Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

In this Discussion

Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.

    Support MFO

  • Donate through PayPal

Fear Trump, North Korea Or An Expensive Stock Market? This Fund Plays Defense: (PRPFX)

FYI: If you are an investor who seeks to protect assets during a time of international uncertainty and what might be the late stage of a bull-market cycle, the Permanent Portfolio’s asset allocation might appeal to you.
Regards,
Ted
http://www.marketwatch.com/story/fear-north-korea-or-trump-or-an-expensive-stock-market-this-fund-plays-defense-2017-08-15/print

M* Snapshot PRPFX:
http://www.morningstar.com/funds/XNAS/PRPFX/quote.html

Lipper Snapshot PRPFX:
http://www.marketwatch.com/investing/fund/prpfx

PRPFX Is Unranked In The (30%-50% E) Fund Category By U.S. News & World Report:
https://money.usnews.com/funds/mutual-funds/allocation-30-to-50-equity/permanent-portfolio/prpfx

Comments

  • A really lousy fund with a poor long term track record.
  • I seem to remember that a few years back, this fund was one that a lot of posters on this site loved. Definitely one of those funds with a simple strategy that worked great -- until it didn't.
  • I remember seeing an interview with the portfolio manager once. He was asked why he held GE in the stock portion of the portfolio...he looked blankly into the camera for a few minutes than blathered on about, well, nothing; revealing that he in fact knew, well, nothing.
Sign In or Register to comment.