Chartwell Global 30 Portfolio Changes and Updates
By Carl Delfeld of the Chartwell ETF Advisorand Chartwell Partners Asset Management.
The Chartwell Global 30 portfolio is a basket of 30 equally weighted multinational companies split evenly between leading U.S. and overseas companies. Founded in 2005, the Chartwell Global 30 portfolio is up 14.46% during the past 12 months versus 0.27% for the S&P 500 index including dividends.
Tata Motors (TTM) and Ford Motor (F) were added earier this year to the Chartwell Global 30 to take advantage of the two companies increasing strength and growing strategic cooperation.
Meanwhile, one of Chartwell 's long-time holdings, Johnson & Johnson (JNJ)is a stalwart that has seen an incredible compounded annual sales growth of more than 11 per cent since it was founded in 1887. I wish my great great grandfather would have left me some shares.
Increasing scientific, regulatory, pricing and cost pressures have added to the task facing for CEO Mr. Bill Weldon, who was interviewed by the Financial Times. He has recently restructured J&J, cutting 4,000 jobs, in an effort to keep the company’s profits growing robustly in the next two potentially difficult years. But while J&J is financially conservative, Weldon believes his biggest impact may be on the company’s approach to innovation and its growing emphasis on emerging markets.
There are eighty projects in their R&D pipeline of which about six could be chosen for fast-track development. One involves J&J’s contact lens business working on a lens that delivers a drug directly to the eyes. Wow!
Meanwhile, another Chartwell Global 30 holding, General Electric (GE) announced today that it plans to double its investments in renewable energies to $6 billion by 2010 in the latest sign of a push by big companies to capitalize on concerns over global warming and pollution.
GE believes that within two years alternative sources such as wind and solar power will account for almost a quarter of its total investments in energy and water, up from 10 per cent in 2006. They estimate a market for renewable energy worth $60billion a year which is expected to expand rapidly.
For more information on the Chartwell Global 30, please contact Carl Delfeld at cdelfeld@comcast.net or 719.264.1503.
