Fund info

Permanent Portfolio Class I is a multi-asset mutual fund structured to preserve and enhance the purchasing power of its shareholders’ capital over the long term. Its defining characteristic is a diversified asset allocation, guided by fixed target percentages: approximately 20% in gold, 5% in silver, 10% in Swiss franc assets, 15% in real estate and natural resource stocks, 15% in aggressive growth stocks, and 35% in U.S. dollar assets such as Treasury securities and corporate bonds. This allocation seeks to balance exposure across asset classes with varying correlations, aiming to provide resilience in a wide range of economic conditions—including growth, inflation, recession, and deflation. Launched in 1982, the fund operates as a non-diversified investment, allowing for a concentrated approach within each allocation sleeve. Permanent Portfolio Class I is actively managed and is recognized for its low portfolio turnover, which supports tax efficiency and helps contain costs, as reflected by its moderate expense ratio. Its asset mix influences numerous sectors—from precious metals and energy to real estate and global equities—making it a benchmark for investors seeking stability and multi-environment adaptability within the moderate allocation fund category.