CapitalTime
Articles on investing and capital management, with a quantitative focus.
#prp - Permanent Risk Parity (how I invest)
PRP Annual Performance
2022-01-18
The PRP gained 6.0% in 2021. In the historical context, that's a very average year.
Long-term performance is 6.7% CAGR over 26 years.
All figures are for the Canadian PRP in CAD currency.
Historical Annual Returns
![](prp-annual-2021.png)
So far, every year in the 26 year history (backtest) has been positive, but a 5% to 10% single year decline would be normal.
— Jem Berkes