07-08-2016 YTD +14%

Discussion of funds that implement the Permanent Portfolio strategy

Moderator: Global Moderator

User avatar
Ad Orientem
Executive Member
Executive Member
Posts: 2830
Joined: Sun Aug 14, 2011 2:47 pm
Location: Florida USA
Contact:

07-08-2016 YTD +14%

Postby Ad Orientem » Fri Jul 08, 2016 6:57 pm

Been a while since I've looked at PRPFX. I think interest in this fund has waned quite a bit around here. Anyways the fund is doing relatively well. I took a look today after checking my own PP (up around 10% ytd).
Dieter
Executive Member
Executive Member
Posts: 201
Joined: Sat Sep 01, 2012 10:51 am

Re: 07-08-2016 YTD +14%

Postby Dieter » Sat Jul 09, 2016 1:16 am

Ad Orientem wrote:Been a while since I've looked at PRPFX. I think interest in this fund has waned quite a bit around here. Anyways the fund is doing relatively well. I took a look today after checking my own PP (up around 10% ytd).


PERM is having a good year as well
User avatar
foglifter
Executive Member
Executive Member
Posts: 546
Joined: Tue Apr 27, 2010 5:37 pm
Location: The Golden State

Re: 07-08-2016 YTD +14%

Postby foglifter » Fri Oct 27, 2017 11:51 pm

Dieter wrote:
Ad Orientem wrote:Been a while since I've looked at PRPFX. I think interest in this fund has waned quite a bit around here. Anyways the fund is doing relatively well. I took a look today after checking my own PP (up around 10% ytd).


PERM is having a good year as well


Ouch, PERM is gone!

http://www.etf.com/sections/daily-etf-watch/global-x-close-7-etfs
User avatar
sophie
Executive Member
Executive Member
Posts: 2479
Joined: Mon Apr 23, 2012 7:15 pm

Re: 07-08-2016 YTD +14%

Postby sophie » Sat Oct 28, 2017 9:49 am

Don't get too excited. At 40.7, PRPFX is still well below the level of the plateau it hit in 2011 (fluctuating between 48-50 for 2 years before dropping in 2013).

There are lots of reasons for this: change in value of the Swiss franc, inclusion of silver, high ER, light long bond holdings, emphasis on natural resource stocks. But there's also the "X" factor that the stock allocation is actively managed.

Holding it with a slice of EDV (90% PRPFX, 10% EDV) helps compensate for the light long bond holdings and has provided a small positive return (13% since 2011 per ETFreplay). But, since the point of PRPFX is not to have to worry about portfolio allocations and rebalancing, one might as well hold the 25x4 PP. I guess you could do this if you have the very specific retirement account situation where you can buy PRPFX and long bonds or EDV, but not gold ETFs.
User avatar
Ad Orientem
Executive Member
Executive Member
Posts: 2830
Joined: Sun Aug 14, 2011 2:47 pm
Location: Florida USA
Contact:

Re: 07-08-2016 YTD +14%

Postby Ad Orientem » Sat Oct 28, 2017 10:34 am

If your looking for a mutual fund set it and (mostly) leave it portfolio, I'd rather hold VWIN/AX and 10% gold. The ER is much lower and the returns better and more stable over time.
User avatar
foglifter
Executive Member
Executive Member
Posts: 546
Joined: Tue Apr 27, 2010 5:37 pm
Location: The Golden State

Re: 07-08-2016 YTD +14%

Postby foglifter » Sun Oct 29, 2017 12:50 am

I used PRPFX in the past, but eventually switched to GB. I guess now that PERM is closed this forum can be renamed to "Permanent Portfolio Fund". ;)

Return to “Permanent Portfolio Funds”

Who is online

Users browsing this forum: No registered users and 2 guests