Thursday, February 09, 2012

PERM Permanent portfolio ETF

Readers know that I am a fan of the Permanent Portfolio. A concept popularized by Harry Brown in the 1970s. The basic outline is 25% allocations to bonds, notes, stocks and gold. There is a new ETF symbol PERM (link to PDF Fact sheet). They do 5% silver and split their equity allotment into several categories. Management fee 0.49%.

For most people, I would prefer physical precious metals, but this fund does give an easier way for retirement investors.

As always, my posts are not a recommendation to buy or anything of the sort. I don't have any connection to the ETF or its promoters.

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