As I have mentioned in prior articles detailing the re-balancing process I have followed; global, and emerging markets now occupy a more prominent place in the PPRP than they have in past years. My rational for this has been a monitoring of the FTSE All-World and the MSCI Emerging Markets indices for the past five to six months.
As a result of the re-balancing process, global and emerging markets now occupy about seven percent of the Protected Principal Retirement Portfolio (PPRP). Also, all global and emerging markets positions consist of closed-end funds (CEFs). I opted