Permanent Portfolio Permanent I (PRPFXÂ -Â MF report) a Zacks Rank #1 (Strong Buy) seeks to preserve and increase the purchasing power value of its shares over the long term. PRPFX invests a fixed target percentage of its net assets in gold, silver, Swiss franc assets, stocks of U.S. and foreign real estate and natural resource companies, aggressive growth stocks and dollar assets such as U.S. Treasury bills and bonds.
This Allocation Balanced fund, as of the last filing, allocates their fund in three major groups; Foreign Bond, Small Value and Precious Metal. As of the last filing, Facebook Inc. (FB), Janus Capital Group Inc. (JNS) and Prologis Inc. (PLD) were the top holdings for PRPFX.
The Permanent Portfolio Permanent I fund, managed by Permanent, carries an expense ratio of 0.8%, and requires a minimal initial investment of $1,000.
PRPFX has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 1, 3, 5 year benchmarks; 1 year 0.15%, 3 year 0.44% and 5 year 0.06%. To see how this fund performed compared in its category and other #1 and #2 Ranked Mutual Funds, click here.
PRPFX’s performance, as of the last filing, when compared to funds in its category was in the top 7% in 1 year.
