T. Rowe Price Group Inc. has launched a mutual fund focused specifically on investing in Chinese companies. The mutual fund launched Thursday is called the China Evolution Equity Fund and will be managed by Wenli Zheng. The fund will invest about 80% of its net assets in Chinese companies and up to 20% of its net assets in companies in other countries or markets, such as Hong Kong, Japan, South Korea, or Taiwan, according to a prospectus. For T. Rowe Price (NASDAQ: TROW), the new fund marks a…
from https://www.bizjournals.com/baltimore/news/2019/12/12/t-rowe-price-launches-new-mutual-fund-focused-on.html?ana=RSS&s=article_search
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