View the article online at http://citywire.co.uk/wealth-manager/article/a746880
How this top US fund is playing the shale boom in 7 stocks
on Apr 17, 2014 at 12:26
One of the themes running through the top performing Nordea 1 - North American All Cap fund is the US energy revolution.
This theme has helped power the fund to a 15.4% return in the 12 months to 16 April, beating the 8.9% gain in the S&P 500.
In article for Wealth Manager, the management team of Ed Cowart and John Pandtle outline how they are exploiting this phenomenon through seven stocks.
EOG Resources is one of the largest independent non-integrated oil and gas companies in the US.
It is the premier name in this space and we have been invested in the company for some time. We are bullish on EOG as we see 10 years of growth ahead of it. EOG has a giant storage facility and as soon as the gas price becomes advantageous it can turn the taps on and natural gas can take over from where oil leaves off.
We initially purchased shares in E.I. DuPont de Nemours, the second-largest US chemical company, approximately five years ago.
It produces differentiated chemicals and specialty materials within its five segments. The company has disciplined cost controls, having engaged aggressive productivity and restructuring efforts. It is an early cycle stock and its agricultural business is strong. Falling raw material prices and lower energy costs are advantageous.
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