Portfolio news – May 2017 changes

Well this post is a bit overdue, but not too late. In May I added one new position to my portfolio and used the remainder of the cash to buy ETF’s , specifically the Vanguard FTSE all world ETF.

The new addition is a Dutch investment company called HAL investments, It’s the investment vehicle of one of the most famous Rotterdam shipping family’s, Van der Vorm. They used to own the Holland America shipping line , hence the name HAL. It’s not my usual investment but for me it’s an interesting one. It’s not as much about the company’s they own which are available on the stock exchange. It’s the ones that are not.

For small time investors like myself it’s hard getting in on good company’s that are not listed on one of the exchanges. This is were HAL becomes interesting. They own parts of Coolblue, infomedics and others.

The family holds most of the shares which is a nice vote of confidence. They pay a healthy dividend which contributes nicely to my goal of living off the dividends that come in every year.

the downside is they are a bit heavily invested in the exploration for oil & gas, which has not been that great of a sector the past few years. Still they manage to make a nice profit anyway.

It’s been going strong since 1989 and I believe they will do a good job investing in company’s for years to come. Hopefully they will make more investments in company’s without a listing.