PSPFX Added Most to Diversified Portfolio, Says Financial Planning
Financial Planning touts the power of natural resources. Over the past 10 years, natural resources stocks strengthened a balanced portfolio and had a low correlation to U.S. large stocks. When included in a diversified portfolio and rebalanced annually, of natural resources funds with 10-year returns, the Global Resources Fund (PSPFX) added the most return.
“The most dramatic performance differences at the portfolio level were observed when using U.S. Global Investors’ Global Resources,” which resulted in a 9.89 percent annual return for the portfolio. If the portfolio excluded a natural resources fund, the 10-year annualized return was 8.65 percent.
“The important issue is to incorporate natural resources to achieve a diversified portfolio,” says Financial Planning.