| A
Closer Look at the Central Europe and Russia Fund (CEE) |
Published: September 20, 2005
For those looking to diversify
their portfolios internationally, there may be no better place for your
money than the Central Europe and Russia Fund (CEE, $44.23).
Central Europe is one of the
world's most promising emerging markets for two reasons:
-- Tremendous growth potential
from still developing economies, plus...
-- Safety and security that comes with being part of the EU
On the first count, most
Eastern European economies, even the most developed countries like
Hungary and the Czech Republic, still aren't nearly as developed as
countries like France and Germany. Consumers in these nations are just
discovering basic financial services and spending power is growing
thanks to rising incomes and foreign investment. The EU is closing the
income gap by investing massive amounts of money in the East.
And while these countries are
emerging market growth stories, they aren't quite as risky as nations in
many other areas of the world. For starters, they're required to follow
certain fiscal and monetary guidelines imposed as part of EU entry. And
eventually most are scheduled to enter the euro currency. As a result,
foreign investors are all-but assured that currencies will remain
relatively secure and governments in the region stable. For these
countries, euro entry brings the benefit of reduced funding costs -- due
to the inherent stability of the euro, eastern European countries are
able to secure very favorable interest rates on bond issues.
This fund's investments in
countries like Hungary (10.9%), Poland (20.9%) and the Czech Republic
(6.8%) are highly attractive. Meanwhile the fund is nearly 50% invested
in Russia. Russia is a key supplier of basic energy commodities, and
this country is also undergoing some positive economic reforms of its
own.
With all of these factors in
mind, investors may wish to take a closer look at shares of the Central
Europe and Russia Fund (CEE).
|
 Subscribe
today and help those in need...
Subscribe to
our Market Advisor newsletter during the month of
September and we'll donate 25% of the subscription price to the
American Red Cross.
Visit the following link to learn more:
https://web.streetauthority.com/subscribe-ma.asp
|
Good investing!
-- Paul Tracy
Editor
StreetAuthority
Market Advisor
| To
receive in-depth guidance on today's leading investing
opportunities each month, plus access to five model
portfolios, please subscribe to Paul Tracy's premium investment
newsletter -- the StreetAuthority
Market Advisor. |
Paul Tracy
founded StreetAuthority and became Editor in Chief in 2001. Prior to
that he spent several years as Managing Editor at a multi-million dollar
financial publishing firm with over 150,000 subscribers. In addition to
his role as managing editor and lead financial writer, he was also
responsible for equity research and managing a team of seasoned
professional financial writers, researchers and market commentators.
Paul's previous experience
includes a position at Robert W. Baird & Co.'s full-service
brokerage operations as well as economic research work on a Money and
Banking project funded by the National Bureau of Economic Research. He
has also spent time doing outside consulting and research for the
University of Virginia, has appeared as a guest expert on several
prominent financial radio shows, and has been a featured speaker at
various investment conferences across the U.S.
Paul graduated with a B.S.
in Finance and Management from the McIntire School of Commerce at the
University of Virginia.
Special
Deal for Our Web Site Visitors
