The WSJ recently profiled Bill Tedford who runs a benchmark beating bond portfolio for Stephens Inc.
Tedford is currently betting on an uptick in inflation and is positioning his portfolio appropriately. To help clients hedge against inflation, Stephens encourages the use of exchange traded funds to gain exposure to real assets with a recommended allocation of 5 – 10% of the portfolio.
According to the Journal article, the ETFs that Tedford currently likes include the U.S. Gasoline Fund (UGA), iShares Dow Jones U.S. Oil & Gas Exploration & Production Index Fund (IEO), SPDR Gold Shares (GLD), PowerShares DB Base Metals Fund (DBB) and the PowerShares DB Agriculture Fund (DBA).