Earlier today we highlighted Mark Mobius’ comments on the BRIC nations — Brazil, Russia, India, and China. Mobius, Templeton Asset Management’s Executive Chairman, says he’s keying in on two major areas when it comes to BRIC equities: commodity and consumer stocks.
That got us thinking about which BRIC stocks John Reese’s Guru Strategies are highest on right now. As part of his recently unveiled Validea Professional product, Reese is now featuring on Validea.com several country and region portfolios that he’s been tracking for the past few years, one of which is focused solely on the BRIC nations. (Also available are portfolios focused on specific sectors or industries.) Since its inception in late 2006, the portfolio has gained almost 15%, while the S&P 500 has dropped more than 21%. (Templeton’s BRIC A Fund is up about 2% over the same period.)
While Mobius says “it is difficult to pick any one [BRIC country] over the others,” Reese’s Guru Strategies are currently focused primarily on China, where nine of his BRIC portfolio’s ten holdings are based. The lone “BRI” stock in the mix: Russia’s Lukoil.
Like Mobius, Reese’s models are keying in on commodity and consumer names, which make up more than half of the 10-stock portfolio. Here’s a look at the full portfolio, with performance figures through March 2.