I am considering the idea of "Harry Browne's permanent portfolio". I seen a few versions of this strategy where the different parts consists of managned funds which in turn have some costs associated with them.
Then why not just buy ONE etf(which only contains the corresponing assets) for each part instead?
Imo the whole idea of Harry Browne portfolio is to keep things fixed, thus managed funds would not be in that spirit. And as far as I understand this is how etf's work, they have to track an index.