PERM/Global X

Discussion of funds that implement the Permanent Portfolio strategy

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pershing83

PERM/Global X

Post by pershing83 » Tue Feb 28, 2012 11:10 am

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.
longeyes
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Re: PERM/Global X

Post by longeyes » Tue Feb 28, 2012 11:54 am

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.
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Re: PERM/Global X

Post by longeyes » Fri Mar 02, 2012 10:13 am

Here's another "pro" offering his two cents, FWIW:

http://seekingalpha.com/article/404601- ... olio&ifp=0
pershing83

Re: PERM/Global X

Post by pershing83 » Fri Mar 02, 2012 7:31 pm

http://www.bullfax.com/?q=node-global-x ... ncept-etfs

Some more discussion. H Browne does get some credit.
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stone
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Re: PERM/Global X

Post by stone » Sat Mar 03, 2012 4:39 am

http://seekingalpha.com/article/404601- ... olio&ifp=0
  I am going to watch this fund and track it to see how the manager's investment philosophy progresses
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".
"Good judgment comes from experience. Experience comes from bad judgment." - Mulla Nasrudin
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