Going Global

It may not look like the best time to invest overseas. Think again.

the Atlantic to snap up California-based Airtouch, making the company the largest cellular presence around. Smith looks for the company to grow earnings an average of 20%-25% a year over the next four years.
Nokia, meanwhile, is another overseas way to play the wireless phone revolution, says Joseph Tigue, managing editor of S&P’s The Outlook newsletter. Originally a paper products company, Finland’s Nokia has taken to cellular phones with a vengeance, recently surpassing U.S.-based Motorola as the largest producer of mobile phones. Tigue says Nokia’s earnings should rise 25% in 1999.

BUCK UP
In all, we’ve gathered 11 international investments that stand a good chance of prospering in the years ahead. We advise you to approach overseas investing with the same patience and long-term outlook you would in putting assets to work in the U.S. That way, by riding out the ups and downs, you stand to gain whether you invest at home or abroad.

Investing Around The World

Fund (Ticker)

Type

3-year Avg.
Annual
Total
Return*

1-Year
Total
Return*

Minimum
Initial
Investment
(IRA)

Telephone
Number

Scudder Greater European Growth
(SCGEX)
Foreign 0.2477 9.52% $2,500 ($1,000) 800-225-2470
Invesco European
(FEURX)
Foreign 23.12 12.49 1,000 (250) 800-525-8085
Vanguard European Stock Index
(VEURX)
Foreign 21.51 9.10 3,000 (1,000) 800-662-7447
Janus Worldwide
(JAWWX)
Global 22 15.3 2,500 (500) 800-525-8983
Artisan International
(ARTIX)
Foreign 21.48 26.08 1,000 (250) 800-344-1770
Idex Global C
(IGLCX)
Global 21.22 13.33 500 800-233-4339
*As of 3/1/99
Source: Morningstar Inc. (www.morningstar.net)

Picks Of The World
Seeking to grow your global portfolio?
The equities below are expected to grow as Europe continues its economic expansion

Company

Industry

52-Week
High/Low

Current
Price*

Roche Holdings
(OTC: ROHHY)
Pharmaceuticals

$133.00/$91.50

$127.00

Vodafone Group
(NYSE: VOD)
Cellular phone
service

197.75/84.06

176.56

Nokia
(NYSE:NOK.A)
Cellular phone
equipment

155.38/46.72

137.13

Novartis
(OTC: NVTSY)
Pharmaceuticals

107.00/71.00

85.75

Mannesmann
(OTC: MNNSY)
Industrial
manufacturing

150.00/61.50

128.50

*As of 3/3/99
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