For the month of June 2021, the Enhanced Permanent Portfolio strategy-account added +0.84% while the 100% equity ACWI index (All Country World Index) was up by 1.26%. While Equity and Treasuries performed well, Gold was down -6%. Volatilities came down to low pre-covid levels indicating that investors don’t see any immediate market risks during this summer.
Your Rational Invest Team
Walter Baumann / Frank Grossmann / Thomas Ritter
Tel +41 79 306 11 60 / Email