European Stocks at 6% Off

Article Excerpt

EUROPEAN EQUITY FUND $13.02 (New York symbol EEA; CWA Fund Rating: Conservative) invests mainly in large-capitalization European stocks in the 13 countries that use the Euro currency. These countries are Austria, Belgium, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, the Netherlands, Portugal, Slovenia and Spain. The fund’s top holdings are: AXA (French insurance), Siemens (German industrial conglomerate), Total (French oil and gas), Banca Intesa (Italian bank), E.ON (German electric utility), KBC Group (Belgian banking), Compagnie de Saint Gobain (French building products), Banco Bilbao Viscaya (Spanish Bank), Telefonica (Spanish diversified telecommunications services), and LINDE (German chemical producer). European Equity Fund sells for a 9% discount from the current value of its assets. European Equity Fund is a buy. buy…