Anyone know anything about teh Permanent Portfolio family? I had a meeting with a prospect last night who has it in his portfolio and I’ve never heard of them before. I haven’t done much searching, but I can’t find a homepage for them. Just curious if any of you use them or know anything about them.
Go to yahoo finance and look up PRPFX. It’s their flagship fund and is pretty impressive. They basically mix gold, silver, dividend paying stocks and t-bills. I think they’re up this year and have average about 12% per year for the past 10. I think it’s no load, so most commision based reps won’t benefit from it, but it works very well for a portion of a wrap account for indy’s, RIA’s, etc.
Very good fund, constantly rebalance their holdings, so the percentages are always the same… try http://www.permanentportfoliofunds.com