Portfolio using Exchange Traded Funds (ETF's) and NYSE traded American Depository Receipts (ADR's) to provide exposure to a limited group of stocks with headquarters located in Switzerland and the adjacent area of Southern Germany. These companies have a demonstrated track record of success in global trade in a variety of diversified industries requiring advanced technology. The theme is the continued trend of growing global trade and that these large companies who excel in global trade, grow at a pace that is faster than other companies in the developed countries like the US and Europe. Also, but to a lesser extent, it assumes that Swiss currency tends to rise in value relative to the US dollar--hence the value of equities and debt securities in US $ terms may rise. The style is more toward Growth than Value. Standard Deviation ranges 110-130% of S&P500. The benchmark is the MSCI World (Ex US) Index.
Past performance does not predict future performance. This FOLIO tends to be more volatile than domestic equity and is subject to concerns regarding debt problems of some European countries causing a fall in European currency.
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