Performance data quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Investment performance, current to the most recent month-end, may be lower or higher than the performance quoted. It can be obtained by calling (800) 531-5142. For standardized performance, click here.
The Fund's investment objectives, risks, charges, and expenses must be considered carefully before investing. The Prospectus contains this and other important information about the investment companies. A hard copy may be obtained by calling (800) 531-5142. Read the Prospectus carefully before investing.
While the Class I shares of the Fund are no load, management and other fees still apply. Class A shares reflect the maximum sales charge of 5.00% (4.00% for Versatile Bond Portfolio) and the Class C shares reflect the maximum deferred sales charge of 1.00%. Performance data shown as no load does not reflect the current maximum sales charges. Had the sales charges been included, the Portfolio's returns would be lower. Please refer to the Prospectus for further details.
Opinions expressed and views on the securities mentioned (including precious metals) are those of Michael J. Cuggino as of the dates provided. They are subject to change at any time, are not guaranteed, and should not be considered investment advice. Stocks are generally perceived to have more financial risk than bonds in that bond holders have a claim on firm operations or assets that is senior to that of equity holders. In addition, stock prices are generally more volatile than bond prices. Investments in debt securities typically decrease in value when interest rates rise. This risk is usually greater for longer-term debt securities. Depending on the entity issuing the bond, it may or may not afford additional protections to the investor, such as a guarantee of return of principal by a government or bond insurance company. There is typically no guarantee of any kind associated with the purchase of an individual stock. Bonds are often owned by individuals interested in current income while stocks are generally owned by individuals seeking price appreciation with income a secondary concern.
The Fund does not invest directly in or hold cryptocurrency. Cryptocurrency is a relatively new asset class and is subject to unique and substantial risks. The price of cryptocurrency futures contracts should be expected to differ from the current cash price of cryptocurrency.
Any tax or legal information provided isn't an exhaustive interpretation of some of the current income tax regulations. Investors must consult their tax advisor or legal counsel for advice and information concerning their particular situation. Neither the Fund nor any of its representatives may give legal or tax advice.
Fund holdings, standardized performance figures, and since inception returns against each Portfolio's respective benchmarks can be reviewed by clicking on the following fact sheets — Permanent Portfolio, Short-Term Treasury Portfolio, Versatile Bond Portfolio, and Aggressive Growth Portfolio. Fund holdings and sector allocations are subject to change and are not recommendations to buy or sell any security.
References to other mutual funds or ETFs should not be interpreted as an offer of these securities.
Diversification does not assure a profit or protect against loss in a declining market. Earnings growth is not a measure of the Fund's future performance.
Mutual fund investing involves risk; loss of principal is possible.
Pacific Heights Asset Management, LLC ("Pacific Heights") is the investment adviser to Permanent Portfolio Family of Funds ("Fund"). The Fund is distributed by Quasar Distributors, LLC ("Quasar"), a member of FINRA. Quasar is not affiliated with Pacific Heights.
Not FDIC Insured. No Bank Guarantee. May Lose Value.
Permanent Portfolio®, The Permanent Portfolio Family of Funds®, A Fund for All Seasons® and The Permanent Portfolio Family of Funds logo are registered trademarks of Pacific Heights. Copyright © 2026 Permanent Portfolio Family of Funds. All rights reserved.
