My only advice is to avoid any closed-end fund with a premium. And the larger the premium, the more reason to avoid it.
Don't know what kind of general Pacific fund you are talking about. If you are asking do I think that the East Asian economies will eventually recover, the answer is yes. Barkley Rosser On Sat, 10 Oct 1998 00:23:01 -0400 pms <laflame at mindspring.com> wrote:
> OK, I'm totally confused, even with Greg's step by step. Is it also a dumb
> move to buy your basic Pacific fund, not CEF, because of the currency
> factor? And I am talking long term here.
>
>
>
>
>
>
> >Even if there is some
> >eventual upward movement of the NAV, there is much more
> >likely to be a much larger downward movement of the CEF.
> >Still sucker bait.
> >Barkley Rosser
> >On Fri, 09 Oct 1998 16:53:56 -0400 Greg
>
>
-- Rosser Jr, John Barkley rosserjb at jmu.edu