Vanguard has updated VGPMX to move away from being strictly precious metals and mining towards 25% exposure to metals and the remaining invested in cyclical industries and utilities/telecommunications. Seems like an unusual mix, they state the goal is still to be uncorrelated with the broader market.
Any thoughts? Is anyone planning to get into the new fund? Is their strategy likely to produce solid and uncorrelated returns?
Submitted October 24, 2018 at 09:50AM by Wertasken90 https://ift.tt/2PT2UoU
