T. Rowe Price Real Estate struggled in its first year under new manager Nina Jones, but that's mainly due to the cautious and disciplined nature of its strategy, which remains intact. The cheap I shares maintain a Morningstar Analyst Rating of Bronze, but the slightly pricier no-load and advisor shares only earn Neutral ratings.
Will PAREX outperform in future?
Get our overall rating based on a fundamental assessment of the pillar’s below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PAREX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the PAREX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of PAREX’s parent organization’s priorities and whether they’re in line with investors’ interests.