Our International Portfolio has fared quite well this year, with our conservative allocation generating a total return of 28 percent in US dollars. All 13 of these stocks have hiked their dividends over the past 12 months, rewarding investors with an average increase of more than 8 percent.

The Portfolio’s aggressive sleeve, which took a harder hit during last year’s selloff, has rallied hard in 2016, generating an average total return of 39.6 percent in US dollars.

After poring over second-quarter results, we’ve updated our comments on the more than 80 Canadian and Australian energy stocks in our International Coverage Universe. Here are some of our key takeaways from this process. We also exit one of our hedges and add a new upstream name to the International Coverage Universe.

During our most recent Live Chat, we received a number of questions about liquefied natural gas (LNG) and shipping companies that specialize in transporting this commodity. All signs point toward the global LNG market remaining oversupplied for at least the next four to five years, which should help to encourage demand growth.