History
European investors often adapt US portfolio templates to local currency, tax and fund availability.
Philosophy
Keep the four-regime structure while using instruments accessible to European investors.
Permanent / All WeatherAll weatherMulti-assetDefensiveLow complexity
European Permanent Portfolio
A European implementation of the Permanent Portfolio using European or global stocks, government bonds, gold and cash.
Asset allocation
European Stocks
25%European Bonds
25%Gold
25%Cash
25%Implementation
Local products and proxies
🌐 European Permanent Portfolio implementation
Long-term individual investor
Use broad, low-cost funds or ETFs matching each asset class.
Account notes: Implementation depends on local account types and tax wrappers.
Costs: Prefer low-cost, liquid vehicles.
Rebalancing: Annual rebalancing or tolerance bands.
Tax: Country-specific tax treatment should be reviewed before implementation.
Product names are implementation examples for research. Availability, taxation, share classes and suitability should be checked with the investor's broker and tax situation.
Similar portfolios
Adjacent ideas in the atlas
Gold Heavy Permanent Portfolio
A Permanent Portfolio variant that doubles the classic gold sleeve.
Gold40%
Stocks20%
Long Bonds20%
Cash20%
Open atlas entry
Permanent Portfolio
Harry Browne’s four-regime wealth preservation portfolio, built to survive prosperity, inflation, deflation and recession without relying on forecasts.
Stocks25%
Long Bonds25%
Gold25%
Cash25%
Open atlas entry
Desert Portfolio
A defensive Permanent Portfolio-inspired allocation that reduces cash and increases exposure to stocks, long bonds and gold.
Stocks30%
Long Bonds30%
Gold30%
Cash10%
Open atlas entry
Golden Butterfly
A balanced portfolio combining growth, stability and real assets with a strong tilt toward small-cap value.
US Stocks20%
Small Cap Value20%
Long Bonds20%
Short Bonds20%
Gold20%
Open atlas entry
Permanent Income Portfolio
A Permanent Portfolio variant that adds a dedicated dividend and REIT income sleeve.
Stocks20%
Long Bonds20%
Gold20%
Cash20%
Others20%
Open atlas entry