PERM is as close as you can get to a classic HBrowne portfolio. I'v looked at it again and for a mgmt fee of 0.44% everything is handled for you with ETF's. The stock allocation includes some international.
Assets 5 mil per Mkt Watch. What I do not know is enough about Global-X with a reputation for opening and closing funds. A fishing ETF closed as well as 7 others recently.
PRPFX is up 8% YTD, not bad, not bad.
PERM/Global X
Moderator: Global Moderator
Re: PERM/Global X
Wait for it to get critical mass is my advice. See if the volume's there. Global X likes to flirt with the margins and can be a fickle husband.
Re: PERM/Global X
Here's another "pro" offering his two cents, FWIW:
http://seekingalpha.com/article/404601- ... olio&ifp=0
http://seekingalpha.com/article/404601- ... olio&ifp=0
Re: PERM/Global X
http://www.bullfax.com/?q=node-global-x ... ncept-etfs
Some more discussion. H Browne does get some credit.
Some more discussion. H Browne does get some credit.
Re: PERM/Global X
http://seekingalpha.com/article/404601- ... olio&ifp=0
It is hilarious to see that the author wants to see "progression" of investment philiosophy when the entire point of the fund is to have fixed allocations that investors can rely on not being at the mercy of "how the manager's investment philosophy progresses".I am going to watch this fund and track it to see how the manager's investment philosophy progresses
"Good judgment comes from experience. Experience comes from bad judgment." - Mulla Nasrudin