Seeking Alpha

OPursche's  Instablog

OPursche
Send Message
Oliver Pursche, the Co-Portfolio Manager of GMG Defense Beta Fund.
  • You Don't Have To Cross The Border To Buy These 7 Overseas Dividend Stocks 0 comments
    Feb 11, 2012 12:28 PM | about stocks: PEP, CAT, LEG, YUM, CLF, TUP, NVS

    Although U.S. Government machinations are decimating the middle class here, the good news is its remaining denizens can capitalize on the emergence of their brethren elsewhere.

    One way to buy into fast growing emerging economies is through multinationals. You don't normally get the same share price movement associated with directly investing in fast growing overseas stocks like Baidu or Petrobras but it may allow you to sleep more soundly at night.

    All of the BRICs (Brazil, Russia, India and China) now host self sustaining economies growing at stable rates, independent central banks, adequate infrastructure and growing agricultural demand-all pillars of a burgeoning middle class.

    Notwithstanding, I still believe these nations contain some degree of political risk and as a result, are focusing on, and buying U.S. and European companies with major stakes in these economies domestic equities within the BRICs. Our top holdings among multinational stocks include Pepsico (PEP), Caterpillar (CAT), Yum Brands (YUM), Leggett & Platt (LEG), Cliffs (CLF), Tupperware (TUP) and Novartis (NOV).

    For GMG Defensive Beta Fund disclosures, click here.

    Oliver Pursche is co-portfolio manager of GMG Defensive Beta Fund, which holds shares in the companies listed in this post.

    Stocks: PEP, CAT, LEG, YUM, CLF, TUP, NVS
Back To OPursche's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers
Posts by Themes
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.