises the remaining portion of the management fee. It is calculated daily based on the combined net assets of most T. Rowe Price funds and is graduated, declining as the asset total rises.

The filing also stated that the fund is now available for direct purchase by the public.

The fund is managed by Baltimore-based T. Rowe Price's Investment Advisory Committee.

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