Multi Currency Equity Investments – Update #17 Summary

by | May 19, 2008 | Multi Currency Investing

Multi Currency Portfolios Course Summary – Update #17 – Multi Currency  Equity Investments.

Our multi currency portfolio course is studying seven equities that have performed well during the November 2007 to  March 2008 global stock market downturn.

The multi currency shares are

Samsung Electronics-GDR COM
Adidas AG
Vestas Wind Systems
Kurita Water Industr.
Hyflux Ltd
Novo Nordisk B

Here is how these multi currency shares performed from November 2007 to April 2008.

Share                     Portfolio          Invested       Val.  Apr.

Samsung Elec        Blue Chip           50,000        58,458
Adidas AG             Blue Chip           50,000        52,183
Vestas Wind Syst.   Green                51,000        63,250
Kurita Water Ind.     Green               51,000        54,937
Hyflux Ltd              Green                51,000        53,127
ABB Ltd             Infrastructure         50,000        52,005
Novo Nordisk    Danish Health       50,000        56,294

Today’s multi currency update begins this review by looking at ABB Ltd in the infrastructure portfolio.

The Infrastructure Portfolio invested $50,000 in ABB shares in November 2007. That investment was worth $52,005, last week, an increase of 4% during the last six months which have been among the most difficult for equity markets in decades.

ABB is a huge multi currency company that operates in more than 100 countries and has offices in 87.

The company is headquartered in Zürich, and operates mainly in power and automation technology. ABB is one of the largest engineering conglomerate in the world with approximately 112,000 employees.

ABB is truly multi currency and its shares trade on the Swiss Exchange, Stockholm Stock Exchange and New York Stock Exchange.

You can read the entire multi currency update #17 as a Multi Currency Portfolios Course subscriber.
Learn more about eurobond share investing October 3-5 at International Investing & Business Made EZ North Carolina

and November 7-9 at International Business Made EZ Ecuador