RAAX - Getting In On Inflation's Ground Floor
Two ETFs aim for real returns.
It's not easy to find a ground floor opportunity in exchange-traded funds nowadays. There just aren't a lot of early-stage bullish opportunities in non-leveraged or inverse portfolios.
That's why the recent price action of the VanEck Vectors Real Asset Allocation ETF (RAAX) caught our eye. RAAX is an actively managed fund-of-funds that invests in assets known to hold their value during inflationary periods. Among its primary investment targets are ETFs tracking commodities, natural resources, real estate and infrastructure.
Guiding the fund runners' allocation decisions is a proprietary model that