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GLOBAL OPPORTUNITIES:Positioning for Success Presented by: Rob Lutts, President & CIO Les Satlow, CFA, Portfolio Manager Dennis Wassung, CFA, Assoc. Portfolio Manager
China & India  Opportunities Abound Presented by:  Robert T. Lutts, President & Chief Investment Officer
THE CHINA OPPORTUNITY:Shanghai, China 1990 2010
By 2020, Asia is expected to have more than 1.2 billion population with a GDP per capita greater than $5,000 USD.  This is five times the size of the US middle class! Cabot Money Management, Inc.     |     216 Essex Street     |     Salem, MA 01970     |     978.745.9233     |     www.eCabot.com
CHINA:TOP SECTORS FOR GROWTH ,[object Object]
Property Development and Management
Internet Applications
Education
Infrastructure Growth
Consumer Spending, Travel, Advertising,[object Object]
IN SUMMARY ,[object Object]
China – is growing faster and has better finances (less debt).
China will open up its financial markets in the next 5-10 years – RMB (Yuan) convertibility and access to stock markets in shanghai will be coming.
India is gaining momentum – India could grow faster.
Expect high volatility in these markets.,[object Object]
LONG RUNWAY: UNDER-BANKED
LONG RUNWAY: MORTGAGES-TO-GDP (%, 2008)
LONG RUNWAY: LOW CARD USAGEEXAMPLE-BRAZIL 2008
1-YEAR LOAN GROWTH AS OF JUNE 30, 2010:US BANKS ARE SHRINKING THEIR BOOKS
HOW TIMES HAVE CHANGED:BREAKDOWN OF THE TOP 20 GLOBAL FINANCIALSBy Country (# Of Banks), In $Mln Did you know…? ,[object Object]
Top 2 banks are Chinese
Largest IPO ever was by Agricultural Bank of China in July 2010

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Global Opportunities: Positioning for Success