I stumbled across PRWCX during my continuing quest for assets that won't tank in a bear/extended sideways market...to complement my diversified portfolio. It seems too good to be true: a long history of decent returns without any years of terrible losses. Expense ratio is a little high but still under 1%.
http://finance.yahoo.com/q/pm?s=PRWCX
Is the manager using legitimate techniques to reduce risk or is it just an extended streak of good luck & timing that could turn south in the next decline? Has anyone else looked at this fund and decided yay or nay? I'd be curious to hear your reasons.
http://finance.yahoo.com/q/pm?s=PRWCX
Is the manager using legitimate techniques to reduce risk or is it just an extended streak of good luck & timing that could turn south in the next decline? Has anyone else looked at this fund and decided yay or nay? I'd be curious to hear your reasons.