Craig In the context of the Variable Portfolio discussion http://gyroscopicinvesting.com/forum/http://77.104.139.218/~gyroscop/phpBB3/viewtopic.php?t=3 : apart from the four PP assets, what would you say are the major investable classes in the market that are worth considering?  I can think of REIT,...

Thanks for the replies. Jake – Of course you might want to speculate in gold if you though it was about to shoot up. I was thinking a bit longer-term: a strategy for people who were not content with exposure to only the PP assets but wanted exposure to the rest of the market as well, as opposed to “...

The Permanent Portfolio holder is convinced that the PP assets will on aggregate increase in value in the long term. Why include any of the same assets in a VP, only to buy and sell them in the shorter term? To avoid duplication, the VP should be complementary to the PP, ie do something that the PP ...

Selection of ETFs for a PP in Europe is complicated by the fact that there are several exchanges, including London, Milan, the super-exchange Euronext (including Paris, Amsterdam, Brussels and Lisbon) and Deutsche Borse in Frankfurt. Some German ETFs are available only in Frankfurt for example, so a...

I am a Euro investor and here is my PP: IMEU iShares MSCI Europe Fund X25E Db X Trackers Ii Iboxx Euro Sovereigns Euro Zone 25+ Tr Inde PHAU ETFS Physical Gold Fund C3M CASAM ETF EMTS 3M These and other Euro PP choices are discussed in the thread http://gyroscopicinvesting.com/forum/http://77.104.13...

For a discussion of relevant European bond ETFs, see
http://gyroscopicinvesting.com/forum/in ... ic=1348.15

Another idea is the money market ETF Amundi ETF EuroMTS Cash 3 Months; +  0.85% in the last 12 months. Code C3M. It seems to be the best performer of the Euro MM ETFs, but of course if there is a better one I would be delighted to hear about it.

I think I will use iShares Barclays Capital Euro Treasury Bond 0-1 (IEGE) as my cash proxy in the Euro HB PP. It pays dividends every 6 months. The last two were 0.4046 and 0.4419 €, so a total of 0.84 € per year. As the price of the ETF is about 100E, this makes 0.84%. The iShares site, however, gi...

kw Thanks for the info on the bond funds. I must admit I don't understand them very well, mainly because I was reluctant to spend more time researching them. In the end I went for Db X Trackers Ii Iboxx Euro Sovereigns Euro Zone 25+ (DE:DBXG, same as X25E), as it meets the HB PP criteria best. My fi...

Indices, thanks for your reply. I see why you recommend the shorter term bonds. These ETFs contain mostly German and French bonds, with some Italian and smaller countries.

I am a Eurozone resident in the process of setting up a Euro HB PP (http://gyroscopicinvesting.com/forum/http://77.104.139.218/~gyroscop/phpBB3/viewtopic.php?t=8). I am looking for the best way of investing the cash component. So far, apart from cash on deposit, the best way I have found is to use t...

kw, thanks for the checklists. Of the available bond funds: <<EU: X25E (deutsche bank 25+, all countries, interest compounded), X509(Commerzbank 25+, all countries), IBGL      (Ishares  15+, all countries), EXX6(Ishares 10.5+, Germany)>> the order of three-year performance from ADVFN is EXX6 X25E X5...

kw, sorry, my mistake about the duration. I confused it with another bond ETF (GXJ), and have corrected my statement in the post. On the subject of Europeans investing in a PP in dollars: the exchange rate risk effectively rules it out, at least for me. Over the last five years alone, the Euro has f...

gizmo_rat : I didn't know Marc Mesel had a blog as well. He lists his PP which includes German 30-year bonds, which he presumably buys directly in Belgium. kw - thanks for explaining your reasoning. I have ordered HB's book so I hope to understand the details of his approach soon, including how many...

Thanks for the replies, and particularly to kw for the information. kw - the SXD Eurostoxx 600 seems like a logical choice, as does the MCSI Europe index. EXX6 is 10.5+ year bonds; again I understand this one but the bond duration seems a bit short for a strict HB PP.  I would be interested to know ...

I would like to put together a HB PP in Euros, in the form of ETFs traded on Euronext. I am in France. I had a look at previous topics here and on the Bogleheads forum, but did not find many concrete ETF suggestions for European residents. Here are my thoughts so far: Bonds. Not a great deal of choi...