Looks like a new ETF came out (ticker: PERM) that offers PRPFX like exposure. Fees are lower (0.49% vs. 0.77% for PRPFX) altough it looks like passive, index exposure
It looks like the PERM ETF holds Gold and Silver ETFs, whereas the PRPFX fund actually holds gold & silver. That will make a difference to some.
From an article on etfdailynews.com, "Global X Funds Launches Permanent ETF (PERM)":"The fund has target allocations of 25% to equity stocks, 25% to short term bonds, 20% to gold and 5% to silver, and 25% to long term bonds."That sounds pretty similar (?) to the 4x25 allocation.Doesn't it take some period of time for new funds to get their allocations fully in place?
Why would it take time for a new fund to get allocations in place? I don't understand your question.