09/20 Permanent Portfolio Rebalance

It’s another pretty boring month for the leveraged permanent portfolio (data here). Technically, we’re still a bit above the target 12% volatility threshold, but not by much. So I’m going to continue to let it ride.

Performance-wise, US Large Cap Equities have made up some ground on the portfolio recently. However, the leveraged permanent portfolio remains much better diversified, including nearly 30% in cash and Treasury futures, and a further 26% in ex-US equities.

Source: Demonetized Calculations

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