We study the properties of the ternary infinite word p = 012102101021012101021012 ... , that is, the fixed point of the map h:0->01, 1->21, 2->0. We determine its factor complexity, critical exponent, and prove that it is 2-balanced. We compute its abelian complexity and determine the lengths of its bispecial factors. Finally, we give a characterization of p in terms of avoided factors.