Tuttle Capital Management expanded its ETF lineup last week with the launch of the Porter & Company Porter Portfolio Index ETF (BATS:PCPP), a rules-based multi-asset fund designed to provide investors with diversified exposure across multiple market environments through a single fund.
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The ETF tracks the Porter & Co. Porter Portfolio Index, an index developed by investment research firm Porter & Company that combines equities, hard assets and cash-like investments in an updated version of the classic permanent portfolio strategy.
According to Tuttle Capital CEO Matthew Tuttle, the fund modernizes the “permanent portfolio” concept popularized by investment writer Harry Browne in the 1980s.
Rather than relying on investors to forecast market cycles, the strategy combines four distinct asset categories, including Bitcoin (BTC) that are intended to complement one another across changing economic conditions.
