Norway: fit for some kings!

Norway has a king.  We love kings.  Let's buy some NORW!

Well, let's at least research some NORW.  The fund has fluctuated between $12 and $17 since its inception.  The last dividend was $0.42 back in December of 2012.  Since the price was around $12 then, that's not too bad.  The breakdown of NORW has 50% in the energy sector.  This will throw the sector breakdown of our portfolio a bit out of whack.

While revisiting our spreadsheet breakdown of portfolio weighting, we noticed that EWZ greatly shifted its portfolio around and now is much more focused on consumer staples than energy.  Also, we're now including T in our calculations.  Taking price into account, EWZ has also dropped in terms of the percentage of our portfolio.  Since SPY, ENZL, and T are all up, they are pushing their weight around even more.  We included NORW to see its impact.  It looks like we're very heavy in telecom (T and ENZL) and energy.

For the next buy, we're going to look into consumer staples for something with defensive potential.  We'll also need to try to get the portfolio back into balance.

Profit!