Gold has been a very good portfolio hedge against equity bear markets and periods of high inflation. (schroders.com)
The managers combine about 100 small cap names with an actively - managed portfolio hedge. (mutualfundobserver.com)
And if the dollar isn't your home currency, it's generally served as a decent portfolio hedge in the risk on / risk off environment of the past few years: For example, when the market's risk off, your portfolio suffers — but dollar strength usually benefits your TLI holding (& vice versa). (wexboy.wordpress.com)