Although U.S. investors often focus on U.S.-based companies because of greater familiarity, I suspect that many would be interested in learning more about international companies that trade on U.S. exchanges in the form of American Depository Receipts (ADRs). The top ten performing ADRs over the past 12 months, out of our universe, are shown in the table below. As of 4/5/11.
To learn more about Dorsey Wright’s Systematic Relative Strength International portfolio, click here.
Dorsey Wright’s ADR universe is a sub-set of the entire universe of ADRs. Dorsey Wright currently owns AMRN, GENT, and SPRD. A list of all holdings for this portfolio over the past 12 months is available upon request.