Companhia Vale do Rio Doce (RIO) and Petroleo Brasileiro(PBR) are the two most traded Brazilian ADR stocks in New York. Until recently RIO always used to be in the most active list in NYSE. But recently PBR seems to be joining this list as well. For example, today RIO had a volume of 40M and …
Photo: Austrian Mountain Lake We invest in utility stocks for the dividends and stable growth. While there are many utilities such as FPL Group (FPL), Exelon (EXE) in the US, many others in countries outside of the USA offer higher growth and dividend yields. Finland based Fortum and Verbund of Austria are two such examples. …
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Closed-End funds whose market price is trading at a discount to their NAV (Net Asset Value) are considered to be cheap. Here are three such funds which offer country specific exposure at a decent price. 1.Fund Name: Swiss Helvetia Fund Ticker: SWZ Total Assets: $594M Discount to NAV : -17.61% 2.Fund Name: New Germany Fund …