Permanent Portfolio Family is an American mutual fund investment company founded in 1982. The company's products consist of four mutual funds. Its flagship fund, the Permanent Portfolio, is based on the investment strategies of Harry Browne. The company was established in 1982 and its first offering was a mutual fund called the Permanent Portfolio (PRPFX). The Short-Term Treasury Portfolio (PRTBX) was founded in 1987. A stock fund called Aggressive Growth Portfolio (PAGRX) was opened in 1990 and Michael Cuggino was hired to manage it. In 1991, the company added the Versatile Bond Portfolio (PRVBX) which invests 80% or more of its net assets in bonds. Cuggino, a Certified Public Accountant took control of the Permanent Portfolio fund in 2003 when his predecessor was sanctioned by the Securities and Exchange Commission. Other company leaders include: James H. Andrews as Treasurer, Susan K. Freund as Chief Compliance Officer and Derek D. Hyatt as their Senior Investment Analyst. More information...
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